Maryland REALTORS® released their Maryland Year End sales figures, and announced that in 2017, residential sales in Maryland climbed by 3.2 percent,or more than 2,500 homes across the state. Eighteen ...
Read moreLauren's Blog
LWB Real Estate Report: Ocean Pines & USDA Loan Issue
An important affordable loan product for the Ocean Pines area is in jeopardy—the 100% financing USDA loan. The U.S. Department of AgricultureRural Development Maryland/Delaware State Office has ...
Read moreLWB Real Estate Report: Title I Loan
There is a Federal Housing Administration program that allows for the financing of a mobile home. It is called the Title I program, and it allows FHAapproved lenders to make loans from their own funds ...
Read moreLWB Real Estate Report: Realtors Effect on Taxes
The National Association of Realtors issued a news release that summarizes real estate related tax items in the Tax Cuts and Jobs Act put into place justbefore Christmas. They started by saying that Realtors ...
Read moreLWB Real Estate Report: Worcester County Market in 2017
With another strong year in real estate coming to a close, let’s take a closer look at our local area to see where the numbers stacked up for 2017 sales.The Maryland Association of REALTORS (MAR), releases ...
Read moreLWB Real Estate Report: Importance of Home Scents
Smells are an important factor when listing your home for sale, right up there with the visual presentation of a home. Top smells to check for are:garbage, pet smells, mold, body odor and tobacco.When ...
Read moreLWB Real Estate Report: FHFA
The Federal Housing Finance Agency (FHFA) recently announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and FreddieMac in 2018. In most of the U.S., the 2018 maximum ...
Read moreLWB Real Estate Report: Energy Efficiency
One of the most expensive ongoing monthly expenses for homeowners outside of their mortgage payment is their utility bills. There are some affordable andeasy adjustments you can make throughout your home ...
Read moreLWB Real Estate Report: Appraisal Differences
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 aproperty done by a professional, licensed individual ...
Read moreLWB Real Estate Report: Money to Close Differences
Some of the biggest misconceptions in buying a home are related to down-payments and closing costs. The first misconception is that a down-payment is thesame thing as closing costs. Down payments are ...
Read moreLWB Real Estate Report: Importance First Steps to Buying a Home
Many homebuyers focus on a max purchase price when searching for a new home. This number is usually based on how much a lender has told them they are approvedfor and/or a total monthly payment that ...
Read moreLWB Real Estate Report: Contingencies
Contingencies Provide Buyers an Important Check and BalancePurchasing a new home is normally the biggest investment you’ll ever make and once you’ve bought a home, it’s a decision you can’t easily reverse.Contracts ...
Read moreLWB Real Estate Report: Condo Association Fees
In the 2016 session of the Maryland General Assembly, legislation under House Bill 1192 was passed that alters the contents of required disclosures, authorizesadditional fees, and sets limits on the fees ...
Read moreLWB Real Estate Report: Role of Agent
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 ...
Read moreLWB Real Estate Report: Rental Laws
Due to recent state legislation, all rental dwelling units in Maryland will be required to have a carbon monoxide alarm installed within the dwellingon every level, including the basement, on or ...
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