Limejuicer Real Estate Blog

2011-10-08T09:39:00.001-07:00

Lawrence Evans | Re/Max Town Center | (301) 922-2156

20107 Waterside Dr, Germantown, MD

Villa home in sought after Willow Cove section of Churchill Village South

2BR/2BA Condo

offered at $199,500

Year Built	1986
Sq Footage	1,269
Bedrooms	2
Bathrooms	2 full, 0 partial
Floors	2
Parking	1
Lot Size	1,240 sqft
HOA/Maint	$257 per month

DESCRIPTION

** Absolutely awesome Two Level Condo located in the villas of Willow Cove * Freshly painted * New Carpet * Pristine condition * Fireplace * Large Balcony * Shed * Original Owner * Easy to show * Walking distance to schools and shopping * Great Commuter location right off Father Hurley Blvd * Original owner * Not a short sale or foreclosure **

see additional photos below

PROPERTY FEATURES

- Central A/C	- Central heat	- Fireplace
- High/Vaulted ceiling	- Walk-in closet	- Living room
- Dining room	- Dishwasher	- Refrigerator
- Stove/Oven	- Microwave	- Washer
- Dryer	- Balcony, Deck, or Patio

COMMUNITY FEATURES

- Swimming pool(s)	- Tennis court(s)	- Lake
- Playground

OTHER SPECIAL FEATURES

- Lake Community

- Bike and Jogging Trails to Lake Churchill and Black Hills Regional Park

- Close To Shopping

ADDITIONAL PHOTOS

Photo 1	Photo 2
Photo 3	Photo 4
Photo 5	Photo 6
Photo 7	Photo 8
Photo 9	Photo 10
Photo 11	Photo 12
Photo 13

Contact info:

Lawrence Evans

Re/Max Town Center

(301) 922-2156

For sale by agent/broker

Equal Opportunity Housing

Posted: Oct 8, 2011, 7:34am PDT

Rent vs. Buy....

2011-04-04T04:44:00.000-07:00

Excerpt from Joe Sabelhaus' Monday Morning Coffee:

So I was watching one of those shows last week where they have 2 people arguing each side about a subject. This particular show they were arguing about the Real Estate market, keep in mind this was a national show. One of course was negative, double dip market, flood of Foreclosures coming on… The positive one (my favorite of course) was arguing we have hit the bottom, interest rates… but the argument I liked the most was that the rent vs. buy ratio is at a 50 year low. As matter of fact he said, it is cheaper to buy then rent in most areas of the country. With the help of Mike Parsons (Apex Home Mortgage) I worked up an example for everyone.

For the property I chose:

MC7551616

12140 Brittania Circle, Germantown, MD. 20874

List price- $208,000

I pulled the comps in the area and you could probably get it for a bit less but I am very comfortable saying you could get it for $208,000 with a 3.5% seller subsidy. I also pulled the rental comps, the property would rent for about $1,700 a month. So I asked Mike to run the numbers for a 3.5% down FHA loan for the property, see below.

Sales Price: $208,000.

Base Loan Amount: $202,727.

UFMIP: $ 2,007.

Adj. Loan Amount: $204,734.

FHA 30 year Fixed

Interest rate: 4.750% 0 Points

Principal & Interest: $ 1,057.52

Est. Hazard Ins.: $ 50.00

Real Estate Taxes: $ 273.58

Monthly MI: $ 150.54

HOA: $ 65.00

Total Payment: $ 1,596.64

As you can see before we take the tax deductions into consideration the client is $103.36 ahead per month ($1700-$1,596.64). The items that are tax deductable include the interest $950, taxes $273.58, Monthly MI $150.54 for a total of $1,374.12 of allowable tax deductions per month. It would take around a $60,000 a year income to qualify for the property, with that income they would be in a aggregate tax bracket of around 20%. If you take the $1,374.64 X 20% you get $274.92 which is your tax savings on a monthly basis. Take the $1,596.64(payment) minus $274.92(tax savings) and you get a real homeownership cost of $1,321.72. So if you were to rent it would cost you $1,700 and the real cost of owning is $1,321.72 per month, $378.28 savings. You may have the opportunity to let a client know that it is cheaper to buy then rent, if they would like to see how this is how you show them.

The Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Recent travels to Damascus Foreclosures

2011-01-10T06:05:00.000-08:00

The Limejuicer (aka Lawrence Evans) have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Ridge Manor Drive, Damascus Townhome
3 Bedroom and 2 1/2 Bathrooms, $250,000
Condition - 8, Value - 6, Location - 7, Motivation - 7
Total Rating 28 out of 40 (Will sell within the next 30 days)
HUD Owned Property, end unit, needs new carpet, but in decent shape for a foreclosure, close to shopping and schools.
Click here for additional details and photo

Ridge Manor Court, Damascus Townhome
3 Bedroom and 2 1/2 Bathrooms, $224,900
Condition - 3, Value - 8, Location - 6, Motivation - 7
Total Rating 24 out of 40
Decent value, however needs work on flooring, paint and leak damage
Click here for additional details and photo

Moxley Road, Damascus Single Family Rambler
4 Bedroom and 2 Bathrooms, $242,900
Condition - 3, Value - 9, Location - 9, Motivation - 6
Total Rating 27 out of 40
Concern with well, septic, hvac, needs work, good for the cash investor
Click here for additional details and photo

Sharon Street, Damascus Single Family Cape Cod
4 Bedroom and 2 Bathrooms, $224,900
Condition - 6, Value - 8, Location - 8, Motivation - 8
Total Rating 30 out of 40 (Really good buy)
Needs flooring in the kitchen, dishwasher, and some paint. Nice curb appeal and alot of potential. Photo does not do it justice.
Click here for additional details and photo

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Over 50 Tips for Selling Your Home

2010-03-30T05:21:00.001-07:00

Over 50 Tips for Selling Your Home

You may not be able to finish the basement or remodel the kitchen, but you can improve the market value of your house.

It is important to attract as many qualified buyers as possible. In preparing your home for sale, it is important to look at your home through a “buyer’s eyes.” People buy what they see. So look at your home as if you were in a buyer’s shoes. Make your home appealing and uncluttered as the home you would like to buy.

Exterior

Mow the lawn, trim trees and shrubs away from house. You can’t sell a house if you can’t see it. Rake leaves, remove dead plants, flowers or shrubs.
Put away tools, garbage cans, hoses, toys and building materials neatly in the garage.
Check for broken roof shingles, straight lines on gutters, shutters, windows and siding.
Clean windows and front door. Paint if needed.
Seal or resurface driveway.
Clear patios or decks of planters, flower pots, charcoal, barbecues.
In the front yard, dress up around shrubs and lamp post with large quartz stones, railroad ties, and pine bark mulch, etc.

Foyer

Use bright light bulb in foyer light fixture.
Turn on all lights in home in the evening to welcome potential buyers.
Fill the house with the pleasant aroma of cinnamon, or other fresh scent.
Spotlessly clean woodwork, carpeting and windows throughout house.
Clear window ledges of all objects to give a nice glimpse inside and out.
Repaint walls if necessary, in neutral color such as antique white.

Living Room

Discard worn furniture and move extra to storage area. Too much furniture makes rooms look small.
Visit a model home to get decorating ideas.
Clear away all magazines, books, and unnecessary objects from furniture throughout the house.
Take down pictures that hide walls. Patch nail holes and paint.
Add lamps and lighting if dark.
Open curtains.
Set out fresh flowers.

Kitchen

Professionally clean oven and stove.
Replace broken appliances, and repair squeaks, drips, or binds in cabinet drawers.
Clean all appliances inside and out until they are spotless. Wax and polish floors.
Discard old food and leftovers from refrigerator.
Clean refrigerator front of messages, pictures and magnets.
Clear all magazines, small appliances, and cookware from counter tops.
If it hasn’t been used for months . . . put it away!

Family Room

Clean fireplace.
Replace carpet if it’s a loud color. (I know it costs money, but you’ll get it back at settlement).
Remove all magazines, books, toys and worn furnishings that might influence a buyer’s feeling about the room.
Create an easy-going relaxed atmosphere in your family room. This is where most families spend their time, so make it look good.

Bathrooms

Remove any unnecessary items from counter tops, tubs, and commode. Put as much away as possible, and make each bathroom look like a “guest bathroom.”
Sink, commode, bathtub, tile and shower curtain should look immaculate, no soap film or hair.
Fix leaky faucets, rust stains and faulty plumbing that may squeak or bind.
Caulk and grout tile. Bleach discolored grout.
Replace or remove any wall paper that isn’t “conservative.”
Coordinate towels to one or two colors only.
Place softer bulbs in bathroom fixtures and scented flower arrangement on vanity top.

Master Bedroom

This is the second most important-to-be-appealing room in a home (after the kitchen, before the family room and garage).
Define areas, sleeping, dressing and sitting by furniture arrangement. Try to have bedroom look as simply furnished as possible.
Be sure all clothes are hanging up, not laying out in the room.
Make closets more appealing by storing off-season clothes elsewhere. Go ahead and pack them up since you’re moving away.

Children's Bedrooms

Here’s a challenge: ask children and teenagers to help by thoroughly cleaning up their rooms, removing all posters, questionable photographs. Low lighting and clutter make bedrooms look smaller or darker than they are.
Patch and paint walls if necessary.
Open curtains.

Garage

The perfect garage contains only cars. But if this is not possible, clean up, fix up, sell or toss out unneeded items. (This may be your only opportunity).
Clean and seal cement floor.
Neatly stack tools and clean up work bench and tidy up storage shelf areas.

Basement

A finished basement is great! Just follow same guidelines given for preparing the family room.
If unfinished, make sure concrete floor is well swept and clean.
Seal or paint concrete floors (battleship grey).
Clean water heater, change filters, and put strong light bulbs in fixtures.

Question and Answer

Q. Should We Remodel or Decorate?

A. While redecorating can make a home look more attractive, it is difficult to anticipate what a new buyer may be looking for in your home. It’s best to simply prepare your home with a clean, uncluttered appearance.

If anything, you may want to invest in some fresh paint. Paint can go a long way in enhancing the appeal of your home.

If your home is in need of paint or carpeting, it’s better to invest the money and buy it ahead of time. Rather than hope a buyer has a vivid imagination of what your home will look like without spots on the carpet and chipped paint on the walls, make it look its best when they see it. You only have one chance to make a good first impression!

