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 PropertyArticle, Annotated Code of Maryland provides that, ...
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Foreclosure inventory down, report states
CoreLogic, a data and analytics company, recently released its National Foreclosure Report with data through August 2014—and it shows foreclosureinventory is down. The report states that 45,000 ...
Read moreFHA Introduces Changes for April 2013
Real Estate Report: FHA Introduces Changes to Help Strengthen Its Financial Health.In a recent Housing of Urban Development (HUD) news release, a series of changes were announced that will allow the agency ...
Read moreHelp Navigating the Real Estate World
Many buyers are aware of both FHA 3.5 percent down loan and the USDA 100% financing loan. Both of these loans require upfront mortgage insurance fees aswell as monthly insurance premiums that can really ...
Read moreBoomerang Buyers
Real Estate Report: Real Estate Rebound Buyers There is a contingency of buyers referred to as "rebound buyers" or "boomerang buyers"--these are the people who lost homes in foreclosures or short salesduring ...
Read moreImportant First Steps When Thinking of Buying a Home
Real Estate Report: Important first steps to buying a home With affordability on the rise, and interest rates at all time lows, more people are asking the question—should I rent or buy? The most ...
Read more2nd Quarter Housing Statistics Analysis for Worcester County
2nd Quarter Worc. County Housing Statistics.The MD Association of Realtors released their housing statistics for the 2nd quarter of 2012 and the numbers show some mixed blessings for Worcester County.The ...
Read moreChanges Affecting Home Buyers and Sellers
Changes Affecting Home Buyers and Sellers: Various legislative changes and industry modifications are made throughout the year that can affect both homebuyers and sellers. Here are two of the moresignificant ...
Read moreFHA Waives Anti-Flipping Rules through 2012
Buyers looking to purchase a home with an FHA backed loan will continue to have more leeway to purchase directly from banks or investors with a recentdecision by the Federal Housing Administration to ...
Read moreThe Ins and Outs of a Short Sale
Real Estate Report: The Ins and Outs of a Short Sale You've probably heard the term "short sale" by now—a short sale is the phrase used when a homeowner is selling their home, but the list price ...
Read moreForeclosures in Our Market--What Role Do They Play?
Distressed properties—meaning foreclosures, bank-owned (REO) and short sales, where the property is being sold for less than the mortgage due—areundeniably playing a role in keeping our housing ...
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Recent Posts
- Transfer and Recordation Taxes in MD
- Foreclosure inventory down, report states
- FHA Introduces Changes for April 2013
- Help Navigating the Real Estate World
- Boomerang Buyers
- Important First Steps When Thinking of Buying a Home
- 2nd Quarter Housing Statistics Analysis for Worcester County
- Changes Affecting Home Buyers and Sellers
- FHA Waives Anti-Flipping Rules through 2012
- The Ins and Outs of a Short Sale
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