Settlement Observer - FTE Blog
Real estate articles for agents, mortgage lenders, homebuyers and homeowers looking to refinance.
ARCHIVED BLOG POSTS
2010
Most homeowners know about the Homestead Program; most homeowners do not know about the Maryland Homeowners’ Property Tax Credit Program. This article answers many of the common questions we hear from Maryland homeowners regarding property taxes. What is the Maryland Homeowners’ Property Tax Cred...
08/19/2010
A recent survey from Bankrate.com showed homebuyers in Maryland and the District of Columbia pay closings costs that are below the national average. That was good news on its own. When I began digging through the details of the survey, I discovered this chart that breaks down closing costs for ea...
08/19/2010
Average closing costs in Maryland and the District of Columbia are less than the national average, according to the results of an annual survey by Bankrate.com. Closing costs averaged $3,741 nationally, according to the survey, which was based on a loan amount of $200,000 and included loan origin...
08/19/2010
Until recently, lenders did not require condominium purchasers (borrowers) to obtain property insurance coverage beyond that provided in the condominium association’s master policy. That all changed last year due to new condominium lending guidelines imposed by Fannie Mae (FNMA) and FHA, which no...
08/19/2010
Rainmaker
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Todd Ewing
Founder & CEO