Archive for the «First-time Buyers» Category

“The early-bird gets the worm” is a popular expression. Indeed, there are many examples in life when being early, or even first in line, gives you an advantage. Real estate is one of them. When shopping for a new home, being among the first to learn about a new listing benefits you in several ways:… Read more

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Say you’ve found a house for sale in an area that’s unfamiliar to you. How do you figure out if it’s going to be the ideal neighborhood? The first step is to take a walk. Stroll the neighborhood and explore. If you get the chance, chat with homeowners and get their opinions of the area…. Read more

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When you’re looking for a new home, you want to find one in a great neighborhood – or, at least, in a neighborhood that is on the upswing. How can you tell if a particular area is improving? Here are some common indicators: • Pride of ownership. Take a walk around the neighborhood. Do you… Read more

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What will your housing needs be in three to five years? If you can figure that out, you can watch the market, target areas and neighborhoods you might like to live in, and reap the benefits of planning ahead. To begin the process, start by asking yourself the following questions: • What will my family… Read more

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When considering which of two or more competing offers to accept for your home, there is no doubt price will play a huge role. After all, if Offer #1 is $10,000 higher than Offer #2, that’s an enticing difference that puts thousands of extra dollars in your pocket. However, price isn’t the only thing you… Read more

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The State of Maryland has developed a program which allows credits against the homeowner’s property tax bill if the property taxes exceed a fixed percentage of the person’s gross income. In other words, it sets a limit on the amount of property taxes any homeowner must pay based upon his or her income. This plan… Read more

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Buying a home for the first time is a big adventure and a big investment for first-time buyers. First of all, most first-time buyers are young, recently married or have been employed less than five years. Needless to say, this is a new and big endeavor. There are many concerns facing them in purchasing their… Read more

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