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Adams Morgan : Real Estate Advice

  • All21
  • Local Info4
  • Home Buying0
  • Home Selling1
  • Market Conditions1

Activity 6
Thu Mar 16, 2017
Roselort asked:
Tue Jun 17, 2014
Charles Schreyer answered:
I wouldn't say agents are reluctant to show them, as much as it is an issue of going through the co-op board itself. Co-ops are very strict on who they accept and subject the client to an unbelievable amount of screening. They make them go before a co-op board for what is essentially an interrogation to see if they think they are worthy enough to live there. They have strict guidelines of who can live there and don't have to give a reason for rejecting an applicant. In many cases they charge a non refundable application fee which they keep even if you're denied. Not only that, but some places are so picky in the kind of people they want to live there, they will have a minimum income requirement which is way above the amount needed to afford the place. Personally, I think that's gross. The whole process of closing and getting approved itself can take months. In the end, it's just a very big headache and most agents are realistic about it. Not to say that they would avoid them altogether, it's just they know what the qualifications are for those co-ops and who will be able to get through the difficult expectations of board. ... more
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Fri May 16, 2014
Lanre Folayan answered:
Hello Annette,

How are you doing? Hope all is well. It has been close to six years since you first posted this question. Just wanted to know if you are still in the market to purchase a house or building for sale? http://www.buyandsellnewhomes.com ... more
0 votes 2 answers Share Flag
Sat Dec 21, 2013
Lanre Folayan answered:
Hello Gail,


I know it has been five years she you posted this question. Just wanted to know if you are still interested in DC areas/subdivisions where you think you would find foreclosures? Please don't hesitate to call or text me at 202-378-0283. And check out some of my DC Real Estate Market Reports at http://www.GetDCSold.com. Happy Holidays to you and your family. Take care.


Best regards.


Lanre Folayan-"THE REAL ESTATE FARMER"
Real Estate Professional
Keller Williams Capital Properties-ERNAL REAL ESTATE GROUP
801 D St NE
Washington DC 20002
(202) 378-0283 (Direct)
(202) 243-7700 (Office)
http://www.freelistofhomesforsale.com
http://www.buyandsellnewhomes.com
http://www.GetDCSold.dom
... more
0 votes 2 answers Share Flag
Mon Jul 23, 2012
Akil Walker answered:
Sun Jul 13, 2008
Lanre Folayan answered:
Go to www.buyandsellnewhomes.com and enter in the address of the property. Or send me an e-mail on my website and give me the address. I would more than happy to send you the information that you want. ... more
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