ARCHIVED BLOG POSTS

2010 

This is a fantastic property in the Logan Circle neighborhood !  A beautiful space with Parking - a must have in this neighborhood.     Property listed by: Susan McNeil of Coldwell Banker Residential Brokerage      
06/29/2010
I am still amazed at the low interest rates for a home mortgage.  I remember when I bought my 1st home in 1996 I had a mortgage interest rate at 8.75% and I was told how great that was.  Well it was considering there were times of 12-14% interest rates! With interest rates in the 4.5% range; Home...
06/29/2010
  WOW - This is amazing.  Darn scary actually.   Is there progress among servicers in the short sale world? REO Insider recently reported on how Deutsche Bank ranked top mortgage servicers based on short sale timelines. Here's how the rankings shook out based on mortgage type and average time to ...
06/28/2010
  This is an interesting chart; depicting how many of the properties Under Contract in the DC Metro area are actually Short Sales. As we all know; most Short Sales sit Under Contract for months and months ; and many others never make it to closing.   The question here is; How Many of these will ...
06/28/2010
-writing this blog from the car while waiting..._Clients and Realtors complain about each other; just like I am sure every other customer/client and service professional relationship there is.I often hear of Realtors saying how clients do not respect their time.  This is a re-occuring comment and...
06/26/2010
4 Comments
So my business partner and I plan a short business trip combined with a day of R and R in New York City.Fun times.Of course we all know Real Estate is 24/7.     In comes crisis #1:       A client has a death in the family. We need to move the inspection up a day.  We get the inspector to switch a...
06/26/2010
15 Months into working a short sale listing, my business partner gets the Green light from our favorite bank: Bank of America.Then it happens:  The title company discovers a 50k Heloc (Home Equity Line of Credit) on the property.  The seller never disclosed this : but wait - it's with Bank of Ame...
06/26/2010
Buying a Home is a big deal - HUGE deal.  Many 1st time buyers are very nervous; it's to be expected.I currently have a wonderful 1st Timer who always says; "I need a lot of hand-holding" and apologizes for it.It's OK !  That is part of my job as her agent.  Hand-holding is part of it -But the bi...
06/25/2010
2 Comments
This is the Diner on Broadway near Times Square where the servers sing - and they are pretty darn good !!    
06/25/2010
So many home buyers often struggle with this same question:  Do I want to live IN the City - or IN the Burbs? Most people in our area equate this question to meaning living IN the District (Washington DC) vs. living in places such as Arlington VA, or Bethesda MD. Now there are parts of Northern V...
06/20/2010
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James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes

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