MARYLAND FIRST TIME HOMEBUYER TAX CREDIT The Federal tax credit may have expired earlier this year but Maryland first time homebuyers still get a present from the State of Maryland at settlement! Let me explain: if you are a first time homebuyer in the State of Mayland, then you are exempt from paying your portion of the state transfer tax which is .25% of the sales price. As a rule of thumb (there are always exceptions), buyers and sellers split transfer and recordation taxes equally. The .25% exemption from transfer taxes I referred to above is the buyer's portion … (0 comments)
first time homebuyers: BETHESDA MD HOMES FOR SALE: BIG PRICE REDUCTION IN SONOMA
- 09/18/10 12:16 AM
BETHESDA MD HOMES FOR SALE: BIG PRICE REDUCTION IN SONOMA 5601 Greentree Road is located at the corner of Grant Street and Greentree Road in the popular Sonoma neighborhood. It is a charming cape cod style home with 3 bedrooms and 3 full baths. The house is neutral and shows well. There is a legal Montgomery County, MD rental unit in the lower level including a kitchenette and laundry. The backyard has a relaxing "zen" feel to it with a pond with recirculating water, pretty landscaping and a cedar fence etc. The list price has been reduced to $599,900. That is a … (5 comments)
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