creiZ (pronounced crazy or craze, whatever you prefer) is about Real Estate, my endeavors in real estate, and anything else that comes to mind regarding real estate and other interesting deals. It stands for Commercial Real Estate Investment Zest or Common Real Estate Investment Zanyness or Creating Real Experiences in Zigzags(whichever you prefer). Thanks for visiting and you can access the site directly by going to creiZ.com.
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November 13, 2007
AD: Corea Properties Real Estate Properties Portfolio Video for debt and equity financing sources
The purpose of this video is to introduce Corea Properties' strategy for acquiring commercial and residential real estate properties portfolios in the United States (initially in the Washington DC Metropolitan area) and to obtain debt and equity financing for the portfolio acquisitions. (Call +1-240-441-5086 if interested or have direct sources of debt and equity financing that may be interested.)
I am buying $10 million worth of bank-owned properties that need little to no work in Maryland (Anne Arundel, Prince Georges, Montgomery & Howard counties and Baltimore City and County) for cheap and I am wholesaling them. Wholesale prices starting at $165,000+ with retail prices of $250,000+. I will have properties in 21076, 21228, 21045, 21144, 21113, 21075, 21061, 21060, 21228, 21229 and many others. You can find more details about this great Maryland real estate deal here: http://esenai.com/real_estate_deals/66_cents_deal.pdf
Email or call me, if interested, or if you have a particular that you are interested in and if you'd like a copy of the Letter of Interest.
REDUCED - Now 269k! - Shameless Self-Promotion: "You Arrive" - A short story about 5306 Wendley Rd, Baltimore, MD 21229 - Your Next Dream Home!
UPDATE: BIG PRICE REDUCTION - Was $299K - NOW $269,900! - Don't have an agent, let's work directly and save even more. Owner financing possible!
NOTE: For a detailed description, please continue reading. If you'd rather see pictures, please click here or videos.
You Arrive
A short story by Marvin Corea
You have been looking for a new home for while now. Constantly disappointed because the homes are in disrepair and don't have the amenities you desire. You come across a new house at 5306 Wendley Rd in the Westgate neighborhood of Baltimore (not too far from Catonsville). So you decide to take a look... You arrive at beauty as you walk up sidewalk to your next home on the tree-laden street. Enjoy the shade of the mature trees and the fresh air and autumn breeze. Upon arriving in front of your home, you observe the new landscaping with colorful red mulch and new everlasting evergreens. You look up and see the majestic house with four prominent original columns in the front porch, two beautiful stained-glass windows, new vinyl windows and tan vinyl siding. While you walk up the stairs to your front porch, to the left and right, you notice newly planted flowers and more red mulch. As you step onto the front porch, you imagine yourself sitting in a comfortable chair, drinking a hot chocolate on a cool autumn morning. Ah, how warming! You can't wait to get inside...
You walk through the front door of your your future home with high ceilings and fresh natural paint. Enter the hardwood foyer where you smell the fresh scent of home. Straight ahead is the kitchen. To the left, the hardwood stairs to go upstairs and to the right, the hardwood living room. You walk into the living room and see the large windows with views to the front porch. Into the hardwood dining room you go where the new chandelier accents the room perfectly and surprise...
The kitchen is open! You have a clear view of the beautiful kitchen. Great! How enjoyable it will be to spend time with family and friends in this area! Before you make your way to the kitchen, you notice a door near the rear of the dining room. You open it and are pleased to find a full bathroom with new ceramic tile and a new pedestal sink. Nice! Eagerly, you go the the kitchen area and the first thing that catches your eye are the very smooth granite countertop and the tall cinnamon cabinets. Wow! The kitchen also has large travertine tile that perfectly match everything. You see a cooktop directly in front of the breakfast bar. That's great! You can prepare your meal while enjoying time with your family and friends. The hanging lights over the cooktop accent the area well and light up the immediate cooking area. You look to the left of the cooktop and see the wall oven. (No more bending over!) Next to the oven is the new refrigerator. Then the door to the backyard. You look out of the window and see good size back yard with mature trees which you know will provide cool shade on those hot summer days. You notice that there's a door near the kitchen door to the foyer and see that it leads to the basement and laundry area. It is a full size basement and you are glad for it because you know you the extra storage will come in handy. Having the side entrance for easy access to the basement also helps.
You make your way up to the second floor where the three bedrooms are. You notice the soft new carpet throughout with one exception, the bathroom. You enter the bathroom and your jaw drops. The first thing you see when you open the door are the large travertine tiles on the floor, but more significantly, the marble shower with glass doors right in front of you! Can you believe it You open the shower's sliding glass door to touch the marble tile and you feel its smooth elegance. You can imagine yourself spending time here! You step out of the shower and see the new hardwood vanity and sconces and turn around to see the stylish almond toilet. What a bathroom! "I can definitely live with this," you say to yourself. You immediately know that you have finally arrived home.
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Enjoyed the story?
Then you will surely fall in love with the house!
