You’ve got all the important paperwork in place for your real estate settlement: the good-faith estimate, contract, title insurance, flood certification, proof of homeowners insurance, and mortgage insurance. The appraisals and inspections have been conducted. There’s been a walk-through of… Read More
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Maryland Real Estate: Tips for Negotiating Home Prices
Negotiating home prices in the current economy can nerve wracking, so, we are here to offer a few tips on the best approach for setting mortgage rates and settling on how much to offer when it comes to buying a… Read More
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Interest Rates
Just when you think you have interest rates figured out, BAM it changes. Two weeks ago, there was a statement made by the Federal Government that they may stop buying bonds, which had been bolstering the low interest rates. Immediately… Read More
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You Should Have Good Credit if You Are Going to Buy a Home
Maintaining good credit is often one important aspect of people’s finances that they completely neglect until it is too late. First being aware of your credit score when you are applying for a home mortgage is too late. Did you… Read More
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New RESPA rule & The trouble with Controlled Business Arrangements
In a recent case involving a title company in Columbia and a large real estate firm, there were allegations that the title company had a “Marketing Agreement” wherein the title company made monthly payments to the realtor in order to… Read More
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Misinformation about Real Estate Property Listings
In this day and age there is an information overload. Everything you have ever wanted to know is at your fingertips. But then there’s also the age old saying “don’t believe everything that you read.” This statement is becoming more… Read More
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Six Questions to Ask About Title Insurance
When you buy or refinance a home, you have a lot of things on your mind. Chances are, title insurance isn’t one of them. Title insurance is really a two-part transaction. First, the company or attorney searches property records to… Read More
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Fractional Ownership of Vacation Homes Proves to be Best Option
Fractional ownership, shared ownership, better utilization of real estate use are the wave of the future. In today’s market with Sequestration diminishing some household incomes by up to twenty percent, there is a way for families to continue to own… Read More
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Homeownership: Buy New or Old?
Out with the old, and in with the new – or so the saying goes. When it comes to homeownership, is it better to buy new or old? Should the new maxim for potential homebuyers be “go new or go… Read More