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District of Columbia Real Estate Law Lawyers

Frequently Asked Questions

  • Why Would a Lender Agree to a Short Sale?
    Banks and other lenders generally agree to short sales in order to avoid having to foreclose on a property and take it into their inventory. Most lenders would rather cut their losses and avoid a … more
  • Do I Qualify for a Short Sale?
    In order to sell a home in a short sale, the borrower generally must be able to show they are unable to pay their mortgage and currently are experiencing a financial hardship. An involuntary loss … more
  • How Does the Short Sale Process Work?
    The first step in a short sale generally is to contact your lender and determine what is required to initiate the process. You may also want to consult with and/or hire a Realtor, real estate … more

Legal Articles

  • What are 'Acts of God' clauses in insurance policies?
    Traditionally, homeowner’s insurance policies have contained an exclusion clause for damages caused by “acts of God”, a catch-all term that covers any sort of act of nature that cannot be controlled, like earthquakes or hurricanes. “Acts of God” also typically include damages as a result of war, i.e. a nuclear war. In recent years, however, there has … more
  • Quitclaim Deeds
    Transfers of property can be complicated and expensive. However, the law recognizes that not all property transfers are the same. For example, there are different concerns and needs when you purchase property from a stranger than when you transfer property among relatives.  Most real property transactions include the transfer of a general warranty deed that protects the … more

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How-To's

  • How To Buy a Home
    Buying a home can be complicated, but if you take things step-by-step, you will soon be holding the keys to your own home! Step 1: Figure out how much you can afford What you can afford will depend on your income, credit rating, current expenses and debt, the down payment you can afford to make and the interest rate.  Your interest rate may be set for the life of the loan or may fluctuate … more
  • Facing Money Problems? How To Avoid Foreclosure....
    Unfortunately, when facing unemployment, unexpected medical expenses, funding the care of a family member, or other financial strains, you may find yourself struggling to pay the mortgages and worry about loosing your homes in foreclosure.  The good news is, you can avoid foreclosure and keep your home if you know the right steps to take.  The Federal Housing Administration, a … more

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