Second Annual RPAC “Walk the Walk” - Sunday, October 4, 2015
Join fellow MAR REALTORS for our 2nd
Walk the Walk” on the Ocean City Boardwalk – just $25 to register.
CFPB Announces Extension of TRID Implementation
On June 18, the Consumer Financial Protection Bureau (CFPB) announced that it would delay the effective date of the "Know Before You Owe" rules until October 1, 2015.
Are Your Property Rights About to be Violated in Ocean City?
Currently, efforts are underway to encourage Planning and Zoning for the Town of Ocean City to consider making another attempt to restrict
Ocean City existing rentals – similar to last year’s effort which was fortunately defeated.
a violation of your property rights. Planning and Zoning needs to hear from you if you are an Ocean City individual homeowner/landlord; OC property investor and/or property manager with Ocean City clients!
Real Estate Report from 2015 General Assembly
The Maryland General Assembly adjourned sine die on April 13th. For a quick summary of some key real estate issues, click below.
FHA Slashing Mortgage Insurance Premiums by $900 a Year
According to Inman News, after raising them six times during the housing bust, the Obama administration is reversing course and rolling back mortgage insurance premiums charged by the Federal Housing Administration by
enough to save homeowners an average of $900 a year.
New Legislative Districts/Reps for the Upcoming Session
Do you know who your Maryland General Assembly legislators are for 2015?
Help us help you advocate about REALTOR issues for the upcoming General Session by being an informed REALTOR advocate.
Realtors® Applaud Final Passage of Legislation to Extend Key Real Estate Tax Provisions
National Association of Realtors® President Chris Polychron stated today (12/17/14), "The package of tax extensions approved by the U.S. House and Senate late last night, and headed to the President’s desk for signature, includes important provisions that will help distressed homeowners and commercial property investors with transactions made during 2014."
Lead Paint Law Changes Taking Effect in January
Are you a property manager or owner of pre-1978 residential rental units? Click below to read the Frequently Asked Question (FAQ) document regarding the new lead paint law changes taking effect January 1, 2015.
USDA Update Response to Rural Lending Delays
See updated, official response from USDA to 2014 MAR President Russ Boyce
per Senator Mikulski's outreach. In USDA's response letter, dated September 24th, Administrator Hernandez states, "To mitigate processing time delay in Maryland, additional staff is temporarily assigned to assist with this effort."
New Regulation for Recommended Service Providers Effective August 18th
- The new regulation regarding real estate licensee "service recommendations" is now final and will take effect August 18, 2014. If you choose to recommend service providers, the Real Estate Commission has indicated that it is reasonable for you to verify license status of contractors at least once a year.