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This article is for those move-up buyers who need to sell their current home first before buying their next home.  Most likely, your lender has approved you only for selling first, then buying.

At this point, you should know your criteria for this next home, your budget, and a neighborhood you’d like to focus on for your home search. You want to be fully prepared and ready to go whether you are selling or buying first.

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Coming up with a lump sum of money for a down payment can be scary and daunting to many first-time buyers. You definitely don’t want to wipe out your entire savings to purchase a home.

It doesn’t have to be a roadblock to homeownership!

Once you’ve got your monthly budget all set and know approximately how much home you can really afford (see our fourth article in the series), the next step is dealing with your down payment.

Here’s some guidance on where you can find cash for your down payment and also a rundown of some great homebuyer assistance programs that can help reduce the amount taken out of your own pocket.

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One of the biggest mistakes you can make as a homebuyer is not knowing how much you can REALLY afford when purchasing a home. The next mistake is thinking too “big picture” when it comes to price range or purchase price.

Stop right here before you make these mistakes!

We’re going to show you the correct way to do the math so that you get a mortgage you can afford and, ultimately, a home you absolutely love on your budget. You won’t be “house poor” and you won’t shortchange yourself either.

Here’s how:

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It’s never simple when you’re ready to move on to a new home and you already own one to sell, or perhaps rent out.  

It’s overwhelming just thinking about what comes first, what to do when, how to pay for everything, and how to time it all so you don’t end up with two homes or no home.

It’s both a logistical and financial dilemma!

That’s why we’re here to help explain how to make this all happen, step by step. And help your stress levels decrease at the same time.

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Love Buying a Home – Week 3
Our step-by-step series will take you through the entire home-buying process — from finding a buyer’s agent to settlement day, and even to maintaining your home after you’re all moved in. Every first-time buyer will find this information-packed series easy to follow and understand. Make sure to tune in […]

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How to Move Up with Ease Series –Week 2
Our 5-part series is a “how-to” guide for moving up to your next home with as little stress as possible.   Whether it’s your first time moving up or you’ve done it before, this series is a great resource.
When you are ready for a new home but also […]

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The first item on the agenda when you’re looking to buy a home is to choose a real estate agent that is the best person to represent you, and also someone that can help you through every single one of the many steps in buying a home.  

You will be spending a lot of time with this person, so make sure it’s someone that’s right for you and your specific home buying needs and goals.

Keep these 10 factors in mind when you start considering agents!

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We all love our first home but eventually there comes a point when it’s time to move on.  Life changes and so do our needs and wants in a home.

Moving can be a hard decision, both financially and personally, so determine if you’re truly ready for it. Here’s what to consider before you start packing.

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If you’ve been thinking about buying a home and are just not sure of the steps involved or even where to start, then our 14-part series is a MUST read for you.

Each week, you’ll get great tips and easy-to-understand how to’s that will help you be successful in purchasing a home in today’s market. And, it’s all delivered to you in sequential order so you know what to do when … one bite-sized chunk at a time!

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Check out all THREE of our open houses on SUNDAY, SEPTEMBER 16 from 1-3PM!

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910 M St NW #112
Washington, DC 20001
1 Bedroom, 1.5 Bathrooms
941 Square Ft.
$649,900
$580/month Condo Fee including GARAGE PARKING, concierge, on-site gym, party room, and the best rooftop deck you’ve ever seen with grills, and a POOL!
Open House Sunday, September 16 from 1-3pm!
 

Less than a mile from SIX different metro stops, this stunning condo in Bladen Alley in Shaw […]

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616 E St. NW #309
Washington, DC 20004
1 Bedroom, 1 Bathroom
737 Square Ft.
$449,900
Condo Fee: $455/month
Luxury building full of amenities including:  Front desk concierge, elevators, beautiful lobby, green-space courtyard, business center, HUGE onsite gym, movie theater, and an amazing rooftop perfect for entertaining with grills, seating, kitchen, bathrooms and a POOL!  
Open House Sunday, September 16 from 1-3pm!

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1545 18th St. NW #609
Washington, DC 20036
1 Bedroom, 1 Bathroom
725 Square Ft.
$415,000
Condo fee of $636/month including ALL utilities! 

Open House Sunday, September 16 from 1-3pm!

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The DC metro area is known as a high-cost area for homebuyers since prices tend to be higher in many sought-after neighborhoods. And getting a loan for a home in these areas can be difficult and costly.

That’s why this new opportunity for 5% down on jumbo loans is good news for many buyers looking for either a lovely single-family home for themselves or if they’re thinking of investing in 2-4 unit properties.

This is perfect for those who thought some homes were out of reach in in the District, Maryland or Virginia!

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1800 Wilson Blvd. #341
Arlington, VA 22201
1 Bedroom, 1 Bathroom
912 Square Ft.
$499,900

&

1301 South Carolina Ave SE
Washington, DC 20003
1 Bedroom, 1.5 Bathrooms
765 Square Ft.
$435,000

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1800 Wilson Blvd. #341
Arlington, VA 22201
1 Bedroom, 1 Bathroom
912 Square Ft.
$499,900
Super low condo fee of $251.46/month!
Garage parking AND coveted storage unit included! 
Open House Sunday, September 9th from 1-3pm!

