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  • 12/11/2020 - Suzie Coronel 0 Comments
    610 S Eaton of Brewers Hill w/ PARKING

    ***OPEN HOUSE this Saturday Dec 12th from 1-3pm***

    It has been quit the year in the Baltimore City real estate market during COVID. The supply of available homes  is been down, interest rates are so low, and people are looking to buy homes! 

    It has been my experience that when dealing with buyers in the Baltimore City market there are a few different types:
    1. There are buyers that are $450k+ looking for all the bells and whistles, brand new renovation, CHAP credits, fabulous finishes throughout, etc. 
    2. There are buyers that need to stay in the 300k’s. These homes where full renovations at some point but just not recently. They are slightly dated but still offer the features that have always been high on the list of Baltimore City home buyers. 
    3. There are investors that look for the most dilapidated homes they can find typically well under 200k. 
    4. But there is another buyer out there. This buyer is immensely popular but has not had much luck this year. This buyer is looking for a house that is completely livable, could use some small updates but not necessarily right away. They all want 2 full baths, 3 finished levels, and parking! These buyers are usually needing to stay under 300k but would be thrilled at 250k. 

    610 S Eaton Street, Baltimore, MD 21224 is located just east of Canton, in the Baltimore City neighborhood of Brewers Hill. Brewers Hill is popular because it sits south of Eastern Ave and is typically more affordable than true Canton.

    610 S Eaton St is the perfect house for the type #4 buyer!
    – Hardwood floors throughout.
    – Home is just over 13′ wide.
    – 2 bedrooms upstairs w/ 2 full baths. 
    – Front bedroom is a true master with a connecting private full bath.
    – Kitchen is large and has a ton of cabinet/storage, stainless appliances,
    and granite counters. 
    – Kitchen has space for a table the sellers has a lovely island that she preferred
    for that space since there is also a true dining area. 
    – Basement is partially finished with bedroom in the front with large
    window. 
    – Basement as a “flush”, laundry and storage as well as a back door
    egress. 

    Priced at $274,900 this cold very well be the best bang for your buck in the area. Check out the photos and vitual tour below.

    If you are in the market for an affordable home with great space, nicely done kitchen, 3 bedrooms, 2 full baths, and PARKING…let me give you a private tour! Contact Suzie Coronel

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  • 12/11/2020 - Suzie Coronel 0 Comments
    1417 Patapsco – The best deal in Federal Hill under 300k!

    ***UPDATE 12/2/2020***
    COME SEE THE HOUSE FOR YOURSELF AT THE OPEN HOUSE THIS SATURDAY FROM 1-3PM (DEC. 5, 2020)

    If you are looking in the Federal Hill area for real estate, chances are you enjoy all the bars and restaurants local to the area. You like the walkable town from the harbor’s edge to Fort McHenry. And you definitely like avoiding the tolls! 

    In Federal Hill, livable homes range from about 225k up over 1 million. No matter what your price range is, when looking to purchase a home in the popular Baltimore City markets, most every buyer wants 2 full baths, a finished basement, a roof deck, and PARKING!

    1417 Patapsco St, Baltimore, MD 21230 is listed at 299k and checks all the boxes for most first-time homebuyers. The house is about 2 city blocks from the newly renovated Cross Street Market.
    This property offers city views from the roof deck. You will park with ease in the wide parking pad. This home has hardwood floors on the main and upper level. Exposed brick in the living room shows off the open floor plan with space for a separate dining area, a large kitchen, 1/2 bath and laundry on main level. Upstairs has 2 large bedrooms and a full bath. The 2nd level also has access to a two-tier deck that goes onto the roof. The completely finished basement can also be a 3rd bedroom or great office space. It’s complete with a 2nd full bath. And there’s PARKING! With the wide open alley way pulling into this parking pad is a breeze! Home was just professionally cleaned and painted from top to bottom.

    Since this house has 3 finished levels of space, it’s great for roommates or a couple that has to work from home together. Check out a few of the highlights:

    If you’d like to set up a private tour, please contact Suzie Coronel. But for an at home virtual tour of 1417 Patapsco, see below. 

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  • 12/11/2020 - Suzie Coronel 0 Comments
    602 S Potomac – Brand New CHAP Renovation in Canton, MD

    ***OPEN HOUSE*** This Saturday 10/24 from 12-2pm

    Sitting one block from the 137-acre Patterson Park, on the corner of Fleet Street is 602 S Potomac Street. This is Canton’s newest full CHAP tax credit renovation. The renovation features all the amenities and finishes most buyers are looking for. The home is wide, and the floor plan is open. The hardwood floors go all the way thru and the exposed brick turned out lovely.

    The large kitchen has a huge kitchen island with ledge for seating, stainless appliances, quartz counters, a tiled back splash, 2 tone cabinetry, and reclaimed wood shelving to accent the far wall. Pendant lights highlight the island and recessed fixtures light up the kitchen for easy workspace. Hard to find a kitchen in a city row home with this much space! 

    Let me take you to the upper level. The master suite sits at the back for the house and wait until you see this mast bath! It is a showstopper. Top of the line tiles, frameless glass and barn house style finishes really set this bath apart from others. At the front is the send bedroom with a hallway bathroom. Access to the roof deck is in this hallway. Correct, no more walking through a bedroom to get to your outdoor public space. 

    Underneath all of this is a large, finished basement. The high ceilings and natural light make this basement feel like just an added level of space. There are 2 more full bedrooms compete with windows and closets. The 3rd full bath is also down there for the bedrooms to share. 

    The exterior of this home is just as visually pleasing as the interior. The facade was hand painted, the rear has a parking pad, and the roof has a large deck with fantastic park and city views.

    Seeing this home all together in person is the best way to view. Below is a quick virtual tour but there will also be an open house this Saturday, October 24th from 12-2pm. Come on by!  

     

     

    If you are looking for more info or would like a private tour, please contact Suzie Coronel

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  • 09/21/2020 - Suzie Coronel 0 Comments
    What has COVID done to the Maryland real estate market? Part 3

    Yes, the COVID-19 epidemic is still upon us. Face masks are still mandatory in most places. Clorox-brand disinfectant wipes are tough to come by. Restaurants are still seating outside. AND the number of active homes for sale is still down. 

    Previously, Part 1 of this Covid-19 blog series detailed COVID’s early impact on the Maryland real estate market and how agents adjusted operations as essential workers in the new environment. Part 2 of the COVID real estate impact blog series, highlighted new obstacles involved in the transactions for both buyers and sellers. This piece focuses sharply on the ever-important supply side of the Maryland real estate market, and the subsequent pull this is having on the demand side.

    The Maryland residential real estate market is still very active. While inventory is tight, it is being met with one of the most robust and active buyer sets I’ve seen. Take it from me, if you speak to a Realtor, chances are they have never worked harder and around the clock. It seems that no matter where you are looking, city or county, everyone is dealing with multiple offer situations

    Don’t take my word for it, the details are in the data. Below you will find six graphs of the Maryland counties that I work most frequently (alphabetically ordered):
    Anne Arundel County, Baltimore City, Baltimore County, Carroll County, Harford County, and Howard County.

    Each graph depicts the number of active homes on the market for a given month in 2020 compared to the same period in 2019. The gold bars represent the number of active homes in 2019 and the blue represents 2020’s numbers. 

    *example: There were 2,245 active listings in Anne Arundel County August 2019. In August 2020 there were 934 active listings! 

    These graphs are a powerful visual of the epidemic’s impact to supply of available real estate throughout Maryland. What these numbers also demonstrate is, while the world is starting to open back up, the supply is still lagging far behind the amount of activity from the same period last year.

     Maryland Real Estate Market in Covid-19

    People always ask me, "What is it like? Is this a good market?" The resounding answer right now is yes, the market is fantastic for sellers. Sellers are getting great money for their homes. But what about the buyers? I am closing deals this summer when my buyers are locking in 2.25%-2.5% interest rates, 30-year fixed! 

    I hope you found this as fasinating as I did. If you are looking to sell or purchase, let me work this complex, yet rewarding real estate market for you! Feel confident with a full time Maryland Realtor that understands this markete, contact Suzie Coronel.

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  • 07/29/2020 - Suzie Coronel 0 Comments
    What has COVID done to the Maryland real estate market? PART 2

    In my previous blog post, I provided insights on COVID’s impact on the MD real estate market. In follow-up piece, I will briefly explain the new and ongoing issues associated with real estate transactions, as well as new developments happening in the MD real estate market due to COVID.

    It is clear that no one can predict the end of COVID. As the year progresses, Realtors are constantly tweaking typical practices. Below you will find 2 properties that were listed by agents for almost 150 days BEFORE COVID hit. I took the listings and got them under contract, quickly, and during COVID. This is a proof that not all agents are equal. The second quarter officially ended June 30, 2020 and will go down as one all of us full-time Realtors will never forget.

    Visitors to my website can find the typical selling process and the typical buying process; which is where I deirect most of my new clients. However, sellers and buyers will always be in different situations, so from there I conform a plan to fit each situation.  The image on this post highlights my transactions that started at the beginning of COVID, April 2020, and closed by June 2020. Not one transaction was "typical". Below you will see a quick review of the obstacles each transaction had.

    1. Detached home in Essex, Balt County, DOM (Days On Market) 7
      The previous agent had this listing on 10/30/2019. She had it listed for 146 days. I was hired to take on the listing 4/25/2020 and put it under contract in 7 days.
      – Buyer’s agent didn’t feel comfortable showing homes to buyers during COVID, so I showed it to them for her. Buyers were from NYC during the height of COVID.
      – Home appraised for $5000 under the purchase price. Appraiser used comps from 2019 and said that our market was no different from last year. I argued the appraisal. I lost. I filed a competency complaint to the commission.
    2. Row Home in Patterson Park, Balti City, DOM 66
      – Seller occupied the home, some buyers and Realtors weren’t wanting to go into an occupied house because of COVID
      – Buyer was a (FTHB) first time homebuyer with a very protective father.
      – Buyer’s agent was fairly new.
    3. Condo in New Market, Frederick County, DOM 24
      – Sellers bought this in Dec 2019, new construction. Life happens and we listed it not even 3 months into them owning it.
      – It was attracting older buyers looking to downsize. I was sure to market that the condo was in fact clean and vacant to help buyers feel more comfortable seeing properties during COVID
    4. Row Home in Patterson Park, Balt City, DOM 1
      – Home appraised for $5000 under the purchase price. Appraiser used comps from 2019 with completely different amenities and said that our market was "in balance" in reference to supply and demand. I argued the appraisal. I lost. Competency complaint is in the works.
      – The buyer, the buyer’s agent, and the lender backed my argument. A great example of working with great professionals.
    5. Row Home in Canton, Balt City, DOM 23
      – Seller was moving out of state for a new position in the medical field.
      – Buyer was furloughed but starting back to work Aug 1st. (lending nightmare)
    6. Detached home in Glen Burine, Anne Arundel County, DOM 4
      – We 70 showings in 2 days.
      – Since COVID, Realtors can’t book showings that overlap other showings. Trying get everyone through without overlapping was tough.
    7. Row Home in Federal Hill, Balt City, DOM 10
      – Probably one of the smoothest settlements of the quarter!
      – Great agent, buy, and seller
    8. Row Home in Canton, Balt City, DOM 8
      – Home had been vandalized while under contract. That contract was released.
      – The new buyer is gutting it for a CHAP renovation.
    9. Row Home in Canton, Balt City, DOM 39
      – Buyers came from out of state. Their agent used FaceTime to show them the house. The day of settlement was the first the buyers had seen the house.
      – Contract was contingent on the buyers selling a home in Denver, CO
      – So much could have gone wrong, but with strong agents on all sides (even in CO), all went as planned.
    10. Detached Home in Bel Air, Harford County, DOM 15
      – Home went under contract within the first week. Buyer’s backed out.
      – Home goes back on the market and under contract within a week.
      – Part of the appraisal required a power line to be removed. BGE went out and labeled whose line was who’s. Comcast was also quick on going out. But Verizon…. which was the line that need to go, wouldn’t go out because of COVID. Nightmare! 

    There should have been 2 more properties highlighted but both settlements got pushed into July.
    Pushed settlement #1` – Detached Home in Overlea, Balt City, DOM 25
    The previous agent had this listing on 11/01/2019. She had it listed for 148 days. I was hired to take on the listing 4/25/2020 and put it under contract in 25 days.
    – VA financing
    – Buyer isn’t able to sign or send docs online
    – Buyer’s agent isn’t full time
    – This settled in July (3rd quarter)

    Pushed settlement #2` – Detached Home in Glen Burnie, Anne Arundel County, DOM 8
    – VA financing w/ Navy Federal, never again will I suggest a seller take a contract with Navy Federal financing. 
    – Buyer is ACTIVE military and transfer to MD was hauled due to COVID
    – This was supposed to settle in April! This settled 7/13/2020 (3rd quarter)

    Whether you are a BUYER or a SELLER, choose a Realtor that is getting results

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  • 07/01/2020 - Suzie Coronel 0 Comments
    What has COVID done to the Maryland real estate market? part1

    Insights from a top real estate agent in Baltimore, MD

    While I cannot speak to the science behind this Covid-19 or what impact the virus had, and continues to have, on stock markets and other industries, I can speak to the Maryland real estate market that I am activity involved in. 

    March is historically the very beginning of the spring market in Maryland real estate. This is typically the busiest season/quarter of the year. At the beginning of COVID, my real estate business continued per usual – sellers were listing and buyers were out looking. Towards the end of March and the beginning of April, the governor initiated restrictions impacting a majority of the state’s population. "Essential" became a buzz word, with Maryland Governor Hogan declaring Realtors "essential workers." However, this gray area left many real estate agents across Maryland unclear of what we could do and not do. Could MD buyer clients view homes in person? Do "high risk" MD sellers take their homes off the market?

    Maryland Real Estate Agent’s Response to Covid

    What did real estate agents across Maryland do? All of the above. Some agents suggested sellers pull their listings. Some agents limited showings to "virtual tours." Some agents felt it was unsafe to show their buyer-client properties. Some suggested to hold off until we knew more about the pandemic.

    It’s important to acknowledge every real estate agent’s situation is different, and that needs to be taken into consideration.  I reached out to other Realtors that I respect within the industry to get their thoughts and help weigh the options I was considering. Following these conversations and taking into consideration my personal situation – healthy, single individual with no children or elderly living in my personal residence, I then educated myself on recommendations outlined by the public health experts and decided what was best for me and my clients.

    After deciding what I was comfortable with, I reached out to each of my clients to see how they wanted to proceed. Not one client hesitated with my direction. Not one seller wanted to pull their listing or minded potential buyers seeing the properties in person. Not one buyer wanted to do virtual tours vs in-person showings. Not one buyer was concerned about lending. For these reasons, I continued servimng my clients like I always have, while adhereing to protocols from health officials and scientists.

    The official 2nd quarter of 2020, April 1st  – June 30th  , has been a straight hustle! It is truly a seller’s market because inventory is so low. Most buyers entered into competing contracts and houses didn’t sit on the market. By June 30th  I will have closed 12 homes since April 1st. No transaction is alike and contracts during COVID was no different.

    My gut feeling is that inventory will soon be on the rise. I’ve decided to keep track of ACTIVE listings by county. I’ve focused on Anne Arundel, Baltimore City, Baltimore County, Carroll, Harford and Howards Counties. I’ll be posting a bi-monthly blog base on my findings so that you can see for yourself. 

    The bases of this blog…LIST YOUR HOME! Give me a call at (410) 336-2569.​
    Just a few fun pics of lisitng appointments and showings during COVID

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  • 05/21/2020 - Suzie Coronel 0 Comments
    113 E Gittings St of Federal Hill | Total Renovation

    The Federal Hill neighborhood is one of the most popular in Baltimore City. The access to 95 and 83 without paying the tolls make the location preferable. But the close proximity to the harbor, the bars and restaurants, and short walk to downtown make it an even more desired neighborhood. Within Federal Hill, there are so many tight knit communities. 113 E Gittings Street sits in on of these close communities. 

    113 E Gittings St, Baltimore, MD 21230 is pretty central to the true Federal Hill neighborhood. [Home is at the green marker.]

     

    Gittings Street is a tree lined, one way street. It’s also known for the neighbors stringing lights for the holidays!  

     

    When most home buyers are looking for houses in the Federal Hill area, there check list is usually:
    3+ bedrooms
    2+ full bathrooms
    3+ finished levels
    A roof deck
    AND PARKING!

    If you’d like a personal tour or want more infomation on the popular Federal Hill neighborhood, contact Suzie Coronel.

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  • 05/21/2020 - Suzie Coronel 0 Comments
    349 Thelma Ave | Are you still renting?

    I think it’s a safe assumption that if you are renting, you’re probably spending $1500+. As a renter you don’t get any real estate tax deductions but most of all, that money is spent doesn’t go toward anything for yourself in the end. So many times I talk with renters and then end up helping them become Maryland First Time Home Buyers

    Take a look at Glen Burnie. So many people like this area because of the location near 695, convenience to Fort Meade, area shopping centers, and the affordability. If you look up the 21061 Glen Burnie zip code, there are only FIVE detached homes with 3+ bedrooms under $250,000.00.

    [stats pulled May 21, 2020 @11:44am]

    Let’s take 349 Thelma Ave, Glen Burnie, MD 21061 for example. This property just hit the market. It’s a split level detached home. On the upper level there are 3 bedrooms, an updated full bath, and an updated kitchen. On the lower level there’s a large family room, laundry room, half bath, and additional room that could be used as a 4th bedroom. The backyard is large and flat! Check out the some photos below. 