Hopefully you found this information useful, if you would like more advice from The Limejuicer (aka Lawrence Evans) or to learn about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Re/Max Town Center
Real Estate Consultant
(301) 922-2156

Best and Worst Real Estate Buys for Germantown Maryland - 24th February 2010

2010-02-24T05:52:00.000-08:00

Post Snow Storm Best Real Estate Buys in Germantown

2010-02-17T05:50:00.000-08:00

Pre-Snow Storm Best Buys in Germantown Maryland

2010-02-08T06:33:00.000-08:00

Some of the Best and Worst Buys in Germantown Maryland

2010-02-04T04:38:00.000-08:00

Which Clarksburg or Damascus Foreclosure would you buy?

2010-01-27T06:16:00.000-08:00

Team Limejuicer (aka Lawrence Evans) have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Robin Song Drive, Clarksburg Village Townhome
4 Bedroom and 3 1/2 Bathroom - $324,900
Condition - 6; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Cul-de-sac location, needs paint and carpet
Limejuicer Marginal Recommendation

Clarks Crossing Drive, Clarksburg Town Center Townhome
3 Bedroom and 2 1/2 Bathrooms - $389,000
Condition - 6; Pricing - 8; Location - 6; Seller Motivation - 6
Scored 26 out of 40
Needs paint and flooring, 2 Car detached garage
Limejuicer Recommended

Branchbrier Way, Clarksburg Town Center Townhome
3 Bedroom and 3 1/2 Bathrooms - $369,600
Condition - 7; Pricing - 8; Location - 6; Seller Motivation - 7
Scored 28 out of 40
Shows well, 2 Car Detached garage, Will Sell Quickly
Limejuicer High Recommendation

Burdette Forest Road, Clarksburg Town Center Single Family Colonial
4 Bedroom and 2 1/2 Bathrooms - $554,900
Condition - 6; Pricing - 5; Location - 6; Seller Motivation - 7
Scored 24 out of 40
Old Carpet, Needs paint,
Limejuicer Doesn't Recommend

Murphy Grove Terrace, Clarksburg Town Center Single Family Colonial
4 Bedroom and 3 1/2 Bathroom - $479,000
Condition -7; Pricing - 8; Location - 6; Seller Motivation - 6
Scored 27 out of 40
Shows well, Well priced, 2 Car Garage Detached
Limejuicer Recommended

Tregoning Place, Shaeffer Farm Single Family Colonial
5 Bedroom and 5 1/2 Bathrooms - $760,000
Condition - 6; Pricing - 6; Location - 7; Seller Motivation - 7
Scored 26 out of 40
Needs some TLC, barren landscaping
Limejuicer Marginal Recommendation

Oak Drive, Damascus Outside Single Family Rambler
4 Bedroom and 3 Bathrooms - $279,800
Condition - 6; Pricing - 10; Location - 8; Seller Motivation - 6
Scored 30 out of 40
Interesting property, Lots of Potential
Limejuicer Highly Recommended

Brigadier Place, Damascus Gardens Condominium
2 Bedroom and 1 Bathroom - $109,900
Condition - 5; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 24 out of 40
Needs Paint, Carpet, Appliances
Limejuicer Doesn't Recommend

Brigadier Place, Damascus Gardens Condominium
2 Bedroom and 1 Bathroom - $99,900
Condition - 5; Pricing - 8; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Needs new front door, paint, carpet and TLC
Limejuicer Marginal Recommendation

Woodfield Rd, County View Single Family Rambler
4 Bedroom and 3 Bathrooms - $289,900
Condition - 6; Pricing - 8; Location - 6; Seller Motivation - 8
Scored 28 out of 40
Approved for Rehab financing, Decent property
Limejuicer Recommended

Angela Court, Clearspring Manor Single Family Colonial
4 Bedroom and 3 1/2 Bathrooms - $350,000
Condition - 5; Pricing - 8; Location - 7; Seller Motivation - 7
Scored 27 out of 40
No Fridge, needs new heating system, TLC
Limejuicer Recommended

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Which Townhome would you buy or recommend to your Family and Friends Part 4

2010-01-25T05:58:00.000-08:00

Team Limejuicer (aka Lawrence Evans) have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Bayberry Drive, Heritage GateTownhome
3 Bedroom and 2 1/2 Bathroom - $239,000
Condition - 8; Pricing - 6; Location - 6; Seller Motivation - 7
Scored 27 out of 40
Above expected condition, Flipped property
Limejuicer Recommended

Bailiwick Place, Kingsview Village Townhome
3 Bedroom and 2 1/2 Bathrooms - $334,900
Condition - 5; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 25 out of 40
Needs a Kitchen, old carpet, paint and TLC
Limejuicer Doesn't Recommend

Amarillo Court, Manchester Farm Townhome
3 Bedroom and 2 1/2 Bathrooms - $259,900
Condition - 7; Pricing - 4; Location - 7; Seller Motivation - 7
Scored 25 out of 40
Shows well, Overpriced
Limejuicer Marginal Recommendation

Midridge Road, Middlebrook Commons Townhome
2 Bedroom and 1 1/2 Bathrooms - $239,000
Condition - 5; Pricing - 5; Location - 6; Seller Motivation - 7
Scored 23 out of 40
Old Carpet, Needs paint, TLC, Poor windows
Limejuicer Doesn't Recommend

Twinflower Circle, Middlebrook Commons Townhome
3 Bedroom and 1 Bathroom - $169,900
Condition -7; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 26 out of 40
Shows well, Flipped Property
Limejuicer Marginal Recommendation

Twinflower Circle, Middlebrook Commons Townhome
2 Bedroom and 1 1/2 Bathrooms - $135,000
Condition - 5; Pricing - 8; Location - 5; Seller Motivation - 6
Scored 24 out of 40
Old appliances, old carpet, needs paint, poor windows
Limejuicer Doesn't Recommend

Sojourn Court, Milestone Townhome
3 Bedroom and 2 1/2 Bathrooms - $329,990
Condition - 7; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 26 out of 40
Needs Carpet and paint
Limejuicer Marginal Recommendation

Woodcutter Circle, Milestone Townhome
3 Bedroom and 2 1/2 Bathroom - $309,900
Condition - 5; Pricing - 9; Location - 8; Seller Motivation - 7
Scored 29 out of 40
Needs Paint, Carpet, Appliances, Great buy will sell in 7 days
Limejuicer Highly Recommends

Pine Ridge Lane, North Creek Townhome
3 Bedroom and 2 Bathroom - $189,000
Condition - 7; Pricing - 6; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Decent property worth the look
Limejuicer Recommended

Metz Drive, Pleasant Fields Townhome
2 Bedroom and 1 1/2 Bathrooms - $179,900
Condition - 7; Pricing - 6; Location - 7; Seller Motivation - 7
Scored 27 out of 40
Small unit could be a problem
Limejuicer Marginal Recommendation

Kitchen House Way, Pleasant Fields Townhome
3 Bedroom and 1 1/2 Bathrooms - $229,000
Condition - 7; Pricing - 6; Location - 8; Seller Motivation - 6
Scored 27 out of 40
Needs a fridge, nice location
Limejuicer Marginal Recommendation

Dunstable Way, Scenery Pointe Townhome
2 Bedroom and 2 1/2 Bathrooms - $255,000
Condition - 7; Pricing - 5; Location - 7; Seller Motivation - 6
Scored 25 out of 40
Old Appliances, Overpriced
Limejuicer Doesn't Recommend

Stone Hollow Drive, Stoneridge Townhome
3 Bedroom and 2 1/2 Bathrooms - $259,900
Condition - 8; Pricing - 6; Location - 7; Seller Motivation - 6
Scored 27 out of 40
Great condition, Granite Counters, Hardwoods
Limejuicer Recommended

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Which Townhome would you buy or recommend to your Family and Friends Part 3

2010-01-25T04:49:00.000-08:00

Team Limejuicer (aka Lawrence Evans) have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Ginger Court, Germantown Park Townhome
3 Bedroom and 2 Bathroom - $115,000
Condition - 5; Pricing - 8; Location - 7; Seller Motivation - 7
Scored 27 out of 40
Old Carpet, Needs Paint, Exterior Wood and TLC
Limejuicer Recommendation

Nutmeg Place, Germantown Park Townhome
3 Bedroom and 2 1/2 Bathrooms - $105,000
Condition - 4; Pricing - 9; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Investor potential, Old Carpet, Needs Paint, Drywall repair
Limejuicer Investor Recommendation

Turmeric Court, Germantown Park Townhome
3 Bedroom and 2 1/2 Bathrooms - $110,000
Condition - 4; Pricing - 9; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Old Appliances, Old Carpet, Needs Paint, Poor Windows
Limejuicer Investor Marginal Recommendation

Harvest Glen Way, Germantown Station Townhome
3 Bedroom and 2 1/2 Bathrooms - $329,900
Condition - 6; Pricing - 8; Location - 7; Seller Motivation - 7
Scored 28 out of 40
Old Carpet, Needs paint, Poorly Marketed, Loft Unit
Limejuicer Recommended

Climbing Ivy Drive, Germantown View Townhome
3 Bedroom and 2 1/2 Bathrooms - $254,900
Condition -7; Pricing - 6; Location - 8; Seller Motivation - 6
Scored 27 out of 40
Shows well, Backs to Trees, Granite countertops
Limejuicer Recommended

Grotto Lane, Germantown View Townhome
3 Bedroom and 3 1/2 Bathrooms - $254,900
Condition - 7; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 26 out of 40
Shows well, Hardwood flooring, Fair Windows
Limejuicer Marginal Recommendation

Grotto Lane, Germantown View Townhome
3 Bedroom and 3 1/2 Bathrooms - $275,000
Condition - 6; Pricing - 6; Location - 7; Seller Motivation - 5
Scored 24 out of 40
Needs appliances, carpet, Overpriced
Limejuicer Doesn't Recommend

Ebbtide Circle, Gunners Lake Townhome
3 Bedroom and 2 1/2 Bathroom - $288,000
Condition - 6; Pricing - 5; Location - 6; Seller Motivation - 7
Scored 24 out of 40
Needs Paint and TLC, Overpriced
Limejuicer Doesn't Recommend

Island View Circle, Gunners LakeTownhome
3 Bedroom and 2 1/2 Bathroom - $315,000
Condition - 7; Pricing - 5; Location - 9; Seller Motivation - 7
Scored 28 out of 40
Great Property, Awesome Location, Overpriced
Limejuicer Recommended

