Generally people tend to have a common misconception that market value and appraised value are same. But they are not same. The market value is almost similar to an appraisal, but it differs because a certified property appraiser does not carry it out. It is always advisable to appoint a real estate agent, realtor, or broker to update you on the current market value of the properties in Maryland. A market value can be defined as the true worth of your property when it is compared to the similar
Capital gains
When you buy a real estate in Maryland and sell it for a higher price, the difference between the selling price and the purchase price is known as capital gain. In other words, profit from selling a property for a higher price is the capital gain on the property. Capital gains may be short-term or long-term.
Construction Loans
You may own a vacant lot and wish that you could add value to it by building a house on it, but you just don’t have the funds. Or maybe you do.
Tips on successful land lording
The land lord is an owner of a property. He leases that property to a tenant under a lease agreement and is obliged to perform certain duties and enjoys some rights too. A landlord is also bound to repair the premises before he leases it. A successful landlord takes time to pick the best tenants and keeps the rental property in good condition