PODCAST

Baltimore Real Estate Podcast with Lee Tessier

Lee Tessier

A Video Blog about the Baltimore Real Estate Market for buyers and sellers by Baltimore"s premiere Realtor Lee Tessier

education training

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What’s Next for the Lee Tessier Team?

Baltimore Real Estate Podcast with Lee Tessier ·

2018/03/06

Now that we’re an independent brokerage with a new name, we’re looking to add some more great agents to our team. Interested?As of this day forth, we are the Lee Tessier Team at Lee Tessier Real Estate. Now that we’re officially an independent brokerage, we’re also looking for additional agents to join our team. Specifically, we’re looking for individuals who have a desire to win and know how to take care of our clients’ needs and our team’s needs. We can provide training,

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Are You Ready for the Spring Market?

Baltimore Real Estate Podcast with Lee Tessier ·

2018/02/16

What should you expect to see on the market as we transition into spring? I have information and advice that you might find useful. Today, I’d like to talk about what we can expect in terms of the market now that we’re leaving winter behind and transitioning into spring. Spring is when the real estate market really starts to get busy. Sellers are occupied with preparing their homes for the market by painting, cleaning things out, emptying closets, making whatever repairs they need to,

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Why You Should Put Job Changes on Hold During a Home...

Baltimore Real Estate Podcast with Lee Tessier ·

2018/01/22

When it comes to the matter of job changes, it is best to avoid alterations in your employment status until after a home purchase is complete. Here’s my advice on this kind of situation. Today I’d like to go over what you need to know about undergoing job changes while trying to obtain a mortgage. First, what happens if you transfer from a being a W2 employee to being self-employed or to a 1099 status? Especially when you take on a 1099 status, most lenders are going to want to see

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How Do the New Tax Laws Affect You When It Comes to...

Baltimore Real Estate Podcast with Lee Tessier ·

2018/01/11

How does The Tax Cuts and Jobs Act impact our local real estate market? I’ll go over a couple of important things that you should know today. The Tax Cuts and Jobs Act has been signed into law. How do these new tax rules impact our real estate market? One thing that had very little media presence was capital gains on primary residences. As long as you’ve lived in your home for two out of the last five years, you do not have to pay taxes on the profit of your home sale. There is a cap of

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A Few Tips for Winterizing Your Vacant Property

Baltimore Real Estate Podcast with Lee Tessier ·

2018/01/08

There are a few tips and tricks you need to remember if you want to keep your vacant property well-maintained this winter. If you’re worried about your vacant property this winter, here are a few things you can do to put your mind at ease. First, keep the heat on and make sure it’s at a minimum of 55 to 60 degrees. If you use oil or propane, make sure you have enough to get through the wintertime. We had some issues with people late last year who discovered at the last minute that their

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Happy Holidays!

Baltimore Real Estate Podcast with Lee Tessier ·

2017/12/06

The holiday season is back already. Today, we’d like to express our sincere appreciation for all of you during this season of joy. It’s that time of year already. I want to wish all of my friends, clients, and family a very happy holiday season. "Happy holidays to our friends, family, and clients." If there is anything you need during this time of year, or at any time of year, you can always reach out to us. Without the referrals we’ve received from our past and current clients

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Should You List This Holiday Season?

Baltimore Real Estate Podcast with Lee Tessier ·

2017/12/05

Should you list your home during the holiday season? The answer isn’t as simple as “yes” or “no.” Over the years, many clients have asked us whether it’s a good idea to sell during the holiday season. Well, it depends on your personal circumstances. "Whether or not you should list during the holidays depends on your circumstances." If there is nothing pushing you to sell, we generally suggest pulling your listing off the market by the middle of November. Then, you can relist it in

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We Appreciate Your Support, and Now We Need Your Help

Baltimore Real Estate Podcast with Lee Tessier ·

2017/10/25

The Lee Tessier Team has been nominated once more for Harford’s Best Realtor of the Year award, and we can’t thank you enough. We hope that this year you’ll continue to support us by lending your vote. As you may know, the Lee Tessier Team has been nominated for Harford’s Best Realtor of the Year for the past couple of years now. This year, we are continuing that tradition and have been nominated once more. First of all, we want to thank all of our friends as well as our current and

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Join Us for Free Pie and Drinks

Baltimore Real Estate Podcast with Lee Tessier ·

2017/10/24

I'd like to officially invite all of our friends and clients to join us for our Thanksgiving party! I'd like to officially invite all of our friends and clients to join us Tuesday, November 21st at Liberatore’s in Bel Air from 4 p.m. to 7 p.m. for our Thanksgiving party! We'll also have food and an open bar, just like last year. To RSVP for your pie, email Rose@LeeTessier.com and let us know if you’d like apple or pumpkin pie. "I look forward to seeing you Tuesday the 21st!" We

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What Do You Need to Know About Short Sales?

Baltimore Real Estate Podcast with Lee Tessier ·

2017/10/18

There are a significant number of short sales still happening in our market, so here’s a brief overview of how short sales work. With the recent change we’ve seen in our market, homes values have increased, and as a result, we’ve also seen fewer short sales happening. There are still a significant number of people who are underwater at this time, though, so I want to answer a few questions you may have about short sales. First, what does the bank do with all of the seller’s information

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How Can Renovations Affect Your Home Value?

