Monthly Archives: March 2009

Finding Washington DC Foreclosures

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.

Posted in → Washington D.C. Condos, Washington D.C. Real Estate

Tags → DC Foreclosure, DC Foreclosures, pre foreclosure, Washington DC Foreclosure, Washington DC Foreclosures

by Anthony Longo on March 27, 2009

Washington DC Lofts

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.

Posted in → Washington D.C. Condos, Washington D.C. Lofts

Tags → DC Loft, The Viya, Washington DC Loft, Washington DC Lofts

by Anthony Longo on March 25, 2009

Foreclosure Sales are Up Nationwide

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.

Posted in → Auctions, Washington D.C. Condos, Washington D.C. Real Estate

Tags → condo foreclosures, foreclosure, foreclosure auctions, obama, Washington D.C. Condos, Washington DC Foreclosure, Washington DC Foreclosures

by Anthony Longo on March 21, 2009

New FHA Loan Limits & The Condo Loan Center

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 …

Posted in → Washington D.C. Condos

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by Anthony Longo on March 19, 2009

Happy St. Patrick’s Day, DC!

If you missed the St Patrick’s Day parade last Sunday down Constitution Avenue, you’re not too late to celebrate St Patrick’s Day in Washington DC. After all, even the White house fountains are flowing green in honor of the occasion today. Today you can enjoy everything from the usual beer to some great music, and even a hearty Irish breakfast in some pubs. It’s a work day, but have some time to party!

Posted in → Washington D.C. Condos, Washington D.C. Lifestyle

Tags → St. Patrick's day, Washington D.C. Condos, Washington DC Condo

by Anthony Longo on March 17, 2009

More About Washington DC Foreclosures

You can get a great deal with a Washington DC foreclosure, but you have to be aware of a few things. Washington DC foreclosures are a great opportunity, but don’t go into the venture alone, especially if you are new to buying real estate.

Posted in → Washington D.C. Condos

Tags → Washington DC, Washington DC Foreclosure, Washington DC Foreclosures

by Anthony Longo on March 13, 2009