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1301 South Carolina Ave SE #4
Washington, DC 20003
1 Bedroom, 1.5 Bathrooms
765 Square Ft.
$435,000
$222.44/month condo fee

Welcome home to this fantastic condo right in the heart of Eastern Market. An open living floor plan and spacious updated kitchen makes entertaining a breeze, so you’ll be able to host family brunches, dinner parties with friends and coworkers, and Sunday football […]

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You’ve probably seen listings stating a home is being sold “as is.” Does that mean it’s a dump and not worth seeing?

It can be hard to tell since there can be vast differences in the conditions of “as is” homes.

These homes can sometimes be a good deal budget-wise, especially if it gets you into a neighborhood you’ve been eyeing. However, some “as is” homes come with more troublesome issues that could cost you more in the long run.

If you do make an offer on such a home, you need to take certain steps to protect yourself.  Here’s how:

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Is your home and yard handling the summertime heat and humidity?

The DMV is known for its hot and steamy weather … so don’t neglect certain tasks that will protect your home and let you enjoy the sunny days ahead!

Here’s our handy to-do list to help you prep your home for summer.

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One piece of criteria you must think long and hard about is whether “good schools” should be part of your criteria for a home. For some first-time buyers it is, for others, it’s the first piece of criteria that should be thrown out.

If you are going to be buying your “forever” home as a first-time buyer, then YES, you definitely want school boundaries to be in your search criteria. That way you aren’t forced to move out of your home because you didn’t think far enough into the future. This decision is CRUCIAL in your search for a first home.  Pause and really think about it.

If you decide you are one of the first-time homebuyers who plan on living in their home when their kids are school aged, read on. We’ll tell you exactly how to think it all through and make the right decision.

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Whether you’re a meticulous vacation planner or more carefree, you don’t want to be laissez-faire when it comes to leaving your home.

That’s why the pre-vacation prep of your home is a necessary step in your departure routine.

Even if it’s a weekend jaunt rather than a week-long adventure, you need to make sure your home is safe and secure from burglars or hazards.

Don’t wait for the last minute to handle these must-do items. Better yet, create a handy list for future reference so it becomes easier and easier each time.

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1654 Euclid St NW #204
Washington, DC 20009
2 Bedrooms, 2 Bathrooms
920 Square Ft.
$649,999
Super low condo fee of $384/month
Open House Sunday, July 22 from 1-3pm!

You’ll instantly fall in love with this 2-bedroom, 2-bathroom condo in the heart of Adams Morgan/Columbia Heights. It’s got the all space you need and location couldn’t be more perfect!

Located on a quiet street […]

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Budget, location, and criteria are intertwined and play a key role in finding the “perfect” home for you.  You can get everything you want in a home by understanding how these three items influence each other and need to balance each other out.

Here’s your homework you go house hunting:
– Know where you are with the specifics for each one of the three; and
– Know how each one can affect or influence the others in your search for a home. (This is very important!)
– How each is linked is essential when looking for a home that is affordable, meets your needs, and will satisfy most of your wants.

Confused? Here are more details on this process:

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Did you know that by adding a tree to your yard, you can increase your property value and save on energy costs?

But maybe the cost or your lack of a green thumb is holding you off. 

No worries since there are some great programs in the DMV that can help!

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When it comes to getting a mortgage to buy your first home, many buyers decide on the price point of the house they want to buy before talking to a lender.

Even though that’s how it seems like it should be done and how many people do it, that’s not at all the way to start your home-buying experience.

In fact, if you go about financing your first home this way, you’ll not only have a miserable experience, but it also could cause you to buy the wrong house!

If you follow our 4 steps outlined below, you’ll be all set. And keep reading since you don’t want to miss our BONUS section with even more tips on getting the right mortgage for your budget.

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Believe it or not, even small changes in your home can have an impact on your energy use (and your bills!). Many can be easy to implement and are inexpensive too.

Even though we recommend an energy audit by a professional to determine where your home is wasting energy, as discussed in last week’s article, Why Every Homeowner Should Do an Energy Audit, you don’t have to wait to save energy with some simple modifications. Remember that an audit will give you direction on some of the bigger energy issues with your home.

Here are some easy DIY fixes that you can do today or over a weekend to make your home more energy efficient.

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There’s a very specific formula we use with clients to make sure they end up with the house that best fits their needs and budget.  It requires some initial patience to make sure things are done right (and then you are prepared to quickly put in an offer with confidence when you reach that point!).

No one should rush out to purchase a home before they are ready since this is a big financial decision. Remember that slow and steady gets the “prize”!

But do not bypass these steps since you’ll end up wasting time, getting confused and, ultimately, buying a home that you will regret!

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In our 3-part series, Greening Your Home, you’ll learn ways to make your home more energy-efficient while also saving you money in the long run. In this first article, we explain why energy audits can help you solve some of your home’s energy dilemmas. Caring about the environment and being “green” can be easier than you think as a homeowner. You can start today!

