Kay Riddle's (kayriddle) Blog

Allegany County's housing market is now Maryland Healthiest.  The counties with sharp declines in average sales prices over the past year include, Garrett (-26%), Anne Arundel (-17%) and Montgomery (-16%). Transactional Volume has increased significantly over the past several months. For this mom...

 I have been seeing the trend of the publics move away from large lot, suburban mansions. Back to neighborhoods with sidewalks, trails, community amenities and near town.  2 of my clients are discussing putting there house on the market, simplifying, downsizing. One lives in a 4500 square ft. 5 y...

Top 5 midrange renovations by return on investment Project Job Cost Resale Value Cost Recouped Deck addition (wood) $10,601 $8,676 81.8% Siding replacement (vinyl) $10,256 $8,274 80.7% Minor kitchen remodel $21,246 $16,881 79.5% Window replacement (wood) $11,512 $8,946 77.7% Window replacement (v...

Todays Blog is a complaint blog. March 25th, my buyer and the seller of this short sale signed an agreement for my client to purchase upon third party approval. I understand and expected a few months to go by. My client and I were not prepared for it to take 5+ months. This home is a piggyback co...

Bank Owned Properties: all negotiations are basically made between a Buyer and an employee of the bank/servicer (as opposed to an owner/seller). Standard purchase and sale agreements are used as well as the banks' own addendums and disclosures. Offers must be complete and filled out in accordance...

Credit scores were designed to help lenders gauge a borrower's risk of default. That's it. The only information used is what's in your credit report. The formula is particularly affected by: Whether you pay your bills on time. How much of your available credit you're using. How long you've had cr...

One more example of the nature that surrounds us in Lake linganore.   In the woods behind our home, this mom of 4 needs a bigger home. Not to mention the birds would like this home back.    

Property owners sometimes feel that the department's estimate of their property value is wrong. The assessment appeal process is available to allow property owners the opportunity to dispute the value determined by the department. Property values rise and fall to reflect the market. A property ow...

  Yesterday I watched and learned. I joined an experienced bidder and watched the process. Bidding on the court house steps is a specialized business. One must do their homework and even then they get surprised to find that between seeing the home and winning a bid and finally getting into the ho...

As a resident of Pinehurst in Lake Linganore I want to point out a couple of the reason why we love our neighborhood. In today's world where we all struggle to find time and ways to exercise. Lake Linganore has a multitude of avenues to explore.  4 lakes to use for fishing, hiking, kayaking, cano...