(May 22, 2020) 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 putting your home on the market.
(May 15, 2020) 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.
(May 8, 2020) Despite the new reality and sobering impact of the virus, real estate transactions are still happening.
(May 1, 2020) We all want to see the pandemic come to an end, but realize the return to normal life will be a gradual progression—and one that will bring along changes in the way we live.
(April 24, 2020) As a result of covid-19 and the necessary “shelter in place” ordinances, local courthouse and county offices are closed to the public.
(April 17, 2020) During the “Stay at Home Order” issued by Gov. Larry Hogan, real estate is affected, but definitely not halted.
(April 10, 2020) If you’ve been furloughed or laid off from your job, there are options now to be able to reduce or suspend your mortgage payment.
(April 3, 2020) With updates and announcements daily, as well as much of our country under stay-at-home orders to help slow the spread of the virus, the real estate industry is challenged to stay engaged with clients and meet critical deadlines without in-person meetings.
(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 20, 2020) Every aspect of American life is being affected by COVID-19 (novel coronavirus), and that includes the real estate market.
(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.
(March 6, 2020) The creator of the FICO score, Fair Isaac Corp, is going to make some changes to how credit scores are calculated.
(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. 14, 2020) There are three kinds of agency relationships in Maryland: seller agency, buyer agency and dual agency.
(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. 31, 2020) Customary in the state of Maryland is a split of transfer and recordation charges between a buyer and a seller.
(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. 10, 2020) Why build (or renovate) green?
(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. 20, 2019) Buying a home is one of the single largest investments people will make in a lifetime.
(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.
(Dec. 6, 2019) Landlords have an important decision to make when selecting a tenant to rent their investment property year-round.
(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. 22, 2109) The state rolled out a unique program called Maryland SmartBuy, which can help buyers with student debt attain homeownership.
(Nov. 15, 2019) Maryland Realtors issued a news release stating that the real estate market in the state remains stable.
(Nov. 8, 2019) In a strong real estate market with lower inventory, the likelihood of multiple offer situations occurring increases.
(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. 25, 2019) It’s undeniable that staging can help sell 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.
(Sept. 27 2019) A home warranty is different from a homeowner insurance policy.
(Sept. 20, 2019) Real estate agents in Maryland are required to complete 15 hours of continuing education every two years.
(Sept. 13, 2019) The local multiple list system is called Bright MLS.
(Sept. 6, 2019) Customary in the state of Maryland is a split of transfer and recordation charges between a buyer and a seller.
(Aug. 30, 2019) Buyers actively looking for a home in today’s market are likely to get a response if they say “Hey Alexa.”
(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 26, 2019) Local zoning laws affect how a property can be utilized, and therefore, affect a property’s value.
(July 19, 2019) Real estate agents must comply with telemarketing laws.
(July 12, 2019) As most are aware due to recent news coverage, the town of Berlin has increased both taxes and water/sewer utility charges.
(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 21, 2019) Some new data released on online page views from Redfin.com supports that the initial listing of a home is a critical time.
(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 31, 2019) Accessory dwelling units (ADUs) are smaller units added to a property, sometimes called “in-law suites” or “granny-flats.”
(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.