Most buyers know they need to save for both a down payment and closing cost money. Buyers also need to pay down their debt to be sure their debt-to-income ratios are under the various thresholds for USDA, ...

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 ...

Earlier this week, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will eliminate the Adverse Market Refinance Fee for loan deliveries effective August ...

Industry experts are still communicating that now is a great time to sell your house, yes, it’s still a sellers’ market.  The housing market forecast remains positive for the remainder of 2021, ...

There are a few options in our local multiple list system (MLS) for letting the public know about a property for sale. These different statuses can become confusing as they are disseminated across the ...

The appraisal of a home is an important step in the real estate process, one that can certainly make or break a deal. An appraisal is a valuation of a property done by a professional, licensed individual ...

Buyers usually pay most of the closing costs associated with a purchase, of which, transfer and recordation taxes are one piece of the total closing costs. Customary in the state of Maryland is a split ...

Purchasing a condominium differs from buying a single-family home in more ways than the obvious. Of course, condo ownership offers buyers the convenience of maintenance free living—but when looking into ...

June, 2021 was proclaimed National Homeownership Month by President Joe Biden. The White House issued a news release statement from President Biden stating, “We also know that people of color continue ...

As a conclusion to the previous week’s articles, below is a final reporting of the MD State Legislature, which convened on January 13thand adjourned on April 12th. Maryland REALTORS®' issues ...

As a continuation to last week’s article, the Maryland State Legislature convened on January 13thand adjourned on April 12th. Maryland REALTORS®' issues a report each year on the Maryland ...

In 2021, the Maryland State Legislature convened on January 13th  and adjourned on April 12th. Maryland REALTORS®' issues a report each year on the Maryland Legislative session ...

Per the National Association of Home Builders (NAHB), lumber prices have tripled over the past 12 months and have caused the price of an average new single-family home to increase by $35,872. This ...

Last week, we discussed the current sellers’ market and how it is difficult to get offers accepted when facing multiple offer situations. The article last week detailed using appraisal waivers, but additional ...

Buyers are looking for ways to strengthen their offer in this competitive seller’s market. One tactic that carries a lot of weight with sellers is waiving your appraisal contingency. But not every ...