Tag: Tips or Advice

$3,000: personal check limit at closing

The Federal Title & Escrow Company team will make every effort to provide its clients with a precise Cash to Close amount, in advance of the closing date, so our clients can arrange for a wire transfer or obtain a cashier’s check for...

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5 safety tips for real estate agents

A female real estate agent who was preparing to show a vacant property in New Carrollton, MD was robbed on Monday, according to news reports. It appears the attacker took her purse and some personal items, but the woman will be O.K. While...

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Avoid the DC recapture tax ‘surprise’

If you are an agent listing a property for a decedent’s estate/personal representative in DC, help your client and the prospective purchaser avoid a potential big surprise – the real property recapture tax. DC Office of Tax and Revenue has...

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Split closings are (almost) never a good idea

The other day I handled a split closing – the buyer used Federal Title & Escrow Company and the seller used another title company – and things did not go so smoothly. A closing already has many different parties involved: buyers, sellers,...

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Property tax relief for seniors

Did you know that the District of Columbia provides a substantial discount on real estate property taxes for seniors? If eligible, a senior can save 50% on his or her property tax bill. Further, the threshold for the income level was...

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Real estate predictions for 2014

Demand will remain high and the cost of homebuying will increase for homebuyers in the Washington, DC metro area.LIMITED HOUSING INVENTORY is the biggest driver of the DC region's housing market, says Federal Title & Escrow Company's...

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