Homeownership

what is a home appraisal - appraised value

What is a Home Appraisal and Why is it Important?

When it comes to buying or selling a property, understanding its true value is crucial. This is where a home appraisal comes into play. A home appraisal, also known as a property valuation or real estate appraisal, is a professional assessment of a property’s worth. It provides an unbiased evaluation of a property’s market value,

What is a Home Appraisal and Why is it Important? Read More »

earnest money deposit

Understanding Earnest Money in Real Estate: A Beginner’s Guide

What is Earnest Money and Why is it Important in Real Estate? In the world of real estate transactions, one term that often comes up is “earnest money.” But what exactly does it mean? Earnest money (also referred to as “good faith”) refers to a deposit made by a buyer during the homebuying process to

Understanding Earnest Money in Real Estate: A Beginner’s Guide Read More »

real estate home appraisal

Should I Get an Appraisal Before Selling My Home?

When you’re gearing up to sell your home, there are several crucial decisions to make. One of them is whether to get a home appraisal before listing your property. This article aims to guide you through the intricacies of this decision, providing you with a comprehensive understanding of the advantages, disadvantages, and alternatives associated with

Should I Get an Appraisal Before Selling My Home? Read More »

costly repairs - plumber fixing sink

The Most Costly Repairs When Selling or Buying a House

Buying or selling a home is a thrilling venture, but it doesn’t come without its share of bumps along the road. Often, these challenges revolve around hidden or large-scale repairs that need attention. So crawl with me into the nuts and bolts of houses today! Get your gloves; things could get a bit messy. Let’s

The Most Costly Repairs When Selling or Buying a House Read More »

home inspector doing a home inspection

What to Expect From a Home Inspection: A Buyers Checklist

What is a Home Inspection? A home inspection is a critical step in the home buying process that helps potential buyers gain a comprehensive understanding of the property’s condition before finalizing the purchase. It is a thorough evaluation performed by a licensed and qualified home inspector to identify any underlying issues, damages, or potential hazards

What to Expect From a Home Inspection: A Buyers Checklist Read More »

foreclosure notice - late mortgage payments

How Many Mortgage Payments Can I Miss Before Foreclosure?

Owning a home is a significant milestone in one’s life, often achieved through a mortgage. A mortgage is a long-term loan provided by a financial institution or lender to help individuals purchase a property. It allows the borrower to make monthly payments over an extended period until the loan is fully repaid. However, life’s uncertainties

How Many Mortgage Payments Can I Miss Before Foreclosure? Read More »

unpaid property taxes

What Happens If I Don’t Pay My Property Taxes in Maryland?

Property taxes are an essential aspect of homeownership, supporting various public services and infrastructure. In Maryland, failure to pay property taxes can lead to a tax sale, where tax lien certificates are auctioned to the highest bidder. Understanding the tax sale process, the implications of unpaid taxes, and your options as a homeowner is crucial

What Happens If I Don’t Pay My Property Taxes in Maryland? Read More »