I just received word that in an effort to stimulate sales, my mortgage contact will add to the $8000 tax credit! He will provide a $500 lender credit to any buyer who goes under contract on or after Saturday 9/26 and closed on or before Nov 30, 2009.
The buyer must qualify for the federal $8000 tax credit in order to be eligible for our $500 lender contribution.
This is only for sales that go under contract on or after Saturday 9/26/09. Sorry, no exceptions.
This contribution is only good for loans that close before December 1, 2009. If the gvt. extends the $8000 credit past Nov 30 the program will not extend past then.
Please give me a call if you are interested since we will need to get started on your search as soon as possible. Thanks!
Thursday, September 24, 2009
Friday, September 18, 2009
Baltimore Housing Cracks Down on Permit Violators
Baltimore Housing Cracks Down on Violators
Agency launches enforcement program making
it tougher to work without a permit
(Baltimore – August 26, 2009) The Permits and Code Enforcement Division of Baltimore Housing has instituted aggressive new measures to ensure that all required permits are obtained before any construction work begins in Baltimore City. The new program marks the first time an automated approach has been developed to administer penalties and conduct regular re-inspections of addresses in violation.
The new strategy is expected to significantly reduce the number of people working without permits and thereby improve the overall integrity of the permit process. Through the permit process, Baltimore Housing makes certain that buildings being developed and improved meet code and that in Historic Preservation Districts, the proposed work meets historic preservation criteria.
The division has published the new rules and regulations governing the assessment of administrative penalties ranging from a written warning to the application of both a $500 citation and a $1000 permit surcharge. The most significant penalties will be applied where major work is started without a permit or outside the scope of a permit, or for any work started in a Baltimore City Historical and Architectural Preservation District without approval from the Commission for Historical and Architectural Preservation. These sanctions are intended to guarantee that the same rules apply to everyone.
According to Housing Commissioner Paul T. Graziano, “This is one more step in our continuing efforts to increase both the effectiveness and transparency of our code enforcement operations. We are tackling the culture of impunity regarding work without a permit, especially in our Historic Preservation districts.” You can view the new rules and regulations at www.baltimorehousing.org/ps_permits.asp. For more information contact Cheron Porter, Director of Communications at 410-396-4709 or cheron.porter@habc.org.
Agency launches enforcement program making
it tougher to work without a permit
(Baltimore – August 26, 2009) The Permits and Code Enforcement Division of Baltimore Housing has instituted aggressive new measures to ensure that all required permits are obtained before any construction work begins in Baltimore City. The new program marks the first time an automated approach has been developed to administer penalties and conduct regular re-inspections of addresses in violation.
The new strategy is expected to significantly reduce the number of people working without permits and thereby improve the overall integrity of the permit process. Through the permit process, Baltimore Housing makes certain that buildings being developed and improved meet code and that in Historic Preservation Districts, the proposed work meets historic preservation criteria.
The division has published the new rules and regulations governing the assessment of administrative penalties ranging from a written warning to the application of both a $500 citation and a $1000 permit surcharge. The most significant penalties will be applied where major work is started without a permit or outside the scope of a permit, or for any work started in a Baltimore City Historical and Architectural Preservation District without approval from the Commission for Historical and Architectural Preservation. These sanctions are intended to guarantee that the same rules apply to everyone.
According to Housing Commissioner Paul T. Graziano, “This is one more step in our continuing efforts to increase both the effectiveness and transparency of our code enforcement operations. We are tackling the culture of impunity regarding work without a permit, especially in our Historic Preservation districts.” You can view the new rules and regulations at www.baltimorehousing.org/ps_permits.asp. For more information contact Cheron Porter, Director of Communications at 410-396-4709 or cheron.porter@habc.org.
Thursday, September 3, 2009
The Local Market Provides the Best Statistics
The real estate market continues to be a hot topic with the national media and we are continuously presented with many national statistics on the status of the residential real estate market. In the past two months, national statistics show an increase in not only the number of buyers entering the market, but also an increase in the sale price of homes. Armed with this information, buyers and sellers are making decisions about the timing of their move and the prices at which to buy or sell.
Although we are seeing positive national trends, national statistics are rarely the best source upon which to make your local housing decisions. Local market information and trends are more reliable and are more relevant, especially when interpreted by an expert real estate professional who knows your market.
Sellers particularly need their REALTOR® to provide this detailed information since the initial price position of their house usually determines whether they will get the highest possible amount. Since the largest pool of potential buyers exists when a property first hits the market, a price position that eliminates their consideration of the property keeps a house on the market longer. The more days a property is on the market allows buyers to make lower offers. Although a seller may believe their house is worth a certain price, the information on what buyers will pay in the current market for a house of that type is the major valid statistic upon which to make decisions.
I am always willing to provide market knowledge to you or anyone you know. Whether buying or selling, allow me to assist you in making the best decisions for your move.
Although we are seeing positive national trends, national statistics are rarely the best source upon which to make your local housing decisions. Local market information and trends are more reliable and are more relevant, especially when interpreted by an expert real estate professional who knows your market.
Sellers particularly need their REALTOR® to provide this detailed information since the initial price position of their house usually determines whether they will get the highest possible amount. Since the largest pool of potential buyers exists when a property first hits the market, a price position that eliminates their consideration of the property keeps a house on the market longer. The more days a property is on the market allows buyers to make lower offers. Although a seller may believe their house is worth a certain price, the information on what buyers will pay in the current market for a house of that type is the major valid statistic upon which to make decisions.
I am always willing to provide market knowledge to you or anyone you know. Whether buying or selling, allow me to assist you in making the best decisions for your move.
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