21231 : Real Estate Advice

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Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
If my house is put up for auction and sells for more than the mortgage balance, do I get any money?
If the property is auctioned for more than the loan balance, plus all the fees the bank has incurred to get this far, then it's possible you'll get some of the profits. Foreclosure is c ... more
1 vote Share Flag Tue Dec 1, 2015 Foreclosure in 21231
cpowell9, Home Buyer in Dallastown, PA
cpowell9 answered:
How do I claim and edit my listing?
I hate to drop a competitors name but I couldn't find it here either and ended up doing it on Zillow and it updated everything on here and the other real estate cites. Pictures, info, a ... more
0 votes Share Flag Fri Jul 24, 2015 Home Selling in 21231
ndouglastommy, Home Owner in Gambrills, MD
ndouglastommy answered:
If I refinance an existing mortgage, do I need to pay the state tax stamp?
If I refinance my family house and request a goodbye mortgage money for my town house, I will need to pay transfer taxes for the cash out amount? How much is the %?
0 votes Share Flag Sun Sep 22, 2013 Financing in 21231
Lucytinaa, Home Buyer in Dallas, TX
Lucytinaa answered:
Income limits on FHA loans and closing
The FHA doesn't have a minimum income requirement, the Federal Department of Housing and Urban Development (HUD) states, but it does require that borrowers prove they've had a steady in ... more
1 vote Share Flag Mon Aug 15, 2011 Home Buying in 21231
Jessica Hood…, Real Estate Pro in Gambrills, MD
Jessica Hood & Laura Roskelly answered:
New to Baltimore - do lenders accept extinguished ground rent
Hi Chas,

You might have to make payment into an escrow account but generally the amount is negligible when the annual fees are only $100 or $200 per year.
0 votes Share Flag Sun May 22, 2011 Market Conditions in 21231
Robert Mcgee, Real Estate Pro in Baltimore, MD
Robert Mcgee answered:
If the ground rent owner in Baltimore owns the land, why isn't that owner taxed on the land value
It is because the land lease recorded in the court house says you are responsible for the taxes. It is what is called a triple net lease. You are responsible for taxes, insurance and ma ... more
0 votes Share Flag Sun May 22, 2011 Market Conditions in 21231
real estate…,  in Montgomery County, MD
real estate md va dc answered:
How does the current (mid-June 08) Baltimore market compare to say, 3, 6, and 12 months ago?
Still plenty of inventory to choose from. Prices have held steady or even lowered with some condos.
0 votes Share Flag Thu Aug 28, 2008 Market Conditions in 21231
real estate…,  in Montgomery County, MD
real estate md va dc answered:
What are the current loan requirements for investment properties in Baltimore?
How many units is the property? it's possible you can get a commercial loan on it. try http://www.choicefinance.net/commercial_mortgage_real_estate_loans.htm
0 votes Share Flag Thu Aug 28, 2008 Home Buying in 21231
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