These types of products have not been seen . . . Until recently! A few weeks ago, I heard the first rumblings of the much-loved in the "pre-market crash" 80/10/10 mortgage. This type of loan allows borrowers to put down 10%, take an 80% primary loan, and a 10% second mortgage, which can then be paid off separately. It's a great product if you can find it!... more
The FBI publishes statistics. Your local police departments will also have statistics.
But it gets pretty specific, sometimes almost block by block. In your case, the crime rate in Brookland might be different from the rate in Shaw, or Adams-Morgan, etc. Same with the surrounding areas. The crime rate in Fairfax County might vary depending on whether you're asking about Centreville, Annandale, McLean, or Springfield.
A number that just applies to D.C.--or to Northeast--isn't going to be enough to tell you what you want to know.... more
Hi DCwannabe - Chancellor's Row is being developed by EYA, and they are known in the DC Metropolitan area for building sustainable communities...I currently have clients purchasing homes there, and they are both in the mid $500K range. The developer is being reasonable with upgrades, and Brookland is a rapidly changing area, traditionally known just for Catholic & Trinity Universities, and mainly residential..Now it is budding with development! Please feel free to give me a call or email to discuss some more!
The abdo development will be built right along Catholic's southern campus. It will contain more than 80,000 sq feet of retail space, and student and artist living as well. You can check the latest development news on their website
Exit Elite Realty
Any lender should provide you a GFE (Good Faith Estimate) in writing. It should vary depending on the lender fees. Average is about 2.6%. See this post for more details: http://activerain.com/blogsview/239171/What-are-Buyers-Closing... more
You where asked to put an additional 5% down because you are in a soft market area? That makes no sense! You should take your G.F.E. to another lender and ask if they can 1 up your current lender. Good luck!... more