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Real Estate Blog

Short Sale New Regulation

Tuesday, July 24, 2012

 

There is a new regulation for Short Sales that is now in effect for about a month.   The banks are now required to render a decision with 30-60 days after receiving all required documents.  If for any reason, the bank can not conform to this regulation, they are required to communicate on a weekly basis until a decision is given.  If you have any questions regarding this regulation, please don't hesitate to contact me.  

If you know of anyone who has fallen on hard times and is in fear of falling behind on their mortgage, please contact me immediately to review your options.

Real Estate Tax Bills

Tuesday, July 24, 2012

July 1st, Maryland Real Estate Taxes are sent out to homeowners.  Lots of questions begin to be asked.  Is my lender paying my taxes?  Did they get a bill?  Do I have to send my check in?  Do I pay a whole year or half a year?  The answers to these questions vary from person to person.  If you are finding yourself asking questions, please don't stress over it and contact me for the answers that apply to you.

 


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