Starting October 1st, the DC Recording tax will be reduced to 0.725% for first-time homebuyers. Qualifying is not as simple as Maryland’s first-time homebuyer exemption; whereby, each homebuyer must simply be a first-time homebuyer of a principal residence to qualify. This enactment also imposes a few additional hurdles, including purchase price limitations and limits on household income. In general, the recordation tax will be reduced to .725% if: Each grantee (i.e., homebuyer taking title) has never owned a principal residence Continue Reading
One DC condo left. 1010 Mass Ave is under contract, woo hoo! So set your sights on Georgetown, mateys, and I’ll see you at Cafe Milano at the Madelon! UPDATE – SORRY, this one is gone also. Let me know if you’d like to put in a back-up offer!
Choices, choices One Bedroom Penthouse Condo in the Heart of DC Searching for light, views, contemporary finishes, and want to be in the middle of all that Washington DC offers? This is it. 1010 Mass Ave is a beautiful building that went up in 2007, and has been a desirable building ever since. This listing is a corner penthouse unit (PH 111), so you’ve got tons of light streaming in through the corner windows. All the finishes are exactly what Continue Reading
This article about some great areas to buy a condo was recently posted in Express Night Out, and features some comments by one of my wonderful clients, Joy. She found me here at this blog. So have you! And while I’m not mentioned in the section on DC condos, just had to let you know that a client of mine is buying a Logan Circle condo in this amazing building: Such a cool place. And in this article I did Continue Reading
Here’s a sneak peak at some DC properties that will be on the auction block Friday, January 30.