A home energy audit may sound like an unnecessary cost, but it really can save you money on energy bills, and even point out any hazards such as small gas leaks. 

If you’ve never considered an energy audit before, then we’ll show you why it’s a good way to solve such energy issues in your home.

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The Federal Reserve recently raised the fund rate 0.25%. This is the second increase this year and more increases are expected in 2018.

Even though the Federal fund rate is not linked directly to mortgage interest rates, its movement can impact mortgage rate fluctuations.

Learn just what this means for DC buyers and sellers in this week’s blog post!

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3025 Ontario Rd NW #404
Washington, DC 20009
2 Bedrooms, 2 Bathrooms
1,080 Square Ft.
$485,000
Co-Op Fee of $696 including ALL utilities and property taxes!
Open House Sunday, June 17 from 1-3pm!

This home has everything you’ve been dreaming of: an extra bedroom for guests, a can’t-be-beat location, an updated kitchen with tons of storage, and a rooftop deck to boot!

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8825 Camfield Dr
Alexandria, VA 22308
4 Bedrooms, 3.5 Bathrooms
2,800 Square Ft.
$674,900
Open House Sunday, June 17th 1-4pm!

The PERFECT gathering spot for friends and year-around enjoyment! This 4 BR, 3.5 Bath, 2800 sqft home is packed with extras. Completely remodeled open-concept kitchen with granite counters, raised breakfast bar and stainless steel appliances.  Custom shelving and cabinets in living room, […]

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Are you ready to improve your current living situation rather than move to another neighborhood?

Or, have you thought about taking the home you have loved to the next level and make it your dream home for today?

You’re not alone with this thinking. But many homeowners don’t move forward since they believe that financing and lack of cash is a roadblock for them.

We’re here to show you several options (four in fact!) that can help you make that renovation come true!

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When you’re thinking about buying a home, what pops up in your mind? Are you most excited about living near your favorite coffee shop, certain restaurants or a convenient bike trail? Or are you filled with the anticipation of having a home with awesome features, like a chef’s kitchen, deluxe master suite, or a large yard with patio?

Usually people tend to lean toward one or the other — being a “house person” or “location person.” Which are you?

The reason we ask this is that it’s rare for any buyer to find their dream home in their dream location within their budget.

That’s why you need to figure out what’s more important to YOU and where you’re willing to compromise.

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Tons of Space Inside & Out in 16th Street Heights
1234 Hamilton St. NW
Washington, DC 20011
Open House 1-3pm!

Charming Clarendon in Sought-After Fairlington
4247 32nd R. South
Arlington, VA 22206
Open House 1-4pm!

A Charming, Quaint Studio in Woodley Park
2829 Connecticut Ave NW
Washington, DC 20008
Open House 1-3pm

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2829 Connecticut Ave NW
Washington, DC 20008
$249,900
Low Condo Fee of $440/month, includes all utilities except internet and cable!
Open House Sunday, June 10 from 1-3pm!

Don’t let the “studio” fool you; it has everything going for it and everything you need! And just two blocks from the Woodley Park metro, it’s just the home for someone who wants the wooded oasis of Woodley Park, the National Zoo and Rock Creek Park, but still have easy access to downtown DC!

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4247 32nd R. South
Arlington, VA 22206
2 Bedrooms, 2 Bathrooms
1,500 Square Ft.
$494,900
Open house Sunday, June 10th from 1-4pm!

Be the envy of the community with this coveted end unit 2 BR, 2 Bath 1500 sq ft Clarendon with walk-out basement in Fairlington! Renovated kitchen with custom cabinets, ample counter space, recessed lighting and stainless steel appliances.  Oversized deck with lovely green views.  Light-filled, large master bedroom with 2 closets and 2nd bedroom on upper level with renovated bath.  Enter the lower level by interior connecting stairs OR from the outside side entrance – a rare find!!! 

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1234 Hamilton St. NW
Washington, DC 20011
4 Bedrooms, 3 Bathrooms
2,725 Square Ft. 
$899,900
Open House Sunday, June 10 from 1-3pm!

Welcome home to this beautiful and spacious 4-bedroom, 3-bathroom home in the quiet, residential neighborhood of 16th Street Heights. It has all the charm and space you’ve been looking for: a chef’s eat-in kitchen with a breakfast bar, THREE sunny porches, a wood-burning fireplace, large bedrooms and a huge back yard in a beautiful neighborhood. An open layout, sunlight-filled space and the latest appliances make this home absolutely perfect! 

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Remodeling or renovating your home, whether small or large, requires you to spend some money (or financing) upfront to get the job done.

But there are two questions you should ask yourself during this pre-planning phase for any project, especially costly ones:
– Will it worth it when it comes to resale?
– Will you get a high return on investment (ROI)?

It’s a good idea to do your research first and carefully consider any home improvement project, especially if you’re banking on recouping some of the cost when you sell your home.

Read on to learn more!

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If you slow down and take the time to think and really evaluate your life and the “what” and “why” for a home, the rest of your home-buying experience (especially the house hunting part) will be that much more rewarding and stress-free.

