It started early this year, and so far, there is no letup. Ugh! Recently, I listed a pretty house in my neighborhood. Within five minutes of going live, my iPhone started to dance around my desk. And over the next few days, people were lined up waiting to get in. ...
Continue ReadingA lot of the condominiums for sale in the District are in buildings erected after 1940 that have wood parquet floors. And when they go on the market, the sellers have often buried the parquet under new floors that look like wood. And in some newly constructed and renovated houses and ...
Continue ReadingOK, I have nothing against escalators, at least not the ones that get you from Ladies Handbags to Housewares at Bloomingdales. But when you are planning a strategy that will win a bidding war, so called “escalator clauses” are tool that’s a necessary evil to win your next home. In ...
Continue ReadingIf you want to find out the value of your automobile, there is an app for that. Just pull up Kelley Blue Book’s web site, and you can get a very close estimate of what the value is for any model in any condition, whether you plan to trade it in ...
Continue ReadingNo doubt about it. We are in a really goofy real estate market in the Washington, DC area. And if you want to move, finding the perfect house is a whole lot easier than buying the perfect house. And buyers who haven’t been in the market for a while are finding the current ground rules ...
Continue ReadingLast week, I got an email from a lender who offers a “Certified Home Buyer” program to help in a bidding war against cash buyers. Now, that got my attention! In typical real estate markets, cash buyers are not always that competitive. They tend to be professional investors or flippers, in ...
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