Buying a Home Category
The Problem With Detached Garages
I’ve been planning to build a detached garage for some time now. It was on my list of things I wanted when I bought a house last year, but unfortunately it wasn’t meant to be. I know own a beautiful house, but I have no garage.
The lack of a garage is a pretty serious issue, for me at least. Not having one is simply not a long term option as far as I’m concerned. With that being said, I’m now in the process of getting permits pulled to build one(I’m less than thrilled, but what can you do?). With the upcoming construction of my new garage, I will be committing one of the cardinal sins of home ownership: DON’T OVER-IMPROVE YOUR HOME!
Make no mistake, a detached garage can be a beautiful thing. I love a good man-cave as much as the next guy, but on a dollar-for-dollar re-sale basis, my future automotive showroom is going to make me bleed red ink.
Odds are good that my garage project will cost in the neighborhood of $30,000. From a resale perspective, it’s probably only worth an additional 5%-8% of value for my home, which would add $10,000-$16,000. It’s safe to assume that I will end up losing half of the money I put into the project when it comes to selling the home. The issue is not with the quality of construction or size, but rather it’s a limited benefit to my home’s future owner.
I have a need for the space. Where else could I store an antique car safely with it’s own security system? Most people don’t care for that sort of thing, so if you’re like me and in need of a private, detached space for your vehicles, knock your socks off, but don’t expect a dollar-for-dollar return when it’s time to sell your home.
(photo courtesy of EPA Smart Growth via Flickr CC)
Foreclosures For Sale in Charles County, MD
Foreclosures can be a great deal when it comes to searching for a home in Charles County, MD. I have taken the trouble to put together a list of every foreclosure property in Charles County, MD to help YOU find the best deal on the market!
Finding foreclosures for sale is my specialty, and this list will be updated daily, so bookmark this page to keep up to date on all the latest foreclosures in Charles County!
Showing properties
1 - 50 of 59.
See more Foreclosures in Charles County, MD.
(all data current as of
2/22/2012)
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$145,350 : 3711 Midlothian Pl, Waldorf3 beds, 2 full, 1 part baths
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$109,250 : 6002 Bobcat Ct, Waldorf3 beds, 2 full, 1 part baths
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$220,000 : 3843 Ocean Sunfish Ct, Waldorf3 beds, 2 full, 1 part baths
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$161,900 : 12471 Turtle Dove Pl, Waldorf3 beds, 3 full, 1 part baths
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$259,900 : 9763 Radford St, Waldorf3 beds, 2 full, 1 part baths
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$499,900 : 6722 Caddis Pl, Hughesville4 beds, 4 full, 2 part baths
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$232,900 : 2402 Tacoma Pl, Waldorf3 beds, 2 full, 1 part baths
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$131,900 : 12505 Turtle Dove Pl, Waldorf3 beds, 3 full, 1 part baths
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$490,000 : 4990 Pisgah-Marbury Rd, Marbury5 beds, 5 full, 1 part baths
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$144,900 : 6076 Sirenia Pl, Waldorf3 beds, 2 full, 1 part baths
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$165,000 : 4104 Brewster Way, Waldorf3 beds, 2 full baths
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$71,000 : 4208 Quigley Ct, Waldorf3 beds, 1 full bath
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$104,990 : 4364 Eagle Ct, Waldorf3 beds, 1 full, 1 part baths
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$109,900 : 1019 Floyd Ave, Waldorf3 beds, 1 full bath
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$68,000 : 108 Ellerbe Dr, Indian Head2 beds, 2 full baths
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$299,900 : 3374 Bushmill Pl, White Plains4 beds, 2 full, 1 part baths
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$184,900 : 3 Kenrick Ct, Indian Head4 beds, 3 full, 1 part baths
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$188,600 : 1200 Addison Ct, Waldorf4 beds, 2 full baths
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$429,900 : 8225 Tiverton Dr, Port Tobacco4 beds, 3 full, 1 part baths
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$179,900 : 4504 Orleans Ln, Waldorf4 beds, 3 full baths
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$103,000 : 1126 Hamlin Rd, Waldorf3 beds, 1 full, 1 part baths
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$34,900 : 22 Greenwood Pl, Indian Head2 beds, 1 full bath
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$274,900 : 9452 Biltmore St, Waldorf4 beds, 2 full, 1 part baths
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$260,000 : 2945 Mill Hill Rd, Waldorf3 beds, 2 full baths
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$85,000 : 2040 Tanglewood Dr, Waldorf3 beds, 1 full, 1 part baths
