Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist

Journalist @baltimoresun writer artist runner #amwriting Chaplain PIO #partylikeajournalist
Journalist @baltimoresun writer artist runner #amwriting Md Troopers Assoc #20 & Westminster Md Fire Dept Chaplain PIO #partylikeajournalist
Showing posts with label Real Estate Maryland. Show all posts
Showing posts with label Real Estate Maryland. Show all posts

Thursday, March 06, 2014

Baltimore Sun follow-up coverage on ground-rent from 2007 to 2011

Baltimore Sun follow-up coverage on ground-rent from 2007 to 2011

History, Real Estate, Real Estate ground-rent, Real Estate Maryland


Follow-up coverage: Ground rent

7:40 AM EST, November 28, 2011

Real Estate Wonk: Thinking of redeeming your ground rent?

6:31 AM EST, November 11, 2011

Ground rents that had been canceled are resurrected

Fells Point resident Andrew Newhouse is one of hundreds of homeowners who took advantage of a new law that allowed them to effectively cancel ground rents on land beneath their houses — a vestige of Colonial times that had led to some people losing properties over small unpaid sums.
7:56 PM EST, November 8, 2011

Ground lease holders challenge state law

Another challenge by ground rent holders to Maryland's 2007 reform laws has been revived, with lease holders claiming that a state law unconstitutionally diminished the value of their property by making collection of payments costly and difficult to enforce.
9:06 PM EDT, October 25, 2011

Controversial part of ground rent law overturned

Maryland's highest court has overturned the most controversial part of the state's new ground rent law, throwing out the section that takes ownership of ground leases away from owners who fail to register them with the state.
March 12, 2009

Leeway sought on ground rents

Community activists are urging Maryland lawmakers to allow nonprofit groups to use ground leases to provide affordable housing, a move that some say will return a ground rent system marred by abuses in recent years to its intended purpose.
March 1, 2009

Judge throws out part of ground rent suit

1 A judge has thrown out part of a lawsuit filed by ground rent owners challenging a 2007 state law intended to halt abuses in the system, but allowed their constitutional challenge to move forward.
May 20, 2008

U.S. judge sends ground rent suit back to state

A federal judge said yesterday that he thought Maryland's ground rent law had been due for an overhaul because ground rent holders were able to eject homeowners for overdue rents and gain the entire value of their houses.
May 19, 2008

Ground rent reform faces test in U.S. court today

Maryland's ground rent reform faces a key test in federal court today as the state seeks to dismiss a case filed by dozens of the largest holders.
November 2, 2007

Ground rent owners sue for compensation

Dozens of Maryland's largest holders of ground rents sued the state yesterday, seeking compensation that could exceed $400 million, contending that ground rent reform laws effectively seized their property.
July 12, 2007
Sun follow-up

Rush to ejectment criticized

Leaders of the Greater Baltimore Board of Realtors, which for years served as an advocate for ground rent owners, are criticizing some of them for rushing to seize houses of delinquent rent-payers ahead of a recent change in state law and are proposing to help affected homeowners.
July 1, 2007
Sun follow-up

Ground-rent owners rush to file suits

Even though a state law ending ground-rent ejectments takes effect today, Baltimore residents will for years face the prospect of having their homes seized by investors or being hit with large fees over small unpaid land debts. About 775 cases - some dating to 2003 - are pending in Baltimore Circuit Court, including more than 300 new ones filed in June as ground-rent owners rushed to get cases logged in under the old law. There were 154 lawsuits filed on Friday alone.
June 26, 2007
Sun follow-up

Ground rent suit is filed

A trustee for a ground rent owner has filed a lawsuit challenging the constitutionality of new laws intended to reform a system that had cost hundreds of people their homes.
February 14, 2007

Ground rent bill due final votes

Final votes on a bill that would prohibit the creation of new ground rents, emerging as one of the major issues in this General Assembly session, are scheduled for tomorrow.
Read more: http://www.baltimoresun.com/business/bal-ground-rent-followups,0,6157344.storygallery#ixzz2vDl9hviG
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City writes $1,105 check for rent it didn't owe - baltimoresun.com