Martins Landing Drive, Gunners Lake Townhome
3 Bedroom and 2 1/2 Bathrooms - $269,900
Condition - 7; Pricing - 6; Location - 9; Seller Motivation - 6
Scored 28 out of 40
Great Lake Location, Will sell within the next 7 days
Limejuicer Recommended

Summer Oak Drive, Gunners Lake Townhome
3 Bedroom and 2 1/2 Bathrooms - $239,900
Condition - 6; Pricing - 7; Location - 8; Seller Motivation - 7
Scored 28 out of 40
Needs new appliances and carpet
Limejuicer Recommended

Summer Oak Drive, Gunners Lake Townhome
3 Bedroom and 2 1/2 Bathrooms - $239,900
Condition - 7; Pricing - 7; Location - 8; Seller Motivation - 7
Scored 29 out of 40
Will sell this week
Limejuicer Highly Recommended

White Sands, Gunners Lake Townhome
3 Bedroom and 2 1/2 Bathrooms - $199,900
Condition - 3; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 24 out of 40
No Appliances, Old Carpet, Needs Paint, Drywall Repair
Limejuicer Investor Marginal Recommendation

Esmond Terrace, Gunners View Townhome
3 Bedroom and 2 1/2 Bathrooms - $219,000
Condition -6; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 27 out of 40
Needs Paint and TLC, Plain Jane
Limejuicer Marginal Recommendation

Hottinger Circle, Gunners View Townhome
3 Bedroom and 2 1/2 Bathrooms - $204,900
Condition - 7; Pricing - 6; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Old Appliances and TLC
Limejuicer Marginal Recommendation

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Which Townhome would you buy or recommend to your Family and Friends Part 2

2010-01-25T02:41:00.001-08:00

Team Limejuicer (aka Lawrence Evans) have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Harmony Woods Lane, Clopper Hills Townhome
3 Bedroom and 2 1/2 Bathrooms - $339,899
Condition - 7; Pricing - 7; Location - 7; Seller Motivation - 6
Scored 27 out of 40
Hardwood Floors, 3 floor bump out
Limejuicer Recommendation

Rushing Water, Clopper Hills Townhome
3 Bedroom and 2 1/2 Bathrooms - $303,000
Condition - 4; Pricing - 9; Location - 8; Seller Motivation - 7
Scored 28 out of 40
Investor potential, No appliances, Drywall damage
Limejuicer Investor Recommendation

Ansel Terrace, Cloppers Mill West Townhome
3 Bedroom and 3 1/2 Bathrooms - $399,900
Condition - 6; Pricing - 6; Location - 6; Seller Motivation - 7
Scored 25 out of 40
Lower than expected condition for this price range
Limejuicer Doesn't Recommend

Golf Course Drive, Cloverleaf Townhome
2 Bedroom and 2 1/2 Bathrooms - $264,900
Condition - 7; Pricing - 6; Location - 7; Seller Motivation - 6
Scored 26 out of 40
1 Car garage, Really nice unit, slightly overpriced
Limejuicer Marginal Recommendation

Rosebay Court, Cloverleaf Townhome
3 Bedroom and 2 1/2 Bathrooms - $339,000
Condition -7; Pricing - 6; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Needs paint, smoke smell
Limejuicer Marginal Recommendation

Rosebay Place, Cloverleaf Townhome
3 Bedroom and 3 1/2 Bathrooms - $329,000
Condition - 7; Pricing - 7; Location - 7; Seller Motivation - 6
Scored 27 out of 40
Plain Jane, Flipped property, Will sell quickly
Limejuicer Recommended

Shamrock Glen, Cloverleaf Townhome
3 Bedroom and 2 1/2 Bathrooms - $309,900
Condition - 6; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 25 out of 40
Old Carpet, some TLC
Limejuicer Marginal Recommendation

Wonderland Way, Farmingdale Townhome
2 Bedroom and 2 1/2 Bathroom - $175,000
Condition - 4; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 24 out of 40
Needs appliances, carpet, paint and TLC
Limejuicer Doesn't Recommend

Duhart Road, Germantown Estates Townhome
3 Bedroom and 1 1/2 Bathroom - $230,000
Condition - 7; Pricing - 5; Location - 7; Seller Motivation - 7
Scored 26 out of 40
Decent Condition, Should be priced at less than $215,000
Limejuicer Marginal Recommendation

Gallop Drive, Germantown Estates Townhome
3 Bedroom and 3 1/2 Bathrooms - $350,000
Condition - 6; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 25 out of 40
Old appliances, Old carpet, not ready to be shown
Limejuicer Doesn't Recommend

Lark Song Drive, Germantown Estates Townhome
3 Bedroom and 2 1/2 Bathrooms - $199,925
Condition - 6; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Old carpet, needs TLC
Limejuicer Marginal Recommendation

Lark Song, Germantown Estates Townhome
3 Bedroom and 2 1/2 Bathrooms - $249,900
Condition - 7; Pricing - 4; Location - 6; Seller Motivation - 7
Scored 24 out of 40
Expected condition, Overpriced
Limejuicer Doesn't Recommend

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Which Townhome would you buy or recommend to your family/friends part 1

2010-01-22T03:49:00.000-08:00

Team Limejuicer (aka Lawrence Evans) have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Choctaw Court, Blunt Commons Townhome
3 Bedroom and 3 Bathrooms - $249,900
Condition - 7; Pricing - 6; Location - 6; Seller Motivation - 6
Scored 25 out of 40
Expected condition, Flipped property
Limejuicer marginal Recommendation

Appledowre Circle, Brandermill Townhome
3 Bedroom and 3 Bathroom - $149,900
Condition - 2; Pricing - 8; Location - 6; Seller Motivation - 7
Scored 23 out of 40
Investor potential, alot of work needed
Limejuicer Investor Marginal Recommendation

Stoney Point Way, Brandermill Townhome
2 Bedroom and 2 Bathrooms - $157,900
Condition - 5; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 25 out of 40
Water Damage, Old Carpet, Needs Paint and TLC
Limejuicer Doesn't Recommend

Harmony Woods Lane, Chestnut Oaks Townhome
3 Bedroom and 2 1/2 Bathrooms - $329,622
Condition - 7; Pricing - 6; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Some TLC needed
Limejuicer Marginal Recommendation

Quiet Oak Lane, Chestnut Oaks Townhome
3 Bedroom and 2 1/2 Bathrooms - $328,000
Condition -7; Pricing - 6; Location - 7; Seller Motivation - 6
Scored 26 out of 40
Shows well, Hardwood flooring, Good Curb Appeal
Limejuicer Marginal Recommendation

Club Hill Drive, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $249,900
Condition - 7; Pricing - 5; Location - 6; Seller Motivation - 6
Scored 24 out of 40
Plain Jane, New Kitchen, should be priced in the $220s
Limejuicer Doesn't Recommend

Country Ridge Drive, Churchill Townhome
3 Bedroom and 3 1/2 Bathrooms - $215,000
Condition - 5; Pricing - 8; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Needs appliances, carpet, paint and TLC
Limejuicer Marginal Recommendation

Demetrias Way, Churchill Townhome
2 Bedroom and 1 1/2 Bathroom - $132,900
Condition - 7; Pricing - 8; Location - 6; Seller Motivation - 8
Scored 29 out of 40
Shows well for a foreclosure. Will sell in the next 10 days
Limejuicer High Recommendation

Demetrias Way, Churchill Townhome
2 Bedroom and 1 1/2 Bathroom - $139,000
Condition - 5; Pricing - 8; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Needs appliances, carpet, paint and TLC
Limejuicer Marginal Recommendation

Diamond Hill Drive, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $350,000
Condition - 7; Pricing - 7; Location - 7; Seller Motivation - 6
Scored 27 out of 40
Three Floor Bump Out with Garage
Limejuicer Recommendation

Long Channel Drive, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $319,500
Condition - 6; Pricing - 8; Location - 8; Seller Motivation - 7
Scored 29 out of 40
Needs new appliances, Lake Location, Will sell in the next 7 days
Limejuicer Highly Recommends

Pickering Drive, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $189,900
Condition - 5; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 25 out of 40
Needs appliances, Carpet, Paint and TLC
Limejuicer Marginal Recommendation

Thackery Place, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $275,000
Condition - 7; Pricing - 3; Location - 6; Seller Motivation - 7
Scored 23 out of 40
flipped property should be priced in the $220s
Limejuicer Doesn't Recommend

Thunderhead Drive, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $249,900
Condition -7; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 26 out of 40
Shows well, newer windows
Limejuicer Marginal Recommendation

Waters Point Lane, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $225,900
Condition - 3; Pricing - 8; Location - 6; Seller Motivation - 6
Scored 23 out of 40
Investor potential, needs work
Limejuicer Investor Marginal Recommendation

Waters Row Terrace, Churchill Townhome
3 Bedroom and 2 1/2 Bathrooms - $330,000
Condition - 7; Pricing - 6; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Decent property, No Deck
Limejuicer Marginal Recommendation

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Which Single Family would you buy or recommend to your family/friends

2010-01-21T06:52:00.001-08:00

Team Limejuicer (aka Lawrence Evans) have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3,000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Accent Way, Germantown Estates Single Family Split Level
4 Bedroom and 3 Bathrooms - $349,900
Condition - 8; Pricing - 8; Location - 7; Seller Motivation - 7
Scored 30 out of 40
Awesome buy will sell within the next 48 hours
Limejuicer Highly Recommends

Cricket Hill Drive, Cloppers Mill West Single Family Colonial
6 Bedroom and 4 1/2 Bathrooms - $679,800
Condition - 6; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 27 out of 40
Lower than expected condition
Limejuicer Recommends

Falconcrest Road, Kingsview Village Single Family Colonial
6 Bedroom and 5 Bathrooms - $674,900
Condition - 6; Pricing - 7; Location - 8; Seller Motivation - 7
Scored 28 out of 40
Less than expected condition, Carpet needs replacing
Limejuicer Recommends

Fernshire Road, Quince Orchard Valley Single Family Rambler
3 Bedroom and 2 Bathrooms - $348,400
Condition - 7; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 28 out of 40
Really nice unit, Quince Orchard School District
Limejuicer Recommends

