Washington DC transfer and recordation taxes are part of your closing costs when buying or selling real estate. Payment of Washington DC transfer and recordation taxes are typically split between buyer and seller. Make sure you carefully exam your contract regarding who is paying the Washington DC transfer and recordation taxes. Purchasers often ask the seller to pay part or all of their Washington DC transfer and recordation taxes. Your lender should provide you with an estimated costs of closing. The HUD-1 should be reviewed thoroughly before settlement to understand who is paying for these closing costs. You can review a blank HUD-1 here. The taxes will be written into your HUD-1 on lines 1201 through 1206 and you can review this at the time of…
The Capital Park Team Blog
RSS FeedWelcome to the Rock Creek Realty blog!
Welcome to the Rock Creek Realty blog! My goal is to cover what’s happening in different neighborhoods throughout DC including upcoming events, tasty restaurants and reasonably priced bars, general real estate tips and, of course, Rock Creek Realty news.
We’ll start the first blog about a trip to Cleveland Park.
Last Friday night the wife and I had an impromptu date night. She makes the decisions (ha) and decided on sushi. We live in 16th St Heights and didn’t want to trek all over the city, so we headed over to Cleveland Park for some sushi rolls at Spices. Cleveland Park was alive with people, pets and cars creeping for a parking spot at 7:30pm on a Friday night. On the way to Spices we passed St Arnolds mussels bar, which was crowded, so we made a…