BUYING A HOME IN A WEAK MARKET, MAKING SENSE for MARYLAND HOME BUYERS

BUYING UP IN A WEAK MARKET vs. BUYING UP IN A STRONG MARKET, Making Sense for Maryland Home Buyers
Calculation of Buying Up in a Weak Market in Maryland, Baltimore, Harford and Cecil County
Compared to Buying Up in a Strong Market in Maryland, Baltimore, Harford and Cecil County
First - Moving Up in a Weak Market
Sale Price of Current Home Sale Price of Future Home
$400,000. $600,000.
The difference between the two properties is $200,000.
Moving Up in a Strong Market
This example assumes a price increase of 10%. Prices have increased at rates as high as 24% annually in our market. The market area average annual increase over the last 30 years is 6.9%.
Sale Price of Current Home Sale Price of Future Home
$440,000. $660,000.
The difference in price between the two properties is $220,000.
In this example it costs an individual $20,000 more to move up in a strong market than it does in a weak market.
Real Estate markets fluctuate daily in Maryland just as all economic markets do. The time for a buyer to get the best terms is when the seller is not experiencing much interest. The time to buy is when no one else is. Experienced investors know that.
Rates are very low now. Changing Rates can change the picture a lot.
Interest rates play a part in the cost of home buying as well.
On a purchase of $600,000. with a 10% down payment and a mortgage of $540,000. on a 30 year fixed rate mortgage the principal and interest payment would be:
At 7% $3,593.
At 6.5% $3,413.
At 6% $3,238.
At 5.5% $3,066.
At 5% $2,899.
For example, the difference between a payment at 6% and a payment at 6.5% costs $175. a month or $2100 a year!
The monthly payment at 6.5% (for example) on the extra $20,000 one might have spent in a strong market would be $126. more a month than what might have been paid in a weak market. This is $1512. a year!
The conclusion is that it is better to buy in a weak market and it is even more advantageous to buy when rates are low. Both of those conditions exist right now.

You can become a VIP Buyer and Beat Other Buyers to Hot New Listings in Maryland, Baltimore, Harford County, Cecil County Homes. How To Receive Daily Emails or Printouts of ALL New Listings That Match Your Home Buying Criteria Sent to You FREE of Charge Without Obligation. We will mail/e-mail you new listings (complete with pictures) of ALL MLS properties that match your home buying criteria. Our exclusive Buyer Profile System allows you to pick which homes in Maryland you want to view before other buyers even know about them. As a VIP buyer: You get weekly updates of all new home listings that match your criteria FREE of charge. You get first pick of homes that interest you and the ability to beat other buyers to an offer. Because you're there first, before most other buyers, we are able to negotiate the lowest possible price for you. Most importantly your time isn't wasted viewing homes that don't interest you.

Get a Back Stage Pass and Become a VIP Member! Login and Access the Most Useful Information on Buying or Selling a Home in Maryland, Harford County, Baltimore County, City and Cecil County. Right now, you can take your first-step in educating yourself on Home Buying, Selling and Auctioning. Start exploring the real estate landscape and instantly access our exclusive, rich-media library of special reports and resources. You can also personalize our VIP site according to your needs and wants. Just enter your profile information once you are logged in and instantly access the real estate information that matches your profile.
We are confidant that our VIP site will empower you with the knowledge to make the most educated and profitable home buying and selling decisions using Long and Foster Real Estate, Inc.

MARYLAND AUCTIONEERS, AUCTIONS and REAL ESTATE SALES in BALTIMORE, HARFORD COUNTY

MARYLAND AUCTIONEERS, AUCTIONS and TOP REAL ESTATE AUCTIONS in BALTIMORE

YOU WANT TO MAKE THE RIGHT DECISION! Making the decision to auction your Home or Real Estate can be stressful. Making the decision of HOW to Auction your Real Estate can be confusing and stressful. The decision you make can impact the return you receive on your invested dollars in several important ways. At Advantage Real Estate Auction Sales we realize what an important business decision this is for you. We have been there!

At Advantage Real Estate Auction Sales, our buyers have confidence that an auction conducted by Advantage is as advertised, the property will be sold, and buyers are not wasting their time and incurring unnecessary expenses. Therefore, Advantage auction attracts more qualified buyers.

WE ARE MARYLAND AUCTIONEERS. Other Auctioneers in Maryland are A.J. Billig, Alex Cooper, Express Auctions, Charles Parrish with Auction Brokers.