Liberty Mill Road, Germantown Single Family "Historic" Colonial
3 Bedroom and 2 Bathrooms - $459,000
Condition -8; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 29 out of 40
Great Historic Colonial completely updated
Limejuicer Highly Recommends

Mateny Hill Road, Germantown Station Single Family Colonial
5 Bedroom and 4 1/2 Bathrooms - $699,900
Condition - 8; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 27 out of 40
Very well appointed home, Theater Room.
Limejuicer Recommends

Milestone Manor Lane, Milestone Single Family Colonial
4 Bedroom and 3 1/2 Bathrooms - $515,000
Condition - 7; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 27 out of 40
Plain Jane with good curb appeal
Limejuicer Recommends

Porterfield Way, Fountain Hills Single Family Colonial
3 Bedroom and 2 1/2 Bathrooms - $430,000
Condition - 7; Pricing - 7; Location - 6; Seller Motivation - 6
Scored 26 out of 40
Shows well.
Limejuicer Marginal Recommendation

Rushworth Terrace, Gunners Lake Single Family Colonial
4 Bedroom and 3 1/2 Bathrooms - $382,900
Condition - 7; Pricing - 8; Location - 7; Seller Motivation - 7
Scored 29 out of 40
Great Buy.......Will sell in the next 7 days
Limejuicer Highly Recommends

Saint Johnsbury Lane, Fox Chapel Single Family Rambler
3 Bedroom and 1 1/2 Bathrooms - $319,900
Condition - 8; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 28 out of 40
Better than expected condition. Will sell in the next 21 days
Limejuicer Recommends

Wildcat Road, Banner Country Single Family Colonial
6 Bedroom and 3 1/2 Bathrooms - $719,990
Condition - 7; Pricing - 6; Location - 8; Seller Motivation - 7
Scored 29 out of 40
Nice Location. A little overpriced
Limejuicer Recommends

Emerald Road, Milestone Single Family Colonial
4 Bedroom and 3 1/2 Bathrooms - $499,000
Condition - 7; Pricing - 6; Location - 6; Seller Motivation - 7
Corner Lot, Plain Jane
Limejuicer Marginal Recommendation

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans
Real Estate Consultant
(301) 922-2156

Which Condo would you buy or recommend to your family/friends part 2

2010-01-21T04:37:00.001-08:00

Which Condo would you buy?

2010-01-18T04:55:00.001-08:00

We have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued and rated properties for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Fountain Club Drive, Fountain Hills Condo
2 Bedroom and 2 Bathrooms - $239,900
Condition - 8; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 29 out of 40
Above expected condition - Limejuicer Recommends

Beaconfield Terrace, Esprit Condo
2 Bedroom and 1 Bathroom - $129,900
Condition - 5; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 26 out of 40
Lower expected condition - Limejuicer doesn't Recommend

Gateshead Circle, Scenery Pointe Condo
2 Bedroom and 2 1/2 Bathrooms - $265,500
Condition - 6; Pricing - 6; Location - 7; Seller Motivation - 6
Scored 25 out of 40
Limejuicer doesn't Recommend

Eton Manor, Eton Place Condo
3 Bedroom and 2 1/2 Bathrooms - $312,000
Condition - 6; Pricing - 4; Location - 8; Seller Motivation - 6
Scored 24 out of 40
Limejuicer doesn't Recommend

Amber Ridge, Amber Ridge Condo
3 Bedroom and 2 Bathrooms - $225,000
Condition - 7; Pricing - 7; Location - 8; Seller Motivation - 7
Scored 29 out of 40
Secured Location - Limejuicer Recommends

Bridger Drive, Cloverleaf Center Condo
2 Bedroom and 2 Bathrooms - $219,900
Condition - 7; Pricing - 6; Location - 7; Seller Motivation - 6
Scored 26 out of 40
Limejuicer doesn't Recommend

Locustdale Drive, Greenfields Condo
2 Bedroom and 2 Bathroom - $144,490
Condition - 4; Pricing - 8; Location - 6; Seller Motivation - 6
Scored 24 out of 40
Limejuicer doesn't Recommend

Dairymaid Drive, Heritage Green Condo
1 Bedroom and 1 Bathroom - $90,090
Condition - 5; Pricing - 9; Location - 7; Seller Motivation - 7
Scored 28 out of 40
Limejuicer Investor Recommended

Dairymaid Drive, Heritage Green Condo
1 Bedroom and 1 Bathroom - $99,900
Condition - 6; Pricing - 8; Location - 7; Seller Motivation - 7
Scored 28 out of 40
Limejuicer Recommends

Swiss Circle, Farmingdale Condo
2 Bedroom and 2 Bathrooms - $170,000
Condition - 5; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 25 out of 40
Limejuicer doesn't Recommend

Millhaven Place, Riverstone Condo
2 Bedroom and 2 Bathrooms - $235,000
Condition - 7; Pricing - 6; Location - 8; Seller Motivation - 6
Scored 27 out of 40
Limejuicer Marginal Recommendation

Millhaven Place, Riverstone Condo
2 Bedroom and 2 Bathrooms - $199,900
Condition - 7; Pricing - 8; Location - 8; Seller Motivation - 7
Scored 30 out of 40
Limejuicer Highly Recommends

Beaconfield Terrace, Esprit Condo
1 Bedroom and 1 Bathroom - $159,900
Condition - 7; Pricing - 4; Location - 6; Seller Motivation - 7
Scored 24 out of 40
Limejuicer doesn't Recommend

Shipley Terrace, Lakeview Condo
3 Bedroom and 2 Bathrooms - $179,800
Condition - 7, Pricing - 6; Location - 7; Seller Motivation - 7
Scored 27 out of 40
Limejuicer Recommends

Pickering Court, Esprit Condo
2 Bedroom and 2 Bathroom - $135,360
Condition - 6; Pricing - 7; Location - 6; Seller Motivation - 7
Scored 26 out of 40
Limejuicer Marginal Recommendation

Swiss Circle, Farmingdale Condo
2 Bedroom and 2 1/2 Bathrooms - $185,000
Condition - 7; Pricing - 7; Location - 7; Seller Motivation - 7
Scored 28 out of 40
Limejuicer Recommends

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Germantown Rated Properties 13th January 2010

2010-01-14T05:41:00.001-08:00

Some of the Best and the Worst Listings this Week

2009-11-21T08:27:00.000-08:00

I have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued property for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Gaelic Court, Cloverleaf Center, Townhome $249,900 Scored 27 out of 40
End Unit, Well Priced, Foreclosure, Needs carpet, Paint and some TLC
Limejuicer Recommends

Brundidge Terrace, Brandermill Townhome $196,900 Scored 28 out of 40
Well Priced, Good Condition, Foreclosure, Backs to townhomes
Limejuicer Recommends

Club Hill Drive, Churchill East Townhome $217,900 Scored 22 out of 40
Market Value, Very Poor Condition, Foreclosure
Limejuicer Does Not Recommend

Valley Bend Drive, Chadswood Single Family $299,500 Scored 30 out of 40
Good Starter Home, Good Investment, 4 Bedroom, 3 1/2 Bath, Foreclosure
Limejuicer Highly Recommends - Will sell this week.......

Cross Laurel Court, Chadswood Townhome $149,900 Scored 26 out of 40
Poor Condition, Under Market Price, Backs to Common Ground,Foreclosure
Limejuicer Does Not Recommend - Flippable at $115,000

Stoney Bottom Rd, Gunners View Single Family $325,000 Scored 29 out of 40
Marginal Condition, Good View, Well Priced, 4 Bedroom, 3 1/2 Bath Foreclosure
Limejuicer Highly Recommends

Eden Rock Court, Seneca Highlands Single Family $804,900 Scored 28 out of 40
Needs appliances and replacement of two zone system, Foreclosure
Limejuicer Recommends

Mussetter Road, Ijamsville Single Family $149,000 Scored 26 out of 40
Needs work throughout, Quaint location, Foreclosure
Limejuicer Does Not Recommend - Flippable at $105,000

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Germantown Best and Worst Buys of the Week 6 September 2009

2009-09-08T02:47:00.001-07:00

I have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued property for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Red Buckeye Court, Blunt Commons Townhome $249,000 Scored 30 out of 40
Park Location, Well Priced, Foreclosure, Great Investment
Best buy in Germantown

Afternoon Lane, Waters Landing Townhome $234,000 Scored 29 out of 40
Very Good Price, Poor Condition, Foreclosure, Lake Location
Limejuicer Highly Recommends

Club Hill Drive, Churchill East Townhome $217,900 Scored 22 out of 40
Market Value, Very Poor Condition, Foreclosure
Limejuicer Does Not Recommend

Galway Bay Circle, Ashmore Condo $124,600 Scored 28 out of 40
Good Starter Home, Decent Investment, Foreclosure
Limejuicer Recommends

Crosstie Drive, Germantown Estates Townhome $244,900 Scored 23 out of 40
Marginal Condition, Overpriced, Foreclosure
Limejuicer Does Not Recommend

Harvest Glen Way, Germantown Station Townhome $328,000 Scored 30 out of 40
Good Condition, Backs to Trees, Well Priced, Foreclosure
Limejuicer Highly Recommends

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans (aka "The Limejuicer")
Real Estate Consultant
Re/Max Town Center
Germantown. Maryland
(301) 540-2232 ext. 125
(301) 922-2156 cell

Limejuicer Rated Properties - Germantown - August 26th

2009-09-02T02:47:00.001-07:00

I have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued property for our buyer clients. We rate all properties according to Value, Location, Condition and Motivation.

