While you may be watching mortgage rates rise (the average 30-year fixed rate currently hovering around 7 percent) and the number of homes to choose from on the lower end, there is one important concept to consider— buying a home in Metro DC is still a better investment than renting. We know that buying a […]
In our last blog post, we shared how you can save money when buying a home in Metro DC— including tips on getting a low down payment and browsing foreclosures, auctions, and short sales. But there are more ways to make your dollar stretch even further when buying homes in the DMV and we’re sharing […]
So, you think you want to buy a fixer upper home in Bethesda, Chevy Chase, Washington DC, or Northern Virginia? While your dreams of renovating a property may be driven by what you’ve seen on real estate or home improvement television shows, it’s important to remember that the reality of updating a home from start […]
As a buyer in Washington DC, Bethesda, Chevy Chase, and and Northern Virginia, it is essential to consider all costs association with your new home. Everything from maintenance to renovation, repairs and closing costs should be factored in to ensure that you do not have any surprises or worries down the road. But if you’re […]
Homebuyers in today’s real estate market may have fewer properties to choose from than they have in the past, but they do have two important choices— existing home or new construction. Existing, as you may have guessed, are lived-in homes while new construction offers the option to be the first owner, occupant and at times, […]
No matter where you live—Washington DC, Bethesda, Chevy Chase, or Northern Virginia—the upcoming spring season is often a busy time to buy a new home. The weather is ideal, you can take advantage of mortgage rates before they rise again, and and you can settle into your new property before the summer starts. However, with […]
It’s the end of the year and that means new goals are being made for many Metro DC residents. One of these goals may include buying a home— making the switch from renting to homeownership! It’s an exciting time for Washington DC area buyers to jump into the market, although with mortgage rates higher than […]
When shopping for homes in Washington DC, Bethesda, Chevy Chase, or the surrounding areas, there are dozens of features to look over and factors to consider. For instance, how many bedrooms does the property have? What does the yard look like? How close is the home to your workplace? What are the school districts like? […]
While you may have seen dozens of real estate reality TV shows that make it look as simple as touring three homes and then choosing the best one, there is so much more to house hunting in Metro DC. In fact, there are a few rules of thumb to follow in order to avoid any […]
Did you know the majority of today’s homebuyers aren’t aware of closing costs? You may find that you have prepared for homeownership with your down payment and even have your first month’s mortgage ready in your bank account, but this very important set of costs is commonly overlooked. As your local real estate experts in […]