Welcome!
We are a non-profit housing counseling organization that has been in the Baltimore community for 35 years, helping to sustain and create homeownership opportunities through customized lending and consumer education. We believe homeownership plays a key role in the economic development and revitalization of neighborhoods and communities. In the past three decades, we have rehabilitated more than 700 homes and provided over $30 million in loans. Our efforts have created more than $350 million dollars in spin-off reinvestment to date in the Baltimore region. Read more...
Baltimore Homeownership Blog
If you are not native to Baltimore, the term ground rent probably doesn’t mean a whole lot to you. If you are a renter, it most likely doesn’t mean a whole lot more. However if you are considering buying a home in Charm City, the term just became something you should familiarize yourself with. Although it does not apply to all homes in Baltimore, ground rent can play a role in determining the cost of escrow on your home and could possibly create problems for you in the future if you are unaware of how to deal with it.
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Getting Rid of Deceiving Property Tax Ads in Baltimore
Taxes- they are apart of life and we all have to pay them, regardless of our age, our backgrounds, or our aspirations of purchasing glory. When buying a home, property taxes are a huge piece of the budgeting puzzle. Deciding how much you can afford for a home, means not only taking into consideration the cost of the monthly mortgage payment, but the cost of the insurance, taxes and ground rent (if applicable) as well. The principal and interest payments you make toward your mortgage every month are referred to as your P and I. The three latter payments are called your escrow.
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