This week: two homes for sale and rent in Baltimore, and three new guides

By Nick Jungmarker, REALTOR® with Long & Foster, licensed in Maryland and Washington, DC ·

Two Baltimore City rowhomes are available to buy or to rent, and three new guides are up on the site: Maryland closing costs by county, DC's TOPA law, and Prince George's County homebuyer assistance.

Two Baltimore homes, each for sale or for rent

Both homes are listed with Long & Foster Real Estate, and each one can be bought or rented.

  • 3009 McElderry St, Baltimore, MD 21205: an interior row/townhouse in Baltimore City with 3 bedrooms and 1 full bath. For sale at $194,900 (Bright MLS # MDBA2220598) or for rent at $1,700/month (Bright MLS # MDBA2227206).
  • 555 Presstman St, Baltimore, MD 21217: an interior row/townhouse in Baltimore City with 4 bedrooms, 2 full baths and 1 half bath. For sale at $319,900 (Bright MLS # MDBA2220596) or for rent at $2,500/month (Bright MLS # MDBA2227312).

Three new guides

  • Maryland closing costs by county: every sale pays a 0.5% state transfer tax plus a county transfer tax and a county recordation tax, and by law buyer and seller split them equally unless the contract says otherwise. For a first-time Maryland buyer, the state transfer tax drops to 0.25% and the seller pays all of it.
  • DC TOPA explained: since 2018 most single-family homes and single rented condo units are exempt from the Tenant Opportunity to Purchase Act, except for qualifying elderly tenants and tenants with a disability. If you are buying a tenant-occupied DC property, ask for the TOPA paperwork before you are under contract.
  • Prince George's County homebuyer assistance: Pathway to Purchase offers eligible first-time buyers up to $50,000 for down payment and closing costs as a 0% deferred loan, anywhere in the county, with household income at or below 80% of area median income.

Questions or a showing?

Call or text me at (301) 875-7182, or send a message and my team will be in touch shortly. I work in English and Spanish, and I'm licensed in Maryland and DC.

Read more on the site

Sources

General information, not legal, tax, or lending advice. Programs, rates, and limits change; confirm details with an approved lender or the program administrator. Listing information deemed reliable but not guaranteed.

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