Towson Condo Owner

Towson #8 in CNNMoney Top Affluent Cities for Singles 2012

August 28th, 2012

Towson was ranked the eighth best city for "rich and single" individuals in CNNMoney's "Best Places to Live." In 2010, Towson was #14, so the city is moving up! These rankings have much to do with the fun events Towson has to offer, like the Feet on the Street Friday Night block parties, Winterfest, Towsontowne [...]

FHA Condo Recertification Due December 7, 2010

November 16th, 2010

With the many changes in the mortgage industry, it is hard to keep up with what deadlines are coming up next. On December 7, 2010, the FHA condo recertification process must be completed by each individual condominium complex in order to be eligible for homebuyers to receive FHA financing in their building. There is an [...]

Timonium Condo FHA Approval

August 9th, 2010

At the end of 2009, HUD changed its' condo approval process for FHA condo financing. No longer can a community be given a "spot" approval when a unit goes under contract if a buyer desires to use FHA financing. Condominium developments must be approved in advance of an FHA sale and the approval is only [...]

Towson is CNNMoney’s #14 Top Affluent Singles City

July 26th, 2010

Towson was named's #14 Top Affluent Singles City! named the top 25 cities for highest income per single households, and Towson, MD was #14 in their list. This is due to the median family income of $102,302, and the 35.4% rate of singles versus married households. Many Towson professors at the nearby Towson [...]

Towson Condo Owners Need to Be Aware of New Law

June 22nd, 2009

Beginning June 1, 2009, Maryland Law HB287, approved by the Governor May 19, went into effect. The bill discusses Real Property Condominiums -- Damage and Destruction. Here is a copy of the bill . What this means for the Towson condo owner is that before this bill, condominium associations, for the most part, were responsible for [...]

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