You’ll actually get everything you want … and maybe even things you didn’t think you could have (or didn’t think about before)!

Your answers to the questions will help you avoid a personal and financial disaster when it comes to real estate.  You don’t want to rush in blindly when buying a home.

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3620 Connecticut Ave. NW
Unit 30
Washington, DC 20008
2 Bedrooms, 1 Bathroom
985 Square Ft.
$449,900

Open House: Sunday, June 3, 2018 from 1-3pm!

This bright and open two bedroom unit has been beautifully updated with modern amenities, yet has kept the quaint charm and period details that we crave in a historic city like DC!

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1523 Isherwood St NE
Washington, DC 20002
3 Bedrooms, 2 Full Bathrooms, 2 Half Bathrooms
1,845 Square Ft.
$699,900
Open House: Sunday, June 3 from 1-3pm

There are so many reasons to LOVE this home! There’s the PERFECT Capitol Hill location, the 3 full levels of living space, the attached garage (unheard of in DC!) and so much more! Located in the historic Kingman Park neighborhood of Capitol Hill is where you’ll find this three-bedroom, home with two full bathrooms and two half bathrooms!

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Whether you’re living in a single-family home or a townhome, you need to schedule regular maintenance that tackles the exterior of your home and your yard if you have one. 

By keeping up with these seasonal tasks, you can avoid some costly repair bills from damage that could have been prevented. And, remember, that a well-cared for property can better retain its value and attract buyers when it comes time to sell.

Your exterior and yard maintenance can include some DIY tasks or regular service appointments from professionals.  Here’s a breakdown of what you should put on your to-do list each season for outside maintenance.

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Taking that first step to buy your very first home can be scary and daunting. As a first-time buyer, you may think, “Can I really afford a home that I’ll love and that will meet my needs?”

It can be done. And we can show you how!

In our 7-part series, How to Find the Perfect Home for You and Your Budget, you’ll learn how to incorporate our strategies with your own to find a home that is the right fit for your lifestyle, needs … and your budget.

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3456 Wakefield St S
Arlignton, VA 22206
2 Bedrooms, 2 Bathrooms
1,500 Square Ft.
$499,900
Open House Sunday, May 20th 1pm-4pm

If you have been waiting for the perfect Fairlington home, wait no longer!!!  This 2 Bedroom, 2 Bath, 1500 sqft Clarendon is pristine and in a prime location – a huge open court with mature trees in Fairlington Mews.

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Ever heard of radon?  Well, it’s a big deal.  It’s an odorless, colorless gas and is the second leading cause of lung cancer in the United States. It can get trapped in our homes and be at high levels that effect your health and you wouldn’t ever know it unless you tested for it.  So read on to learn more about the who, what, where, how to test for radon in your home and remediate it if you have high levels.

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Welcome to DWELL Residential Brokerage – a modern, fresh approach to real estate.

Here at DWELL, we believe that real estate is an important financial tool to help you get from where you are­ to where you want to be, literally. Real estate has the power to create so much.

Think about it—where you live defines the type of life you live in so many ways. It can affect how you feel, the length of your commute, who you spend time with, what you spend time doing, the amount of time you can spend socializing not to mention your entire financial world.

We want you to see the possibility, live your dream life and understand how real estate can make it all happen!

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2006 Hoover Lane
Alexandria, VA 22308
4 Bedrooms, 3 Bathrooms
2,239 Square Ft.
$624,900

Open house Sunday, May 13th 1pm-4pm!

Live on former George Washington farmland! This 4 Bedroom, 3 Bath home is open-concept living with your dream gourmet kitchen. Beautiful landscaping, new windows, fresh paint, new carpet, hardwood floors. Large master BR w/en-suite full bath. Sleek renovated hall bath.  Lower level laundry has […]

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3151 Ravenwood Dr
Falls Church, VA 22044
4 Bedrooms, 3 Bathrooms
2,905 Square Ft.
$649,900
 

This home is beautiful inside and out! From the huge front and back yards, TONS of storage and space, a full finished basement for renters or overnight guests, it’ll be hard to see yourself living anywhere else.

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With busy schedules, it’s easy to let regular home maintenance fall off your to-do list.

Like many homeowners, you might try to cram certain projects into one weekend. Or worse yet, disaster strikes and you get hit with a large bill since you never got around to a minor task that turned into a major issue.

Stop causing yourself so much stress! Let the professionals help you, and better yet, have a maintenance plan with them.

Learn which maintenance contracts are absolutely worth it for your home!

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You can feel the attraction immediately and imagine a picture-perfect life together for many years ahead.  You’ve fallen hard, very hard ….But wait! We’re not talking about your latest date but rather a home you saw while house hunting.

Yes, buying a home is like falling in love. You can expect to go through the same ups and downs, emotional tugs and pulls, and even similar stages: Being smitten, getting your heart broken, eventually learning from your mistakes, and becoming wiser and more serious on your quest for “love.”

All is fair in love and war … and house hunting! We’ll show you how to make the most of your journey in finding a home you love.

