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foreclosure: Tenants Faced with Foreclosure - An Update - 06/27/09 11:23 AM
FORECLOSURE TURNS LIVES UPSIDE DOWN FOR TENANTS
Hopefully we won't be reading or writing any more posts like the one I wrote in March 2008 titled Tenants Faced with Foreclosure - Lives Turned Upside Down - at least not for Maryland properties.  This is an update inspired by that post.
In addition to new federal legislation protecting tenants at foreclosure, new state legislation went into effect last month in Maryland requiring a series of notices to all occupants of residential properties at various stages of the foreclosure process.

Don't get me wrong... it will still be very disturbing to … (16 comments)

foreclosure: How to Avoid a Short Sale or Foreclosure in Maryland - 04/10/08 07:30 PM
Maryland offers three programs that may provide relief for homeowners concerned about increasing monthly payments or late payments on their mortgage.  Hopefully one of these programs will be just what you need for buying time to address whatever financial challenges you face.
"Denial" may be your greatest obstacle to avoiding a short sale or foreclosure.  Pretending there's no problem, leaving mail from your mortgage company unopened, and not answering your phone are three things that will NOT put you on a path to financial recovery.  (Sound familiar?) 
On the other hand, one of these three programs from the Maryland Department of Housing and Community Development may help.  Don't you owe it … (8 comments)

foreclosure: Tenants Faced With Foreclosure - Lives Turned Upside Down - 03/05/08 08:34 AM
What happens to tenants when their landlord fails to make the mortage payment?  One of my clients is learning the answer to this question the hard way.  He's living through it. 
 

Let's back up two years to March 2006, when I rented a nice 4-bedroom colonial in Bowie, Maryland, to Tom and his family.  After two years in a townhome, this family of five was no less excited about their new home than any homebuyer.  This wonderful home gave them a yard, a home office, a playroom, and an updated kitchen.  The commute to work was shorter, the schools were good, and they could enjoy the security of a … (29 comments)

 
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Margaret Woda, Maryland Real Estate & Military Relocation Services

Crofton, MD

More about me…

Long & Foster Real Estate, Inc., Crofton, MD

Address: 2191 Defense Hwy., #120, Crofton, Bowie, and Davidsonville, MD, 21114

Office Phone: (410) 721-1500

Cell Phone: (301) 346-2923

Email Me

Real Estate and community information for homebuyers, sellers, and rookie agents in Bowie, Crofton, Crownsville, Davidsonville, Fort Meade, Gambrills, Odenton, Millersville, and the U.S. Naval Academy in Annapolis. Proven systems - combining local expertise, professional experience, and technology - to give you a competitive edge when you buy or sell a home.

EHO



Margaret Woda




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