Baltimore Real Estate Podcast with Lee Tessier ·

2017/09/28

It may seem like a good idea to renovate certain aspects of your home before you sell, but there’s no guarantee that you’ll get a full return. Today I want to talk to you about which improvements you can make that will maximize your home’s value. A lot of people think that if they put in a new kitchen for $25,000, they’ll get a full $25,000 in return. That’s not always the case. I spoke with an appraiser at a meet-and-greet this morning about whether or not a good guideline existed to gauge

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How to Hire a True Professional Real Estate Agent

Baltimore Real Estate Podcast with Lee Tessier ·

2017/07/10

How can you make sure that you hire the right real estate agent to guide you through our changing market? I’ll give you a few tips today. How can you make sure you hire the right real estate agent? 82% of homebuyers hire the first agent they talk to. Whether an agent was recommended or referred to you, you need to look at their online reviews to get a real idea of what it would be like to work with them. We have just over 200 reviews online. Just like when you buy merchandise, you need to check

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June Market Update for Baltimore

Baltimore Real Estate Podcast with Lee Tessier ·

2017/06/26

Now that we’re halfway through the year, it’s as important as ever to stay up-to-date with what is going on in our Baltimore market. Here are a few of the things you need to know. Today I’d like to talk about what’s really happening in our Baltimore real estate market. With about 80 homes under contract at any given time, we’re now seeing pockets of both buyer’s markets and seller’s markets. While it’s true that our local market is getting better, other states such as California, Arizona, and

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Be Careful of Zillow's Zestimates

Baltimore Real Estate Podcast with Lee Tessier ·

2017/05/31

Whether you're buying or selling a home, you've probably come across Zillow and their Zestimate tool. Allow me to explain why you should tread lightly with the Zestimate and your home's value. We have a lot of clients who get worked up over Zillow and their Zestimates. However, these Zestimates—Zillow's home value estimation tool—are wildly inaccurate sometimes. In fact, the Zillow CEO actually sold his house in 2016 for 40% less than what his site's Zestimate said it was worth. Zillow hasn't

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What’s the Latest News From Our Baltimore Market?

Baltimore Real Estate Podcast with Lee Tessier ·

2017/04/28

Our Baltimore market is hot right now, but that doesn’t mean buyers and sellers don’t need to be mindful of a couple things before making a move. Spring has brought us some nice weather, but what’s happening in our market right now? Things are very busy and very hot. One thing I’ve been noticing lately, though, is home sellers thinking they don’t need to stage, declutter, and depersonalize their home before listing it. If you’re a seller, you still need to prep your house for the market. If you

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Are You Paying Cash? The Importance of Home Financing...

Baltimore Real Estate Podcast with Lee Tessier ·

2017/03/10

Unless you're one of the lucky 10% of people who can buy a home with cash, you'll need to secure financing to buy your house. Here are some of the important details to keep in mind about finding the right home loan. When you buy a house, financing plays an extremely important role, and you have a lot of options. Getting financing for a home is also very different than it was in recent years when the joke was that if you could fog a mirror, you could get a home loan. Now, lenders want to see

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What’s Happening in Our Investor Market?

Baltimore Real Estate Podcast with Lee Tessier ·

2017/03/01

Our investor market is super busy right now, so if you’re thinking about buying an investment property, here’s what you need to know. Today I want to discuss what’s happening with our real estate market in terms of investing. Be prepared so you don’t spend time debating about whether to make an offer. In short, our investor market is super busy right now. We’re seeing a lot of properties sell before they even hit the market and multiple offers happening on foreclosure properties. If

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How to Buy a Home With Propane and/or Oil Tanks

Baltimore Real Estate Podcast with Lee Tessier ·

2017/01/30

When you buy a home, you need to know everything about the propane and oil tanks. Who owns them? Have they been tested recently? When buying a home in the Baltimore area, you need to be aware of propane tanks and oil tanks. As a buyer, you need to know who owns these tanks and whether they've been tested. Always ask your agent who owns the tank; they can talk to the listing agent and find out. If you have a smaller tank, it's likely just used for cooking. If you're looking at a home that

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How Rising Rates Impact the Baltimore Market

Baltimore Real Estate Podcast with Lee Tessier ·

2017/01/05

The market is really heating up thanks to rising interest rates and the start of the new year. If you were on the fence about buying or selling, you might want to come down. Here's why. Happy New Year! We're already getting to the point where things are picking up in the Baltimore real estate market due to rising interest rates from December and the Fed saying they will go up in the next two quarters. We were lucky to see rates below 3% as we're now approaching 4.5%, and I think we'll be in the

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Happy Holidays From the Lee Tessier Team

Baltimore Real Estate Podcast with Lee Tessier ·

2016/12/12

We had our best year yet in 2016 and as we approach Christmas and the New Year, we want to reach out and thank you. It's hard to believe, but Christmas is almost here. I wanted to reach out and wish you and your family a very merry Christmas and a happy New Year! We had our best year yet in 2016, and we appreciate you helping us get there. Thank you for letting us serve your real estate needs and trusting us with your referrals. We look forward to a prosperous 2017 and hope you have

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Baltimore Real Estate Podcast with Lee Tessier

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