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

301-982-0044
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Blog: Title and Escrow

Understanding Preliminary Reports

After months of searching, you’ve finally found it -- your perfect dream home. But is it perfect? Will you be purchasing more than just a beautiful home? Will you also be acquiring liens placed on the property by prior owners? Have documents been r... Read more

Statements of Information

What’s in a name? When a title company seeks to uncover matters affecting title to real property, the answer is, “Quite a bit.” Statements of Information provide title companies with the information they need to distinguish the buyers ... Read more

Understanding Title Insurance

What is title insurance? Newspapers refer to it in the weekly real estate sections and you hear about it in conversations with real estate brokers. If you’ve purchased a home you may be familiar with the benefits of title insurance. However, if this... Read more

Creative Financing

Creative financing: You’ve heard of it, and, as a seller, the idea sounds pretty attractive. But, do you know everything you need to know about carrying back a second; essentially, about becoming a lender? You better know the same things that financ... Read more

Why Do You Need Title Insurance?

Title Insurance. It’s a term we hear and see frequently - we see reference to it in the Sunday real estate section, in advertisements and in conversations with real estate brokers. If you’ve purchased a home before, you’re probably fami... Read more

The Functions of an Escrow

Buying or selling a home (or other piece of real property) usually involves the transfer of large sums of money. It is imperative that the transfer of these funds and related documents from one party to another be handled in a neutral, secure and knowledg... Read more

Required Reporting to the I.R.S.

Sellers of real property will have certain information regarding the sale reported to the Internal Revenue Service. This required reporting is a consequence of the Tax Reform Act of 1986; it is intended to encourage taxpayer compliance and aid in audit a... 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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