1. How long does it typically take to sell a home in Maryland??

The time it takes to sell a home in Maryland can vary depending on the market, location, and pricing. On average, homes in the state take about 30-60 days to sell. However, with a strong marketing strategy and competitive pricing, it can be faster.

2. Do I need a home inspection before selling my property??

While it's not legally required, getting a pre-listing home inspection is often a good idea. It helps identify any issues that could delay a sale, allowing you to address them in advance and potentially increase your home's value. Depending on the property age, condition, and occupancy, a Seller may decide to have this done.  For instance, if a property has been rented for several years, the Sellers may want to rely on a pre-listing inspection to identify the reality of the home's current condition and fix any potential issues

3. What are the closing costs for sellers in Maryland?

Sellers in Maryland typically pay between 6-8% of the home's sale price in closing costs. This includes agent commissions (if paid by Seller), transfer taxes, and other fees. The exact amount will depend on your specific situation and the final sale price. Realtors can provide a net sheet based on sales price showing the approximate amount a Seller will net.

4. Are property taxes high in Maryland?

Maryland's property tax rates are around the national average, but they can vary significantly by county. For example, Montgomery County tends to have higher rates, while other areas may be more affordable. It's wise to check local tax rates when considering a purchase.  

5. Is it a good time to invest in Maryland real estate?

Maryland offers strong investment opportunities, especially in areas like Baltimore, Montgomery County, and Howard County. Whether you're looking for rental income or long-term appreciation, market trends suggest steady growth, making it a good time to invest.     

6. Can I sell my house if I still have a mortgage?

Yes, you can sell your house even if you still have a mortgage. The remaining balance will be paid off at closing using the proceeds from the sale. If the sale price is higher than your mortgage, you'll keep the profit after other closing costs are paid.  

7. Do I need an attorney to close on a home in Maryland?

While Maryland law does not require an attorney to be present at closing, many buyers and sellers choose to have one for peace of mind. An attorney can help review contracts, explain legal terms, and ensure everything is handled properly.