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Open Sun: Condo w/ quality finishes, roofdeck w/ Monument views, walk to METRO!

ADMC Realty Group View all the details  Fantastic 1 BR condo w/ quality finishes & AMAZING CLOSET SPACE at The LeDroit Huge building ROOFDECK w/ panoramic city views, including the Capitol, Washington Monument, National Cathedral, & July 4th fireworks!! 5-minute walk to METRO, shopping, restaurants, post office & all the hot spots of booming Bloomingdale (Big Bear Cafe), Shaw, LeDroit & U Street! Fantastic natural light from oversized Pella Architect series windows (solid wood, not plastic replacements); custom top-down shades Gorgeous open kitchen w/ granite peninsula, breakfast...Continue Reading >

12 big tax deductions for homeowners

ADMC Realty Group Are you taking advantage of all the tax benefits that can make home-ownership more affordable and put a lot of extra cash in your pocket?  Make sure to consider these big deductions when you file—they really add up! Mortgage interest: Your home loan is deductible up to $1 million for a principal residence plus a second home. (This was saved by Congress during the recent fiscal cliff debates and remains a key deduction for homeowners!) You’ll need to itemize your income taxes in order to claim this. Don’t...Continue Reading >

Understanding title & closing costs

Buying a home involves more than looking at houses and choosing a mortgage. Let's break down the "closing costs" associated with your purchase. Closing costs usually account for 2 to 5 percent of a home’s sale price, although they may be more or less in some cases. These costs typically cover: Obtaining a credit report Processing paperwork for the loan (loan origination fees) Legal fees Home inspections Appraisals Surveys Title insurance Title searches An escrow deposit Recording the transaction in the city or county’s records Underwriting the mortgage (evaluating the borrower and...Continue Reading >

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