The D.C. Real Estate Guide

“As with any decision, people should use their resources.”

A real estate transaction is a transaction of choices: the selection of an agent, an asking price, an offer amount, etc. The choices I have selected to discuss today include the selection of a title company and a lender. With thousands of lender options and a handfull of title companies here in the Washington, DC area, what title company and lender should you use?

If you are about to close on the sale or purchase of your property, you will need to let the utility companies know when you need the utilities transferred. If you don’t do this (from a sellers perspective), you will be paying for another parties utilities and your own. If you don’t do this (from a purchasers prospective), your utilities will get turned off once the sellers stop paying for their old utilities.

Are you a property owner or a first-time homebuyer? The District of Columbia offers several programs to assist property owners and first-time homebuyers; however, many eligible people aren’t aware of these programs. With some research, you can find all of the Distrcit of Columbia real property tax relief and tax credit programs.

“Don’t think of the market in terms of good/bad or buyer’s/seller’s market. Think of it as ‘what strategy can I employ to have a succesfull real estate transaction based on the current market conditions?”

Have you ever asked a real estate agent, “How is the Market?” Well, the answer to this question is it a little more complicated than the generic “good/ bad” or “buyer’s/seller’s market” answer people often receive; however, the answer is only a few stats away.

If you are considering renting out a room, basement, or entire unit, there are several laws you need to know about to avoid fines and even jail time.

If you are considering renting out a room, basement, or entire unit for some additional income, there are several laws you must know about to avoid a sticky situation down the road, including a tenant that refuses to leave when you are trying to sell, fines, and even jail time! DC Landlord/Tenant Laws address the proper procedure regarding receipts, security deposits, inspections, evictions, the sale of rental units, etc.