City writes $1,105 check for rent it didn't owe - baltimoresun.com: 

Miscommunication, address confusion caused error, officials say

By Scott Calvert, The Baltimore Sun 11:26 a.m. EDT, August 3, 2013 

 http://www.baltimoresun.com/news/maryland/sun-investigates/bs-md-sun-investigates-ground-rent-20130803,0,4638821.story 

 The Baltimore housing department recently tried to give away some money — $1,105 to be exact.

That was the amount of a check sent to retired lawyer Constance Putzel in June, with a notation that the city was paying her for ground rent she held on several city-owned parcels at Old Town Mall.

Except Putzel hasn't been entitled to any such payments since 2011. That year, the city paid her a lump sum of nearly $14,000 to extinguish Putzel's claim on the land under its property."

'via Blog this' History, Real Estate, RealEstate ground-rent, RealEstate Maryland

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Md high court finds ground-rent law unconstitutional By Timothy B. Wheeler and Jamie Smith Hopkins Baltimore Sun Feb 26, 2014

Md high court finds ground-rent law unconstitutional By Timothy B. Wheeler and Jamie Smith Hopkins Baltimore Sun Feb 26, 2014

Md. high court finds ground-rent law unconstitutional

State can't take away ability to seize and sell homes over unpaid ground rents, court rules

http://kevindayhoff.blogspot.com/2014/03/md-high-court-finds-ground-rent-law.html

By Timothy B. Wheeler and Jamie Smith Hopkins, The Baltimore Sun February 26, 2014 http://www.baltimoresun.com/business/bs-bz-ground-rent-court-decision-20140226,0,2243306.story

Maryland's highest court tossed out Wednesday the heart of an ambitious legislative effort to stop homeowners from losing their property over unpaid rent on the ground beneath their houses.

The Court of Appeals ruled that the law violated the rights of "ground-rent" owners by taking away their ability to seize and sell the homes of tenants who don't pay, then keep the proceeds. Allowing owners to bring foreclosure proceedings instead was not a reasonable substitute, the court said.

The decision throws into doubt sweeping 2007 changes to a Colonial-era system under which many homes in Baltimore and around the state sit on ground that is owned by a leaseholder. Homeowners on those properties are legally required to pay rent, usually twice a year, to the holder of the ground rent.

Read more: http://www.baltimoresun.com/business/bs-bz-ground-rent-court-decision-20140226,0,2243306.story

http://kevindayhoff.blogspot.com/2014/03/md-high-court-finds-ground-rent-law.html

Labels: History, Journalists Hopkins Jamie Smith Sun, Judiciary, Judiciary Maryland, Judiciary MD Court of Appeals, Real Estate, Real Estate ground-rent, Real Estate Maryland - See more at: http://kevindayhoff.blogspot.com/2014/03/md-high-court-finds-ground-rent-law.html#sthash.q8YG5Zat.dpuf


Md high court finds ground-rent law unconstitutional By Timothy B. Wheeler and Jamie Smith Hopkins Baltimore Sun Feb 26, 2014
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Thursday, March 28, 2013

Weekly MacRo, Ltd. e-newsletter! Don Corleone for Mayor of Frederick?




March 28, 2013
CALL: 301-698-9696
Welcome to our weekly MacRo, Ltd. e-newsletter!

Considering the issues that will likely be the topics of debate during the City of Frederick 2013 mayoral campaign, the MacRo Report Blog is taking a look at what some may consider the Pros and Cons of the various declared candidates. Without offering an endorsement or panning the candidates, we offer observations of our first seeker of the seat of power in City Hall:  Galen Clagett.




This fantastic commercial building is a combination of 20’ high ceiling warehouse space in the rear and
office space in the front. 3-Phase Electric. Great Frederick County location near I-70 and I-270 ramps.



