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We publish blog articles that gives the nation and the world helpful resources, tips, how to's, trends, and best practices related to housing, foreclosure, real estate, short sales, loan modifications, mortgages, formulas, and so much more.

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6 Awesome Real Estate Blogs You Should Be Reading

Michael Nolen, Founder, CEO May 18, 2016 at 9:00 AM

Whether you’re a homeowner, future homeowner, or a professional, it’s a necessity to stay up to date with all the new ideas and trends happening. There are millions of blogs online – And it’s humanly impossible to attempt to read them all.

Most of us know the impact the US housing market faced after the bubble burst in 2008. A big problem was the lack of information available to us without going to a salesperson.

In this post, we’re going to highlight six awesome blogs that focus on one thing: real estate. We’ve found some excellent blogs that we wanted to share in hopes that you find educational content when you’re buying a home, selling a home, or looking for some new ideas you didn’t know exist.

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Tagged Mortgages, Buying a Home, Ocean City MD Real Estate, Salisbury MD Real Estate, Ocean Pines MD Real Estate, Buying a Condo

How Interest Rates Today Impacts Home Buying Power?

Michael Nolen, Founder, CEO May 17, 2016 at 1:00 PM

Interest rates today are much lower compared to rates before the collapse of the US housing market. They’re attractive and can give you more power to buy a home.

With the Federal Reserve still uncertain when they’ll raise rates, eligible home buyers may be able to get more mortgage to buy a home.

In this post, I’ll share helpful home buying tips comparing the impact in your home buying power with a lower rate Vs. a higher rate – and how it may impact how much mortgage you can afford.

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Tagged Buying a Home, Ocean City MD Real Estate, Salisbury MD Real Estate, Ocean Pines MD Real Estate, Buying a Condo, How Much Mortgage Can I Afford?

10 Smart Strategies to Buying Ocean City MD Real Estate

Joe Wilson, Condominim Realty, LTD May 2, 2016 at 1:53 PM

Have you began your search for homes for sale in Ocean City, MD or are you thinking about buying into the coastal real estate market? Before you buy, there are definitely some things you'll need to consider first.

In this post, I explain some tips about selecting a property and navigating the Ocean City, MD real estate buying process.

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Tagged Worcester County MD Real Estate, Buying a Home, Ocean City MD Real Estate, Buying a Condo

How Much Mortgage Can I Afford with a Condo Association?

Michael Nolen, Founder, CEO April 6, 2016 at 1:00 PM

If you’re buying a condo with a mortgage loan, you’ll need to ask your loan officer, “How much mortgage can I afford”? You’ll also need to make sure it fit’s into your monthly household budget after considering all of your necessary expenses like utilities, groceries, car expenses, travel, and so on…

When you buy a condo, you'll need to factor in your condo association fees and the extra expenses with condo ownership.

In this post, I’ll breakdown the basics of what you’ll need to look for when buying a condo with an HOA and share some resources and best practices to help you determine how much mortgage you can afford.

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Tagged Mortgages, Ocean City MD Real Estate, Cost of Ownership, Buying a Condo, How Much Mortgage Can I Afford?

Top 5 Readers Blog Picks for March 2016

Michael Nolen, Founder, CEO April 4, 2016 at 1:00 PM

Delmarva Home Relief's Blog is all about educating our readers and the world about topics related to housing and finance. In March, we published over 30 new topics. From helpful first time home buyer tips to comparing the differences between government and lender specific in house loan modification programs, our readers choose these 5 blog articles as the most interesting and helpful.

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Tagged Loan Modification, Real Estate, Mortgages, Buying a Home, Buying a Condo, Renting Vs Buying a Home, What Is My Home Worth?, Credit Reporting

9 Essential Steps to Buy a Condo for Sale in Ocean City, MD

Michael Nolen, Founder, CEO March 30, 2016 at 1:00 PM

Times have changed! When we want to find the perfect beach house, we turn to the Internet. It’s a powerful thing! We get answers to our questions without calling a salesperson. Many buyers spend 6 months to a year trying to find their perfect beach house before contacting a real estate agent for help.

