Author: somdhomebuyers

6 Reasons To Avoid The MLS When Selling Your House

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If you own real estate, you have probably heard of the MLS. It is a members-only website that is joined by real estate agents in the area. They have a local level, a state level, and a national level. Joining this association designates the agent as a Realtor. They must pay to access this service. … Continued

4 Tips For Selling Your House With Owner Financing In

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What is owner financing? This is a type of sale where the owner finances their own buyer or becomes the bank. The owner will usually have similar terms to a bank for a buyer to qualify. They expect a downpayment, interest over a loan, and can also foreclose for non-payment. This is also a great … Continued

The Hidden Costs of Owning Vacant Land In

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Vacant land can be a truly rewarding investment. Vacant land can also have hidden costs; maybe right away, maybe in the long run. There are annual taxes and potentially property owner’s association fees to consider, not as many tax benefits, cash flow, and property maintenance issues, and market conditions to consider. Call Southern Maryland Home … Continued

5 Ways Holding Onto Vacant Land Is Costing You In

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Vacant land can be a truly rewarding investment. Holding on to vacant land can also cost you; maybe right away, maybe in the long run. There are annual taxes and potentially property owner’s association fees to consider, not as many tax benefits, cash flow, and property maintenance issues, and market conditions to consider. Call Southern … Continued

How To Determine The Value of Your Land In

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When you are ready to sell in , Maryland, how do you determine the value of your land? Use These Three Methods The traditional real estate appraisal process has three common approaches. The first approach is called the Income approach. The appraiser will look at the market rent for other comparable properties to get a … Continued

How an iBuyer Compares To A Local Home Buyer in

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iBuyers are a relatively new option when it comes to selling your home. They provide a quick option if you need to sell as soon as possible, but they are not the only option. There are still traditional local home buyers in , Maryland that are financed and able to purchase your home. How does … Continued

What To Do With Your Unwanted Inherited Property In

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A very popular item that is inherited and frequently unwanted is real estate property. When family members or close friends pass on, they will their property holdings to their next of kin or people who meant a lot to them. This leaves you, the recipient, responsible for property upkeep, possible landlord duties, property taxes and … Continued