Purchasing a Home in Maryland

There are different rules and regulations throughout the US regarding buying a home. Many of these steps are similar, but they vary enough that you should learn the specifics for your state. Let us help you learn the necessary steps for purchasing a home in the Maryland area.


Why Maryland?

Maryland is a gorgeous Mid-Atlantic state known for its lovely scenery and delicious crab. Where there is crab, there are beaches. A home in this state can get you near some glorious beaches along the Atlantic Coast. Maryland has just over 3,000-miles of shoreland, so you can be close to the coast no matter where you choose to live. If beaches aren’t your thing, there are plenty of woodland trails with bountiful wildlife – bald eagles, wild horses, and even island foxes.

If you choose to reside in Annapolis, you can get the best of everything Maryland has to offer. Beautiful nature along with historic and cultural events. This city has been dubbed the Sailing Capital of the US, which makes it the perfect location for those into water sports. This is a thriving city with plenty of food, music festivals, art galleries, and theaters.

With something for everyone, you cannot go wrong choosing Maryland.


Know Your Numbers

Anytime that you are seeking a loan, you will need to get your credit report. These numbers will determine the amount of money you can take out and how high the interest rate will be for your mortgage payments. You can run a report using the three different credit bureaus to help ensure that there are no errors.

Create a budget of your monthly and yearly expenses and make an estimate of what you will be able to pay monthly for a home. This way, you are armed with even more knowledge as you go through the preapproval process for a loan. This step will help you narrow down your options.


Professional Assistance

Purchasing a home is an overwhelming experience for most people. Unless you flip homes or rent out homes for a living, this will probably be a very stressful journey for you. Oftentimes, you will feel much better having a professional alongside you for assistance throughout the process.

A realtor will be able to answer your questions and provide advice based on experience and education.  They will sit with you and discuss your budgets, lifestyle, and goals and create a plan to work around you.

Realtors can help guide you and even take the lead on some tasks. Contract writing and discussing sales along with the house inspection are all things that a realtor will be able to assist you with. When it comes to Maryland, you’ll love the idea that you have made the first step in purchasing a home in a town rich in culture and history and with something for everyone. We hope you are ready and feeling more confident in your journey to purchasing a home.







Taylor Properties 


CELL: 410-487-5919 OFFICE: 410-224-0600

Broker: 800-590-0925

175 Admiral Cochrane Drive, Annapolis, MD 21401