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 | 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 Scott Sweitzer | May 9, 2018 | Legal, Prime, Real estate, Settlement, Uncategorized
Avoid These 5 Common Mistakes to Make Sure Your Settlement Goes Smoothly There are lots of things that can go sideways at settlement. We see it all the time. Realtors (particularly newer ones) make innocent mistakes that cause valuable deals to fall apart, or put them...
by Scott Sweitzer | Feb 13, 2018 | Legal, Prime, Real estate, Settlement
Imagine this scenario: An unwed couple decides to purchase a home together. After a few years in the house, they split, not-so-amicably, leaving a long list of questions about what to do with the shared property: Could one buy the other out or would they have to sell?...
by Prime Editorial Staff | Sep 16, 2017 | Legal, Real estate, Settlement, Uncategorized
Prime Settlement recently received an email from the District of Columbia Land Title Association (DCLTA) and thought it was critical enough to share more widely as we conduct these kinds of transactions every day: “You may have heard a report last week on WAMU,...
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...
