Posts under Tag: first time home buyer
How to Sell Your House Quickly

Are you like many sellers who want to know how to sell their homes in Bethesda, North west Washington, or McLean quickly and for top dollar? Unfortunately, there is no magic potion that guarantees 100 percent success, but there are certain factors that affect how quickly and for how much your home sells. If you need help implementing any of these, just give the Lise Howe Team a call.

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What’s New in Old Town

Everyone knows that Old Town Alexandria is a perfect blend of historical authenticity and urban sophistication along the Potomac River. George Washington, Civil War General Robert E. Lee, Jim Morrison, and Mama Cass Elliott called Alexandria home and the city still attracts visitors from near and far to enjoy this historic city. Since it was established in 1749, Alexandria has been a tobacco trading post, one of the ten busiest ports in America, a part of the District of Columbia, home to both the largest slave-trading firm in the country and a large free-black community, a Civil War supply center for Union troops, and a street-car suburb for Federal workers. Even though Old Town is known as a historic site, there are lots of new shops, restaurants, and events to draw you back to those cobblestoned streets!

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DuPont Has Us Spinning in Circles

Are you missing the snowball fights of last winter? Looking for information about Dupont Circle? Listings? History of the city? Best restaurants and shops? The Lise Howe Team is here with all that and more! Did you know that the history of Dupont Circle is not as old as the rest of the city? and that it wasn’t even called Dupont Circle originally? It was supposed to be called Pacific Circle! The intersection of Massachusetts, Connecticut, and New Hampshire Avenues with Nineteenth and P Streets was there on Pierre L’Enfant’s 1791 plan for the city, but the land that is Dupont Circle today was not part of the original purchase of land by George Washington for the Federal City.

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What do homebuyers want? According to a Trulia survey, buyers have some very firm ideas about what they are looking for when hiring a real estate agent. Honesty and credibility, area familiarity, good follow through, organization and good listening skills were important to buyers.

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A New Gallery Opens in Adams Morgan
FotoWeekDC has a new gallery

The citywide FotoWeek DCphotography festival last fall was a huge success. Building on its popularity, FotoDC promised to become a year-round organization in 2011. As part of that pledge, it has just opened a photography-focused gallery in Adams Morgan.

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It is not enough to get the Bethesda home for sale under contract with that pre-approval letter from your lender. You have to keep your credit intact between your initial loan application and settlement to close on the DC condo. Buyers, and not just first time home buyers, commonly do things that jeopardize the safe and timely close of their mortgage loans because no one ever told them about the bomb craters out there waiting to derail their settlement. The “don’t do” list includes several things that adversely impact credit scores, and your lender may run your credit more than once, so keep it pristine – at least until after settlement!

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Why Bother With a Buyer Agent for New Construction?
new construction

New construction can be wonderful too, but you need to go into the contract with your eyes wide open and with someone on your side. Make sure you bring along a buyer’s real estate agent – someone who works for you and is looking out for your best interest.

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How does My Buyer Agent Get Paid?

Agents who want to ensure that they have a legal and binding agreement that allows them to represent a buyer exclusively, and be paid for their efforts, will ask a buyer to sign an exclusive buyer broker agreement.

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Types of Closing Costs Explained

Some of your closing costs at settlement are variable, while others are non-variable fees, such as the transfer and recordation taxes. Both the types and amounts of variable fees and costs will vary greatly from one title company to another, and so you definitely should shop around. You might ask your Realtor or your lender for some suggestions.

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There might be a little bit of good news on the horizon according to the Mortgage Bankers Association (MBA). The MBA quarterly National Delinquency Survey revealed that the percentage of homeowners with mortgages who were in foreclosure or seriously delinquent fell during the first three months of the year, and improvement in the performance of loans taken out from 2005-07 suggests a sustainable trend.

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