Vacant Property Tax, ‘Economic Interest Tax' on Co-operatives Focus Now On "Blighted" -- But Wait For Final Release From October 1, 2008 to September 30, 2009, the District of Columbia taxed vacant properties at $10 per $100 of assessed value (rather than the residential tax rate of $.85 per $100
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10/19/2009
Third Quarter Results Show Prices Stabilizing, Confidence Building Led by a surge in single-family sales, new contracts for all residential properties jumped a very impressive 38% from last September. Nine months into 2009, combined sales are 13% ahead of those at this point in 2008 and the gap
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10/19/2009
"It's all about my clients ... " When clients engage me, either with the renowned Washington brokerage of W.C. & A.N. MillerREALTORS®, exclusive affiliate of Christie's Great Estates, or with Sloans & Kenyon in its marketingassociation for their luxury real estate needs, they find my ser
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10/02/2009
Careful Consideration Needed Before Removing Homes from Sale Listings In May and June, many sellers, who saw little buyer interest during the Spring market at the prices they were seeking, removed their homes from the market. They feared home values had not stabilized or would not meet their exp
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09/18/2009
To Discourage Rush Closings, Reduce Last Minute Rescues, and Cut Down Closing Table Changes Both buyers and sellers need to be aware of the changes brought about by the HVCC (see article below) and the Housing and Economic Recovery Act (HERA), which goes into effect July 30, 2009. HERA is intend
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07/28/2009
Available for ANY Home at ALL Income Levels How do you buy a house in need of repair and finance the repairs all at the same time? Most mortgage financing plans provide only permanent financing. That is, the lender will not usually close the loan and release the mortgage proceeds unless the cond
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07/13/2009
What the Home Valuation Code of Conduct (HVCC) Means to You Both sellers and buyers must be aware of the Home Valuation Code of Conduct (HVCC) legislation recently enacted in response to the mortgage crisis brought on by lenders who took unacceptable risks. This is a legislative effort to create
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07/13/2009
I will hold an Open House this Sunday for this beautiful Darnestown estate NEW PRICE: Offered for $1,249,000 $1,099,000!!- 13520 Deakins Lane, Darnestown, MD 20874 (outside Potomac off Seneca Road between River Road and Esworthy Road). Just imagine! 8.25 bucolic acres just outside Potomac is th
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06/23/2009
You've heard it before, the three most important attributes of real estate -- 1) Location, 2) location, and 3) location. Real estate is local. In these economic times, some experts will tell you that in your neighborhood or general location now is not the time to sell your home. But selling m
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06/07/2009
Early 2009 Market Results: Increased Activity for Buyers and Sellers We are two-thirds of the way through of the 2009 Spring Market, and we have had a roller-coaster of regional activity - some areas have popped up in sales, others suddenly are flat - on both sellers' and buyers' sides. The news
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06/04/2009
