Our employee spotlight shines on John Slupe, Branch Manager and Settlement Agent for Ashburn, Leesburg and Winchester. Keep reading to learn more about John, his family and his journey to and with Highland Title + Escrow. John was born in Western Pennsylvania and raised in Springfield, Virginia. … [Read more...] about Shining Our Employee Spotlight on John Slupe, Branch Manager and Settlement Agent for Ashburn, Leesburg and Winchester
Loan Assumptions
Ideally, a buyer enters the housing market with a pre-approved loan and searches for a home based on that loan amount with specific mortgage rates. However, with rising interest rates, a buyer may be looking for ways to obtain a lower interest rate. One of those ways is by assuming the seller’s … [Read more...] about Loan Assumptions
1031 Exchanges
Highland Title, Blog Images, Feb 2023 (1) A 1031 Exchange, also referred to as a Starker Exchange or a Like-Kind Exchange, is a way, pursuant to 26 U.S. Code Section 1031, for an investor to sell an investment property and purchase another investment property while deferring the capital gains taxes. … [Read more...] about 1031 Exchanges
Homeowners Associations and Condominium Owners Associations: A Brief Guide
Homeowner Associations (HOAs) and Condominium Owner Associations (COAs) play an important role in real estate transactions. In the Commonwealth of Virginia, the seller must provide the buyer with an HOA and/or COA resale packet. Therefore, buyers and sellers must know their responsibilities and … [Read more...] about Homeowners Associations and Condominium Owners Associations: A Brief Guide
Why Home Appraisals are Important
Home appraisals are a process through which an unbiased, licensed real estate appraiser assesses a home for its fair market value. When entering a real estate contract, buyers often hear two terms during settlement. Appraisal - The appraisal is essentially the lender’s valuation of the … [Read more...] about Why Home Appraisals are Important
Shining Our Employee Spotlight on Don Kipps, Branch Manager and Settlement Attorney at Highland Title + Escrow’s McLean Office
Don Kipps, Branch Manager and Settlement Attorney at Highland Title + Escrow’s McLean office, is the focus of this month’s employee spotlight. The Highland Title + Escrow team enjoys sharing information about the people who make their company successful and ensure a positive settlement experience. … [Read more...] about Shining Our Employee Spotlight on Don Kipps, Branch Manager and Settlement Attorney at Highland Title + Escrow’s McLean Office