Tag: first time homebuyer

For a first time homebuyer, the homebuying process may seem daunting. We’ll help you understand the process from start to close.

Popular $5,000 DC Homebuyer Tax Credit for first-time buyers not renewed for 2012 tax year

Written by Federal Title on 2013-01-08.

This credit no longer exists however you can find the LATEST information here on DC’s Newly Enacted First-Time Homebuyers Recordation Tax Reduction program. Del. Norton working to re-instate tax credit that has existed since 1997 First-time...

Colorfule Bloomingdale, DC Rowhouses under blue sky with white puffy clouds

How to compare title insurance service providers in DC, MD & VA

Written by Federal Title on 2012-06-12.

Pending home sales in the Washington, DC metro area are nearly as high as they were two years ago when the $8,000 federal first-time homebuyer tax credit was still in effect, another sign that the market is poised for a turn-around.That’s...

What is an earnest money deposit?

Written by Federal Title on 2012-03-22.

An Earnest Money Deposit, more commonly known as an EMD, is one of the first steps in the home buying process. Today I will discuss the EMD and how quickly should one be deposited. An EMD is essentially a good faith deposit to demonstrate...

Simplifying homebuyer closing costs in Maryland

Written by Federal Title on 2011-10-03.

How much will I need for closing costs? You hear this question from your homebuyers a lot, right? Below I have provided a quick reference for calculating closing costs in Maryland. With the exception of lender origination charges or...

Maryland first-time homebuyer state transfer tax exemption: Denied!

Written by Federal Title on 2011-04-18.

If you are purchasing a home in Maryland as a “first-time homebuyer,” and you intend to take title in the name of your revocable trust, or another type of entity, you can forget about realizing the benefit of the Maryland First-Time Homebuyer...

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Tag: first time homebuyer

Popular $5,000 DC Homebuyer Tax Credit for first-time buyers not renewed for 2012 tax year

How to compare title insurance service providers in DC, MD & VA

What is an earnest money deposit?

Simplifying homebuyer closing costs in Maryland

Maryland first-time homebuyer state transfer tax exemption: Denied!

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