Free app calculates closing costs
Free app calculates closing costs [May 28 2013]
Condominium rider: What is it, why does my lender require me to sign it?
If you’re buying a condominium, one of the documents you will be required to sign in connection with your loan is a “Condominium Rider.” This rider is an attachment to the document recorded in the land records to secure...
Condo fees and closing: Why do we care?
If you’re buying a condo, Federal Title needs to make sure condo fees are collected and paid current by the seller at closing.
This is because a new owner is personally liable for a prior owner’s unpaid fees, and unpaid fees can...
My parents are going to be on title with me. Can I still qualify for the DC Homestead Deduction?
If you are buying a property in DC and otherwise qualify for the Homestead Deduction, you will still qualify even if your parents, who live somewhere else, are co-owners with you.
As a benefit to homeowners living in a property as their principal...
DC home prices rise. How does that impact cash to close?
One of the lead stories in the Washington Post’s real estate coverage yesterday was the jump in DC metro area home prices – up a whopping 7.7 percent, the biggest increase in seven years.
For those who own homes in the District...