Panthers Ridge Dr, Milestone Townhome $210,000 Scored 29 out of 40
Good Location - Foreclosure - Great Investment Limejuicer Highly Recommends

Eagles Nest Court, Waters Edge Condo $149,000 Scored 27 out of 40
Very Good Price, Poor Condition, Foreclosure Limejuicer Recommends

St. Peter Court, Waters Edge Condo $150,900 Scored 29 out of 40
Very Good Price, Fair Condition, Foreclosure Limejuicer Highly Recommends

St. Peter Court, Waters Edge Condo $143,600 Scored 30 out of 40
Awesome Price, Super Investment Limejuicer Highly Recommends

Coral Grove Terrace, Gunners Lake Townhome $161,900 Scored 28 out of 40
Marginal Condition, Great Price, Foreclosure Limejuicer Recommends

White Sands, Gunners Lake Townhome $219,900 Scored 2 out of 40
Very Poor Condition, Foreclosure No Recommendation

Summer Oak, Gunners Lake Townhome $229,000 Scored 28 out of 40
Backs to Parkland Limejuicer Recommends

Cross Ridge Court, Gunners Lake Townhome $149,500 Scored 27 out of 40
Fair Condition, Decent Value Limejuicer Marginal Recommendation

Dairymaid Drive, Heritage Green Condo $104,900 Scored 28 out of 40
Great Price, Handyman Capable High Condo Fee Limejuicer Recommends

Chalet Drive, Farmingdale Condo $95,000 Scored 31 out of 40
Great Price, This one is a STEAL Limejuicer Highly Recommends

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans (aka "The Limejuicer")
Real Estate Consultant
Re/Max Town Center
Germantown. Maryland
(301) 540-2232 ext. 125
(301) 922-2156 cell

Limejuicer Rated Properties - Germantown - August 20th

2009-08-26T05:00:00.000-07:00

I have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued property for our buyer clients.

Pinnacle Drive, Village at Town Center Townhome $310,000 Scored 29 out of 40
Good Location Limejuicer Highly Recommends

Churchill Ridge Circle, Churchill View Condo $239,000 Scored 28 out of 40
Average Condition Limejuicer Recommends

Pickering Court, Esprit Condo $189,900 Scored 23 out of 40
Overprice, Poor Condition No Recommendation

Pickering Court, Esprit Condo $200,000 Scored 27 out of 40
Average Condition, Good square Footage Limejuicer Marginal Recommendation

Shadyside Lane, Waters House Condo $189,000 Scored 26 out of 40
Marginal Condition No Recommendation

Bridger Drive, Cloverleaf Center Townhome $269,000 Scored 27 out of 40
Slightly Overpriced Limejuicer Marginal Recommendation

Beaconfield Terrace, Esprit Condo $165,500 Scored 24 out of 40
Overpriced No Recommendation

Shipley Terrace, Lakeview Condo $165,999 Scored 25 out of 40
Overpriced No Recommendation

Shore Harbour Dr, Shore Harbour Condo $278,488 Scored 27 out of 40
Nice Location, High Condo Fee Limejuicer Marginal Recommendation

Lavender Place, Churchill Single Family $415,000 Scored 27 out of 40
Good size home, needs a little updating Limejuicer Recommends

Wanegarden Court, Churchill Single Family $425,550 Scored 27 out of 40
Average Condition, Little Overpriced Limejuicer Marginal Recommendation

Long Channel Drive, Churchill Townhome $369,900 Scored 28 out of 40
Below Average Condition, Great Location Limejuicer Recommends

Teakwood Circle, Willow Cove Townhome $234,900 Scored 27 out of 40
Slightly Overpriced, Limejuicer Marginal Recommendation

Winterspoon Lane, Willow Cove Townhome $179,900 Scored 29 out of 40
Great price, Limejuicer Highly Recommends

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans (aka "The Limejuicer")
Real Estate Consultant
Re/Max Town Center
Germantown. Maryland
(301) 540-2232 ext. 125
(301) 922-2156 cell

Limejuicer Rated Properties in Germantown 20 March 2009

2009-03-20T06:22:00.001-07:00

I have changed the weekly update to include all properties which have been rated and have rendered our recommendation based upon the "Limejuicer Rating System". Please contact me if you would like a more detailed analysis for any of the homes listed below. Team Limejuicer and I have previewed over 3000 homes in the past year. We rate new listings and and re-rate existing listings on a weekly basis. The "Limejuicer Rating System" allows us to not only keep our seller clients informed but competitive in any market, while allowing us to find the best valued property for our buyer clients.

Eagles Nest Court, Waters Edge Condo $200,000 Scored 29 out of 40
Good Condition Limejuicer Highly Recommends

Eagles Nest Court, Waters Edge Condo $195,000 Scored 29 out of 40
Good Condition Limejuicer Highly Recommends

Hickory Tree Way, Gunners View Condo $109,900 Scored 28 out of 40
Good Value, Poor Condition Limejuicer Recommends

Treebranch Terr, Germantown View Townhome $260,000 Scored 28 out of 40
Par Rating Limejuicer Recommends

Laurel Grove Terrace, Gunners Lake Townhome $235,000 Scored 26 out of 40
Poor Condition

Willow Spring Court, Gunners Lake Townhome $239,000 Scored 26 out of 40
Poor Value

Partridge Wood Dr, Gunners Lake Townhome $225,000 Scored 26 out of 40
Great Location, Poor Condition

Partridge Wood Dr, Gunners Lake Townhome $175,000 Scored 28 out of 40
Great Value, Poor Condition Limejuicer Recommends

Grotto Lane, Germantown View Townhome $237,900 Scored 26 out of 40
Good Value, Bad Condition

Cross Ridge Court, Gunners Lake Townhome $144,900 Scored 27 out of 40
Great Value, Bad Condition

Timber Hollow Place, Gunners Lake Townhome $195,000 Scored 27 out of 40
Poor Value

Cross Ridge Court, Gunners Lake Townhome $159,900 Scored 27 out of 40
Great Value, Poor Condition

Summer Oak Court, Gunners Lake Townhome $274,900 Scored 27 out of 40
Poor Condition

Ridgecrest Drive, Gunners View Single Family $389,900 Scored 29 out of 40
Great Condition Limejuicer Highly Recommends

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans (aka "The Limejuicer")
Real Estate Consultant
Re/Max Town Center
Germantown. Maryland
(301) 540-2232 ext. 125
(301) 922-2156 cell

Germantown Maryland Sees Homesales Double as Temperatures Rise

2009-03-09T14:54:00.000-07:00

We started off this year with an average of 1.5 homes going under contract on a daily basis. Home Inventory numbers going into the New Year were hovering around 685 homes. It has never been more apparent to me that we were a community that had a glut of inventory.

Move to the present day and we have seen a decline of housing inventory by 38% to today's number 426 homes on the market. Total homes under contract and pending settlement is an astonishing 200 on the nose. To put this into perspective that is more than was sold in March 2004 (close to the height of the boom market). Should this trend continue at this pace we should anticipate a stable local real estate market by the beginning of the 3rd quarter.

Breakdown of the 200 pending settlement properties is as follows and the results it provides:

86 Short sales are under contract - This could potentially put a burden of the local rental market which currently only has 110 available rentals (not including apartments). The keeper investor may find it quite easy to rent their investment properties.

52 Owner Occupied homes under contract - These folks generally buy another home and may well be taking advantage of the lower move up prices and low interest rates. If they are purchasing another home we can anticipate further reduction to our inventory numbers and the best properties being sold in the next 30 days.

The remaining 62 properties were bank owned and were predominately in the lower price range i.e. Less than $300,000.

I will keep you posted if I see any additional changes to the housing supply, but as I mentioned in the past the ship is in port and we can assume it will be leaving sooner rather than later.

Check out my blogpost 9 December 2008 http://limejuicerrealestate.blogspot.com/2008/12/who-are-jones-anyway.html

This week's top rated properties from Team Limejuicer 6 March 2009

2009-03-06T04:37:00.000-08:00

The properties below are this week's top rated properties in Germantown:

Location: Shore Harbour, Germantown

Status: Regular Sale

Priced: $250,000

Built in 1992

Value: 5 (Overpriced, should be no more than $230,000)

Condition: 8 (Superior condition and staged beautifully)

Location: 10 (This is why this home has rated so well - panoramic views of the Lake)

Motivation: 7 (Average motivation)

Total Rated Score: 30 - If this condo were to be priced at market it would score a 32 (4 points higher than the average home in Germantown), question the buyer could have is do I want to pay an extra $3 a day for a view?

Location: Laurel Hill Way, Churchill Town, Germantown

Status: Regular Sale (Vacant)

Priced: $248,750

Built in 1984

Value: 7 (Market Value for the square footage)

Condition: 7 (Expected condition, new appliances, good windows, but poor front appeal)

Location: 8 (Backing to parkland, partial view of the lake from the deck)

Motivation: 7

Investor Score: 18.5

Total Rated Score: 29 (With some upgrading to the curb appeal, this is a keeper)

Location: Staffordshire Place, Waters Landing, Germantown

Status: Foreclosure

Priced: $209,900

Built in 1990 by Ryland Homes

Value: 10 (Very well priced - won't last long)

Condition: 7 (Newer appliances, fresh paint - appears to be in the process of addition TLC)Location: 7 (Average location backs to storm water pond)

Motivation: 7 (Corporate Owned)

Investor Rating: 20.5 (Great rental property, potentially flippable)

Total Rated Score: 31 (Highest rated foreclosure/home on the market in Germantown - will be sold by the end of the week)

Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans, P.C. - Real Estate Consultant

http://www.limejuicer.com/

Re/Max Town Center
Cell: (301) 922-2156

Office: (301) 540-2232 Ext 125

E-mail Lawrence@LimeJuicer.com

Blog: http://limejuicerrealestate.blogspot.com/

LinkedIn: http://www.linkedin.com/pub/3/52b/65b

Germantown Housing Inventory Numbers Plummet with Increasing Home Sales

2009-03-05T13:53:00.000-08:00

Is Germantown seeing the market changing? Yes - a drop of almost 40% of inventory since the beginning of the year.

Want some good news for a change? There are currently 191 homes under contract in Germantown, during the same period in 2004 there were only 149 homes under contract. These are incredible numbers considering all that has been going on lately, however, admittedly a very large number of these are foreclosed homes.

What you can take from this is the following, call/email all the folks you know that don't currently own a home and tell them that the market is getting much better and the boat could be leaving port soon (in passing you could also mention the rates are only 5% fixed and they only need to have 3 1/2% total cash to buy).

If you have followed my rating system (aka the Limejuicer Rating System) explained in past blogs it is now serving a purpose for which it wasn't originally intended. In brief the system analyses all properties on the market according to value, seller motivation, location, and condition providing both the consumer and the realtor a more accurate assessment of available properties. Well during the lengthy process of development, data entry, thousands of house previews/ratings, tweaking, learning and re-learning a number of unforeseen happenings occured. In future blogs I will explain them all, but for now one of these happenings is the system's uncanny ability to predict within a 7 day period a properties time on the market. At first I wasn't necessary sure what I was seeing, but the more I tested, retested and retested the numbers came together.

So a seller no longer needs to be concerned as to time on the market, the systems knows it and the buyer now also knows all the best properties on the market...Period....