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Two Bedrooms, Two Bathrooms, and TWO Outdoor Spaces With Parking in Petworth!
610 Newton Place NW #10
Washington, DC 20010
Open House: Sunday, May 6 from 1-3pm!

&

Spacious & Updated 4-Bedroom in Fort Hunt, Alexandria!
8824 Camfield Dr.
Alexandria, VA 22308
Open house Sunday, May 6th 1pm-4pm!

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8824 Camfield Dr.
Alexandria, VA 22308
4 Bedrooms, 2 Bathrooms
2,111 Square Ft.
$599,900
Open house Sunday, May 6th 1pm-4pm

Beautiful hardwood floors, bright open living & dining room, updated kitchen, steps to beautiful Fort Hunt Park and much more! Don’t miss this one!

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Buying a home for the first time can be confusing. That’s why the tips and strategies you’ll find in our 8-week series, Dwell Residential’s Dirty Little Secrets for Buying a Home, will set you on the right path. It’s our own unique approach and a “behind the scenes” glimpse of what you should look out […]

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610 Newton Place NW #10
Washington, DC 20010
2 Bedrooms, 2 Bathrooms
1,380 Square Ft.
Open House: Sunday, May 6 from 1-3pm!

Welcome home to this stylish and cozy 2 bedroom, 2 bathroom condo, just 4 blocks from the Georgia Ave/Petworth Metro station, with a completely updated open kitchen, tons of storage spaces, and two HUGE outdoor areas! The bright, open floor plan in the living space invites you to spend time with friends and family, and makes entertaining a breeze! You’ll fall in love with this home as soon as you walk in the door – we promise!

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Have you ever been the last one to take a shower and run out of hot water? It could happen when you have too many overnight guests or one family member known for long showers!  

But, what happens when your hot water heater stops working efficiently on a daily basis, guests or no guests? That’s when you might need to replace it.

Whether you’re a new homeowner or have been in your home for a while, be aware of potential issues you could face with your water heater. Some issues could be fixed, but others could mean it’s time for a replacement.

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4837 28th St South A2
Arlington, VA 22206
2 Bedrooms, 2 Bathrooms
1,860 Square Ft.
$499,900

Fully renovated throughout, to include: open gourmet kitchen, modern baths, gleaming hardwood floors, new windows with custom blinds, large closets, and designer cabinetry. Classic crown molding and wainscoting detail in dining room; huge laundry and storage area in lower level. Updated LED lighting, home humidifier, […]

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1804 Independence Ave SE
Unit B
Washington, DC 20003
3 Bedrooms, 3.5 Bathrooms
2,230 Square Ft.
$875,000
Open House Sunday, April 29 from 1-3pm

Looking for a home with a completely-updated kitchen with an open living floor plan? Sure thing.
Considering a neighborhood on the brink of huge expansion and development? You’ve found it.
Need a home that’s near the Metro for easy access […]

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We hear from our clients all the time about their concerns and questions when buying a home in today’s market.  That’s why we’re here to provide answers to some of the most common questions we get so you can become better informed and more reassured.

The questions swirling around in your mind are likely the same ones that other buyers, like you, want to ask too.  And, more than likely, it was the same questions that buyers who went before you have also asked!

Even though each buyer’s situation is unique, you’ll find the question/answer sections below helpful in giving you some insight on what steps might be best for you.

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Carbon monoxide is a colorless, odorless, tasteless gas produced by burning gas, wood, propane, charcoal or other fuel.

You must have a CO detector if you have fuel-burning appliances in your home. And if you have such appliances on more than one level of your home, you should have a carbon monoxide detector on each level.  And it’s very important to install them near bedrooms too.

Learn about what carbon monoxide is, whether you need to be monitoring for it in your home, and what you need to do to stay safe.  

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555 Massachusetts Ave NW #905
Washington, DC 20001
1 Bedroom, 1 Bathroom
710 Square Ft.
$449,900
Low condo fee of $434.34/month (Includes garage parking, onsite, gym, rooftop deck with grills and pool, party room, 24-hour gym and concierge!)

Just three blocks away from the Gallery Place/Chinatown Metro, this beautiful high-rise condo is spacious, convenient, and situated perfectly for anyone who lives and […]

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Even though we didn’t have a harsh winter, your home still needs to get some loving care now.  Both the inside and outside could use a good once-over to make it look its best and keep it well-maintained.

Take the time to schedule some must-do tasks in early spring so you can fully enjoy your home and yard once some gorgeous days come our way.

Remember that the time you spend on regular maintenance will help preserve the value of your home and will help prevent everyday “wear and tear” from turning into costly damage.

The warmer weather can make it a perfect time for some DIY projects. However, seek out an expert for those more difficult clean-up or repair needs.  