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$299,900 : 22b Finch Ct, La Plata4 beds, 3 full, 1 part baths
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$179,900 : 1108 Bannister Cir, Waldorf4 beds, 2 full baths
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$249,900 : 8640 Queensway Ct, White Plains4 beds, 2 full, 1 part baths
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$148,900 : 10654 Water Hickory Ct, Waldorf3 beds, 2 full baths
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$365,000 : 9260 Gunston Rd, Welcome5 beds, 4 full, 1 part baths
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$272,000 : 6751 Periwinkle Pl, Bryans Road4 beds, 2 full, 1 part baths
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$187,999 : 9308 Overlook Cir, Newburg3 beds, 2 full baths
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$139,900 : 903 Charles St, La Plata3 beds, 2 full baths
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$199,000 : 1202 Adams Rd, Waldorf4 beds, 2 full, 1 part baths
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$380,000 : 314 Parran Ln, Indian Head3 beds, 2 full baths
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$179,900 : 10465 Steven Ln, La Plata4 beds, 2 full, 1 part baths
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$269,900 : 2950 Merchant Ct, Waldorf4 beds, 2 full, 1 part baths
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$129,900 : 11306h Golden Eagle Pl, Waldorf3 beds, 2 full, 2 part baths
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$225,000 : 9550 Faulkner Rd, Faulkner3 beds, 0 baths
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$299,900 : 10493 Sagebrush Ct, Waldorf4 beds, 2 full, 1 part baths
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$309,900 : 15313 Bassford Rd, Waldorf3 beds, 2 full, 1 part baths
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$239,900 : 4100 Vineyard Pl, Marbury4 beds, 2 full, 1 part baths
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$59,900 : 18117 Piedmont Dr, Cobb Island2 beds, 1 full bath
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$164,900 : 6216 Panther Ct, Waldorf4 beds, 3 full, 1 part baths
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$175,000 : 4065 Doncaster Dr, Indian Head3 beds, 2 full, 1 part baths
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$279,900 : 6750 Barney Dr, Hughesville4 beds, 2 full, 1 part baths
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$239,900 : 7855 Port Tobacco Rd, Port Tobacco4 beds, 4 full baths
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$355,900 : 7550 Tottenham Dr, White Plains5 beds, 3 full, 1 part baths
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$46,200 : 114 Scroggins St, La Plata3 beds, 1 full bath
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$79,900 : 4072 Green Spring St, Waldorf3 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Why Didn’t The Appraisal Meet The Sales Price?
Getting a bad appraisal hurts. When an appraisal comes in below the agreed sales price, it can throw an entire contract right out the window. It doesn’t necessarily have to happen that way, but it is a distinct possibility.
First, let’s look at the “WHY” when it comes to an appraisal. A low appraisal means one of two things:
- Your house isn’t worth the contract price due to other recent sales in your area that were lower than yours.
- The appraiser made a mistake.
You can always request a review of the appraisal if you think the appraiser made a mistake, but you (or your agent) are going to need to back that claim up with proof, i.e. other recent sales that the appraiser may have missed or omitted and the reason why you think there was an error. Hopefully the appraiser can justify changing the appraised value and the sale can continue on as normal. If not, then there are still options:
- The seller can agree with the buyer to lower the sales price to the appraised value
- The seller can ask the buyer to pay the difference, but understand they cannot finance that overage and would need to pay the difference in cash
- The seller and the buyer can release the contract, and try and sell the house to someone else.
None of these options are ideal, unfortunately. If you lower the sales price, that means the seller is going to make less money from the transaction, possibly thousands less. If you ask the buyer to pay the difference, they are not obligated to say yes, and they may choose to walk away from the contract and find another home. If you do end up releasing the contract, the seller may run into another problem with the appraisal.
Some types of appraisals are actually attached to your house, possibly for as long as 6 months! If the seller tries to sell it to someone else, their appraiser may be able to see the old appraisal, preventing them from writing one which is higher (and more favorable to the seller). This could make all of the seller’s work trying to sell the house to someone else a worthless endeavor, so make sure you check that before cutting a contract loose.
Sick of Foreclosures in Waldorf, MD? Check Out This Home Instead!
