MLS #: DC10048760            

Price: $499,000

Bedrooms: 1

Bathrooms: 1

Square Footage: 768

Style: Traditional          

Walk Score: 98

Open House: Sunday 9/10, 1-3pm

VIEW LISTING

Classic style meets modern convenience! This newly renovated condo has two exposures, a private entrance and secured patio! The open layout invites an abundance of natural light throughout the entire home. New custom kitchen features granite countertops, stainless appliances, Bosch fridge and separate wine cooler for entertaining. Brand new flooring throughout the entire home. Even the water heater, washer / dryer and recessed lighting are brand new!

 

…

1288 Views, 0 Comments

Read Full Post

BUCHANAN PARK
Capitol Hill

Site Plans Site Plans Buchanan Townhomes Buchanan School Living Room Bedroom Rooftop Deck

Address: 13th & D Streets NE

Type: Condos and Townhomes

No. of units: 41 condos, 32 townhomes

Affordable Housing: N/A

Type of Unit: One-, two-, three-bedroom condominiums and three- and four-bedroom townhomes

Price: 500

Status: Selling

First Move-in: 2017

Developer: Ditto Residential and Insight Property Group

Buchanan Park, a community now under development located at 13th and D Streets SE, has become a neighborhood within a neighborhood, with plenty of landscaped green space, lots of lovely outdoor gathering areas and walkways to connect the…

3014 Views, 0 Comments

Read Full Post


Tips and tricks to becoming a standout seller in the DMV.

Even in a seller's market, achieving the highest possible sales price for your home is all about thoughtful preparation. First off, minimize or eliminate potential objections. No matter what market you're in, curb appeal still matters, so take extra steps to ensure buyers first impression of your home is a positive one. Keep the yard looking its best, paint your porch, clean the windows, pick up trash around the neighborhood if you have to! The same applies if you live in a condo. When addressing curb appeal, keep any eye out for anything in your control that would detract from initial impressions of your beautiful abode.

Once you've tacked curb appeal, it's about getting all the small…

1523 Views, 0 Comments

Read Full Post

An overview of title insurance when it comes to owning a home.

When you buy your home, you receive a deed, which shows that the seller transferred their legal ownership to you. Legal ownership is called the “title.” Title insurance protects you in case there is any legal trouble down the line.

Title insurance is crucial when it comes to completing your home purchase. It protects you and the lender from the possibility that your seller (or previous sellers) don’t have total ownership of the house and/or property. If they don’t, they may not be able to transfer full ownership over—but title insurance prevents that from happening.

A couple of questions to ask about title insurance include “is the seller pushing a specific title company?” or “who do…

18130 Views, 0 Comments

Read Full Post

DC Open Doors Program
DC Open Doors Program offers first-time and repeat home buyers a Down Payment Assistance Loan that does not need to be paid back.

DC’s Housing Finance Agency, or the DCHFA, reconfigured its DC Bonds program called “DC Open Doors,” for new first time home buyer assistance, four years ago this summer. The program, which has given over $200 million in down payments for homes in the city, is now even more accessible. Those working in DC who want to live downtown but have trouble making the down payment can utilize this program.

The program and its funding are available to first time home buyers and repeat home buyers. The DC Open Doors Program is constructed around what’s called a “Down Payment Assistance Loan,” one that doesn’t have to be paid back.…

2153 Views, 0 Comments

Read Full Post


The pros and cons of the Federal Housing Administration (FHA) loan.

At times homebuying can get overwhelming, especially when it comes to loans. We’re here to make things easier for you by sharing the pros and cons of FHA loans.

FHA loans are government insured loans from the Federal Housing Administration. This means FHA guarantees your loan but doesn’t actually lend out the money. When you take out loans, they need to be with FHA approved lenders. Some benefits of FHA loans include less down payment required, more forgiving debt to income ratio and less restrictions on bankruptcy and foreclosure.

One of the main advantages of an FHA loan is that a very large down payment is unnecessary. Loans can be as low as 3.5 percent, which is great for…

1816 Views, 0 Comments

Read Full Post


The District of Columbia Association of REALTORS®(DCAR) announced the First-Time Homebuyer Tax Benefit has been passed and funded by the DC Council. The First-Time Homebuyer Tax Benefit allows first time home buyers in DC to pay a .725% recordation tax on homes no more than $625,000 that earn less that 180% AMI beginning this October.

So what exactly does that mean?

First let’s talk about the recordation tax. Recordation tax is part of various closing costs and based on the purchase price. If the sale price is $399,999 or less than the DC transfer and recordation tax rate is 1.1%. Sales of $400,000 and above are taxed at the rate of 1.45%. For example, if you bought a $250,000 home in DC, the buyer and seller would each pay $2,750 in DC transfer…

3877 Views, 0 Comments

Read Full Post


Condominium Warranty Regulations is a program in DC that helps protect buyers of newly constructed condominiums.

Condominium Warranty Regulations, a program launched a few years ago in D.C. aims to protect buyers of newly constructed condominiums. It stays in effect for two years after the settlement date of the first condo in the new building. What happens is 10 percent of the total cost of construction is put aside as a condo warranty bond. The Department of Consumer and Regulatory Affairs (DCRA) and your respective condo association can ask for money from it to aid in structural issues to your unit that may come up.

It is important to remember a couple key pointers, when buying a brand new condo, especially given the amount of real estate that…

2988 Views, 0 Comments

Read Full Post


DC Council introduced a bill that will exempt owner-occupied, single family homes from TOPA laws with certain parameters.

The 1980 Tenant Opportunity to Purchase Act (TOPA) was created out of the Rental Housing Conversation and Sale Act. It is designed to restrict owner rights and provide benefits to tenants.  The benefits for tenants include the option to purchase as well as the ability to assign their right to purchase to a third party.

If you are considering buying a property that is tenant occupied or if you are thinking about renting your property out, you need to familiarize yourself with the Washington DC Tenant Opportunity to Purchase Act.  The process can be a challenge to navigate, so it is strongly recommended that you hire an agent or an…

2190 Views, 0 Comments

Read Full Post