Baltimore Ground Rent

[Mark McGarry]

This is very Baltimore specific - fellow Baltimore real estate owners, what is your experience with ground rent?  Do you pay it with escrow or just directly to lease owner? 

I just found that a ground rent owner is required to sell to a property owner and that the sale price is set by law.  For me this would work out to a breakeven point of about 8.5 years.  Based purely on this, I'm inclined to buy out the ground rent owner just to simplify our lives. 

Does anyone have any idea what this would do to resale value of the home - owning the actual property outright as opposed to owning the building and ground renting?