Researching condos for sale in Ocean City, MD online is only the beginning. If you don't know the essential steps for buying here, you could find out you've been looking at beach houses that you'll never want or be able to buy.

To help you get on the right path, I spent some time with Joe Wilson at Condominium Realty, discussing some essential steps every buyer needs to know when buying a condo for sale in Ocean City, Maryland.

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Tagged Worcester County MD Real Estate, Ocean City MD Real Estate, Buying a Condo

6 Things to Ask Yourself When Buying a Condo in Ocean City, MD

Michael Nolen, Founder, CEO March 28, 2016 at 9:00 AM

Buying a condo at the beach should be a great and exciting experience. Managing your expectations and recognizing realities of what is available on the market is key to making the most out of the condo buying experience. You need to separate your wants and your needs when buying your dream beach house or any home.

Here are six questions to ask yourself when you're buying a condo to help set the proper expectation and reality of what you are getting yourself into.

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Tagged Worcester County MD Real Estate, Ocean City MD Real Estate, Buying a Condo

5 Quick Tips for Buying a Condo with an FHA Mortgage

Lauren Peddinghaus, Co-Founder and CEO of CondoGrade.com March 22, 2016 at 9:00 AM

FHA loans can be a great program for first time home buyers. FHA loans, which are insured by the Federal Housing Administration, offer buyers loan options with low down payments, low closing costs and looser credit qualifications.

In this post, guest blogger Lauren Peddinghaus of CondoGrade.com shares 5 quick tips for buying a condo with an FHA insured mortgage.

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Tagged Mortgages, Ocean City MD Real Estate, FHA Mortgages, Buying a Condo

6 Valuable Things to Know Before Buying a Condo

Michael Nolen, Founder, CEO March 18, 2016 at 9:00 AM

Condo ownership can be a smart real estate investment. However, if you want to buy a condo, you should know that condo living isn't for everyone. It's important to understand what it means to own a condo.

In this post, I'll share 6 helpful tips to know before you decide to buy a condo.

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Tagged Ocean City MD Real Estate, Buying a Condo, First Time Home Buyers

5 Reasons Buying a Condo May Fail Due to a Condo Association

Lauren Peddinghaus, Co-Founder and CEO of CondoGrade.com March 7, 2016 at 10:38 AM

A high number of condo sales never make it to the closing table. A common problem lies with the condo association. When buying a condo, most buyers are not aware that in order to get a mortgage in a condo building, the condo association (HOA) has to qualify – not just the buyer.

For most mortgage loan products, a condo building must be deemed “warrantable” in order for a buyer to buy a condo in that building.

In this post, Lauren Peddinghaus with CondoGrade shares what you need to look out for – So, you don’t fall victim to a failed or severely delayed closing when buying a condo.

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Tagged Mortgages, Housing, Buying a Condo, Lauren Peddinghaus, Condo Ownership

Top 5 Blogs: Readers Picks of The Month - February 2016

Michael Nolen, Founder, CEO March 1, 2016 at 9:22 AM

February was a great month for our housing blog. We published some really cool topics about housing and mortgages. We even had some blog contributors share their knowledge with our readers. The Delmarva Home Relief Blog is designed to be an educational resource for consumers to help them make informed real estate decisions.

In this post, I'll share the Top 5 Blogs that our readers found the most enjoyable!

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Tagged Short Sale, Deed in Lieu of Foreclosure, Mortgages, Credit Repair, USDA Mortgages, Buying a Condo, FICO Credit Scores

5 Reasons Paying Your HOA Fees Beats a Foreclosure Sale

Michael Nolen, Founder, CEO February 24, 2016 at 5:20 PM

If you are struggling to make your monthly mortgage payments on your condo, you may not want to stop paying your HOA fees. Your association could foreclose before the bank! Many condo owners are not aware of the legal and financial consequences of not paying their dues.

There’s a lot to know about condo ownership. Understand the consequences of not paying your HOA dues.

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Tagged Buying a Home, Foreclosure, Buying a Condo, Condo Ownership

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