Baltimore foreclosures are no longer just in risky neighborhoods. The foreclosure crisis has hit all sorts of homes in all types of areas. Pre-foreclosure, many homeowners and developers are willing to negotiate with a buyer/investor. If they can walk away with a little cash and satisfied liens, and you have a property for less than the market value, it can be a win – win proposition.

Baltimore lofts are a popular lifestyle choice right now. Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.

The Canal Street Malt House is an existing warehouse that has been renovated to condo lofts, and added a new residential area.

There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.

Good news for FHA loans! As of last week, there are new maximum loan limits that are available due to the American Recovery & Reinvestment Act. These new loan limits are for new and existing loan applications that are submitted with credit approval on or after March 12, 2009.

Here is a list of the 2009 FHA Maximum Mortgage Limits*:
$729,750 for one-unit properties
$934,200 for two-unit properties
$1,129,250 for three-unit properties
$1,403,400 for four-unit properties
These new limits open up the possibilities for many new buyers! Now lenders can go as high as a $729,750 …

Several luxury Baltimore condominiums have received awards from the National Association of Home Builders. Among them, Silo Point was recognized as a community of the year, recognizing work in marketing, design, and residential real estate sales.

You can get a great deal with an Baltimore foreclosure, but you have to be aware of a few things. Baltimore foreclosures are a great opportunity, but don’t go into the venture alone, especially if you are new to buying real estate.

The Federal Hill lofts remain a highly desireable Baltimore Loft condominium. These one and two bedroom residences range from 1700 to over 2000 square feet, boast open floor plans, soaring ceilings, and large light filled windows

The first time home buyer tax credit of $8000 is generating a lot of interest among potential Baltimore Condo buyers – and a lot of questions. What’s interesting for all home buyers is the various initiatives in states right now.

Here’s a new security feature – sculpted lions “guarding” your home. That is what you have at Lionsgate Bethesda. Two bronze lions sit at the front of the building on Woodmont Avenue and Old Georgetown Road. Bethesda is know for public artworks, and these sculptures created by John Dreyfuss of Washington DC are modern, distinctive, and certainly a distinguishing characteristic of the entrance of this supremely luxurious new Baltimore area condominium development.

Here at CondoDomain, we know that foreclosures offer our buyers tremendous savings. We have partnered with RealtyTrac to give our buyers great opportunities to save on Baltimore foreclosures. Looking through the data we now have on our site, here’s a few Baltimore foreclosure townhomes I really like for buyers.