    So what would this cost? This house is on the market for $230,000. If you do an FHA loan, you’d need to put down 3.5% of the purchase price. At $230,000 your money down would be $8,050. I called my preferred lender Jon Vitak of Coastal Lending Group to run some numbers based off:
    Purchase price: $230,000
    Interest Rate: 3%
    Taxes: $2300
    _____________________
    The estimated monthly payment with principle, interest and taxes is about $1300.00

    This is exactly what I was thinking. So many are paying over $1500 a month in rent and they could own for even less! If you want more information on the home buying process or want a personal tour of 349 Thelma Ave in Glen Burnie, contact Suzie Coronel!

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  • 04/28/2020 - Suzie Coronel 0 Comments
    9 Russet Ct of Goldentree 21221

    9 Russet Ct, Baltimore, MD 21221 checks all the boxes. Convenient for your daily commute and close to shopping centers but tucked in the popular Baltimore neighborhood of Goldentree. Imagine just having to move in and decorate, as this home has just had an extensive update from top to bottom and tastefully done in the popular light gray palate. This detached home gives great space for families in or out of quarantine! The 3 finished levels offer divided private space. The upper floor gives parents the security of having everyone’s bedrooms on the same level. The main level has an open floor plan, great for entertaining. Sliders off the dining room is the entrance to a bonus screened-in porch. The lower level is wide open with a wood burning stove, a storage room and an outside exit. 

    Want to see the brand new finishes… take a look at the photos below. There’s also a virtual tour so you can get an even better feel of the home. 

    9 Russet Ct, located in Goldentree
    3 bedroom
    2.1 baths
    3 finished levels
    Screened-in porch
    Detached split level

    Do you like what you see?? If you’d like an in-person tour, please contact Suzie Coronel. Stay safe and be healthy!

     

     

     

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  • 04/27/2020 - Suzie Coronel 0 Comments
    4603 Mary Ave 21206| Virtual Tour

    Some Maryland first time homebuyers prefer homes that are fixer uppers. Some just want to move in and decorate. Which do you prefer? Take 4603 Mary Ave, Baltimore, MD 21206 for example. This house had been updated from top to bottom from the kitchen, to the baths, to the flooring, and more, there is not anything left for a homebuyer to do. This home has the finishes that most people are looking for…granite countertops, stainless steel appliances, new LVT and push carpet flooring throughout, tiled baths, and 3 finished levels of living. In addition to all the upgrades this house has 2 full baths! I always try to get my buyers in the Baltimore area at least 2 full baths. 

    Check out the virtual tour below. Tell me what you think. 

    4603 Mary Ave, Baltimore, MD 21206
    3 bedrooms
    2 full baths
    3 finished levels
    detached home w/ large yard

    Do you like what you see and want an in person tour? Contact Suzie Coronel so that she can set that up!​

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  • 04/23/2020 - Suzie Coronel 0 Comments
    527 S Luzerne Ave – For Sale a Canton CHAP home with PARKING

    Check out this new listing for sale in the heart of Canton in Baltimore City from the comfort of your couch. So that you can get a better idea of all that 527 S Luzerne Ave, Baltimore, MD 21224 has to offer, watch the virtual tour below without leaving your house. 

    527 S Luzerne Ave – CANTON
    3 bedrooms
    3.5 baths
    3 finished levels
    hardwood floors throughout
    roof deck
    easy parking
    PLUS 4 years left on the CHAP tax credit!

    Enjoy the virtual tour! Let Suzie Coronel know if you would like a private in person tour.

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  • 01/31/2020 - Suzie Coronel 0 Comments
    FOR SALE: Brick Oven Pizza of Fells Point

    We’ve all walked into this and most of us can smell it too. Weather you’ve been here on travel, for a business lunch, dinner with friends, or late-night slice on a Friday night- BOP (Brick Oven Pizza) of Fells Point is a neighborhood staple, and it’s FOR SALE! CLICK to see the public listing here.

    BOP came to the popular Fells Point neighborhood in 1984. The pizza shop sits on the high traffic corner of Broadway and Lancaster Street. With the water view at the harbor less than a block away and newly renovated Fells Point Square directly across the street, BOP business flows from lunch to late night 7 days a week. The brick oven pizza shop operates with a BYOB license, giving good table turnover and short wait times. The corner restaurant seats 50 at tables. In addition to dine-in and carry-out business, BOP does corporate catering as well as participates in the popular delivery apps like GrubHub, etc. 

    Over the years BOP has received recognition from The Wall Street Journal, SouthWest Airlines, Pizza Today Magazine, several local papers as well as attention from Guy Fireri from the Food Network, Kevin Bacon and the late David Bryne. To preserve this neighborhood staple, the new owners will have all house recipes, decor, delivery van, equipment, the name, social media pages and web site. 
    This business is listed at $250k. For more information and documentation review, contact Suzie Coronel.

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  • 01/15/2020 - Suzie Coronel 0 Comments
    3710 Fait Ave: Get to know Brewers Hill before buying a home

    When clients and friends move to new cities and towns, I typically suggest renting in the area they think they want to buy in first. Take Baltimore City for example. While not a huge city, Baltimore has a ton of neighborhoods. Each differ from the next. Just in the south east corner of Baltimore City there are about 6: Canton, Brewers Hill, Patterson Park, Highlandtown, Fells Point and Upper Fells Point. 

    Let’s talk about Brewers Hill. Most residence will agree on the following:Parking isn’t as problematic as it is in Canton

    1. The accessibility to 895, 95, and Hopkins is great
    2. It’s close enough to all the bars and restaurants but far enough away that you don’t have to deal with all the patrons
    3. Homes there seem larger
    4. Good mix of families and young professionals

    I just listed 3710 Fait Ave of Brewers Hill. Whether you are looking for a roommate situation or looking to move your family, you’ve got to see this incredible space. This large row home is located in the popular neighborhood of Brewers Hill, right next to Canton. With 1300+ sq ft above ground, this 3-bedroom, 3-full bath, offers 3 finished levels of living in an open floor plan. Light maple hardwood floors throughout the home give this property a bright and airy feel. The kitchen is wide open with a large breakfast bar, stainless steel appliances, granite counters, and plenty of table space. There is a roof deck that offers a panoramic view of the area. 3710 Fait Ave is on a wide street, convenient to 895, 95, 83, and John Hopkins.

    Intersted in taking a tour of this home? Call Suzie Coronel at the direct line below. ​

     

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  • 10/01/2019 - Suzie Coronel 0 Comments
    3 bedroom condo FOR SALE in Baltimore County

    A 3-bedroom condo in Baltimore County can be hard to come by. So many Baltimore County home buyers are looking for manageable one level living. Others are looking for the maximum amount of square footage with a low monthly mortgage. 3802 Meghan Dr, #J, Baltimore, MD 21236 is a perfect example. This condo is listed at $162,900 with 1,343 square foot of space. My preferred lender, Jon Vitak of Coast Lending Group LLC has done an expamle of what the mortgage can look at based off the list price. 

    • FHA – Rate is 3.25% w/ 3.5% down
      Total payment is $1,303.20
    • VA – Rate is 3.25% w/ 0 down
      Total payment is $1,219.94
    • CONV – Rate is 3.85% w/ 5% down
      Total payment is $1,269 

    *** all monthly payments include the CONDO FEE***

    3802 Meghan Dr, #J is a large 3-bedroom condo located in a well-kept all brick secured building off of Bel Air Road. This unit is 1,343 square foot of one level living space. 3 large bedrooms are nicely separated by the kitchen, dining and living rooms. Natural light shines through this condo from the windows and from the sliding glass door that take you to a private covered patio which faces the front of the building.

    Another advantage of this unit is the ground level location. This condo building of Silver Ridge has 2 secured entrances. The main entrance is at the front of the building. The 2nd entrance is conveniently located to the back of the building near the handicap parking spaces. Entering from the back is set up for easy entrance with only 3 steps to unit #J.

    If you are looking for affordablity, size and in Baltimore County real estate market call me to check out this unit. Suzie Coronel 410-336-2569

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  • 09/28/2019 - Suzie Coronel 0 Comments
    Affordable Canton Row House FOR SALE

    No doubt the popular Baltimore City neighborhood of Canton will always have high traffic in the real estate market. So many enjoy the all the nearby attractions of city living, but also the proximity of main highways and local companies with an emphasis on Johns Hopkins and UMMC (University of Maryland Medical Center). With so many Canton home buyers looking, sellers can get overwhelmed with getting their homes on the market "ready to show". One of the biggest questions my sellers ask: "What should I do to the house before we list it for sale?"
    While every property is different, in most cases I find a drywall repair, a fresh coat of paint and a good cleaning are well received suggestions. Drywall is most definitely the toughest. Not because the jobs are complex but because most drywall repairs are small and finding someone to take them on is always a struggle. But before my clients spend the money on paint and cleaning, drywall has to come first.
    Check out my new listing at 616 S Decker Ave, Baltimore, MD 21224 in the heart of Canton. So many times clients need a refresher on the selling process. This seller wanted to get the house on the market quickly and asked if I could help getting the contractors. As a Realtor, sometimes it’s easier for me to coordinate and schedule all the contractors to ensure the timeline is smart and the work gets done correctly and without wasting time and money. Want to know what it cost? This seller spent the following:
    1. Drywall repair – $475
    2. Paint (entire home: trim, ceilings, walls) – $2650
    3. New carpet in the basement and stairs – $592
    4. Through cleaning – $150

    https://youtu.be/Q8sS4YAQOSs

    We got the house listed in about 2 weeks. What do you think?
    Conveniently sitting between the popular Canton Square and Patterson Park’s 137 acre playground, this 2 bedroom 1.5 bath row home is move in ready! The entire home just got a fresh coat of paint and new carpet in the finished basement. Set up like most Canton properties, the main level entrance is at the living room, showing off a wall of exposed brick and original hard wood floors. Before getting to the large wide open kitchen there is great space for a separate dining. The 2 bedrooms share a bath on the upper level with space to move around. The finished basement can easily be a 3rd bedroom or a family room. The PARKING PAD out back is just the icing on the cake. Enjoy city living while not breaking the bank. This affordable property is low maintenance and ready for it’s new owner.

    If you are in the market for an afforable Canton home or if you’re a Baltimore City first time home buyer and want a tour of this home, contact Suzie Coronel

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  • 07/15/2019 - Suzie Coronel 0 Comments
    Home Selling Tips: 2202 Ringing Fox Ct of Bel Air

    There’s no better way to start out a Maryland real estate transaction then with a seller who listens to all your suggestions
    and then acts accordingly. I love seller clients, but everyone’s situation is different. Some must price their homes based on a mortgage payoff rather than its value. Some have other compromises, like a divorce, that make situations tough. Some have a home jam packed full of their stuff. Some simply don’t have the "look" that buyers are drawn to. 

    Here are some suggested Home Selling Tips that have proven me well:
    1. Declutter. Ugh it’s a pain, I know. But try to think of it as getting ready to move. Pack it up or get rid of it.
    Kitchens are a good example. That big canister on your countertop that holds 100 different spoons and spatulas. Take the ones you use, put them in a drawer, and toss the rest. All of those shot glasses you’ve saved from college, get rid of them.
    2. Paint. Rarely to folks paint their homes more than once since moving in. Paint is one of the most cost-effective items to give your entire house a real finish. Yes, the entire house. Hire a professional. It will look better, clean edges, and it’s done quickly. Pick one color and do all the rooms. Don’t forget your ceilings and trim. You can never go wrong with white ceilings and trim.
    3. Carpet. Sometimes it’s unnecessary to do all new carpeting. If you have a good carpet cleaner come through, he’ll be worth his weight in gold! But if you do need to replace it, go with the same all through the house.
    4. Garden. When potential buyers pull up, you can’t help but get a first impression from the outside. You don’t need to go over the top but be sure it’s cleaned up.
    5. Pets. I know these guys are part of your family, but folks don’t want to smell it. Do a deep clean through the house. Scrub everything. Be sure you keep up with vacuuming their hair.
    6. Clean. Listing a home that you live in can be exhausting. But don’t let the house go back to the way it was before doing all this work. Keep up on making your beds and the dishes. 

    Take my new listing at 2202 Ringing Fox Ct, Bel Air, MD 21015
    This house was just listed. The Seller is getting a ton of traffic. He did everything I asked and timely. The house shows beautifully, and the potential buyers can see that it’s been very well maintained.
    Priced at $325,000.00 this home shows pride of ownership. This well cared for home has 3 br, 1.5 ba, sep dinning, eat-in kitchen, finished lower level with spacious laundry room and garage access. The lot is well manicured with sliders off the dining room to the wide deck. Home sits on a cul-de-sac. Enjoy the convenience to 95 and a ton of shopping and restaurants.

    If you’d like a private tour, please don’t hestiate contact Suzie Coronel 410-336-2569. 

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  • 06/13/2019 - Suzie Coronel 0 Comments
    Sparks OPEN HOUSE 408 Belfast Road

    *OPEN HOUSE* Sunday 6/16/2019 from 11-1pm
    Sitting pretty on the corner of Belfast Road and York Road…I know you’ve driven past it! Now’s you’re chance to see the inside.
    Click here to check out the drone view!

    408 Belfast Road, Sparks, MD 21152
    Country living but just off the 83 and York Road for ease of travel, this large colonial sits on 1.5 acres. Natural light hits all around this home and is combined with great outdoor spaces to include the front porch at main entrance, the bricked patio in the back off the French doors, and the side patio with fire pit off the basement French door. This well sought out home has a main level master suite that tucks out of the way to the right of the home. Vaulted ceilings and an open floor plan make this home great for entertaining. Upstairs has 3 additional bedrooms, 2 full baths, and an extra living space, prefect for children~s play. The completely finished basement is decked out with a full bar. Plenty of finished space. The pool table, high tops, and bar stools can convey with the right contract. The basement also has a large bedroom and beautiful full bath. The property also has 2 large barns that will convey.

    Can’t make the open house but still want a tour, call me @ 410-336-2569!

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  • 02/07/2019 - CrabbyHomes 0 Comments
    9 N Luzerne Ave – renovations on Patterson Park

    2018 started off with a huge start to the real estate market. 2019 is having a similar start. Since I represent both Baltimore area sellers and buyers, follow homes hitting the market as wells as going under contract. I have personally written offers on 4 homes this week in multiple offer situations. It’s a great sign for the economy. 

    Patterson Park and the 21224-zip code in general is no exception to the active market. Homes in the area are getting a lot more traffic now than they did in the 4th quarter of 2018. The market is alive, and sellers are getting out in front of the typical busy spring season. 

    Patterson Park has been my home for almost 20 years. I can’t speak for everyone but I’ve stayed here for several reasons. I like being close to the 137 acre park vs the bars and restaurants of Canton, just a little farther south. There is typically always something happening on the park: free concerts, parades, bike races, running races, food truck gatherings, and sports. This section also sits a little farther out from where the traffic jams usually are. Even though Patterson Park is right next to Canton, I feel like I can get to 83 and 895 quicker. 

    My seller at 9 N Luzerne Ave, Baltimore, MD 21224 just listed at the end of January.
    This 14’2″ wide row home has a lot to offer for $269,900.00
    3 finished levels
    3 bedrooms
    2.5 baths
    Hardwoods
    Exposed brick
    Large kitchen with island
    Wet bar in basement
    Gated alley
    1/2 block from Patterson Park

    The busy spring market of 2019 is quickly approaching. A feed frenze is sure to happen in the popular Patterson Park neighborhood. If you think this home may suit you, please contact me, your Patterson Park Realtor, for a tour! Be sure to ask me about the rare gated alley way in the back. ​​​​

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  • 07/27/2018 - Suzie Coronel 0 Comments
    How to Choose a Baltimore Realtor

     Deciding to become a Real Estate agent in the Baltimore Metro area is no simple task. There is an obvious learning curve when jumping into any new industry. In Maryland real estate, I’d say that curve is about 3 years. It takes about 3 solid years to fully understand the process, laws, contracts, etc.  Most things you just need to experience.

    Characteristics of a Top Baltimore Realtor

    After you learn the industry you have to navigate the landscape of the Baltimore real estate business on your own. Most don’t realize how complex that can be. There are roughly 40,000 licensed Realtors in the state of Maryland. Most buyers and sellers easily know 10 agents that they could hire. The competition is no joke. After you are well seasoned, what sets you apart is how you handle your business and your personality.

    Buying and selling real estate in Baltimore is big business. So when you’re looking for a Baltimore Realtors, do your research. I think most will tell you that I work around the clock, blatantly honest, and will fight aggressively but SMART for my clients. Read more about the work I’ve done with my past clients. 

     

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  • 07/23/2018 - Suzie Coronel 0 Comments
    Federal Hill Real Estate for FTHB

    ***OPEN HOUSE*** SUNDAY 10/21 from 12:00pm – 2:00pm
    Stop in on your way to the RAVEN’S game! 

    If you are in the market for Federal Hill real estate, chances are you want all the following:

    1. You want to be able to walk to the stadiums.
    2. You want to be able to walk to the bars & restaurants on and near the Cross Street market.
    3. You want to be on that side of the city to have access to 95 South without paying the tolls.
    4. You MUST have parking.

