According to Hackronym, there was a huge real estate crisis in Baltimore that it is just now beginning to overcome. Foreclosure rates are dropping to the rate over about 7% as opposed to the previous year. The crisis brought about change to Maryland regulations that are designed to make buying a house an easier process. This change resulted in the average price of the final sale to rise about an average of 6% between the time frame of April 2015 and May 2016. Individuals that are interested in taking advantage of the post-crisis real estate market can find help from real estate professional Todd Lubar. He uses his years of expertise and skill to help many would-be first-time homeowners achieve their dreams.
In 1995 Todd Lubar graduated from Syracuse University. He received a bachelor’s in speech communication and shortly after realized that he wanted to work in the real estate field. He focused his attention on conservative mortgage banking. This experience led him to make many important contacts in a variety of industries including finance and real estate.After his initial work in the real estate market, he accepted a position as a broker with Legacy Financial Group. He had an estimated 100 million per year loan volume while he worked with Legacy Financial. He operated his loans as a direct mrtgage bank would because of his outside investors. He decided to create Legendary Porperties LLC which is a residential development company. They buy properties that need a renovation and the resell them for a profit.
He opened Charter Funding and served as Senior Vice President after working with Legendary Properties. Charter Funding is a branch of First Magnus Financial Corporation and has seen a tremendous amount of growth, in part, due to his contacts that he formed while working in the conservative banking sector. Todd Lubar is the President of TDL Global Ventures LLC as well as the Sr. Vice President of Legendary Investments currently. More details can be found on his LinkedIn.