Are You a House Flipper? Take This FREE Class in Millersville, Maryland

Learn more about flipping houses the RIGHT way at tomorrow’s FREE Charter Title/Keller Williams Flagship class on the basics of financing investment properties.

There’s a lot more to “flipping” houses than most people realize. Unless you’re an all-cash buyer, one of the biggest hurdles to overcome is securing funding for your renovation project. If you’d like to learn more about the basics of financing for real estate investors, CHARTER TITLE and KELLER WILLIAMS FLAGSHIP OF MARYLAND are holding a FREE CLASS on the subject tomorrow, Feb. 3. The class will cover:

– finance options for investors;

– ideal property types;

– equity based loans;

– seller financing and seller second loans; and

– commercial financing options.

The class will be held in the Keller Williams Flagship office training room, 1111 Benfield Blvd., Suite 250, Millersville, Maryland, 21108. Class time is 10 am until 11:30 am, and light breakfast refreshments will be served.

 

For more information on the class, or on investment property purchases in general. contact Jerry Kline, Realtor, Keller Williams Flagship of Maryland, at (443) 924-7418.

 

Hope to see you there!

Sold in Odenton Maryland’s Lions Gate Neighborhood!

542 Greencrest Lane in Odenton Maryland

542 Greencrest Lane, located in the Lions Gate community of Odenton, Maryland, was recently sold by Jerry Kline, Realtor, Keller Williams Flagship of Maryland. The home sold in four days for $11,000 more than the asking price.

Congratulations to my seller clients, Jo Ann & Robert King, on the sale of their townhome in Odenton’s Lions Gate community, located five minutes south of Fort Meade, Maryland. The home, featuring three finished levels, a two-level deck and a quiet location in the back of the neighborhood, sold in four days for $11,000 more than the asking price. There were multiple bids submitted by interested parties.

Sold as a fixer-upper, the new owners will be replacing the carpet and appliances and repainting much of the interior. The home includes three good-sized bedrooms, two-and-a-half baths, a fenced yard and a stone patio.

Thanks for all your help and patience through the home sale process, Robert and Jo Ann!

If you or someone you know needs help buying or selling a home in the greater Annapolis/Baltimore/Washington, D.C. area, call Jerry Kline, realtor with Keller Williams Flagship of Maryland today! (443) 924-7418

A Look at New-Construction Townhomes in the Fort Meade, Maryland, Area

Nearly a Dozen New Townhome Communities Are Being Built Within Five Minutes of This Key Federal Intelligence Hub

Lennar’s new Boyer’s Ridge community, located less than five minutes from Fort Meade, Maryland, is one of nearly a dozen new-townhome communities in that quickly growing area.

Home buyers searching for new homes in the greater Fort Meade, Maryland, area have a wide array of properties to choose from at the moment. In terms of townhomes in the areas of Odenton, Severn and Hanover, there are nearly a dozen new-home construction communities underway, with several of the big national home builders fighting for market share.

In Severn, just east of Fort Meade and adjacent to the installation’s Rockenbach gate, there are four major new construction townhome communities being built. All are less than a five-minute drive from Fort Meade. They are:

Community	Built by	Price Range
Millstone Village	D.R. Horton	$302K – $404K
Boyer’s Ridge	Lennar	$308K – $404K
Jacob’s Forest	M/I Homes	$289K – $319K
Jacob’s Forest	Beazer	$292K – $334K
Arundel Forest	Toll Brothers	$435K – $500K

 

In Hanover, just north of Fort Meade, there’s also lots of new construction activity. The building boom there is being fueled by continued job growth at the Fort Meade installation as well as by the recently opened Maryland Live Casino at Hanover’s Arundel Mills Mall. The Hanover new-construction townhome communities include:

Community	Built by	Price Range
Park Side	Ryan Homes	$327K – $402K
Park Side	NV Homes	$399K – $422K
Oxford Square	Lennar	$400K – $461K
Enclave at Arundel Preserve	Toll Brothers	$417K – $447K

 

Several other new townhome communities also are being built around Fort Meade. Adjacent to Fort Meade to the south is Odenton, a very popular location for military and civilian employees working at the base. The Town Center Commons community, being built by Ryan Homes, is less than a mile from the base and sits on Maryland’s MARC commuter rail line. The Odenton MARC Station provides direct access to the Penn Line, a heavily used commuter line for workers and students travelling to Baltimore and Washington, D.C., each day. The MARC system connects directly to AMTRAK, providing easy train access to the entire northeastern U.S. corridor.

Finally, in Elkridge, Maryland, a few miles northwest of Fort Meade, Ryan Homes is building its Howard Square luxury townhome community. The community is located near the intersections of Interstate 95 (with direct access to Baltimore and Washington), Rt. 1 and Rt. 175. New townhomes in that community range from $309K to $393K.

Given the wide variety of new townhome choices in the greater Fort Meade, Maryland, area, home buyers are best served by a realtor familiar with these specific projects. Jerry Kline of Keller Williams Flagship of Maryland, based in Odenton, has helped many buyers compare and contrast these communities, builders, home models and amenities. Contact him today for more help choosing just the right home near Fort Meade.

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).

 

The Cliftons Complete Their Pasadena, Md., Home Purchase

Jerry Kline (left), realtor with Keller Williams Flagship of Maryland, celebrates with Alicia & Robert Clifton, following the purchase of their new home in Pasadena, Md.

Robert and Alicia Clifton completed the purchase of their new Pasadena, Md., home Dec. 22, just in time to move in for Christmas. The Cliftons relocated to the central Maryland area from Georgia to accommodate Robert’s new assignment with the Coast Guard.

