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Ocean City Real Estate Information

Choosing a Realtor

There are literally hundreds of Realtors serving the Ocean City real estate market.  You owe it to yourself to do your due diligence before choosing an Ocean City Realtor to assist you.  The agent you choose to work with will have an ...

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Contract and Escrow Phase

You made an offer to purchase real estate in Ocean City or the surrounding areas, the Seller accepted your offer and now you are under contract … what is next?  Below is an overview of what you can expect as a Buyer as you work the ...

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Buying Timeframes

Once people find a property they want to purchase the next question is "How long will the process take?"  The time it will take to get the property you are purchasing from accepted contract to closing will depend on a few factors, which I have ...

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Fast Paced Market

We are currently in a fast paced real estate market in Ocean City.  Good inventory is low and well priced properties that are in good condition are selling withing a few days of hitting the market.  If you are currently in the market to ...

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Condominium Fees

As you have been searching online for Ocean City real estate you have probably noticed the condominium fees that are noted on each listing. A majority of the Ocean City condos for sale have monthly condominium fees associated with them and there ...

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Non-Resident Withholding

When you sell real estate in Ocean City and are not a resident of the state of Maryland you need to be aware of the non-resident withholding tax. In 2003 the State of MD enacted code that provided for income tax withholding on the sale of real ...

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Closing Costs - Buyers

One of the questions I am asked the most is ... How much are the closing costs and what do they cover?  Closing costs are the charges and fees that are involved when buying real estate in Ocean City. Closing cost amounts will vary depending ...

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Property Considerations

The search for Ocean City real estate can get a bit overwhelming with all the different property types and locations to choose from. To assist with this I thought it would be helpful to provide a list of the primary property features you should ...

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The Rental Process

Ocean City has a strong rental market during the late spring, summer and early fall seasons that many property owners take advantage of.  Some people buy Ocean City real estate purely as a rental investment.  Others rent their properties ...

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Determining Price

In order to successfully sell Ocean City real estate in today's market you must have a well thought out and researched pricing strategy.  There is a lot of competition in the market and Buyers are more informed than ever.  Properties that ...

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Ocean City Mortgages

A lot of things have changed in the real estate industry over the past few years and one of the biggest changes we have seen is the process for obtaining a mortgage to purchase real estate in Ocean City. Back in 2005 and 2006 if you could "fog up a ...

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Closing Costs - Sellers

In the discussion of selling real estate in Ocean City with my clients I am often asked what closing costs will be involved and how much they are. Closing costs are going to vary from deal to deal, however there are some common similarities that I ...

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Rental Cost Coverage

One of the things I am asked about most frequently as a Realtor in Ocean City is the process of renting out real estate in Ocean City. Folks typically want to know how it works and and what type of income and carrying cost coverage they can expect. ...

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Property Insurance

As a  Realtor in Ocean City I am often asked about property insurance and thought it would be helpful to put together an article outlining the basics.  Insurance requirements will vary and the cost, type and amount of coverage you will ...

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