Leonard Wallace
Realty 1, Inc.
Greenbelt, MD
Broker/ President

301-982-0044
Contact Me

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Blog: Homeowner Information

Living Trusts

Estate planners often recommend Living Trusts as a viable option when contemplating the manner in which to hold title to real property. When a property is held in a Living Trust, title companies have particular requirements to facilitate the transaction. ... Read more

Environmental Issues

When purchasing a piece of property, it is important to be aware of any environmental liabilities associated with it. For example, you should find out if there are any registered underground tanks within several miles of the property, known contaminated p... Read more

Condominium and PUD Ownership

Builders, in an effort to combat the dual problem of an increasing population and a declining availability of prime land, are increasingly turning to common interest developments (CIDs) as a means to maximize land use and offer homebuyers convenient, affo... Read more

Mechanic’s Liens

The Mechanics’ Lien law provides special protection to contractors, subcontractors, laborers and suppliers who furnish labor or materials to repair, remodel or build your home. If any of these people are not paid for the services or materials they ... Read more

Mello-Roos

In purchasing your new home, your future monthly payments will be made up of principal, interest, real property taxes, and insurance. But what is the tax for the Community Facilities District, otherwise known as a Mello-Roos District? The Land Title Assoc... Read more

Understanding Foreclosures

It is an unfortunate commentary, but when economic activity declines and housing activity decreases, more real property enters the foreclosure process. High interest rates and creative financing arrangements are also contributing factors. When prices are... Read more

Common Ways of Holding Title

How Should I Take Ownership of the Property I am Buying? Real property can be incredibly valuable and the question of how parties can take ownership of their property is important. The form of ownership taken -- the vesting of title -- will determine who... Read more

Leonard Wallace
Realty 1, Inc.
109-B Centerway 
Greenbelt, MD 20770
Office: 301-982-0044
Contact Me

The ultimate resource for professional real estate information and services for both buyers and sellers in the Greenbelt and the surrounding communities.

Testimonials

Dear Leonard,

Just a Quick note to thank you for a job well done.

Both Betty and I appreciate very much your pleasant and professional attention to the sale of our townhouse. Our experience with some of your competitors left much to be desired, but once we placed our home for sale with you, things began to happen.

Thanks again, and our every wish for your continued success.


Thomas J. Coloe
Thomas J. Coloe
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