by Prime Editorial Staff | Aug 25, 2018 | Industry, Legal, Local, Prime, Real estate, TOPA
Recent changes to the Tenant Opportunity to Purchase Act (TOPA) mean that single-family rental properties are now exempt from TOPA – except in very specific circumstances. In general, this means if you’re the owner of a single-family rental property, you no longer...
by Prime Editorial Staff | Jul 16, 2018 | Industry, Local, Real estate, Settlement, Trends
Everything is going digital these days, including home lending and home closings that used to require lengthy in-person meetings and signing with a pen in the physical presence of a notary. This could mean big changes for your real estate business. According to the...
by Prime Editorial Staff | Jun 6, 2018 | Industry, Legal, Local, Real estate, Settlement
Spring is historically the season with the greatest number of properties under contract in the DC metro area, which means now is a great time to take advantage of this liquidity and put property on the market. Owners and investors who are ready to cash out—whether for...
by Prime Editorial Staff | Oct 24, 2017 | Industry, Local, Real estate
The DC housing market has been a seller’s market for quite some time outside of a few select neighborhoods. But even with high demand and limited inventory throughout the city, getting someone to actually part with their property can be challenging. Many realtors can...
by Prime Editorial Staff | Aug 15, 2017 | Industry, Local, Real estate
Since 2016, a tax amendment has been in the works in DC that has the potential to save first-time homebuyers thousands of dollars in closing costs. The “First-time Homebuyer Tax Benefit Amendment Act of 2016” awaits only the signature of Mayor Muriel Bowser to be...
by Prime Editorial Staff | Feb 26, 2017 | Industry, Legal, Local, Settlement
From the historic cobblestone streets of Georgetown to the shimmering sidewalks of City Center, it’s no wonder why Washington, D.C. is the highest ranked city to live in the Northeast by U.S. News and World Report. 2017 continues the renaissance of DC’s historic...