Baltimore HUD Homes

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Maryland is the highest income state
New Census numbers continue to rank Maryland No. 1 for median household income — $68,080 from July 2006 to July 2007. Income rose 1.6 percent from the year before, accounting for inflation.Sumathi Reddy’s story today notes that Howard, Calvert and Montgomery counties are among the 10 richest in the nation, with Howard at No. 3 [...]
08/28/2008 10:29 PM

Mortgage fraud on the rise
Mortgage fraud, which helped contribute to the housing boom, is still going strong, according to a report out this week. The Mortgage Asset Research Institute says reported fraud in the first three months of the year increased more than 40 percent from a year earlier. (These are mortgages taken out in the first quarter that [...]
08/28/2008 12:27 PM

Neighbors, Boats, Bayfront Summers And a Reverence For Tradition
Owings Beach is still cozy. There are still snug cottages, built in the 1920s for summer getaways to the bayside enclave in the Deale portion of southern Anne Arundel County. Narrow streets bearing local family names are still walkable because deep ditches and tight turns discourage traffic. Even… Neighbors, Boats, Bayfront Summers And a Reverence For [...]
08/27/2008 02:54 AM

Mortgage Shopping, Incognito
LOS ANGELES — Even though mortgage lenders have raised the bar on what it takes to qualify for a home loan, shopping for a loan online has gotten easier, if not necessarily less confusing. Where mortgage-scouting Web sites traditionally required users to enter personal information to generate rate estimates, the newest sites offer a way to [...]
08/27/2008 02:50 AM

Appraisal Problems Worsened Meltdown
CHARLOTTE, N.C. — As soaring home prices set the stage for America’s great housing meltdown, a critical step in making sure those home sales were a fair deal  the real estate appraisal was undermined from within. After the nation’s last major banking disaster, Congress set up a system to catch rogue appraisers. Their game: inflating home values [...]
08/27/2008 02:46 AM

A Worthy Read to Get Serious About Estate Planning
W e spend most of our waking hours either working to earn money or thinking about what we’ll do with it: spend it, save it or invest it, lawyer John Ventura observes in his book “Kiplinger’s Estate Planning: The Complete Guide to Wills, Trusts, and Maximizing Your Legacy” (Kaplan, $21.95). And then there are those folks [...]
08/27/2008 02:42 AM

Professional Tests Can Uncover Exposure to Lead
Lead paint poses a real threat to your family’s health, especially if you have children. Older homes are particularly at risk for lead exposure. If you live in a house more than 30 years old and haven’t yet tested for lead, it’s not too hard or costly to do and it may be well worth [...]
08/27/2008 02:38 AM