Western Shore Realty, LLC

My pick for the best buy real estate this week is a waterfront home for sale in Drum Point Lusby, Maryland. The home in Drum Point  is located on Drum Point Lake and you can walk to the beach.  The Drum Point Home for sale is priced at $278,000! To see more waterfront homes under $280,000 view www.smdvacation.com. Let me know if you would like to see this one or other real estate for sale in Drum Point and surrounding areas. You can call (301) 904-5708 or email me at phyllis@localwaterfront.com

We're sorry, but we couldn't find MLS # CA7616779 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Fannie Mae has special financing for some of their properties. It is called a Homepath Renovation Loan. I received an email last week from a Homepath Lender and he says they even do this loan for vacation homes. Here is the summary of how this loan can help you when purchasing a vacation home:

•  Buyers are eligible to add up to 35% of the as renovated value or $35,000, whichever is less, to their loan for renovation expenses.

• (The buyer must choose one credible General Contractor to complete the renovation bid and project.  Do it yourself projects are not allowed.)

•  The minimum credit score for a down payment less than 20% is 660 for down payments of 20% or more the minimum credit score is 620.

• An “As Completed” appraisal is required for HomePath Renovation Mortgages.

• The current interest rate is less than 5.25%.

•  The minimum down payment is 3%

• No mortgage insurance required.

• Seller can pay up to 6% of the sales price towards closing costs

Currently there are 2 homes on the market in Calvert County that qualify for this special financing. You can view them below. Both homes are located in Drum Point, Lusby.  One is a waterfront home on Drum Point Lake listed at $314,500, the other house in Drum Point has water access to the community beach. Let me know if you would like to see these and find out more about these special offers on Fannie Mae properties in Calvert County, St Marys County, Anne Arundel County and Charles County .

We're sorry, but we couldn't find MLS # CA7588204 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

We're sorry, but we couldn't find MLS # CA7597982 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Most waterfront homes in Lusby listed for under $400,000 are on a lake or cliffs but this one is in Drum Point on a protected creek. 3 bedroom rambler is listed for $375,900. Features a sunroom and decks to take in the views. Let me know if you would like to see it (301) 904-5708. If you are interested in other waterfront homes for sale in Lusby and Calvert County check out www.WaterFront400.com View more details of this listing below:

We're sorry, but we couldn't find MLS # CA7487767 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Looking for a waterfront luxury home for sale in Lusby?  This luxury home in Drum Point was just listed for $1,075,000. It is waterfront on a creek with deep water. This luxury waterfront home for sale in Lusby has many features including a gourmet kitchen! If you want a great master bedroom this one may what you are looking for. It even has a fireplace.  Let me know if you would like to see this one or other waterfront real estate for sale in Lusby. View all of the luxury properties in Southern Maryland at http://www.southernmarylandvacation.com/luxurywaterfronthomes.htm  You can call (301) 904-5708 or email me at phyllis@localwaterfront.com

We're sorry, but we couldn't find MLS # CA7590946 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Whether you are looking for a vacation home with waterfront, water view, boating or walking the beach Lusby has a variety of homes available. The Lusby town center offers shopping and restaurants.

If you are searching for a beach cottage as a vacation home in Lusby, Cove Point Beach is a great place to look into. Located on the Western Shore of the Chesapeake Bay, iIt is the most beautiful beach in the area and there is a light house as well. You can also stay in a vacation rental to see if you like the Cove Point Beach neighborhood. View some Cove Point Beach real estate listings below:

Showing properties 1 - 2 of 2. See more Cove Point tract real estate.
(all data current as of 2/22/2012)

1. $265,000 : 11016 Webster Dr, Lusby
   
   3 beds, 1 full bath

   Home size: 1,326 sq ft

   Lot size: 5,504 sq ft
2. $499,995 : 3095 Calvert Blvd, Lusby
   
   0 beds, 0 baths

   Lot size: 6,430 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

If you are looking for a waterfront home for boating in Lusby there are several creeks available with deep water. Mill Creek is located in Lusby and it even has a Marina. Drum Point and Chesapeake Ranch Estates are located on this creek. St Leonard Creek is a really nice creek for boating as well. I used to take my boat there and anchor out for the night. View real estate listings in Drum Point below:

Showing properties 1 - 10 of 14. See more Drum Point tract real estate.
(all data current as of 2/22/2012)

1. $239,900 : 12827 Lake View Dr, Lusby
   
   3 beds, 3 full baths

   Lot size: 22,695 sq ft
2. $189,900 : 207 Lessin Dr, Lusby
   
   4 beds, 2 full baths

   Lot size: 20,298 sq ft
3. $269,900 : 216 Deer Dr, Lusby
   
   3 beds, 2 full baths

   Home size: 1,601 sq ft

   Lot size: 33,062 sq ft
4. $205,000 : 200 Lessin Dr, Lusby
   
   3 beds, 2 full, 1 part baths

   Home size: 1,300 sq ft

   Lot size: 9,801 sq ft
5. $399,900 : 278 Valerie Ln, Lusby
   
   3 beds, 3 full baths

   Home size: 2,695 sq ft

   Lot size: 22,041 sq ft
6. $545,000 : 13038 Mills Creek Dr, Lusby
   
   5 beds, 4 full, 1 part baths

   Lot size: 24,248 sq ft
7. $598,500 : 12848 Bay Dr, Lusby
   
   3 beds, 3 full baths

   Home size: 2,632 sq ft

   Lot size: 10,720 sq ft
8. $669,500 : 158 Leason Cove Dr, Lusby
   
   4 beds, 3 full baths

   Lot size: 10,367 sq ft
9. $199,000 : 488 Cardinal Dr, Lusby
   
   3 beds, 1 full, 1 part baths

   Lot size: 16,074 sq ft
10. $179,900 : 597 Lake Dr, Lusby
    
    2 beds, 1 full bath

    Lot size: 10,890 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

View Real Estate Listings in White Sands below:

Showing properties 1 - 8 of 8. See more White Sands tract real estate.
(all data current as of 2/22/2012)

1. $99,985 : 8270 Sycamore Rd, Lusby
   
   3 beds, 2 full baths

   Lot size: 13,640 sq ft
2. $180,000 : 8509 Perch Ct, Lusby
   
   3 beds, 2 full baths

   Lot size: 15,450 sq ft
3. $199,999 : 8495 Pine Blvd, Lusby
   
   4 beds, 3 full, 1 part baths

   Home size: 2,550 sq ft

   Lot size: 19,490 sq ft
4. $170,000 : 8082 Cardinal Cir, Lusby
   
   4 beds, 2 full baths

   Lot size: 13,000 sq ft
5. $119,000 : 7810 Grape Ct, Lusby
   
   4 beds, 2 full baths

   Lot size: 16,080 sq ft
6. $209,000 : 506 Vera Ct, Lusby
   
   3 beds, 2 full, 1 part baths

   Home size: 1,612 sq ft

   Lot size: 25,736 sq ft
7. $124,900 : 402 Laurel Dr, Lusby
   
   3 beds, 1 full bath

   Home size: 1,120 sq ft

   Lot size: 20,986 sq ft
8. $153,800 : 8182 Cardinal Ln, Lusby
   
   3 beds, 2 full baths

   Lot size: 8,330 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

There are many vacation homes in Lusby with views of the bay, creeks, or Patuxent River. On my website you can sign up to receive waterview listings for under $280,000 at www.HomesUnder280.com.

Now is a great time to buy a vacation home in Lusby. There are some foreclosures available at great prices.