Lauren Bunting is an Associate Broker with Atlantic Shores Sotheby’s International Realty in Ocean City.
(March 27, 2020) According to the National Association of Realtors, February home sales surged 7.2 percent year-over-year, hitting a pace of 5.77 million, and home prices rose 8 percent – both encouraging figures for spring.
(March 13, 2020) Contracts of sale offer various contingency clauses that allow you to negotiate a contract or possibly render the contract null and void if necessary.
(Feb. 28, 2020) 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”).
(Feb. 21, 2020) Owners of a condominium unit or a unit in a homeowners association (HOA) must provide buyers what is referred to as a “resale package.”
(Feb. 7, 2020) 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.
(Jan. 24, 2020) All homebuyers know they should get a home inspection, but a common misconception is that your home inspector will also cover inspecting for termites.
(Jan. 17, 2020) Land owners looking to subdivide existing parcels should understand the soil testing process as well as management areas and their significance.
(Jan. 3, 2020) One of the inspections that a buyer might decide to pay for when purchasing a home is a chimney inspection, especially when buying a home with a wood burning fireplace, wood stove, or pellet stove.
(Dec. 27, 2019) 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.
(Dec. 13, 2019) If a home doesn’t operate off of a public sewer facility, then a private in-ground wastewater treatment system is used to treat and dispose of household wastewater on-site.
(Nov. 29, 2019) Cyber Monday hits the real estate market? It’s true, even real estate websites are offering marketing deals this holiday season to encourage online shopping for homes.
(Nov. 1, 2019) Most buyers know they need to save down payment and closing cost money, pay down their debt and talk to a mortgage broker before looking at buying a home.
(Oct. 18, 2019) This year, Amazon dipped its toes into the real estate business by partnering with five of the largest real estate brokerages with a collaboration they have named “TurnKey.”
(Oct. 4, 2019) T3 Sixty, a management consulting, training and in-depth research company for the real estate industry, issued a news release about its new white paper, The MLS 2022 Agenda.
(Aug. 23, 2019) 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.
(Aug. 16, 2019) Potential renters should beware of possible scams when searching for rental properties online, and specifically, in many cases when searching on craigslist.com.
(Aug. 9, 2019) The Department of Housing and Urban Development (HUD) announced Thursday that it’s lowering the loan-to-value requirements for cash-out refinances from 85 to 80 percent.
(Aug. 2, 2019) 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.
(July 5, 2019) Can you imagine if you weren’t able to find real estate sales prices in public record—no public data for sites like Zillow and Realtor.com?
(June 28, 2019) Since 2015, the state of Maryland has made it mandatory for all properties built prior to 1978 to have a new lead inspection certificate at each change of occupancy.
(June 7, 2019) Representatives from the National Association of Realtors traveled to the Department of Housing and Urban Development at the end of May to hear from administration officials regarding a host of regulatory issues impacting the housing industry.
(May 24, 2019) The National Association of Realtors Aspiring Home Buyer Profile is an in-depth examination of the consumer preferences of non-homeowners, defined as those that rent and those that live with someone else, such as family or friends, without paying rent.
(May 10, 2019) Anyone who sells a property in Maryland, but is a “non-resident” of the state, must pay a withholding tax at the time of the sale of their property.
(May 3, 2019) Owning a vacation home is part of the American dream for many people – the ability to have a place they can escape to for relaxation from work and a place to make memories with family and friends.
(April 19, 2019) The Opportunity Zone program is a nationwide initiative administered by the U.S. Treasury created under the 2017 Tax Cuts and Jobs Act.