About Us

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" rowspan="2" width=215 BGCOLOR="#CC3366" TEXT="#080000" bgproperties="fixed" background="12a06732dkcfyw.gif"> <bR> </td> <td valign="top" colspan=2 height=95 BGCOLOR="#CC99CC" TEXT="#080000"> <div> <FONT SIZE="5" COLOR="#993366" FACE="Times New Roman" ><B>Lee ~ Grant Properties</B></FONT><B>  </B><B> </B><B>|   </B><A HREF="index.htm" TARGET="_top" TITLE="Lee Grant Properties"><U><B>home</B></U></A></div> <div> <B>About Us</B>   |   <A HREF="id3.htm" TARGET="_top" TITLE="Available Properties"><U>Available Properties</U></A>   |   <A HREF="id6.htm" TARGET="_top" TITLE="Contact Us"><U>Contact Us</U></A></div> <div> </div> </td> </tr><tr> <td valign="top" height=385 colspan=2 BGCOLOR="#CC99CC" TEXT="#080000"> <div> <I>About Us</I></div> <div>  </div> <div> Lee ~ Grant Properties invests in, develops, manages and markets residential properties in the middle Atlantic area. We seek out properties in desirable locations and then improve them by building, upgrading, subdividing or otherwise enhancing their value as homes or home sites.</div> <bR> <div>  </div> <div> We are <B><U>not</U></B> real estate agents or brokers. We purchase all properties ourselves or through joint ventures we arrange with other investors, sometimes including the original owners. Our experience began with our first single family rental property in 1982. Since then we have purchased, improved and sold homes, building lots and residential subdivision properties worth millions of dollars. In addition, we have participated in partnerships to develop industrial parks, office parks and large multi-unit residential tracts.</div> <bR> <div>  </div> <div> The principals of Lee ~ Grant Properties have professional experience in many aspects of real estate including property management, land development, residential and commercial mortgage banking, marketing and construction.</div> <bR> <bR> <div> <I><B>Our Purpose</B></I></div> <div> Our primary mission is to find that special place for successful professionals who want to provide their families with a better quality of life than can be found in the typical suburban housing development or urban environment.</div> <bR> <div> We look for homes or home sites with enough acreage to ensure privacy and room to grow and play, or, in highly desirable private communities with golf or water amenities. We may update or improve an existing home or have a new home designed to optimize the contours and setting of the site. When possible, we will delay design decisions until we find a buyer to allow the new owner to personalize the style and select colors and grades of materials.</div> <bR> <bR> <div> <I><B>Our Message</B></I><FONT SIZE="3" COLOR="#000000" FACE="Times New Roman" > </FONT></div> <div> If you are interested in improving your family's quality of life by getting away from the congestion, traffic and noise of your neighborhood, let us show you how to have a more enjoyable home with more space and privacy. In many cases, you can cash out your equity in your present home and reinvest in a better environment with little or no increase in your total housing budget.</div> <bR> <div>  </div> <div> If you have a property that you would like us to consider for acquisition, please contact us. We are always looking for land, with or without existing buildings, that can be improved for resale, reconfigured or developed into attractive and desirable homes. While we prefer to work with individual home sites, we will also consider larger parcels that meet our main criteria for conversion to custom homes. We do not work with townhouses, tract housing or apartments.</div> <bR> <div> We will entertain joint ventures if you have or know about a property suitable for development.  We will also consider other forms of organization depending upon the type of property,  the interests and capabilities of the other participants.<FONT SIZE="3" COLOR="#000000" FACE="Times New Roman" >  </FONT></div> <bR> <bR> <div> <I><B>Notes about Market Conditions</B></I></div> <div> Desirable properties are always in demand, especially in areas where rapid growth and limited supply create a shortage of properties for housing developers. In the Washington/Baltimore suburbs, relentless expansion of the two metropolitan centers have nearly erased the once rural buffer zone that separated them. The state and counties have steadily raised the bar of regulations, fees and restrictions in their efforts to control growth and preserve open space for future generations. Buildable land is not only scarce and expensive to buy, but extremely expensive to subdivide and supply with utilities. The courts are routinely required to settle lawsuits against builders from neighbors, environmental and historical groups adding years and enormous costs before (and in many cases if) construction is ever permitted.</div> <bR> <div> With all the difficulties involved in building homes, it is only logical that builders try to squeeze as many units as possible into a development. Otherwise, building fewer houses and still having to buy the unbuildable space may not be econcomically feasable. Sometimes, the only way to make these properties worth developing is to build high priced luxury homes to absorb the costs of the undeveloped green space land in the development.</div> <bR> <div> Current market conditions have been greatly affected by low interest rates and low or no-equity loan programs bringing many more buyers into the market at the low and mid priced level. This has contributed to a churn of home transactions that allows sellers to sell high and move their equity to more expensive homes in a chain reaction from the lowest priced to the higher priced homes. With higher demand for fewer available new homes, existing homes are also selling quickly at higher prices.</div> <bR> <div> We are experiencing record demand for the types of properties we work with. Previously we would carry properties for months or even a year or two before finding the right customer match for a property. Now we often have competing buyers trying to outbid each other and take properties "as is" for cash. Our inventory is at the lowest point in years and we are working on as many new acquisitions as possible. However, we are still only looking at properties that meet our criteria for custom single home development in desirable locations.</div> <bR> <div> It is difficult for many people to understand the higher prices that land commands in some areas. In tract housing or "homogenous" neighborhoods it is fairly easy to know what a land parcel should sell for because there is a baseline established by the sale of other similar properties nearby. The custom and luxury home land market is not at all predictable or consistent. It is more akin to the "collectables" investment marketplace. Those who can afford to own a rare and precious object will offer a price that represents their desire for the item consistent with their ability to possess it. So it is with a limited resource like land. It is the purest expression of the principle of supply and demand created by the exclusivity of the location, beauty and amenities of that individual parcel.</div> <bR> <div> We have tried to keep our prices as reasonable as possible. While most of our properties sell at or above our advertised price, our usual transaction involves more than the land alone. So the final pricing will take into account these other factors and the land price could possibly be higher or lower. Each transaction is unique. We will also sometimes accept a lower offer for a property if we can use the cash for other aquisitions that we are working on.</div> <div>  </div> <div> If you like any of our properties, don't hesitate. Call and talk to us. We want to know what you think and what would make you and your family happy. Even if a property is under contract, it could still become available again. If we don't have what you want on the website now, we may have a suitable property under negotiation and could resell it to you.</div> <bR> <div> Thank you for visiting the Lee ~ Grant Properties web site. We look forward to working with you to find your dream home or helping you maximize the return on your property investment.</div> <bR> <div> <B>(301)854-5099  ~  (410)442-0115</B></div> <bR> <div> <FONT SIZE="3" COLOR="#000000" FACE="Times New Roman" ><B>or email us at</B></FONT><B> </B><A HREF="mailto:info@lee-grant-properties.com" TARGET="_top" TITLE="mailto:info@lee-grant-properties.com"><U><B>info@lee-grant-properties.com</B></U></A></div> <div>  </div> <bR> </td> </tr></table></body>