Property, Rentals, Transactions

Property, Rentals, Transactions

Homebuyer assistance funds again available through Howard County’s Settlement Downpayment Loan Program

Howard County's Department of Housing and Community Development announced today that for the second time this year funds are available through the Department’s Settlement Downpayment Loan Program (SDLP). The program assists preapproved homebuyers looking to purchase a home in Howard County with settlement costs and downpayments through deferred second mortgage loans. Housing has committed another $400,000 toward these loans, having previously committed the same amount in January

Real Property Transfer Tax to Take Effect Aug. 8

The Board of the County Commissioners of Charles County enacted a county transfer tax in effect Saturday, Aug. 8. Below are the provisions of this tax

Household Hazardous Waste Collection July 11

The Charles County Department of Public Works would like to remind citizens that the next household hazardous waste collection for this year will be held on Saturday, July 11.  The household hazardous waste collection site is located in the parking lot of the Department of Public Works building, located at 10430 Audie Lane, off of Radio Station Road in La Plata.   Collection hours are 9 a.m. – 3 p.m.

SDAT Warns Homeowners of Misleading Property Assessment Letter

The State of Maryland Department of Assessments and Taxation’s acting Director, Owen Charles, is warning property owners in Maryland to be on the alert for an official looking mailer from a private company with a misleading promise of a reduction in their property tax.

SECOND QUARTER STARTS WITH A ROBUST NUMBERS

Existing homes sales in Maryland surged more than 20 percent in April, compared to April 2014, according to the Maryland Association of REALTORS® (MAR). Pending units, homes under contract, also rose significantly, by almost 20 percent, indicating a continued strong market as summer approaches. Active inventory rose slightly, while months of inventory—the supply of homes available for sale, dropped again, to 4.8 months. Six months of inventory is considered ideal.

McCormick Selects Hunt Valley Site as Preferred Location for New Headquarters

McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced the selection of 99 Shawan Road in Hunt Valley, Md. as the preferred location for a new company headquarters. The company will be working with development partner Greenfield Partners LLC and the property owner towards finalizing an agreement which is expected within the next several months. This move is an effort to consolidate more than 900 employees currently located across several buildings in Hunt Valley and Sparks into one location

HOYER ATTENDS FIFTH DISTRICT CHRISTMAS IN APRIL EVENTS

Congressman Steny H. Hoyer (MD-5)attended Christmas in April Events today in Charles, Prince George’s and St. Mary’s counties, where community volunteers rehabilitated the homes of low-income, elderly, and disabled homeowners to improve their living conditions. Prince George’s and St. Mary’s counties both have local Christmas in April volunteer organizations that work in partnership with the communities.

County Launches Tree Montgomery Program; Trees to be Planted at Homes, Businesses to Improve...

The inaugural tree planting for the County’s newest environmental program, Tree Montgomery, took place today with the help of County Executive Ike Leggett, Councilmember Hans Riemer, County Department of Environmental Protection (DEP) Director Lisa Feldt, and community and business representatives.

Deadline to File Homestead Tax Credit Application Quickly Approaching

If you own a home in Maryland, you may already know that the property value where your home is located is reassessed once every three years. But did you also know there is a program which may help make large assessment increases more manageable?

Court Avenue Construction to Begin in Ellicott City

A Howard County emergency construction project to stabilize an existing wall on Court Avenue has begun. A portion of the sidewalk on Court Avenue leading to Main Street will be closed off for the project. Weather permitting, the work to stabilize the wall is expected to be completed by late March.

The Hampshire Companies and MCB Real Estate Sell Fully Leased Church Square Shopping Center...

The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at over $2.5 billion, in a joint venture with MCB Real Estate, have announced the sale of a 43,884-square-foot, fully leased shopping center located at 901 North Caroline Street in Baltimore, Md. The retail center is anchored by a 19,386-square-foot Save-A-Lot food store. The property was sold to Kodiak Properties, LLC. and Burley Church, LL

Maryland Launches Online Business Personal Property Return Service

The Maryland State Department of Assessments and Taxation (SDAT) recently announced the ability for businesses and tax preparers in Maryland to submit annual business personal property returns online. The Business Personal Property Return Filing Service is the latest addition to Maryland’s Central Business Licensing and Registration Portal (CBL Portal) which was created to make it easier to conduct business in Maryland.

Shark Tank included Barbara Corcoran commercial endorsing Maryland Realtor Jay Day

ABC’s Shark Tank on Friday, October 3, 2014, saw Maryland native Jay Day of Keller Williams Excellence, side-by-side with real estate magnate Barbara Corcoran.

Leggett Encourages Low-Income and Senior Homeowners to Apply for Property Tax Credit

WASHINGTON, D.C. - April 3, 2014 - (RealEstateRama) --Montgomery County homeowners who have a limited income or are at least 70 years of age may be eligible for property tax credits that will limit the amount of taxes they must pay. One application will determine eligibility for three programs – the Maryland Homeowners’ Property Tax Credit Program; the Montgomery County Supplemental Property Tax Credit; and the Montgomery County Senior Property Tax Credit. The application deadline is September 1, 2014.

Renters and Homeowners Invited to Montgomery County’s 14th Annual Housing Fair and Financial Fitness...

WASHINGTON, D.C. - March 31, 2014 - (RealEstateRama) -- The Montgomery County Department of Housing and Community Affairs (DHCA) invites all County residents to attend the 14th Annual Montgomery County Housing Fair and Financial Fitness Day to be held on Saturday, May 3, from 10 a.m. to 3 p.m. at the Bohrer Park Activity Center, Summit Hall Farm, 506 S. Frederick Ave., Gaithersburg

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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