Churchill Village South, 2008 Rated Market Update by Team Limejuicer

2009-02-18T06:08:00.001-08:00

Churchill Village South Single Family Home

Market Update for 2008

Churchill Village South community is located north of Father Hurley Boulevard and is bordered by Lake Churchill and Little Seneca Lake. Churchill Village - South was built with families in mind. Walking trails and bike paths criss-cross the entire community, which is immediately adjacent to Black Hills Regional Park. In addition to the lakes, CVS offers a host of other recreation opportunities including playgrounds, tennis courts and two swimming pools. There are two schools within the confines of Churchill Village - South, Lake Seneca Elementary School and Martin Luther King, Jr., Middle School. With Seneca Valley High School nearby, the children can literally walk to school from the first day of kindergarten until they graduate from high school.

This community is managed by Vanguard Management and appears to continuously strive to beautify the community's common grounds and facilities. Location wise this community boasts two Germantown's lakes and one of the best located community centers in the county (panoramic views of Little Seneca Lake in the foreground and Black Hills Regional Park in the background).

The community has a mixture of around 800 townhomes and single family homes - By the way the single family homes in this community are the only ones in Germantown that could score a 10 for location.....

Highest Sale for 2008

20037 Wanegarden Court - 4 Bedroom, 2 Bathroom Split Foyer sold for $431,000 in June 2008

The home was in above average condition scoring an 8 with newer appliances, new windows, carpet and paint. Location scored an 8 with a partial view of the lake and could have got a 9 if there hadn't been trees obscuring the view. Total score for the buyer was a 23 and the seller scored a 30. (Note - the seller could have managed an additional $20,000 without the tree obstruction) The higher the number for the buyer the better, the lower the number for the seller the better.

Lowest Sale for 2008

13501 Walnutwood Lane - 4 Bedroom, 3 Bathroom Rambler sold for $325,000 in May 2008

The home was in below average condition scoring a 5, it needed work in the basement, flooring and updated kitchen. This was a short sale that was unfortunately poorly managed. The buyer however did well and scored a 23, the seller scored a 30. The seller/bank lost around $32,000 by managing this incorrectly.

Total number of Successful Sales in 2008 - 8

Total number of Failed Sales in 2008 - 6

Each one of these failed sales had out of county representation - highly recommend you use a Germantown realtor, but at least a Montgomery County realtor.

Best Buyer Deal in 2008

19993 Wild Cherry Lane - Regular sale came on the market 26 February 2008 for $440,000, lowered their price to $425,000 on 27th March, to $410,000 on 16th April and for the last time to $399,000 on 13th May. Home was contracted on 10th July and settled 14th July for $390,000.

The buyer actually tied with two other buyers, but I felt that due to the condition of the property which scored a 9 (completely renovated with way superior materials) this home was beyond just move in. The buyer scored a 23 with a value score of an 8.

Worst Buyer Deal in 2008

20021 Wanegarden Court - Regular sale - 4 Bedroom, 2 Bathroom Split Foyer. Sold in 24 days for $430,000 on 2nd April. This home was in expected condition and scored a 7. The buyer scored a 20.

Best Seller Deal in 2008

Goes without saying if the buyer didn't do well then the seller must have....the winner is 20021 Wanegarden Court. Seller scored a 27 (made $20,000 more) - Local representation was used....

Worst Seller Deal in 2008

The winner is 13501 Walnutwood Lane - Poor asset management used on this pre-foreclosure, losing the bank tens of thousands of dollars.

Forecast for 2009

This is one of the most stable single family subdivisions in Germantown, there hasn't been a single foreclosed property and only one short sale on the market in the past 14 months. The concern this subdivision may have is it lack of publicity as to its location and its facilities. The natural tendency of all buyers is to look at homes that are going to be less expensive and distressed at the same time. Therefore, when one of these homes comes on the market they will be competing against homes in the greater Germantown area with substantially lower list prices. I highly recommend that if you live in this neighborhood and are looking at either retiring or moving up that you hire a Germantown Broker - they should be able to provide you with the largest local marketing exposure. This subdivision can anticipate further decline for the first 3 quarters of the year with between 6 and 10 sales occuring in 2009. Should Germantown's inventory numbers decrease by another 30% to around 300 properties then this subdivision will have rode out the economic storm better than most.

I hope you found this information useful, please feel free to contact me directly if you would like to make sure you get the best deal in town for both buyin and/or selling.

Lawrence Evans

Team Limejuicer - Re/Max Town Center - Germantown

Email me at Lawrence@Limejuicer.com or my cell phone (301) 922-2156

The Limejuicer Rating System is copyright protected 2009

Seneca Crossing Subdivision, 2008 Rated Market Update by Lawrence Evans of Team Limejuicer

2009-02-13T10:48:00.001-08:00

Seneca Crossing

Market Update for 2008

Seneca Crossing is located between Route 355 and Route 27 (Ridge Road). In 1995, this subdivision came off the drawing board and building commenced. It was a popular subdivision right out the gate with a brand new Elementary School added almost immediately. The four builders involved were Crane Homes, Winchester Homes, Ryan Homes and U.S. Homes. They built a lot of different models ranging in size from 2100 square feet to 6000 square feet. The models that they built were as follows: Exeter, Avalon, Raleigh, Foxhall, Cypress, Benfield, Devon, Newcastle, Sinclair, Arizona, Talbert, Collins, Browning, Kennett, Chelsea, Owens, Glenhaven, Birchfield, Barcroft, Wellington, Belvedere, and the Newport. Needless to say, there are ample choices of floor plans that make this subdivision interesting to any prospective purchaser. This location is convenient to shopping with Milestone Shopping Center right across the way and an I-270 on ramp only 1/2 mile away.

The children go to Sally Ride Elementary School (Magnet Program), Dr. Martin Luther King Jr. Middle School and Seneca Valley High School.

Highest Sale for 2008

11407 Seneca Forest Circle - Colonial built by Winchester Homes sold for $685,000 in March 2008

The home was in average condition, priced above market and scored a 5. Total score for the buyer was 19 and for the seller was 25. The higher the number for the buyer the better, the lower the number for the seller the better.

Lowest Sale for 2008

11727 Scarlet Leaf Circle - Colonial built by U.S. Homes in 1999 sold for $465,000 in August 2008. Total score for the buyer was 19 and for the seller was 25.

Total number of Successful Sales in 2008 - 19

Total number of Failed Sales in 2008 - 21

A good portion of these failed sales were short sales (pre-foreclosures) we can anticipate these coming back on the market as foreclosures (bank-owned properties)

Best Buyer Deal in 2008

20826 Tall Forest Drive - Regular Sale came on the market 28 August 2008 for $474,000, went under contract 24 September 2008 and sold 9 October 2008 for $465,000. This home was in above average condition and scored a 9, value scoring was an 8. The buyer scored a 24.

Worst Buyer Deal in 2008

11407 Seneca Forest Circle came on the market 21 November 2007 for $730,000, went under contract 26th March 2008 and sold 28 May 2008 for $685,000. This home had an unfinished lower level, was rated in average condition with a 5 value. The buyer scored a 19. For your information there was a property around the corner for less money, similar condition, same square footage and a finished basement. Why did the buyer buy this one? Mmmmmm, maybe they didn't drive around the corner!

Best Seller Deal in 2008

Goes without saying if the buyer didn't do well then the seller must have....the winner is 11407 Seneca Forest Circle - Seller scored a 25

Worst Seller Deal in 2008

Winner is 11618 Settlers Circle came on the market 18 March 2008 for $656,000, lowered the price to $599,900 on April 13th, again lowered their price to $589,900 on April 16th, again lowered their price to $549,900 on 22nd April. Contracted on 15th May and Sold 26th June for $515,000 with $20,000 closing help. I rated this property 26th March with a 6 condition meaning less than expected condition for this price range - it needed showcasing and some TLC, cost would have been $5,000. This home sold could have sold for $90,000 more....Seller scored a 31.

Forecast for 2009

The market value for these homes should stabilize this year, they are now at market, but can expect further decline during the first three quarters. There should be at least 15 to 20 sales on these streets with the Sold Prices for the foreclosures being no lower than $425,000 and the improved regular sales capping out at $550,000. A steady depreciation of 1.2 to 1.4% on a monthly basis can be expected. Should Germantown's inventory numbers decrease to between 270 and 320 total properties available one can anticipate we will have reached the last of the monthly depreciation. Current Germantown inventory numbers are 458 total homes available a decrease of over 30% since November 2008.

I hope you found this information useful, please feel free to contact me directly if you would like to make sure you get the best deal in town for both buying and/or selling.

Lawrence Evans
Team Limejuicer - Re/Max Town Center - Germantown

Email me at Lawrence@Limejuicer.com or my cell phone (301) 922-2156

The Limejuicer Rating System is copyright protected 2009

Waterbury Down South/North Subsection of Waters Landing and Churchill Town Sector, Germantown 2008 Market Update

2009-02-11T14:49:00.000-08:00

Waterbury Down South and North are located in the popular Waters Landing Subdivision - Which is also part of the Churchill Town Sector north of Father Hurley Boulevard. These were originally built by Ryland Homes between 1983-1986, the largest model the "Patuxent" boasts 1600 square feet and usually has 3 bedrooms and 2 and one half bathrooms. Their only drawback is that they are back to back townhomes, in other words do not have a basement, however this is one of the most affordable sections of the County. The Home Owner's Association has an on site manager and in my humble opinion is one of the better run Associations in the County, they have been able to keep their dues lower than most HOAs and still provide some of the best amenities around. There are two swimming pools, a dozen or so tennis courts, loads of play areas and walking paths to Lake Churchill and Black Hill Regional Park.

The children will go to either Waters Landing Elementary School (Whitechurch Circle) or Lake Seneca Elementary School (Demetrias Way and Larentia Drive), Middle Schoolers go to Dr. Martin Luther King Jr. Middle School and High Schoolers go to Seneca Valley High School.

Both Waterbury North and South are on the local bus route making commuting to the MARC or Metro extremely easy.

Highest Sale 2008

19803 Larentia Drive - 3 Level - $265,000 - Sold in March 2008

Home was in above average condition and scored an 8, it was listed above the market at the time and scored a 6. Total score for the buyer was 22 and for the seller it was 28. The higher the number for the buyer the better, the lower the number for the seller the better.

