The D.C. Real Estate Guide

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. Keep reading →

“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 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. Keep reading →

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.   Keep reading →

Co-op owners do not own real estate because stock is personal property.

A co-op, short for cooperative, is a corporation that offers prospective purchasers shares of stock for the title to the land and building. The price of each stock is what the corporation sets for the price of each apartment.  Shareholders receive a proprietary lease for the duration of the corporation. Coop owners do not own real estate because stock is personal property.

Click on the following link to learn more about Coop ownership, board approval, financing, management, fees, underlying mortgages, tax benefits and resale.

What is a Coop?