Monthly Archives: September 2010

Ally Financial Foreclosure Issues

September 30th, 2010

After a number of lawsuits have been filed, Ally Financial (formerly GMAC), one of the US's largest banks, is halting foreclosures in 23 states. Maryland is NOT one of the states. JP Morgan Chase has also been wracked with issues,with an employee coming forward, stating that she signed off on thousands of foreclosures without verifying [...]

Ten Reasons to Buy a Home

September 29th, 2010

The Wall Street Journal, tired of the doom & gloom, wrote an article on the ten reasons you SHOULD buy a home in this economy. Their ten reasons are good ones and have a lot of detail as to why they are true. Here are Brett Arends' WSJ headlines, and my takes on each. 1) [...]

Will FHA Be Flexible with Seller Closing Cost Assistance?

September 28th, 2010

Will FHA be flexible with seller closing cost assistance? That is possible, according to a report from National Mortgage News late last week. FHA guidelines have changed, and more changes are on their way. Beginning Monday, October 4, the new FHA changes take effect, including lower upfront mortgage insurance premium and higher monthly insurance premiums. [...]

Baltimore Party in the Park 2010

September 27th, 2010

Baltimore Party in the Park 2010 is this Sunday, October 2 from 10:30 am - 5 pm at the Padonia Park Club on Jenifer Road in Cockeysville. The Baltimore Party in the Park is an event in support of the Nikki Perlow foundation, which was formed to honor Nikki's memory and "provide financial, logistical and [...]

Maryland New Power of Attorney Law October 1, 2010

September 23rd, 2010

Beginning October 1, 2010, a new Power of Attorney law will go into effect to protect those who live in the State of Maryland. You can get more info here on the officials who helped design and implement the new law. T Jeremy Loomis, of Wells Fargo, shared this information with me, and that the [...]

Ruxton-Riderwood-Lake Roland Improvement Association 2010 Annual Meeting

September 22nd, 2010

The Ruxton-Riderwood-Lake Roland Improvement Association has its' annual meeting and election of the Board of Directors on Thursday, September 23, 2010 at 7 pm at the new West Towson Elementary School. Tours of the new West Towson Elementary School will be given to members prior to the meeting at 6:30 pm. Also, principal Susan Hershfeld [...]

Baltimore Ground Rent Registration

September 21st, 2010

A bill signed into law by Governor Martin O'Malley on May 8, 2007, stated that all Ground Rents in the state of Maryland needed to be registered by September 30, 2010 or the ground rents would be at risk to be nullified. On June 18, I wrote about a class action lawsuit that was certified, [...]

Clancy at Oriole Park in Baltimore

September 20th, 2010

For years I remember hearing the Famous-in-Baltimore yell, "If you want it fancy, get it from Clancy!" You always knew to look for Clancy, the Budweiser vendor opening a can of beer in a fun way, pouring it over his back into the plastic cup for the enjoyment of its' buyer. In the [...]

McCormick Jobs May Be Good for Hunt Valley House Values

September 16th, 2010

McCormick & Co., Inc. has 21 job openings on available through their website, and approximately another 50, spread between Hunt Valley and their Belcamp branch, according to their head of employment center. About 30 of the jobs are in technician and production, reports a Baltimore Business Journal article, but there are a number of human [...]

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