    1306 S Hanover Street, Baltimore, MD 21230 is a new listing @ $359,900.00 with all these amenities and more! This popular address is just across the street from the Cross Street Market. The home was renovated in 2009 with timeless features and finishes. With 3 finished levels this home offers about 2000 square foot of finished living space. The home is 15′ wide which is hard to come by in Baltimore City Rowhomes. The main level has a living room, a separate dining area and a gourmet kitchen with granite counters, glass tile back splash and stainless-steel appliances. 


    ​​The upper level has the master bedroom with full bath and an additional bedroom and hallway full bath. The back bedroom has French doors that open up to a 2-level roof deck with panoramic views.

    The basement is finished with tall ceiling, perfect for an additional bedroom or a club room. The house also has a parking pad. The current owners park both of their cars into this space. 


    ​​If you’d like to tour this home to see for yourself, contact me and we can set that up.

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  • 07/22/2018 - Suzie Coronel 0 Comments
    7 N Luzerne Ave – Affordable Patterson Park Home with Everything a FTHB Needs

    *BEST DEAL IN PATTERSON PARK $259k*

    Start SPRING next to Patterson Park!

    Most Baltimore City first time home buyers don’t know that the first blocks that sit north and south
    of Baltimore Street are called the "unit blocks". The next blocks are the 100 blocks, and so on.

    Take 7 N Luzerne Ave, Baltimore, MD 21224 for example. It’s on the unit block of Luzerne. The house sits 4 houses from Patterson Park. This block is also a gated alley. All four alley entrances are gated added protection. The homeowners have keys to the gates for alley access. Several homes on this block have parking pads. The gates have added great security to the back of these homes as well as allows residents to enjoy the private space for cookouts and entertaining.

    7 N Luzerne Ave has more to offer than just the gated alley. As a Baltimore City Realtor, I know everyone wants hardwood floors, a finished basement, a deck and a parking pad. This home is 3 finished levels of space. It’s a good combination of historic and new. The main level is an open floor plan with dark hardwood floors. The gourmet kitchen has a breakfast bar and French doors that open out to a large deck.


    The upstairs has a master bedroom with large full bath and a walk-in closet. There is a 2nd bedroom and an additional full bath. 


    The basement is another level of useable space. Fully finished for a 3rd bedroom or a club room. The basement fully set up with another full bathroom. The home also has easy parking since the neighboring home also has a parking pad. 

    This home is actively on the market at $259,900.00. If you think this is a home that you might be interested in, contact me for a tour. 

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  • 05/30/2018 - Suzie Coronel 0 Comments
    Perfect Property for First Time Baltimore Homebuyer

    No doubt the Baltimore area housing market is hot right now. Inventory is down throughout Maryland cities; Canton, Crofton, Pasadena, Joppa, Ellicott City, Severna Park, and more. Buyers are feeling the effect. Owners that were previously under water, are now able to sell in this Baltimore market. 

    Prime Properties in Patterson Park, Baltimore’s Best Backyard

    As a Baltimore Realtor, there’s no better Baltimore Realtor review when a previous buyer calls you to resell and upgrade. It’s even sweeter when you did such a good job getting them their current house that you don’t have to inflate the list price. Take 138 S Curley Street for example. The owner of this house, a bachelor at the time, was my buyer client in 2010. We did well 8 years ago and now, the owner a married man is ready to sell and upgrade to start a family but wanting to stay in Patterson Park area. Since we did well 8 years ago, we’re able to list 138 S  Curley Street at a reasonable price. 


    There are 5 homes for sale on this block priced from $205,000 up to $269,900. 138 S Curley is priced at $205k.
    Take a look at the value of 138 S Curley Street, Baltimore, MD 21224

    • 2 sizable bedrooms on the top level
    • Master has a walk-out deck
    • 3 finished levels 

    "Nestled between both parks & on a one-way street makes this well taken care of home even better. Home offers 2 br upstairs and a finished basement that can be a 3rd br. Half bath on the main lvl for easy entertaining. New roof & skylight in 2016. New HVAC 2015. New back exterior fence 2018. Great bang for the buck in 21224."

    ​​​​Curious about what Patterson Park can offer? Interested in knowing how affordable it can be? Contact Suzie Coronel for more details on the area, the market and of course 138 S Curley Street!

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  • 03/19/2018 - Suzie Coronel 0 Comments
    Advice for Removing Form Stone in Baltimore City

    Sometimes I wonder if the inventor of form stone was related to the inventor of fake wood paneling? Lol.  It never fails when showing clients row homes in Canton, Fells Point, Brewers Hill, Butchers Hill, Patterson Park, Federal Hill and Locust Point, if the facade form stone or brick is painted, the first thing my Baltimore City buyers ask is "how much is it to remove the form stone and repoint the brick". Most Baltimore city investors don’t even consider leaving the form stone and little by little home owners are doing the same. But what’s the process and what does it cost?


    I purchased my own house in 2001. I renovated the entire house EXCEPT the rear exterior brick. Until just recently it was all painted power blue. Last fall I decided that it was time to get the entire back repointed. I knew it wouldn’t be a cheap job but knew it needed to be done. Since last November I’ve probably called 15 masonries for quotes. I probably got return calls from 10 and about 8 showed and gave quotes. A couple of the masons told me that they wouldn’t touch it because of the lead paint. I didn’t argue it because I didn’t want to hire someone for a large job and they not want the work. The quotes that I did get came in as low as $5500 on up to over $24k! 

     

    In February I hired Detailz Construction Corporation. My point of contact through the entire process was Ilan Goldberg. Goldberg was quick to respond to phone calls, text messages, and emails. His crew started on a Monday and finished the following Monday, due to a little mid week rain delay. Detailz required 1/3 payment to start the job, 1/3 mid way through, and final payment once complete. Goldberg’s crew was friendly. It was so cold and rainy but they worked full days on the house. After the first day, I could start seeing the results. Every evening when the crew was done they cleaned up their tools and the back of my house as best as the job would allow.  

    It’s a very dusty job. I have 5 windows and 3 doors at the rear exterior surrounded by brick, it was no surprise that the red brick dust was going to come into the house. A neighbor that shares my rear exterior wall also felt the dust of the construction. She was upset, so I contacted Goldberg right away to see if there was anything his crew could do for her. His response was immediate. In fact, he called my neighbor right away to assure her that they would clear the brick dust that had gone onto her property. 
    I tried to keep track of the process so that I could share this with clients.
    Process for Removing Stone Form in Baltimore
    First couple of days:

    These are from about mid week:

    These are the completed job:


    ​If you are looking at buying a house with form stone or have a home you are getting ready to sell with form stone, please don’t hesitate to contact me, Suzie Coronel.

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  • 03/14/2018 - Suzie Coronel 0 Comments
    Single-Family Home For Sale in Frederick (21703)

    When Maryland home buyers hire me as their agent in the search for their 
    "Forever" home, I know that there will be other factors that will be important other than just the house. 

    The obvious:
    1. Location, zip code, neighborhood
    2. Price
    3. Amenities
    The not-so obvious:
    1. Are school districts important?
    2. How large is the family or expected family?
    3. Any special needs? For ex. will there be an In-law that frequents or will be living there also?
    4. Location of office and the preferred commute?
    5. Do you prefer land or hoping for neighborhood playmates?

    Frederick County is attractive for many reasons. I just listed a single-family brick colonial at 7019 Allington Manor E, Frederick, MD 21703, for $424,900.00.
    The obvious:
    5 bedrooms
    3.5 baths
    2 car garage
    New roof
    New deck off the back 
    Home backs up to the woods
    The not-so obvious:
    Elementary & Middle School districts: Ballenger Creek
    High School district: Tuscarora High
    All 5 bedrooms are on the second level
    In-law suit in the basement complete with kitchen, laundry, & full bath
    Convenient to 270
    Convenient to Fort Detrick
    Neighborhood HOA includes a community pool

    If you’d like to request more info on this house or to schedule a personal tour, contact Suzie Coronel.

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  • 03/01/2018 - Suzie Coronel 0 Comments
    Single Family Home for Sale Pikesville (21208)

    Even as a full-time, 13+ year Maryland Realtor  it’s tough to know all of the neighborhoods across the state. Throughout the years I’ve come across some rather nice pockets. As I take buyers around to showings, without going into each home, you can’t help but notice neighborhood details. Are the other homeowners taking care of their yards? Do all the houses look the same? If my clients have small children, are there other children around? Does the neighborhood offer easy access to major beltways? Can you hear the traffic from the outside? 

    When I have clients interested in the Pikesville area, Sudbrook Park is one of the neighborhoods that always pops into my mind. Situated in a residential area Sudbrook Park is quite pocket convenient to 695 and shopping centers. As you drive around, it’s typical to see folks tending to their properties as well as some renovations in the works. 

    This single-family home located at 913 Olmstead Road, Pikesville, MD 21208 is new to the market and offers a
    lot to a buyer for under $250k:

    • 4 bedrooms
    • 2 full baths
    • large sunroom addition
    • renovated kitchen
    • hard wood floors
    • wide open basement

      Located in the desirable SUDBROOK PARK neighborhood, this cape cod offers additional living space with an added sun room off the kitchen as well as added dormers in the 2nd level bedrooms. The kitchen and upper level bath were also redone. The basement of this home is a wide open blank canvas. The sun room addition spills out into a back deck and surrounding yard, excellent for entertaining.


      If you are more intersted in seeing what this home has to offer, please don’t hesitate to contact Suzie Coronel for a private showing. 
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  • 02/28/2018 - Suzie Coronel 0 Comments
    Homestead Tax Credit – Did Your Application Make It In?

    Nothing is ever easy when you have to deal with your state and local governments.
    The Homestead Tax Credit is no exception, but is worth the hassle and frustration. This credit was issued to help homeowners deal with large assessment increases on their principal residence. You only need to submit your application once.

    The biggest condition on getting the credit is this:
    Dwelling must be the owner’s principal residence and the owner must have lived in it for at least six months of the year, including July 1 of the year for which the credit is applicable, unless the owner was temporarily unable to do so by reason of illness or need of special care. An owner can receive a credit only on one property—the principal residence.

    What does this mean?
    It’s now 2018. If you purchased your home July 2, 2017 OR AFTER, your credit will be able to go into effect July 1, 2018. I tell my Maryland home buyers to apply when you purchase but also check again at the begin of the next year and to sure your application went through.

    2 ways to apply:
    You can download a PDF here, complete and mail it in.
    You can also apply online (recommended)

    What you need to apply:
    1. Find your Identification/Real Property Account Number on the sdat search
    2. Find your county code below:
    County Code (2 digits):

    Allegany – 01
    Anne Arundel – 02

     

    Baltimore City – 03
    Baltimore Co. – 04
    Calvert – 05
    Caroline – 06
    Carroll – 07
    Cecil – 08
    Charles – 09
    Dorchester – 10
    Frederick – 11
    Garrett – 12

    Harford – 13
    Howard – 14
    Kent – 15
    Montgomery – 16
    Prince George’s – 17
    Queen Anne’s – 18
    Somerset – 20
    St. Mary’s – 19
    Talbot – 21
    Washington – 22
    Wicomico – 23
    Worcester – 24

     

    If you are mailing in your application this is all you need. 
    If you are applying online, you’ll need a "Access Number". You can’t get this online. You can to call 410-767-2165. Tell them you are applying online and need your Access Number.

    Once you have this number, go thru the prompts online and submit.  

    *****Tricks to the Real Property Account Numbers:
    The number is based on County Code _ _, Assessment District _ _, Account Number _ _ _ _ _ _

    BUT if you are in Anne Arundel County the code is:
    County Code _ _, District _ _, Subdivision then Account Number _ _ _ _ _ _ _ _ _ _ _

    BUT if you are in Baltimore City the code is:
    County Code _ _, Ward _ _, Section _ _, Block _ _ _ _, Lot _ _ _

    Like most applications, the process looks more complex than it really is, reach out to me if you need some help!
    —Suzie Coronel
    Realtor

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  • 12/06/2017 - Suzie Coronel 0 Comments
    From House To Home: Furniture Drive for Veterans

    There are so many worthwhile charities, but we can’t contribute to them all. This year I’ve decided to focus on a local one. With all of the political controversy over the National Anthem combined with my military family, I’ve decided to put my volunteer efforts and donations to From House To Home: Furniture Drive for Veterans. This is a locally run non-profit that provides affordable housing in/around the Baltimore community, but they focus mainly on veterans and first responders. Here I can be sure that my community is directly benefiting. 

    When members of this community get placed, in most cases they don’t have any furniture or cookware. This is where we can assist. The first Saturday of every month we’ll pick up items for anyone who cannot bring donations to us; then when someone is in need, the team will put together a truck load and deliver!           

    As a Realtor in the Baltimore and surrounding areas, so many seller(s) have acquired a ton of furniture and kitchen items over the years. This is a perfect way for clients to donate without really having to leave the house. When listing your house, decluttering a key. Do you need 4 pots, 3 pans, and 2 coffee makers? And that barely used couch in the basement that you want to replace in the new house, we’ll pick that up too!

    Looking to donate? CLICK HERE

    Looking to volenteer? CLICK HERE

    What items are we looking for? CLICK HERE


    Need more information on the From House To Home can help you or want to get involoved helping out, contact Suzie Coronel. 

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  • 11/14/2017 - Suzie Coronel 0 Comments
    9205 Peach Blossom Ave of Perry Hall, MD

    Is it possible to live in a rural area just off a scenic peach farm but still have the convenience
    of shopping centers and easy access to both 95 and 695? You can at Moore’s Orchard!

    9205 Peach Blossom Drive, Perry Hall, MD 21128 is now actively for sale!
    5 bedrooms
    3.5 baths
    lofted ceilings in the family room
    finished basement w/ wet bar
    large detached home
    corner fenced in lot

    Located in the popular Perry Hall development of Moore’s Orchard, this home shows like a model. In fact, it was a model home! Coming to the market with 5 bedrooms, a finished / walk out basement, 2 car garage, large trex deck, and a huge fenced in corner lot yard. Additional updates are a pellet stove, newer CAC unit, and a sprinkler system in the front & back yard.

    If a new home buyer to the Perry Hall area, then you’ll be happy to know that you are perfectly sandwiched in the middle of Baltimore City and Harford County. The east side of Baltimore County where Perry Hall sits, ranks well among other popular areas. In most cases, home buyers are looking for areas near good school districts, close shopping, adult night life, and convenience access to major freeways. The community of Moore’s Orchard brings all of these amenities to its residence.

    For more information on 9205 Peach Blossom Ave or other homes in the area, contact Suzie Coronel at 410.336.2569.

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  • 11/13/2017 - Suzie Coronel 0 Comments
    1740 Albermarle Drive of Crofton, MD

    Home buyers are attracted to Crofton for many reasons. Popular neighborhoods like Lake Louise bring a lot of action to the housing market in Anne Arundel County.

    1740 Albermarle Drive, Crofton, MD 21114 was recently listed within the Lake Louise neighborhood, just off the Crofton Parkway. 
    3 bedrooms 
    2 full baths, 2 half baths
    3 finished levels
    Large deck off the back
    Located in the popular community of Lake Louise, this townhouse at the end of a circle off Crofton Parkway. With 3 bedrooms, 2 full baths, 2 half baths, a fully finished basement and a large deck off the back- this home suits a wide range of buyers. Freshly painted throughout. Community has a lovely clubhouse w/ pool. This house is convenient for DC, Annapolis, Baltimore and Ft Meade commuters.

    Aside from the great real estate the Crofton has to offer there are several attributes that bring buyers to the area. Here are a few that stick out:
    ​1. Many home owners that commute to DC, Annapolis, Baltimore, and Ft. Meade daily choose to live in Crofton for the obvious. Look at the area map to the right. The red location drop is on Crofton.
     
    2. Whether you are in the early stages of family planning or have a thriving family, schools are always a topic of discussion. In most cases, my home buyers with families put school districts on the top of their research. Private schooling can be expensive. Check out the ratings of the public schools in Crofton.

    ​3. Along with school districts come sports leagues, right? Crofton has plenty around and at all sorts of competitive levels. Lacrosse, soccer, softball, baseball, karate, rugby, etc- they are all here.

    ​4. Not all perks are about work and family. The shopping in Crofton is ONLY getting better. With so many shops and restaurants to choose from, there’s something here for everyone. Gourmet grocery stores, upscale movie theaters, women’s specialty shops, athletic shops, housewares, and more, all within a central location.
    ​​

     For more infomation on 1740 Albermarle or other listings in the Crofton area, contact Suzie Coronel at 410.336.2569

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  • 11/13/2017 - Suzie Coronel 0 Comments
    609 Meyers Drive of Catonsville, MD

    Home buyers are paying attention to Catonsville, MD. It’s getting to be know for the best of both worlds. While the neighborhoods are considered Baltimore County, you are still in close proximity to the fun happenings in Baltimore city as well as Ellicott City. On top of the prime location, the Catonsville area of Westchester has well ranked school districts across the board with Westchester Elementary and Catonsville Middle and High.

    609 Meyers Drive, Catonsville, MD 21228 is located in this perfected location. 
    3 bedrooms
    2 full baths
    Additional Sun room
    Newly refinished hardwood floors & freshly painted
    Huge fenced in back yard with large shed and playset

    Immaculate home located on a fenced in corner lot. Come see this freshly painted, ready to move in home. The wood floors have been refinished and new carpet installed. Master bedroom has unique wooden beams across the ceiling and a newly updated master bath with duel sinks. Home has a lot of extras including a finished basement, wood burning fp, sun room, and a large play set in the back yard! 

