Most real estate agents are Realtors®, which means they are members of the National Association of Realtors (NAR). By belonging to NAR, all memberRealtors are bound by NAR’s Code of Ethics. But beyond ...
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LWB Real Estate Report: Tax Prep to Purchase
For those considering a purchase of a new home in 2017, there are steps you can take to prepare yourself financially. The first step is to contact a localmortgage broker that can help review your current ...
Read moreComponents of a FICO Score
If you don’t have good credit, you cannot get a mortgage—simple as that. Due to the importance of having good credit in the pursuit of homeownership,here is a summary of what goes into your FICO ...
Read moreLike-kind swaps have important tax implications
The National Association of Realtors (NAR) conducted a survey that shows real estate like-kind exchanges are an important vehicle for disposing of andacquiring properties and support the nation's financial ...
Read moreDecorating with reclaimed wood could be risky
Recycled, reclaimed, repurposed—whichever word you choose to use when describing the use of old materials in decorating—there are sometips to keep in mind. First and foremost, you should assume ...
Read moreMany variables to consider in condo buying
Purchasing a condominium differs from buying a single-family home in more ways than the obvious. Of course, condo ownership offers buyers the convenienceof maintenance free living since you don’t have ...
Read moreMAR support home-buying bill before house
The Maryland Association of Realtors (MAR) makes great efforts in legislative advocacy at the state level, with a focus on supporting and developing legislationthat helps the real estate industry and ...
Read moreInterest reduction possible with two new buying plans
The Maryland Department of Housing and Community Development (DHCD) announced the release of two new initiatives this week. The first is the Maryland Mortgage Program (MMP) "You've Earned It!" program ...
Read moreCommission oversees real estate agents
In Maryland, licensed real estate agents answer to the Maryland Real Estate Commission, a part of the Department of Labor, Licensing and Regulation’s (DLLR)division of Occupational and Professional Licensing. ...
Read moreBest return on investment key for remodeling
"Remodeling” magazine issues an annual “Cost vs. Value Report” that highlights the remodeling projects that offer the best bang for your buck. This year’s report touted the following projects as ...
Read moreBuyer protection often comes from title insurance
Most commonly used in the state of Maryland to protect a buyer and ensure that title to a property is clear and marketable in a real estate transactionis the purchase of a title insurance policy. Title ...
Read moreHouse and Senate approve extensions
The U.S. House and Senate approved a package of tax extensions that include an important provision that helps distressed homeowners through extending theMortgage Forgiveness Tax Relief Act for all of ...
Read moreUnderstand whom agents represent during transaction
The relationship between a real estate agent and the parties involved in a transaction is not exactly simple. If you've ever viewed property with a licensed Realtor, you should have been presented with ...
Read moreForeclosure inventory down, report states
CoreLogic, a data and analytics company, recently released its National Foreclosure Report with data through August 2014—and it shows foreclosureinventory is down. The report states that 45,000 ...
Read moreBig impact may come with new credit scoring
Some proposed changes in credit scoring may have a big impact on how many Americans will qualify for home loans. Fair Isaac Corporation (FICO), the most widely used credit score, recently announced that ...
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