According to a new real estate study, the old trope holds true: buying a home is often more affordable than renting one. Conducted by the real estate information online resource, Zillow, the study examined 200 metropolitan areas and 7,500 cities… Read More
Archive for the ‘ Maryland Real Estate News ’ Category
-
Survey Reveals Decreased Economic Distress for Homebuyers
According to the 2012 U.S. Primary Mortgage Servicer Satisfaction Study conducted by J.D. Power and Associates, Americans are in less financial distress than ever when it comes to home affordability: the rate of overdue payments has significantly decreased. The probable… Read More
-
Real Estate Companies Climbing Aboard the Paperless Train
Twelve years ago in 2000, the real estate industry took its first stride towards going green with paperless transactions. It was in Broward County Florida that the original computerized home buying process took place, cutting the process of recording the… Read More
-
The Housing Market is Hot: Buyers Bounding on Real Estate
With headlines optimistically indicating that the housing market is making steady improvements, more and more potential homebuyers are feeling confident about investing in real estate, according to a poll conducted by Prudential Real Estate. The survey indicated that almost 70%… Read More
-
Real Estate Tips: Refinancing your mortgage with Bad Credit
A common misconception that many borrowers have is that they cant refinance their home mortgage due to bad credit. Bad credit does impact the loan application process but you do have options. Once you know what your options are, you… Read More
-
Owner’s Title Insurance: 95% buy it, 10% know why
Before we go any further, yes, Owner’s Title Insurance is optional, unlike Lender’s Title Insurance, which is required. And although Owner’s Title Insurance is optional, that does not mean it is not important. A Lender’s Title Insurance protects the lender… Read More
-
Tee Tillman Explains Current Mortgage Rates and the Real Estate Market
Rates have moderated and are currently at or under 4% for a 30 year fixed mortgage. Given the Fed’s comments and the European economic issues I don’t think anyone is predicting anything other than subtle movements up and down for… Read More
-
Tee Tillman Explains the Current State of FHA Loans and how they affect you
The FHA is having it both ways. Follow along and I’ll try to explain. First, the FHA notifies its brokers and lenders on February 27th that it will increase the premium structure on new loans for single family homes. The… Read More