Understand the problem before choosing the solution.
When a house becomes difficult to manage, the natural reaction is to look for the fastest way out. A better first step is to identify the facts that affect your choices.
For a Baltimore property, that may include ownership, title, occupancy, taxes, liens, condition, notices, insurance, mortgage balance, estate documents or the property location.
Baltimore City Code currently requires annual registration for vacant structures and provides a registration deadline for a newly vacant structure. Verify the current code and fees before acting.
Questions to answer
- Confirm occupancy status — determine what applies before you commit to a strategy.
- Document the condition — determine what applies before you commit to a strategy.
- Secure the property — determine what applies before you commit to a strategy.
- Check city requirements — determine what applies before you commit to a strategy.
- Compare repair versus sale — determine what applies before you commit to a strategy.