Legal Question in Real Estate Law in Maryland

You are considered a first time home buyer if you have never owned residential property in MD which you occupied as your principal residence. In that case, the .5% state transfer tax is reduced to .25% and paid by the seller. If you do not qualify, typically each party pays half of the full tax, although the parties can negotiate who pays what part in their contract.

Short answer is "yes" assuming there are not multiple beneficiaries to the same property. A review of the estate should be performed and then I can work to assist you with qualifying for home ownership. I will need your financial information and will work closely with you to improve your ability to assume title based on market financing. Contact me to discuss your options.