Ocean City MD Real Estate Area Pages
Ocean City MD Real Estate and Information
Renting Real Estate in Ocean City MD – Cost Coverage
I answer a lot of questions everyday about real estate in Ocean City MD. One of the common themes that always comes up is the process of renting property in Ocean City. Folks typically want to know how it works and and what type of income and carrying cost coverage they can expect. We recently … [Read More...]
Mortgage Docs for Real Estate in Ocean City MD
We recently wrote a post on the process of getting a mortgage to purchase real estate in Ocean City MD. Listed below is the list of documents that mortgage lenders will be looking for to get the process started: Past 2 years tax returns Most recent 2 years W-2 statements Pay stubs for the most … [Read More...]
Oceanfront Real Estate in Ocean City MD – Sea Watch Penthouse
Every once in a while a special, unique property comes along and Unit #1500 in the Sea Watch fits that bill. One of the many highlights of this oceanfront real estate in Ocean City MD is the approximately 1000 sq. ft. wraparound balcony with 140' of ocean frontage. The views of the ocean, beach and … [Read More...]
Getting a Mortgage for Real Estate in Ocean City MD
A lot of things have changed in the real estate industry over the past few years. One of the biggest changes that we have seen is the mortgage process for buying real estate in Ocean City MD. Back in 2005 and 2006 if you could fog up a mirror you could essentially get a mortgage. This contributed … [Read More...]
Ocean City MD Real Estate Market Conditions – April 2013
There are currently 1167 properties listed for sale in Ocean City MD, representing a 20% decrease from where we were at this point last year. It is not unusual to see an increase in listings over the next couple of months as a majority of Sellers list their properties in anticipation of the upcoming … [Read More...]
2013 Ocean City MD Boat Show
The annual Ocean City MD Boat Show is set for this coming weekend. This is one of my favorite events of the year and is a lot of fun regardless of whether or not you are in the market for a new watercraft. The Ocean City MD Boat Show is held both inside and outside at the Ocean City Convention Center … [Read More...]
Ocean City MD Real Estate Report – Feb. 2013
2013 is off to a good start for the Ocean City MD real estate market. Inventory continues to decrease, year over year sales volume and prices are up and there is a lot of activity in the market. Below you will find a breakdown and analysis of current Ocean City MD real estate market conditions. Here … [Read More...]
Real Estate in Ocean City MD – Renting Yourself
Many people have started renting their real estate in Ocean City MD themselves. Sites like HomeAway.com and VRBO.com have streamlined this process and quite frankly have made it pretty easy. We have a lot of clients that rent their real estate in Ocean City MD this way and we have outlined the steps … [Read More...]
Ocean City MD Real Estate – Renting Property
Ocean City MD has a strong rental market during the late spring, summer and early fall seasons, which many people take advantage of. As a result of this some people buy Ocean City MD real estate purely as an investment, while others use this strong rental market to offset some of the costs associated … [Read More...]
Real Estate in Ocean City MD – Buyer’s Closing Costs
As Ocean City MD Realtors we are often asked ..."How much are closing costs and what do they cover?" Closing costs are the charges and fees above and beyond the purchase price that are necessary to buy a piece of real estate in Ocean City MD. The actual amount of closing costs for purchases of real … [Read More...]
Ocean City MD Real Estate Market Update
Below is a quick breakdown and statistics for the Ocean City, MD real estate market. All in all things are improving in most segments of the market. Inventory continues to decrease, sales activity is high and price appear to have stabilized in most areas. If you would like to discuss this in … [Read More...]
Hurricane Sandy Storm Damage in Ocean City MD
Hurricane Sandy in Ocean City, MD has now come and gone. I am fortunate to be a lifelong resident of Ocean City, MD and it is the worse storm that I have seen in my 34 years. You know it's bad when the "old salts" around town who have been here since the 1960's are saying the same thing. All things … [Read More...]