Today, reverberations from the ongoing real estate crisis still echo throughout the Baltimore, Maryland area. However, there are some positive signs that the real estate industry in Baltimore is improving. Within the last year, foreclosures have declined by approximately 7 percent in the metro area, and the median home sales price climbed 6 percent to $243,000.
Maryland modified many of their rules and regulations following the mortgage crisis in 2008. They focused on making rules that consumers could easily comprehend. That may explain why foreclosures were far less in the state of Maryland as compared to other states.
Todd Lubar excels in all aspects of real estate, beginning his lustrous career in 1995. He always had a keen interest in the real estate business, as well as a compassion to help others, which lead him to a successful career in the industry. He joined the Crestar Mortgage Corporation, working as a loan officer. During his stint there, he became a financial expert in conservative mortgage banking.
In an article on Hackronym, throughout his 12 year career in real estate, his main objective was to assist clients that were less likely to receive loans from average institutions. This motivated him to become the founder of Legendary Financial, LLC. He has an uncanny ability to asses risks associated with loans due to his extensive experience of more than 7,000 transactions.
Todd Lubar founded Legendary Properties, LLC, in 2002, which deals with residential development. He profited on over 200 homes by purchasing, updating and then selling them. In 2003 he created Charter Funding, correlated to one of the biggest mortgage firms in the country, First Magnus Financial Corporation. Part of his success can be attributed to forming a tight bond with people in all facets of the building trade.
Todd Lubar was raised in Washington D.C. and attended high school at Peddie School in New Jersey. He then went on to graduate from Syracuse University, earning a B.A. degree in speech communication. Currently, he resides in Bethesda, Maryland with his two children. During his free time, he enjoys reading, traveling and spending quality time with his family. More details can be found on LinkedIn.