Ellicott City Maryland Real Estate News & Listings Presented By Keller Williams Select Realtors

9703 Narragansett Pkwy, College Park 20740

Mon, 26 Dec 2011 23:11:25 GMT

3 Bedroom 2 Full Bathroom Home in College Park. Close to 495,95,295, BW Parkway and Metro.

7822 Hanover Pkwy #201, Greenbelt 20770

Mon, 26 Dec 2011 22:55:01 GMT

Great 2 Bedroom 2 Bathroom Condo at Greenbriar in Convenient Greenbelt. This Condo has a "Den" off the Kitchen and Family Room and Could be used as a 3rd Bedroom, Great Fully Enclosed Balcony. Condo Fee Includes All Utilities Including: Electric,Water,Insurance,Pool Membership,Tennis Courts, Community Center and More!! Close to Metro, Rt. 495, 295, 50, 200 - Call with Any Questions.

4514 Taraley Ct SW, Ellicott City 21042

Mon, 05 Dec 2011 18:07:20 GMT

All Brick Home 6 Bed 4 Full 2 Half Baths, 3 Car Side Load Garage, Master/In Law Suite on Main Level, Hardwood Flooring,Gourmet Kitchen w/ Island, 2 WB FP's, Master Bed w/Sitting Room & Deck, Master Bath w/Jetted Tub, Walk in Closet, FF Basement w/ Bedroom/Playroom/Exercise Room, FP,Walk Out to Patio, Huge Deck for Entertaining, River Hill Schools, SEE PIC's

516 Beach Dr., Annapolis 21403

Mon, 05 Dec 2011 17:55:28 GMT

Spacious Contemporary Home in Sought After Hillsmere Estates. This Home Shows Like a Model - Some Water Views, Vaulted Ceilings, 2 Story Brick Fireplace, Huge Master Bedroom, Newly Remodeled Master Bath, 2 Car Rear Load Garage, Fenced in Yard. Community Offers Boat Ramps, Waterfront Playground and Pool. Close to Quiet Waters Park, Downtown Annapolis, Restaurants, Shopping.

11529 Montgomery Rd, Beltsville 20705

Sun, 20 Nov 2011 06:49:30 GMT

Welcome Home!!! HUGE Brick Well Taken Care of Home by the Original Owner, Updated Kitchen, Hardwood Floors, New Windows, Spacious Sunroom, 3 Fireplaces, Newer Roof, Built in Bookcase, Close to 95, 495, 295, 200. Not a Short Sale or REO.

10007 Vanderbuilt Cir, #4-6, Rockville 20850

Sun, 20 Nov 2011 06:36:23 GMT

Spacious 1st Floor 3 Bedroom, 2 Full Bathroom Condo in Decoverly. This Condo Features Hardwood Flooring, Fresh Paint, Remodeled Bathroom, Marble Flooring, Living Room with Gas Firplace, Washer & Dryer, Patio, Close to Pool and Tennis Courts, Easy Access to 270,370,200,495. Close to Shady Grove Metro.

13702 Autumn End Terrace, Laurel 20707

Sun, 13 Nov 2011 14:12:03 GMT

Former Hemingway Model Home – Featuring 4 Bedrooms, 3 Full Baths, 2 Car Garage, Huge Eat In Kitchen w/ Luxurious Granite Counters, 42” Cabinets, Stainless Steel Appliances, Spacious Great Room w/ Fireplace, Breakfast Room w/Walk Out to Patio. Huge Master Suite w/ Sitting Room, Walk in Closet, Separate Tub & Shower. Upper Level w/ 2nd Master Bedroom & Loft. Custom Paint, Drapes, Blinds, Private Lot in Cul-de-Sac Backs to Trees and Walking Path.Honored twice as “Best Active Adult Community In The Country,” includes the 13,500 sq. ft. Resort Club with grand room, activity rooms, fitness center, indoor & outdoor swimming, spa, tennis, gazebo, gardens and more.

8212 Cagle Rd, Fort Washington 20744

Sun, 30 Oct 2011 05:40:28 GMT

Large 3 Bedroom 3 Bathroom Home in Sought After River Bend. This Home has Open Floorplan, Vaulted Plank Wood Ceilings, Wood Burning Fireplace, Custom Bar, Deck and much more. Close to Potomac River, National Harbor, 495 - Call with any questions.

9534 Georgian Way, Owings Mills 21117

Sun, 30 Oct 2011 05:31:42 GMT

Brick Front Garage Townhome in Lyons Gate - 3 Finished Level, Spacious Living and Dining Room, Huge Eat In Kitchen, Owner Suite w/ Vaulted Ceilings, Walk in Closet, Seperate Shower & Jet Whirlpool, Fully Finished Walkout Lower Level with Gas Fireplace, Rough-In for Full Bath, Storage and Workshop Room, Close to 795 and 695.

