Every aspect of American life is being affected by COVID-19 (Novel Coronavirus), and that includes the real estate market. Besides closures and socialdistancing to slow the spread, buyers and sellers ...
Read moreLauren's Blog
Md. Contracts of Sales Includes Addendums
Part of each residential contract of sale in Maryland is an addendum from Section 10-702 of the Real Property Article of the Annotated Code of Maryland(“Section 10-702”). This code requires that a seller ...
Read morePresale Renovations
Presale renovations are not a new concept, but according to an article in REALTOR Magazine by the National Association of Realtors, they are becoming anew business model. Companies are popping up throughout ...
Read moreLand Subdivision Requires Grasp on Soil Testing Rules
Land owners looking to subdivide existing parcels should understand the soil testing process as well as management areas and their significance. All ofthe soils within our county are considered seasonal ...
Read moreReal Estate Report: Year End At A Glance
With many economists predicting a recession in 2019, we are entering the final days of this year and this decade in a good economy and a steady realestate market. Also, the Federal Reserve has reduced ...
Read moreHow Would You Like to Wipe Out Up to $40K in Student Debt by Buying a Home in MD?
The state of Maryland rolled out a unique program called Maryland SmartBuy, which can help buyers with student debt attain homeownership. This programcan also significantly increase a buyer’s purchasing ...
Read moreHome Warranties
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 ...
Read moreHome Warranties
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 ...
Read moreFHA Condo Rule Changes
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. ...
Read moreContingencies in Contracts
Purchasing 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 of sale offer various contingency clauses that ...
Read moreTransfer and Recordation Taxes in MD
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, ...
Read moreDays On Market Calculations in Bright MLS
The local multiple list system is called Bright MLS. Bright tracks how long a listing has been active with the use of Days on Market (DOM) and CumulativeDays on Market (CDOM). The DOM provides a look ...
Read moreMoving After Losing A Loved One
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 ...
Read moreLWB Real Estate Report: Market Update
Residential home prices rose in June compared to the same period of 2017, according to Maryland REALTORS. Average home prices rose by 2.9 percent forthe fifth month in a row, while median prices increased ...
Read moreLWB Real Estate Report: Credit Reporting Change
Homebuyers that have been struggling to raise their credit score enough to qualify for a mortgage may be in luck. Major credit reporting firms haveoverhauled how they handle reporting negative credit ...
Read moreRecent Posts
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