This home is the nicest property you can find in Wakefield! Huge granite counters, a GIGANTIC master bedroom with walk-in closet and master bath, and a huge Florida room addition to the home as well!
No expense has been spared, as this home includes an in-ground sprinkler system, wireless alarm system, beautiful flooring and plenty of space! This home is move-in ready, in great condition!
Best of all, this home is not a foreclosure -OR- a short sale! You owe it to yourself to check this gorgeous home out!
2428 Pear Tree Ct, Waldorf, MD 20602 (MLS # CH7724880)
(all data current as of 2/22/2012)| Price | $300,000 |
|---|---|
| Beds | 4 |
| Baths | 2 full, 1 half |
| Home size | n/a |
| Lot Size | 7,214 sq ft |
| Days on Market | 104 |
This home is the nicest property you can find in Wakefield! Huge granite counters, a GIGANTIC master bedroom with walk-in closet and master bath, and a huge Florida room addition to the home as well! No expense has been spared, as this home includes an in-ground sprinkler system, wireless alarm system, beautiful flooring and plenty of space! This home is move-in ready, in great condition!
Property Type(s): Residential for Sale, Detached for Sale
| Last Updated | 2/10/2012 | Tract | St Charles Wakefield |
|---|---|---|---|
| Year Built | 1979 | Community | n/a |
| Garage Spaces | 1.0 | County | Charles |
| Total Parking | 1 | Walk Score ® |
15
|
Additional Details
| Original List Price | 300000.0 | Fireplaces | 0 |
|---|---|---|---|
| Stories | 2 | Year Built | 1979 |
| Baths Full | 2 | Baths Half | 1 |
| Living Area | 0 | HOA Fee | 450.0 |
| Lot Size Area | 7214 | Zoning Code | PUD |
| Parking Included | Y | Garage | 1 |
| Subdivision | ST CHARLES WAKEFIELD | Election District | 6 |
| County | CHARLES | Tax Legal Subdivision | ST CHARLES WAKEFIELD |
| Total Assessment | 267000.0 | Assessment Year | 2011 |
| County Tax | 2867.58 | Total Taxes | 3142.46 |
| Tax Year | 2010 |
Features
| Amenities | Auto Gar Dr Opn, Granite Counters, Master Walk-in Closet, MBR-BA Full, W/W Carpeting, Walk-in Closet(s) |
|---|---|
| Appliances | Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer |
| Attic | No |
| Basement | N |
| Cooling | Central A/C |
| Dining Kitchen | Kit-Island, Kit-Table Space |
| Disclosures | Expt-disclos/disclaim |
| Exterior | Vinyl Siding |
| Exterior Features | Fenced-Rear, Udrgrd Lwn Sprnklr |
| Garage Type | Attached |
| Heating | Heat Pump(s) |
| Heating Fuel | Electric |
| HOA | Y |
| HOA Payment Freq | Annually |
| Hot Water | Electric |
| Lis Media List | Photo |
| Parking | Garage |
| Possession | Immediate |
| Potential Short Sale | No |
| Property Type | Residential |
| Special Tax Assessment Payment Freq | Annually |
| Style | Colonial |
| SubSystemLocale | MRIS_MAIN |
| SystemLocale | MRIS |
| Type | Detached |
| ValidationStatus | GEO_I_101_ExactMatch |
Location
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Listed with Keller Williams Preferred
(view all details for MLS #CH7724880)
How Much Of Your Home Was Made In America?
If you had the chance to buy a home that was made in America, would you do it? It sounds like a silly question, but I’m not talking about WHERE it was built, I’m talking about HOW.
Apparently a builder in Bozeman, Montana, name Anders Lewendal has done just that. Every single piece of material used to build his latest home was made in America by American manufacturers. Here’s the real kicker: The total cost of the project is roughly 1-2% higher than if he had sourced out the materials from foreign manufacturers.
