Khadine Fisher’s Blog
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Maryland’s Closing Costs for Sellers
Agent Commissions: Sellers bear the highest expense, with agent commissions typically costing 5 to 6% of the home's sale price. Title Fees: Sellers may be responsible for some title-related fees, adding to their closing costs.
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Mastering the Market With VA Loans: Essential Tips for Success
VA loans offer benefits like no down payment, no private mortgage insurance, and competitive interest rates. Eligibility requirements for VA loans vary and are specific to veterans and active-duty military personnel. VA loans can only be used for primary residences, subject to minimum property requirements.
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Happy Holidays
The middle of winter has long been a time of celebration around the world. Many peoples rejoiced during the winter solstice, when the worst of the winter was behind them, and they could look forward to longer days and extended hours of sunlight.Popular modern customs include gift-giving and the display of various holiday decorations.Here's wishing…
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USA Interest Rate Hike 2024 – What Can be the Increase in Interest Rate in 2024?
USA Interest Rate Hike 2024 – What Can be the Increase in Interest Rate in 2024? Continue to full article
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Your House’s Future Value: A 10-Year Forecast
Predicting the value of your property a decade from now involves various factors and market trends. Including: 1. Location 2. Market conditions 3. Property improvements 4. Neighborhood trends 5. Historical market performance
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Can I Qualify as a First-Time Homebuyer Again?
The main criteria for first-time homebuyer status include not owning a principal residence for 3-yr. Other Eligibility Criteria Single parents with past joint ownership Displaced homemakers Previous ownership of detached homes, non-compliant homes, or homes not permanently attached can also count.
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5 Affordable Places to Live in Maryland
Columbia: Columbia offers abundant government jobs with a median home value of $378K, > the state median, and property taxes of 0.93%. Baltimore: Baltimore is surprisingly affordable, boasting a median home value of $160K, half the state median, and an avg property tax rate of 0.87%.
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Maryland’s Housing Market: Price Surges, Record Drops
Record number of sellers dropping prices as interest rates weigh heavily on homebuyers. Cincinnati, Indianapolis, and Denver have the highest percentage of listings dropping prices. Baltimore sees 35.9% of active listings with price drops, ranking 26th among cities.
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Buy or Build a Home? Tips for a Smart Decision
Building a home can be more expensive due to: – Rising rates – Supply chain issues – Workforce shortages
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Maryland Issues Record $400 Million Mortgage Revenue Bond
ANNAPOLIS, MD — In a historic financial move, the Maryland Department of Housing and Community Development announced the issuance of the largest mortgage revenue bond in its history, valued at $400 million. The governor underlined the role of such financial initiatives in paving the way for more families to build generational wealth, consequently contributing to…