Anne Arundel County, MD has dispensed with the policy of charging transfer and recordation taxes on the sale price, and the amount forgiven by the bank. They will now use only the sales price when calculating the County transfer and recordation taxes in short sale situations.

Anne Arundel County officials changed the policy after the Attorney General of Maryland, Doug Gansler, issued an opinion that counties should not be charging transfer and recordation taxes on the amount of money forgiven by the lender in a short sale situation.

Previously, Montgomery and Prince George’s counties had also abandoned that policy. Anne Arundel County was the last remaining holdout.

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Recycle your Christmas Tree

by Richard on January 1, 2010

I hate to be the spoilsport but we all know those Christmas Trees don’t last forever. Heck, most of them were cut down long before Christmas and by now they’re pretty well drying out. Maybe another week left in them but that’s about all.

What do you do to get rid of the once live Christmas Tree? If you’re living in Anne Arundel County Maryland, its pretty easy to recycle. After you un-decorate the tree, all you need to do is to put it out with the other recycling. If its too big (over four feet) you should cut it in half so the recyclers can get it in the truck. Recycled Christmas Trees are made into mulch by the county.

While you’re at it, a lot of other Christmas waste can be recycled as well. Wrapping paper, catalogues, cardboard boxes, etc.

For more information about recycling in Crofton and Anne Arundel County MD, you can visit the County website at www.aacounty.org/DPW/Wastemanagement or call the County office at 410-222-6100.

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The Crofton Community Association General Membership Meeting is scheduled for Tuesday, January 19, 2010. The meeting will begin at 7:30 PM at the Crofton Elementary School, located at 1405 Duke of Kent Drive, Crofton, MD.

The snow date for the meeting is January 26, 2010.

The first meeting of the year is usually well attended because the budget for the next fiscal year will be presented. The budget, which has been mailed to all residents, contains a modest 2.3% increase.

crofton triangleCrofton MD is one of the Special Tax Districts located in Anne Arundel, MD. An additional tax is charged to residents of the Crofton Community Association and is collected by the County. This tax surcharge is used to pay for the Crofton Police Department, recreational activities, administration and maintenance of public areas.

While Crofton MD is a large, spread out community, only those residents living in Crofton Triangle are members of the Crofton Community Association. The Crofton Triangle is loosely defined as being within the borders of three roads. Rt. 3, Rt. 424, and Rt. 450.

Join your friends and neighbors on January 26th for a lively discussion on CCA activities.

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Odenton MD Real Estate – Market Statistics, November 2009

December 21, 2009

Odenton MD, 21113

October – 2009
2009
2008
% Change

Sold Dollar Volume
$9,971,899
$6,563,522
+51.93%

Average Sold Price
$302,179
$328,176
-7.92%

Median Sold Price
$294,999
$319,500
-7.67%

Total Units Sold
33
20
+65.00%

Average Days on Market
92
106
-13.21%

Average List Price for Solds
$315,348
$352,530
-10.55%

Several of the Odenton, MD home sales statistics looked better in November, 2009 compared to November, 2008.
More units are being sold, but in the lower price ranges. 32 of the 33 sales were in the [...]

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Severn MD Real Estate – Market Statistics, November 2009

December 21, 2009

Severn MD, 21144

October – 2009
2009
2008
% Change

Sold Dollar Volume
$5,557,950
$6,335,268
-12.27%

Average Sold Price
$264,664
$422,351
-37.34%

Median Sold Price
$275,000
$380,000
-27.63%

Total Units Sold
21
15
+40.00%

Average Days on Market
108
102
+5.88%

Average List Price for Solds
$294,895
$457,322
-35.52%

Severn, MD home sales statistics seem to be running counter to most other communities in the area in November, 2009 compared to November, 2008. While there was a slight increase in the number of units [...]

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Crofton MD Real Estate – Foreclosures

December 14, 2009

Crofton MD, despite the high average family income, is not immune to foreclosures. Like the general population, most foreclosure activity is dictated by employment status. And while Crofton MD employment is better by about 3.5 percentage points over the national average of 10%, we do still have a number of layoffs to deal with in [...]

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Crofton MD Real Estate – November 2009 Home Sale Statistics

December 12, 2009

November was an explosive month for Crofton, MD real estate sales. Don’t be fooled by the over the top sales though, there is good reason to believe that the 1st time home buyer tax credit caused the blip in sales.
The Crofton MD real estate market is pretty stable and mature. Whenever you see an increase [...]

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Buying a Crofton, MD Foreclosure

October 27, 2009

It doesn’t take much research to know that there are a large number of foreclosures on the market, including some Crofton, MD homes for sale. Picking up a foreclosure property in Crofton, MD could be a great investment, but buyers do need to be careful.
If you’re interested in including foreclosure properties in your home search, [...]

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Crofton MD Real Estate – Week In Review 10/18/09 – 10/24/09

October 26, 2009

Houses in Crofton MD are selling. Houses that are priced right, and in good condition, that is.
Last week 8 houses went to settlement. What was interesting was the diversity of the price ranges. $205,000 for a 2 bedroom, 1 bath, all the way up to $615,000, for a 5 bedroom, 4 bath house.
Five of the [...]

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Odenton Market Statistics – September, 2009

October 14, 2009

 
2009
2008
% Change

Sold Dollar Volume
$7,744,500
$9,012,593
-14.07%

Average Sold Price
$297,865
$333,800
-10.77%

Median Sold Price
$298,750
$320,000
-6.64%

Total Units Sold
26
27
-3.70%

Average Days on Market
77
116
-33.62%

Average List Price for Solds
$318,532
$358,518
-11.15%

Odenton, MD real estate sales in September, 2009 compared to the same month in 2008 were not trending upward.
The number of units sold was almost the same so the reduction in average prices is reflective of the price ranges that [...]

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