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Assemble a Winning Homebuying Team

How to assemble a winning homebuying team

Written by Federal Title on 2012-05-25.

Let’s face it: When it comes to buying a house, title insurance is likely the farthest thing from your mind. After all, there are so many steps along the path to homeownership that you’ll take before you find your way to the settlement...

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What is an earnest money deposit?

Written by Federal Title on 2012-03-22.

An Earnest Money Deposit, more commonly known as an EMD, is one of the first steps in the home buying process. Today I will discuss the EMD and how quickly should one be deposited. An EMD is essentially a good faith deposit to demonstrate...

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Adding a buyer to a purchase deed

Written by Federal Title on 2011-12-21.

Several times a month, attorneys at Federal Title are presented with the following scenario: My buyer wants to add his wife/girlfriend/parent/child to the deed at closing. Can you just add him or her to the deed when we come in to sign? The...

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Changes in store for GCAAR Regional Sales Contract

Written by Federal Title on 2011-11-08.

The GCAAR Regional Sales Contract is widely accepted and used in the Washington, DC metro area as the standard real estate sales contract. As of January 1, 2012, some changes are going to alter the contract significantly. In response to...

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Simplifying homebuyer closing costs in Maryland

Written by Federal Title on 2011-10-03.

How much will I need for closing costs? You hear this question from your homebuyers a lot, right? Below I have provided a quick reference for calculating closing costs in Maryland. With the exception of lender origination charges or...

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