    ​​​​For the entire listing of 609 Meyer Dr click here. If you’d like more information please contact Suzie Coronel at 410-336-2569. 

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  • 10/17/2017 - CrabbyHomes 1 Comment
    Baltimore City Realtor leaves big brand for Cummings & Co. Realtors

    It’s hard to believe I’ve survived almost 13 years in real estate. Since the beginning, I affiliated with the big brands. First, with Long and Foster for two years followed by ten more with RE/MAX. Over 12 years later, most of my business is referral-based and derived from my work with previous clients. Knowing your network and reputation have a direct impact on your business helps ensure your level customer service stays in check. For every successful transaction, a good Realtor should expect others to follow. I try to fight for my clients as if they were all close friends. It’s taken me this long to confidently know that it’s your sole reputation not the size of your company brand. 

    "As a Realtor, it’s crucial to surround yourself with other active and successful agents. The energy and pas
    sion in all seven Cummings & Co. offices is truly contagious, but what impressed me the most when deciding to move companies was the infrastructure and internal systems that Dave Cummings and his team have built. In my opinion, Cummings & Co. is the most efficient and tech-sa
    vvy brokerage in Maryland. I’m ecstatic to now be a part of this powerful firm and know my clients will be able to recognize the benefits of my move as well. "

    I didn’t expect it. In fact, when I interviewed with the owner, Dave Cummings, I told him not to make it a priority as I was just curious what his brand had to offer. Within 30 minutes s of meeting with Cummings, I knew I’d be joining his company before the month’s end. Today I’m typing from my office at Cummings & Co. REALTORS.

    While interviewing with Cummings, I asked: "Who is your biggest competition, Dave?" His response, "Zillow." It was then when I knew I was making the right move for myself and in the end my clients. This is a fast pace industry. It seems like every day there is a new online company buying and selling homes. If your Realtor is suggesting open houses and full-color flyers, perhaps they are in the dark. iPhone apps, social media pushes, live video feeds and algorithms are what savvy Realtors utilize to stay ahead of the competitive online game. Cummings & Co. is the first real estate firm that brings this powerful additive and cutting-edge support to a brick and mortar office. 

    Why making the switch was so easy:

    Full access to six branches in Maryland. Cummings & Co. have offices Bel Air, Perry Hall, Ruxton, Lutherville, Rolland Park, Federal Hill and Canton. While my main office is located in Canton, access to these other branches across Maryland means greater convenience for my clients in Harford County through our Bel Air branch.

    Systems in place for everything. The welcome packet, the online agent tools, the in-office support staff, and IT manager made the transition flawless. Any and all questions I may have at the outset were answered for me as part of their seamless on-boarding process.

    The agents at Cummings have an average of 12 years’ experience. Yes! The offices are filled with real estate agents that know what they are doing. As an independent contractor, keeping in the "know" is vital for success, and I am excited to be amongst such an experienced group of like-minded professionals.

    The broker/owner. Dave Cummings is involved and understands the business and what agents need. Suggestions about possible improvements for the brokerage, while welcome, aren’t necessary as he’s already thought them. As an agent of his brand, I can dedicate my resources to running my own business and providing even better service for my clients because Dave Cummings handles the rest.

    A new energy and excitement are propelling me into the 4th quarter of 2017. Thanks, Dave Cummings & staff for the great welcome, I am looking forward to my future at my new home.

    —-Suzie Coronel
    Cummings & Co. REALTORS

     

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  • 08/29/2017 - Suzie Coronel 0 Comments
    What does your Realtor need to write your offer?

    At this point as a home buyer, you’ve probably done all the important things to get the home buying process started. You have hired a Maryland Realtor that you connect with both personally and professionally. You’ve locked down a lender and fully understand the terms of your proposed loan. You have zeroed in on a neighborhood. You have seen active homes on the market and have selected "the one". Your Realtor has done the research on that local market and has suggested an offer amount. You agree and are ready to submit but WHAT DOES YOUR REALTOR NEED TO WRITE YOUR OFFER???

    • You will need a pre-approval from your lender. Typically for the amount of the offer. 
    • You’ll also need an Earnest Money Deposit (EMD) for usually 1% of the offer amount. This is paid in the form of a personal check, made out to your Realor’s brokerage. Example: if you’re offer is $350,000, you’ll want to make the check for the amount of $3,500.00 and made out to RE/MAX Preferred. Your Realtor will make a copy of this an include it in the offer package. 

    In addition to the above items you will want to know:
    1. Your settlement date (45 days is typical)
    2. What type of financing (Conventional, FHA, VA, etc)? 
    3. How much will you be putting down?
    4. Will you need seller contribution?
    5. What property inspections will you want? 
    6. How many days do want to get the inspections done and repairs requested?
    7. Are there items in the house you’d like ask to convey?
    8. Did you ask for a specific home warranty?

    In order for your Realtor to draft a solid offer, all of these must be discussed and finalized. The receiving Realtor will appreciate a smart well-organized contract of sale. 

    If you have questions on writing an offer or anything about the purchase of a home, please don’t hesitate to call Suzie Coronel at 410-336-2569. 

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  • 07/27/2017 - Suzie Coronel 0 Comments
    10758 Evening Wind Ct in the heart of Columbia, MD

     With so many zip codes for Maryland home buyers to choose from, Columbia, MD is always a popular choice. Columbia is known for so many things but the "planned community" always comes to mind first. The area was developed by James W. Rouse whose bold idea was to build for a better quality of life for the residences and businesses that come to call Columbia, home. Within this large community of great green space, you’ll find a well-developed shopping mall. A huge live music venue called Merriweather Post Pavilion featuring entertainment all year. Columbia has also become a hub in the IT field, housing several companies that are excelling in the industry. Many families are drawn to Columbia because of the close proximity to DC and Baltimore. Naturally the Columbia area schools and recreational act ivies here are constantly watched. 

    Just recently in 2016, Wilde Lake’s town center went under a total renovation. 10758 Evening Wind Ct is located in the back end of a cul-de-sac in the Wilde Lake area. With the newly rehabbed center, this house is even better than before. See the details of the house below:
    10758 Evening Wind Ct – Columbia, MD
    4 bedrooms
    2.5 baths
    2 fireplaces
    3 finished levels
    backyard patio
    2 car garage

    This detached home offers great space for entertaining on the 1st level with a wide open kitchen, dining area & living room with fireplace. The main level continues out to the large flat back yard with patio. The upstairs has 4 good size bedrooms. The master has a walk-in closet & private bath with double vanities. The additional 3 bathrooms are all upstairs with a full bath, perfect for your growing family. Basement is finished into a lovely retreat from your busy life. 

    If you’d like to hear more about what Columbia MD has to offer or a private showing of this home, contact Suzie Coronel at 410-336-3569 or suzie@CrabbyHomes.com

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  • 07/20/2017 - Suzie Coronel 0 Comments
    2816 E Baltimore St – Park Front – CHAP TAX CREDIT

    Throughout most of the year, locals flock to Patterson Park for many different reasons. Baltimore Sports & Social Club (BSSC) keeps the fields busy with young professionals. Friends of Patterson Park host free concerts throughout the summer months. It’s become part of the route for the Baltimore Marathon, several road bike races, and the popular Kinetic Sculpture race. There’s a pond, a pool, tennis courts, an ice skating rink, a playground, a dog park and acres and acres of park grounds. Below is a picture of last year’s Halloween parade on the park and a picture of neighbors on the park for a free concert. ​​

    This park is 2816 E Baltimore Street‘s front yard! 2816 E Baltimore was is a full gut renovation. It stands 4 levels high w/ 2,470 finished sq ft, a parking pad, 2 tier roof deck, and 9 years left on the CHAP tax credit. With 5 large bedrooms, 4.5 baths, a wet bar, and a gourmet kitchen this house is great for entertaining but can also fit your growing family. 

    Above I mentioned that this house also has a CHAP tax credit. You may have heard about these credits but do you know how they work? 
    2816 E Baltimore St was purchased in the Spring of 2015. Before anything is done to the property, the appraiser from the CHAP office comes to put a value on the property. The pre-improvement appraisal amount for this property came in at $180,000.00. After the renovation was completed the CHAP appraiser comes back for the Post-improvement appraisal. The house turned out beautiful, see the pictures below. The post-improvement appraisal amount came in at $490,000.00.

    CHAP tax credits: Here is the math breakdown:
    CHAP appraisal before renovation is 180k
    CHAP appraisal after renovation is 490k. 
    The "locked in" credit is 310k x 2.32 = $7,192.00/year in taxes ($599.33/month)

    So let’s say the state’s assessment after renovation is 500k. 
    Normal tax bill for the city portion is 500k x 2.32 = $11,600year ($966.67/month)
    CHAP credit is $7,192/year

    TOTAL AMOUNT OF CITY TAX  $11,600 – $7,192 = $4,408.00 ($367.34/month)

    Buyer will save about $367.34 a month, over 4k a year!
    ***These numbers are good estimates but not exact. 

    When purchasing a CHAP tax credit house it is important to get the CHAP appraised amounts so that you can calculate the taxes that the buyer will be paying. The above example should help you calculate but in the event you still have questions, please contact  Suzie Coronel at suzie@CrabbyHomes.com or the cell number in the banner below. 

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  • 06/26/2017 - Suzie Coronel 0 Comments
    606 Eaton St- What will the 10 year CHAP tax credit save the buyer?

    If you are a buyer in Baltimore City, you are probably aware of the CHAP tax credit that most knowledgeable builders are making use of. The trouble is that most buyers don’t understand the math behind the credit. 606 Eaton is a newly listed CHAP renovation in Brewers Hill. Here is a good example of how the credit works. 

    606 Eaton St was purchased in the winter of 2016. Before anything is done to the property, the appraiser from the CHAP office comes to put a value on the property. The pre-improvement appraisal amount for this property came in at $165,000.00. The pics below are before the builder started the renovation:

    ​​​​After the renovation was completed the CHAP appraiser comes back for the Post-improvement appraisal. The house turned out beautiful, see the pictures below. The post-improvement appraisal amount came in at $365,000.00.

    CHAP tax credits: Here is the math breakdown:
    CHAP appraisal before renovation is 165k
    CHAP appraisal after renovation is 365k.
    The "locked in" credit is 200k x 2.32 = $4640.00/year in taxes ($386.67/month)

    So let’s say the state’s assessment after renovation is 350k. 
    Normal tax bill for the city portion is 350k x 2.32 = $8120/year ($676.67/month)
    CHAP credit is $4640/year

    TOTAL AMOUNT OF CITY TAX  $8120 – $4640 = $3,480.00 ($290/month)

    Buyer will save about $386.67 a month!
    ***These numbers are good estimates but not exact. 

    When purchasing a CHAP tax credit house it is important to get the CHAP appraised amounts so that you can calculate the taxes that the buyer will be paying. The above example should help you calluclate but in the event you still have questions, please contact Suzie Coronel atsuzie@CrabbyHomes.com or the cell number in the banner below. 

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  • 03/06/2017 - Suzie Coronel 0 Comments
    CHAP tax credits: can you do the math?

    CHAP tax credit  renovation properties have been saving buyers a substantial amount in taxes for years. These types of Baltimore row homes hold more valuable because of the generous tax break. I did at recent blog titled 10 year CHAP tax credit renovations in Butchers Hill  . That blog highlighted 3 CHAP tax credit renovations all in the popular Baltimore neighborhood Butchers Hill. Since that was published all 3 of those active Baltimore City homes for sale are now under contract and set to settle in March 2017.

    When explaining the tax credit, most are vegue in the details. When I explain it to Baltimore City buyers, I try to give them round number within my example to keep things easy to calculate. 

    Here is the example that I tend to use:
    CHAP appraisal before renovation is 100k

    CHAP appraisal after renovation is 300k.
    The "locked in" credit is 200k x 2.32 = $4640.00/year in taxes ($386.67/month)

    So let’s say the state’s assessment after renovation is 290k. 
    Normal tax bill for the city portion is 290k x 2.32 = $6,728/year
    CHAP credit is $4640/year

    TOTAL AMOUNT OF CITY TAX  $6728 – $4640 = $2088.00

    When purchasing a CHAP tax credit house it is important to get the CHAP appraised amounts so that you can calculate the taxes that the buyer will be paying. The above example should help you calluclate but in the event you still have questions, please contact Suzie Coronel at suzie@CrabbyHomes.com or the cell number in the banner below. 

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  • 03/06/2017 - CrabbyHomes 0 Comments
    Baltimore City First Time Home Buyer’s Incentives

    If you are like most first time home buyers you might be overwhelmed by down payment and closing costs that come with buying a home.  While a good agent will help you to negotiate seller help they should also be knowledgeable about the resources available to you through Live Baltimore. Savvy buyers can use these incentives combined with state programs leaving their out of pocket expenses next to nothing.   As with the MMP  there are certain prerequisites, but most first time home buyers are eligible for one if not more of these programs.  Also, as with the MMP, you must attend the FTHB class, complete your one on one counseling, and receive your certificate to be eligible prior to entering a contract.

    Home Ownership Assistance Program 
    The community block grant (CDBG) you can qualify for $5000.00 toward your fist home. 
    You should know:

    1.  Your household income should be less than 80% of the area median income
    2. This is a five year forgivable loan which means your balance is forgiven by 20% every year until you no longer owe, not a bad deal!
    3. You must receive a HQS (housing quality home inspection) on the property.  This means you must use a home inspector with this certification.

    Baltimore Employer-Based incentives:  are among the easiest to understand, receive, and qualify for.
    There are several, here are just a few of the most popular:
    1.       Live Near Your Work: provides between $2,000-$17,000 to homebuyers.   The amount you are eligible for depends on where you work and where you buy in proximity to your work. You can ask your employer if they participate in this program.

    2.       Good Neighbor Next Door: This incentive is for Baltimore city teacher’s grade K-12, fire fighters/EMTs, and police officers.  You must commit to living in the home for at least 3 years and must choose a home from city specific/HUD homes.

    3.       Baltimore city Employee Homeownership Incentive: is a deferred forgivable loan up to $5,000 that depreciates by 20% every year you live in the home.  Employee for city agencies who are employed by the mayor and city council qualify.  Also your mortgage can not exceed $417,000.00, you must put $1000.00 of your own money toward the purchase, and one person per household may apply. 

    MMP "You’ve Earned It" : is a special interest rate and down payment assistance program for those with high student loan dept. 

    1. This is a deferred loan and will have to be paid back at time of sale of property without interest
    2. Buyer must have at least $25,000.00 in student debt
    3. Interest rate is a .25 percentage point under
    4. Mortgage loan cannot exceed  $525,901.00
    5. Homebuyer must invest at least $1000.00 of personal funds 

    Buying into Baltimore is a $5000.00 incentive that can be used to buy a home anywhere in Baltimore City.  There are two events: a spring/summer and fall/winter.  20 individuals will be selected by a lottery to receive awards.  You need to know:

    1. Mortgage amount cannot exceed $517,000.00.
    2. Applicants have ten business days after attending to enter into a contract on a home and submit the application to be eligible for the lottery.
    3. Winners must close within 60 days for being selected.
    4. Co-signers, cash sales, or owner financing are not permitted.
    5. No short sales, no foreclosures, and no new construction will be considered.
    6. Home buyer must invest at least $1000.00 from personal resources
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  • 03/06/2017 - CrabbyHomes 0 Comments
    Maryland Mortgage Program: A buyer’s incentive

    Most new Maryland buyers ask for the seller(s) for contribution towards the down payment and other upfront closing costs they need to buy their first home.  While a good agent can help you negotiate seller concession, also known as seller help or seller contribution toward closing there are other resources available to you.  The Maryland Mortgage Program (MMP) is a down payment assistance program offered to first time home buyers looking to purchase in the state of Maryland.  While it is not "free money" it is a 0% interest deferred loan.  This loan will give you up to $5,000.00 toward your down payment and is paid off only when you sell without interest.

    **To be eligible for this program applicants must be:

    1. First time home buyers, who have never owned (or held title for) a principal residence anywhere in the last three years. 
    2. Purchasing the home to use as their primary residence.  Home may NOT be used as an investment property or rental.
    3. Able to complete a Homebuyer Education course. *This course needs to be finished, your one on one counseling session completed, and you should have your certificate in hand prior to making an offer or gong under contract on a home.
    4. Making a MAXIMUM income of $108,600.00 (for 1-2 people) or $126,700.00 (for a household of 3).

    **Other important factors that apply outside of being approved include:

    1.         Your current debt, employment status, and credit history.
    2.         Loan type:
      ·         FHA loans require a minimum credit score of 660.
      ·         Conventional loans require a minim credit score of 640.
    3.        Your debt-to-income ratio must also meet the loan requirements for your loan type.

    **Important details you’ll need to know:      

    1.         Your new mortage loan cannot exceed $525,901.00.
    2.         You CAN use this program with other grant incentives.
    3.         Home buyer must use an approved lender.
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  • 01/11/2017 - Suzie Coronel 0 Comments
    10 year CHAP tax credit renovations in Butchers Hill

    Butchers Hill home buyers who are looking for a 10 year CHAP tax credit renovation have some great options. Many buyers will think that a total renovation is going to be way out of their budget. The truth is that Butchers Hill properties are just as diverse as it’s residences. Below I have 3 available CHAP tax credit homes that offer 3 different layouts at 3 different price points. 

