1425 Clarkview Road
Suite 700
Baltimore, MD 21209

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Short Sale - 5637 Settler Place

$185,000 Investor Alert!!!!

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Address: 5637 Settler Place	City/ST: Columbia, MD	Zip Code: 21044
Location: Columbia, MD	Property Type: Townhouse	New or Resale: Resale
Square Footage: 1840	Bedrooms: 3	Bathrooms: 2 full, 1 half
MLS# HW6868331	Property Tax: 2948

This property is back on the market, has been through the short sale process, and a quick decision can be obtained!!! Located in the heart of Columbia, literally across the street from Howard County Community College and Howard General Hospital, this 3BR/2.5BA brick front townhome has a ton of possibilities. Unfortunately it needs some work and some cleaning up, but can be a wonderful home! Already offers hardwood floors, separate dining room, LARGE eat-in kitchen with ceramic tile floors, partially finished walkout basement, and 3 generous sized bedrooms. Some new flooring, new paint, new kitchen & baths, and some landscaping would really help this home get back to its rightful condition. SHORT SALE, subject to a 3rd Party Approval and sold as is.

Last Updated: 12/3/2009 2:42:23 PM

Listing Agent and Office: Corey Campbell and Nicholas Kellar, Yerman, Witman, Gaines & Conklin Realty

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Investment Real Estate >Investment Property Exchanges

When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.

When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.

It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.

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Q	During what great land boom (1919) did investors pay up to $25,000 for lots that had not yet been dredged up from the ocean?
A	The Florida Land Boom--Carl Fisher founded Miami Beach that year and brought hundreds of investors to the state.
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Corey Campbell and Nicholas Kellar, REALTOR�, real estate agent and broker for Owings Mills, Reisterstown and Westminster, Maryland home listings, property and land for sale - NUMBER1EXPERT

Corey Campbell and Nicholas Kellar
Yerman, Witman, Gaines & Conklin Realty
1425 Clarkview Road, Suite 700
Baltimore, MD 21209
Corey Cell: 410-236-1339
Nicholas Cell: 443-375-2224
Corey's Direct line: 443-798-7856
Nicholas Direct line: 443-798-7858
Fax: 410-583-0222
Email: CKG@YWGCRealty.com
As a team, we deliver a positive, high energy, and hard work ethic to our clients! It's a given that we will provide the highest level of service and loyalty, while using our knowledge of the industry, market, and area to help meet your goals! While putting your needs first, we continually strive towards earning your trust and business in building a longstanding relationship! We value the significance that a real estate transition is in one's life. That being said, we will practice empathy and patience in guiding your best interests from contract to settlement!

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