In the past two week’s article, we reviewed the Maryland General Assembly new legislation requiring all condominiums, homeowner associations, and housing cooperatives to undertake regular ...

In last week’s article, we reviewed the Maryland General Assembly new legislation requiring all condominiums, homeowner associations, and housing cooperatives to undertake regular reserve studies ...

Consumers can get confused when it comes to dual agency in real estate. The Maryland Real Estate Commission describes dual agency below: The possibility of dual agency arises ...

Anyone who sells a property in Maryland, but is a “non-resident” of the state of Maryland, must pay a withholding tax. Recently the Maryland Association of Realtors released information on various ...

The National Association of REALTORS (NAR) website, www.realtor.org, has information on county median home prices and monthly mortgage payments across the country. NAR applies the House Price ...

The COVID-19 pandemic kicked adaptations into overdrive, so the National Association of REALTORS® (NAR) recently provided a report called Adopt to Adapt, with insight into ...

The Maryland Department of Natural Resources (DNR) offers a Forest Conservation and Management program and there are approximately 1,300 agreements in effect covering approximately 84,000 ...

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 ...

 Since 1969, the REALTORS® Political Action Committee (RPAC), has promoted the election of pro-REALTOR® candidates across the United States. The purpose of RPAC is to use voluntary ...

The National Association of REALTORS®’ 2022 Profile of Home Buyers and Sellers report shows that first-time home buyers have dropped to their lowest numbers on record. NAR further ...

2022 was a year in which we saw a shift in the real estate market: increasing mortgage rates, reduction in the volume of sales, but no increase in inventory resulting in prices ...

Back in the beginning of October, Maryland REALTORS® rolled out changes to its statewide forms library, which contains contracts, disclosures and addenda that members of Maryland ...

C-PACE is the acronym for Commercial Property Assessed Clean Energy. C-PACE programs provide private financing for commercial property owners to upgrade buildings with energy, resiliency, and environmental ...

Last year, Governor Larry Hogan issued a proclamation that October 30th is Weatherization Day in Maryland. The Maryland Department of Housing and Community Development (DHCD) is marking ...

The Department of Housing and Community Development in Maryland (DHCD) offers a program called the Maryland WholeHome Program which can help homeowners make valuable repairs ...

Governor Larry Hogan announced last weeknearly $32 million in project awards through the Maryland Department of Housing and Community Development’s (DHCD) 2022 application round for federal Low Income ...

The talk about town related to real estate right now is mortgage rates are on the rise. To provide some guidance, here’s what industry experts are saying about the present and possible future ...

The National Association of Realtors explains the differences and the pros and cons to both mediation and arbitration, alternative dispute resolution options when a dispute arises from a real ...

A recent Zillow report is showing that with sales up and values up during the pandemic real estate boom, more homes are selling for over the $1 million mark. The report also detailed that the typical ...

Governor Larry Hogan announced last weekthat the Maryland Department of Housing and Community Development (DHCD) has expanded the state’s landmark SmartBuyinitiative to address rising housing ...

A well-planned open house allows potential buyers to picture how life in this home would be, and in the summer, people tend to be more relaxed; it’s the time of vacations and lazy days. So making ...

Maryland REALTORS® released information on statewide June home sales. Their release states that home sales continued to slow down as prices continued to rise, according to ...

Every house has a unique architectural style. Sometimes the architecture is a blend of more than one architectural style due to additions. The National Association of Realtors explains that ...

The National Association of Realtors provides a monthly home showings report based off showing information taken from Sentrilock lockboxes, which are used by the majority of real estate agents ...

Appraisals in a sellers’ market can be troublesome, and transactions can fall apart when appraisals come up short—creating an appraisal gap. An appraisal gap is the difference between market ...

In 2022, the Maryland State Legislature convened on January 12th and adjourned on April 11th. Maryland REALTORS® issues a report each year on the Maryland Legislative session to summarize ...

In 2022, the Maryland State Legislature convened on January 12th and adjourned on April 11th. Maryland REALTORS® issues a report each year on the Maryland Legislative session ...

Governor Larry Hogan announced at the end of April that more than $200 million in financing tools and new programs will be made available to create new affordable housing opportunities in the ...

One of the important steps during a real estate purchase is conducting a title search. The title search is just one of the buyer’s closing cost expenses and is usually ordered ...

The month of April this year celebrated the 54th anniversary of the Fair Housing Act, the landmark civil rights law signed by President Lyndon B. Johnson on April 11, 1968, that made discrimination ...

The Maryland Department of Housing and Community Development’s Maryland Mortgage Program announced the launch of two new loan products to provide higher levels of down payment and closing cost assistance. ...

The shift in interest rates is in motion. According to Forbes.com, mortgage rates have jumped 1.5 percentage points during the first three months of this year. They further communicated that ...

If a piece of undeveloped land is being sold that has an agricultural use, but it is the intent to change the use to residential, then the Agricultural Transfer Tax and Surcharge applies at the point ...

You know the old tune by Tennessee Ernie Ford: You load sixteen tons, what do you get; Another day older and deeper in debt; Saint Peter don't you call me 'cause I can't go; I owe my soul ...

Solar panels on a home can be a great selling advantage, one that provides very affordable utility bills. This type of technology is called a solar photovoltaic (“PV”) panel system or“Solar ...

What is equitable interest? An equitable interest is an "interest held by virtue of an equitable title (a title that indicates a beneficial interest in property and that gives the holder ...

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. ...

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, ...

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 ...

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 ...

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 ...

Maryland REALTORS® just released real estate statistics information from the October 2021 housing market analysis. The market continued its monthly trend of a decrease in units sold, down 8,665 in 2021, ...

Landlords have an importantdecision to make when selecting a tenant to rent their investment propertyyear-round. Property owners have traditionally interviewed prospective tenantsin person and asked for ...

The Maryland Real Estate Commission is the regulatory agency that provides licenses to real estate brokers and agents.Its office receives 400-500 consumer complaints annually.Maryland Real Estate Commission ...

Real Estate Report: Homebuyers may be eligible to receive up to $5000.00 in closing cost assistance through Bank of America’s Home Grant program. These funds can be usedto help with nonrecurring closing ...

Real Estate Report: Realtor Education and Ethics RequirementsHave you ever wondered what qualifications your REALTOR® encompasses? To be a licensed REALTOR®, there is a detailed list of requirements, ...

The Maryland Association of Realtors has issued a new brochure for the public entitled “Get to Know the Role of Real Estate Agents”. The brochure coversthe role of agents and agency relationships and ...

In a recent news release issued by the National Association of Realtors (NAR), it was reported that Realtors continue to invest in new technology for theirbusiness and have spent more than they did in ...

Have you ever wondered what qualifications your Realtor encompasses? To be a licensed Realtor, there is a detailed list of requirements, not only to obtain your license initially, but also to maintain ...