One of the real beauties of owning a home that is in good condition and in a good location is that it becomes attractive to people in the market to buy a home.  If the owners actually have equity in the home and have a bit of “wiggle room” to work with a potential buyer on price and inspection items, that’s even better.

One of the real disappointments of the glut of short sales and foreclosures on the market is that both the pricing and the condition of the houses are pretty inflexible. They are what they are.

A House Near Berwyn Heights

In my previous post I mentioned the sale of one of my listings in College Park Woods.

This home is “across town” (which isn’t really that far).  It’s a few blocks from the Town of Berwyn Heights and it’s till very close and accessible to the University of MD, METRO, and the main commuter routes of the Beltway, RT 95 and the Baltimore/Washington Parkway.

I had interviewed with the Sellers quite a long time ago and, yet, for reasons of their own, they decided to use a Realtor based out of Columbia, MD to sell their home.  The Realtor didn’t work out so I came into the picture.  We priced the home well and I implemented my marketing blitz.  Still it took 111 days to attract a buyer.

A buyer recently made an offer and because they have been involved in the home buyer program offered by NACA (Neighborhood Assistance Corporation of America) the financing was all lined up and ready to go.The program offers great home buyer education, access to mortgages with highly competitive rates and the first-time home buyer tax credit of $7,500 for qualified buyers.

There is nothing better than a financially qualified buyer who wants to buy your home.

Next Steps

We are now working through the home inspection phase. After that, it’s the appraisal phase and then onto settlement.

Interested in how you might get good results like this?  Shoot me an e-mail or give me a call at 240-417-9100.