Housing Market
Southern Maryland Borrowers: How Much Mortgage Can You Afford?
The decision to buy a home is exciting yet daunting, especially if you are a first-time homebuyer. Finding the right home within your budget can be a stressful process. The first step is to determine how much mortgage you can afford. In Southern Maryland, many factors contribute to the cost of a home, making it…
Read MoreSpring into Homebuying Season in Southern Maryland
Spring is right around the corner — meaning that the homebuying season is going to start heating up in Southern Maryland. With warmer weather and longer days, it’s the perfect time of year to start looking for a new place to call home. But before you hit the open houses, there are a few things…
Read MoreSouthern Maryland Homebuyers: Will a Pre-Approval Hurt Your Credit?
For any first-time homebuyer, the process of purchasing a home can be a daunting one. One very important step in the process is getting pre-approved for a mortgage loan. But many potential buyers are concerned about how their credit score may be impacted by this step. Let’s take a closer look at what getting pre-approved…
Read MoreSouthern Maryland Sellers: Watch Out for These Common Buyer Turnoffs
Is it time to sell your Southern Maryland Home? There are some common turnoffs that could have the potential buyer turning around and walking out the door. Here are a few to consider if you want the best chances for selling your home at top dollar: Pets Walking up to a home for a…
Read MoreHow Southern Maryland Buyers Can Spot a Home With Potential
Maybe your Southern Maryland dream home isn’t in your budget, or you’re just not finding exactly what you’re looking for on the market. For buyers committed to making a move, sometimes you need to be open minded when it comes to your house hunting. This doesn’t mean compromising for a home you don’t love or…
Read MoreGetting Ready for a Virtual Open House
With many buyers opting for virtual open houses, at least for their first round of viewings, sellers are finding that they need to prepare for this new type of open house. How can you make sure your virtual open house is a success? Start with the basics. You’ll need to do many of the same…
Read MoreThings to Consider in a Refinance Market
By now, the phone calls and junk mail are coming from lenders you’ve never heard of. Your loan servicing company is leaving messages. Sponsored ads are popping up all over your web-browser and social-media platforms daily. Post cards are disguised as coming from your original lender, but in the small print at the bottom, there’s…
Read More1/3rd of You Will Live Longer Than You Think
Of course, it’s sensible that when making big medical or health decisions, you should take into account how much longer you’re likely to live. If the answer is either decades, or a few years, then you might reasonably make different decisions (e.g., if you’re going to live decades longer, then making lifestyle decisions to make…
Read MoreHousing Starts Beat Forecast
Economists were predicting that September would be the sixth straight month to have more than 1 million housing starts — a sign of sustained recovery in the market. However, the numbers even surpassed expectations The economists polled by Reuters had been expecting 1.15 million units for September, and the actual number came in at 1.206 —…
Read More[OPINION] The Necessary Evil of Fanny And Freddie
Bethany McClean, a contributing editor at Vanity Fair, recently wrote an opinion piece for The Washington Post. Her contention is, that while “everyone” in Washington thinks the taxpayer-backed mortgage giants need to go the way of the dinosaurs, the fact is we need them now (and possibly more than ever). It’s a fairly long piece, and does…
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