Lauren Bunting Associate Broker MD & DE

Lauren's Blog

The New Million Dollar Home Club

Thursday, September 08, 2022 Lauren Bunting

A recent Zillow report is showing that with sales up and values up during the pandemic real estate boom, more homes are selling for over the $1 million mark. The report also detailed that the typical ...

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Appraisal Gaps

Thursday, June 16, 2022 Lauren Bunting

Appraisals in a sellers’ market can be troublesome, and transactions can fall apart when appraisals come up short—creating an appraisal gap. An appraisal gap is the difference between market ...

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New Affordable Housing Opportunities in Maryland

Thursday, May 19, 2022 Lauren Bunting

Governor Larry Hogan announced at the end of April that more than $200 million in financing tools and new programs will be made available to create new affordable housing opportunities in the ...

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What Is A Title Search?

Friday, May 13, 2022 Lauren Bunting

One of the important steps during a real estate purchase is conducting a title search. The title search is just one of the buyer’s closing cost expenses and is usually ordered ...

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Understanding Agricultural Transfer Tax

Thursday, April 07, 2022 Lauren Bunting

If a piece of undeveloped land is being sold that has an agricultural use, but it is the intent to change the use to residential, then the Agricultural Transfer Tax and Surcharge applies at the point ...

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Buying a Home with Existing Solar Panels

Thursday, March 24, 2022 Lauren Bunting

Solar panels on a home can be a great selling advantage, one that provides very affordable utility bills. This type of technology is called a solar photovoltaic (“PV”) panel system or“Solar ...

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Equitable Interest

Thursday, March 17, 2022 Lauren Bunting

What is equitable interest? An equitable interest is an "interest held by virtue of an equitable title (a title that indicates a beneficial interest in property and that gives the holder ...

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Three Helpful Hints to Save on Homeowners Insurance

Thursday, March 03, 2022 Lauren Bunting

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, as well as your personal legal responsibility (or ...

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Doc Lite Loan Program: A Local Loan Solution for Investors

Thursday, February 24, 2022 Lauren Bunting

It’s a hot real estate market right now, but we all remember the real estate “crash era” that began in 2008. That real estate downturn brought about many changes in financing and how loans are approved. ...

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Worcester County’s Chesapeake Bay Critical Area Program

Thursday, February 10, 2022 Lauren Bunting

Worcester County’s Chesapeake Bay Critical Area Program, which was adopted in 1990, accommodates future growth within the Critical Area, while providing for conservation of fish, wildlife and plant habitats, ...

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Property Reassessments & How To Appeal Them

Thursday, January 20, 2022 Lauren Bunting

With property reassessments going out last month for much of Worcester County, property owners might be wondering what their options are if they disagree with the values the county assessment office has ...

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2021 Market Recap

Thursday, January 06, 2022 Lauren Bunting

2021 was another banner year in real estate that ended very strong—here’s an “at a glance” recap of some of the various market stats.The average sales prices varied monthly throughout the year, but September ...

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Insurance Policies For Your Condominium

Thursday, October 14, 2021 Lauren Bunting

Condominium associations provide master policy insurance coverage, but a master policy usually covers only the building’s exterior and common areas. To have coverage for what is inside your condo unit, ...

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Pay Attention to Contract Details

Thursday, October 07, 2021 Lauren Bunting

With low inventory in our market,and a high buyer demand, we are experiencing many multiple offer situations onproperties. It’s important to pay attention to contract details to be sure thatverbal agreements ...

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Real estate market favors sellers

Thursday, July 15, 2021 Lauren Bunting

Industry experts are still communicating that now is a great time to sell your house, yes, it’s still a sellers’ market.  The housing market forecast remains positive for the remainder of 2021, ...

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Appraisals big step in selling home

Thursday, July 01, 2021 Lauren Bunting

The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal. An appraisal is a valuation of a property done by a professional, licensed individual ...

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In home sales, buyer pays most closing costs

Thursday, June 24, 2021 Lauren Bunting

Buyers usually pay most of the closing costs associated with a purchase, of which, transfer and recordation taxes are one piece of the total closing costs. Customary in the state of Maryland is a split ...

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Home sales slip in February after gains in months prior

Thursday, March 25, 2021 Lauren Bunting

According to the National Association of Realtors®, existing-home sales declined in February, following gains in both January, 2021 and December, 2020. However, all four U.S. regions recorded year-over-year ...

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Individual, business rates of withholding tax in Maryland

Thursday, March 04, 2021 Lauren Bunting

Anyone who sells a property in Maryland, but is a “non-resident” of the state of Maryland, must pay a withholding tax. Recently the Maryland Association of Realtors released information on various aspects ...

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Cost effective home staging tips

Thursday, February 18, 2021 Lauren Bunting

The saying “a picture is worth a thousand words” is especially true in selling a home in today’s world, where practically all house shoppers start their search online.  Staging a home properly ...