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516 A St. NE #205
Washington, DC 20002
1 Bedroom, 1 Bathroom
755 Square Ft.
$399,900
Low monthly co-op fee of $396.54 (includes property taxes, hot water, sewer, and heat)

You’ll instantly fall in love with this sophisticated yet cozy co-op, in the HEART of Capitol Hill! The home features all the historical details you’d expect like original pine floors, gorgeous […]

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Buying a home for the first time can be confusing. That’s why the tips and strategies you’ll find in our 8-week series, Dwell Residential’s Dirty Little Secrets for Buying a Home, will set you on the right path. It’s our own unique approach and a “behind the scenes” glimpse of what you should look out […]

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4614 36th St South, Unit B
Arlington, Virginia 22206
2 Bedrooms, 2 Bathrooms
1,500 Square Ft.

$494,900

Meticulously renovated 1500 Sq Ft Clarendon in Fairlington Mews. COMPLETELY open concept main level with stainless steel appliances, granite counters & huge island with seating. Refinished original hardwood floors, custom blinds, recessed lighting, 2 expanded walk-in closets in master bedroom & Elfa closet […]

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4209 Illinois Ave NW
Washington, DC 20011
4 Bedrooms, 3.5 Bathrooms
2,650 Square Ft.
$924,900
Open House Sunday, April 8, 2018 from 1-3 pm

Spread out all over this 4 bedroom, 3.5 bath home…4209 Illinois Ave NW is a spacious, fully-updated home with great outdoor space and parking off Grant Circle in awesome Petworth!

On an adorable residential street lined with Petworth’s signature […]

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1852 Columbia Drive, #304
Washington, DC 20009
1 Bedroom, 1 Bathroom
795 Square Ft.
$399,900
Low Co-Op Fee of $441.87/month (includes storage, property taxes, heat,  water, hot water, and sewer!)

Stately, historic, coveted co-op building? Check.
Original, historical features like tall ceilings, bay windows, a claw-foot tub, and crown molding? Check.
Impeccably-updated kitchen with stainless steel appliances with granite and butcher block counters? Check.
In […]

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You’re excited to go house hunting and want to find the “perfect” home, right?!

Don’t let your excitement or desire for a home spur you to make any rash decisions or overlook some serious red flags. You don’t want a home you’ll regret buying, so carefully weigh the pros and cons before making an offer.

Some homes might seem good at first sight, but our list of hidden red flags could save you in the long run.  At least consider them before you decide to make an offer on a home. 

Remember to think twice about buying a home when you see these signs:

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As a homeowner, you just never know when you’ll face unexpected and costly repairs for your home.  A home warranty can sound like a great solution to this dilemma, but is it really worth it?

Home warranties have gotten a bad rap in the past, but like any warranty or insurance policy, the upfront cost could be worth it in the end.  But you do need to read the fine print and understand any of the terms and conditions!

Read on to learn more about the pros and cons of home warranties and whether it’s something that will fit your particular needs and budget.

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Join Dwell for TWO Open Houses on Sunday, March 25! 

Perfect Location with Parking in Petworth
4125 7th St. NW
Open house Saturday, March 24 AND Sunday, March 25 from 1-3pm! 

Contemporary 2-Bedroom in Columbia Heights
1423 Newton St. NW #201
Open House Sunday, March 25, 2018 from 1:00-3:00 p.m.

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4125 7th St. NW
Washington, DC 20011
4 Bedrooms, 3.5 Bathrooms
2,480 Square Ft. (Plus an additional 300 feet in the attic for storage!)
$849,900

Open house Saturday, March 24 AND Sunday, March 25 from 1-3pm! 

This 4-bedroom, 3.5 bathroom home is meticulously renovated without losing the historical charm. Amenities include restored hardwood floors, a HUGE fully-updated kitchen with granite counters, a private loft office above the master bedroom, a private parking space, and best of all – a separate basement suite that can be used for guests, in-laws, a rec room or an awesome Man Cave!

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Did you know you could get some tax relief on your property if you’re a homeowner in the District or Maryland? (Unfortunately, Virginia doesn’t have any property tax reductions like DC and Maryland).

These local Homestead programs will reduce your property taxes for being a homeowner occupant in a residential property. You MUST apply to these programs in order to get this benefit. Let’s take a look:

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Buying a home for the first time can be confusing. That’s why the tips and strategies you’ll find in our 8-week series, Dwell Residential’s Dirty Little Secrets for Buying a Home, will set you on the right path. It’s our own unique approach and a “behind the scenes” glimpse of what you should look out for and consider when starting your own search for a home.

Did you know that some normal — even harmless everyday activities — could hurt your chances of buying your dream home?  You want to avoid any slip-ups that might make your lender think twice about processing your mortgage loan.

Here are seven things that you should “never, ever, ever, ever” do during the time you are searching for a home.

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619 Girard St NE
Washington, DC 20017
3 Bedrooms, 2 full baths, 2 half baths
1,950 Square Ft.
$649,900

This three-story, three-bedroom move-in ready home is meticulously renovated without losing the historical charm. Amenities include gorgeous hardwood floors throughout the whole home, a fully-updated kitchen with stainless steel appliances, a HUGE backyard, and best of all – an entire basement that can […]

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1423 Newton St. NW #201
Washington, DC 20010
2 Bedrooms, 1 Bathroom
920 Square Ft.
$499,900
$360/month Condo Fee

Open House Sunday, March 25, 2018 from 1:00-3:00 p.m.

