Activity is Robust, But For How Long?

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The spring selling season is bursting with activity as buyers take advantage of low interest rates. Real estate professionals are reporting increased showings and properties going under agreement quickly, often within days.
If you have …

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A Word from Paul Valentino, President of Coldwell Banker Residential Brokerage, Mid-Atlantic A Word from Paul Valentino, President of Coldwell Banker Residential Brokerage, Mid-Atlantic

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What a year 2009 turned out to be! We have seen unprecedented financial changes globally, nationally and locally in the past 18 months. Yet despite everything going on, the DC Metro real estate market shows …

HUD-1 as a GFE “Tie-in:” Day 4 HUD-1 as a GFE “Tie-in:” Day 4

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From the Mid-Atlantic Settlements Blog. Thanks guys!
(This is Day 4 of 12 in a series called “The 12 Days of RESPA Reform” which will run until December 31st. For a full list of RESPA topics, …

What the New GFE “Isn’t” — Where’s the PITI and the Cash to Close? – Day 3 What the New GFE “Isn’t” — Where’s the PITI and the Cash to Close? – Day 3

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From the Mid-Atlantic Settlements Blog. Thanks guys!
(This is Day 3 of 12 in a series called “The 12 Days of RESPA Reform” which will run until December 31st. For a full list of RESPA topics, …

The Good Faith Estimate as an “Estimate:” Day 2 The Good Faith Estimate as an “Estimate:” Day 2

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From the Mid-Atlantic Settlements Blog. Thanks guys!
(This is Day 2 of 12 in a series called “The 12 Days of RESPA Reform” which will run until December 31st. For a full list of RESPA topics, …

12 Days to RESPA Reform: Day 1 12 Days to RESPA Reform: Day 1

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From the Mid-Atlantic Settlements Blog. Thanks guys!
We’ve all heard the news: The new RESPA rules, including new forms and practices surrounding the Good Faith Estimate (GFE) and the HUD-1 Settlement Statement, start January 1st, 2010. …

Homebuyer Tax Credit Summary Homebuyer Tax Credit Summary

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First Time Homebuyer Amount of Credit

$8,000 credit

– ($4,000 married filing separately)
First Time Homebuyer Eligibility

Must not have had interest in a primary residence in the last 3 years

Current Homeowner Amount of Credit

$6,500 refundable credit

– $3,250 (married …