Lowest Sale 2008

13353 Demetrias Way - 3 Level - $162,750 - Sold in November 2008

Home was in below average condition and scored a 5, it was listed below market and scored a 9. Total score for the buyer was 27 and for the seller it was 33. The higher the number for the buyer the better, the lower the number for the seller the better.

Total Number of Successful Sales for 2008 - 15

Total Number of Failed Sales for 2008 - 19

All 19 of these properties were represented by agents outside of Germantown, 12 of them weren't even from Montgomery County.

Best Buyer Deal in 2008

13353 Demetrias Way - Bank owned property started on the market 28 March 2008 at $250,000; dropped their price 24 April to $237,500; dropped again 4th June to $225,900; 4th August to $195,000 and finally contracted 10 October and settled in November 2008 for $162,750.

Worst Buyer Deal in 2008

13433 Demetrias Way - Short sale (Pre-foreclosure), Priced at market in February 2008 $260,000; sold in May 2008 for $255,000. The property was in need of appliances, new carpet and paint. No clue why a buyer would have bought this one when the above property was on the market at the same time....mmmmm? Buyer scored a 19

Best Seller Deal in 2008

Goes without saying if the buyer didn't do well then the seller must have....the winner is 13433 Demetrias Way - Seller scored a 25

Worst Seller Deal in 2008

Winner is 13353 Demetrias Way - Seller scored a 33 - Could they have improved their position, absolutely - If they had replaced the appliances, carpet, windows, and painted (Total cost $20,000) they could have sold it in May for you guessed it $255,000 as opposed to $162,750 in November. What a concept!

Forecast for 2009

The market value for these homes should stabilize this year, they are now under market even for the current economic conditions. There should be at least 12 to 15 sales on these streets with the Sold Prices for the foreclosures being no lower than $145,000 and the improved regular sales capping out at $175,000. A steady depreciation of 1.2 to 1.4% on a monthly basis can be expected. Should Germantown's inventory numbers decrease to between 270 and 320 total properties available one can anticipate we will have reached the last of the monthly depreciation. Current Germantown inventory numbers are 458 total homes available a decrease of over 30% since November 2008.

I hope you found this information useful, please feel free to contact me directly if you would like to make sure you get the best deal in town for both buying and/or selling.

Lawrence Evans

Team Limejuicer - Re/Max Town Center - Germantown

http://www.limejuicer.com/ or my cell phone (301) 922-2156

The Limejuicer Rating System is copyright protected 2009

Top Rated Properties in Germantown this Week

2009-02-11T13:23:00.000-08:00

The properties below are this week's top rated properties in Germantown:

Location: 11412 Applegrath Way, Brandermill

Status: Active, (Bank Owned)

Priced: $164,900 (Originally priced at $199,900)

Built in 1986

Value: 10 (Hit the really good buy list)

Condition: 6 (Slight aroma, newer appliances, new carpet, paint is okay, needs new windows)Location: 6 (Backs to other townhomes)

Motivation: 7

Investor Rating: 19.5 (Good rental property - could be a flip at the right price o/a $140,000)Total Rated Score: 29 (Shouldn't last long especially with the low interest rates)

Location: 18640 Sage Way, Cinnamon Woods

Status: Active (Bank owned)

Priced: $134,900 (Originally $144,900)

Built in 1975

Value: 10 (Great rental property)

Condition: 6 (Needs new appliances and carpet)

Location: 6 (Backs to other townhomes)

Motivation: 8 (Really motivated Bank)

Investor Rating: 20 (Really good rental potential flip o/a $120,000)

Total Rated Score: 30 (Should be the first to sell in that subdivision)

Location: 20229 Shipley Terrace, Lakeview (Close to Town Center)

Status: Active (Bank owned)
Priced: $136,000 (Originally $169,900)
Built in 1983
Value: 10 (Great rental 3 bedroom, 2 bathroom)
Condition: 6 (Needs flooring and paint)
Location: 7 (Close to Germantown Town Center)
Motivation: 7 (Uninformed, under marketed Foreclosure)
Investor Rating: 20 (Speaks for itself - good investment)
Total Rated Score: 30 (Will not last long at all)

The above properties have either lowered their price (increased value) and/or added to their condition - they can now be considered good buys. For your information Team Limejuicer and I have previewed over 3000 homes in the past year and a half. We rate and rerate if necessary, homes on a daily basis - this system allows us to not only keep our seller clients informed as to their competition, but also allows us to find the best valued properties for our buyer clients. Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans, P.C. - Real Estate Consultant

http://www.limejuicer.com/

Re/Max Town Center
Cell: (301) 922-2156

Office: (301) 540-2232 Ext 125
E-mail Lawrence@LimeJuicer.com
Blog: http://limejuicerrealestate.blogspot.com/
LinkedIn: http://www.linkedin.com/pub/3/52b/65b

Homes sold so far this month: 33 - Averaging 3 a day

The Limejuicer Rating System is copyright protected 2009

7th Annual Germantown Walk for the Homeless

2009-02-04T07:31:00.000-08:00

In 2005 the Washington metropolitan area saw approximately 14,000 people homeless on any given day.

Nearly half are families; more than a third are children.

Many people assume that most people lose their homes because they abuse drugs or alcohol. But it’s not that simple. People get evicted from their homes because they cannot afford steep rent hikes. People lose their jobs and wind up on the streets. Single working mothers show up at shelters with their children because they can not afford day care. Other people end up homeless because they are too sick to work or were forced to flee an abusive home. Some people ran away as teenagers and cannot afford to live on their own. While everyone’s story is different, all homeless people have two things in common: They are extremely poor and they have no permanent place to call home.

I have asked Catherine Matthews, Director of the Upcounty to update these numbers for us - My thoughts are that these numbers will have increased due to the high foreclosure and short sale rates.

It is with this in mind that I have decided to organize the Germantown Walk for the Homeless for the 7th year - I will keep you all posted as to the date of the walk and how you may be able to assist or sponsor. I would like to thank you in advance for any help that you may be able to provide.

We will be updating the official walk website as time goes along - please feel free to check it out. www.GermantownWalk.com

The Seven Must Haves of a Market Update

2009-01-29T04:58:00.000-08:00

In the coming weeks you will notice that I will be compiling last year's Germantown statistics at a micro level (by subdivision) and eventually finishing at the macro level (Germantown as a whole).

The following will be a summary of what you can expect in each report:

History of the subdivision (age, builder, amenities, schools, HOA, unit numbers and style of housing)
Number of sales in 2008 (including type of sale and average number of days on the market)
Number of failed listings and why they failed
2008 best deal (based on Condition, Value, Motivation and Location) for the neighborhood
2008 worst deal (based on Condition, Value, Motivation and Location) for the neighborhood
2009 Forecast for the neighborhood (Number of Sales and projected Average Sales Price)
Advice to potential sellers in the neighborhood of how to specifically maximize their profit according to their neighborhood

My goal is to compile an Annual Report for the Germantown Area that will be specific, useful, informative and worthy of my fellow realtors review.

Best homes on the market in Germantown Maryland Week ending 24 January 2009

2009-01-23T06:06:00.000-08:00

The properties below are this week's top rated investments in Germantown:

Location: Saint Johnsbury Lane, Fox Chapel, Germantown

Status: Active (Countrywide Owned)

Priced: $209,900 (Just reduced $100,000)

Built in 1970

Value: 10+ (Unbelievable price - Great buy)

Condition: 5 (Needs work)

Location: 6 (Typical location for this subdivision)

Motivation: 7

Investor Rating: 19 (Great keeper or flipper)

Total Rated Score: 28

Location: Warrior Brook Drive, Germantown Estates, Germantown

Status: Active (Privately owned)

Priced: $334,888

Built in 1982

Value: 9 (Great starter home)

Condition: 9 (Granite countertops, new appliances, new carpet and hardwoods, new fencing, nicely updated)

Location: 6 (Backs to other single families)

Motivation: 7 (Typical motivation)

Investor Rating: 20 (Good keeper)

Total Rated Score: 31 (Awesome buy)

Location: Walnutwood Lane, Churchill Village, Germantown

Status: Active (Privately Owned)

Priced: $299,000 (Just reduced $50,000)

Built in 1976

Value: 10+ (Two Car Garage at this price?)

Condition: 4 (Needs updating)

Location: 7

Motivation: 8

Investor Rating: 19.5

Total Rated Score: 29

The above properties have either lowered their price (increased value) and/or added to their condition - they can now be considered good buys. For your information Team Limejuicer and I have previewed over homes in the past few months. We rate and rerate if necessary, homes on a daily basis - this system allows us to not only keep our seller clients informed as to their competition, but also allows us to find the best valued property for our buyer clients. Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans, P.C. - Real Estate Consultant

http://www.limejuicer.com/

Re/Max Town Center
Cell: (301) 922-2156

Office: (301) 540-2232 Ext 125

E-mail Lawrence@LimeJuicer.com

Blog: http://limejuicerrealestate.blogspot.com/

LinkedIn: http://www.linkedin.com/pub/3/52b/65b

This week's best deals in Germantown Maryland - Courtesy of Lawrence Evans of Team Limejuicer

2009-01-12T08:02:00.000-08:00

The below properties are this week's top rated properties in Germantown:

Location: Hickory Tree - Germantown

Status: Active - Foreclosure

Priced: $115,900 (2 Bedroom, 2 Bathroom)

Built in 1982

Value: 10 (Awesome Investment Rental Property - rent for around $1200 a month)

Condition: 5 (Needs Paint, complete flooring and new bathroom sink)

Location: 7 (Great location - convenient)

Motivation: 7 (Bank Foreclosure)

Investor Rating: 19.5

Total Rated Score: 29 (Will sell within a week)

Location: Swiss Circle - Farmingdale - Germantown

Status: Active - Trustee Sale

Priced: $189,000

Built in 1983

Value: 8 (2 Level, 2 master bedroom suites)

Condition: 9 (Almost completely renovated - fresh paint, new flooring throughout, stainless steel appliances)

Location: 7

Motivation: 8 (Trustee willing to help with buyer's closing costs)

Investor Rating: 20

Total Rated Score: 32 (One of the top condos on the market......)