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Week 1 – Dwell Residential’s Dirty Little Secrets for Buying a Home
Buying a home for the first time can be confusing. That’s why the tips and strategies you’ll find in our 8-week series, Dwell Residential’s Dirty Little Secrets for Buying a Home, will set you on the right path. It’s our own unique approach and […]

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Whether you’re a new homeowner or not, you should carefully look at your assessment each year to look out for mistakes and understand the process. That way, you’ll know what steps you need to take if you want to appeal it and lower it.

Many times you have a limited time to appeal, so know the deadline and the process in your jurisdiction! Become familiar with it now, so you’re prepared when you get that letter in the mail. Deadlines are very strict and must be met.

Here are four steps you need to take to see if you should appeal your assessment.

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1204 Godwin Dr.
Silver Spring, MD 20901
3 Bedrooms, 2 Bathrooms
1,785 Square Ft.
$499,900
Open House 1-4 Sunday, March 4

Looking for a spacious, updated home in a tree-lined neighborhood just a few feet to the Sligo Creek bike trails? Then you’ll LOVE 1204 Godwin Drive! Nestled on a quiet street is where you’ll find this beautiful home. You can enjoy […]

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A Dwell Residential Exclusive 8 week series
We are excited to bring you this series — Our Dirty Little Secrets for Buying a Home – featuring little-known tips and strategies that you can’t get anywhere else.
We created these secrets based on helping hundreds of buyers over the years.  We’ve tested everything that works and weeded out […]

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Selling your home in the spring is best for most homeowners.  There’s no doubt about it but the market is blooming with flowers and buyers … two pluses for you!

Starting in March and going through June, the real estate market is in full force throughout the DC metro area. Just about anyone who is looking for a home is hitting open houses.

If you’re thinking of selling your home this year, aiming to list your home during this time of year can be beneficial for you as a seller.

Here are five reasons why spring is the perfect time to sell your home:

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Be the “early bird” buyer who gets the home! With spring just weeks away, there’s no better time than now to start preparing to buy a home. 

You don’t want to be unprepared when the selling season is in full force and you’re competing with more buyers.

Now’s a good time to get yourself educated about buying a home by reading articles about the process and meeting with an agent who can go over what you need to know and do as a buyer.

Here’s a breakdown of what will get you in good shape to buy a home this spring.

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For buyers who don’t have 20% to put down, lenders require mortgage insurance (MI). This extra payment with your mortgage is not ideal but it’s there to protect lenders in case you default on your loan (and it did allow you to purchase a home!)

There are several different ways to handle the mortgage insurance when you initially buy your home—learn more in our newest blog post!

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Must-See 2-Bedroom Condo in the Heart of Silver Spring!

8045 Newell St.
#406
Silver Spring, MD 20910
1,215 Square Ft.
$425,000
Condo Fee: $492/month
You’ll instantly fall in love with this 2-bedroom, 2-bathroom condo in the heart of Silver Spring. It’s got the all space you need and location couldn’t be more perfect!
See the full listing here! 

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8045 Newell St.
#406
Silver Spring, MD 20910
1,215 Square Ft.
$425,000
Condo Fee: $492/month
You’ll instantly fall in love with this 2-bedroom, 2-bathroom condo in the heart of Silver Spring. It’s got the all space you need and location couldn’t be more perfect!

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Did you know that you can borrow from yourself if you have a 401k plan?

Getting a 401k loan is one way to get additional money toward a down payment.  It’s a lump sum of money that is already yours … not the bank’s, not mom and dad’s, and not anyone else’s!

Finding money for a down payment can be stressful for many first-time buyers. Your 401k is just one option out of others for getting some cash — getting a gift or loan from a family member, qualifying for assistance programs for low to mid-income buyers, or looking at mortgage plans with low down payments such as a FHA loan.

Take some time to review the highlights below of what you can typically expect if you borrow or withdraw money from your 401k account.

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Start off the New Year with a resolution to take better care of your home.  First off, don’t delay winterizing you home if you haven’t already!

We’ve got a handy list below that will help keep your home protected and prepared for the next winter snowfall or major ice storm (Remember that February and March can have some of the harshest weather in the DC metro area!). 

Keep in mind you’ll save money over the long run since regular winter maintenance prevents costly damage to your home AND makes your home more energy-efficient.

Put in the effort today and start creating your own to-do list.

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Arlington County just got more affordable for first-time buyers with its Moderate Income Purchase Assistance (MIPAP) program!

If you’re a single person with a maximum household income of $61,840, a couple with $70,640, or a three-person family with $79,440, then you could qualify for assistance and make this wonderful community your home.

The Moderate Income Purchase Assistance (MIPAP) program provides homebuyers with a deferred-payment, no-interest loan that covers up to 25% of the home’s purchase. The loan may be used to cover a portion of the down payment and all closing costs.

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Both homebuyers and sellers will start off 2018 with some good news when it comes to mortgages! 

Effective, January 1st, the Federal Housing Finance Agency increased conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac.

