Am I able to sell my house before paying off the mortgage in Maryland

Can I Sell My House Before Paying Off the Mortgage?

Many homeowners believe they have to pay off their mortgage before they can sell their home. It’s a common misconception that the lender can prevent a sale until the loan is fully paid. In reality, selling a home with an existing mortgage is a routine part of the real estate process, and understanding how it … Continued
Is it possible to sell my house for less than market value In Maryland

Can I Sell My House Below Market Value?

Although selling a house for below-market value is 100% legal, many individuals have concerns about IRS reporting, taxes, property reassessment, and their legal obligations at closing. Many online resources/articles have missing, outdated, and oversimplified information, so many house sellers do not know the legal or financial repercussions of selling below market value. Knowing how sales … Continued
Sell Your Home With Flood Damage Maryland

Sell My Flooded House In Maryland Fast And As Is

Last Tuesday, I walked through a rowhouse in Dundalk where floodwater had remained for three days after a storm surge backed up the drains. The carpet had been removed, and the drywall had a brown waterline nearly two feet high. The homeowner asked, “Can I even sell this?” The answer was yes, and the home … Continued
Can an HOA Repossess Your House Maryland

Can An HOA Take Your House In Maryland

Nobody buys a home in Columbia’s Wilde Lake neighborhood or a townhouse in Rockville thinking the homeowners’ association will one day try to take it. But it happens. And when it does, most homeowners have no idea how close to the edge they actually are (sometimes just a few hundred dollars). Can an Hoa Take … Continued
Who Receives the House in a Divorce Maryland

Who Gets The House In A Divorce In Maryland: Understanding Property Division Laws

Divorce brings enough stress without wondering if you’ll lose your home. I’ve worked with hundreds of Maryland homeowners through their divorces, and I’ll tell you straight: who gets the house isn’t always obvious. Even if your name’s on the deed. Maryland’s property division laws follow what’s called “equitable distribution.” That doesn’t mean 50/50. It means … Continued
Selling a Home with a Reverse Mortgage Maryland

Guide For Selling Your Maryland Home With A Reverse Mortgage

Your grandmother’s house in Pikesville has been in the family for thirty years. The mortgage was paid off years ago. Now you’re 68, living on Social Security, and that reverse mortgage seemed like the perfect solution when you signed up three years back. But life changes. Maybe you need to move closer to your daughter … Continued