    315 S Washington St – Butchers Hill – $325,000.00
    Full CHAP pending, pre-construction appriasal is 115k 
    3 levels above ground
    1 mastersuite on the 3rd level – complete with roof deck access, a full bath, and a sitting room
    2 bedrooms share the 2nd level with a full bath inbetween
    On the main level is a bright white kitchen, separate dinning room , large living room
    This home has a 2 tier deck and an exterior storage shed in the rear. 

    411 S Washington St – Butchers Hill – $344,900.00
    Full CHAP pending, pre-construction appriasal is 125K
    3 finished levels, including a fully finished basement
    2 bedrooms on the second level – a master w/ private bath and a 2nd bedroom with use of hallway bath
    Main level has an open layout living area, separate dinning room and kitchen with breakfast bar
    Basement is fully finished complete with a third bedroom, full bath and laundry area
    This home also has a 2 tier deck starting from the 2nd level as well as a patio leading off the main level kitchen

    2025 Bank St – Butchers Hill – $439,000.00
    Full CHAP pending, pre-construction appriasal is 150K
    Top 3 levels had an addition built on to the back
    4 finished levels of living space
    Top level has 2 bedrooms and a shared full bath
    2nd level has master bedroom/full bath aside an additional bedroom with hallway full bath
    Laundry is also on the 2nd level
    Main level is set up for the entertainer- large living room, gourmet kitcken and separate dinning room with a walk out patio
    Basement is fully finished with the 5th bedroom and full bath. 

    If you’d like to see any of these from Mason Properties of Baltimore, a favorite local builder, please contact Suzie Coronel. If you would like to better understand the CHAP credit, don’t hestitate to call!

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  • 12/21/2016 - CrabbyHomes 0 Comments
    411 S Washington St – Butchers Hill CHAP reno

    Christmas is 4 days away. Most Baltimore City sellers would just wait until after the holidays to list a brand new renovation. Mason Properties wanted this to hit the market as soon as it was completed no matter the date. It’s a Baltimore City CHAP tax credit renovation so there is never a bad time to list these homes. In fact many baltimore city buyers won’t settle for anything without the 10 year CHAP tax credit.

    411 S Washington St – Butchers Hill – Listed @ $344,900
    3 true bedrooms
    3 full baths
    kitchen with granite, stainless, and tiled backsplash
    wood floors throughout
    3 finished levels
    2 level roof deck

    Located in Butchers Hill, just north of Fells Point, this home offers 3 large bedrooms, 3 full baths, wood floors throughout, and a 2 level roof deck. The kitchen has granite, SS appliances, plenty of cabinet space and a breakfast bar. Full renovation was just completed December 2016. With 1000+ sq ft above ground, the house has the space for different types of households. And with the CHAP tax credit it’s aordable. 

    If you’d like to tour this home or would like to know more about the CHAP tax credit and Mason Properties, Inc. let me know! Suzie Coronel 

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  • 10/31/2016 - Suzie Coronel 0 Comments
    250 S Bouldin – Highlandtown rental with PARKING

    Looking for a rental close to Baltimore’s Patterson Park, Canton and Fells Point? Since this house has 2 bedrooms and 2 full baths on the same level, this house is perfect for roommates. 250 S Bouldin offers 3 finished levels, easy parking, large kitchen with island and a finished basement. Contact Suzie Coronel for details and showings. 

    250 S Bouldin Street, Baltimore, MD 21224
    2 bedrooms
    2 full baths
    Finished basement
    Roof Deck
    Parking pad
    Available Dec 1st or Jan 1st
    $1800 a month + water quarterly.

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  • 10/19/2016 - Suzie Coronel 0 Comments
    315 S Washington – CHAP tax credit in Butchers Hill

    Situated perfectly among Fells Point, Canton, and Patterson Park; Butcher’s Hill is one of Baltimore City’s most charming neighborhoods. The streets are filled with a good mix of Hopkins students and medical professionals, young families, and singles alike.  Seems most homes have a green thumb since most have lovely flower boxes lining the facades through the seasons. A tight knit community association exists that organize street and alley clean ups, flea markets, and block parties. In my 12+ years of selling in this area, most buyers in Butcher’s Hill don’t sway from this area.

    315 S Washington Street, Baltimore, MD 21231 is a prime example of the type of home this area has to offer. A local Baltimore investor, Mason Properties, purchased this dilapidated row home. This well-known investor will not only bring life to this home, he’ll provide a CHAP tax credit property for a future home buyer. This home will have all new electric, plumbing, roof, framing, baths, kitchen, etc.

    This blog will take you thru the different renovation phases of 315 S Washington Street. The finished home will have all of the following:

    315 S Washington Street
    Master suite: complete with private bath w/ double vanity, deck access, and huge walk-in closet
    2nd level: 2 additional bedrooms, a shared full bath, linen closet, and laundry room
    1st level: Living room, gourmet kitchen with a separate dining room
    Roof deck to complete the 2 tiered deck

    ****Updated October 2016
    Framming and systems are going in. 

    **** Update November 2016
    This house is shaping up! The builder used marble tile in both full baths and dark wood floors throughout the entire home. It’s beautifully done. The roof deck is getting built now. Soon the kitchen will be installed. Check out these new photos. 

    ****Update Deciember 2016
    With just 5 days left in the year, Butchers Hill added another CHAP tax credit renovation to the Baltimore City market. ​​315 S Washignton is ACTIVE on the market today. 

    315 S Washington Street
    $325,000.00
    3 bedrooms w/ master suite and sitting room
    2 full baths
    wood floors
    granite and stainless in the kitchen
    roof deck
    covered shed

    I will be updating this blog as the renovation progresses. If’ you’d like to set up a tour, contact Suzie Coronel.

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  • 10/14/2016 - Suzie Coronel 0 Comments
    500 Talbott Ave – Lutherville Real Estate

    Lutherville has always been a popular neighborhood in Baltimore County. In 1969 this started out as a cookie cutter split foyer. The lifelong owner was a skilled mason. Two huge additions and a ton of brick work later, this home is anything but cookie cutter. 

    So many buyers in looking for Baltimore County real estate need to plan for growing families. With four bedrooms, a family room, an open living room and a huge kitchen with an island and table space, the original layout offered plenty of space for a growing family. Now the home has a large sun room and deck jetting off the back of the house. Since it’s lined with windows and screens, it’s a perfect room for family crab feasts. Hovering over the 2 car garage is a Great room, complete with a bar area, gas fire place insert and skylights. The master bedroom has an added walk-in closet. The 2nd bedroom has an added office off of it. On the lower level you will find a hot tub room with plenty of space to set up a home gym or spa. The fourth bedroom is down there as well. A traditional family room with a huge bar sits on the other side of the lower level. This room has French doors that lead to a 2 car garage. If you hadn’t noticed the skill of the mason, the second you walk into this garage, you’re sure to notice. 

    If you’re in the market for a large detached home under $400k, call Suzie Coronel to see this popular listing. Click here for other homes in the Towson / Lutherville area

    500 Talbott Ave, Lutherville, MD 21093
    $399,900.00
    4 bedrooms
    2.5 bathrooms
    2 fireplaces
    office/study
    sun room with deck
    great room
    2 car attached garage
    fenced in yard
    corner lot

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  • 10/06/2016 - CrabbyHomes 0 Comments
    Investing in Baltimore’s Highlantown

    The housing market can be a fickle thing, and while many people look to roll the dice and get lucky in the house flipping game few are able to turn a profit.  When working with Baltimore investors, or new home buyers looking to cash in on resale down the road, I always say Baltimore’s Highlandtown neighborhood is the place to buy now. Highlandtown, zip code 21224, boarders the booming neighborhood of Canton. Canton has it all: nightlife, shopping, restaurants, water views, and the price tag shows it. Curious how far your dollar goes in the Canton area, click here

    Lately I’ve been working with some smart millennials, on a first time home buyers budget. Many have decided to look slightly south to Highlandtown area. Highlandtown has long been home to Baltimore staples like Di Pasquales, The Creative Alliance Theater, and the always charming Laughing Pint. Highlandtown Main Street has a strong community force aiding in the area’s popularity.

    Additionally, in the last year we have seen the sale and demolition of the iconic Haussners building on Eastern Avenue which is to be rebuilt into luxury apartments, a Mount Pleasant church is set to become a seventy unit condominium building, and smart contractors are buying homes in need of rehab.  Hip new restaurants like "Snake Hill Tavern" and "Gnocco" are popping up on Highlandtown corners.

    The numbers don’t lie.  New rehabs are listing in the low 200’s and closing at or slightly under ask.  3 bedroom 1 baths in need of renovations are moving much higher than they were only five years ago but a savvy Baltimore investors  can buy in the 50-70K range and turn a heathy profit quickly. Curious what’s out there? Contact me!

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  • 08/03/2016 - Suzie Coronel 0 Comments
    2025 Bank Street – Butchers Hill CHAP tax credit rehab

    Just listing this evening – 2025 Bank Street has been one of the largest project we’ve done so far. The shell was 4 levels. We blew out the entire back of the house for a 3 level addition. It’s FIVE bedrooms with 4.5 baths, 2 baths have double vanities. The house is just over 2500 sq ft of finished space. Check out the final pictures below. The full rehab project from shell to demo to framing, to the completed home is below the final pics. Thanks for following us thru the CHAP tax credit renovation. Call Suzie Coronel at 410-336-2569 if you’d like a tour of the finished property. 

    ****OPEN HOUSE SUNDAY, NOV 27, 2016 from 11-1pm****

    2025 Bank Street, Baltimore, MD 21231
    CHAP tax credit with the pre-improvement appraisal @ $150,000.00
    5 bedrooms
    4.5 baths
    4 finished levels
    hardwoods throughout
    2 tier rood deck
    sep dining area
    angled parking
    Butchers Hill neighborhood

    (click the pictures for a larger view)

    **********Original Blog from the Start**************
    Holly hell! We really demolished this one! Butchers Hill’s newest CHAP tax credit is on the way. This property is sandwiched between 2 great neighbors. I am happy to report that they were both very pleased to see the remodel go into action! This property is located on a one way street with angled parking. It’s close to Fells Point, the water, Canton and the park. 

    Once complete this house will be 4 finished levels. Take a look at the pictures when the shell was purchased:


    This is a big job! The builder is blowing off the back of the house so that there can be additions on all 3 above ground floors. Check these pics out of the demo:


    ​​Here is a quick video of the demolition to the back. Hard to believe that this house will shine from top to bottom before the end of the year:

     

    We are just about sealed up and framed. Here’s a peek at the latest progress on 2025 Bank Street. HVAC and other systems are getting ready to go in. The kitchen has been ordered and flooring is getting selected soon. Staircases should be in first of the week. 

    Stairs and systems are in and drywall has been delivered. Concrete has been poured into the basement. Both decks are in the works!
    What’s next? We need to pick out the flooring, tiles, vanities, hardware, paint, lighting, and more! Stay tuned for the next update. The house will start looking like a house!

    The end is soon near! Bathroom tile is up. The kitchen cabinets are installed. Painters are there today. Ordering the applicances this week. Wood floors are getting installed next! Check out the progress pictures below. 

    2025 Bank St in Butchers Hill is just about ready to hit the market! Painting and finishing touches are being done now. Once the cleaning crew comes thru, it’ will be ready! Check out the lastest pics!

    I’ll be updating this blog regularly. Let me know what you think or if you have any questions. Comment below, we love to hear from you

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  • 08/03/2016 - Suzie Coronel 0 Comments
    626 S Curley St – Canton CHAP tax credit rehab

    What’s a "shell"? For some it’s a shiney piece found along the beach. For others it’s a blank slate that most Baltimore City area builders and investors can’t wait to get their hands on. You see a "shell" in the construction / real estate world is a house that is worth more once all the insides are ripped out. Builders will gut the walls, floors, and systems then rebuild the interior to fit more modern stardards. A good shell has nothing to do with number of baths or if the applainces work. For example a good shell in Canton is based on it’s location, the square footage and ablitily to provide a parking space. Most knowledgable builders are also applying for the Baltimore City CHAP tax credit. This process has to start from the beginning, before the demoltion begins. 

    Let’s take 626 S Curley Street, Balimore, MD 21224 for expample. This is a recently purchased shell in the Canton area. This is what the house looked like when the builder purchased it:


    This is after demolition:


    Here is a quick video to get a better idea of the word GUT!

    ​​Systems and framing are next for this one. I’ll be sure you update! Have a comment, see below. We love to hear from you! 

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  • 06/30/2016 - CrabbyHomes 0 Comments
    8013 Park Haven: Renting vs Buying

    Many people renting a home question if they are throwing their money away month after month by not buying a home of their own.  First time home buyers are often shocked to learn that they could own their own home for less than what they are paying in rent right around the corner from their current residence. 

    Take 8013 Park Haven for example, this home is listed at only $149,000.00.  I asked our preferred lender, Coastal Lending Group, if a first time home buyer is puts 3.5% down on a 30 year fixed mortgage, wha’ts their estimated monthly payment. Jon Vitak of Coastal Lending Group, responded that it would cost is less than $1100.00 a month.  This makes buying a smart move especially when comparable rentals in the area run from $1,200.00 to $1,500.00 per month.  Ask yourself: Why am I waiting to buy?

    8013 Park Haven sits directly park side in a quiet Dundalk neighborhood in Baltimore CountyIt features 2 bedrooms, 2 full bathrooms, brand new stainless steel appliances, and new roof.  This well maintained and affordable row home is the perfect starter house for first time home buyer or family. See below for some property photos. I help a lot of first time home buyers get into thier new home. If you’d like help, please contact me!

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  • 04/05/2016 - Suzie Coronel 0 Comments
    2503 Foster Ave – Canton CHAP tax credit rehab

    Ever wonder what these brand new CHAP tax credit houses looked like before all the highend finishes go it? It takes a skilled eye for sure. The builder for 2503 Foster Ave called me to list his new rahab. I told him that I’d like to come thru a take some construction pictures all throughout the process. I think Canton home buyers apprciate seeing what’s been hide the finished walls. 

    In 75 days 2503 Foster Ave will have:
    3 finished levels
    3 bedrooms
    3.5 baths
    2 tier roof deck
    Wood floors throughout
    Kitchen with granite, stainless, wine racks, breakfast bar, free standing hood, and a beautful backsplash
    Exposed brick
    Brick patio for enterianing 

    **** May 16, 2016 UPDATE ****
    It’s almost GO TIME! I went thru 2503 Foster Ave, Canton’s latest CHAP tax credit renovation, this morning and took a few more pictures to update the progress of the renovtion. I’m happy to report that drywall is up from top to bottom and the paint colors have been choosen. Brand new roof is on. The kitchen cabinets are in and hung. The wine rack was a nice addition! The tile in all 3 full baths is laid and looking sharp. I think most will be please with the large bedroom size as well as the tall basement ceiling hieght. The bi-level deck view…check it out for yourself. We will be active by June! If you’d like to see in now, call Suzie Coronel at 410-336-2569. 

     I will be adding to this blog as the builder continues. If you would like a site tour or you are unsure about the CHAP Tax Credit, contact me Suzie Coronel 

    **** June 23, 2016 UPDATE ****
    Live and on the market! 2503 Foster Ave is on the market at $374,900.00. This house shines on all 3 finished levels. Hopefully you have enjoyed watching the phases of this renovation, below are some of the finished pictures. It came out even better than I expected. These 100+ year old homes have so many challenges, it’s fun to watch this builder strategically layout the the floor plans. Let me know what you think, scroll up and leave a comment!

    Would you like to see to take a private tour? If so please either call 410-336-2569 or email Suzie Coronel

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  • 02/29/2016 - Suzie Coronel 0 Comments
    Should you refinance NOW?

    Current mortgage interest rates are at a 2 year low. If you haven’t looked into refinancing, now is a great time. FHA rates are as low as 3.25% fixed. Fannie Mae rates are as low as 3.5% fixed. VA rates are as low as 3.25%. ​Coastal Lending Group has the ability to "lock and shop" the interest rate. Prior to closing, as the market improves, you can capitalize on the improvements with a lower rate or higher lender credit!

    If you purchased a home with me or you are a friend, you know that my preferred lender is Jon Vitak of Coastal Lending Group. I have included his contact information in the event you want to review your loan with him. Tell him CrabbyHomes sent you! 

    Whether you refinance your mortgage or not, the current market dictates that you should at least see what your options are considering the all-time low rates we are experiencing right now. See below where your loan fits in.

    • If you have a 3.75% or higher interest rate on a FHA loan, you may qualify for a FHA streamline at 3.375% with no closing costs (the bank pays the closing costs). 
    o No appraisal 
    o No income required 
    o Lower reduced mortgage insurance on loans originated prior to Jan 2015 (Saves about $42 per 100K borrowed) 

    • If you have a Conv/Fannie Mae loan above 4%, you may qualify for reduction. Current rates are 3.5% fixed (80% Loan to Value or lower) 
    o If you pay monthly mortgage insurance, you may be able to lower your rate and remove the MI 

    • If you have a VA loan above 3.75%. You should qualify for a 3.25% fixed rate with all closing costs paid. VA IRRL (VA Interest Rate Reduction) 
    o No appraisal 
    o No income required 
    o No monthly mortgage insurance 

    Jonathan Vitak, Owner/President  
    3600 O’Donnell St, Suite 1F, Baltimore, MD 21224  
    410-276-3404 (office)  jvitak@clgroup.biz

    In case you need some help with a few real estate terms

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  • 02/19/2016 - Suzie Coronel 0 Comments
    Highlandtown Facade Grant Program – 3711 Eastern Ave

    Are you seeing a lot of developement along Eastern Ave in Highlandtown? We all are seeing it! I had the opportunity to meet with Amanda Smit-Peters a few weeks back. She’s a breath of fresh air for the commuity. Her excitement has proven to be contagious. I set up a meeting to discuss one of my commercial store fronts for sale at 3711 Eastern Ave, Baltimore MD 21224. The property sits in the middle of the high traffic Eastern Ave. I am getting a lot of calls from investors out of the DC area. Most aren’t familiar with the on-going development on Eastern Ave. Meeting with Amanda was much needed. 

