If you are considering purchasing a condo, it is important that you read through all the condominium documents that have been provided by the seller for your review. You will be provided with what appears to be an overwhelming amount of paperwork,...
Maryland law requires the seller to provide specific information pertaining to the resale of property within a Homeowner’s Association (HOA) or a property designated under a condominium regime.
Typically, this information is produced by the...
Housing outlook 2014: 10 predictions from the expertsForbes
In 2013 the housing recovery was a welcome bright spot for the economy: prices were shooting up, fewer homeowners were underwater, and builder confidence was finally on the upswing....
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...
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...