If you’ve been a Realtor for any length of time, you know that people will come to you for advice on all things related to real estate.
At some point in your career, you’re bound to encounter a question about how to handle a situation where the owner of a property, likely a loved one, is no longer mentally and physically able to care for the property and make the necessary decisions about how to handle the property — including when it’s time to sell. Read more
Unfortunately, money laundering occurs in real life — and not just by Jason Bateman in “Ozark.”
Traditional hotspots have been California, Miami, New York, Chicago. But guess who just made the list!
The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued a new Geographic Targeting Order with reporting requirements that affect real estate transactions in Washington, D.C., Northern Virginia, Maryland and especially Baltimore!
As of 4/29/2022, if your CASH buyer is paying as little as $50,000 in Baltimore City and County, or $300,000 in Maryland, D.C. or Virginia, they may have some explaining to do. Read more