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Our agents are local experts with unparalleled knowledge of the DC area real estate market and are committed to using their expertise to help you find a place you can truly call home.
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FROM OUR BLOG
December 4, 2019
Home inspections are one of the more important aspects of the home buying process, and a thorough inspection may occasionally reveal problems that are severe enough to seriously concern a future owner. We wanted to run down a few potential inspection findings that should raise serious red flags. The following are a list of possible issues: Structural damage (usually determined by noting cracks in plaster, visibly shifted floors, doors, or windows; visibly shifted brick on the exterior, etc.) may require underpinning to the tune of $25,000-250,000 Water intrusion and grading problems (usually noted with visible water stains, visible presence or […]
November 20, 2019
In this post, we provide a brief outline of some of the up-front costs associated with buying a home. Here’s a rundown of the outlays. Earnest Money Deposit After making an offer and coming to an agreement with the home seller, a buyer is generally expected to pay 1 to 3 percent of the purchase price immediately. This earnest money deposit is held until the closing when it becomes part of the down payment. If the buyer backs out of the deal unexpectedly, the seller keeps the money. If the deal falls through due to a contingency that was previously […]
November 13, 2019
DC’s housing market is full of houses and condos that have been recently renovated by developers. The quality of these renovations varies greatly, and we wondered if there was a way for house hunters to tell the good renovations from the bad. Martin Ditto has done his share of renovations while developing houses and multi-family buildings through his company Ditto Residential, and he gave us a few pointers. These tips are not foolproof: a home may have fancy appliances but shoddy workmanship where it counts, or be well done throughout but have mid-grade fixtures. Still, here are ten tips that […]
ABOUT
Central Properties is an independent real estate brokerage.
We hire smart agents and give them the resources and support to meet your every need. From helping you find the right home and negotiating a great purchase, to marketing your home and finding a great buyer. When you're ready to move, Central Properties is at your service!