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Bowie homeowners reviewing their latest property-tax bill have a new municipal rate to account for. The city’s adopted fiscal 2027 budget sets the real property rate at $0.58 per $100 of assessed value, up from $0.40. The fiscal year runs…
A new roof, repaired porch, or replacement fence can begin with a simple question in Frederick: does the property sit inside a local historic preservation overlay? The answer affects how an exterior project should be planned. It is worth settling…
A Baltimore house can come with a separate payment that is easy to miss while comparing mortgage estimates: ground rent. Maryland’s Department of Housing and Community Development says ground rents are most prevalent in Baltimore City, although they also exist…
Maryland’s housing market continues to see home prices increase in many communities. While the rapid growth seen over the past few years has slowed, many cities are still experiencing steady gains in property values. A limited supply of homes, combined…
Are property taxes too much? The early months of the global pandemic witnessed a significant uptick in home sales across the United States. In a striking development from the first quarter of 2020 to the second, the homeownership rate in…
Maryland has the cheapest and most affordable cities in all of the U.S. The state is known for having beautiful landscapes, blue crabs, a major historic trading port, and Cape Cod homes. With growing cities across the state, Maryland has…
When it comes to buying or selling real estate in Baltimore, understanding the city and county’s property tax rates is crucial. With the highest property tax rate in Maryland for the 2022-2023 fiscal year, it’s essential to stay up-to-date on…
Maryland legislators have passed a bill that would prevent exclusive real estate listing agreements from binding homeowners for more than one year. The bill was proposed by Del. Marlon Amprey in response to the controversial practices of MV Realty, a…
A property profile report is a document that provides detailed information about a specific property, including its location, size, age, condition, and features. Property history reports are often used by investors and homeowners to evaluate the potential value of a…
Property Records of Maryland is currently working with MD residents to constantly improve what they call a premium property history report. A property history report includes a large list of details of a specific house that an individual is interested…
Paying off a mortgage early can bring many financial benefits to homeowners. Firstly, by paying off the loan early, homeowners can save a considerable amount of money on interest payments over the life of the loan. Additionally, paying off the…
Homeowner assistance can be a lifeline for families looking to purchase their first home. With the devastating effects of the pandemic on many households, states are now able to distribute almost $10 billion in aid to struggling homeowners through the…