Earlier this month, Fannie Mae and Freddie Mac announced plans to impose a new 0.5 percent adverse-market fee on mortgage refinances starting Sept. 1.
The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal.
Maryland REALTORS® released their Maryland Year End sales figures, and announced that in 2017, residential sales in Maryland climbed by 3.2 percent, or more than 2,500 homes across the state. Eighteen of Maryland's 24 jurisdictions posted gains in homeRead more
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 and the second is the Lower Shore Maryland DoublePlay program.Read more
Changes Affecting Home Buyers and Sellers:
Various legislative changes and industry modifications are made throughout the year that can affect both homebuyers and sellers. Here are two of the more significant changes in 2012.
FHA Fees Change: Effective April 1, 2012 there will be an increase toRead more
Holding out to try and find the lowest price is not always the best strategy...
Are your feet stuck in the sand when it comes to investing? Not sure what to do with your money in today’s economic climate? Here’s an interesting perspective on today’s financial opportunities fromRead more
Real Estate Report: Three Helpful Hints to Save on Homeowners Insurance
Homeowner’s insurance is a necessity if your home is mortgaged, and this type of insurance covers the structure of your home and your personal property, asRead more
Distressed properties—meaning foreclosures, bank-owned (REO) and short sales, where the property is being sold for less than the mortgage due—are undeniably playing a role in keeping our housing values depressed locally. But…how much so, and when will we see the light at the end of theRead more
- Adverse-market fee to start Sept. 1
- Appraisal of home important part of real estate process
- LWB Real Estate Report: 2017 Year End Figures
- Interest reduction possible with two new buying plans
- Changes Affecting Home Buyers and Sellers
- What to do with your money??
- 3 Helpful Hints to Save on Homeowners Insurance
- Foreclosures in Our Market--What Role Do They Play?
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