Tuesday, October 27, 2015

712 Kersey Road in Silver Spring, MD. Sold and I found the buyer! Complex sale but it settled.

Call:  (301)943-4370
Today one of my buyers closed on 712 Kersey Road,
one of the most desirable locations in Kemp Mill Estates, a subdivision in Silver Spring, MD.
In addition to being in a sought after part of Kemp Mill, 712 Kersey Road is part of the
cluster of homes built in Kemp Mill during the mid 1980's, so it is more unique and has more of
a contemporary feel than most of the homes in Kemp Mill, which were built in the late 1950's and early 1960's.  The location and style of home offset the home not having electricity and being full of clutter when it went on the market.  There were multiple offers on the home with esclation clauses and it went under contract in just a few days. Fortunately my buyers won the bidding war.
This home was listed as a short sale, meaning that the sellers of the home were asking their lender to
forgive the balance, if any between the sales price and the how much they owe on a loan.  I must give
kudos to the listing agent and short sale team for getting the short sale approved in a very short time period. In addition to this being a short sale, the seller was fending off bankruptsy so we depended on the court to ultimately approve the sale.  With the complexity of the sale I am amazed that we
settled in less than 3 months.  I have worked short sales that have taken 6 plus months.  I know the contract period seemed like forever for the buyers but for realtors who are selling homes every day, 712 Kersey Road was about as smooth and short of a sale as I could ever imagine, given the complexity of the sale. 
I was happy to be there for my buyers every step of the way and will be there every step of the way when you, your colleagues friends and family are ready to move.
If you or yours are thinking about moving, have a real estate question or want to talk about the market, please contact me any time.  I always appreciate and have time for your referrals.
Thank you!
Adam Bashein
Licensed in MD & DC
Cell:  (301)943-4370
Office:  (301)469-4700 - ask for Adam
Long & Foster Real Estate, Inc.
information deemed to be accurate but not guaranteed

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