ALS Fundraiser at Bistro Blanc October 26, 2011

Thu, 06 Oct 2011 21:08:00 GMT

Wine and Dine at Bistro Blanc to Fight ALS

As most of you know, my father-in-law lost his battle with ALS (Lou Gehrig's disease) last year. This progressive, fatal neuromuscular disease slowly robs the body of its ability to walk, speak, swallow, and breathe.

To increase awareness and raise money for ALS, I've again teamed up with Bistro Blanc Restaurant to host a fundraiser to support Team Bobby's Angels in the Walk to Defeat ALS.

Get Involved! Join us for happy hour and/or dinner on Wednesday, October 26 from 5 pm to close—Bistro Blanc will graciously donate 20% of all dining and bar sales to the ALS Association.

Event details include:

Bar specials: half price beer and $2 off wine and specialty cocktails
Amazing dinner creations from chef Marc Dixon: see sample menu
Raffle: enter to win an iPad™, an XBOX™, and dinner for two at Bistro Blanc

Reservations: Ask family, friends, and co-workers to secure dinner reservations in advance—limited space is available. Important: Please mention/indicate "Walk to Defeat ALS".

Extra Incentive: Earn a 15% discount on wines purchased by the case. The restaurant will donate an additional 10% on these sales.

Let's work together to spread awareness of the urgency to find treatments and a cure for ALS. I look forward to seeing you at Bistro Blanc on Wednesday, October 26!

Regards,
Frank Davis

Learn more about ALS, including recent advancements, from the ALS Association.

Bistro Blanc Restaurant • 3800 Ten Oaks Road • Glenelg, MD 21737

Custom Built Spectacular 4 Level Home

Sat, 25 Jun 2011 00:17:40 GMT

Tree Lined Drive Mark The Custom Built Spectacular 4 Level Home Situated on a Quiet 3.21 Acre 2-story Foyer w/Curved Staircase, Custom Kitchen w/ Island, Bar & Butler Pantry & Granite, Hardwoods Through-out, Lavish Master Bedroom with sitting room, Oversized Walk in Closet & Luxury Bath, Sports Bar w/ Custom Bar, Media Room, Exercise Room, In Law Suite, 2nd Kitchen in Basement, Walk Out Basement with 15' Ceilings to Patio & In-Ground Heated Pool w/Waterfall, 5 Fireplaces (3 Gas), House Generator, Central Vacuuming System, Entire House is Smart Wired, 4 Zone Heating and Cooling System, No Expense Spared or Detail Overlooked on this over 10,000 sq. ft Home!! This is a True one of a Kind Home.*SEE PICTURES & TOUR*

Keller Williams Red Day Baltimore

Wed, 05 May 2010 12:34:00 GMT

We at Keller Williams Select Realtors of Ellicott City have been blessed in many ways.

On Thursday, May 13th, we have an opportunity to give back to our community by participating in the planned activities for Keller Williams RED Day, our national day of giving back.

Keller Williams offices in Ellicott City, Columbia, Baltimore City and Baltimore County as well as several Lender offices have teamed up to assist Open Door Baltimore with their work of empowering individuals & families in the poorest neighborhoods of Baltimore.

Open Door Baltimore provides: food, clothing, counseling, employment training and assistance, as well as many other services by working with other not-for-profit services that also operate in East Baltimore.

Activities for the day will include assisting:

At an area Elementary School
At a local food pantry
At a thrift clothing distribution center,
Preparing the new expanded Open Door Baltimore (ODB) office space for occupancy,
Moving ODB office equipment and furniture to the new space,
Construction of expanded food pantry,
Setting up of computers,
Cleaning up around the community,
Sorting, organizing, and distributing the donated items,
Work on ODB promotional pieces and website, and MORE!

In addition to the activities on May 13, we have committed to collecting donations of

Food & Hygiene Items
New or Gently Used Work Clothes
School Supplies.

We will have a lot of volunteers, but we can always use more. What we REALLY need are donations of the items mentioned above. Keller Williams Select Realtors is located at 3290 N. Ridge Rd. Ellicott City, MD 21043 which is right next to the Wal Mart in Ellicott City.

We would love for you to make a donation when you are in the area.

If you have any questions, please email frank@thedavisteam.com.

Thanks and have a great day!

Ugly Changes to FHA Condominium Loans

Wed, 12 Aug 2009 21:43:00 GMT

Once again from our friends at M Point Mortgage:

HUD Condominium Approvals Effective with Cases Assigned 10/1/09

Loans with case numbers ordered on or after October 1, 2009, are subject to the new condominium procedures outlined by HUD in Mortgagee Letter 2009-19.