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Tips to improve chances in challenging sellers' market

Thursday, February 11, 2021 Lauren Bunting

Lack of inventory, rising prices, multiple offers on new listings—all confirmation that we are indeed in a sellers’ market. Finding a home in today’s market is challenging for buyers, but there are ways ...

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Consumers protected from misconduct with Guaranty

Thursday, January 14, 2021 Lauren Bunting

The Maryland Real Estate Commission is the regulatory agency that provides licenses to real estate brokers and agents.Its office receives 400-500 consumer complaints annually.Maryland Real Estate Commission ...

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Real estate year-end observations

Thursday, December 24, 2020 Lauren Bunting

This year has produced noticeable real estate market shifts, and in many cases the surge in real estate demand was fueled by the effects of covid-19.Here on the shore, we saw increases in feeder market ...

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Record-setting low interest rates benefit home buyers

Thursday, December 10, 2020 Lauren Bunting

There are so many advantages to owning your own home, and even with prices on the rise, affording a new home may be easier than you think due to continued record-setting low interest rates.In fact, according ...

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Water quality test important for homes with private wells

Thursday, November 26, 2020 Lauren Bunting

An important inspection for homes, especially those on a private well water supply, is the water quality test.This test usually covers bacterial, chemical and lead testing in our area. These water tests ...

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Home smoke alarm requirements

Thursday, November 05, 2020 Lauren Bunting

Homeowners in the state of Maryland should be aware that as of Jan. 1, 2018, there were new residential smoke alarm requirements put into place, as per a bill passed by the Maryland General Assembly in ...

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Lenders seek verification of cash deposits in accounts

Thursday, October 15, 2020 Lauren Bunting

Cash may be king in a sellers’ market, but buyers need to understand that the same is not true with financial institutions.So, if you don’t have all of the cash funds readily available already in a banking ...

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Housing prices increase, but appraisals lag behind

Thursday, September 24, 2020 Lauren Bunting

With “for sale” inventory limited in many price points, sellers may be able to ask more for their home.But, sellers need to remember that the home will still need to appraise adequately if the buyer is ...

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Housing market could be stronger

Thursday, September 17, 2020 Lauren Bunting

The National Association of Realtors Chief Economist, Lawrence Yun, released a video report that dissects the latest homes sales numbers, talks about what could make the market even stronger, and forecasts ...

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OC area remains in higher demand with low inventory

Thursday, September 03, 2020 Lauren Bunting

At the beginning of the summer, we reported that demand has been very strong in the Ocean City market and surrounding areas since the end of April.Demand in the Ocean City area has remained robust. We ...

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Prepare for storms with insurance, actions

Thursday, August 06, 2020 Lauren Bunting

With the recent Tropical Storm Isaias impacting our coastal area, the importance of having a plan in place for storm events to protect your property is top of mind.In addition to purchasing flood insurance, ...

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New state legislation impacts HOA and condo associations

Thursday, July 23, 2020 Lauren Bunting

Below is the final summary of the 2020 legislative session of the Maryland General Assembly on items that were passed and put into legislation affecting the real estate industry as it relates to both ...

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Points to weigh prior to purchasing condo

Thursday, July 02, 2020 Lauren Bunting

Condo sales have been soaring in the Ocean City and surrounding beach markets.Purchasing a condominium differs from buying a single-family home in more ways than the obvious.Condo ownership offers buyers ...

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Validity of contracts explained

Thursday, June 18, 2020 Lauren Bunting

With low inventory in our market, and a high buyer demand, we are experiencing many multiple-offer situations on properties.It’s important to pay attention to contract details to be sure that verbal agreements ...

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Differences between down payments and closing costs

Thursday, May 28, 2020 Lauren Bunting

Some of the biggest misconceptions in buying a home are related to down payments and closing costs.The first misconception is that a down payment is the same thing as closing costs.Down payments are one ...

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Now great time to sell home, but take extra safety steps

Thursday, May 21, 2020 Lauren Bunting

Listing inventory is at record lows both around the country and in our local area, and buyer demand is coming back as the country eases restrictions, so it’s a great time to sell if you have been considering ...

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Home Warranties

Friday, October 04, 2019 Lauren Bunting

A home warranty is different from a homeowner insurance policy. Homeowners insurance policies cover things that “might” happen, such as theft, fire,storms/floods. But, home warranty plans cover things ...

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FHA Condo Rule Changes

Sunday, September 01, 2019 Lauren Bunting

The National Association of Realtors® sent out a press release last week commending the Department of Housing and Urban Development for finalizingnew Federal Housing Administration condominium loan policies. ...

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Transfer and Recordation Taxes in MD

Monday, July 01, 2019 Lauren Bunting

Customary in the state of Maryland is a split of transfer and recordation charges between a buyer and a seller. Section 14-104(b) of the Real PropertyArticle, Annotated Code of Maryland provides that, ...

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Moving After Losing A Loved One

Tuesday, May 07, 2019 Lauren Bunting

This post is authored by Lucille Rosetti from thebereaved.org and is being added to my blog at her request to helpprovide information on how to proceed with moving after the loss of a loved one.  Moving ...