That means buyers will have more spending power when purchasing a home since this action helps them keep pace with rising home prices.

What does that mean for you?  Read on to find out!

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3543 B
S Stafford St
Arlington, VA 22206
1,500 Square Ft.
$474,900

3-level, 1500 sq ft Clarendon model in Fairlington has classic charm with many renovations and upgrades throughout. Updated kitchen with new SS appliances, granite counters, and flooring.  Spa-like upper-level bath with ingenious pocket door maximizing space. Renovated lower-level bath/laundry with new washer & dryer. Ceramic tile flooring and recessed […]

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Being a first-time homeowner can be exhilarating and fun at times, with lots of freedom to make it your own space. You don’t have to answer to any landlord or roommate! But, it also comes with responsibilities.

When something breaks, it’s not an easy call to that landlord anymore. You’re the one in charge of any repairs, maintenance, finances, and improvements over the long haul. Plus, making your home more “yours” and becoming a member of your community also are part of your to-do list now. You’re not a renter anymore but putting down roots. This first year will have some highs and perhaps some lows, and most of it will be very new for you. Here’s some guidance on everything you may encounter as you get your feet wet.

Our 20 tips below is a good overview of what you can do to maintain your home AND make you a happy homeowner.

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You’re ready to trade up to a new home, and that means you’re about to face the homeowner’s dilemma of what to do first: SELL your current home first and use the proceeds to buy a new home, or BUY your new home first and hope your current home sells in a timely manner.

It’s a tricky dilemma since you don’t want to end up with two mortgages at once or having no place to live at all!  Here’s how to avoid that Catch-22.

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You are almost a homeowner! But before you can celebrate, you’ve got to gear up for a successful settlement day. And that means no surprises, no delays, and you walking out with the keys to your new home.

There is a lot to do on the days leading up to your closing and settlement. You’ll be better prepared and on top of everything if you know what to expect.

Here’s what you need to do at each stage of the process.

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The big day is finally here! You are going to officially sell your home and hand over the keys to the new owners.

But no one wants the transaction to be sidetracked by any last minutes surprises. Unfortunately, that can happen, but not for you with the handy list below!

Do your homework now and you’ll have a successful settlement. Here’s what you need to do prior to this day, and also what to expect at your closing and what to bring with you.

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You’ve got mixed feelings about moving right now — excited to make new memories in a new home but somewhat sad to be leaving your old home. No matter what, you’ve got to get organized and focused for your big move and all the details it entails.

Here are some ways to help you NOT feel overwhelmed leading up to your move (and your settlement day). Doing some preparation months or weeks ahead can make a huge difference in the final days, so keep that in mind when you first list your home.

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You don’t want any surprises on closing day. As a buyer, ensuring a smooth transition to becoming the homeowner should be set in motion well before you sit down with the sellers that day.

Here’s our handy breakdown with your final to-do’s so you’re all set when you close.

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Even though you’re buying a home when you purchase a condo unit, you’re actually buying into a “business.”

That’s why it’s so important for you to determine how stable and financially sound this “business venture” is before taking it on. And that’s where reviewing condo docs comes in.

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You’re now one step closer to officially selling your home. Even though you have a contract with buyers, you’re not done just yet.

There’s a lot to get completed before closing day, and you might feel like your “to-do” list keeps growing and growing. And, you’re right!

Keep in mind that no one (you or the buyer) wants the transaction to fall through or be delayed at this stage because of a mishap. Here’s what you need to focus on:

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Just because your home is under contract doesn’t mean it’s time to celebrate just yet. Your home needs to be appraised, and the results could sidetrack the entire transaction.

The sale of your home can’t move forward until the appraisal is done and the lender has given its stamp of approval. That’s why this is an important and sometimes stressful step in the closing process.

You don’t want the appraised value to come in lower than the contract price.  If so, the lender won’t approve a loan for more than what the home is worth. That means that the price you’ve set for your home is not going to happen!

Make sure you understand this process before you’re in the thick of it. Here are the ABC’s of an appraisal and what you can do to protect yourself as a seller: 

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Only you can decide what you are willing to accept or undertake if you decide to buy this home. BUT remember, you can only do that if you know the facts about your home.  That’s why the home inspection is your fact-finding mission!

If any red flags arise, then you’ll need to decide what’s a deal breaker or not; and whether you’re going to negotiate repairs with the seller or void the contract entirely.

Here’s a rundown of what to expect.

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Once you’re under contract to buy a home, you want the final stages of the mortgage process to go smoothly – you don’t want anything to sidetrack the sale from here on out!

Nothing is a done deal yet even when you’re under contract. Both your future home’s appraisal and your ability to lock in a good mortgage rate can affect the outcome of your purchase.

So here’s what you need to keep in mind when you reach this stage.

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This is the seventh article in our series called, Love Selling Your Home: Minimize Your Stress, Maximize Your Profit, Dwell Residential’s step-by-step guide to selling your home. Our series takes you through the entire home-selling process — from finding a real estate agent to settlement day.
Selling a home is an emotional experience for many […]

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