Anders is a smart guy. He’s a former economist turned home builder, and he estimates that if home builders in the U.S. used 5% more American made supplies, it would spur the creation of 220,000 additional U.S. jobs. Ultimately this begs the question: Would you be willing to spend 2% more on a home that was entirely American made, or is the cheaper price tag more important?
| Product | Manufacturer/Supplier | State |
|---|---|---|
| Windows | Amsco Windows | UT |
| J bolts/foundation | S.C. Prototypes | MT |
| J bolts/foundation/stock | Pacific Steel | UT |
| Gorilla Duct tape | The Gorilla Glue Co | OH |
| 4″ perforated pipe, radon | Northern Pipe Co. | ND |
| 4″ pvc fittings | GPK | ND |
| pvc glue | Oatey | OH |
| 8d ring shank nails | True Spec | CA |
| 16d sinkers | Griptite | WI |
| 1/2″ foundation nuts | CAT | IL |
| gun nails | Maze | IL |
| damp proofing | Mulseal/Tremco | OH |
| Rebar | Nucor | UT |
| Concrete | CMI | MT |
| Concrete Portland | Ash Grove | MT |
| Concrete aggregate | CMC. Beglade | MT |
| Concrete sand | CMC. Beglade | MT |
| Hangers, straps, H clips | Simpson Strong-Tie | CA |
| TJI’s | I-Level Truss Joist | OR |
| 2×4′s and 2×6′s | RY Lumber | MT |
| Plywood | Potlatch | ID |
| 2×4′s and 2×6′s | F.H. Stoltze | MT |
| 2×4′s and 2×6′s | Idaho Forest | ID |
| PL 400 sub floor adhesive | Loctite | CT |
| MiraTEC fascia | CMI Corp | PA |
| treated plate | McFarland Cascade | WA |
| T braces/framing | Appleton Supply | WI |
| sill seal | Reflectix | IN |
| powder actuated pins | TW Ramset/Redhead | IL |
| foam board | Dow | IL |
| Spray paint | Rustoleum | IL |
| Spray insulation | JM Corbond | MT, TX |
| Screws | Por Pac | CO, CT |
| Wire joint | Thomas & Betts | TN |
| Spray paint | ACE | IL |
| paint | Sherwin Williams | OH |
| Window foam | Touch n Seal | MO |
| Caulking | White Lightning | OH |
| Plastic elect. Straps | Handy Straps | WI |
| meter base | Eaton/Cutler Hammer | PA |
| electric panel | Eaton/Cutler Hammer | PA |
| Breakers | Eaton/Cutler Hammer | PA |
| PVC pipe/fittings | Ridgeline Pipe | OR |
| 2″ Romex connectors | Bridgeport | CT |
| Boxes | Allied | OH |
| Wire-service, romex | Southwire | GA |
| staples | Sturgeon Bay | WI |
| 4/0 SER straps | Sturgeon Bay | WI |
| Telephone wire | 3M | MN |
| wire connectors/crimp sleeves | Ideal | IL |
| wire staples | Sturgeon Bay | WI |
| Furnace disconnect | Eaton/Cutler Hammer | PA |
| recessed cans | Juno/Schneider Electric | IL |
| recycled glass | Livingston Landfill | MT |
| Furnace | Trane | TX |
| Cooling Coil | Trane | TX |
| HRV | Trane | TX |
| Air Cleaner | Trane | TX |
| Zoning/Thermostats | Trane | TX |
| Ductwork | Norwesco | WA |
| Screws | Brynolf Manufacturing | IL |
| PVC | Cresline-Northwest | WA |
| Condensate Trap | Airtec | MA |
| Registers/Grilles | Hart & Cooley | MI |
| Allthread Rod | Chicago Hardware | IL |
| Pipe Brackets | C&S Manufacturing | WI |
| Conensate Pump | Franklin Electric | IN |
| Unistrut | Cooper B-Line | IL |
| Flexible Duct | Atco | TX |
| Duct Sealant | Hardcast | TX |
| Flex Duct Straps | Source 1 | OK |
| PVC Glue/Primer | Oatey | OH |
| Thermostat Wire | Honeywell | MS |
| Exhaust Fans | Broan | WI |
| Concentric Vent | Source 1 | OK |
| Exhaust Hoods | Broan | WI |
| Nuts/ Washers | Perine Danforth | WA |
| Dryer Box | In O Vate Tech | FL |
| Duct Liner | Johns Manville | CO |
| Duct Liner Pins | Hardcast | TX |
| Allthread Anchors | ITW Buildex | IL |
| Ductstrap | Colombia Man | WA |
| Manual Dampers | Norwesco | WA |
| Sill Sealer | Reflectix, Inc. | IN |
| PVC Primer and Cement | Oatey | OH |
| PVC Pipe | Cresline-Northwest | WA |
| Pex Pipe | Viega | KS |
| Kitchen Sink | Moen | PA |
| Kitchen Faucet | Moen | NC |
| Kitchen Basket strainer | Dearborn Brass | TX |
| Kitchen disposer | In-Sink-Erator | WI |
