Naptown Blog - Annapolis/Anne Arundel Real Estate

I feel compelled to write a few comments on the article on short sales "Treasury hopes new rules send short sales to the rescue of underwater mortgages"  which appeared in the Washington Post on Saturday (see link below) for the benefit of Maryland home owners considering a short sale.  http://ww...

A comparison of the New Incentives offered by Fannie and Freddie for Short Sales, Deeds-in-lieu and Workouts.  Home owners seeking workouts, short sales or deed-in-lieu of foreclosure should see my Blog, Foreclosure Docket for analysis and commentary.                                              ...

YES THERE MOST CERTAINLY IS! AND IT'S HUGE!  Effective June 25th, 2008.  Fannie Mae, in their Announcement 08-16, ( https://www.efanniemae.com/sf/guides/ssg/annltrs/pdf/2008/0816.pdf )  has clearly indicated their preference for homeowners to do Short Sales rather than giving a Deed-in-lieu of Fo...

After a long hiatus, I am cranking up my writing efforts on Active Rain again.  Most of my comments will focus on issues related to foreclosure, shortsales, market conditions and finance having become heavily involved in short sales and loan workout's for clients in the Annapolis, Anne Arundel Co...

I am going to answer the question I posed in the title above, but that comes toward the bottom of the article.  If you can't wait, jump on down, but please come back to read the rest.  There was even more discussion than usual in the office today about what’s happening in the housing market with...

Click Here to see a REALLY COOL eye catching, flashing icon which will take you to our REALLY COOL HOME SEARCH TOOL we set up for our Annapolis Real Estate oriented website.   I confess to knowing next to nothing about HTML prior to learning how to do this over the weekend.  I learned  based on a...

I came across an interesting article surfing the web this morning in the "Real Estate Journal", (an online product of the "Wall Street Journal") by Dana Mattioli entitled  Homeowner s Pull Home Off Market And Find A Buyer Via Auction.  According to the article, the Homeowner built a new home in S...

If President Bush, per his speech this morning, is able to push through a change in the IRS Code which even temporarily eliminates the taxes on the forgiveness of debt for financially desperate homeowners, it will be a good thing for just about everyone.  (While this is not a huge problem in the ...

 Purveyors of food & drink in Eastport (aka the MRE, that's Maritime Republic of Eastport, not Meals Ready to Eat) are as varied and eclectic as the neighborhood itself.  This is my quick take on each of those located east of 6th street (the Spa Creek Bridge Road) in no particular order.In the in...

If you've spent anytime in Annapolis, you've probably been caught in the occasional backup that occurs when the Spa Creek Drawbridge goes up.  While it can be a little annoying, it can also is kind of fun, especially if, like me, your favorite place to be caught is first in line at the gate that ...