Blog Page 52

Home foreclosures in Bowie area rise with financial woes

The number of Bowie area homes entering some stage of the foreclosure process has increased along with the national trend.The situation is likely to...

Trappe estate sells for $7.9M

TRAPPE — Chloras Point Farm, an historic waterfront residence set on about 88 on Maryland’s Eastern Shore, was sold Tuesday at absolute auction for...

O’Malley: ‘Strong aversion’ to higher property tax

ANNAPOLIS —- There's a lot of tax talk these days in Annapolis, where state officials are looking for possible new taxes to close a...

State requires licenses for home inspectors

Despite 13 years inspecting homes and 35 years in home construction, Arthur Lazerow recently learned something new in the trade. Lazerow, owner and senior inspector...

City properties on auction block

CUMBERLAND - It's only the second Allegany County sheriff's sale to be held in the city, but already the auction block is seeing its...

Developer turns condos to apartments in Annapolis

Another local luxury condo conversion has failed, with the developer pulling out of the project two years after buying the Regatta Bay apartments in...

Home prices edge up in June, but sales down

Anne Arundel County home prices edged up slightly last month, after falling along with the number of homes sold during the first half of...

Builders need to license sales agents

Construction companies scramble to meet state deadline A new law requiring Maryland homebuilders to license their sales agents by the fall has many in the...

It’s Not Time For Real Estate, Just Yet

By Dr. Steve Sjuggerud "I've started thinking about real estate again," my wife told me last week. "All the news is negative on TV. Isn't...

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Federal, State and Local Housing Officials Celebrate Opening of Senior Rental...

Montgomery County Executive Isiah Leggett today took part in the ribbon cutting ceremony for The Bonifant at Silver Spring, a mixed-income 11-story apartment building with 149 units for seniors age 62 or older

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Baltimore Real Estate Agent Sentenced to Over Two Years in Prison...

U.S. District Judge James K. Bredar sentenced Michael Gerard Camphor, age 60, of Baltimore, to 27 months in prison, followed by three years of supervised release on charges arising from the fraudulent purchase of four properties in Baltimore, using fraudulent loan documentation and straw purchasers, resulting in losses of over $735,000. At the sentencing on February 28, 2016, Judge Bredar also ordered Camphor to pay restitution of $735,363.47 and to forfeit $962,274.95