The DC Condo Loft

Washington DC lofts come in various price ranges and in different neighborhoods. From the mid $200K range to well over a million dollars, Washington DC residents can enjoy the best of loft living, spacious urban homes, and amenities in a convenient location.

In the celebrated neighborhood of Columbia Heights, we have Kenyon Square. In Logan Circle, Metropole offers modern, up to date designer loft spaces with top of the line appliances and large terraces. Flats at Union Row offer European inspired design, with fine finishing. For affordability and location, you cannot beat the Capitol Hill Towers. And location is prime with Ten Ten Mass.

Call me about these Washington DC lofts.

Arlington Virginia is a community just across the Potomoc from Washington DC - so close it seems like it is just inside Washington DC itself. Arlington is conveniently located along major highways, with access to DC.

Take a look at these buildings in Arlington - One is a conversion of two apartment buildings, and one is a newer building in which only one unit remains:
1800 Wilson
1001 Eastview

New buildings include these magnificent condos:
The Odyssey
Wooster and Mercer
Turnberry Tower
Waterview

Call me to tour these fabulous Arlington Condo homes. Find out why CondoDomain is different from other real estate brokers.

The buzz in Adams Morgan is that Top Chef is coming to town! Local contestants Spike and Carla will be demonstrating their skill at Marie Reed Elementary School on Saturday, and yes, there will be tastings.

Seatings are at 10:30am, noon, 1:30pm and 3 pm. Adams Morgan Main Street is auctioning a few front row seats this Thursday at the Grill from Ipanema.

While in Adams Morgan, take a look at what a great neighborhood it is to live in. Adams Morgan is home to some excellent DC loft buildings, The Viya, Flats at Union Row, and Warehouses at Union Row.

Contact us to learn more about these DC lofts, and to tour homes in the Adams Morgan neighborhood.

Mount Vernon condos are certainly feeling the pinch of this recession. Nevertheless, the area continues to attract urban professionals who are able to stay for several years, ride out the recession, and live in the neighborhood they want, in Mount Vernon condos with amenities that they want.

The two buildings of CityVista continue to be popular choices, and Sonata is also attractive. Residents at CityVista rave about the Safeway in the building - well stocked, reasonable prices, and convenient.

Take a look at these Mount Vernon Condos:
Cityvista K
City Vista L
Sonata
Madrigal Lofts

Find out how CondoDomain is different from other real estate brokers.

Capitol Hill is the seat of power in our Washington DC. Live and work in Capitol Hill, where the business of government is a 24 hour concern. For that reason, the ultimate in convenience, lifestyle support, and quality is extremely important in Capitol Hill condominiums.

In Washington DC, take a look at these Capitol Hill condominiums:
Capitol Hill Towers
Jenkins Row
The Axis

Find out why CondoDomain is different from other real estate brokers.

According to a first quarter survey by the research firm Delta associates, the supply of unsold condo units in the Greater Washington DC area is shrinking. At the current pace, there is now 6.4 years worth of overall inventory, down from eight years worth earlier this year. Maryland seems to be improving at a faster pace than Virginia, and condo sales have experienced less of a price decline than single family homes. Maryland’s statistics are boosted by demand in Prince George’s county for the National Harbor complex.

In Washington DC itself, the Logan Circle area is an attractive choice for urban condo dwellers, and now is the time to buy. Take a look at Renaissance at Logan, which is now doing quite a bit with open houses and showings.
Also, take a look at Fennessy Lofts, located just below Logan Circle.

Contact us for more information about Logan Circle condos, and questions about the Washington DC area.

Find out why CondoDomain is different from other real estate brokers.

The “Live-work smart” concept is becoming more popular, and in DC’s Adams-Morgan neighborhood, there are buildings that work very well with this idea of living, working and relaxing without the stress of a long commute or automobile. Adams-Morgan condos offer DC residents a modern, new lifestyle, with great amenities, design and convenience. You’re part of a really great neighborhood, and you’re near some of the best restaurants and clubs in the city on the famous U street corridor. Adams-Morgan is one of the best locations in DC for urban professionals who know how to enjoy life.

Take a look at these great opportunities for Adams-Morgan condos:
The Floridian
Solea
1407 W Street
Warehouses at Union Row
Flats at Union Row

Find out why CondoDomain is different from other real estate brokers.

