First-time Homebuyers Archives - Federal Title & Escrow Company

DC Tax Abatement Income, Purchase Price Thresholds Increase

Written by Federal Title on 2020-10-05.

Officially known as the Lower Income Homeowner Exemption Program, DC Tax Abatement delivers a large tax savings to first-time homebuyers who qualify.

What’s the Benefit of the Maryland First-time Homebuyer Tax Credit?

Written by Nikki Smith on 2018-04-05.

What’s the Benefit? The Maryland First-Time Homebuyer Credit exempts the buyer from paying the State Transfer Tax. Qualifications* All homebuyers must be individuals (cannot be a trust or other entity) who have never owned in the state of...

What’s the status on B21-0417, aka The First-time Homebuyer Tax Benefit Amendment Act of 2015?

Written by Nikki Smith on 2016-04-11.

Legislation that would offer tax relief for District residents buying DC real estate is currently under committee review and awaiting scheduling for a mark-up, a spokeswoman for the Council's Committee on Finance and Revenue said. Known...

Fewer hands in the pie means more pie to go around

Written by Federal Title on 2016-03-14.

Happy Pi Day! What better day than Pi Day to remind homebuyers about all the hands in their "pie" so to speak when it comes to real estate closings. It's no surprise that everyone wants a piece of the proverbial pie, from the real estate...

Headlines: The real estate roller coaster; 7 mortgage myths debunked

Written by Guest on 2014-12-10.

Here's a look at what's happening in real estate in the District of Columbia and beyond. Buying trumps renting in Washington A Washington resident making the region's median household income is spending an average of 18.1 percent of monthly...

5 marketing ideas for real estate agents from Close It!™

Written by Guest on 2014-11-17.

The best real estate agents are constantly on the look-out for ways to better market themselves to their home buyers. And while the latest report shows it's 34% more affordable to buy versus rent in the DC metro area, many would-be homebuyers...

Headlines: Best October in 9 years; how to woo first-time homebuyers

Written by Guest on 2014-11-12.

Here's a look at what's happening in real estate in the District of Columbia and beyond. The key to fueling first-time homebuyers Purchases by first-time homebuyers fell to the lowest level in nearly three decades—just 33 percent this year,...

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

Written by Guest on 2014-11-05.

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...

Scheduling a settlement date is a contractual obligation for homebuyers

Written by Guest on 2014-02-12.

An often overlooked provision in paragraph #6 of the GCAAR Regional Sales Contract provides that the “Purchaser agrees to contact the Settlement Agent within 10 Days after the Date of Ratification to schedule Settlement and to arrange...

Supplemental tax bill catches some Maryland homebuyers off guard

Written by Guest on 2014-01-08.

When people purchase a home, especially for the first time, many practice their due diligence and find out the amount of the present tax bill and proposed insurance in order to calculate their closing costs and future expenses in addition...

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Tag: First-time Homebuyers

DC Tax Abatement Income, Purchase Price Thresholds Increase

What’s the Benefit of the Maryland First-time Homebuyer Tax Credit?

What’s the status on B21-0417, aka The First-time Homebuyer Tax Benefit Amendment Act of 2015?

Fewer hands in the pie means more pie to go around

Headlines: The real estate roller coaster; 7 mortgage myths debunked

5 marketing ideas for real estate agents from Close It!™

Headlines: Best October in 9 years; how to woo first-time homebuyers

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

Scheduling a settlement date is a contractual obligation for homebuyers

Supplemental tax bill catches some Maryland homebuyers off guard

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For Immediate Release: Attorney-facilitated online closings

DC Tax Abatement Income, Purchase Price Thresholds Increase

Without title insurance, new homeowner pays special assessment

For Immediate Release: Attorney-facilitated online closings

DC Tax Abatement Income, Purchase Price Thresholds Increase

Without title insurance, new homeowner pays special assessment