What are the benefits of selling by Public Auction?

• Sell in about 30 days or less
The more expensive or unique a property in Maryland is, the longer it typically takes to sell your property using ordinary methods.This is due to an often limited market for these properties. Having a specified date on which you intend to sell creates a sense of urgency with potential buyers, and helps to speed up the entire sales process. REALTORS can be very helpful in marketing your property by traditional methods....auctions motivate!

• Get maximum exposure by using the Auction Method
By compressing the sales period, we can carry out a more aggressive marketing strategy, providing maximum visibility for your property. In addition, we can tailor our campaign to reach the target market most likely to be interested in your property.

• Get a fair market price at Auction
A Real Estate Auction eliminates pricing problems because it establishes the real market price that day for the property under the auction terms of sale.

• Gives you control over the sales process
You set the date and time of the sale, the terms and conditions such as earnest money deposits, closing time frames, and more. Because potential buyers know you are committed to sell on a specific date, they do their homework in advance and show up prepared to bid, freeing you from the hassle of dealing with insincere offers, prospects, and contract contingencies.

• Eliminate the cost of carrying your property in Maryland
A property that remains on the market for an extended period can become a serious drain on the owner and the owner's equity. Mortgage payments, maintenance, taxes and insurance can add up to thousands of dollars a month for some properties. An Advantage Auction in Maryland helps you eliminate those costs that erode your equity, and will often net you the highest price possible.

• Reach the broadest possible universe of qualified bidders in Maryland
Our experienced marketing staff at Advantage Real Estate Auction Sales, LLC. knows how to put together the right combination of advertising (local, regional, national and international, depending on your needs), direct mail (using our proprietary database of extensive prospective buyers), public relations and direct sales efforts to bring your property to the attention of qualified prospects wherever they may be.

If you have questions, feel free to email Robert McArtor, info@harfordadvantage.com or call 410-879-0622

Ethics:
At Advantage Real Estate Auction Sales, our buyers have confidence that an auction conducted by our Team is as advertised, the property will be sold, and buyers are not wasting their time and incurring unnecessary expenses. Therefore, Advantage auction attracts more qualified buyers.There are some companies in our industry that do not recognize the same responsibility and as a result, they cannot provide the same group of qualified buyers or the largest possible group of qualified buyers that an Advantage auction can provide.Such practices by some competitors may include such unethical or illegal practices of advertising an auction as absolute, meaning the property will sell without reserve, when in reality the auction company and seller have an agreement to cancel the auction or withdraw the property from the auction if some predetermined opening bid is not received.We support the industry's standards of not engaging in such practices. As a result, Advantage buyers act with confidence and you, the seller, receives maximum benefit of your marketing dollars by having more bidders on auction day.

REAL ESTATE AUCTIONS, AUCTIONEERS in HARFORD COUNTY, BALTIMORE, MARYLAND

REAL ESTATE AUCTIONS, AUCTIONEERS in MARYLAND, BALTIMORE
Advantages For Sellers Using Robert B. McArtor in Maryland, Harford County, Baltimore

WHEN IT IS TIME TO SELL...YOU WANT TO MAKE THE RIGHT DECISION! Making the decision to Auction your Home or Real Estate can be stressful. There are many companies you can choose from such as A.J. Billig, Alex Cooper Auctioneers, Harvey West Auctioneers, Express Auctioneers, Auction Brokers and others.

Advantage Real Estate Auctioneers is the only company however to offer FREE Visual Panoramic Tours On-Line to assist a Bidder determining whether they will attend the Auction.

Robert B. McArtor has also made an aggressive sales performance guarantee, "Your Home SOLD by Public Auction ow We Pay You $1,000 CASH"

Making the decision of HOW to sell your Real Estate can be confusing and stressful. The decision you make can impact the return you receive on your invested dollars in several important ways. At Advantage Real Estate Auction Sales we realize what an important business decision this is for you. We have been there!

FOUR METHODS OF SELLING YOUR HOME IN BALTIMORE, MARYLAND, HARFORD COUNTY, Cecil County

"BROKERED LISTING" You list the property with your local real estate office. Listing can be time-consuming and inconvenient. Unscheduled and unplanned for showings, requiring that the property be in a constant state of model home preparedness. Unqualified buyers who just want to see how you live. Closing dates are up in the air because you don't know when it will sell. Negotiations can drag out while the buyer tries to wait you out. The buyer is usually in control.

