Home buyer wasn’t told of unpermitted remodel; is there recourse?

A home buyer is being forced by the city to convert a studio apartment back to a workshop because it lacks a permit. What recourse does the buyer have for lack of disclosure?
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What kind of homeowners choose to default?

People who walk away from their mortgages are not as calculating as you’d think, says Brent T. White.

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Northrop loss raises questions of business environment in Maryland

Defense contractor relocating headquarters to Virginia

In the [...]

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Making sense of tax credits on windows

When the government stops collecting money long enough to hand out rebates and tax credits, consumers pounce. Incentives stimulated car sales with Cash for Clunkers, and they’re stimulating energy-saving home improvements, particularly the replacement window business. Home construction may be down, but window sales are up, due mainly to a $1,500 federal tax credit.

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Troubled real estate market blamed for increase in rental scams by bogus landlords

SAN FRANCISCO (AP) — Troubles in the real estate market are being blamed for helping to fuel what was once a rare type of scam — swindling hopeful tenants out of money by pretending to be a landlord, according to officials.

View full post on baltimoresun.com – Real Estate

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