Baltimore is known for its diverse neighborhoods and its wide variety of Maryland real estate. Baltimore has many unique features you won’t find anywhere else and is great place for growing families. Entrepreneurs have also found Maryland real estate is a great investment!
The Heart of the City
The Inner Harbor is the heart of Baltimore, with restaurants, attractions and professionals sports centered there. Just a short drive from most Maryland real estate locations, the Harbor is home to the National Aquarium, one of the world’s largest. Residents can discover the city’s rich maritime history at Baltimore Maritime Museum, which has many ships on display. The Camden Yards Sports Complex, home to baseball’s Baltimore Orioles and football’s Baltimore Ravens. The Inner Harbor also has some of the best seafood restaurants on the East Coast located near Maryland real estate.
A growing economy
Baltimore is home to Johns Hopkins Hospital, one of the premiere medical facilities in the United States. Maryland real estate owners find plenty of places to work in the city. Deutsche Bank Alex. Brown, the oldest investment bank in the country, and several Fortune 1000 companies are located in the city. For those who have to work outside of the city, Annapolis and Washington, D.C. are just a short drive away.
Baltimore schools
The Baltimore City Public School System is home to the second oldest African American High School, the Frederick Douglass High School. The school system has shown much improvement under the leadership of Dr. Andres Alonso. The city also has several private schools located near Maryland real estate. For those wanting to continue their education close to home, the Johns Hopkins University, Loyola and the University of Baltimore are located in Baltimore, along with several other schools.
Neighborhoods
Baltimore has more than 250 neighborhoods, giving residents a variety of Maryland real estate to choose from when looking for a new home. For those who want to be close to the Inner Harbor, the brick rows of homes in Federal Hill will put you within walking distance. Federal Hill is one of the city’s most historic districts. Also located in southern Baltimore is Union Square, which includes the home of famous journalist H. L. Mencken.
Located in northern Baltimore near Johns Hopkins University, Charles Village is known as a home to a variety of residents, including students, artists and families. Also in northern Baltimore is Abell, which is one of the city’s oldest neighborhoods featuring mainly row houses. Also located in northern Baltimore, which is where the city’s current mayor, Stephanie Rawlings-Blake lived as a child. This Maryland real estate is home to many of the city and state’s leaders.
The Baltimore Advantage
Owners of Maryland real estate know the advantages of living in Baltimore. The city is less than a mile away from the nation’s capitol and les than three hours by train on Amtrak. There are plenty of things to do and see in Baltimore. The city is independent and not part of a county so residents only have to deal with one government. Baltimore Maryland real estate is great investment for families, couples and entrepreneurs.
My wife and I always have the family over for dinner on Sunday nights at our home in Laurel Maryland.
Today, we were looking for some Flank Steak for wraps we were going to serve for dinner. Well if you need meat for any meal, there is only one place to go.
The Laurel Meat Market in Laurel Maryland.
The Laurel Meat Market is located on Main St in Prince Georges County part of Laurel Md. You can’t miss it. Its the only store on Main Street with a big cow in the front of it. The cow is practically a Laurel Md landmark.
As you can see from the video up above, The Meat Market is full of delicious meats in all shapes and sizes. You can even buy a whole cow if you like!
This video shows some of the variety meat at the Laurel Meat Market:
For more information about the Laurel Meat Market or any other feature of Laurel
Laurel’s neighborhoods — spanning Howard, Prince Georges and Anne Arundel counties — offers a varied mix of Maryland real estatefor any type of buyer, whether you want an upscale estate near the finest schools or a charming and affordable starter home. The average home in this neck of the Maryland real estate woods ranges from as low as $50,000 to as high as $900,000. Here you can find condos, single family residences or townhomes – all within 30 minutes of the nation’s capital.
Anne Arundel County is close to Fort Meade. Properties here range from $90,000 to $500,000. There aren’t many foreclosures or short sales here, but the average sales price has dropped $30,000 over the last year. This section of Maryland real estate isn’t moving quite as fast as it was last year, when the government loans were injecting added life into the market. This year, 11 properties sold with an average of 86 days on the market – compared to last year’s 18 properties and 80 days on the market.