"FOR SALE BY OWNER" You prepare the property. You write the ad, you have photographs done, you design the ad, you have the film made, you place the ads at retail cost, you take the calls, you try to pre-qualify the calls, you send out information, you follow-up, you try to schedule the appointments, you show the property. You wait. You place more ads. The Buyer is always in control.

"INVESTOR SALE" Either through brokered sale or "For Sale by Owner" you choose to discount the property heavily and sell to an investor. This method can cut carrying costs and significantly reduce the selling time.

"AUCTION SALE" IN MARYLAND, HARFORD COUNTY, BALTIMORE"The Auction method is enjoyed by thousands of homesellers each year who watch their properties professionally marketed both locally and regionally, eliminating the frustrations of the other selling methods and retaining the benefits.

REALTORS, AGENTS, RELOCATING to APG and BRAC RELOCATION SPECIALISTS

ABERDEEN REALTORS, AGENTS, RELOCATING to APG and BRAC SPECIALISTS, HARFORD COUNTY
RELOCATING TO ABERDEEN, APG and BRAC RELOCATION SPECIALISTS, REALTORS, REAL ESTATE AGENTS
Aberdeen is home to the U.S. Army's Aberdeen Proving Ground (APG). The proving ground was established by Act of Congress and came into operation in January 1918. The proving ground occupies more than 72,500 acres in Harford County. More than 7,500 civilians and 5,000 military personnel work at APG. Because of BRAC, Robert McArtor and his Auction and Real Estate Staff have been busy with helping civilians relocate to the Maryland, Harford County, Cecil County, Baltimore Areas. Auctions have become a viable option when purchasing homes in these areas. Maryland HOMES Team with Long and Foster Real Estate, Inc. is proud to be of service to anyone affected by BRAC. If you are looking for a home in these areas, you can become one of our VIP Buyers are start receiving listings TODAY that match your home buying criteria.
Under the Base Realignment and Closure (BRAC) program announced in 2005, Aberdeen will see an influx of people relocating to the area. If you are interested in purchasing your next home through the auction method or simply looking for an Active property on the market. Robert B. McArtor and his team is here to assist you in your relocation needs.
If you are looking for an experience REALTOR, Real Estate Agent or Auctioneer serving the Baltimore, Harford County, Baltimore City and Cecil County Area, your search has ended. Whether you are Relocating to Maryland, Buying a Home, Selling a Home or considering the Auction Method of Marketing your property. Robert McArtor, REALTOR with Long and Foster Real Estate, Inc. and noted Licensed Auctioneer is here to serve you. Have your questions answered immediately by calling him direct. As a gift to you, please visit my REALTOR website and recieve FREE Reports on Buying and Selling a Home in Maryland.

MARYLAND NON-RESIDENT SELLER WITHHOLDING TAX, REAL ESTATE

CHANGES TO THE MARYLAND NON-RESIDENT SELLER WITHHOLDING TAX, REAL ESTATE
Please note upcoming changes to the Maryland Non-Resident Seller Withholding Tax and the Prince George's County Recordation Tax rates for 2008
Maryland Tax Rate Changes
The Maryland Non-Resident Withholding Tax Rate will increase from 6.75% to 7.5% for individuals. The new rate is effective with settlements taking place on or after July 1st. (The 8.25% rate for entities remains unchanged.)
Additionally, the Prince George's County Recordation Tax will increase from $4.40 per $1,000 of sales price to $5.00 per $1,000 effective with settlements taking place on or after July 5th. 2008
Information provided by Robert B. McArtor, REALTOR® with Long and Foster Real Estate, Inc. and a Licensed Real Estate Auctioneer owner of Advantage Real Estate Auction Sales, Inc. in Maryland serving all counties including Harford, Baltimore and Cecil County, City. If you are relocating to Maryland contact us today! 410-879-0622.