| Bathroom Pedestal Lav | Mansfield | OH |
| Bathroom Lav faucet | Moen | NC |
| Bathroom Lav sink | Mansfield | IL |
| Bathroom toilets | Mansfield | IL |
| Bathroom toilet seats | Kohler | AR |
| Master Shower | Aquaglass | OR |
| Master shower valve | Moen | NC |
| Master shower trim | Moen | NC |
| Master soaker tub | Aquaglass | OR |
| Master soaker tub trim | Moen | NC |
| Master soaker tub valve | Moen | NC |
| Bathtub waste and overflow | Watco | MO |
| Full Bath tub/shower | Aquaglass | OR |
| Full Bath tub/shower trim | Moen | NC |
| Full Bath tub/shower valve | Moen | NC |
| Water Heater | Bradford White | PA |
| Pex Fittings | Zurn | TX |
| PVC Fittings | Sioux Chief | MO |
| Hangers/pipe insulators | Sioux Chief | MO |
| Roof Jack | Oatey | OH |
| Plumber Putty | Hercules | NJ |
| Wax rings | Hercules | NJ |
| Thread Dope | Hercules | NJ |
| Plumber tape | Smith/Cooper | CA |
| Black pipe | RJB Wholesale, Inc | WA |
| Black pipe fittings | Anvil International | NV |
| Gastite pipe and fittings | Gastite | MA |
| Soulder Flux | Rectorseal | TX |
| Soulder | Exeon Inc. | IL |
| Copper Pipe | Cerro Flow Products Inc. | MO |
| Copper fittings | Elkhart Products Corp. | IL |
| Backflow preventor/PRV | Watts | ME |
| Expansion Tank | Amtrol | RI |
| Hose bibs | Woodford | CO |
I think this is a pretty ingenious concept. While this may not be a solution to the financial crisis, adding a few hundred thousand jobs to the industry certainly wouldn’t hurt.
Maryland’s Most Expensive Homes – Million Dollar Mansions
I may not have enough cash in my pocket, but that doesn’t stop me from admiring some of the biggest, best, and most beautiful homes on the market in Maryland right now. These properties are gargantuan, and all of them will set you back by at least $5,000,000.
Buying a luxury estate like this is akin to buying a luxury car: If you have to ask the price, you probably can’t afford it. Many of these homes are waterfront, or located in immediate proximity to luxury amenities such as golf courses, stables, and some even have private air strips. If you’re in the market for a home that reflects your passions, this is a great place to start looking.
Showing properties
1 - 42 of 42.
See more Million Dollar Listings in Maryland.
(all data current as of
2/22/2012)
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$5,450,000 : 10373 Locust Point Rd, Princess Anne4 beds, 5 full, 1 part baths
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$5,200,000 : 28300 Old Country Club Rd, Easton5 beds, 6 full, 2 part baths
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$6,850,000 : 9210 Fox Meadow, Potomac7 beds, 8 full, 2 part baths
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$9,850,000 : 237 Bohemia Manor Farm Ln, Chesapeake City11 beds, 7 full, 3 part baths
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$8,950,000 : 12929 Catoctin Hollow Rd, Thurmont13 beds, 9 full baths
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$7,600,000 : 5391 Morgans Point Dr, Oxford6 beds, 7 full, 2 part baths
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$8,500,000 : 12514 Pennyfield Lock Rd, Potomac5 beds, 3 full, 1 part baths
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$5,900,000 : 28115 Southside Island Creek Rd, Trappe4 beds, 4 full, 1 part baths
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$6,450,000 : 3555 Lower Marlboro Rd, Owings6 beds, 7 full, 2 part baths
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$15,000,000 : 1234 Cherry Tree Ln, Annapolis6 beds, 5 full, 1 part baths
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$9,995,000 : 102 Piney Creek Ln, Elkton5 beds, 4 full, 2 part baths
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$10,000,000 : 10501 Chapel Rd, Potomac9 beds, 11 full, 5 part baths