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LWB Real Estate Report: Millennials

Thursday, July 19, 2018 Lauren Bunting

Real Estate Report: Millennials, age 18 to 35, are now the largest group of homebuyers, according to the National Association of Realtors. With this in mind, it’s importantto know what it is they are ...

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LWB Real Estate Report: Water Test Lead

Thursday, June 28, 2018 Lauren Bunting

Real Estate Report:An important inspection for homes, especially those on a private well water supply, is the water quality test. This test usually covers bacterial,chemical and lead testing in our area. ...

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LWB Real Estate Report: Legislation Wrap Up

Tuesday, April 17, 2018 Lauren Bunting

Real Estate Article:Maryland REALTORS recently released a brief report on 2018 Maryland legislation key issues affecting the real estate industry. REALTORS throughoutthe state provide advocacy and participation ...

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LWB Real Estate Report: CMA vs. Appraisal

Tuesday, March 13, 2018 Lauren Bunting

Real Estate Report: CMA vs. AppraisalTo clear up any confusion, there is a definite difference between a Comparative Market Analysis (CMA) and an appraisal. Basically, they are two differentlevels of ...

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LWB Real Estate Report: Smoke Alarm Law

Tuesday, February 13, 2018 Lauren Bunting

Real Estate Report: As of January 1, 2018, there are new residential smoke alarm requirements in the state of Maryland, as per a bill passed by the Maryland General Assemblyin 2013. Maryland REALTORS® ...

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LWB Real Estate Report: 2017 Year End Figures

Tuesday, January 30, 2018 Lauren Bunting

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 ...

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LWB Real Estate Report: Ocean Pines & USDA Loan Issue

Thursday, January 25, 2018 Lauren Bunting

An important affordable loan product for the Ocean Pines area is in jeopardy—the 100% financing USDA loan. The U.S. Department of AgricultureRural Development Maryland/Delaware State Office has ...

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LWB Real Estate Report: Importance of Home Scents

Friday, December 01, 2017 Lauren Bunting

Smells are an important factor when listing your home for sale, right up there with the visual presentation of a home. Top smells to check for are:garbage, pet smells, mold, body odor and tobacco.When ...

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LWB Real Estate Report: Contingencies

Thursday, June 01, 2017 Lauren Bunting

Contingencies Provide Buyers an Important Check and BalancePurchasing a new home is normally the biggest investment you’ll ever make and once you’ve bought a home, it’s a decision you can’t easily reverse.Contracts ...

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LWB Real Estate Report: Rental Laws

Wednesday, March 01, 2017 Lauren Bunting

 Due to recent state legislation, all rental dwelling units in Maryland will be required to have a carbon monoxide alarm installed within the dwellingon every level, including the basement, on or ...

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LWB Real Estate Report: Realtor Ethics

Wednesday, February 01, 2017 Lauren Bunting

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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The Ins and Outs of a Short Sale

Thursday, April 07, 2011 Lauren Bunting

Real Estate Report: The Ins and Outs of a Short Sale You've probably heard the term "short sale" by now—a short sale is the phrase used when a homeowner is selling their home, but the list price ...

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Thank you so much for all of your hard work. We are so excited to move into the perfect house for us, and couldn't have done it without your guidance.

Megan and Brandon Cater

My friend was right, you are the hardest working realtor, bar none. I honestly don't think that I would have gotten through this house selling process without you.

Brenda Burbage

Lauren made first time homebuying extremely approachable, and took the time to educate me on everything involved in the process.

Amanda Hanke and Keri Swigert

Thank you for all of your hard work and dedication that made this purchase possible. You advocate for your clients and I highly regard you for it. You made it possible for me and my family to achieve our goal of homeownership.

Tom Harutyunyan

Thank you so much for the very wonderful, professional job you did with selling our property. You will always be special to me.

Penny Carley

We want to say a sincere "Thank You" for all you've done for us! We know at times the road seemed never ending. Thank you for always staying positive even through our ups and downs of this process. We appreciate all you do!

Mike and Patty Locke

Lauren's extensive knowledge of the local real estate market proved to be invaluable during the purchase of our first home.

Allison Shockley and Patrick Molloy

Lauren is very easy to work with. She has helped me sell and buy homes in the area and has always been hard working and professional.

Jennifer K. Leggour

Lauren went through tremendous lengths to look out for us every step of the way all the way to the very end. If you are in need of a real estate agent who will treat your transaction as if it were their own and provide you with nothing less than A+ service you will be in good hands with Lauren.

Shireen and Mark Ambush

We were referred to Lauren by a good friend, and we couldn’t have been placed in better hands. Lauren went above and beyond in every way, throughout the entire process.

Liz Young

Lauren Bunting was our realtor when we recently sold two homes- one in Maryland and the other one in Delaware. To say we were very satisfied with all she did for us is an understatement!

Janet and Bruce Lathbury

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