MARYLAND HOME SALES DROP 32%, NOW IS THE TIME TO BUY A HOME IN MARYLAND, BALTIMORE, HARFORD COUNTY

MARYLAND HOME SALES DROP 32%, NOW IS THE TIME TO BUY A HOME IN MARYLAND, BALTIMORE, HARFORD COUNTY

Home sales in Maryland have dropped 32% this year. Are you waiting for a better time to buy a home in Maryland, Baltimore, Harford or Cecil County? There are some fantastic mortgage programs out there. Let our experienced team assist you in the purchase or sale of your home in Maryland.
You can become a VIP Buyer and Beat Other Buyers to Hot New Listings in Maryland, Baltimore, Harford County, Cecil County Homes. How To Receive Daily Emails or Printouts of ALL New Listings That Match Your Home Buying Criteria Sent to You FREE of Charge Without Obligation. We will mail/e-mail you new listings (complete with pictures) of ALL MLS properties that match your home buying criteria. Our exclusive Buyer Profile System allows you to pick which homes in Maryland you want to view before other buyers even know about them. As a VIP buyer: You get weekly updates of all new home listings that match your criteria FREE of charge. You get first pick of homes that interest you and the ability to beat other buyers to an offer. Because you're there first, before most other buyers in Maryland, we are able to negotiate the lowest possible price for you. Most importantly your time isn't wasted viewing homes that don't interest you. The Auction Method of Selling is still a very viable way to liquidate an un-wanted property. We handle all types of Investment Properties by Auction and Traditional Sales through-out Baltimore City, County and Maryland
Get a Back Stage Pass and Become a VIP Member! Login and Access the Most Useful Information on Buying or Selling a Home in Maryland, Harford County, Baltimore County, City and Cecil County. Right now, you can take your first-step in educating yourself on Home Buying, Selling and Auctioning. Start exploring the real estate landscape and instantly access our exclusive, rich-media library of special reports and resources. You can also personalize our VIP site according to your needs and wants. Just enter your profile information once you are logged in and instantly access the real estate information that matches your profile. We are Maryland Real Estate Auctioneers.
We are confidant that our VIP site will empower you with the knowledge to make the most educated and profitable home buying and selling decisions using Long and Foster Real Estate, Inc. The right price for your property is the one set by a competitive market. There is no faster, more direct way to ascertain your property's value than with Robert B. McArtor, recognized REALTOR® with Long and Foster Real Estate, Inc. and Auctioneer. Our aggressive, customized marketing programs are specifically designed to attract the largest possible pool of qualified buyers. Through the competitive bidding process, buyers and sellers quickly learn what the market will pay for a property.

Call Robert B. McArtor now TOLL FREE 1-877-421-SOLD or Direct 443-392-4833

REALTORS® are taking a second look at the Auction Method

REALTORS® are taking a second look at the Auction Method

Robert B. McArtor, REALTOR® with Long and Foster Real Estate, Inc. and Noted Real Estate Auctioneer in Maryland has been working with and educating Real Estate Agents on the Auction Method of Marketing since 1991. “It was tough in the beginning”, Robert explains the early days, “Why would an agent want to turn a client over to an Auctioneer? Don’t they just sell antiques, cars and furniture?”.

According to the National Association of Auctioneers, Residential real estate auctions continue to be one of the fastest growing segments of the live auction industry with an estimated growth of 3.1% since the end of the second quarter. Total real estate revenues for 2006 include: Residential Real Estate ($16.0 billion), Commercial/Industrial ($15.0 billion), and Land/Agricultural ($25.3 billion).

Now with a changing market, Auctions have become a popular method among aggressive sellers to sell their property. “This is certainly a win-win situation for everyone involved……Sellers need to sell their house, Agents want a commission, the Auctioneer utilizes the Auction Method to market the property and the entire process ends at the settlement table in less than 60 days.”

Robert McArtor has been Auctioning Real Estate since he was 21 years old. Now, at the age of 37, he is celebrating 16 years in the business and recently realized over $25 Million in sales in 2007 alone. “Between foreclosure auctions, home owner ordered sales, this has been a very busy year………we are expecting to see a tremendous rise in auctions through-out the Baltimore-Metro area.” Mr. McArtor says that more and more Sellers are frustrated with the lack of Buyers in the market place and are looking for a quick sale. With the Auction Method, the Seller can sell their home in “As-Is” condition with a non-contingent contract, eliminate high carrying costs and settle in as little as 30 days. “I love explaining the Auction Method to Realtors®. Once they have the knowledge, it’s simply a matter of suggesting an Auction to a qualified client”. Robert goes on to say, “The fact that I am also a REALTOR® and subscribe to a Strict Code of Ethics makes the Real Estate Practitioner and Client feel comfortable…..this is just an additional marketing tool the agent can use and get PAID to use it!”

Robert B. McArtor can be reached through his website, http://www.mdauctionsales.com/ or Directly at