Article » Federal Title & Escrow Company

New simplified loan modification initiative announced to help troubled homeowners avoid foreclosure

Written by Federal Title on 2013-03-27.

Fannie Mae and Freddie Mac will offer a new loan modification initiative designed to help troubled borrowers avoid foreclosure and remain in their homes, according to an announcement today from the Federal Housing Finance Agency. Consequently...

Loan payoff includes more than just principal balance

Written by Joe Gentile on 2013-03-20.

In about half of the settlements that I conduct a seller will stop me and comment, “The payoff is too high, I owe less than what’s listed.” This is because the seller is confusing the mortgage principal balance with the payoff amount. The...

This app’s got your number

Written by Federal Title on 2013-03-06.

This app’s got your number Shopping for homes these days is as easy as downloading your favorite mobile app. The swipe of a finger brings up the latest listings with information like annual property taxes, estimated monthly payment...

block of colorful DC rowhouses beneath azure sky

Have a home inspection without placing a contingency in the contract

Written by Federal Title on 2013-03-05.

I want a home inspection, but I don’t want to put a contingency in my offer. How can I have it both ways? Since inventory is low in the DC area, most potential buyers do not want to remit an offer that has any contingencies. Many buyers find...

Q&A: Do I really need a land survey?

Written by Federal Title on 2013-02-28.

Q. What is a location survey? A. A location survey is a sketch or drawing that shows the boundaries of a particular property. Also, the survey typically includes the dimensions of the house, patio or any additions as well as the locations...

Check out the new closeitapp.com »

New simplified loan modification initiative announced to help troubled homeowners avoid foreclosure

Loan payoff includes more than just principal balance

This app’s got your number

Have a home inspection without placing a contingency in the contract

Q&A: Do I really need a land survey?

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