    Since 3711 Eastern Ave is a store front with commercial space on the ground level and an apartment on the upper level, I wanted to be sure I had a good understanding of the popular facade grant program that Highlandtown Main Street assists in. Amanda was able to get me a very informative PDF of the Facade Grant Program. The process seems fairly straight forward and Highlandtown Main Street is eagar to help. But here is what I find most important:.

    Key points of the Facade Grant Program ​​:
    1. It’s for the exterior facade.
    2. It offers UP TO $3000 of matching money and free design help! (ex. If the total cost of the project is $5000, you will be reimbursed $2500)
    3. Like any grant program: YOU MUST APPLY AND BE APPROVED BEFORE starting the project. 
    4. You will need 2 estimates for the work you are wanting done. (**see below for some suggested contractors I’ve found)
    5. Once approved, you have 30 days to start the project. 
    6. Keep all documentation and receipts. 

    3711 Eastern Ave is for sale, listed at $149,000.00. 
    Join in the redevelopment of Highlandtown. Own a storefront on the road most traveled by. This Eastern Ave jem has one of the best showcase windows on the street. Come to the immediate area and witness the new development surrounding it.
    The commercial space is updated with exposed brick, wood floors, tin ceiling, a full bathroom, and CAC. The property has 1br apartment upstairs featuring a full bath, 1 bedroom, a living area, full kitchen, and a stacked W/D. Building offers 2-3 car parking in back. Building is correctly zoned B 2-3.

    Below are a few pictures of 3711 Eastern Ave. 
    Please contact me if you need more information or would like to schedule a showing.  

    **Below is some helpful info on contractors that are familiar with the process and construction:

    For signs:
    -Fastsigns in Dundalk (ask for Jim or Angel)
    Signarama in Fells Point

    Awnings:
    The recommended material is called "Sunbrella"—it looks great and is used for boats/outdoors, so it doesn’t fade!
    A. Hoffman Awning Company   
    Signarama in Fells Point   

    General Contractors:
    For the other work needing to be done, it’s recommend that you contact your Main Street office for assistance.
    Highlandtown Main Street will also help on a sign/awning design, just call their office!  

    The MOST IMPORTANT part of this process is APPLY & GET APPROVED with the Main Street office BEFORE BEGINNING ANY WORK! (or you may not be eligible for a 50% reimbursement)

    If you have other questions, contact me at 410-336-2569 or suzie@CrabbyHomes.com 
    Let me show you what great things you can do with 3711 Eastern Ave!

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  • 12/11/2015 - Suzie Coronel 0 Comments
    Just released: CrabbyHomes.com the new website

     Since the recent expansion of CrabbyHomes, we needed a new website to showcase the team. We are happy to announce that after over 3 long months of redesigning and tweaking, www.CrabbyHomes.com is now up and running with a brand new look! The fresh new site not only looks great but it’s truly helpful. 

    Buyers/Renters – you’ll be able to search homes and read about the different neighborhoods. On the new site you’ll also be able to understand the buying process, look up real estate terms, and inquire about a loan

    Sellers/Owners – you can reach out to us from the site to inquire about what your house is worth. Need something done to your home? CrabbyHomes has a ton of quality resources. Here you can find a few of our helpful contractors.

    We hope you like the new site just as much as we do! While you are clicking thru, don’t forget to read up on how Suzie Coronel can help you in this fast pace real estate market.
    Don’t forget to let us know how you like the site, scroll up to leave a comment! 

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  • 09/11/2015 - CrabbyHomes 0 Comments
    612 S Kenwood Ave – Canton CHAP tax credit rehab

    Summer is quickly coming to an end. Folks are taking their last minute vacations. Those with children are getting them ready to start a new chapter.
    However, in real estate, we gear up to finish the year out strong! Baltimore real estate is thriving. In fact most Realtors will tell you that there wasn’t the usual break in August / September. In Baltimore City, CHAP tax credit properties are also still thriving. 

    612 S Kenwood Ave, Baltimore, MD 21224 is a new CHAP tax credit renovation in the heart of Canton. This home went thru the entire CHAP tax credit process. Here is a short time line on the CHAP process from start to finish.

    2-23-2015 – 612 S Kenwood was purchased for $157,000.00. The assessment at the time of purchase was $163,867.00.
     – Current pictures of historical features and a scope of work was submitted into the CHAP tax credit office. 

    3-09-2015 – The CHAP tax credit office appraiser came out to the house to verify the conditions as well as set an appraised amount before the renovation. 

    4-30-2015 – I received the "Historic  Rehabilitation and Restoration Tax Credit Application Preliminary Approval" via email. This allows us to pull permits, start demo and build the reconstruction.

    8-13-2015 – The house took roughly 3 and 1/2 months to completely renovate. Everything from top to bottom was replaced and upgraded. In order to get full approval from the CHAP tax credit office, there are lists of guidelines and procedures that must be followed. 

    9-02-2015 – The final docs were submitted to the CHAP tax credit. This includes renovation pictures, cost summary, and permits pulled. 

    We are now waiting on the city appraiser to come back out to see the renovation, confirm that the proposed scope of work was done, and give an appraised value to the finished home. That will follow with a letter from Historic  Rehabilitation and Restoration Tax Credit office with a full approval and this completes the process with the city offices. 

    612 S Kenwood Ave – Canton – CHAP tax credit home
    $399,000.00
    4 bedroom, 3 full baths, 3 finished levels
    wood floors throughout
    granite on all counters including the 3 bathrooms
    Stainless in the kitchen, with island
    easy parking pad
    2 level roof deck

    Here are a few BEFORE and AFTER pictures that you might enjoy seeing. 

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  • 07/21/2015 - CrabbyHomes 0 Comments
    6330 Bayberry Ct #805 – Cheaper than rent

    Most first time homebuyers compare what they are paying in rent to what they would be paying to purchase. Most just assume that it’s much cheaper to rent than to buy. Within the Elkridge Town Center Condo complex, the going rent for a 2 bedroom / 2 full bath is about $1600/month. You can own for less, and here’s how:

    I just listed 6330 Bayberry Ct #805, Elkridge, MD 21075. It’s a nice condo that offers 2 large bedrooms and 2 full baths, perfect for a roommate situation. The condo has a good size outdoor balcony with 2 screen doors. The unit includes a washer and dryer, hardwood floors, a breakfast bar in the open kitchen w/ additional space for a table, open floor plan with a fireplace. Condo fees include community pool, exterior maintenance, water, sewer, and master insurance policy. Contact Suzie Coronel for a private showing! 

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  • 06/30/2015 - CrabbyHomes 0 Comments
    3200 Fleet Street in Canton with Garage

    It’s a tough call for a builder in the Baltimore area to decide if proceeding with the strict guidelines of the CHAP tax credit is worth all the restrictions. In most cases, it’s definitely worth it. So many of these "shells" are constructed the same and will have the same type of renovation. But once in a while you come across a shell that needs a complete overhaul and the potential to be more creative is there but not within the CHAP tax credit guidelines.  

    3200 Fleet Street in Canton, MD was a tough call. I helped my investor pick up this shell with all the intensions of applying with the 10 year CHAP tax credit. The shell is 3 levels, end of group, with an attached garage. The CHAP guidelines wouldn’t allow the builder to extend the top level over the garage. The builder decided that the house was better off not conforming to the strict guidelines and is building the house to maximize the potential, unfortunately without CHAP. 

    Here are some of pictures of his rehab process, enjoy! 
    (Follow the renovation on the CrabbyHomes FB page)

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  • 06/15/2015 - CrabbyHomes 0 Comments
    11487 Rawhide Road – a clean short sale

    If you are a Baltimore Realtor or a buyer in this market, chances are you have walked into a short sale that’s on the market. It has been my experience that most of the short sales that I show aren’t well kept. Why, you ask? My best guess is that most owners of short sales are NOT current on their mortgage and have just given up on the upkeep of the home as well.

    But once in a while you find a short sale that is impeccable with owners that show pride of ownership! I just listed 11487 Rawhide Road in Lusby Maryland.  The owners have kept this house in great condition. Nice wood floors, clean carpets, well taken care of systems, etc… Check it out! 
    Built in 2006, this house sits at the end of a private street. Home is large and in great condition. Master suite is large w/ an attached full bath w/ separate tub and shower. The suite also has a walk-in closet as well as another room that would be a great nursery or office. Other 3 BR are on the top level and a good size, sharing a full bath. he main level has an open floor plan and an extra room for a formal sitting room or office. An attached, 2 car garage and lovely grounds complete this property. SS being negotiated by Todd Heise, Esq.

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  • 04/22/2015 - CrabbyHomes 0 Comments
    New Listing | 2808 Airdrie Ave | ABINGDON

    Spring is here, ready, set, go! If you were to poll a million people, "what’s the best time to sell a house?" I’m pretty sure everyone would answer….SPRING TIME! Well it’s here and if you’re Baltimore Realtor in this rollercoaster of an industry, you’re on an instant high. It’s a great feeling to list a house and feel like it will be under contract before you get a chance to syndicate and advertise the listing. 

    I have a few ideas of my own why it think spring is a popular time to sell your house:
    1. Most school’s end of the year is in May/June. Elementary, middle, high, but I think mostly college puts the home buying in motion. I’m not saying that college kids are a major percentage of buyers every year. I am say that those college kids that start renting, usually start and end a lease in May/June or August/September. That cycle stays with you as to move into different locations. SO when you buy your first house, you are usually still in that same cycle. This also means that the sellers of the home the recent grads are buying, are also buying someone else’s home. The buying and selling of homes is mostly a gigantic chain reaction!

    2.  By the spring, you have totally recovered from the holidays. The weather has changed and flowers are in bloom. I always feel like it’s easier to get your day started when it’s sunny and 70 degrees! A listed home gets better daylight in the warmer months. As buyer tour your home, you don’t have to worry about tracking snow and shoveling a walk way. Showing houses is just easier in the spring! 

    Here is a house that I just listed. 2808 Airdrie Ave, Abingdon MD 21009
    This house is quite large, with 2400 sq ft above ground and an entirely finished basement. The house feels barely touched as the owners have been meticulous on the maintenance. The big backyard is fenced in, there’s an attached 2 car garage, and a low maintenance deck out back. Sellers installed new carpet throughout, bathroom vanities (double), kitchen SS appliances, and high efficiency steam washer and dryer. With 4 bedrooms, a fully finished basement, 2 walk-in closets, and a ton of storage – this house is ready for you to spread out! Home is located in the popular Bel Air school district. 

    4 large bedrooms
    2.5 baths (2 baths have double vanities) 
    3 finished levels including a large open basement
    Wide open backyard with a recently installed fence
    Low maintenance deck off the kitchen w/ sliders. 

    Let me know if you’d like more information on this house!
    Suzie Coronel – Cummings & Co. REALTORS​​ 

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  • 04/15/2015 - CrabbyHomes 0 Comments
    Things to do in Baltimore City 2015

    The Orioles’ Opening Day kicks this city into some serious spring fever! The Yankees (Booooo) are in town and snow plows are put away. Lineups of all the summer festivals begin to fill your Facebook feed.  The Baltimore real estate market is at the year’s prime and open House signs fill the streets. Charm City has a heartbeat again! 

    Baltimore is the center of so many attractions and for a solid 9 months there are a ton of great events going on.
    If you were to buy in these popular neighborhoods, (Fells Point, Patterson Park, Canton, Butchers Hill, Brewers Hill, Federal Hill, Locust Point, etc.) most of the area attractions would be walkable for you. Thanks to Uber, if you can make the walk, they are still easily accessible. Here are just a few events that make Charm City so damn charming:

    1.        4/6 – 10/4 – Orioles’ Magic at Camden Yards
      http://baltimore.orioles.mlb.com/schedule/sortable.jsp?c_id=bal&year=2015
    2.        4/18-19 – Privateer Festival
      http://www.fellspointmainstreet.org/privateerfestival.htm
    3.        4/25 – Charm City Bluegrass Festival
       http://charmcitybluegrass.com/event/charm-city-folk-bluegrass-festival-2015/
    4.        4/26 – Federal Hill Spring Block Party
      http://www.historicfederalhill.org/www
    5.        4/1-2 – Flower Mart
      http://www.flowermart.org/
    6.        5/2 – Kinetic Sculpture Race
      http://avam.org/news-and-events/events/kinetic-benefit-show.shtml
    7.        5/2 – 11/22 – Fells Point Farmer’s Market – Every Saturday from 7:30am-12:30pm
      https://www.facebook.com/pages/Fells-Point-Farmers-Market/177166742337662?fref=ts
    8.        5/2 – Dare Theory 
    9. http://www.daretheory.com/baltimore/
    10.        5/6 – 10 – Maryland Film Festival
      http://www.md-filmfest.com/
    11.        5/7 – WTMD First Thursday’s Concerts in the Park (May 7, June 4, July 2, Aug 6, Sept 3)
      http://wtmd.org/radio/first-thursday-concerts-in-the-park/
    12.        5/16 – Preakness
      http://www.preakness.com/
    13.        5/17 – BikeJam
      http://bikejam.org/
    14.        5/21 – Patterson Park Wine Tasting
      http://pattersonpark.com/wine-tasting-2015/
    15.        5/21 – 24 – MD Death Fest
      http://www.marylanddeathfest.com/
    16.        5/23-24 – Brew at the Zoo
      http://www.marylandzoo.org/event/bbt-presents-brew-zoo/
    17.        6/2 – Believe in Tomorrow Cash Bash
      http://believeintomorrow.org/event/cash-bash/
    18.        6/6 – Food Truck Festival and Competition
      http://www.tasteofthreecities.com/
    19.        6/7 – Federal Hill Jazz & Blues Festival
      http://www.historicfederalhill.org/www
    20.        6/13-14 – HonFest
      http://www.honfest.net/
    21.        6/20  – Baltimore Wine Fest
      http://www.baltimorewinefest.com/
    22.        6/20-21 – African American Festival
      http://www.africanamericanfestival.net/
    23.        6/27-28 – Latino Festival
      http://www.latinofest.org/
    24.        7/3 – 8/28 – Little Italy Open Air Film Fest (Friday nights in July & August)
      http://baltimore.orioles.mlb.com/schedule/sortable.jsp?c_id=bal&year=2015
    25.        7/4 – 4th of July Celebration and Fireworks @ Inner harbor
      http://www.promotionandarts.org/events-festivals/fourth-july-celebration
    26.        7/17-19 – Artscape
      http://www.artscape.org/
    27.        7/25 – 26 – Baltimore Pride
      http://www.baltimorepride.org/
    28.        8/5  – Hot August Blues Festival
      http://www.hotaugustmusicfestival.com/
    29.        8/7-9 – BronyCon
      http://www.bronycon.org/
    30.        8/28 – 9/7 – Maryland State Fair
      http://www.marylandstatefair.com/
    31.        8/29 – 10/25 – Maryland Renaissance Festival (out in Crownsville but def worth a trip)
      http://www.rennfest.com/
    32.        9/19 – Baltimore Seafood Festival
      http://www.baltimoreseafoodfest.com/
    33.        9/25 – Maritime Magic
      https://livingclassrooms.org/event.php?event_id=2
    34.         9/25-27 – Baltimore Comic-Con
      http://www.baltimorecomiccon.com/
    35.        10/2-4 – Fells Point Fun Festival
      http://www.fellspointfunfest.com/
    36.        10/10-11 – Pigtown Festival
      http://www.pigtownfestival.com/
    37.        10/14 – Kickoff to the Windjammer Race Event (Tall Ship Parade)
      http://www.libertyfleet.com/tall-ship-cruise/cruise-descriptions/chesapeake-schooner-race
    38.        10/17 – Baltimore Running Festival
      http://www.thebaltimoremarathon.com/

    Hope you make it to your favorite events but definiately check out some new ones! Safe travels. 

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  • 12/08/2014 - CrabbyHomes 0 Comments
    1806 Lombard Street in Butchers Hill 21231

    Butchers Hill is getting lots of attention for all sorts of buyers these days. With Hopkins right behind the Butchers Hill neighborhood, has certainly becme popular with medical students along with doctors/nurses and other staff. All throughout the day and into the evenings you are sure to see a rainbow of scrubs walking, biking or catching the conveinent shuttle to and from the Hopkins facilites. Many of the homes in the area are large enough to have 3+ bedrooms. In many cases I have medical students looking for houses that will also allow for roommates. 
    Another popular group trending in the Butchers Hill area are fmailies! Yes, couples are staying in the city and raising their families here! Not only does Butchers Hill have homes with the square footage that a growing family needs but there seems to be a sense of community that folks are attracted to. Locally the schools are getting betterr reviews, there are shared green space for gardening, and one of the largest parks in the city doesn’t hurt either! 
    The seller’s of 1806 Lombard Street are a family of 4. they came here from NYC and have to move again due to work. While they are trying to stay positive for the big move down south, they are heartbroken to leave the area and the great families they have met. When asked what they will miss the most their reply to me was being able to walk everywhere but especially the Fells Point Market on Saturday mornings. 

