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New Montgomery Village Capital Contribution Fee

Reblogger Laura Gray
Real Estate Agent with RE/MAX Realty Group MDRE# 322086

This is an essential piece of financial information if you live in Montgomery Village , Maryland. Not only from a sellers point of view in regards to how it affects their net , but also for the Listing Agent who is preparing the net sheet.

We are starting to see fees like this more and more as Homeowner and Condo  Associations try to recoup there loses due to the Mortgage Meltdown.

Original content by Roy Kelley

New Montgomery Village Capital Contribution Fee

Effective January 1, 2012, a fee of 1/10th of 1% of the gross selling price will be charged to the purchasers of properties located within Montgomery Village.  The fee is due at the time of the settlement. The funds are to be placed in an account to be used to fund new facilities and amenities.

Please contact us if you have any questions in regard to the current real estate market in Montgomery County, Maryland or other nearby counties.

Grocer's Holiday Wreath IMG_1362

We visited Colonial Williamsburg over the Thanksgiving Holidays. It is a wonderful time of the year to visit the area.  Photograph by Roy Kelley using a Canon PowerShot G11 camera.

Roy and Dolores Kelley Photographs

We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. Your Real Estate Professionals In Maryland.

Roy Kelley
Roy Kelley & Associates
Associate Broker, RE/MAX Realty Group 

Client Assistance:  301-670-8996   


Recipient of the RE/MAX International Lifetime Achievement Award - 2008