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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Posted by Nicholas Bobenko on February 8, 2017 in Buying Real Estate
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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Posted by Nicholas Bobenko on February 7, 2017 in Selling Real Estate
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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Posted by Nicholas Bobenko on February 6, 2017 in Buying Real Estate
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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Posted by Nicholas Bobenko on February 4, 2017 in Buying Real Estate
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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Posted by Nicholas Bobenko on February 2, 2017 in Buying Real Estate