ARCHIVED BLOG POSTS

2009 

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....
04/30/2009
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...
04/27/2009
  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...
04/27/2009
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...
04/26/2009
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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...
04/24/2009
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...
04/22/2009
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...
04/21/2009
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. ...
04/21/2009
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...
04/19/2009
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...
04/17/2009
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James Downing - Metro DC Houses Team REALTORS®, CRS, GRI, ABR,MRP, MilRes

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