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Downtown : Real Estate Advice

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  • Home Buying2
  • Home Selling0
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Activity 3
Mon Nov 11, 2013
Alia Khan answered:
Hey Christina,

Looks like the others have referred you to some great informational sites on the subject. However, if you're just looking for information on foreclosed properties that are currently available for sale in DC, working with a Realtor is really your best bet - and I'm not just saying that b/c I'm biased ;-)

The bottom line is, Realtors have direct access to the MLS database that contains all current listings - foreclosures or otherwise - as well as all details related to those listings. Unfortunately, consumer websites like this one can't provide the same level of detail that your Realtor can.

As for "purchasing options," it sounds like you might be interested in learning more about different financing options for your purchase? If that's the case, I'd be happy to refer you to some great lenders who could discuss those options with you in detail.

Feel free to reach out to me at any time if you're interested in any of the information mentioned above, or if I can be of help in any other way. My contact information is all below. And either way, best of luck with your search!

Cheers,
Alia

---
Alia J. Khan
Realtor + Recovering Attorney
Real Living | At Home
Dining Editor | Bisnow Media
www.UrbanLivingbyAlia.com
202.957.2542
alia@rlathome.com
... more
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Mon Nov 11, 2013
Alia Khan answered:
I think Michael hit the nail right on the head from the numbers perspective. But it's also important to keep in mind that while 400 Mass is closer to the red line and all that Chinatown has to offer, it doesn't actually have much retail in or immediately surrounding the building itself (there's a CVS in the building, and a pizza place and one other restaurant across the street). 475 K is a part of a complex that includes a huge new Safeway, Ace hardware store, Vida fitness, and a number of great restaurants. So while price is of course an important consideration, I always encourage my clients to also look at the different lifestyle elements that each property offers in order to figure out which one would be the best fit for you.

If you're interested in either of these buildings or any others, I'd be happy to take you out for a look. Also, I used to live at City Vista (the complex that includes 475 K) so am happy to give you my input there as well. Feel free to give me a call at 202.957.2542 or shoot me an email at Alia@rlathome.com if I can be of any help!

Cheers,
Alia

--
Alia J. Khan
Realtor + Recovering Attorney
Real Living | At Home
Dining Editor | Bisnow Media
www.UrbanLivingbyAlia.com
202.957.2542
alia@rlathome.com
... more
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Tue Jul 12, 2011
Melissa Barkalow answered:
Hi

It really varies on the type of loan program you use. It can range from 3.5% with an FHA up to over 20% to avoid paying PMI. I would talk with your agent and lender to see what works best for you.

Good luck!
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