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Ian Shaw
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ian.shaw@lnf.com
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SOLD
$165,000
Date 06/30/2020

9726 Baltimore Avenue
Laurel, MD 20723

Land
Residence
6.21
Acre Lot
1of
Photos
Map
Courtesy: Keller Williams Integrity
brightmlshomes.com> Maryland> Laurel> 20723
WOW!!! ATTENTION ALL BUYERS!!! OWNER WILL FINANCE AT 0% APR!!!Looking to build your new home? How about building a home and having 6 acres of fully timbered privacy in a park like setting with a creek? If so, you~re in the right place. Because the seller is offering these 6 never before incentives:1) The Seller is willing to owner finance the purchase price, and give you an interest rate of 0% for 18 months (depending on your down payment);2) In the market to build? Is your family expanding and you need a larger home? Use the equity in your current home and apply that for your down payment ~ tax free & no payments ~ EVER!! (Hint: it~s not a refinance, it's not a HELOC, in fact, it~s not even a loan!)3) Up to 6 months of NO PAYMENTS after closing (on a seller carry note);4) A Full marketable warranty deed title will be conveyed to Buyer on seller financing with NO liens!! Meaning the Buyer can use all the equity in the land to mitigate a construction/development loan with no down payment;5) For all mortgage buyers, the Seller will pay for a 1% interest rate buy-down (if elected);6) The seller is willing to pay ALL closing costs, including a buyers loan closing costs.For buyers seeking seller~s financing, upon posting your down payment and signing a simple contract for deed, you can immediately take possession of the land, and a full marketable warranty deed will be conveyed. You must act fast, because the seller may withdraw these incentives at any time.As a summary, if you~re looking to build, and if you have equity in your current home, you can apply your equity towards the seller~s financing, with no payments for six months, and 0% interest for 18 months. In addition, you will be given a full marketable warranty deed with snow mortgage liens or security liens. In essence, you~re exchanging a small portion of the equity in your current home, for $300,000+ in equity in this land. Now, getting a construction loan for your dream home will become a reality.6.22 Acres in Howard County with 4 feasible lots! This lot is Zoned R-SC, perfect for single-family structures or townhomes (including duplexes). This zoning type requires each lot to have 6,000 minimum square feet. The full feasibility site analysis was completed by Vogle Timmons Engineering in Ellicot City, and they have already assessed the footprint allowance for the 6.22 acre parcel including terrain, utility allowances, sidewalks, and a road. A full site plan is the next step needed to develop this parcel which would address the hydrology, storm drain placements, and other horizontal improvements if a Buyer wants to develop this land as a development. If the buyer wants to build one home (or as a family plot), that is also possible and likely easier/faster. The property has a creek runs through the center of the 6-acre parcel and Howard County requires a 75~ setback from the creek. The remaining acreage is fully timbered and can serve as a privacy space, greenspace/walking trails, or can be designated as a conservation easement for tax purposes or be placed into the Conservation Reserve Program (CRP) which is a federal program that gives landowners an annual per-acre payment to take environmentally sensitive land out of development. The choice is up to the Buyer. This land is priced to MOVE QUICKLY so don't wait!
MDHW275324
Land
HOWARD
6.21 Acres
Public Sewer
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Courtesy: Keller Williams Integrity
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