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207 Windward Dr

$229,900 Linda Sold Me 2009!

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Windward Landing North

Address: 207 Windward Drive	City/ST: Ocean City, MD	Zip Code: 21842
Location: Ocean City, MD 21842	Property Type: Condo	New or Resale: Resale
Square Footage: 832	Bedrooms: 2	Bathrooms: 2
MLS# 448300	Property Tax: 3044

Pool is steps away. Complete remodel! Beachy style furnishings make this first floor unit with use of common grounds a great beach getaway. Huge Balcony with nice canal views. Panelling has been replaced with drywall. Kitchen and baths redone in last 2 years. Side by Side Refrigerator with Ice & Water Dispenser. Convenient to uptown restaurants and entertainment. Sells as shown Fully furnished in beachy style motif. Boat dock at your door. July 09 annual taxes should go down to $834-city, $1716-county due to re-assessment. Condo fee $1800 paid quarterly

Last Updated: 7/7/2009 9:17:19 AM

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Windward Landing North
Living Room
Dining Area
Kitchen
Master Bedroom opens to Balcony
Balcony off Living Rm & Mstr. BR
Balcony - Close to Pool
Bedroom 2
Dock available for small rental fee
Swimming Pool
Canal View
Water View

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Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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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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Linda A. Moran, REALTOR�, real estate agent and broker for Ocean City, Ocean Pines and Berlin, Maryland home listings, property and land for sale

Linda A. Moran
Prudential Carruthers Realtors
12308 Ocean Gateway, Suite 1
Ocean City, MD 21842
1-800-367-7350X128
Direct: 410-520-2628
Fax: 410-213-7088
email: LindaMoranRealtor@comcast.net
Linda Moran has been providing real estate services to buyers and sellers for 30 years. She knows the real estate market and can provide you with up to date information regarding the area and surroundings. Call Linda at any of her numbers to chat or email her. She stays on-line and has advanced communications to assist you quickly.

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