Homebuying competition drops in D.C. real estate market The stories about homes for sale receiving multiple offers, contracts with waived contingencies and properties purchased sight unseen may soon be coming to an end. Rising interest rates, inflation,...
Real estate tax and escrow/reserves explained… Homebuyers and refinancing homeowners are often confused at closing about their mortgage lender escrow/reserve requirements. Typically if a homebuyer’s down payment amount is less than 20% or a refinancing...