CLOSE IT! House of the week: A quiet condo available in Dupont Circle

We made our way to Dupont Circle to check out this quiet courtyard condo with one spacious bedroom, a spa-like bath, and a private balcony. This sophisticated yet elegant unit has hand scraped wood floors, walls of windows, and crown molding throughout. The high-end kitchen features stainless steel appliances and granite countertops for that aspiring chef. The building amenities are plentiful and include a gym, a rooftop deck, a party room, bike & rental storage, building security and more! This pad is considered a walker’s paradise because you are steps away from the Metro, restaurants, stores, and more. The property is listed at $349,340.

Assuming a homebuyer puts down 5 percent, their cash-to-close would be $28,036 and monthly mortgage payments would be approximately $1,531. You’ll also receive a credit of $750 when you choose to use Federal Title & Escrow Company for settlement services when ordered online. Additionally, for a complete picture of what your cash-to-close figures would be, including seller’s net proceeds from the sale and such, please view the Close It! Web version or download the free Close It! iOS app

Radon Testing in Montgomery County

Question from a client: The buyers are going to do a rebuild of their home. Is the seller still required to do a radon test or can we get an exception? 

Answer from an attorney: Montgomery County’s Radon Testing Requirement Act provides an exception that does not require radon testing when the “home is to be converted by the buyer into a use other than residential or to be demolished.

CLOSE IT! House of the Week: A House on the Hill in Brookland

Receive a $750 credit with Federal Title & Escrow Company

Make it a December to remember when you purchase this immaculate house on the hill in the subdivision of Brookland. This home features four sunlit bedrooms and five cozy bathrooms with panoramic views to watch your children play outside. The gourmet kitchen is fully loaded and includes granite countertops plus state-of-the-art appliances alongside a separate dining room for entertaining. You won’t have to worry about parking because you have your own driveway with a two-car garage – a priceless commodity in the district. You're also steps away from the Metro, stores, and dining so it’s easy to run errands or walk to lunch nearby. This property is listed for $999,000.

Assuming a homebuyer puts down 20 percent, their cash-to-close would be $225,975 and monthly mortgage payments would be approximately $2,969. You’ll also receive a credit of $750 when you choose to use Federal Title & Escrow Company for settlement services when ordered online. Additionally, for a complete picture of what your cash-to-close figures would be, including seller’s net proceeds from the sale and such, view the Close It! Web version or download the free Close It! iOS app

Food Drive to Help the Hungry

Food Drive to Help the Hungry

Federal Title has teamed up with the Capital Area Food Bank to help fight hunger in the DMV with food drives at both our office locations. Our goal is to contribute 50 pounds of their most wanted food with support from people like YOU. Please help support our mission by donating canned goods to either of our office locations mentioned below by Thursday, November 30, 2017.   

FRIENDSHIP HEIGHTS
5335 Wisconsin Ave., NW #700
Washington, D.C. 20015
 U STREET / LOGAN CIRCLE
1803 14th Street, NW, Third Floor
Washington, D.C. 20009

 

CLOSE IT! House of the Week: A Corner Condo in Georgetown

We made our way over to the other side of DC to view a Georgetown penthouse with major curb appeal. This corner condo can’t be missed because of its yellow exterior and castle-like structure. It has an opened floor plan with light hardwood floors, high ceilings, and plantation shutters that give the unit much charm. It also has two large bedrooms and one in a half baths with a soaking tub. The gourmet kitchen is roomy and includes stainless steel appliances, perfect for an aspiring chef. The unit is the largest in the building and has a private rooftop deck to enjoy those home cooked meals while overlooking the city. The property is listed for $775,000.

Assuming a homebuyer puts down 20 percent, their cash-to-close would be $175,494 and monthly mortgage payments would be approximately $2,241. However, for a complete picture of what your cash-to-close figures would be, including seller’s net proceeds from the sale and such, view the Close It! Web version or download the free Close It! iOS app

Feel free to tell your agent that you want to use Federal Title & Escrow Company for settlement and save up to $750 on closing costs by ordering services online. Always remember, it’s your choice in selecting a settlement company when it’s time to close. Learn more here.  

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  • What are closing costs?

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  • What's title insurance?

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

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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.