What Raising The Bar Doesn’t Mean #RTB
It doesn’t mean doing whatever it takes to get a deal done. It doesn’t mean undermining the very fundamentals of our profession just to line your own personal bank account. It doesn’t mean trying to sell real estate outside of your area of expertise. It doesn’t mean delivering poor customer service, but promising the sun, the moon and the stars to unsuspecting buyers and sellers. I’ve been... [Read more...]
Ocean City, Maryland Real Estate Market Statistics and Trends
The median sales price for homes in Ocean City MD for Sep 09 to Nov 09 was $335,000. This represents an increase of 24.1%, or $65,000, compared to the prior quarter and an increase of 20.4% compared to the prior year. The average listing price for Ocean City homes for sale was $430,969 for the week ending Jan 20, which represents a decline of 1.9%, or $8,450, compared to the prior week and a decline... [Read more...]
Just Listed! #4 L’Image Oceanfront Penthouse- The Ultimate in Ocean Beach Luxury!
Look at this! Direct Oceanfront, top floor penthouse with 3 BR, 3 BA in 4 unit “boutique” building located in North Ocean City. Stunning interior design appointments, paint, and touches throughout.Breathtaking first impression rotunda entry foyer with rounded walls and circular mosaic tile floor design. Eight foot glass Anderson Frenchwood gliding doors to both bayside and oceanfront balconies.... [Read more...]
Tip For Buyers And Sellers
An Agreement of Sale to purchase real estate is a legal document and should be reviewed very carefully by all parties to the transaction. A buyer or seller that is unclear or does not understand all aspects of the Agreement, should most certainly speak with their REALTOR for clarification and explanations, and consult an attorney if they choose to do so for further review. Real estate agents are... [Read more...]
Cozy Beach Home Just Listed in Ocean City!
Cozy Ocean City Beach Home with Bay Views! Just Listed in Ocean City! Waterfront 3 Bedroom 1 and 1/2 bath Rancher single family home with direct bay sunset views from the front porch. Rear exterior Sun Room opens to a very large fenced yard, where you can walk right out to your private boat dock. Home is in excellent condition with new baths, central air, hardwood floors, ceramic tile and carpeted... [Read more...]
The “New” Newlywed Game – Oh Yes Really!
The Ocean City, Maryland Parrothead Club held a fabulous fundraising event on January 14th, 2010 at Seacrets USA to benefit the “Message of Hope Cancer Fund, Inc.” Now the premise of this fundraiser was quite interesting to put it mildly. Four local couples put themselves on the line to answer some pretty tough questions. It was set up in the venue of the old time long running show the... [Read more...]
Beach Blanket Blood Drive 2010
Every year our local Blood Bank of Delmarva holds their annual blood drive. This year it is January 19 -20, 2009 at the Ocean City, Maryland Convention Center located on 40th and Coastal Highway. You can just walk in from 10am – 6pm on January 19th or 9am – 5pm on January 20th, or you can call (410)749-4161 to make an appointment. “Make a Difference – Give Blood” An... [Read more...]
Ocean City, Md Condo Financing Questions Discussed
I can not stress the importance enough of working with a lender that has a proven track record of processing and approving a condominium product loan. If they don’t, many loans have not been placed, because lenders take a loan that they can not compete. Paul Soule with Coldwell Banker Home Mortgage takes the time to discuss with me, the unique situations that arise with condominium financing,... [Read more...]
New RESPA Changes – What That Means To You
HUD, (Housing and Urban Development), in an effort to improve disclosure of key loan terms and closing costs paid by the consumer when they buy or refinance a property, HUD has reformed the RESPA Rules. Here is a summary of the final rule: Good Faith Estimate – now it will be a three page document, including disclosure of yield spread premiums and the tolerance restriction. Effective date January... [Read more...]
Snow At The Beach?
The East Coast took quite a beating from a winter storm that moved through most of Saturday into Sunday morning. Many areas to the north and west of Ocean City were very hard hit with record amounts of snow. I was hoping for more of the white stuff, but alas, we didn’t get that much at the beach. You didn’t have to dig your car out from the parking lot at your condo. We (hubby and I) did... [Read more...]
A Tribute To Our Firefighter’s
Heroic Ocean City, Md. Firefighter It gives me hope for the human spirit. From great sadness and tragedy comes great outpourings of generosity and kindness. Horribly a home in the neighborhood where I live was burnt almost to the ground on Saturday. We stood by and watched as our local firefighters valiantly fought the blaze with such vigor. The shocked and scared faces of the neighbors was painful... [Read more...]
Congratulations To Ocean City Cultural Arts Advisory Board
I love where I live. We have such wonderful residents. Friday night I had the honor and the privilege to attend the inaugural benefit performance for the OCCAAB (Ocean City Cultural Arts Advisory Board). “Home For The Holidays”, was a fabulous jazz performance held at the infamous Seacrets, with Gregg Karukas, Shannon Ford and Steve Zerlin and featuring the vocals of Shelby Flint. (Shelby is... [Read more...]
Find Ocean City Properties For Sale From Your iPhone
Search Ocean City Homes on your iPhone We wanted to let you know that we are introducing a new way for you and your friends, who have an iPhone to view all of the homes for sale in Ocean City. With a mobile Real Estate search, it makes it possible to search all Ocean City property listings from your iPhone. If you go to our web site , right hand side of main page, you can click on the “DOWNLOAD... [Read more...]
Do I Qualify For This Mortgage?
Buyers, make sure you qualify for the mortgage loan you will be obtaining to purchase your home or condominium. The rules to qualify seem to be changing almost daily. When you apply for a mortgage, most (if not all) lenders will sell your loan to the secondary mortgage market (a/k/a Fannie Mae or Freddie Mac). In order for you to be approved to borrow monies, there are debt to income ratios (as well... [Read more...]
Is the Pendulum Swinging?
According to the National Association of REALTORS (NAR), we have seen pending home sales rise for the ninth month in a row now. The Pending Home Sale Index is an indicator that looks forward based upon properties that were put under contract (or pending) the month previously. In this case it would be for October 2009 that they are reporting on. For those number crunchers out there, the Index increased... [Read more...]
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Ocean City Average Listing Price
Ocean City Median Sales Price
