Daily Archives: February 8, 2018

Important Information from the Maryland Insurance Administration

MARYLAND INSURANCE ADMINISTRATION PROHIBITS TITLE AGENTS FROM PROVIDING FREE HOME WARRANTIES In a bulletin issued on December 18, 2017, the Maryland Insurance Administration has declared that “offering rebates or discounts in the form of free home warranties or home inspections as thank you gifts to consumers who purchase a title insurance policy from an insurance…

How Does the New Tax Law Impact Homeowners, Sellers and Buyers?

Several provisions of the new tax law (and one provision that was not changed) have an impact on the housing market: Mortgage interest deductions: Effective on January 1, 2018, the new law reduces the maximum amount of mortgage debt to acquire a first or second residence for which you can claim itemized interest expense deductions from…