    1806 Lombard St, Baltimore, MD 21231
    3 true bedrooms, 2.5 bathrooms, 3 finished levels, hardwood floors throughout, exposed brick, CAC
    Offered for $259,000
    Interested in seeing this house or others, contact me!  

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  • 09/25/2014 - CrabbyHomes 0 Comments
    261 S Ann Street – CHAP rehab in Fells Point

    I always enjoy taking Baltimore buyers to Canton, Fells Point, and Federal Hill to see the newly rehabbed CHAP credit houses. I like to show my clients how different each row home can look in the inside. In many cases, buyers go thru the listings looking at the exterior picture and deciding if they want to see it or not. These fully renovated row homes can be quite the surprise once you open the front door. As an agent and investor, I like to see each builder’s creative layouts, trendy finishes, and space-saving ideas. It’s good to see these with buyers too so you can see what things are immediately liked and how one layout mistake can ruin an entire sale.

    I am working on 261 S Ann Street in the Fells Point / Butchers Hill area. Here is what it looked when I bought it:

    I bought it because of the great location. The owner of this home will be able to leave their car parked all weekend because of how close the area’s attractions are to their front door. The home itself is wide and deep. As we were planning out the rehab for this, we were excited to be able to keep the historical rounded staircase. Much to our surprise the wood floors throughout are completely salvageable!

    Systems are going in. Kitchen cabinets have been ordered.  Soon drywall will be hanging and the fun starts. Selecting tile, lights, handles, faucets, paint colors, etc. is when you can really start to see the house come together.

    I’ll post an update once that starts. You can see more pictures of the progress on my CrabbyHomes FB page. Click "albums" too see all the before and construction photos. I am an active agent in the popular city of Baltimore with a tigh grip on the developement in the area. Let me help you get a CHAP credit rehab BEFORE it hits the market! Learn more about me and how to contact me here

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  • 08/26/2014 - CrabbyHomes 0 Comments
    More CHAP credit properties coming to Canton and Fells Point

    The hot tickets in Canton, Fells Point, Locust Point and Federal Hill are the newly renovated homes with CHAP credits. But most home buyers would be shocked at what some of these homes look like before the rehab. Below are some new CHAP houses coming to the market for sale. See what they looked like before and during the rehab.   

    519 S Curley Street – 21224 – CANTON: BEFORE & DURING  

    261 S Ann Street – 21231 – FELLS POINT: BEFORE & DURING​

    Here is a list of some up coming CHAP homes in the most popular areas of Baltimore City:
    1. 519 S Curley Street – 21224 – 3 bedroom, 3 full bath, 3 finished levels, easy parking, roof deck
    2. 261 S Ann Street – 21231 – 3 bedroom, 3 full bath, 3 finished levels, roof deck, end of group
    3. 614 S Kenwood – 21224 – 3 bedroom, 3 full bath, 3 finished levels, easy parking, roof deck
    4. 3213 Foster Ave – 21224 – 3 bedroom, 3 full bath, 3 finished levels, easy parking, roof deck
    5. 3200 Fleet Street – 21224 – 4 bedroom, 3.5 full bath, 3 finished levels, roof deck, garage parking, end of group

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  • 07/29/2014 - CrabbyHomes 0 Comments
    Top 10 Things Your Baltimore Realtor Wants To Tell You But Doesn’t
    1. Has your Baltimore Realtor asked if you been approved? I know, it sounds slimy. BUT have you? And let’s just say you have been approved for $450k….do you know what those monthly payments are? We ask because it gives us the best idea of what homes to show you. We don’t ask to be rude. 
      **It’s best to have your lender work your numbers backwards as sometimes you qualify for more than you are comfortable spending. This time tell your lender that you don’t want to be more than X amount a month. Let them tell you want to target.​​

       

    2. Do you have to sell your Baltimore house in order to buy another? Yes? So list it now! No sense in looking at homes until you have a contract on your current house. Chances are that by the time your house goes under contract, the homes you look at won’t be available.

       

    3. Showings: We have to schedule showings directly with the listing agent, a showing service, or an office admin. Not all listings are easy to schedule. Some sellers have pets. Some have sick kids at home. Some have renters that NEVER want to allow people in.
      ** It’s best to give your agent at least a day’s notice so we have time to set them up.  Oh…and if you can limit them to 5 or less a day, that’s great.
    4. You get a lowball offer on your listed house. It’s ridiculous that someone even offered it.  COUNTER! Don’t be a jerk and try to prove a point and just reject it. 
      **Some people need to see hear NO from the seller(s). Counter to show interest.
    5. Once under contract you can’t keep asking permission to go back inside, vacant or not. 
      **Best time to measure is at your long home inspection!
    6. Buyers guess what….you may never be able to buy your Baltimore dream house. So focus on getting the best you can afford now.

       

    7. You bought your house 8 years ago and you never upgraded a thing. Why would you think it’s worth 100k more than you what you bought it for? 
      **Much like the iPhone, your home needs upgrades as well to keep value.
    8. DON’T decline showings. For real…you should make it easy for agents to show. In many cases once an agent gets declined to show, they don’t think to reschedule. Make it work.

       

    9. DON’T stay home while a Baltimore agent and a potential buyer is looking at your house. It makes it awkward for everyone.

       

    10. And the top 10th thing that your agent want’s to say to you but doesn’t know how….when looking at homes, and the minute to walk in, you hate it…..LEAVE! Don’t waste time complaining about the payout of a house you will never make an offer on!
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  • 04/11/2014 - Suzie Coronel 0 Comments
    How to Hire a Contractor

    Part of being a good Realtor is having the right resources for your clients. As a Realtor you are typically the first person buyers and sellers call when something needs to be fixed or upgraded within their home. As my calls increased for an assortment of home improvement specialist so did the calls for several other business types.  Over the years I have made a conscious effort to keep a running list of as many home improvement contacts as I can. Like-wise I have other businesses that refer constantly.

    What is important in a home improvement contractor?

    So many people get turned off when a contractor doesn’t take your call immediately. But think about that for a moment…most actually work the field. They are under decks, lifting HVACs , climbing on roofs, hanging drywall, etc. I most cases, expect to call a contractor a few times and be sure to LEAVE A VOICEMAIL. A good contractor for any service is hard to find, so kill them with kindness.

    The #1 characteristic that I value the most is weather the contractor is familiar with the area and type of house.

    There are contractors that do very well in new constructed homes.
    ex. Some painters do better when they can use sprayers. If floors aren’t installed, which is usually a newly constructed home or a home with major renovations; they can use sprayers to paint. It allows them to cover a lot of wall square footage in a quick timeframe and very cost affective.

    There are some contractors that truly understand the quarks of a 100 year old row home.
    ex. The plumbing on Baltimore City row homes have certain characteristics that townhouses build in the 1990’s just don’t. Finding contractors that don’t need to research older homes is key. When a plumber can already tell me the problem before I finish explaining, it’s music to my ears. When they can tell me where the house ties into the city lines, it always reassures me.

    There are some contractors that specialize in certain areas.
    ex. Anne Arundel County is known for having Polybutylene Pipes, that failed dramatically. If you are buying a home in Anne Arundel County and you hire a home inspector that doesn’t know about this type of pipe, how are you supposed to get an accurate report?

    Some contractors have such good expert knowledge in their field, I feel comfortable referring them anywhere.
    ex. the master electrician I refer clients to no matter if they have an old city row home, a detached home in the county, or a condo. He has been doing this for so long that I trust his expertise in any sort of home or age of the home. 

    Here are the contractors and other businesses that I refer the most:

    HOME REPAIR:

    1.        Flooring: Wood Floors Plus – Steve Cratch –  410-636-9663  http://www.woodfloorsplus.com/
    2.        Electrician: Magothy Electric – 410-439-0088 http://www.magothyelectric.com/
    3.        Painter: Seneca Painting  – 443-992-1245
    4.        Decks: Tom McCleary – 410-236-9274
    5.        HVAC: Air Source, Inc – 443-605-5100  http://www.airsourceinc-hvac.com/
    6.        Pest Control: Defend Pest – 410-633-9100  http://www.marylandpest.com/index.html
    7.        Home Inspection: Home Sweet Home Inspections – Ryan Siegler – 301-390-HOME
    8.        Pool / Spas: NOVA Builders – Mark  (builder) & Tom (inspector) 410-766-1770
    9.        General Repairs: American Home & Property Services – Lisa Heisey – 443-613-6973  lisa.heisey@amresinc.com
    10.        Pier & Bulkhead Build/Repair: Chesapeake Pile Driving, Inc – Todd "Gator" Scott – 443-604-8451
    11.        Windows/Siding/Roofing: Horizon Construction Co. Inc – Steve – 410-256-6561

    ***Contact me for others*** 

    LEGAL & FINIACIAL: 

    1.        Lending/Refi: Coastal Lending Group – Jon Vitak – 410-276-3404  http://www.clgroup.biz/
    2.        RE Attorney (Short Sales, Estates, Landlord/Tenant, etc): Heise & Heise LLP – 410-276-1983  http://www.heiselegal.com/
    3.        Home & Auto Insurance: Jim Himes  – 443-837-2071
    4.        Title Attorney: Capitol Title – Chris Sadler – 410-465-2437
    5.        Commercial Lending: Susquehanna Bank – Sidney Minor – 410-539-0636  sidney.minor@susquehanna.net

    OTHER…(cause I always get these questions)

    1.        Auto Mechanic: Hamilton Goodyear – 410-426-2220  http://www.hamiltongoodyear.com/
    2.        Social Media/Advertising: Savin Media Consulting – 443-742-5012  www.savinconsulting.com
    3.        Personal Trainer: Nick Strong (at Merritt Athletic Clubs) – nickstrong410@gmail.com
    4.        Hair Stylist: West End Studio: Victoria Kidd – 443-682-7631
    5.        Tax Accountant: Marty Peltzer – 410-526-0327
    6.        Business Accounting Advisor: BLK Accounting & Consulting LLC – Kelly Black – 443-310-1106  kelly@blkaccounting.com
    7.        Financial Planner: Celestial Weath Management – Colin Exelby – 443-438-7211
    8.        Financial Planner: Northwestern Mutual – Jason Bell – 410-659-6055
    9.        Event / Wedding Planner: Lemon and Lime Event Design – Katey Clark – 330-730-8407   Katey@lemonandlimeevent.com
    10.    Movers: Perry Movers – Sam Perry – 443-472-1565

    How to hire a contractor checklist:

    o   Do you need someone with an MHIC (Maryland Home Improvement Commission) license?

    o   Is your quote/estimate free?

    o   Can the company itemize your quote?

    o   Is the quote an estimate or is it a final total?

    o   Has the contractor done anything similar in the area?

    o   Is the person that came out to do the quote the same person who will be on site during construction?

    o   Will they be hiring sub-contractors in order to complete your project?

    o   Will they guaranty a completion date?

    o   Is there a deposit due before they start?

    o   Does the company warranty their work for a year?

    Hope you have found this helpful! Don’t hestitate to contact me with questions or contractors that you would like to recommend! 

    Suzie Coronel – Realor

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  • 01/28/2014 - CrabbyHomes 0 Comments
    Baltimore City Chap Tax Credit – The Definitive Guide

    If you are looking to purchase real estate in Baltimore City, chances are your Realtor has talked to you about CHAP credit properties. But do you really understand how CHAP credits work and how big the savings can be?

    What is the Baltimore City CHAP Tax Credit?

    It’s the most generous available tax credit in Baltimore City. The CHAP (Commission for Historical and Architectural Preservation) credit gives a 10-year credit to properties that have stayed within specific guidelines put in place by the city’s Historic Preservation. Guidelines include both exterior and interior parameters with the purpose to preserve the historic elements of a Baltimore City row house. The homeowner/investor has to re-invest a minimum of 25% of the full cash value on the property. In most cases the percentage of additional investment costs are closer to 75-100% more. Part of the approval process includes submitting photos of the property, a scope of work and a floor plan to the review panel BEFORE any construction starts. Once the improvements are complete and approved by the city, the credit is transferable from owner to owner through the life of the 10-year credit.  The CHAP credit has not only been a contributing factor to the revitalization of the historic city neighborhoods but also made city living more affordable.

    How does the CHAP tax credit protect Baltimore City historic districts?

    Historic buildings in Baltimore were originally built using materials and techniques that today are more costly to use than more basic alternatives.  By providing the tax break to only people who renovate properties using the more expensive, historically correct approaches, the CHAP credit is able to protect some of Baltimore’s most treasured buildings.

    In addition to several commercial buildings, currently the designated Historical Neighborhoods are (subject to mapped limits): Arcadia/Beverly Hills, Auchentoroly Terrace, Baltimore East/South Clifton Park, Bancroft Park, Barclay/Greenmount, Barre Circle, Bellona-Gittings, Better Waverly, Bolton Hill, Brick Hill, Business & Government Center, Butcher’s Hill, Canton, Cathedral Hill, Cedarcroft, Charles Village/Abell, Dickeyville, Druid Hill Park, Dundalk, East Monument, Ednor Gardens, Eutaw Place/Madison Park, Federal Hill, Federal Hill South, Fells Point, Franklin Square, Franklintown, Gay Street, Greenmount Cemetery, Guilford, Hampden, Hochschild Kohn Belvedere & Hess Shoes, Hollins-Roundhouse, Homeland, Hunting Ridge, Jonestown, Lake Evesham, Lauraville, Little Montgomery Street, Locust Point, Loft, Madison Park, Market Center, Mayfield, Mill Hill- Deck of Cards (Wilkens Ave), Montebello State Hospital, Mount Royal Terrace, Mount Vernon, Mount Washington, North Central, Oakenshawe, Old Goucher, Old West Baltimore, Original Northwood, Otterbein, Park Circle, Patterson Park/Highlandtown, Perlman Place, Radnor-Winston, Railroad, Reser, Reservoir Hill, Ridgely’s Delight, Riverside, Roland Park, Saint Paul Street, Seton Hill, South Central Avenue, Stirling Street, Stone Hill, Ten Hills, Tuscanny- Canterbury, Union Square, Upper Fells Point, Upton’s Marble Hill, Washington Hill, Waverly, Windsor Hills, Woodberry, and Wyndhurst.

    How to apply for Baltimore CHAP credits (get a Baltimore City Plan Review)

    When investors purchase "shells", homes that are in need of total renovation, the property has an assessed value. Typically this assessment is very low. A good investor will petition the assessed value if it seems higher then what it should.

    For example if a shell is SOLD for 50k and the assessment at the time of purchase is 90k, the buyer has the opportunity to file for an assessment appeal. A successful assessment appeal would result in a value of 50k or lower.

    Before the investor/builder is able to start demo and construction, he/she must apply through the city agency for a pre-approval of the CHAP credit. This involves a form, a new layout drawing, an explanation of redesign, and pictures of the current historical home and its features. Some important new design features are wood windows in the front, removal of form stone, rounded down spouts and gutters, and the cornice preserved or replaced to mimic the historical character. Once the home has finished construction, it’s usually sold and reassessed.

    How can help assist in the CHAP credit process on my behalf?

    There are several attorneys that can assist many different ways. A good contact is Todd Heise, Esq.  with Heise & Heise, LLP. Local to the Baltimore City area, with an office at 3218 Eastern Ave, Heise has hands on experience with aiding homeowners/investors in the document submission and appealing for accurate assessments. He can also help the new purchaser maximize their credit.

    Heise & Heise, LLP
    3218 Eastern Ave, Baltimore, MD 21224
    410-276-1983 (office)      TH@HeiseLegal.net

    How much money can be saved with the CHAP credit program?

    Using the example above let’s say the new value is 200k.

    Are you paying attention? Here’s the savings:

    1. Shell was assessed at 50k (city portion of taxes is 50k x 2.268% = 1134.00)
    *2.268% is per $100.00 of value
    2. The finished home is reassessed at 200k (city portion of taxes is 200k x 2.268% =4536.00)
    3. The "frozen" savings is $150,000. (150k x 2.268% = 3402.00)
    4. Year 1 taxes would be 4536 – 3402 = 1134.00
    5. IF the property’s assessment changes to (for example) 250k, your taxes would be (250k x 2.286) – 3402 = 2268.00

    Got it? Need more of an explanation? Call Suzie Coronel at 410-336-2569.

    44 Heath Street in Federal Hill is a good example of this credit. See the link for more details on this ACTIVE property. The progress of this home can be seen on my CrabbyHomes FB page. Below are some before and after photos. . 

    Read More
  • 01/28/2014 - CrabbyHomes 0 Comments
    Baltimore City Chap Tax Credit – The Definitive Guide

    If you are looking to purchase real estate in Baltimore City, chances are your Realtor has talked to you about CHAP credit properties. But do you really understand how CHAP credits work and how big the savings can be?

    What is the Baltimore City CHAP Tax Credit?

    It’s the most generous available tax credit in Baltimore City. The CHAP (Commission for Historical and Architectural Preservation) credit gives a 10-year credit to properties that have stayed within specific guidelines put in place by the city’s Historic Preservation. Guidelines include both exterior and interior parameters with the purpose to preserve the historic elements of a Baltimore City row house. The homeowner/investor has to re-invest a minimum of 25% of the full cash value on the property. In most cases the percentage of additional investment costs are closer to 75-100% more. Part of the approval process includes submitting photos of the property, a scope of work and a floor plan to the review panel BEFORE any construction starts. Once the improvements are complete and approved by the city, the credit is transferable from owner to owner through the life of the 10-year credit.  The CHAP credit has not only been a contributing factor to the revitalization of the historic city neighborhoods but also made city living more affordable.