Foreclosures are on many people’s minds lately.  Since the Federal Government has offered incentives to lenders to restructure people’s loans, local and state governments are encouraging home owners to seek help sooner rather than later and work with their lender to avoid foreclosure.  Help includes restructuring loans, and the purchase of homes by municipalities and non profits.

Foreclosure is the last stop on the money crisis train for home owners.  Once a home is foreclosed, the lender really does not want to own it.  This is why for the savvy buyer, these homes can be a great deal.

Washington DC foreclosures are no longer just in risky neighborhoods.  The foreclosure crisis has hit all sorts of homes in all types of areas.  Pre-foreclosure, many homeowners and developers are willing to negotiate with a buyer/investor.  If they can walk away with a little cash and satisfied liens, and you have a property for less than the market value, it can be a win - win proposition.

How do you find pre-foreclosure opportunities?  By searching for them on our site!  Our partnership with RealtyTrac enables you to search all Washington DC foreclosure listings.  Pre-foreclosures, foreclosure auctions, and bank owned properties are all at your fingertips on our site, and we can help you make sense of the entire process.  We can also assist you with obtaining financing.  Contact us today to learn more about Washington DC foreclosure opportunities.

Washington DC lofts are a popular lifestyle choice right now.  Whether built brand new, or converted from formerly commercial and industrial space, the convenient locations, ample space, soaring ceilings and light pouring in through large windows make an attractive choice, and are a magnet for urban designers.

The Viya is located in Adams Morgan, and is right around the corner from the new Harris Teeter market.  16 designer loft units overlook a private courtyard.  Features include typical loft design, soaring ceilings, huge windows, and open floor plans.  You will also find contemporary European style baths, designer lighting, and wood floors in these Washington DC lofts.

Call us to tour The Viya, and remember, with CondoDomain we give you money back at closing.

There’s been a lot of attention to nationwide foreclosures in the news lately. The number of foreclosures is up this month, and looks pretty drastic. This is partly because of the moratorium on foreclosures in December and through February, awaiting word from the White House on how the federal government would intervene. Now that the moratorium is over, foreclosed properties that were already set for auction have been again scheduled for sale, and now there is a backlog of them.

Foreclosures are pressuring the real estate market in many cities, but providing many opportunities for home ownership. Formerly investors and “house flippers” were the majority at Washington DC foreclosure auctions. But now, regular home buyers who want a chance at an affordable home are flocking to Washington DC foreclosure auctions.

While foreclosures in huge numbers hammer housing prices, efforts to sell the homes and get them off the market have two benefits. One is that once the large inventory of Washington DC foreclosures is off the market, housing prices can stabilize and a true market value can again be established, with homeowners once again building equity. The second benefit is obvious - the buyer gets a home at a low price.

Buying a Washington DC foreclosure is not without risk, since the buyer is responsible for repairs and all liens against the property, including taxes, construction liens, and second mortgages. When it comes to Washington DC condos, it’s possible to have less risk exposure than with a freestanding house.   We can help you with this. We can give you information about the building, the community, and assisting you in finding out the truth about all outstanding liens. We can also assist you with purchasing any foreclosure you choose, not just a condo.

Here at CondoDomain, we have partnered with RealtyTrac so that you can search all available and pending foreclosures in the Washington DC area. Take a look at these, and then call us with your questions.

Good news for FHA loans! As of last week, there are new maximum loan limits that are available due to the American Recovery & Reinvestment Act. These new loan limits are for new and existing loan applications that are submitted with credit approval on or after March 12, 2009.

Here is a list of the 2009 FHA Maximum Mortgage Limits*:

$729,750 for one-unit properties
$934,200 for two-unit properties
$1,129,250 for three-unit properties
$1,403,400 for four-unit properties

These new limits open up the possibilities for many new buyers! Now lenders can go as high as a $729,750 loan amount with only 3.5% down! So if you are in the market to buy and have previously been unable to put 10-20%  down, this is excellent news!

Contact Christina Longo immediately for more information at 978.886.9359

View the all-new Condo Loan Center to learn more information. The Condo Loan Center offers everything from first-time homebuyer programs with down payment assistance, to private mortgage banking with unlimited loan amounts. In addition, the Condo Loan Center has the ability to act as a broker gives clients even more loan programs. Through the Condo Loan Center, you can rest assured that you will be provided with a competitive loan that meets your individual needs.

A complete schedule of FHA’s maximum county mortgage limits can be viewed through the HUD website by clicking here
*the list excludes financed UFMIP or EEM cost