Blog about Homebuying & Selling Property

Exclusion rules of home sales

Written by Federal Title on 2010-01-03.

In 1997 Congress enacted the law which states if you own and live in your home for two years, you can take an exclusion of up to $250,000 ($500,000 for a married couple filing jointly) for the old "replacement residence" rules. Unlike the...

Like-kind Exchange

Written by Todd Ewing on 2010-01-03.

The exchange of real property for other real property (a "like-kind" exchange) may be a nontaxable event. To be a like-kind exchange, the property you transfer (the "Exchange Property") and the property you acquire (the "Replacement Property")...

Dual agency

Written by Federal Title on 2010-01-03.

There is a lot of confusion about Dual Agency, who can represent whom, what arrangements are legal, what paperwork needs to be completed etc. Keep in mind that Maryland requires full agency disclosure while DC and Virginia only encourage...

Homeowners insurance for condos

Written by Federal Title on 2010-01-03.

When it comes to insuring a condo, the rules are a little different since the homebuyer is sharing walls, ceilings, floors etc. Be sure your homebuyer realizes the "Master Policy" the condominium association provides probably does not cover...

9 marketing tips for real estate professionals

Written by Federal Title on 2010-01-03.

Everyone has to market their services, even when business is booming and you don't think you can handle anymore business. However, there will come a time when business is no longer booming, and all the leads seem to go no where. Start building...

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Exclusion rules of home sales

Like-kind Exchange

Dual agency

Homeowners insurance for condos

9 marketing tips for real estate professionals

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