When you took out a mortgage to buy your home, did you pay points? You may be able to deduct that prepaid interest on your federal tax return — but only if you meet a long list of rules. The points you paid when you signed a mortgage to buy your home may help cut your federal tax bill. With points, sometimes called loan origination points or discount points, you make an upfront payment to get a particular rate from the lender. Since mortgage interest is deductible, your points may be, too. read more
With more than 92% of buyers starting their home search online, it is now more important than ever for home sellers to make a good impression on the web. Craig Heller from TruPlace, a virtual floorplan and real estate photography service, stopped by Central Properties to update agents on the latest trends in online listings. Studies have indicated that listings with multiple high-quality photos attract more interest than listings without photos. For home buyers shopping for their next home from out of state, listing photos and floor plans are even more important. That’s why it is Central Properties policy that […]
Matthew Nader of Bay Capital Mortgage, and Moira Olevsky of Settlement Ink, recently presented to Central Properties about the Fall market in the Washington region. They also provided important updates on recent policy changes that may impact real estate transactions in the near future.
Central Properties is pleased to announce that Ashlea Perkins has joined Central Properties as a Senior Associate! Ashlea previously affiliated with a large national firm. Ashlea now looks forward to working with clients at Central Properties!
As part of our ongoing rookie mentor program, Central Properties hosted a rookie seminar on working with lenders on Tuesday, August 5th. The session, which is the fourth in a series of six topics important to rookie agents, was led by Ellen Klein, Partner at Central Properties, and joined by guest speaker Scott Barr, Loan Officer at Everbank. Central Properties does not designate preferred lender partners, however, agents were updated on the importance of maintaining a good working relationship with lenders to ensure a smooth transaction from pre-approval to closing.
“Mold” is the last thing you want to hear when you’re making an offer on a house. While this could be unsettling news, mold doesn’t have to be a deal breaker, as Michelle Hopkin ProTec Inspection Services explained to Realtors at a recent visit to Central Properties. When mold is suspected, a home inspector certified to test for mold should visit the property to determine the scope of the problem, and to recommend a course of action for remediation.
Central Properties is pleased to offer for sale the unique and luxurious penthouse residence at 912 F Street NW #905. Custom designed by the award-winning workshop/apd, this all glass 4-level residence maintains a distinct identity on each level. The main entry includes an airy kitchen and a welcoming steel fireplace. The secluded Master suite includes open-plan master bath with a dramatic stone soaking tub. The four story space features a dramatic custom laser-cut Corian staircase around an internal elevator. This exclusive property is listed under the banner of Central Properties Luxury Edition, which offers sellers distinctive marketing and advertising to reach […]
Realtors who attended the Central Properties Mentors Series event on “Branding for Success” were treated to a crash course on the importance of defining and positioning their personal brands in real estate. The presenter, Dave Mangan founder of Idea House, explained that branding is shorthand for what people think of you, and that managing your brand is a way to influence how you’re perceived in the marketplace. Personal branding is tied to your reputation and to the perception of others. For better or worse, “branding” is happening whether you think about it or not. So it’s a good idea to […]