FAQs

Q?

What is so special about Maryland?

A.

Maryland has everything. Big cities, little towns, mountains, beaches, rivers, bays, skiing, hills, wineries, historic sites and waterfront communities. Four distinct seasons. Crabs and boardwalk fries,hunting, fishing, and horses. Great health care, roads, live theater, professional and collegiate sports. Maryland is the wealthiest state in the country and children growing up in Maryland have access to the top rated public school system in the United States.

Q?

Should I rent or should I buy?

A.

Buying versus Renting is a common cause for debate in some people's search for their next property.

Our dedicated team is available to help you make your next move and our website includes information, tools and resources that will also benefit anyone looking to rent or buy a new home.

Q?

How do I know what to price my property at when I want to sell it?

A.

There are many factors that can help guide pricing the market to sell in a timely manner without leaving money on the table. Pricing strategy is an important part of the sales process and oftentimes can be the difference between a successful outcome and a failure. Riley Team provides guidance to its clients on pricing strategy drawing upon a variety of factors, including overall market conditions and attributes of the individual property such as location and condition.

Thinking of selling your home in Maryland? Listing your property with Riley Team delivers high visibility and expert guidance in the Maryland Real Estate Market. Riley Team brings a reputation of excellence in Maryland Real Estate and experience in all facets of listing transactions and sales.

Q?

Can You Help Us Buy/Sell a Short Sale?

A.

Riley Team has a long history of successfully completing short sales. A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the government administration have also improved the chances of getting a short sale approved.

By definition, a homeowner is 'short' when the amount owed on his/her property is higher than current market value.

A short sale occurs when a negotiation is entered into with the homeowner's mortgage company (or companies) to accept less than the full balance of the loan at closing. A buyer closes on the property, and the property is then 'sold short' of the total value of the mortgage.

Our team is experienced with short sales on both the buy and sell side. Contact us for additional information on how we can help with your particular needs.