Q: I've found a deal, and it's a deal that helps me meet my long term goal. NOW can you tell me how to evaluate it?
A: If you know what your long term objectives are, and the deal helps you meet them, then the next step is to gather some information about the property. Here in Maryland you can use the Maryland Department of Assessments and Taxations Real Property Data Search. From this site you should get the following basic information about the property:
- Year built
- Number of Bedrooms
- Number of Bathrooms
- Finished Square Footage
- Lot size
Once you have this information, you can begin to find similar properties with similar amenities. Everyone knows about websites like zillow.com, domania.com and realtor.com, and you can use those sites to find properties for comparison. The two biggest problem with these sites is that the information is often not current or updated.
Another option is to sign up for a Listingbook account. Listingbook is the service that I use to keep my clients informed about properties on the market here in Maryland. The information is pulled from our local Multiple List Service every 15 minutes, and you can review homes that have sold, and even homes that are under contract. Listingbook is the only service in our area that provides this information to consumers online.
And of course, you are always welcome to call me. I can give you a thorough analysis of your property, and of comparable properties in the area including Seller Subsidies that may not be reflected in the research you are able to do yourself.
Clients always ask me: Are you on the web?
See for yourself.
Tim McIntyre, GRI, Ellicott City Realtor, Catonsville Realtor
Helping Clients Buy, Sell and Invest in
Howard County, Carroll County and Baltimore County
for more than 25 years.
tmcintyre@cbmove.com 410-480-3555
www.timsellshomes.com
