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

301-982-0044
Contact Me

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Blog: Title and Escrow

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

Closing and Title Costs

It’s the big day. The day you go to the title or escrow company, sign your name on the dotted line, hand over a check and prepare to take ownership of your new home. It’s also the day that you and the seller will pay “closing” or... 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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