Looking to Buy a Home in Maryland? Common Closing Costs for Buyers

On November 15, 2011, in Maryland Real Estate, by Katia Georgiev

You’ll likely be responsible for a variety of fees and expenses that you and the seller will have to pay at the time of closing. Your lender must provide a good-faith estimate of all settlement costs. The title company or other entity conducting the closing will tell you the required amount for: Down payment Loan […]

Understanding Capital Gains in Maryland Real Estate

On October 31, 2011, in Maryland Real Estate, by Katia Georgiev

When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations. How to Calculate Gain In real estate, capital gains are […]

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