New ground rent policies are likely to become illegal after the Maryland House and Senate unanimously passed bills Thursday to end the practice.
Ground rent is an antiquated provision in some areas whereby homeowners must pay nominal rents for the land their homes sit on. The practice dates to the 1600s and is seldom invoked, but […]
Help for Buyers
Both Houses of Maryland General Assembly Pass Bans on New Ground Rents
Tags: Real Estate Tips · Help for Sellers · Help for Buyers · Help for Homeowners
A Fight Over the Fine Print
Chevy Chase Bank Faces Suit Over Adjustable-Rate Mortgages
With college costs looming for their four children, Bryan and Susan Andrews were looking for a way to cut their monthly expenses.
The sales pitch that came in the mail seemed perfect: A mortgage at 1.95 percent, fixed for five years.
“It sounded like a really good program,” Susan Andrews […]
Tags: Help for Buyers · Financing
Mortgage Interest Rates: 02/19/2007
Now is a great time to be a buyer! Not only is there an unprecedented inventory of homes for sale in Anne Arundel County, Annapolis and the Chesapeake Bay Region, interest rates are still at historical lows!
For Monday, February 19, 2007, mortgage rates are ranging from 5.375% to 5.875% (source Yahoo! Finance). These rates assume […]
Tags: Help for Buyers · Financing · Current Mortgage Rates
Scrub That Credit Score!
When you’re getting ready to purchase real estate, whether it’s in Anne Arundel County or anywhere else for that matter, you know the importance of having good credit. The better your credit score, the lower your interest rate. The lower the interest rate, the more home you’ll be able to afford.
People with higher credit scores […]
Tags: Real Estate Tips · Help for Buyers · Financing
Preparing Your Children For The Move
While the prospect of relocating is often, well … moving for adults, it is important to consider the impact that a move may have on your children. Although you may be excited about living in a new neighborhood, your young children may be somewhat anxious about making new friends and adapting to a new school in […]
Tags: Real Estate Tips · Help for Buyers



