When he was a child, Todd Lubar attended the Sidwell Friends School in Washington DC. After graduating from the institution in 1977, he moved on to the Peddie School located in Hightstown, New Jersey to do his high school studies. Todd then joined Syracuse University where he graduated with a bachelor’s degree in speech communication.
Todd’s desire to help people made him love the real estate industry. His first job was as a loan originator at Crestar Mortgage Corporation in 1995. He became a conservative mortgage banking guru while working there. He says that this skill gained at Crestar has aided him a lot in his life. His curiosity and desire to know everything in the real estate industry made him form friendships with insurance agents, real estate agents, and financial planners among others.
Todd joined Legendary properties in 1999. He used his skills to bring success to the firm. The position allowed him to expand his knowledge in the mortgage industry. http://www.toddlubar.com/links/
After seven years of working, Todd decided to go out on his own. He created Legendary Properties which is a residential development company. While creating the company, Todd formed good friendships with people in different areas of the building process. This made the company produce products of high quality in time.
After a while, Lubar opened Charter Funding. This was a subsidiary of First Magnus Financial Corporation. Through this affiliation, Lubar was able to take his enterprise to great heights.
After periods of high success, Todd felt like he needed to give back to society and he formed Legendary Financial which was an affiliate of Legendary Properties. Its main aim was to lend to people and firms who were sometimes not assisted by mortgage companies and banks.
Real estate industry in Maryland
The 2008 real estate crisis severely affected the nation. After a series of implementing consumer-friendly rules, the Maryland real estate industry has recently shown signs of recovery. These rules have decreased the rate of bank foreclosures. The median price of homes in Baltimore and its environs has also increased by six percent between April 2015 and May 2016.