Entries from March 2010
Update – see 2011 Howard County Tax Sale Howard County has announced the date of the 2010 tax sale. The date will be May 24th 2010. Howard County traditionally has run their tax sale as a live auction and it appears that this year will be no different. A tax auction is for a tax [...]
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Tags: real estate · Tax Liens
Join me and my friends from REACH to play the Cashflow game at Bare Bones Grill and Brewery in Ellicott City, MD April 8, 2010. It is a great opportunity to network with like minded individuals who are interested in Real Estate and building their net worth. RSVP for the CashFlow Game here. The Cash [...]
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Tags: Beginner
Baltimore is a city of neighborhoods. Many of these neighborhoods have colorful names that hint at the history of the neighborhood, Greektown, Butchers Hill, Brewers Hill etc. But do you really know the true borders of those neighborhoods? There are official names for every part of the city. Often investors say a property is in [...]
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Tags: Advanced tips · Beginner · real estate
Here is a video from WBAL channel 11 news. The city to sell properties behind on taxes. ( It’s only about 3 min long, including the commercial) I was expecting it to be another piece bashing investors and tax lien buyers. It was actually more about the size of the tax sale list in yesterdays [...]
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Tags: Tax Liens
Today’s Baltimore Sun had the tax sale list of properties that are delinquent on property taxes and municipal bills. There are approximately 28,000 (!) on the list. This is the largest I have seen and an indication of the effect that the economy is having. Are you on the list? You better pay up by [...]
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Tags: real estate
March 16th, 2010 · 1 Comment
Maryland’s Groundbreaking Lead Law Marylanders can be proud that we introduced a ground breaking lead paint law in the 1990′s. This was politics at it’s best creating a law that was a win – win for both tenants and landlords. If landlords registered their properties and took steps to prevent lead paint hazards they would [...]
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Tags: Law and Regulations · real estate
I recently wrote about the SAFE Mortgage Licensing Act. Here is some of the actual wording from the proposed regulations regarding the SAFE Act. As noted earlier, the SAFE Act encourages CSBS and AARMR to establish and maintain the NMLSR, and these organizations have development of the NMLSR under way. In addition to developing [...]
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Tags: Humor · Law and Regulations
HUD has proposed new mortgage licensing regulations that would affect how investors do owner financing. Unless you are selling your own personal residence you would have to be a licensed mortgage loan originator in order to offer owner financing. I felt this is an unreasonable and unnecessary requirement and submitted a comment saying so (See [...]
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Tags: Law and Regulations · real estate