Reisterstown
Real Estate
Prosecutors aim to seize Marilyn Mosby's Florida property as she's sentenced for mortgage fraud
BALTIMORE -- Federal prosecutors have asked to seize former Baltimore State's Attorney Marilyn Mosby's Florida condo, according to new court filings. Prosecutors argue that because the Florida condo was purchased using the fraudulent mortgage loan Mosby acquired, the condo is eligible for forfeiture. The government asks that any appreciation of the condo's value and anything Mosby repaid the lender should also be subject to forfeiture. However, Mosby would get her $47,000 down payment back when the government sells the property. The court scheduled an asset forfeiture hearing for May 23, the same day Mosby is set to be sentenced for perjury and mortgage fraud. Mosby would get the $47,000 down payment she paid back when the property sells, but she is not entitled to anything she repaid the lender, the filing says. Mosby, who served two terms as Baltimore City State's Attorney before losing re-election, is the latest in a long line of city officials who have been convicted of crimes including two former mayors and two former police commissioners in the past 25 years.She faces up to 40 years in prison for her perjury and mortgage fraud convictions, but with her history, it is unlikely she will serve the maximum sentence.
New Maryland bill gives Baltimore leaders new tool to fight vacant property crisis
BALTIMORE - Baltimore City has a new tool to fight the vacant property crisis by being allowed to foreclose on more vacant homes. A Maryland bill signed by Gov. Wes Moore allows local jurisdictions to tax vacant properties at a higher tax rate."It's dangerous for the community. It's dangerous for the kids," East Baltimore resident Rayshawn Davis said.Davis showed WJZ a building on North Avenue that had been vacant for 12 years."You can see around us, there's a lot of vacants," Davis said. "I'm afraid for my home with this bad house sitting here, you know? And, there's a lot...
Perkins Homes transforms into Perkins Square with multiple types of housing
The construction fence came down at Caroline and Pratt streets a few days ago and revealed a new, renamed Perkins Homes neighborhood. It’s now being marketed as Perkins Square and there are fresh and shiny apartment rectangles faced with light colored siding and aluminum entry doors. Those old boxy brick 1940s public housing courts have vanished. It’s a squeaky clean new environment, sitting ...
Councilmember applauds new state bill imposing higher property tax rate on vacant buildings: 'Game changer'
BALTIMORE - Gov. Wes Moore signed a major bill into law that allows local jurisdictions in Maryland to impose higher property tax rates on structures and lots that are vacant and abandoned.Baltimore City Councilmember Odette Ramos says this is a huge step toward tackling the vacant housing issue in the city.Ramos tells WJZ this now paves the way for Baltimore City leaders to introduce a vacant property tax in the city which will hopefully force the owners of the city's more than 13,000 vacant homes to either redevelop them or hand them over to the city.Longtime Baltimore City resident Cornett...
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