Condos · Federal Title & Escrow Company

Condominium By-Laws: Why are they so important?

Written by Federal Title on December 18, 2017.

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,...

Headlines: Consumers don’t shop for mortgage, title services enough

Written by Guest on February 25, 2015.

Here's a look at what's happening in real estate in the District of Columbia and beyond. Why DC's housing inventory shortage will continue 'for the foreseeable future' A recent uptick in the number of homes on the market hasn’t been enough...

Headlines: Title problems can snag your closing; pre-printed real estate contracts can get you fined

Written by Guest on January 28, 2015.

Here's a look at what's happening in real estate in and around the District of Columbia. Title problems can snag your closing The unexpected unreleased mortgage lien rears its ugly head all too often, according to those of us charged with...

Headlines: The case of the incredibly shrinking first-time homebuyer demographic

Written by Guest on November 5, 2014.

Here's a look at what's happening in real estate in the District of Columbia and beyond. First-time homebuyers hit lowest level in nearly 30 years The U.S. economy is improving, employment is growing and home prices are recovering, but first-time...

Headlines: Rule change may lower down payment requirement to 3%

Written by Guest on October 22, 2014.

Here's a look at what's happening in real estate in the District of Columbia and beyond. Navigating the wide world of mortgage overlays The word "overlay" in the context of home loans refers to the mortgage approval standards that lenders...

Headlines: Close It! makes a splash; $1M condos at The Wharf

Written by Guest on August 20, 2014.

Here's a quick look at what's happening in real estate around the District of Columbia. Record income gap fuels US housing weakness The income gap between America's richest and poorest metropolitan regions has reached its widest on record,...

Condominium rider: What is it, why does my lender require me to sign it?

Written by Guest on June 13, 2013.

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?

Written by Guest on June 12, 2013.

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 limited common elements: Know what you’re buying

Written by Guest on February 11, 2013.

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...

Homebuyers: Do you know what you are buying?

Written by Guest on August 27, 2012.

While this would seem to be obvious, purchasers should pay close attention to exactly what they are buying. I am not referring to inspection issues, I am referring to something that seems obvious, but does occasionally come up as a problem. Here...

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Tag: Condos

Condominium By-Laws: Why are they so important?

Headlines: Consumers don’t shop for mortgage, title services enough

Headlines: Title problems can snag your closing; pre-printed real estate contracts can get you fined

Headlines: The case of the incredibly shrinking first-time homebuyer demographic

Headlines: Rule change may lower down payment requirement to 3%

Headlines: Close It! makes a splash; $1M condos at The Wharf

Condominium rider: What is it, why does my lender require me to sign it?

Condo fees and closing: Why do we care?

Condominium limited common elements: Know what you’re buying

Homebuyers: Do you know what you are buying?

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