Monthly Archives: August 2010

Charles Street Construction at 695 Ramp Closures

August 20th, 2010

On August 10, the Charles Street ramp to 695 West closed, and the roundabout entrance to that & I-83N reopened. Traffic before had been routed coming north into the right lane to enter the Beltway, and those traveling south have used alternate routes to access I-695W since that entrance closed in early April. According to [...]

FHA Refinance of Underwater Borrowers

August 19th, 2010

FHA is offering refinances for qualifying underwater borrowers, according to a mortgagee letter sent out by HUD last week. Mortgagee Letter 2010 -23 came as a result of the changes announced by HUD in March 2010 in the MHA (Making Housing Affordable) FHA program. The letter states that the focus of the program is: These [...]

Maryland State Fair in Timonium 2010

August 17th, 2010

The Maryland State Fair in Timonium begins August 27 and runs through September 6, 2010, bringing rides, games, and more to northern Baltimore County for 11 days! This year, in addition to the regular concerts, one really big one is Justin Bieber, which has caused a huge stir all around Baltimore and sold out right [...]

Hereford Golf Center

August 17th, 2010

The Hereford Golf Center in Parkton, MD provides an afternoon of fun for kids of all ages. The driving range provides a place to practice your swing with its' large number of tee boxes. You can get a large or small bucket of balls, sign up for lessons, or buy goods in their pro shop. [...]

New FHA Mortgage Changes H.R. 5981

August 16th, 2010

Beginning October 4, 2010, new FHA Mortgage changes will be coming through, due to bill H.R. 5981 signed into law August 11. Thank you to Dan Plunkett with Prosperity Mortgage, who clarified the changes in H.R. 5981: The new FHA Mortgage changes include a reduction in the upfront mortgage insurance premium (also known as Upfront [...]

Maryland Foreclosures Up in July 2010

August 15th, 2010

Maryland foreclosures were up in July 2010, an increase even over June, which was up 104%. There were 6,961 foreclosure filings in July, up from 6,304 in June. The first half of 2010, Maryland foreclosures were up 56.2% over this same time last year. Maryland increased 10.4% over June, while nationwide, foreclosure filings were up [...]

Realtormarney.com is Baltimore’s Best Real Estate Blog on Zillow

August 13th, 2010

Realtormarney.com was voted by readers as Baltimore's Best Real Estate Blog on Zillow! Though I have my issues with Zillow and the very incorrect Towson Zillow Zestimates, it is still an honor to be nominated for best Baltimore real estate blog, and even more so to have the voters choose my blog to win! The [...]

Silo Point Baltimore Condo

August 12th, 2010

Silo Point condominium in Baltimore is an amazing community located in Locust Point in Downtown Baltimore. The amenities are abundant and spectacular. You are greeted at the front desk by staff, ready, willing, and able to help. The full service gym on the lower level has everything you could need to work out. Across the [...]

Vacant Homes May Need Special Insurance

August 11th, 2010

Vacant homes may need special insurance instead of just regular homeowners insurance. Regular homeowners insurance is designed for homes occupied by their owners or tenants. Vacant homes generally pose a higher risk of damage, so they need to be insured differently. Some of the risks of vacant homes include (courtesy of RISMedia): -- Break-ins: When [...]

Fannie Mae Deed-For-Lease Option

August 10th, 2010

Fannie Mae has a Deed-for-Lease option available for those who cannot make their mortgage payments on their homes anymore. This is an option for people who want to stay in their homes but cannot afford to keep them. For many Baltimore homeowners, this may be a viable option. What happens in this case is that [...]

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