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$5,900,000 : 952 Old County Rd, Severna Park5 beds, 6 full, 2 part baths
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$6,200,000 : 3714 Eastern Neck Rd, Rock Hall9 beds, 5 full, 1 part baths
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$11,950,000 : 300 Talisman Circle Rd, Grasonville8 beds, 6 full, 1 part baths
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$5,750,000 : 8190 Beechley Rd, Wittman4 beds, 2 full, 1 part baths
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$8,500,000 : 1514 Whitehall Rd, Annapolis5 beds, 5 full, 2 part baths
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$6,395,000 : 7016 Natelli Woods Ln, Bethesda6 beds, 8 full, 2 part baths
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$5,900,000 : 201 Wye Woods Way, Queenstown35 beds, 40 full baths
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$5,999,000 : 9009 Congressional Ct, Potomac8 beds, 7 full, 3 part baths
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$8,500,000 : 622 Ponte Villas N, Baltimore6 beds, 7 full, 3 part baths
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$30,000,000 : 3675 Decoursey Bridge Rd, Cambridge11 beds, 10 full, 1 part baths
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$7,800,000 : 26020 Marengo Rd, Easton4 beds, 3 full, 1 part baths
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$7,750,000 : 22020 Benders Ln, Sherwood5 beds, 5 full, 1 part baths
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$10,700,000 : 5252 Long Point Farm Rd, Oxford4 beds, 3 full, 3 part baths
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$7,500,000 : 5252 Long Point Farm Rd, Oxford5 beds, 5 full, 2 part baths
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$6,995,000 : 15 Lenox St W, Chevy Chase8 beds, 9 full, 2 part baths
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$6,495,000 : 7 Carrollton Rd, Annapolis5 beds, 6 full, 1 part baths
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$6,900,000 : 9411 Newbridge Dr, Potomac7 beds, 7 full, 5 part baths
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$6,499,900 : 970 Old County Rd, Severna Park8 beds, 6 full, 1 part baths
-
$5,935,000 : 2800 Butler Rd, Glyndon4 beds, 5 full, 1 part baths
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$6,250,000 : 2300 Grove Neck Rd, Earleville3 beds, 3 full, 1 part baths
-
$8,900,000 : 6010 Shipyard Ln, Easton6 beds, 6 full, 1 part baths
-
$6,999,999 : 7013 Natelli Woods Ln, Bethesda12 beds, 14 full, 3 part baths
-
$5,900,000 : 5135 Crosby Road, Rock Hall5 beds, 4 full, 1 part baths
-
$5,572,000 : 1176 Brehm Rd, Westminster4 beds, 3 full baths
-
$8,500,000 : 24671 Beverly Rd, Saint Michaels5 beds, 6 full, 3 part baths
-
$7,900,000 : 8831 Quailsar Rd, Easton8 beds, 4 full, 1 part baths
-
$6,999,000 : 24 Wissioming Ct, Bethesda4 beds, 5 full, 2 part baths
-
$12,950,000 : 7373 Tilghman Island Rd, Sherwood9 beds, 5 full, 1 part baths
-
$6,999,000 : 869 Childs Point Rd, Annapolis7 beds, 7 full, 1 part baths
-
$9,999,000 : 300 Wye Narrows Dr, Queenstown9 beds, 10 full, 4 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Waterfront Homes for Sale in Southern Maryland
One of Southern Maryland’s greatest features is the abundance of waterfront homes. From beach front cottages to sprawling estates, there’s plenty of great homes for sale with direct access to Maryland waterways.
Southern Maryland is known for it’s crabbing, boating, and waterways, and living on waterfront property doesn’t have to cost a fortune!
If you’re interested in searching for waterfront homes in Southern Maryland, look no further! In addition, you can do a more advanced search for waterfront homes here!
Showing properties
1 - 50 of 173.
See more Waterfront Homes for Sale in Southern Maryland.
