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September 2017

The Maryland Mortgage Program (MMP) Can Help You Purchase a Home - EASY!!

The State of Maryland is partnered with over 80 lenders and has a loan program called the Maryland Mortgage Program (MMP) which offers first-time homebuyers up to $5000 in down payment or closing cost assistance.  It's an interest-free deferred loan.  To qualify in Prince George's County, your household income has to be less than $132, 360 for 1-2 people or less than $154,420 for 3-4 people.  You can purchase a home up to $585K in a non-targeted area and up to $715K for targeted areas.  

The MMP can help you get the loan to purchase a home with additional financial assistance in the form of grants and tax credits that are available to Maryland residents.  There are additional eligibility requirements such as taking an education course on buying a home etc. 

For further details on the Maryland Mortgage Program go to the MMP Website  or contact me at 240-535-1855.

 

Angelo Rhodes, Realtor Taylor Properties 240-535-1855 email: angelo@realestateuppermarlboro.com

Washington Post Article on Homeowner's Associations (HOA) Lack of Transparency

Here's a good article on Homeowner's Associations (HOA's).   A potential homebuyer may lose the deal because the HOA might increase the annual dues from $1000 yr. to $3500 yr. 

HOA’s lack of transparency raises red flags for home buyer

 

 

Angelo Rhodes, Realtor Taylor Properties 240-535-1855 email: angelo@realestateuppermarlboro.com

Air Show Joint Base Andrews Sep 16-17, 2017 / Open to the Public

This is a spectacular event which is open to the public.  Featuring the U.S. Air Force Thunderbirds and the U.S. Army Golden Knights.  The 2017 Joint Base Andrews Air Show 

JBA Air Show

Angelo Rhodes, Realtor Taylor Properties 240-535-1855 email: angelo@realestateuppermarlboro.com

Need Rental Housing Near Joint Base Andrews?

If you are a member of the military in need of a short term rental house near Joint Base Andrews; call me at 240-535-1855.  I can assist you in finding short term rental properties.  Angelo Rhodes, Realtor

Angelo Rhodes, Realtor Taylor Properties 240-535-1855 email: angelo@realestateuppermarlboro.com

Condo or Condominium - A Term Frequently Misunderstood

Condominium or "Condo" is sometimes thought of as a physical structure resembling an apartment of sort.  That's somewhat true, but actually, a "Condo" is a system of ownership of individual "units" in a multi-unit structure (in Real Estate terms).  This form of home ownership is really a joint ownership of commonly used elements such as sidewalks, hallways, stairs, and parking lots.   

Angelo Rhodes, Realtor Taylor Properties 240-535-1855 email: angelo@realestateuppermarlboro.com