Avid boating enthusiasts, the Cliftons selected a large single family home with a 3-acre wooded lot, just a stone’s throw from the water and a marina. Congratulations on your new home, Robert & Alicia, and thanks for allowing me to help you with the search and purchase!

If you know someone looking to buy or sell a home in the Baltimore/Washington/Annapolis area, call me at 443-924-7418. I’ll be glad to help!

Congratulations Sharon George on the Sale of Your Piney Orchard Condo!

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, celebrates with Sharon George, following the sale of her mother’s condo in the Piney Orchard section of Odenton, Md.

Sharon George needed help selling her mother’s condo in the Piney Orchard section of Odenton, Md. The ground floor unit in Chestnut Gable was bright, airy and completely renovated. Staged beautifully, priced right and effectively marketed, the home sold very quickly. Thanks, Sharon, for all your good humor and teamwork!

Do you know someone thinking of buying or selling a home in the greater central Maryland area? Have them give me a call on my direct line (443) 924-7418. I’d be glad to help them any way I can!

Jerry Kline Named Keller Williams Odenton Agent of the Month for November

Jerry Kline (right), Realtor with Keller Williams Flagship of Maryland, receives the Odenton Agent of the Month Award for November 2014 from Keller Williams Associate Broker Robert Wakefield.

Many thanks to my buyer and seller clients who closed their real estate transactions in November — among them Randy Barth, Mike & Melissa Fletcher, and David & Isabella White. All of you could have chosen any real estate agent out there, and I very much appreciate the trust you put in me to get your goals accomplished. Thanks, also, to all of the agents in the Keller Williams Odenton office. You’re all great friends and you’re always there when I need help!

Odenton, Md., Home Prices, Sales Slumped in November

Number of Homes Sold Dropped 29 Percent; Median Prices Down 8 Percent

November brought a steep drop in temperatures to Odenton and nearby Ft. Meade, Md., and along with the cold weather came a corresponding chill in the local real estate market.

Year-over-year housing numbers show that fewer homes sold in Odenton in November 2014 than in the previous November. Average home prices here dropped and homes took longer to sell.

Median home prices in zip code 21113 dropped 8 percent, from $305,000 to $280,000. The number of homes that were sold fell 29 percent, from 38 to 27. And the average number of days those homes stayed on the market rose 18 percent, from 45 days to 53 days.

Last month also saw a 20 percent jump in the total number of homes listed for sale in Odenton compared to the previous November (147 homes versus 122 homes).

The number of detached single family homes sold in Odenton took the biggest hit, dropping 53 percent, from 15 homes to seven. Similarly, the median sale price of those homes plunged 36 percent from the same time last year.

Attached homes, which include townhomes, condominiums and duplexes, fared a little better by comparison. Average prices of attached homes sold in Odenton dropped 4 percent over the previous year, while the number of attached units sold dropped from 23 to 20.

The housing data was issued by RealEstate Business Intelligence.

 

Jerry Kline is a Realtor with the Odenton, Md., office of Keller Williams Flagship Realty (1216 Annapolis Rd., Odenton.) For more information on the local real estate market, contact him at (443) 924-7418 or JerryKline@kw.com, or visit his blog (www.JerryKlineRealtor.wordpress.com) or website (www.JerryKline.kwrealty.com).

Randy Barth Closes the Sale of His ‘Flip’ Property

Jerry Kline, left, Realtor with Keller Williams Flagship of Maryland, appears with Randy Barth, after closing the sale of Randy’s “flip” property in Baltimore. Among other marketing efforts, Jerry included the property in Live Baltimore’s “Buying Into Baltimore” homebuyer assistance event, held twice a year in the city.

Randy Barth has helped flip more than 30 residential properties in the greater Baltimore area over the last few years. After purchasing a 1924 duplex in Baltimore’s Forest Park neighborhood for $21,000, he recently completed a massive renovation of the home and sold the property for $125,000. Randy enlisted me to sell the home.

Interestingly, to help boost market exposure of the property, I was able to get the home included in Live Baltimore’s “Buying Into Baltimore” program (http://livebaltimore.com/events/details/buying-into-baltimore/#.VHiKv_10z5o). As a result, more than 50 qualified homebuyers were able to tour the home during the program’s open-house bus tour on Sept. 27. The buyer found the house during that tour.

Do you have an interest in buying and “flipping” residential investment properties? Are you a first-time homebuyer in need of financial assistance for a Baltimore-area home? Call me, and I’ll be glad to help you with your real estate need.

Again, congratulations Randy on your home sale, and thanks for choosing me as your listing agent!

Congratulations David & Isabella on Your New Tanyard Springs Lennar Home!

Jerry Kline, right, realtor with Keller Williams Flagship of Maryland, celebrates with David and Isabella White, following the purchase of their new-construction Lennar home.

David and Isabella White and their four young children faced a daunting move from Florida to accommodate David’s new job at Ft. Meade, Md. Not knowing where to turn for help, they enlisted me as their buyers agent earlier this year. We spent time visiting a wide variety of properties in the greater Anne Arundel County area. In the end, David and Isabella settled on a Lennar new-construction home in the Glen Burnie community of Tanyard Springs.

We were able to get the Whites a fully upgraded, quick move-in Patriot single-family model for an incredibly low price. Tons of closing help from the builder, too!

If you know someone moving to the central Maryland area and needs help finding a place to live, have them give me a call. I’d be happy to help them, too!

Sold in 4 Days!

Mike Fletcher, left, and Jerry Kline, Realtor with Keller Williams Flagship of Maryland, celebrate the sale of Mike’s home in Huntingtown, Md.

Thanks, Mike Fletcher, for engaging me to help you sell 3551 Fortuna Ct. in Huntingtown. Now, we’re off to find you a new place!