home ownership: Maryland Homestead Tax Credit
- 06/18/23 03:33 PM
Maryland Homestead Tax Credit If you own a home in the state of Maryland that is your primary residence you need to take advantage of this credit. The Homestead Tax Credit program limits the increase in taxable assessments each year to a fixed percentage, each county is required to limit their taxable assessments to 10% or less per year. Homeowners only need to register once and be sure that their driver's license has their home address on it. If you recently bought a home, you'll want to check the sdat website to make you are registered as the owner and once you … (1 comments)
home ownership: The Last Will and Testament
- 02/04/23 09:10 PM
The Last Will and Testament Tomorrow is not guaranteed, so we need to live for today. But, we also need to protect those we leave behind today, tomorrow may be too late, especially if you live in a non-community property state like Maryland. In Maryland there are three ways people can hold title to a home. We learn about these in our real estate pre-licensing class but many agents don't fully understand the impact of how you hold title to your home. Tenants in Common - two or more people own equal or unequal shares in a home and upon death, those shares pass … (5 comments)
home ownership: I am Passionate about Home Ownership
- 12/31/16 02:40 PM
I am Passionate About Home Ownership What are you passionate about? I believe that everyone should have the ability to own a home regardless of where they enter the marketplace. Homeownership stabilizes neighborhoods, family units and the economy. For every home sold 2 jobs are created. When jobs are created more money comes into the economy when there is more money in the economy communities benefit. When children are raised in families who own their own homes statistics say they do better in school so the education system also benefits and when education benefits we all benefit. Baltimore City provides many … (2 comments)
home ownership: Need Cash to Buy a House?
- 09/23/10 06:28 AM
Need Cash to Buy a House? Have you heard the news? The home buyer tax credits are gone. So, now buyers are sitting on the sidelines because they have to save for their down payment. The Federal Tax Credit program was a delayed incentive program, in that the buyer had to wait until they filed their taxes in order to take advantage of the credit. However, here in Maryland it is possible to get as much as $29,500 to help with down payment and closing costs and these programs are immediate at the time of settlement, so you don't have to … (1 comments)
home ownership: Anne Arundel County Rehabilitation Programs
- 11/22/09 01:27 PM
Some Brooklyn Park residents looking to rehab their homes could receive financial help from a county public agency. Chauncey Hall, the program director for Arundel Community Development Services Inc., will explain the Property Rehabilitation Program and the Brooklyn Park Property Rehabilitation Program at the Arundel Neighborhoods Association meeting at 7 pm, November 24 in the Brooklyn Park Library located at 1 E. 11th Ave in Brooklyn Park. The Brooklyn Park program focuses on the following streets: Ballman Court, Brookwood, Southerly, Patrick Henry, Wasena, E. 11th, Victory, 4th Street, Wood, Cross, Dell and 1st Street. Other streets can participate in the Property … (0 comments)
home ownership: 10 Ways to Prepare for Home Ownership - Free Report
- 09/20/08 03:45 PM
So, you have decided that you want to buy a home. What next? Where do you go from here? Do you know what you need to do? First thing you need to do is get prequalified for a mortgage. Be sure that the mortgage company or bank you choose is reputable. If you are uncertain how to go about getting prequalified, hire a buyer's agent. Did you know that buyer's agents generally receive payment at settlement from the seller. That's right, the seller pays for you to be represented. Isn't that great? A buyer's agent will help you identify a lender … (1 comments)
home ownership: Why own your own home
- 06/12/07 12:18 AM
You've probably seen lots of financial arguments about why you should own your own home rather than rent. This includes budgeting (no rent increases) and the tax savings you'll most likely have. Now I'm going to give you some reasons you probably haven't heard. 1. Freedom to pursue other goals in life once the major goal of home ownership is achieved Strange as it may sound, many of my first-time buyers have told me that once they bought their home, other things in their life started to fall into place. It's as if not owning took so much of their mental energy … (0 comments)
Related Links:
June Piper-Brandon
Creating Generational Wealth Through Homeownership
Maryland Homestead Tax Credit
;)
;)
;)
