Abberly Crest Blog

Although there are many reasons why people can tell you to buy a home, the decision to buy or rent a home depends on your personal situation; who you are, where you are, your career, your financial goals and how you want to spend your time. There is a prevailing thought that everybody should buy their own home. But research shows there are times and circumstances when renting might be a better idea.

Do you have the time?

There is no such thing as a sure thing in any investment. Usually what makes real estate a better risk than some investments is time. The longer you commit to a property, the better your chances of seeing its value appreciate.

If it is likely in any way that you will move, change jobs or stay in the house for a short period of time, less than 10 years, buying may not be a good idea. Letting go of a property before it has appreciated enough to cover the costs and commissions is not fun and if you bought with less than a 10% down payment, it could be costly. Fees and closing costs can wipe out appreciation gains, if there were any. If the purchase was made with an even smaller down payment, chances are you'll come out at a substantial loss.

Will you like the neighborhood?

If you are new to Lexington Park or Southern Maryland, take ample time to get to know the area before investing money in a house and its neighborhood. If you are relocating to a place you hardly know, spend a year in an apartment in Lexington Park until you're certain where and how you want to live and that you are going to stay at your job.

Will you be happy giving up the freedom?

Initially renting is less financial pressure than buying. Paying a first and last deposit doesn't compare to the big chunk of change required for a down payment on a house. If you do have enough savings for the down payment, you could invest it elsewhere and hope for significant capital gains. Imagine if you'd invested a typical down payment amount in the stock market ten years ago.

Renting gives you the freedom of time as well, with no yard or home maintenance projects. Natural and other disasters make renting a home a lower risk.

Even though rents tend to increase by 3% per year, unexpected maintenance costs or sudden property tax hikes will not affect you as a renter.

Relocating to Lexington Park, MD? You should look at Abberly Crest Apartments.Contact us to find our more about our online specials.

Moving to a new area is never an easy task, but if you’re looking for an apartment in Lexington Park, MD, Abberly Crest could be your new home. Located in Southern Maryland, Lexington Park is located right near Pawtuxent Naval Base and St. Mary’s College.

Located on the Western Shore of the Chesapeake Bay, this area is famous for our seafood. Steamed crab, crab cakes and oysters top the list of our favorites. However, one of our most traditional dishes is “stuffed Ham” with cabbage, kale and onion and spices. If you’re relocating to the Naval Base, Andrews Air Force Base or the Willows Run Business Park, be sure to try this delicious meal when you visit!

Lexington Park in seaside St. Mary's County is one of the nation's fastest-growing "micropolitan" areas,  largely on the strength of military growth. Southern Maryland is the fast-growing area in Maryland, and a very desirable bedroom community for people who work in DC. So come visit or give us a call. The staff at Abberly Crest would like to give you more information.

With Lyme disease cases on the rise, the staff at Abberly Crest wants you to be well informed in regards to this disease. Detected early, Lyme disease can be cured by antibiotics. Cases that go untreated or are not treated early enough may result in chronic symptoms, including fatigue, joint pain, facial nerve paralysis and other neurological problems.

1. Do not think that Lyme disease is only prevalent in New England. Maryland is a current hot spot. Diagnoses are increasing in the state every year.
2. Lyme disease makes up 90 percent of tick-borne illnesses in the United States. More cases of Lyme disease are reported than any other vector-borne disease in the United States.
3.  1000’s of cases were diagnosed in Maryland in 2009 (the last year stats were available). Nationwide, 38,000 people contracted it.
4. Lyme disease is caused by a bacteria carried by the deer tick, called borrelia burgdorferi. It is transmitted by a deer tick, which begins about the size of a poppy seed. If that tick feeds on you for three days, it will approach the size of a "dog" tick.
5.  Left untreated, 60 percent of the people infected with Lyme disease will develop arthritis, as well as many other symptoms and conditions. Caught early, antibiotics may kill it off entirely.

This Saturday at Annmarie Garden in Solomons, from 12-3 is the Tobacco Trail Antique & Classic Car Meet. The 36th Annual Meet is the main event of the National Capital Region (NCR) of the Antique Automobile Club of America.  This meet showcases more than 100 antique and classic cars that serve as a touchstone to the past and brings to life these classic works of art that once ruled the highways.

During the Tobacco Trail Meet, the automobiles will be judged and awards and trophies will be given to in numerous categories.  The awards ceremony is at 2:00pm.  The event also includes family activities and food vendors.  Don't miss this wonderful event that celebrates the automobile as art!

Registration is open to ALL vehicles 1986 and older - including for the first time Street Rods, Kit Cars, and Modified Vehicles.  There are even cars here from 1916 and older. The NCR includes the District of Columbia, Maryland, and Northern Virginia.

This is a rain or shine event!