Went out with a client of mine to look at potential investment property. We were informed of the mold. Well, we were in for a surprise. We elected not to venture into the house fully. We just stayed on part of the main floor. Take a look and see for yourself. Make sure to protect… Continue Reading
The Cairo building was completed in 1894. After completion, it was the tallest building in Washington DC. During that time, in the US, skyscrapers and tall residential buildings were being built. However, given that the new trend had not been tested with time, congress as well as the public developed an uneasiness in regards to… Continue Reading
DOPA: the District Opportunity to Purchase Act. It has been designed to promote Rental housing affordability in DC. DOPA helps with affordability by helping maintain the current number of affordable rental housing in DC as well as increase it. DOPA applies to properties of 5 rental units and more with at least 25% of the… Continue Reading
A French drain is a trench covered with gravel or rock containing a perforated pipe that steers water away from an area. A French drain can be installed indoor or outdoor. The purpose of a French drain is to capture water and transport it away from the property. By doing so, water infiltration in the… Continue Reading
Rates have been improving lately. lower rates can help lower monthly payments or Help qualify for a higher price point.
From my discussion with a lot of clients, there is a common thought which is the need to save prior to purchasing a house. It is a good thought to want to save. However in today’s market with a lot of programs available to facilitate home ownership. I have been explaining why waiting to purchase… Continue Reading
Reading a real estate contract can be confusing at time. Below are some common terms used in a contract. Offer: Drafting a contract with terms satisfactory to the buyer. An offer consists of a contract with all contingencies and a EMD. an offer is not a contract until it is fully ratified by both sides.… Continue Reading