Every aspect of American life is being affected by COVID-19 (Novel Coronavirus), and that includes the real estate market. Besides closures and social distancing to slow the spread, buyers and sellers who are currently involved in active contracts might be affected by government office closures since

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 of a single family residential property deliver to each buyer, on or before

Presale renovations are not a new concept, but according to an article in REALTOR Magazine by the National Association of Realtors, they are becoming a new business model. Companies are popping up throughout the country that offer sellers renovation management and funding. Equity rich sellers can fix

Land owners looking to subdivide existing parcels should understand the soil testing process as well as management areas and their significance. All of the soils within our county are considered seasonal soils, meaning they have a fluctuating seasonal water table. Some fluctuate more than others.

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 real estate market. Also, the Federal Reserve has reduced short-term rates three times over the course

The state of Maryland rolled out a unique program called Maryland SmartBuy, which can help buyers with student debt attain homeownership. This program can also significantly increase a buyer’s purchasing power.

The program works by paying off student debt

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 that “will” happen, such as AC isn’t cooling house down,

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 that “will” happen, such as AC isn’t cooling house down, toilet breaks, or dishwasher

The National Association of Realtors® sent out a press release last week commending the Department of Housing and Urban Development for finalizing new Federal Housing Administration condominium loan policies. The changes, many of which NAR has championed for over

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 allow you to negotiate the contract

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 Property Article, Annotated Code of Maryland provides that, unless otherwise negotiated in the contract

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 Cumulative Days on Market (CDOM). The DOM provides a look at how

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

Moving After Losing a Loved One: When a beloved family member

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 for the fifth month in a row, while median prices increased by 4.0 percent as

Homebuyers that have been struggling to raise their credit score enough to qualify for a mortgage may be in luck. Major credit reporting firms have overhauled how they handle reporting negative credit information, and this change is resulting in