Entries by Evans Law

What is Maryland’s Homestead Tax Credit?

Owning a home is something that most people take pride in – most homeowners have to work hard in order to afford the home in the first place, as well as maintain it over the years. In fact, the effort that goes into buying a home is one of the things that can make the […]

Airbnb Impacting Housing in Washington D.C.

There is a worsening housing crisis in the District, and city regulators are attempting to ease the pressure on homebuyers and tenants by cracking down on short-term rentals. There are more than 31,000 hotel rooms in Washington D.C. alone, yet it has become increasingly popular for tourists and business travelers to seek lodging through services […]

The Current State of Residential Home Building

Home buyers in some of this nation’s biggest housing markets are finding themselves in bidding wars as the supply of available homes begins to slow. Reuters reports that housing starts in May 2017 dropped 5.5 percent to their lowest level since September 2016. Home builders are increasingly attempting to move away from luxury housing in favor of […]

Construction Defects in Maryland: What Homeowners Need to Know

As a homeowner, it can be very disheartening to learn that your home is suffering from a construction defect. While you may have the right to seek money damages from the careless home builders who caused the defect, some Maryland homeowners have been dismayed to find that they waited too long to bring a claim […]

3 Legal Issues to Consider Before Listing Your Home

Perhaps you’ve finished all the remodeling projects, updated the appliances, and applied a fresh coat of paint to your home, and you think you’re ready to call a listing agent to put your home on the market. Before you do, there are a number of important legal issues for you to consider, many of which […]

What to Expect at Your Real Estate Closing in Maryland

Purchasing a piece of real estate, whether a residential property where you plan to live for years, or a commercial property where you hope to build your business, is likely to be one of the single largest purchases you make in your lifetime. You want to be sure that the investment is sound and that […]

Condo Owners, Do You Know What Your Insurance Covers?

Condo ownership can bring with it the investment value of owning a home, while also bringing the advantages of communal living. There are unique aspects of owning a condominium that every Maryland condo dweller should understand. Possibly chief among these is the subject of insurance. Master and individual condo insurance policies There are typically two […]

What is the Process for Obtaining a Zoning Variance?

When purchasing commercial real estate with the intention of using it for a new business, it can be difficult to find a property that perfectly suits your needs. You may find the ideal property, only to learn that the parcel’s zoning requirements would prevent you from designing the ideal structure to house your business. With […]

Investing In Commercial Real Estate for the First Time

Perhaps you’ve long wanted to generate a revenue stream from real estate investments and finally have the capital to do so, or perhaps your investments have so far been more hands-off, but you’ve found an opportunity to buy that’s too good to pass up. Real estate can be a stable investment alternative to an uncertain […]

Reverse Mortgage Companies Issued Major Fine for Deceptive Practices

We have previously discussed the merits and risks of reverse mortgages in a prior post on our blog. While much of the negative reputation that reverse mortgage purveyors carry is outdated, there are still numerous risks involved in taking out a reverse mortgage on the equity you’ve built up in your home. In order to […]