Howard is the closest county to the NSA. Homes in this party of Maryland real estate range from $69,000 to $897,000. There are slightly more foreclosures here, but the average sales price went up $30,000, which is encouraging. Fewer properties sold this year (18 compared to 30), but the homes sat on the market for 14 days less this year.
Prince George’s County, which encompasses most of Laurel, has a good number of foreclosure and even more short sales. The average sales price was $247,000, but properties range from $49,000 to $540,000. The Prince George’s County Maryland real estatemarket is a little sluggish compared to last year, but the number of quality homes gives us real estate agents hope.
“I was pretty clueless about it,” 35-year-old Jose Remedios said of his first home-buying experience in the Maryland real estatemarket. “I was at the level of, ‘Tell me how much I owe and I’ll pay you that.’” He and his wife had been living in a cramped Silver Springs apartment, but with a third baby on the way, they knew they needed more space. The Remedios family was disappointed to learn that lenders offering mortgages on Maryland real estate required a 20 percent down payment.
The Federal Housing Administration’s program allows buyers the ability to get a piece of Maryland real estate with as little as 3.5 percent down. The buyer can then secure a mortgage easier. If the buyer’s home is later foreclosed upon, the government will cover the lost down-payment money.
To be eligible for the FHA’s Maryland real estate program, buyers must put down 3.5 percent (it’s non-negotiable) and take out mortgage insurance (valued at 2.25 percent of the loan). If they’re looking at condos, the condos must be FHA-certified. If they’re looking at homes, they cannot look at “as is” Maryland real estate.
When subprime mortgages were the hot trend, only 3 percent of buyers wanted anything to do with the FHA program, but now 30 to 40 percent of Maryland real estate buyers are interested, says Steve Stamets of Union Mortgage Group in Rockville.
In my practice, I’ve helped many prospective Maryland real estatebuyers get FHA loans. You may also be eligible for a state grant that will help you cover more of the down-payment. Never discount the possibility of becoming a homeowner! There are always ways to save yourself from throwing money away at rent each month.
If you plan on selling your Maryland real estate fairly soon or in the future, then you’ll probably want to know which home renovation projects are worthwhile for increasing your asking price. In the past, Maryland real estate agents told sellers that buyers were looking for new bathrooms and updated kitchens. However, these renovations were extremely expensive and difficult to gauge. After all, everyone has distinctive tastes, right?
According to local Maryland real estatecontractor C. Clary Contracting, the best value for your dollar can be found in these four renovations:
1. Front Door – Maryland real estate owners will see a 135.5 % return on their $1,098 investment.
2. Garage Door – Maryland real estate owners will see a 91.6% return on their $1,178 investment.
3. Siding – Maryland real estate owners will see an 85.4% return on their $13,106 investment.
4. Windows – Maryland real estate owners will see a 77% return on their investment.
Some Maryland real estate projects you might want to skip include adding a sunroom (where you can only hope to recoup 50.2% of the $70,999 you put in) and remodeling your home office (which only brings in 48.2% of the $27,223 cost).
Siding, windows and doors present a fresh exterior and a great first impression for Maryland real estate being sold.
Maryland real estate owners are eligible for energy efficiency upgrades from the Maryland Clean Energy Center, which launched a new program this year. Thanks to economic stimulus funding, the Center has the money to work toward its goal of reducing carbon emissions 20 percent by 2025.
If you own Maryland real estate, you can have an energy assessment drawn up by a certified home energy auditor and then apply for up to $20,000 toward each of your home energy improvements with low interest rates of 6.99 percent. Most of the Maryland real estate upgrades will include improved insulation, plugged air leaks, sealed ducts, new heat pumps, new air conditioners or replaced furnaces, according to the Maryland Energy Administration. Click here to find a contractor!
“This month’s cold spell is a potent reminder of steps to save money by making our primary residences more energy efficient,” said Maryland Clean Energy Center Executive Director Kathy Magruder. These loans will cost Maryland real estateowners initially, but will put money back in their pockets (thanks to utility savings) each season, she adds.
