http://www.trulia.com/voices/Home_Buying/Maryland_first_time_Home_buyers_w_repsect_to_Ryla-139709If I live in MD and am thinking about buying a home from a company like Ryland or Ryan homes for my first home, is the First Time Maryland Home Buyer law in effect or do I have to pay all of the transfer and recordation taxes?en-ushttp://www.trulia.com/voices/profile/Real_Estate_Pro-Maryland-88773/http://www.trulia.com/voices/profile/Real_Estate_Pro-Maryland-88773/The law is in effect for all sellers in Maryland including builders. This is legal information and not a legal opinion. Builders tend to "steer" buyers to their own preferred lenders and title companies, however all buyers in Maryland have the right to their own real estate agent, lender and title company. You are also entitled to view all HOA/Condo documents and financial statements.Tue, 23 Jun 2009 18:20:21 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Timonium_MD-377991/http://www.trulia.com/voices/profile/Real_Estate_Pro-Timonium_MD-377991/Clint, usually the buyer pays all of the transfer taxes when it comes to buying a newly built home. The best way to ensure your best interests are taken care of, you should go with a real estate agent to visit the homes and have that person represent you throughout the transaction. Everything in a contract may be negotiable. You need a good negotiator on your side! Please let me know if there is anything I can do to help you in buying your first home. Thanks so much! Sincerely, Marney Kirk Keller Williams Excellence RealtyTue, 23 Jun 2009 16:34:30 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Baltimore_County_MD-286394/http://www.trulia.com/voices/profile/Real_Estate_Pro-Baltimore_County_MD-286394/Hi Clint, In this market the buyer has the upper hand even when taking into consideration a brand new construction home. Therefore, as a First Time MD buyer you will still be entitle to the reduction of transfer tax and you can always stipulate that the rest of the taxes be split equally as they are with the majority of purchases in this market. If you need further assistance, please feel free to contact me. Good Luck, Matt Smoot Home Selling Assistance Platinum 443-504-8930 Mtsmoot@hsaplatinum.com www.hsaplatinum.comTue, 23 Jun 2009 13:06:54 -0700http://www.trulia.com/voices/profile/Real_Estate_Pro-Maryland-140180/http://www.trulia.com/voices/profile/Real_Estate_Pro-Maryland-140180/Hi Clint I am glad to read that you are preparing for your purchase. I would certainly recommend that you hire a realtor to represent you in the transaction and help you negotiate closing costs and other stipulations of the contract of sale. In most cases the builders will pay the real estate commission. I would be happy to help you should you need my assistance. Good luck.Tue, 23 Jun 2009 12:32:18 -0700