20% Down Payment is Not Required

205 Down Payment not required

A 20% down payment is not required! There are two big myths that keep some people fro trying to buy a home. One myth is that you have to put down a minimum of 20% down to buy a home. While a big down payment can be a great way to lower your mortgage payment and convince sellers that you’re serious about buying, coming up with 20% of a home’s purchase price can be difficult. The sad thing is that many people delay purchasing a home and starting to build that all important equity while mistakenly waiting to accumulate that magic 20% down payment.

Reasons to Buy A Condo

4 Reasons to buy a Condo

There are many reasons to buy a condo, but here are the top four! Popular with every homeowner—from first-time buyers to retirees—condos offer many advantages over a traditional stand-alone property.

What is a $500000 Starter Home?

$500,000 starter home

What is a $500000 starter home in the DC metro area? According to a front page article in the New York Times on September 25, 2022, a starter home in Denver Co in the 1990s was a two level house with three bedrooms and 1400 square feet or less. In the 1990s that starter home sold for $90,000 to $125,000. Now that home will cost approximately $500,000.

That made me wonder….. What do you get in the DC metro area for $500,000? Of course, in the DC metro area, there are lots of choices. Do you look in DC (trendy or trending)? Do you look in Montgomery County? How far out do you go into the suburbs? Do you look in Prince Georges County or perhaps you go to Northern Virginia?

For purposes of this search, I used the criteria that defined a starter home in Denver in the 1990s – a two level home with three bedrooms and less than 1400 square feet for no more than $500,000. Then I looked at the criteria without price restrictions to see what kind of house you can get with the same criteria but in a central location.

This is the Time to Buy Your New Home!

What does the Sitzer/Burnett Verdict mean

This is the time to buy your new home! If you are thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s home prices, and lots more. It’s hard to decide to jump into the market, but this is the time to buy your new home. While some buyers may wait things out, there’s a reason serious buyers are making moves right now, and that’s the growing number of homes for sale. Just remember, the best time to buy a home is when you want one or when you need one!

What the Inflation Reduction Act Means for You

Solar panels inflation reduction act

Now that the Inflation Reduction Act has become law, you need to know what are the incentives for ordinary Americans to go green and how you can save on your tax bill over the next 12 years!

Georgetown Village Condos

Georgetown Village Condos is located on Edson Lane and Commonwealth Drive in a park like setting. The community has 304 units in 19 buildings with four levels each and four units on each level. Built in 1985, the condos range in size from 845 square feet one bedroom one bath units to 1473 square feet three bedroom two bath units. Georgetown Village Condos is a popular location, not only for its amenities but also for its proximity to shopping and the metro. Pike and Rose is very close and Montgomery Mall and Wildwood Shopping Center are easily accessible too. The community is pet friendly and each unit has its own washer and dryer. Amenities include an outdoor pool, tennis courts, tot lot and a basketball court.

The Forum at 11801 Rockville Pike – Not Just for Romans!

The Forum at 11801 Rockville Pike is a condo building built in 1968 with exceptionally large units and amenities including a pool, tennis courts, utilities, tot lot, party room, exercise room, sauna and 24 hour front desk. The pet friendly Forum is close to the Metro, the Pike and Rose, Harris Teeter, Whole Foods, and lots more!


The Fitz at Rockville Town Center is located at 501 Hungerford Drive, just 3 blocks from the Rockville Metro. The Fitz location combines the best of both worlds, the convenience of the shops and stores on the Rockville Pike and the Rockville Town Center and the history of downtown Rockville. The Fitz just a few miles north of Washington DC offers the convenience and excitement of a big city lifestyle in a comfortable community atmosphere.

The Gallery at White Flint Place

The Gallery at White Flint Place in North Bethesda, built in 2001, is located at 11710 Old Georgetown Road close to the Sterling and White Flint Station. The building has sixteen floors and 458 units, of which thirteen are reserved for elderly persons. Located directly across from Pike and Rose with all the shops and restaurants, dog park and bowling alley, this building has a community room with its own kitchen and pool table, a reading room, fitness center; movie theater room, pool, and more. These condos are exceptionally big with reasonable condo fees, making them are good option for a careful buyer.

The Sterling in North Bethesda

The Sterling in North Bethesda, built in 2006, is located at 11700 Old Georgetown Road. The building has sixteen floors, five commercial units and 196 residential units. Located directly across from Pike and Rose with all the shops and restaurants, dog park and bowling alley, this building has a fitness center and outdoor pool. These condos are exceptionally big with reasonable condo fees, making them are good option for a careful buyer.