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 ...
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Maryland Department of Housing and Community Development Offering Tax Credit for Home Renovations
The Maryland Department of Housing and The Maryland Department of Housing and Community Development (DHCD) administers a State of Maryland tax credit for residents of the state who ...
Read more2022 Update from the Maryland State Legislature
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 ...
Read more3 Tips To Pay Off Your Mortgage Faster
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 ...
Read moreIn home sales, buyer pays most closing costs
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 ...
Read moreTransfer and Recordation Taxes in MD
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, ...
Read moreLWB Real Estate Report: 2018 Legislative Priorities
The Maryland Realtors® released their 2018 Legislative Priorities list for Realtors throughout the state to be aware ofthe key legislation being considered that will affect the real estate industry. Here ...
Read moreLWB Real Estate Report: Tax Prep to Purchase
For those considering a purchase of a new home in 2017, there are steps you can take to prepare yourself financially. The first step is to contact a localmortgage broker that can help review your current ...
Read moreLike-kind swaps have important tax implications
The National Association of Realtors (NAR) conducted a survey that shows real estate like-kind exchanges are an important vehicle for disposing of andacquiring properties and support the nation's financial ...
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 moreShort Sale and Foreclosure Resource Certification Obtained
I've just received my SFR designation, which stands for Short Sale and Foreclosure Resource. This is a nationally recognized Short Sales and ForeclosureResource certification. The National Association ...
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Recent Posts
- Maryland Withholding Tax Explained
- Maryland Department of Housing and Community Development Offering Tax Credit for Home Renovations
- 2022 Update from the Maryland State Legislature
- 3 Tips To Pay Off Your Mortgage Faster
- In home sales, buyer pays most closing costs
- Transfer and Recordation Taxes in MD
- LWB Real Estate Report: 2018 Legislative Priorities
- LWB Real Estate Report: Tax Prep to Purchase
- Like-kind swaps have important tax implications
- FHA Introduces Changes for April 2013
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