Because it is a “buyer’s market”, some home sellers in the Annapolis area want to raise their price a bit, “just so that I can lower it a bit and still make what I want.” Obviously when you sell your house, you want to make the most possible money, but is raising the price […]
No Comments »
Filed under: Uncategorized
The GAO just released a study of title insurance.
What it found was scary.
First, while state regulations generally require premium rates to be supported by underlying costs, the extent to which title insurance premium rates reflect such costs is not always clear.
Second, although title agents appear to play a very critical role in the underwriting process, […]
No Comments »
Filed under: Uncategorized
A bridge loan is a perfect solution for you if you have your home on the market in a slow moving market. What it is, is a short-term loan allowing you to purchase your new more desired home while you wait for your old home to sell.
If you are downsizing or moving to a […]
No Comments »
Filed under: Uncategorized
If you’re planning on buying/moving you probably keep an eye on the real estate market and you heard the news announced mid-day yesterday. National statistics show March house sales numbers down from the year before. ”The association said sales of existing homes fell 8.4 percent in March, compared with February. It marked the biggest one-month […]
No Comments »
Filed under: Uncategorized
NVR has a major presence in the Annapolis area with some new develoments starting and others finishing.
In the mid-Atlantic, which encompasses the region, orders increased 18 percent in the first quarter from the end of 2006. Cancellations, meanwhile, were at 22 percent, down from 34 percent at the same time last year.
Most of NVR’s business […]
No Comments »
Filed under: Uncategorized