(all data current as of
2/22/2012)
-
$599,999 : 12756 Bullet Bend, Lusby5 beds, 5 full, 1 part baths
-
$489,000 : 17744 Driftwood Dr, Piney Point4 beds, 3 full, 1 part baths
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$874,900 : 12295 Potomac View Rd, Newburg4 beds, 4 full baths
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$269,000 : 1202 Back Creek Loop #O-10, Solomons2 beds, 2 full baths
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$499,000 : 11718 Hilltop Rd, Lusby2 beds, 2 full, 1 part baths
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$569,900 : 9117 Bay Ave, North Beach2 beds, 1 full, 1 part baths
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$279,000 : 9000 Bay Ave #107, North Beach2 beds, 1 full bath
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$219,000 : 17434 Poplar St, Piney Point2 beds, 2 full baths
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$349,900 : 8501 Bayside Rd #201, Chesapeake Beach2 beds, 2 full baths
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$399,900 : 8501 Bayside Rd #708, Chesapeake Beach2 beds, 2 full baths
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$539,000 : 40504 Waterview Dr, Mechanicsville3 beds, 2 full baths
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$525,000 : 283 Frontier Trl, Lusby3 beds, 3 full baths
-
$475,000 : 3240 Cliff Trl, Port Republic4 beds, 3 full, 1 part baths
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$750,000 : 17885 Saint Jeromes Neck Rd, Dameron4 beds, 3 full, 1 part baths
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$450,000 : 43852 River View Ln, Leonardtown3 beds, 2 full baths
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$399,900 : 16032 Thomas Rd, Piney Point2 beds, 2 full baths
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$570,000 : 45319 Mill Cove Harbor Rd, California5 beds, 3 full baths
-
$420,000 : 7609 B St, Chesapeake Beach3 beds, 2 full baths
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$260,000 : 19332 Wilmott Dr, Benedict3 beds, 1 full bath
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$625,000 : 44294 Sotterley Ln, Hollywood2 beds, 2 full baths
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$549,900 : 4030 17th St, Chesapeake Beach3 beds, 2 full, 2 part baths
-
$1,495,000 : 1252512515 Tongue Cove Ln, Lusby6 beds, 6 full, 2 part baths
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$217,500 : 6890 Kangaroo Dr, Waldorf4 beds, 2 full, 1 part baths
-
$1,050,000 : 12515 Tongue Cove Ln, Lusby4 beds, 4 full, 1 part baths
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$515,000 : 17493 River Dr, Piney Point4 beds, 2 full, 1 part baths
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$297,000 : 24329 River Dr, Chaptico2 beds, 1 full bath
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$239,900 : 923 Spinnaker Way #923, Solomons2 beds, 2 full baths
-
$1,680,000 : 1225 Hollidge Rd, Lusby5 beds, 4 full, 1 part baths
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$725,000 : 11650 Perry Branch Rd, Newburg3 beds, 2 full, 1 part baths
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$275,900 : 40443 Breton View Dr, Leonardtown3 beds, 3 full, 1 part baths
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$299,900 : 353 Driftwood Ln #353, Solomons3 beds, 2 full baths
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$250,000 : 223 Driftwood Ln #223, Solomons2 beds, 2 full baths
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$575,000 : 22695 Wicomico Dr, Bushwood16 beds, 4 full, 2 part baths
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$799,000 : 8715 C St, Chesapeake Beach4 beds, 2 full, 1 part baths
-
$1,650,000 : 15205 Bald Eagle Pl, Newburg5 beds, 4 full, 1 part baths
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$675,000 : 4205 Chaneyville Rd, Owings4 beds, 4 full, 1 part baths
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$499,990 : 5979 Ketch Rd, Prince Frederick4 beds, 2 full, 1 part baths
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$255,000 : 38674 Collinwood Dr, Abell3 beds, 1 full bath
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$600,000 : 4105 Patuxent Ct, Dunkirk3 beds, 2 full baths
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$249,900 : 26448 Peninsular Dr, Hollywood3 beds, 2 full baths
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$329,000 : 40375 Old Breton Beach Rd, Leonardtown2 beds, 1 full bath
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$2,200,000 : 39500 Buck Briscoe Rd, Compton6 beds, 6 full, 1 part baths
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$330,000 : 16712 Piney Point Rd, Piney Point3 beds, 2 full baths
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$699,000 : 45969 Town Creek Shop Ln, California4 beds, 3 full baths
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$419,999 : 3600 Bay View Dr, Port Republic3 beds, 3 full baths
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$550,000 : 6915 Dicandia Dorsey Pl, Hughesville4 beds, 3 full baths
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$290,000 : 1258 Golden West Way, Lusby3 beds, 3 full baths
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$750,000 : 42341 Riverwinds Dr, Leonardtown4 beds, 2 full, 1 part baths
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$449,000 : 8611 Addison Bridge Pl, Chesapeake Beach4 beds, 3 full, 1 part baths
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$930,000 : 2385 Cape Leonard Dr, St Leonard4 beds, 3 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
Foreclosure Homes for Sale in La Plata, MD
Thinking of buying a foreclosure home in La Plata, MD? Here’s a list (constantly updated!) of foreclosed REO homes in La Plata, MD that are available for sale right now! Feel free to browse and let me know if you have any questions about these or any other homes in the area!
