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Both Houses of Maryland General Assembly Pass Bans on New Ground Rents

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 […]

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

Despite the claims of some, the Internet is not an experienced Real Estate Professional. It cannot consult, counsel, advise, have knowledge of local laws and market conditions, make judgments, or most importantly, understand your individual goals and needs nor can it care about you as a Client. To obtain an accurate interpretation of any information you're receiving online, please contact me. And know that when you do, I'll never share your info with anyone. Ever.

 

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Champion Realty, Inc.
Headquarters: 645 Baltimore Annapolis Blvd. Suite 200  Severna Park, MD 21146  
Phone: 410.544.6004 or 1.800.640.0630

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You can find great local Maryland real estate information on Localism.com Melissa DelGaudio is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.