Each week this office receives several inquiries from homeowners seeking to transfer title to their property. The scenarios include transferring title between spouses, between ex-spouses, between and among family members, transferring title to a revocable trust, transferring title to a LLC or corporation, and the list goes on.  Their two main questions are:  

1) Who do I hire to prepare and record the deed and transfer forms?
2) How much will it cost me?

The first question is simple since you should hire a licensed real estate attorney or a local title company to handle a title transfer. The second question is not simple and, in fact, can be very complicated when determining such things as “no consideration” vs. “consideration” transfers.

A recent article in the Washington Post describes why affordable housing is becoming harder to find, and it got me thinking about a pair of homebuyer programs that can help DC residents achieve their dreams of homeownership.

Saving for a down payment is no easy task. If you're going the FHA route, you'll have to come up with a minimum of 3.5 percent of the purchase price plus additional funds for closing costs (probably another 4-5 percent).

Refunds are always nice — even if it is just a refund of an overpayment, it still feels like new money.  

Sometimes certain circumstances arise that can lead to a homeowner paying his property taxes to the county twice. Usually a double payment of taxes to the county is caused by one of the following three reasons.

This article will help you obtain a refund (unless you prefer to donate your money to the county tax fund).

Title insurance covers losses & legal expenses you may incur should another party make a claim on your property.
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Title insurance explained...

Homebuyers often ask, "Why do I need title insurance?" Discover how title insurance works and why you need it.

Closing costs explained...

Whether buying a new house or refinancing your home, stay in control by understanding the closing process.