Carlyn Lowery, Associate Broker, Lowery Home Team at eXp Realty, Annapolis and Anne Arundel County MD Real Estate

Fixing vacant abandoned neglected properties and improving neighborhoods

Around Halloween, vacant, scary houses are thrilling!  

For some people, including some of my real estate clients, these houses are thrilling not only in October, but all year round. 

If you know of a local neglected, abandoned, or vacant property ,in or around Annapolis and Anne Arundel County, Maryland, you can help improve our community. If you let me know about a property like this, then I may be able to get local investor to turn it around.  

If you share a physical address or name and phone number for an owner of an unwanted property, I’ll get to work on it right away.

House Hacking – How to Live Rent-Free

Are you renting a home, or do you have friends or family members who are?

Wouldn’t it be great to build wealth through real estate and maybe even live rent-free?

Lots of people are very cautious or just don’t know what they can do. Many people have student loan debt and they are working to pay it off, and they don’t have much money for a downpayment.

By putting in a bit of extra effort and being creative, it’s possible to save money by buying a home, and even cover your housing expenses. Even in a high-cost area like Annapolis and Anne Arundel County.

Scott Trench shared some great ideas in the Millenial Money blog article, titled “House Hacking | How to Live for Free”.  As Scott wrote:

House Hacking is having your cake, and eating it too. It’s a mix between buying a personal residence and investment property.

House hacking occurs when you buy a piece of investment real estate, live in one of the units or bedrooms, and rent out the others.

One of my clients recently did this, and she is thrilled to have her roommates helping to pay off her mortgage!

If you want to find out how she did it, and explore what you can do, let me know!

Real Estate Problems and Solutions in Anne Arundel County, Maryland

Most of my clients who listed this Spring have found buyers already.  

A couple are still seeking the right buyers, and people are actively shopping, so I expect to find their buyers soon. 

Inventory is low – we have more buyers than sellers active in the market right now. 

Who do you know who has a house that they don’t need or want, and yet they also don’t want to go through the hassle of staging for sale?

Maybe they have a lot of other things going on in life, and they just don’t have time to deal with this real estate problem. ​

A tired landlord, who has had enough of tenants and toilets?  

An accidental landlord, who just couldn’t sell for enough to pay off the mortgage?

Or someone who doesn’t want the house, yet really needs the income that they get from the rent, and can’t afford to have their cash sitting the bank earning just a fraction above zero percent, or gambling in the stock market.

And maybe they don’t have time or energy to stage the house to make it look like a model home, or like the ones on HGTV.​

Whoever comes to mind with a situation like this, I can help.  Please introduce us.  It’s not too late for them to sell this Spring!  I am working with buyers who are knowledgeable in renovations and property management, and we may be able to solve their problems.

And if you or someone you know is thinking of moving up to a more expensive home, maybe waterfront, maybe larger, it’s important that you know that, according to Mortgage News Daily, “Lower Rates Boost Jumbo Credit Access.”  Better terms are being offered for large loans, and lending standards are loosening.

Are you in your “forever home?”  If not, we have homes of all kinds!  It’s a great time to move, and either rent or sell the current place!  

I’m curious, what would your dream home be like?Happy Mother’s Day!

P.S. Considering a move? Please call for a confidential chat. Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Local web sites in and around Annapolis, Maryland

Lowery Home Team Moves to eXp Realty!

I’m excited to announce that I’ve moved my real estate business to another brokerage. 

My new company is eXp Realty. It was started and built by some of the best people in the industry, and it’s an exciting opportunity. The company now has over 6,000 agents in 46 states, DC, and Canada. More and more of the best agents in the business are moving over.

eXp Realty was just named a Best Place to Work in Glassdoor’s 2018 Employees’ Choice Awards.

This is an opportunity for me to better serve you and the people that you introduce to me, with access to great technology and people. And, it is an opportunity for great agents across the country to enhance their businesses.

If you’d like to know more, please call or write! I’d love to talk to you or anyone you know about the benefits of eXp Realty, and why I made the move.

This move just happened, and I am in the process of moving all of my business systems over to new and better platforms. Please accept my apologies for any glitches during the transition.

Sometimes it works best to talk. So don’t hesitate to call anytime! My direct number remains the same, 443-569-3977.

And if you’re in town, let’s get together for one of the many holiday events that’s happening  around Annapolis (like Midnight Madness this Thursday!)

P.S. Considering a move? Please call for a confidential chat. Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Should I list my house now or wait for the Spring?

It’s that time of year when people start wondering, “Should I list my house now or wait for the Spring?”

Here’s some info on the state of the market. Yesterday, Matthew Graham at Mortgage News Daily wrote in an article Mortgage Rates Recover After Flynn Headlines:

  • Mortgage rates were at their highest levels in roughly 1 month as of yesterday afternoon.
  • While rates remain low in absolute terms, they’ve moved higher in a more threatening way heading into the 4th quarter, relative to the stability and improvement seen earlier in 2017.

As you know, when rates go up, monthly payments get higher and people can’t afford as much house. It’s a sellers’ market in Anne Arundel County now – as of the end of last month we just had 3.2 months of inventory, way below the 5-year October average of 4.6 months. In about a week, the next month’s MLS statistics will be out, and I’ll get them to you.

If you’re thinking of moving, or you hear of someone who is, it’s a great time, so let’s talk sooner rather than later. All but one of my active listings have sold, and I’ll be in town for the holidays and ready to meet with people who have moving on their wish list.

P.S. Considering a move? Please call for a confidential chat. Your personal needs, wants, and finances are my priority and my passion and my specialties run from waterfront luxury estates to distressed properties.

Call me today for your Annapolis real estate needs, or for an introduction to a great real estate agent anywhere.

Carlyn Lowery, Associate Broker, eXp Realty, Annapolis Real Estate, Annapolis Waterfront Homes, Annapolis Luxury Homes, Anne Arundel County, Maryland, 443-569-3977 or 888-860-7369 x146

Here are some client reviews of Carlyn Lowery…

“Carlyn got us a quick sale above the asking price. She qualified prospects well, used a professional photographer for advertising photos, and provided expert advice during negotiations. Carlyn is what other Realtors aspire to be!”
– Paul Donnelly

“As first time home buyers, Carlyn Lowery was very attentive to our basic needs of walking us through each step of the home buying process from a novice standpoint. The long detailed list of items due at specific times from the start of the contract all the way through to the week of closing was greatly appreciated. It was great having an agent who took the time to clearly lay this all out for us. End result – a very smooth time at settlement. No surprises!”
– Ann Hannam

“We wanted a professional who would work with us to sell our home
quickly for a good price and protect our interests as sellers through the process.
Carlyn’s business acumen is her (and will be your) greatest asset.”
– Sue Bogard

“Carlyn was wonderful. She was organized, prepared, and knew the steps to take to sell our home quickly and used a wide array of marketing to get the job done. She gave great advice
during each of the phases, and in particular on the negotiation.”
– Michael Morgan

 

Questions? Call Carlyn Lowery today.

443-569-3977 – Direct
888-860-7369 x146 – Main Office
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