Hollaway Estates, Upper Marlboro, MD

County Property Tax Assessments vs. Market Value

Neighbors,

In Prince George’s County, MD, property tax assessments are issued in every year in July. The county  Assessor’s office is responsible for valuing your property once every three years.  After reviewing my recent  tax assessment on my own residence in Upper Marlboro, MD, I noticed it has decreased in value (again) roughly 17%.   I purchased this property in 2006 for $410K.  The county has valued it at $244K.  That’s a difference of  -$166K and an overall loss of 40%.  To make matters worse, the real disparity is in the actual sales of properties in my neighborhood.  As a Realtor, I conducted a Comparable Market Analysis or as we real estate agents call it “CMA”, and the numbers suggest that my home would sell for about $190K.  That’s the real “Market Value” and it shows an overall loss in property value of more than 50% of what I purchased the house for six years ago.  I’m in tears!

Know Your Elected Officials in Upper Marlboro, MD?

Nieghbors,

Holloway Estates, Upper Marlboro, MD is located in Maryland Congressional District 5.  Our representative in the U.S. House of Representatives is Congressman Steny Hoyer.  At the state level, we live in Maryland District 27, represented by our State Senator (Not U.S. Sentator), Thomas V. "Mike" Miller, Jr.  Our State Delegates in the Maryland General Assembly for District 27A are James E. Proctor Jr. and Joseph F. Vallario Jr. 

At the County level (councilmanic), we live in District 9, represented by Councilman Mel Franklin.

Should I Affiliate With Zip Realty?

Neighbors,

As most of you know, I'm a former ReMax Real Estate Agent. Like many other agents and brokers, I left ReMax due to the high affiliation fees they charged each agent/owner on a monthly basis.  Their commission structure didn't seem to coincide with most agent's productivity levels (sales numbers) in this terrible market.  So, here I am now searching for a new brokerage to join.  I'm thinking about joining Zip Realty and would like to hear any feedback you may have on Zip Realty.  Thanks!

Angelo D. Rhodes
angelo@rhodesknows.com

Illegal Debt Collection Practices: Here's What They Cannot Do...

Debt Collectors may contact you in person, by mail, telephone, telegram or fax. However, they may not:

• contact you at unreasonable places or times unless you agree;
• contact you so often as to constitute harassment;
• contact you at work if they know your employer disapproves of personal calls;
• reveal your indebtedness to anyone except you and your lawyer in most cases,
  although they can contact others to find out where you live and work;
• threaten violence or harm against you, your reputation or property;
• use obscene or grossly abusive language;
• advertise the fact that you owe a debt; or
• make you accept collect calls, or violate your privacy by contacting you by postcard

Returning From a Brief Real Estate Hiatus

I took a brief hiatus from Real Estate and will be up and running again by June 18th.  I will be responding to all the neighbors who have inquired about the site regarding home sales, crime statistics, issues affecting Hollaway Estates etc.  Thank you for your patience.

Search for Unclaimed Property in Maryland on Comptroller's Website

The Maryland Comptroller's Office tries to locate the rightful owners of stocks, bonds, savings accounts, security deposits, contents of safe deposit boxes, insurance proceeds and other valuables which are reported to us as unclaimed by banks and other financial institutions after three years. Real property is not included. The owners or their legitimate heirs can claim the funds at any time. There is no statute of limitations. You can search ther records online free of charge.

https://interactive.marylandtaxes.com/individuals/unclaim/default.aspx

Angelo D. Rhodes, ePro Realtor
Colonial Homes Real Estate
6710 Oxon Hill Rd. Suite 100
National Harbor, MD 20745
Office:  301-749-4077           

Brookwood Hollaway Civic Association Meets at Rosaryville Elementary School Tonight

Neighbors,

The Brookwood Hollaway Civic Association will hold its annual General Membership meeting tonight at Rosaryville Elementary School, 7pm.  Please contact me for more information angelo@rhodesknows.com.

Angelo D. Rhodes, ePro Realtor
Colonial Homes Real Estate
6710 Oxon Hill Rd. Suite 100
National Harbor, MD 20745
Office:  301-749-4077

 

PEPCO Energy Saving Program

Neighbors,

PEPCO has created a program called PEPCO Energy Wise Rewards.  The way it works is PEPCO will connect an indoor programmable thermostat or an outdoor digital unit to your central air conditioning unit.  They will automatically cycle air conditioners from all other households that participate.  This helps the total load balance on the region's demand for electricity.  Therefore, your monthly electricity bill should decrease. 

Just wondering if anybody has signed up and if they have noticed any significant savings?  Thanks.

Angelo

Ebenezer AME Church In Fort Washington, MD Facing Potential Foreclosure

Nieghbors,

I just saw an article online about Ebenezer AME Church in Fort Washington, MD.  The church is having financial hardship just like many homeowners.  Click here to read further:

http://www.msnbc.msn.com/id/36132044/ns/business-real_estate/from/toolbar

2010 Census Takers May Visit Your Home

Neighbors,

For those of you who did not submit your 2010 Census Forms, you can expect a visit from a Census Taker.  The Census Takers will be visiting those homes in person from April-July 2010 for those households that did not send back the census forms.  The Census Taker will visit your home up to 3 times to collect the necessary information.  You are required by law to provide this information.  Click on the following link for further details.  http://2010.census.gov/2010census/how/census-taker.php

angelo@adrhodes.com