Jim Downing

I'm a:	Real Estate Professional
Company:	Coldwell Banker
Location:	Washington
Web sites:	DC Real Estate News
	Search the MLS Database
Phone:	703.244.3971

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About Me

I am a Licensed REALTOR and Accredited Buyers Representative in the Washington DC Metro area. I work in Washington DC, Virginia and Maryland.

My specialties include helping First-Time Home Buyers and People Relocating in and out of the Washington DC area.

Please let me know how I may help you in your next more - or if you simply have a Real Estate question!

James T. Downing
REALTOR, ABR
Licensed in Maryland, Virginia & Washington DC

703.244.3971 Direct
Jim@JimDowning.com Email
www.JamesFindsHomes.com

Coldwell Banker Residential Brokerage
5028 Wisconsin Ave NW
Suite 100
Washington DC 20016
202-362-5800 Main Office
Licensed in DC,MD,VA

Testimonials

"Thank you for everything. I knew I could count on you for your professionalism, quick resolutions and to go out of your way to get things done. It really meant a lot to me. Thanks so much!"
Lise Tue Dec 4, 2007

"It was a pleasure working on this transaction with you. You were so organized and prompt with everything. Thank you and we hope to do business with you again."
Pat; Coldwell Banker Tue Nov 20, 2007

"Thanks again for getting my condo sold so fast, especially since the market was so bad right now, I feel lucky to have found you to help me!"
B. Plemons Thu Nov 1, 2007

"I am so so glad you were my Realtor. You helped me every step of the way. I had no idea how many details there were to the whole process. Thanks again!"
E. Thurston Wed Aug 1, 2007

"Jim-- a huge thank you for being a terrific realtor and guiding us so well. The whole experience was a pleasure and we enjoyed our time together. We raise our glasses to you and again say thank you for everything."
Jill & Steve Sun May 20, 2007

"Thank you for your hard work and dedication. I will call you again and sent any friends I have your way."
S. Jossell Wed Sep 20, 2006

"This was the first home buying experience for both of us and James walked us through the entire process from start to finish. To ensure that we understood every aspect of the home buying experience, James took the time to learn more about us as individuals so that he could mold his search qeuery specifically to our needs/wants. James helped ease many of the questions and uncertainties we had as first time home buyers and remained professional throughout. We truly felt like more than just a client with James. To this day we drop his name to all friends and family searching in the capital region."
M. Johnson Sun Aug 20, 2006

"It was very comforting to work with you and that meant a lot to me. Thanks for all your help and the priority you must have given to selling the apartment. I will certainly consult with you for any future real estate needs and recommend you to people I know. Again, thank for your professional, customer oriented services."
E. Jones Thu Mar 15, 2007

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Jim Downing's Questions (0)

Jim Downing's Answers (90)

I have a single family home I purcahsed as a rental. The contractor took me for a ride. Now the home is

Asked Sat Jul 19 2008, 12:20 by Ballentine - Ballentine Place - Home Selling - 8 answers

Jim Downing answered:

A short sale will only work if you are behind in your mortgage payments. Also, while not as bad as a foreclosure - it is VERY damaging to your credit. I would rent it for as much as possible and wait out the market. - Sat Jul 19 2008, 12:33

What is the time frame of 7 day inspection contingency in MD? The contract was ratified July 9 at about 4pm

Asked Wed Jul 16 2008, 12:29 by Gabismama - Maryland - Home Selling - 3 answers

Jim Downing answered:

The day the offer is ratified is day 0. The next day is day 1. The contingancy ends at 9pm on Day 7 (July 16th) - Wed Jul 16 2008, 12:35

Is it customary for a real estate agent to allow a buyer to have only one contract on a house at a time? (I

Asked Tue Jul 1 2008, 12:14 by Jeff - Maryland - Home Buying - 9 answers

Jim Downing answered:

I would never allow a buyer to have more than 1 contract at a time; unless they could buy both homes. - Tue Jul 1 2008, 12:37

I recently read an article that mentioned very few houses advertised as short sales actually result in a

Asked Fri Jun 27 2008, 18:13 by Jeff - Maryland - Home Buying - 6 answers

Jim Downing answered:

Foreclosures are MUCH easier to purchase than short sales. I have attempted 2 short sales in the past 9 months for clients. One buyer bailed after waiting for 4 weeks for an answer; another after waiting 6 weeks.

Foreclosures usually take 2 or 3 days (tops) for an answer to an offer.

The short sale process is broken. Period. - Fri Jun 27 2008, 18:23

what breaks a contract to buy?

Asked Mon Jun 23 2008, 14:22 by Racquel - Maryland - Home Buying - 6 answers

Jim Downing answered:

Alison - Call your Realtor, a Reltor in the DC area or an attorney. What breaks a contract in another state has NO revelance to what breaks a contract in your area. - Mon Jun 23 2008, 15:38

Alison - There are many ways; it really depends on what contingencies are written into the contract. Typically you would have x # of days for a Home Inspection, Appraisal or in the case of a condo or property with a HOA; you have 3 business days in DC, to review the documents - which you may break the contract.

If you have no contingnacies; typically the only way is by agreement of all parties. - Mon Jun 23 2008, 15:11

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