Due diligence is a process where you check on various aspects of a transaction. In business, it involves checking sales data, expenses, and income. Buying a home is one of the biggest purchases that most people will make in their lives so it makes sense that some form of due diligence is performed. This doesn’t [...]
Condos used to be the inexpensive entry into real estate ownership. In Virginia, condo prices were relatively low, monthly fees low, and life was virtually worry free – you didn’t even have to worry about mowing lawns. These days, condo ownership is not so trouble free. In fact, while prices are low, acquiring a condo can [...]
Condos are popular with young couples and retirees, particularly those close to the city centers. Maryland is no different, although at present there is somewhat of an oversupply of condos in Maryland and while some can be purchased cheaply there are some traps to watch out for. Economic downturns hit everyone and people deal with [...]
