Homestead Tax Credit

Happy One-Year Anniversary!

Now that you’ve lived in your house for a year, you should qualify for Maryland’s Homestead Tax Credit. This credit limits any annual tax increase to no more than 10% a year for a principle residence. As values rise, so will your taxable assessment. So lock in your base value now before you overpay on your future tax bills. To register, you must:

1) Live in the Property for a Year as Principle Residents

2) Receive Your Application by Mail or Call 410-767-2165 to Get the Access Number

3) Apply at https://sdathtc.dat.maryland.gov/

Basic or Enhanced Title Insurance: How to Choose the Right Level of Coverage for You

You have auto insurance in case of an accident.
You have medical insurance for when you’re sick.
You probably even have insurance on your cellphone because what would you ever do without it?

But you’d be surprised how many people ask us, “Do I really need an owner’s title insurance policy?”

Yes. Yes, you do. Continue reading “Basic or Enhanced Title Insurance: How to Choose the Right Level of Coverage for You”

Team Member Spotlight: Linda Stearns

Senior processor Linda Stearns has spent 13 years with Advantage Title. So we know that she’s at her best when she’s facing a challenge. She loves to dive deep, investigate and solve problems.

If you’ve worked with Linda, you know how dedicated she is to her job. But in our Team Member Spotlight Q&A, you’ll learn a lot more about her — we did. That’s why we’ll be cranking up “Feels So Good” by Sonique whenever we want to put a smile on her face. Continue reading “Team Member Spotlight: Linda Stearns”

Selling a Home with Solar Panels? Know the Numbers and Make the Case

Solar Panels Solar panels have been showing up on the roofs and in the yards of more and more homes in recent years. So naturally, more homes with solar panels are hitting the market.

But this raises several questions — practical and financial — that must be addressed whether clients are interested in buying or selling a home with existing solar panels. Continue reading “Selling a Home with Solar Panels? Know the Numbers and Make the Case”

How Tenancy Status is Like Your Relationship Status

Relationship StatusMost of us think of a “Tenant” as a person who rents from a landlord and has permission to use the property. So let’s think of “Tenancy” as owning and using the property.

If it’s just you, then tenancy can be listed as simply as Sole Ownership. If it’s more than one person, a title company will ask how you want to take title? You will be given the options of Tenants In Common, Joint Tenants, or Tenants by The Entireties. Continue reading “How Tenancy Status is Like Your Relationship Status”

Team Member Spotlight: Senior Procesor Becky Ohlinger

Senior Procesor Becky OhlingerAlmost no closing is impossible with Advantage Title, and that’s because of our awesome team members like Becky Ohlinger.

Whether it’s settling on a property here in Maryland or maybe coordinating a closing in Argentina or the Dominican Republic, Becky will find a way to get it done. We already know how hard she works for our clients, so let’s take a few moments to get to know her a little better outside the office. Continue reading “Team Member Spotlight: Senior Procesor Becky Ohlinger”