FHA mortgages allow for the full downpayment to be a gift. Currently, FHA mortgages require a 3.5% downpayment from a buyer, in addition to local closing costs, including transfer taxes, mortgage costs, title company and local charges, and possibly other closing costs. What many FHA homebuyers may not know is that the 3.5% downpayment can be [...]
Buying your first home - what to do in the year leading up to your first purchase comes from an article on realtor.com that talks about what to do a year before buying your first home. There are many things you can do to prepare, both the year before, and the months leading up to [...]
11615 Silvermaple Court is a four bedroom home in Hunt Valley Station for sale for $559,000. *SOLD 1/27/17!* This Hunt Valley Station home has 2,198 square feet above ground, which does not include the basement. The basement is finished with a rec room, large laundry room, and full bath. This is a Ryland-built home. The first floor showcases a [...]
11605 Hunters Run Drive is a four bedroom home in Hunt Valley Station for sale for $539,900. *SOLD 12/22/16* This Hunt Valley Station home has 2,408 square feet above ground, which does not include the basement. The basement is partially finished with a half bath, but is plumbed for a full bath. This is a Faust-built home. The first floor [...]
What is an HOA? An HOA is a HomeOwner's Association. What does an HOA do? An HOA's purpose can vary depending on the neighborhood and the rules and restrictions of the neighborhood. If you buy a home in a community with an HOA, you are required to abide by the rules and regulations set forth [...]
Zillow Zestimates may be inaccurate again and again in Baltimore. Zillow Zestimates. Buyers often look to them, thinking they are a good representation of a home's value. In reality, often (not always, but often,) Zillow Zestimates can be off. Especially in Baltimore County. This happens across the country. The Los Angeles Times published an article regarding this [...]
1116 Walnutwood Road is a four bedroom home in Hunt Valley Station for sale for $599,999. *SOLD 5/1/17* This Hunt Valley Station home has 3,125 square feet above ground, which does not include the basement. The basement is finished with a full bath. The first floor showcases hardwood floors, an office/library, a gourmet eat-in kitchen with granite and [...]
FHA condo recertification should get easier, thanks to the passage of H.R.3700 - Housing Opportunity Through Modernization Act of 2016 on July 14. It also lowers the current owner-occupancy from 50% to 35%, which should hopefully make more Baltimore County condominium communities eligible for FHA financing. Right now, there are a number of Baltimore County condo [...]
11508 Hunters Run Drive is a four bedroom home in Hunt Valley Station for sale for $629,700. *SOLD 6/15/16* This Hunt Valley Station home has 3,485 square feet above ground, which does not include the basement. The basement is finished with what could be a fifth bedroom and full bath. The first floor showcases an office/library, [...]
1214 Walnutwood Road is a four bedroom home in Hunt Valley Station for sale for $595,000. *SOLD 7/21/16* This Hunt Valley Station home has 3,094 square feet above ground, which does not include the basement. The basement is finished with what could be a fifth bedroom and full bath. The first floor showcases hardwood floors, an [...]