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PLUS- The Developer is giving $5K towards your Closing Costs and the State of MD will Match another $5K!! That's $10K in Closing Help. PLUS- Live Near Your Work Program will give $6K towards your closing costs for a total of $16,000 to close. PLUS- If you close before April 15 of this year, you can claim the $8,000 on this year's taxes and get it back - In THIS YEAR'S TAX RETURNS!!! If you or or client is hesitant to purchase on Orleans St, Check this out- The whole block is being renovated. This block will serve as a forefront for all the other development projects happening in the "Hopkins Area". There are HUGE Renovation projects happening in this area of East Baltimore because of the Hopkins Biotech Project with the neighborhood experiencing a "Renaissance". Patterson Park has been a long-time, well-established community with lots to offer its residents including the famous "Pagoda", Music concerts in the park in the Summer, Swimming Pool, Basketball & Tennis Courts. Canton is on the other side of the Park with great restaurants, Harbor views, Great night-life. Check out the Virtual Tour: http://marketing.remaxdesigncenter.com/90/49090/790282/790282.ipv Come to the OPEN HOUSE this Saturday at HOPKINS RUN AT PATTERSON PARK and see what all the buzz is about. Call me with questions, 301-704-8129 |
The number of residences proposed to be built on the last large parcel of developable land in Owings Mills has decreased by more than 100 now that Baltimore County has requested an elementary school site on the property.
Plans for Plinlimmon Farms had included 330 townhouses, 430 condominiums and a retail and office complex on 104 acres along Lyons Mill Road near Lyonswood Drive in New Town. The same parcel had been zoned for 430 detached homes.
The County Council approved the project as a planned-unit development about 18 months ago, eliminating some zoning requirements. The townhouse project was set to go to the county Planning Board until officials determined that the additional residential units would require a new elementary school to ease already crowded classrooms in the surrounding schools.
Developer Steve Weinstein is amenable to the changes, said Robert Hoffman, Weinstein's attorney.
The number of townhouses and condos will likely be about 620 rather than the planned 760,
The townhouses will be 20 feet wide, many with garages and all with upgraded exteriors, alternating with brick, stone and sidingl.
In addition to the school, the development will include a recreation site, road connections and a pool and community center in a historic farmhouse on the property.
5 Things to do Before Putting Your Home on the Market
1. Have a pre-sale home inspection. Be proactive by arranging for a pre-sale home inspection. An inspector will be able to give you a good indication of the trouble areas that will stand out to potential buyers, and you'll be able to make repairs before open houses begin.
2. Organize and clean. Pare down clutter and pack up your least-used items, such as large blenders and other kitchen tools, out-of-season clothes, toys, and exercise equipment. Store items off-site or in boxes neatly arranged in the garage or basement. Clean the windows, carpets, walls, lighting fixtures, and baseboards to make the house shine.
3. Get replacement estimates. Do you have big-ticket items that are worn our or will need to be replaced soon, such your roof or carpeting? Get estimates on how much it would cost to replace them, even if you don't plan to do it yourself. The figures will help buyers determine if they can afford the home, and will be handy when negotiations begin.
4. Find your warranties. Gather up the warranties, guarantees, and user manuals for the furnace, washer and dryer, dishwasher, and any other items that will remain with the house.
5. Spruce up the curb appeal. Pretend you're a buyer and stand outside of your home. As you approach the front door, what is your impression of the property? Do the lawn and bushes look neatly manicured? Is the address clearly visible? Are pretty flowers or plants framing the entrance? Is the walkway free from cracks and impediments?
The number of Maryland borrowers who face foreclosure or have missed mortgage payments topped 100,000 for the first time at the end of last year -- a record 11.1 percent of loans in the state.
Rising joblessness is adding to the housing crisis that has sent foreclosures and delinquencies to record levels. Problems for borrowers with subprime loans are now spreading into more conventional loans. Nationally, 12 percent of borrowers were behind on their mortgage payments at the end of December.
In Maryland, the share of borrowers who missed payments rose to a high of 8.5 percent during the fourth quarter, the bankers group reported in its delinquency survey, which it has been conducting for 30 years.
Approximately 91,160 home loans, out of just over 1 million mortgages in the state, were delinquent by at least one month but were not in the process of foreclosure.
The number of loans in the foreclosure process spiked 115 percent in the state, compared with the fourth quarter of 2007. Those loans -- more than 28,000 -- represented more than 2.6 percent of loans in the state and set a record for percentage of loans in danger of foreclosure.
Information gathered from local Newspapers and Mortgage Banker's Association
BALTIMORE COUNTY
Neighborhood
Stabilization Program
$50,000 TOWARDS THE
PURCHASE OF YOUR NEW HOME
(Foreclosed Properties Only)
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•· 30 Year Fixed Rate
•· $35,000 for Down Payment
•· $15,000 for Closing Cost
•· Income Limits up to $123,850
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•· 31% / 43% Debt Ratios
•· Vacant Foreclosed Properties Targeted Zip Codes
•· Borrower's Minimum Cash Required/Gift Funds Allowed
•· Housing Counseling Required |
Certain conditions and/or restrictions may apply. All loans are subject to final Underwriter approval.
First Home Mortgage Corporation is a full service mortgage lender and Maryland's largest privately held Mortgage Banker serving MD, VA, DC, DE, PA, WV, NC and FL.
Certified Residential Specialist & Distressed Property Expert specializing in Short Sales, Foreclosures, Residential & Investment Purchases. Baltimore Metro Area. BRAC. www.TheMACTeam1.com
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