In real estate, there are three levels of licensure: Salesperson, Associate Broker and Broker. Licenses are issued bythe Maryland Department of Labor, Licensing and Regulation, which is the licensing ...
Read moreLauren's Blog
Three Helpful Hints to Save on Homeowners Insurance
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 ...
Read moreDoc Lite Loan Program: A Local Loan Solution for Investors
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. ...
Read moreManage Your Moving Costs
With inflation and national average costs of moving on the rise, budgeting in this expense when selling your home is important. Below are some tips for having a smooth move when selling.Try to pick an ...
Read moreWorcester County’s Chesapeake Bay Critical Area Program
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, ...
Read moreIndustry Experts Take on the Market
The number one question most real estate agents are asked right now is "What is the market doing?". The best way to answer that question is to watch the market statistics and listen to the various industry ...
Read moreUpfront Fees For Certain High-Balance and Second Home Loans Set To Rise
The Federal Housing Finance Agency (FHFA) recently announced increases to Fannie Mae and Freddie Mac's upfront fees for certain high-balance and second-home loans. High balance loans are mortgages originated ...
Read moreProperty Reassessments & How To Appeal Them
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 ...
Read moreWhat To Expect In 2022
According to a recent article released by the National Association of Realtors, consumers can expect slower housing price appreciation, easing inflation and rising interest rates in 2022. This statement ...
Read more2021 Market Recap
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 ...
Read moreThe National Flood Insurance Program’s New Rating Methodology
The National Flood Insurance Program’s (NFIP) has a new rating methodology, Risk Rating 2.0, and FEMA says it will deliver rates that are easier to understand and better reflect a property’s unique flood ...
Read moreUSDA Home Loans
USDA offers loans and grants for home repairs in rural areas of Maryland through a program known as Section 504 Home Repair program. The program provides loans to very-low-income homeowners to repair, ...
Read moreChimney Inspections
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, woodstove, or pellet stove. This ...
Read moreProperty Condition: Latent Defect vs. Material Fact
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 moreReal Estate Activity in the Holiday Market
A common question from sellers is “when is the best time to sell my house?”. But, the answer to that question is multi-faceted and dependent on market conditions.Traditionally, the slowest buyer demand ...
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