    How does the CHAP tax credit protect Baltimore City historic districts?

    Historic buildings in Baltimore were originally built using materials and techniques that today are more costly to use than more basic alternatives.  By providing the tax break to only people who renovate properties using the more expensive, historically correct approaches, the CHAP credit is able to protect some of Baltimore’s most treasured buildings.

    In addition to several commercial buildings, currently the designated Historical Neighborhoods are (subject to mapped limits): Arcadia/Beverly Hills, Auchentoroly Terrace, Baltimore East/South Clifton Park, Bancroft Park, Barclay/Greenmount, Barre Circle, Bellona-Gittings, Better Waverly, Bolton Hill, Brick Hill, Business & Government Center, Butcher’s Hill, Canton, Cathedral Hill, Cedarcroft, Charles Village/Abell, Dickeyville, Druid Hill Park, Dundalk, East Monument, Ednor Gardens, Eutaw Place/Madison Park, Federal Hill, Federal Hill South, Fells Point, Franklin Square, Franklintown, Gay Street, Greenmount Cemetery, Guilford, Hampden, Hochschild Kohn Belvedere & Hess Shoes, Hollins-Roundhouse, Homeland, Hunting Ridge, Jonestown, Lake Evesham, Lauraville, Little Montgomery Street, Locust Point, Loft, Madison Park, Market Center, Mayfield, Mill Hill- Deck of Cards (Wilkens Ave), Montebello State Hospital, Mount Royal Terrace, Mount Vernon, Mount Washington, North Central, Oakenshawe, Old Goucher, Old West Baltimore, Original Northwood, Otterbein, Park Circle, Patterson Park/Highlandtown, Perlman Place, Radnor-Winston, Railroad, Reser, Reservoir Hill, Ridgely’s Delight, Riverside, Roland Park, Saint Paul Street, Seton Hill, South Central Avenue, Stirling Street, Stone Hill, Ten Hills, Tuscanny- Canterbury, Union Square, Upper Fells Point, Upton’s Marble Hill, Washington Hill, Waverly, Windsor Hills, Woodberry, and Wyndhurst.

    How to apply for Baltimore CHAP credits (get a Baltimore City Plan Review)

    When investors purchase "shells", homes that are in need of total renovation, the property has an assessed value. Typically this assessment is very low. A good investor will petition the assessed value if it seems higher then what it should.

    For example if a shell is SOLD for 50k and the assessment at the time of purchase is 90k, the buyer has the opportunity to file for an assessment appeal. A successful assessment appeal would result in a value of 50k or lower.

    Before the investor/builder is able to start demo and construction, he/she must apply through the city agency for a pre-approval of the CHAP credit. This involves a form, a new layout drawing, an explanation of redesign, and pictures of the current historical home and its features. Some important new design features are wood windows in the front, removal of form stone, rounded down spouts and gutters, and the cornice preserved or replaced to mimic the historical character. Once the home has finished construction, it’s usually sold and reassessed.

    How can help assist in the CHAP credit process on my behalf?

    There are several attorneys that can assist many different ways. A good contact is Todd Heise, Esq.  with Heise & Heise, LLP. Local to the Baltimore City area, with an office at 3218 Eastern Ave, Heise has hands on experience with aiding homeowners/investors in the document submission and appealing for accurate assessments. He can also help the new purchaser maximize their credit.

    Heise & Heise, LLP
    3218 Eastern Ave, Baltimore, MD 21224
    410-276-1983 (office)      TH@HeiseLegal.net

    How much money can be saved with the CHAP credit program?

    Using the example above let’s say the new value is 200k.

    Are you paying attention? Here’s the savings:

    1. Shell was assessed at 50k (city portion of taxes is 50k x 2.268% = 1134.00)
    *2.268% is per $100.00 of value
    2. The finished home is reassessed at 200k (city portion of taxes is 200k x 2.268% =4536.00)
    3. The "frozen" savings is $150,000. (150k x 2.268% = 3402.00)
    4. Year 1 taxes would be 4536 – 3402 = 1134.00
    5. IF the property’s assessment changes to (for example) 250k, your taxes would be (250k x 2.286) – 3402 = 2268.00

    Got it? Need more of an explanation? Call Suzie Coronel at 410-336-2569.

    44 Heath Street in Federal Hill is a good example of this credit. See the link for more details on this ACTIVE property. The progress of this home can be seen on my CrabbyHomes FB page. Below are some before and after photos. . 

    Read More
  • 01/23/2014 - CrabbyHomes 0 Comments
    Best Home Warranty Providers in Maryland

    Should I get a Home Warranty on the house? This is a question I get from most clients. Depending on whether I am representing a seller or a buyer, is how I respond. 

    Should Sellers Offer a Home Warranty in the Listing?

    I like to bring this up during the signing of a listing agreement while sitting with the owners, but usually they bring it up before I get the chance. Home owners can expect to pay between $400 and $500 for a full warranty. Most companies base their pricing on the whether the property is detached or a townhouse. You will also pay additional for multiple HAVC systems, septic/well plumbing, washer / dryer, etc. Assuming the buyers didn’t include a home warranty within their accepted sales contract, I like to keep a Home Warranty as a negotiation tool to use after the potential buyers do their home inspections.  For example if the buyers are nervous about the life expectancy of the home’s appliances or CAC but they came up in working condition during the inspection, this is a good way to ensure that in the event something were to happen with in the first year, they are protected. Buyers have the option to extend the warranty after the first year, but do so out of pocket. 

    Should a Buyer Ask for a Home Warranty in their Offer?

    Typically, I answer yes! For the same reason as above, its added protection paid for by the sellers for the first year. But there are always exceptions.  When a buyer is making an offer on a Short Sale or Foreclosure the answer is always NO. Why? It has been my experience that when banks are negotiating their short sale properties, there is never room for added costs. Most short sales and foreclosures are sold AS-IS. I make sure the buyer is protected with the addendum that allows an inspection. The process is called "As-Is with the right to terminate". This is allows my buyer(s) to have all the inspections they want within an allotted timeframe. Once completed, if they feel like there are more repairs than anticipated, they can terminate the contract with no questions asked.

    When else do I not suggest including it from the beginning? If the offer is already low without much room for an increase, it’s hard to ask for more from the sellers and can be argued easily. Sometimes sellers take low offers very personal. Asking for a home warranty ends up being salt in the wound. Now, if after the home inspection, I may suggest asking for a home warranty in lieu of repairs, especially if the results on the inspection are mostly on the working appliances.

    Which Home Warranty Do I Suggest?

    I have always had good results with American Home Shield (AHS). Clients have always reported to me that they had good response time and friendly contractors have come to their aid. But I just recently came across a Home Warranty Reviews in Maryland. I was happy to see that American Home Shield was ranked #2 with over all rates, customer service, and customer reviews. #1 was a company called Sensible Home Warranty. Their plans average less expensive and a lower deductible than AHS. I plan on contacting the Top 5 Home Warranty Companies for more information to be sure using the best suited.  

    How do Home Warranties Work? 

    The key to a warranty plan is to ALWAYS call the warranty company when something breaks or needs repair. The common complaint from policy holders is that the company wouldn’t reimburse them for get the repairs done on their own. You have to call the warranty company and they will send someone out.  Each company has preferred contractors/service companies that they have built relationships with. With most warranty companies there will be a deductible, like any "insurance" type product. The deductibles are usually from $50 to $100 each time a service is performed.  The nice feature is that most agree that if it can’t be fixed, it will be replaced. A new water heater is certainly more than $100!

    Bottom Line…

    Sellers – don’t kill a deal over a $500 warranty.

    Buyers – ask for one from the start on "regular" home sales. DON’T on a short sale or foreclosure; perhaps purchase one on your own.

    Don’t hesitate to contact me with your real estate questions OR suggest a BLOG topis you’d like more information on by Suzie Coronel   

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  • 01/17/2014 - CrabbyHomes 0 Comments
    Our New Site is Now Live!

    Our new website is finally up. We’ve worked hard to get a beautiful new site ready and we’re proud to show it off. Thanks for reading our blog. We have lots of great blog posts in the works. Please check back or contact us now to find out how we can help you.

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  • 12/09/2013 - CrabbyHomes 0 Comments
    Which side of the Baltimore real estate battle are you on: 21224 or 21230?
    It’s seems to always be up for discussion. Whether you have already purchased real estate in Baltimore City or looking to move, you’ll need to pick a side. Most don’t find it difficult to choose. As if the side you choose was something you were born with. It’s a tertiary tug of war. So popular that somewhere zip code t-shirts, you’ve seen them.
    Federal Hill 21230 or Canton 21224? When I get new buyers looking in the city "hot spots", my first question is usually "Which side?" Most are quick to respond without hesitation. And most NEVER change their minds. Both have the water’s edge, a plethora of bars, restaurants, boutiques, a Harris Teeter, the Water Taxi, and state of the art athletic clubs. But one can argue that as similar as they are, there is a different feel that each has.
    What’s the good word on Federal Hill 21230?The proximity to 95 South is usually a popular factor. A lot of buyers come to the city after finishing college and/or into their careers. With a lot of large employers being south of the city, on the west side and downtown, living in Federal Hill seems to be a preferred commute. Many are taking advantage of the Charm City Circulator. Another common perk is being able to walk to Camden Yards and M & T Bank Stadium.
    Canton 21224 is hardly second best… Buyers like being close to the other neighborhoods like Fells Point 21231, Inner Harbor East & Little Italy 21202. Being on the top side of 95 seems beneficial to those working on that end. The Harbor Tunnel 895 is also great for commuters needing to get to Annapolis, Fort Meade, etc. While the University of MD medical center is on the west side, Hopkins is on the east side. Hopkins has been a true contributor to the east side, filling the area with a lot of buyers from all parts of the world.
    In the recent news, the city has proposed a pedestrian bridge to connect the Inner Harbor to Rash Field. Will that change buyers from "taking sides"? Nah, but I hope I am here to see the bridge come to fruition.
    Who’s side are you on? Tell me on Facebook.
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  • 09/25/2013 - CrabbyHomes 0 Comments
    So You Have an Accepted Offer on a Home in Baltimore – What’s Next?

    There’s no better feeling for both a seller and a buyer when they get contracts ratified! But what happens next? The answer…a lot!  But it’s a little different depending on what side you are on. SELLERS, the first thing that you should be waiting on are requested repairs from the buyer. This request addendum will come from the buyer’s agent to the seller’s agent once the home inspection is completed. Typical things to expect; service and certify the HVAC, roof repairs, plumbing leaks, etc.  Other similar inspections are Radon, Pest, Water Quality, Septic, Lead Paint. Repairs can be negotiated but tread lightly; the buyer can walk if they are happy with the repairs you don’t agree to.  Get your repairs done and give all the receipts to your agent.
    If you have a HOA or Condo, now would be a good time to order the docs. They will typically charge you a fee for the "re sale package". Once you get them, get them to your agent ASAP so that the buyers can review. As there is an option to void the contract if the buyers don’t like what they read in the HOA or Condo docs! The appraisal usually happens shortly after the home inspection. The seller’s agent usually meets the appraiser at the house, hopefully with comps in hand. Appraisers can be tough. With FHA and VA they are also looking for unsafe conditions, like missing handrails and broke window panes. Some appraisers know the ins and outs of the area your house is located. Some don’t. If the appraisal doesn’t come in with the value of the contract or more, the buyers have the option to walk if the seller doesn’t lower the purchase price to the appraised value. It’s a pretty serious step in the process, as I have seen appraisers give very low values with poor supporting comps and there isn’t much you can do about it. Within the contract there is a deadline for the buyer’s Commitment Letter, usually due between 25 and 40 days of ratification. This will come from the buyer’s lender. This is usually the last contingency. Get thru these 3 contingencies and you can breathe easy! BUYERS, get your inspections scheduled quickly! This way if you absolutely hate what is found, you haven’t lost too much time under contract (be courteous of the sellers time too). I try to get all my inspections done in the first 10 days. Once the inspections are done, your agent should review what you’d like the sellers to repair. I like to be very specific as to what my buyers want repaired and how so there is no question. Most home inspections take just under 4 hours. I stay the entire time but my clients usually come for the last hour. Once that has been negotiated be sure your lender has all the docs from you that they need. Yes, some seem ridiculous but don’t shoot the messenger, just get it done. This is around the time when you will pay for the appraisal, about $450.00. It’s also a good time to get home owners insurance & can BGE to let them know that you will be buying XXX property on XXX day. They will start billing in your name the date you give them. If you give BGE the time to cut the service off, you’ll be charged another fee to connect the service….yes a BS fee so it’s just easier to make the call in advance. Of course there are several more scenarios and unfortunately lots of transactions have hiccups along the way. Hopefully you have an agent you feel totally comfortable with and trust in them. If not….(ready for my shameless plug) contact Suzie Coronel! Quick facts for both sides: 1. Some VA loans won’t allow the buyer to pay for the pest inspection. Typically about $65. 2. It’s best to schedule your settlements at the end of the day to allow funds to get transferred/wired. 3. No one likes to wait on responses. Be conscious of the other side and reply quickly to repairs and other determining factors. 4. At the end of the day this is business. Try not to take things personal!

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  • 08/15/2013 - CrabbyHomes 0 Comments
    There is No One Size Fits All with Realtors

    There are good plastic surgeons and bad ones. Good mechanics and bad ones. Good plumbers and bad ones. Like every profession and industry, in real estate, there are "good ones" and "bad ones".
      In most cases it comes down to personal preference. When you are paying someone for their services, you expect a good experience in return. One would think that serviced based professionals would want to provide good service so they can capture repeat customers and referrals. We all can give examples where this hasn’t been the case.  As a full time Realtor, I have been on all sides of the spectrum. Over the years, professionally, I have learned that I am in the business to help people facilitate financial transactions that in most cases are the largest that my clients will ever take part in. Every "deal" is a big deal. I have found that I am only as good as my knowledge, resources, organization and logistics. I try to set the tone and prescient every time I have communication with my clients as well as the other professionals involved. Not every client/professional is the same. I like to think I have a pretty good read on folks, what they need from me and expect. Currently I have a buyer would likes to know every aspect of the transaction. She likes to be fully aware of every detail. I put myself in her shoes. First, she is a mother of 2 young children and a wife. She has single-handedly managed the purchase of her new home, registered her boys into new schools, packed, rented out their current house, researched building permits, made phone calls, on top of planning summer vacations an d maintaining the schedule of an active family of 4. She has a lot riding on this purchase. She has arranged for a lot of family changes. In her shoes, I’d want to know everything too! So I BCC her on all emails that involve her purchase. I take her late night panic calls. But mostly I try to calm her down. NOT as a punching bag but I calm her down with FACTS. Facts and resolution is what helps her sleep at night, and I can appreciate that.  So when you choose your professionals, make sure they understand you and what you need, cause we all need different things.   Here are a few question s I like to ask all my prospective clients to make sure we are a good fit for each other: * What is your realistic time frame? * Do you like being involved every step of the way or would you prefer me to handle most of the proceedings and loop in when necessary? * Do you know what your needs and wants are? * If you worked with a Realtor previously, were there any issues that need to be addressed? * What is your preferred from of communication – phone, email, or text? I suggest that you use the questions and have some of your own as you are interviewing your Realtor.  At the end of the day, it’s your business and you want to make sure that you are receiving the service and attention that best suits you. 

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  • 07/23/2013 - CrabbyHomes 0 Comments
    Foreclosure vs. Short Sale for Buyers

    Seems these types of home sales have been in the lime light for some time now. But when taking out buyers I am finding that though we are always hearing about them, few understand the difference. Here are some good things to know when looking to BUY.
    A foreclosure is typically owned by a bank who is represented by a listing agent. A buyer’s agent preps an offer like most traditional sales, except that most of these are sold As-Is. As-Is means that the seller will make no repairs. Within the offer, the buyer is able to elect to do home inspections with the right to terminate. This protects you in the event an inspector finds major problems that may change the way you feel about the house. These transactions can go very smoothly and settle in the average 45 days. The "short" in short sale has nothing to do with TIME. It refers to the owners paying the lien holders SHORT of what they owe. Short sales are usually sold As-Is as well. Once an offer is made to the owners, the owners can choose to sign it or not. If they sign the offer, the listing agent then submits the offer to the mortgage company – the 3rd Party. Several steps within the mortgage company need to take place. This is what seems to take the longest. I usually advise my buyers that submit on a short sales, we will probably not hear from the listing agent for 3 months. This process has gotten better, but is still so unpredictable. I also have a series of questions that I ask the listing agent to be sure they understand the process, as agent can list a short sale. Some are better than others. ***Fun FACT*** Keep in mind that the listing agent sets the list price. It isn’t unusual for a mortgage company to counter with a higher amount than what the house was listed. The bottom line is this, I never hesitate to make an offer on a foreclosure. But with a short sale, I usually tell my buyers that unless you are getting a killer deal, it might be best to look at others. The most important detail to understand is that the banks that own foreclosures directly call the shots, set the list price, & negotiate. Short sales have an added party to approve the contract/price. The home owner doesn’t have much control in the deal. And in some cases there could be multiple mortgage companies attached to one property.

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