Location: Saint Johnsbury Lane - Fox Chapel - Germantown

Status: Active - Regular Sale

Priced: $249,900 (Started at $369,000)

Built in 1974

Value: 10 (4 Bedroom, 2 Bathrooms)

Condition: 7 (Move in condition)

Location: 6

Motivation: 7

Investor Rating: 20

Total Rated Score: 30 (Highest rated single family in Germantown)

The above properties have either lowered their price (increased value) and/or added to their condition - they can now be considered good buys.

For your information Team Limejuicer and I have previewed thousands of homes in the past few months. We rate and rerate if necessary, homes on a daily basis - this system allows us to not only keep our seller clients informed as to their competition, but also allows us to find the best valued property for our buyer clients. Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

Lawrence Evans, P.C. - Real Estate Consultant

http://www.limejuicer.com/

Re/Max Town Center
Cell: (301) 922-2156

Office: (301) 540-2232 Ext 125

E-mail Lawrence@LimeJuicer.com

Blog: http://limejuicerrealestate.blogspot.com/

LinkedIn: http://www.linkedin.com/pub/3/52b/65b

Wall Street vs. Main Street?

2009-01-06T14:28:00.000-08:00

Often times we kick ourselves for not making decisions; you don't need me to tell you that the Real Estate market has taken a turn for the worse, or the stock exchange numbers have plummeted, or ones 401k is no longer existent etc.....

During the times that we noticed these changes occuring we considered reinvestment choices...didn't we.....Did we reinvest? Most of us stood the course hoping that this was an anomaly and that things were going to change for the better....

I suggest we make our own change, here is an example:

Invest $100,000 in a condominium in Germantown today:

Rent it for $1200 a month for the next 8 years = $115,200

In the next 8 years the likelihood based upon supply and demand that this condo gets to 2005 prices is extremely high.

Sell the Germantown condo in 2017 for $200.000.

Total investment: $100,000 plus carpet, paint, some minor repairs minus tax savings

Total revenue: $115,200

Potential Sale Amount: $200,000

Total profit minus initial investment: $215,200 in 8 years (not including rental appreciation)

What is the percentage of return? 26% on an annualized basis........

Let's say one had one's retirement account all in savings paying one dividends:

$800,000 in retirement savings paying one $40,000 a year in dividends (5%)

Let's buy 4 condos at $100,000 and rent them each for $1,200 = $4,800 a month or $57,600 a year.

Sell those 4 condos in 8 years: $800,000 in real estate and $460,800 in revenue

I would suggest one invest in Main Street - this is where the common need will always be....Wall Street should be left for the greedy and the lazy.

Germantown Deals of the Week 12 December 2008

2008-12-12T06:49:00.000-08:00

The below properties are this week's top rated properties in Germantown:

Property Number 1

Location: 13117 Wonderland Way, Farmingdale, Germantown
Status: Active (Foreclosure)
Priced: $135,000
Built in 1983
Value: 10 (Two Bedroom, Two Bathroom with a fireplace)
Condition: 8 (Exceeds expectation, new appliances, new carpet and fresh paint)
Location: 6 (Longish walk from the parking lot)
Motivation: 7 (Bank appears to have their act together on this one.....)
Investor Rating: 20.5 (Very high rating, great keeper - will rent for $1300 a month)
Total Rated Score: 31 (Highest rated condo in Germantown)

Property Number 2

Location: 20213 Red Buckeye Court, Blunt Commons, Germantown
Status: Active (Foreclosure)
Priced: $249,900
Built in 1994
Value: 9 (Has a fair number of modern features)
Condition: 6 (needs appliances, carpet and paint)
Location: 8 (Backs to trees)
Motivation: 8 (Banks is motivated.....)
Investor Rating: 20 (Great keeper - loads of potential)
Total Rated Score: 31 (The highest rated townhomes in the Upcounty)

Property Number 3

Location: 20824 Scottsbury Drive, Wexford, Germantown
Status: Active (Foreclosure)
Priced: $325,000
Built in 1990
Value: 9 (One of the largest Split Foyer in Germantown)
Condition: 6 (Needs carpet, but in very decent shape with hardwood flooring)
Location:8 (Backs to the swimming pool and tennis courts)
Motivation: 7 (Very clean)
Investor Rating: 19.5 (The best single family home in Germantown in this price range)
Total Rated Score: 30

The above properties have either lowered their price (increased value) and/or added to their condition - they can now be considered good buys. For your information Team Limejuicer and I have previewed over 2600 homes in the past few months. We rate and rerate if necessary, homes on a daily basis - this system allows us to not only keep our seller clients informed as to their competition, but also allows us to find the best valued property for our buyer clients. Hopefully you found this information useful, if you would like to learn more about the Limejuicer Rating system please feel free to contact me directly. Team Limejuicer is waiting to serve your real estate needs and always welcomes referrals! Thank you for your time.

The Limejuicer Rating System is copyright protected 2008

Who are the Jones' anyway?

2008-12-09T10:26:00.000-08:00

Are we living and breathing this economy every day? We turn the telly on and receive the latest (usually pessimistic aka. hara kiri type) news, then first thing in the morning we pick up our newspaper and are faced with headlines like "Economic pain..." or "Delinquencies up..." What are we meant to think?

I think we all know that with every correction there will be a new brand of millioniares - is it going to be the Jones' next door or you?

Let's pretend we are the Jones' - what decisions would we be making today? What are we basing are decisions on? Do we depend on the Telly, the Press, the Internet or past trends (history)?

If we are relying on the Telly, more than likely we will not be making a decision to invest in anything, staying put with our mutual funds, hunkering down for the storm and maybe cashing out of any long term investments.....

If we are relying on the Press (Fourth Estate - truly an escalating form of influence in our society) then there is the likelihood you may need to move to your basement with a Y2K attitude.

If we rely on the the internet we could easily fall prey to all kinds of schemes ranging from send me your SSAN to front row tickets to the Inauguration.

If we rely on past trends:- Housing prices double every 12-14 years; Rental prices only go up; Population is increasing; Interest rates never stay low.......

So what do we do as Mr & Mrs. Jones, December 2008 - we can hope that our retirement investments increase overtime or we can take advantage of 2002 prices in real estate. Do it now, don't wait, don't stop to wait, just do it before it is too late.......

We all understand how tough it is to make a financial decision, but listen to that little voice (it is more than likely saying " there isn't a better time to buy your next home than now").

Home Buyers Warranty anyone?

2008-12-03T03:40:00.000-08:00

I have often been asked as to whether a Home Owners Warranty is a worthwhile purchase. To answer this query we have to look at the cost vs. the benefit.

Warranties can range in price from $400 to $600 a year cover the majority of items in a home; with optional items like hot tubs and well pumps at an additional cost. There is a deductible per item ranging from $60 to $150.

Let me give you a couple of examples:

Example #1

We recently had our garage door opener and our stove element break, the cost to me was $60 per item totalling $120. Had I not had a warranty the door opener would have cost $130 plus labour and the stove element would have cost $75 plus labour. So far in this warranty period (June 08 - June 09) I have spent $500 for the warranty and $120 in deductibles totalling $620. Had I not had the warranty I would have spent $205 for parts and an additional $100 or so for labour totalling $305.

So far I am out $315 for the year (I really don't want anything else to break, however, it would be nice to recoup this loss)

Example #2

In 2002 we owned a warranty on our last home the cost in those days was $375 a year - that year the following items failed and needed replacing:

Hot water heater
Heat pump/Air Handler
Dishwasher

Total cost to me to replace all these items was $375 plus $400 in deductibles totalling $775. Had I not had the warranty that year I would have been looking at over $4000 in replacement expenses.

One doesn't know when things are going to breakdown, however, one can have an educated guess as to when items in our homes will be wearing out and need replacement or fixing.

If we purchase a resale home with items that no longer have their original warranties the $500 for the warranty certainly provides us "peace of mind" - in the course of 10 years we would be spending $5000 for warranties, however, we could also be replacing our hot water heater, washer, dryer, stove, fridge, heat pump, air handler and so on......

Personally I like the peace of mind......

From here to Urbana

2008-11-24T06:37:00.000-08:00

It was Sunday morning when I ventured up to Urbana (only 11 minutes without traffic from Germantown) - Of the 20 or so homes that I had previously previewed and rated only 6 had any potential.

What I discovered whilst previewing the properties in Urbana (Friday) was that they had an unusual percentage (over 95%) of distressed homes (Short sale/Foreclosure) on the market. The reason for this high percentage must be that the vast majority of these properties were built after 2003 and have little to no equity, in fact, they have substantial depreciation (over 30%).

What can we learn from this:

New homes depreciate faster than resales in a buyer's market (Resale value is based on comparable resales that have sold - New homes have the builder profit built into the price)
When purchasing a new home always keep in mind the potential resale value (This is relatively easy to calculate - square footage is the key)
Location, Location, Location - Urbana is a really nice area to live in, however, it requires additional commute time
The combination of a newer area with builders still building and a depreciating market, resale prices are going to drop faster. The builder has to remain competitive and usually have deeper pockets than the regular homeowner. The builder is going to offer incentives that the regular homeowner can't or is just not able to.

So should I buy in Urbana you ask? The answer is Yes. There are some really good valued homes that will by the next market be quite desirable. As always, remember to buy quality, location and stay well within your affordablity zone.

P.S. There are other areas that are being impacted in a similar way i.e. Clarksburg and Kingsview

2008-11-20T07:44:00.000-08:00

"Rediscovering the American Dream"

http://www.inman.com/buyers-sellers/columnists/marciegeffner/rediscovering-american-dream By Marcie Geffner, Tuesday, June 24, 2008. Inman News

Even though this was written back in June it doesn't change our need to "Rediscovering the American Dream". It doesn't surprise me that with the continuous negative news we receive on a daily basis that first time homebuyers are sitting on the fence.

Yesterday evening I held a homebuyer seminar at the Pinnacle Room in the Germantown Town Center. The following are some of the questions that I was asked by the audience:

Can we still get a loan to buy a home?
Is this a good time to invest in a home?
Will housing prices still fall further?
Are there good deals in Germantown and elsewhere?

Well the simple answer to all those questions is YES.

Limejuicer Enters the Blogosphere

2008-11-19T07:01:00.000-08:00

Blogging has always intrigued me - I have often gone to a blog to seek answers to questions; catch up on a subject that interests me; and add the occasional comment in agreement or disagreement.

Hopefully you will be patient with my blogging inexperience, but as we go forward my goal is to provide you useful insight on various real estate topics from acquisitions (when, how, why and where) to predictions (how much, how many, how soon etc).