Close It!™ House of the Week: Sophisticated urban living in LeDroit Park

We're swanking things up for this week's installment and checking out a luxurious Victorian semi-detached home that's achieved centenarian status in LeDroit Park. This home went on the market this week for $1.249 million.

This house offers two decks that overlook a private yard that is large enough for entertaining. In addition to 3 bedrooms and 2.5 bathrooms, this house also has an English basement that can be rented out to supplement the mortgage payment.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $284,417.34. Monthly payments will then be around $5,461.90 per month. For a complete picture of the cash to close, including the seller's side of the transaction, try the Web version of Close It™ or download the free Close It™ iOS app.

Close It!™ House of the Week: Contemporary, luxury condo on 14th Street Corridor

We stumbled across a gorgeous 6th floor condo that's just a couple blocks from Federal Title's new office on 14th Street. It's a spacious 665 square foot 1-bedroom condo that offers sweeping views of the city and a central, walkable location that's tough to beat. It's listed at $465,000.

Located in the contemporary condo building known as The Ashton, this unit is on the quiet side of the building in Logan Circle along the booming 14th Street Corridor. It offers hardwood floors and stainless steel appliances and an in-unit washer/dryer. Luxurious touches such as marble counters, custom cabinetry and a spa-like bathroom – not to mention breathtaking views – are just some of the amenities this unit has to offer.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $107,886.81. Monthly payments will then be around $2,394.04 per month, including the HOA fee. For a complete picture of the cash to close, including the seller's side of the transaction, try the Web version of Close It™ or download the free Close It™ iOS app.

Refinancing home loan will require new lender's title insurance policy

Refinancing home loan will require new lender's title insurance policy

For those who closed with Federal Title in the recent past and who may be considering refinancing their mortgage, we'd like to let you know we can provide you substantial savings on your closing costs.

In addition to providing a reissue rate discount on your title insurance premium, Federal Title also offers repeat clients a $200 credit applied toward settlement fees. When you order settlement services through our website, you can save an additional $100.

We'd like to remind you that it's your legal right to choose your own settlement service provider. Often times borrowers are not aware or informed of this right and end up spending more on closing costs than they should.

Get a free and anonymous Quick Quote from us and see how it stacks up to your mortgage lender's title company.

As you may know, we are the leading independent title company serving the DC metro area, and our settlements are conducted by licensed attorneys – not inexperienced notaries. Our online reviews tell our story.

Close It!™ House of the Week: Beautiful restoration near one of the District's hottest 'hoods

This week we're heading over to one of the hottest neighborhoods in the District to check out a 2-bedroom condo in a beautiful restoration of two row houses known as the Harper Condominium. On the market for about a week, it's listed at $649,900.

Located within walking distance to the Mount Pleasant and Adams Morgan neighborhoods, this unit is part of a boutique development of eight condos. Parking is available. The condo has a very affordable HOA fee of $155 per month as well as an open floor plan. The kitchen features granite countertops and a gas stove. It also comes with a washer & dryer and dishwasher.

Assuming a homebuyer puts down 20 percent on a conventional loan, her cash to close number will be approximately $148,330.14. Monthly payments will then be around $2,947.36 per month, including the HOA fee. For a complete picture of the cash to close, including the seller's side of the transaction, try the Web version of Close It™ or download the free Close It™ iOS app.

RSVP to our software demo of Create.io

Create is a Web-based application we recently discovered that is helping us improve how we do business. It occurred to me that other real estate pros might like to see how they can also benefit from this useful tool.

We have organized a live demonstration of Create and invite you to join us at our Friendship Heights office on Tuesday, March 1 at 10 a.m. to learn clever ways you can leverage this software to improve your real estate business. Click here to RSVP.

The application provides excellent insight into the District’s inventory of real property – residential and commercial. It's essentially a clickable 3D map of the city. Click on any building to get a highly detailed report of the property, including such things as ownership, zoning and permits.

Beyond the property itself, Create offers a snapshot of current market conditions and the people currently living in the neighborhood: average household income, educational attainment, cars per household, average commute times and more. We've found this information to be useful for tailoring marketing strategies to the specific audiences and neighborhoods where we work.

I reached out to the developer of this nifty tool, Stefan Martinovic – who told me Create is generating buzz with nearly every active brokerage, developer and investment company in town – and asked him to present a live demonstration at our Friendship Heights office on Tuesday, March 1 at 10 a.m. Click here to RSVP.

In the meantime, you can test the application for free by heading over to Create.io from your desktop browser. Stefan is also offering a 40% discount on the premium subscription with the promo code "CreateLove."

  • Ways to save at closing

    Title charges are the largest chunk of closing costs and can vary by hundreds of dollars.

    Learn more

  • What are closing costs?

    The real estate closing process involves loan steps, legal steps and title steps.

    Learn more

  • What's title insurance?

    Insure your legal ownership just like you'd insure the building, but for lots cheaper.

    Learn more

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Our blog contains general information only, not intended to be relied upon as, nor a substitute for, specific professional advice. Rate tables and figures that appear on our blog are deemed reliable but not guaranteed. For current rates & policies, refer to our Quick Quote and Consumer Guide. We accept no responsibility for loss occasioned to any purpose acting on or refraining from action as a result of any material on our blog.