Located in historic downtown Frederick with stunning views of Carroll Creek Park from large windows and rooftop deck. Perfect for a small corporate headquarters or creative firm.



Located equidistant between I-270 Exits 26 and 31 in Buckeystown, Maryland, this industrially zoned 9+ acre lot provides outside storage for equipment and tractor trailer containers.  In addition, the property includes an 11,700 square foot warehouse building.  Ideal for small manufacturing or vehicle storage and repair business.


Subdivisable 11.4 Acre Parcel

This beautiful land parcel is subdividable into four lots. A subdivision plan has been filed with Frederick County and is active through October 2014. Property has four approved perc tests for conventional septic areas. Four wells have been drilled with an average yield of 19 gallons per minute, average depth is 160 feet.
 

RECENT MACRO REPORT POSTS:

RECENT MACRO
TRANSACTIONS:
KEEP IN TOUCH:

Phone: (301) 698-9696
PROPERTIES:

11,997 SF flex building for sale. Property has numerous bells and whistles including soundproofed offices, multiple server rooms, drive-in bays, and tech rooms with heavy IT and media wiring.  Strong tenant leasing 7,736 SF of the space.  Easily sub-dividable.

For sale at $975,000, this desirable 3,781 SF commercial office/condominium is situated in a prime downtown Frederick location.

Four units for sale at $279,000 each. Each two-story, 2,000 SF unit offers an excellent layout for medical and professional uses. Lease-to-purchase option is available to qualified purchasers.

Residential building lots, percolation test approved for sand mounds supporting 4 bedroom homes. Zoned A- Agricultural.

5+ cleared acres. Perc test approved for conventional 5 BR home. Subdividing rights intact.
5300 Westview Drive, Suite 302, Frederick, Maryland 21703

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Thursday, January 19, 2012

Carmen Amedori, Real Estate Sales Associate at Coldwell Banker in Ocean City, Maryland


If you are looking at real estate in Ocean City, Maryland, consider contacting my friend Carmen Amedori at Coldwell Banker, 12003 Coastal Hwy., Ocean City, MD 21842. Find her at www.cbmove.com. Or give her a call at 410-524-1203.

http://www.cbmove.com/real_estate_agent/3306/Carmen-Amedori.aspx?SortColumn=LastName&IsFromAgentSrch=True&StateID=26&RegionID=0&LastName=Amedori

http://www.cbmove.com/real_estate_office/214/Maryland/Ocean-City/Ocean-City120th-St.aspx?SortColumn=LastName&IsFromAgentSrch=True&StateID=26&RegionID=0&LastName=Amedori

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Thursday, December 22, 2011

Lawsuit alleges fraud in real estate transactions

Lawsuit alleges fraud in real estate transactions


By Jamie Smith Hopkins, The Baltimore Sun
9:04 p.m. EST, December 19, 2011

Several Baltimore-area homeowners are suing the largest residential real estate team in the state, alleging a "scheme of fraud and misrepresentations" involving home purchases, sales and financing.
The suit, a proposed class action, names the Creig Northrop Team, Long & Foster and several mortgage firms — including Long & Foster's Prosperity Mortgage Co. — as defendants.
A similar lawsuit brought against the Northrop team by a Howard County couple was settled in March... http://www.baltimoresun.com/business/real-estate/bs-bz-creig-northrop-lawsuit-20111219,0,1629264.story

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Jamie Smith Hopkins - The Baltimore Sun Real Estate Wonk

Labels: , , , , , 

DECEMBER 21, 2011


Most say 'good time to buy,' few say 'good time to sell'

Most Americans surveyed by the group that provides the data for a widely tracked measure of consumer confidence say it's a good time to buy a home -- but not a good time to sell one.
This will probably not come as a shock.  http://weblogs.baltimoresun.com/business/realestate/blog/

About Jamie Smith Hopkins
Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
• Baltimore Sun articles by Jamie


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