RECENT BLOG POSTS
Shari Walker | Keller Williams | 202-731-1594 3110 Wisconsin Avenue NW, #401, Washington, DC Sunny, updated 1 bedroom across from the National Cathedral 1BR/1BA Condo offered at $315,000 Year Built 1934 Sq Footage 585 Bedrooms 1 Bathrooms 1 full, 0 partial Floors 1 Parking None Lot Size Unspecif...
03/15/2010
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Previously, if a condo building had not already been pre-approved by FHA, the FHA buyer would have to go through a "spot approval" process, wherein the particular unit the buyer wished to purchase would be cleared for FHA financing. Recently, FHA did away with the spot approval process, causing ...
03/15/2010
It looks like this really is the end for the great tax credit that has been allowing first time home buyers - and now repeat buyers - to get a huge financial incentive for purchasing. First time home buyers will receive an $8,000 dollar-for-dollar fully refundable tax credit (this means, if your...
03/15/2010
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Most of my first-time home buyers are using FHA financing, taking advantage of the 3.5% down payment and attempting to close in time to receive the $8,000 federal first time home buyer tax credit (which is available until 11/30). They have heard it is a buyer's market and a great time to buy. W...
09/14/2009
Dan Phillips of Huntsville, Texas, began his construction company in 1997 with a plan to provide low income citizens with affordable housing. Like many, he found the solution of mobile homes as affordable housing an unattractive backdrop to any town. Realizing that landfills are full of unused ...
09/14/2009
MAY 2009 SALES 3925 Davis Place NW, #B-6 Studio/60 DOM CLOSE PRICE: $207,000 $207,000 2655 41st Street NW, #B-3 1 BR/1 BA/43 DOM CLOSE PRICE: $208,000 $214,900 4100 W Street NW, #410 1 BR/1 BA/103 DOM CLOSE PRICE: $226,500 $229,500 4100 W Street NW, #415 1 BR/1 BA/67 DOM CLOSE PRICE: $23...
06/16/2009
A bill was introduced to the Senate on June 10th by Georgian Republican Johnny Isakson and co-sponsored by Senate Banking Committe Chairman and Democrat Chris Dodd which would raise the current federal first time homebuyer tax credit from $8,000 to $15,000. It would also eliminate many of the cu...
06/16/2009
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This is a great article illustrating the projected economic growth expected in the Washington DC Metro area over the next few years thanks to the federal government when other major cites are seeing a decline: http://news.yahoo.com/s/bw/20090220/bs_bw/feb2009db20090219655989
02/23/2009
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NEW YORK (Reuters) - Interest rates on standard U.S. 30-year mortgages dropped in the latest week to levels just shy of record lows as concerns of a deepening recession boosted the appeal of fixed-rate investments, Freddie Mac said on Thursday. The average fixed 30-year mortgage rate declined to ...
02/23/2009
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Our mortgage parnter, Prosperity Mortgage, is now offering 100% financing for veteran's up to $625,500!!!! For sales prices over $625,500 the downpayment is 25% of the amount over $625,500. Provide us with a certificate of eligibility from the Department of Veterans Affairs for this fantastic loa...
01/06/2009