Foreclosures: They are everywhere and Washington DC is no exception.  While the District itself has not been hard hit; some parts of the city have a good number of foreclosed homes and some of the Maryland and Virginia Suburbs have a good supply. On one of my previous posts about  Bank Addendums....
As I sit with my Monday Morning coffee thinking of a revalent topic to blog about; a Real-Time event happens that I want to share! As I hear my the 'chirp' from TweetDeck (a cool Free, Downloadable application); I see a Tweet from an agent in a not-so distant part of Maryland.  He is asking me if...
  Current Number of Homes Active and Under Contract in the Washington DC area: Here is the breakdown as of April 27th, 2009 Inventory continues to decrease in most area.  More importantly - the number of homes Under Contract are also climbing.   Here are the number of homes on the market includin...
Fantastic College Park Home 4605 Clemson Road, College Park, MD 20740 View Map Immaculate, finely furnished 3-4 BR/2.5 BA single family home, 2800 sq.ft., in a highly sought-after, residential neighborhood, walking distance (7 minutes) to the Metro, and) to University of Maryland. Free parking i...
Renovated and Priced to Sell 810 52nd Street NE, Washington, DC 20019 View Map This duplex home has been updated and looks very nice! Two nice-sized bedrooms, renovated kitchen and bathrooms look great. Complete with hardwood floors and ceramic tile in the kitchen. New windows and Central Air is...
GREAT Studio in Foggy Bottom 522 21st Street NW, Unit #911, Washington, DC 20006 View Map Large Sunny & Bright Studio located in the heart of Foggy Bottom. Beautiful wood floors plus a huge closet make this place perfect. Convenient bike storage and laundry located in building. ELECTRIC, A/C, HE...
Every day, more and more Realtors are learning that the dreaded "Bank Addendum" - is a big mess! When a buyer goes to buy a home; Realtors write the purchase agreement on a Standard Purchase Contract.  This contract is written by; and updated often; by hoards of Lawyers.  These forms vary by stat...
Almost 6 weeks ago; we placed an offer on a Foreclosure.  Not a short-sale; which we know can take months; but a honest to goodness Foreclosure.  It was vacant. in good condition, the should have been easy. The bank responds within a few days with a counter-offer.  We accept with a minor change. ...
Landlords taking the Rent and not paying the Mortgage; is also a Washington DC problem.  This is something everyone who rents should be aware of and proceed with caution. If you get a "late notice" saying the home is being foreclosed upon; DO NOT - take the owners word for it that it's a "mistake...
This week I met with a wonderful lady who owns a beautiful home in the burbs of Virginia.  When we spoke on the phone and I asked her a few questions; I had an idea this might be tuff; but not having seen the home and doing some property-specific research; I was not sure how tuff this would be. T...

James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes

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