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Buying a newly renovated house

Written by Federal Title on 2013-02-15.

I am putting in an offer on a recently renovated house and I am not sure the sellers got permits. Is there a way to protect myself in the contract? Buying a newly renovated house is always an adventure. What do you ask for and what don’t...

Condominium limited common elements: Know what you’re buying

Written by Federal Title on 2013-02-11.

Condominium ownership is really popular in DC, Maryland, and Virginia. Here at Federal Title, condominium sales make up about 25% of our transactions. Most people buying a condominium understand the basics – you’re buying a unit, and you...

Round-up of recent changes to DC metro area transfer, recordation taxes

Written by Federal Title on 2013-02-06.

As Todd mentioned in his blog post earlier this month, the biggest ticket item for closing costs for a real estate purchase in DC can be the transfer and recordation taxes collected by the DC government. The same holds true for...