Maryland real estate owners are also eligible for the Maryland Energy Administration’s Home Performance Rebate Program, which gives homeowners:
- $100 toward an energy audit
- 35% (or $1,500 maximum) toward whole-house air sealing
Trulia lists 234 foreclosures in Laurel Maryland real estate. To buyers, this can be a positive thing. That means there are 234 homes in the Maryland real estate market that are being sold for bargain bin prices. Buyers can expect to get more home for their money and a low interest mortgage loan to boot. You’ll hear Maryland real estateanalysts say it time and time again: “It’s a buyer’s market!” You can dream big and live large. I’ve moved many happy buyers into their own piece of dream Maryland real estate that was made affordable to them due to a previous foreclosure.
Unfortunately, foreclosures also spell short-term disaster for current Maryland real estate owners. No one wants to live in a neighborhood full of abandoned properties and rapidly depreciating home values. The General Assembly has been pushing for legislation that would require banks to pay a $75 annual registration fee for each foreclosure property, which would then be placed into a maintenance fund to care for all the area’s neglected homes. In places like Prince George’s County, where there is 1 Maryland real estate foreclosure for every 457 households (the highest rate in the state), the community cannot afford to sit and wait for banks and REO brokers to keep lawns looking presentable. The new changes to the Maryland real estate community take homeowners into consideration, which is a promising sign for buyers too.
Are you looking for Maryland foreclosures? Do you need to access free foreclosure listings in Maryland? You’ve come to the right place. The market is wide open for buyers seeking to learn more about Maryland home sales in an effort to purchase primary or investment real estate in Maryland.
What’s Really Going On with Maryland Foreclosures?
According to a recent article in The Washington Post, foreclosure filings in Maryland dropped 70 percent in January of 2011, compared to the same time just a year prior. Though this was the steepest drop in the U.S. (the nationwide average was 17 percent lower than in January 2010), this seemingly positive data can be misleading. The nosedive in filings can be attributed in great part to foreclosure proceedings halted as a result of robo-signing investigations. Further, new Maryland foreclosures’ legislation stopped a great number of defaults to promote mediation between homeowners and lenders.
Foreclosures abound in the Old Line State, with hardly an end in sight — and free foreclosure listings in Maryland are plentiful. Even with the drop in filings, the state still had over 1,300 foreclosures in February 2011 alone. The market is so littered with Maryland foreclosures that a General Assembly bill is currently being considered that would impose an annual registration fee on owners of abandoned homes (mostly lenders). If passed, the $75 fee will be placed in a fund for maintenance of the empty homes. This new fee would be separate and apart from county fines that are regularly imposed on owners for property code violations.
If you are a buyer seeking to find free foreclosure listings in Maryland, rest assured, banks and mortgage companies are eager to negotiate and shed REO inventory from their books. You’ve chosen an excellent time to invest in Maryland real estate.
Locating Free Foreclosure Listings in Maryland with an Industry Expert
As you begin your home search, you will need a seasoned real estate professional by your side. I am Brien Berard, a Realtor® with RE/MAX Professionals, the world’s number one selling RE/MAX company. Armed with almost seventeen years of experience in successful Maryland real property transactions, I’d like to be your Maryland foreclosures’ concierge.
Whether you are a novice seeking to learn how to buy foreclosures, or a seasoned investor researching free foreclosure listings in Maryland, I am here to assist you, every step of the way. As you have questions and prepare to view homes, contact me directly. I look forward to answering all your Maryland real estate questions and to being your real estate advocate and personal guide to locating free foreclosure listings in Maryland.
Recently, I got my teeth cleaned for free. As a matter of fact, numerous residents of Laurel Md had their teeth cleaned for free. Some even even received free emergency dental care. This free dental service was provided by local Dentists Miles and Melnick as a service to the local Laurel community.
Dr.s Miles and Melnick are the principles at Laurel Lakes Cosmetic Dentistry. Their office is located at 13916 Baltimore Ave, in Laurel, Md. They have been in Laurel Md for over 21 years.
This is the first year the Dentist have offered to treat people for free. This free community service was inspired by Dental Health Month and was a great way to give back to the community.
The Dentist are providing the service again on the 26th of February in the morning hours. They are also giving away a free laptop to a student.
For more information about the dental work and the the laptop, give them a call at 301-498-6511