1. Spot Loan Condo Approvals are no longer allowed.

2. Any condominium that has not been approved by HUD 10/1/09 or later will require full condominium review and approval by HUD. Only exceptions: FHA to FHA streamline refinances or sale of a HUD REO by HUD’s Real Estate Owned Division. Even on approved projects lender will be required to certify that we have no knowledge of circumstances or conditions that might have an adverse effect on the project or cause a mortgage secured by a unit in the project to become delinquent.

3. Maximum FHA Concentration – HUD is limiting the number of FHA insured loans to 30% for any project. This is a very big change. Per HUD recent HUD conference call, the plan is for FHA Connection to be capable of monitoring. It is imperative that case numbers be ordered correctly with the correct project approval code. If the project is not at maximum concentration a case number will be assigned; if the project is at maximum concentration and not eligible for another FHA loan the case number will not be assigned and a message issued stating that. As loans are paid off within the project Connection will be updated by HUD “freeing up” units for new case assignments.

What is a Short Sale??

Thu, 12 Mar 2009 20:34:00 GMT

A short sale is a complex real estate transaction where the lenders agree to allow a homeowner to sell their property for less than the amount owed on the property. In other words, it is like a normal real estate sale, with a buyer and a seller, but in a short sale the contract between the buyer and the seller is subject to the third party approval of the lender(s) or mortgage servicer(s) of the outstanding loan(s). The reason the real estate transaction is subject to the third party approval of the lender is because in a short sale the lender must agree to write off or take a loss on the portion of a mortgage that is higher than the value of the home.

A short sale is a difficult residential real estate transaction to manage and get approved by the lender. It involves almost as much paperwork as it took to obtain the mortgage itself, and generally requires the homeowner to prove a financial hardship as to why the short sale should be approved. Not all lenders will accept short sales or to write off any portion of a mortgage. Often lenders are not satisfied with the payoff in the contract between the buyer and seller so there is much negotiation between the parties. The paperwork involved in a short sale is unique and each lender often has different procedures in place for handling short sales.

Should I Buy a Home Now?

Wed, 31 Dec 2008 18:00:00 GMT

I'm often asked if this is a good time to buy a home. Some clients are concerned that home prices may fall further than they have already. They are assuming that the best course of action is to wait for the bottom in the market and then buy. The problem with this approach is that you don't know where the bottom is until you see it in the rear view mirror, meaning until you've missed it!

Home prices are one factor in determining your cost of ownership, but so are interest rates and financing availability. Even though interest rates have gone up in the last six months, they are still near historic lows. Since your monthly mortgage payment is a combination of paying down your principal and paying the interest owed, if home prices come down a little further but interest rates go up, it could cost you even more to service a mortgage on an identical home!

While a home is a major investment, it is also the center of your personal life. It's important to live in a home that reflects your taste and values, yet is within your financial "comfort zone." To that end, it may be more important to lock in today's relatively low interest rates and low home prices, rather than to hope for a further break in prices in the future.

Please give me a call if I can be of any assistance in determining how much home you can afford in today's market.

New $7,500 Tax Credit for First Time Buyers

Wed, 31 Dec 2008 18:00:00 GMT

The Housing and Economic Recovery Act of 2008 was just signed by President Bush with some amazing benefits for first time homebuyers. Call everyone you know who wants to buy their first home (or who hasn't owned one in three years), this is too good to miss - it's a $7,500 tax CREDIT (not deduction but a credit).

If you have not owned a home in three years, you qualify as a first time home buyer. If you buy a home after April 9, 2008 and before July 1, 2009, you qualify for this credit. Call your friends who just bought a home since April 9th and tell them they may take $7,500 off their tax bill if they qualify. It has to be your principal residence, so rentals do not count.

The tax credit is 10% of the cost of the home, up to a maximum of $7,500. This is not an additional deduction that lowers the amount of income to be taxed, it is a tax credit. In other words, you take $7,500 off your tax bill. But there is a catch; the credit you receive now is actually an interest-free loan that must be repaid.

The loan has no interest, and will be paid back over 15 years. You get the credit on your 2008 taxes, but you start paying it back on your 2010 taxes that are due in 2011, so you get at least two years without a payment. You pay back 6.67% of the credit each year, so for a $7,500 credit the payment is $502.50 per year. If you stay put for 15 years, you pay it off with no interest.

What happens if you sell the house? You pay the balance back at the closing. So, you get $7,500 now, and pay the rest of it back if you make money on the sale of your house. What happens if you do not make enough money when you sell your house? They forgive the rest of the debt.

Other restrictions stipulate that you have to buy your first house in three years before July 1, 2009, not have super high income, not use bond financing and buy anywhere in the US.

If you'd like to learn more about this program, please call me!