(Quick tip: Did you know that La Plata, MD is the County seat for Charles County?)
Showing properties
1 - 6 of 6.
See more Foreclosures in La Plata, MD.
(all data current as of
2/22/2012)
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$299,900 : 22b Finch Ct, La Plata4 beds, 3 full, 1 part baths
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$139,900 : 903 Charles St, La Plata3 beds, 2 full baths
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$179,900 : 10465 Steven Ln, La Plata4 beds, 2 full, 1 part baths
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$46,200 : 114 Scroggins St, La Plata3 beds, 1 full bath
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$234,900 : 7489 Robin Rd, La Plata4 beds, 3 full baths
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$149,900 : 710 Charles St, La Plata3 beds, 1 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
What’s it Like to Buy a Foreclosure? – Finding a Home
“The first rule of Fight Club – Don’t talk about Fight Club”
I’m about to break all the rules about client confidentiality and fiduciary responsibility. Realtors aren’t supposed to talk about contracts in detail, as it’s a breach of trust with their clients. Well, it seems I just found a loophole!
I’m in the process of buying a house myself. A foreclosure to be exact, and over the next few weeks I’m going to go into detail exactly how the negotiation, inspections, qualifying and closing actually works on my transaction.
I’ve been quietly looking for months to try and find a home that fits my needs. My criteria has been this:
- Purchase price of $250,000 or less
- Detached Garage (I need a place to store antique muscle cars)
- Fenced Yard (I’ve got 3 doggies, and I would rather they not run amok)
- 3 bedrooms, 2 baths
- 1 acre of land or more (Privacy is important to me!)
- Located within 20 minutes of my office in Waldorf, MD
- It’s gotta be a great deal (Naturally!)
Sounds easy, right? Unfortunately, there isn’t exactly a surplus of homes that meet all of my needs, so I’ve been searching for months. I’ve looked at rehab projects that fit the bill at $140,000 and move in ready homes that meet almost all of my needs at the top end of my price range.
I’ve finally found a home that is close to everything I need, and here it is:
Looks nice, right? Well, I have to admit that it’s in much better shape than most of the foreclosures that I run across. It’s got fresh carpet. It has fresh paint, heck it even has that nice “new house smell” to it! It’s on a acre of land, and it’s got a nice big deck in the back.
However ~
- It doesn’t have a fenced in yard (add $3,000 for fencing)
- It doesn’t have a garage (I’ll spend $20,000 adding that)
- It’s only 2 bedrooms (I don’t have kids, so I can deal with that)
- I need to replace all of the ceiling fans (6 fans, maybe $1,200 there?)
- The back door frame is rotting ($800 to replace that)
- It doesn’t have enough space for my dining room furniture, so I will need to move a wall or two (another $2,000, but who’s counting?
- It also has a small kitchen with crappy appliances (I’ll probably spend $3,000 on replacing those)
It’s not quite the dream home, but it’s certainly something I can work with. As an added bonus, this home qualifies for Rural Development financing, meaning I can put 0% down and get a fixed interest rate of 4.25%.
I decided to immediately write a full price offer on the home. The listing price was $202,500, and when I called the listing agent, I found out there were already multiple offers. Since I really wanted to make sure I got the home (And I’m tired of looking at this point) I decided to offer $210,000 with the bank paying $4,200 in closing costs (That’s $7,500 more than the asking price!). As it turns out, I was willing to spend more than anyone else was on the property, and the bank accepted my offer.
My next step was to tell my lender we had a property under contract and order a home inspection. I’ll talk more about that later and keep this site updated to find out whether I end up making it to closing or not! So far, I will be spending $210,000 on the purchase of the house and the modifications I want to make it right for me will cost $27,000, so that brings me to a grand total of $237,000, which is under my desired cap of $250,000.
September 2011 Southern Maryland Real Estate Market Report
The current real estate market in Southern Maryland seems to be heating up recently. I wouldn’t go so far as to say the market is hot, but there’s a definite thaw in otherwise sluggish sales.
Check out the video below for a full summary on what’s been happening in the local market recently!
Jon Benya Keller Williams of Southern Maryland
tel (301) 653-8113
fax (301) 632-5481
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