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For most people, finding the right home in Salisbury, Maryland is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Salisbury, Maryland lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Salisbury within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Salisbury that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Salisbury is the county seat of Wicomico County, MarylandGR6. The population was 23,743 at the 2000 census. It is the principal of and is included in the Salisbury, Maryland Metropolitan Statistical Area, which is included in the Salisbury-Ocean Pines, Maryland Combined Statistical Area. The city it is the commercial hub of the Delmarva Peninsula and is sometimes called "the Crossroads of Delmarva." Salisbury University is located there, as is the Wicomico Youth and Civic Center. The city is a sister city of Salisbury, Wiltshire, England. The city is served by daily scheduled commercial airline service at the Wicomico Regional Airport. On the Wicomico River, it has the second largest commercial port in Maryland. -- Source: Wikipedia.com
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Census Data for Salisbury, Maryland
| Salisbury | Maryland | United States | |
| Population | 23,743 | 5,296,486 | 281,421,906 |
| Median age | 29.4 | 36 | 35.3 |
| Median age for Male | 28.1 | 34.9 | 34 |
| Median age for Female | 30.7 | 37 | 36.5 |
| Households | 9,061 | 1,980,859 | 105,480,101 |
| Household population | 21,353 | 5,162,430 | 273,643,273 |
| Average household size | 2.36 | 2.61 | 2.59 |
| Families | 4,804 | 1,359,318 | 71,787,347 |
| Average family size | 3 | 3.13 | 3.14 |
| Housing units | 9,612 | 2,145,283 | 115,904,641 |
| Occupied units | 9,061 | 1,980,859 | 105,480,101 |
| Vacant units | 551 | 164,424 | 10,424,540 |
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