After all the bad news on wall street it is important to know that investing in real estate is a tangible, something you can enjoy, investment. If you purchase a home or property in an area like Talbot County near or on the waterfront and you maintain the property in a good fashion, you will have an appreciating asset. If you buy a home, commercial, inland or waterfront property and keep it for 3 to 5 years you should certainly make money on your investment. Now is the time to invest since prices are at an all time low. Foreclosures, bank owned and at risk properties are available at rock bottom prices. If you are planning to retire, or buy a second home don't hesitate to take advantage of the great values in housing.
All that being said if you are trying to sell a home or property you must price it to sell and keep in mind that there is a very large inventory for Buyers to choose from so if you want your home to stand out it must be in top notch condition. Appraisals are coming in lower than we expect proving that homes sales are down.
* JUST LISTED IN OXFORD*
Immaculate Southern Colonial. Built in 2006, this charming home is located across from the Oxford marina and features a covered front porch plus covered balcony with slight waterviews! 3 Bedrooms, 2 baths, fireplace, wonderful kitchen with breakfast bar and granite counter tops plus a 1st-floor Master Suite. Located in-town but with plenty of privacy. Boating, tennis, basketball & track just steps away!