Come visit the open house and make your offer this Sunday, 1PM - 2PM. (Yes, that's only 1 hour, but don't worry, we won't kick you out if you are in the house before 2PM. :)
Can't make the open house? We can't guarantee that it will still be available, but you can call your agent or Marvin Corea (owner/agent) at 240-441-5086 to schedule an appointment.
You can also view pictures (soon) of your next dream house at http://www.MyNextDreamHouse.com
View more pictures of 5306 Wendley photos and a new home slide show on PhotoBucket!
Street View of 5306 Wendley. (Your next home sits about 20 feet above street level.)
Contemporary, open kitchen and dining room
Marble shower with original stained glass window
Master bedroom with red mahagony-stained hardwood floor and original stained-glass window
Foyer with original refinished hardwood floor
Completely redone kitchen with granite counter top, travertine floor, 42 inch cinnamon wall cabinets, wall oven, cooktop and breakfast bar
Kitchen and breakfast bar view from formal dining room
About the Neighborhood (source: Live Baltimore Home Center) The Westgate Community is uniquely situated in Baltimore City and Baltimore County. The city portion begins in West Baltimore, one block west of Ten Hills. City street names include Westgate, North Rock Glen, Wendley, Brabant, Mardrew, Stamford, Kingston, and Mallow Hill. The county portion is part of Catonsville.
About the Westgate Community Association (source: Westgate Community Association) Our community association was incorporated in September 1931. Two general meetings are held each year, in May and October. The association board of directors meets monthly, with the exception of July and August.
The community association board works closely with both City and County officials in community revitalization and crime prevention efforts as well as encouraging appropriate development in Westgate and adjacent communities. Board members act as liaisons with the Southwest Development Committee and advisory boards for the MTA and State Highway Administration.
A community newsletter is distributed door-to-door at least quarterly to keep all residents abreast of the activities of the association and community news. Annual dues help support newsletter printing, upkeep of Westgate Park at North Bend, Neighborhood Watch/Citizens on Patrol (NW/COP) and a host of community activities.
The community association sponsors annual events such as the Easter egg hunt, Santa's visit, lawn and garden club functions and community picnic, as well as twice-yearly park cleanups and yard sales.
Community Garden Club The purpose of the Westgate Garden Club is to educate members and our neighbors about horticulture, emphasizing low-maintenance and environmentally-responsible gardening practices. We also maintain all the Westgate common areas.
Monthly meetings are held September through May, except January and February, at members' homes. Members and guest speakers have presented information on pond building. landscape architecture, forgotten pollinators, herbal lore, soil science, lasagna gardening, bulbs, houseplants and more. Contact Garden Club President, Janet Gross, 410-719-6637, or email, jangross@bcpl.net and check the website events link for upcoming schedules.
The Club sponsors a plant swap and wreath-making. These are free of charge and open to the community. They are held on Sunday afternoons and include refreshments. Westgate Beautification We help to clean and maintain Westgate Park at North Bend and have landscaped the sign-beds there and on Edmondson Avenue. We also maintain the Route 40 plantings, supplementing the state crews, and have created a woodland garden in the northeast corner of Westgate Park at North Bend.
The plants for the woodland garden and most of those at the sign-beds have been provided through a free program sponsored by Civic Works in Baltimore City. Civic Works operates a perennial nursery, obtaining castoffs from commercial nurseries which are then provided free of charge for community gardens. The sign-beds were both financed through grants from Parks and People Foundation of Baltimore. Garden club members supplement the plantings with both donated material from our own gardens and the purchase of perennials. For more information on upcoming meeting topics and special events, contact Janet Gross at 410 719-6637 or jangross@bcpl.net.
64 Comal St - east Austin rehab - now under contract
We went into escrow last week and assuming all goes well, will close by the end of August. I'm sure the buyers will be able to do great things with this property. (fortunately and unfortunately, it has been a learning experience for me.) more to come... (I expect my next post about this property will be at the end of August and titled something like SOLD!) Comments Welcome!
just bought another house for remodeling purposes - 5306 Wendley Rd, Baltimore, MD 21229
UPDATE: Take a look at the new and improved 5306 Wendley house. Please tell us what you think.
We went to closing at 3pm at Cross Country Settlements (not recommended) of Hanover, MD. (This is another Baltimore remodeling job.) I must say that this is one of the faster closings I've ever been to. We were finished signing our last papers around 3:35pm! More to follow...
BTW, let me know if you have any leads on the Alameda property. I am working with agents and offering a FREE plasma TV at closing.
Unfortunately, the buyer was not able to obtain financing for 4132 The Alameda in Baltimore and had to back out of the contract so its back on the market. To make things easier this time, I am offering owner financing. (However, you can still get your own if you'd like.)
Please read below for more details about this property and to see a video. Call me if you'd like to see it in person. I look forward to hearing from you!
Thank you for contacting Esenai Capital - Value-Add Commercial Real Estate Financing
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If you believe you have arrived at this page in error and are interested in commercial real estate financing, please see the commercial real estate financing page.
Eligible Property Locations: Major markets in the United States.
Deal Size: Above $500,000.
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The intent of the following form is to provide Esenai Capital with preliminary information regarding your financing needs. Once this simple form is submitted we will contact you within 24 hours to discuss your needs in greater detail:
