News and Resources Posts

Learn the steps to buying a home from experienced full time buyer agents serving Washington D.C., Maryland and Virginia & an experienced loan officer with over twenty years of experience in the mortgage business.

Mayor Muriel Bowser has launched the Black Homeownership Strike Force or BHSF in an effort to address home ownership disparities in Washington D.C.‍For years, Black Americans across the country were intentionally excluded from the opportunity to purchase homes and build wealth. 

A buyer's agent or in our case, an exclusive buyer’s agent, is a real estate agent who represents the interests of the buyer in a real estate transaction. ‍The fee paid to the buyer’s agent is typically a percentage of the purchase price of the property. The percentage will vary. The fee, called the cooperative commission, is included on the property listing on the Multiple Listing Service website.

This video from HomeBuyer Brokerage gives a quick overview of Silver Spring Maryland. Adjacent to Washington D.C., Silver Spring Maryland has four Metro stations on the redline, restaurants with cuisine from around the world, and a variety of home styles.

An earnest money deposit, or EMD is a sum of money that the buyer deposits into a non-interest-bearing account, typically with a title company. This deposit is usually anywhere between 1%-3% of the total sales price of the home and is made once a buyer's offer has been accepted by sellers. ‍

The Tenant Opportunity to Purchase Act was enacted over thirty years ago by the D.C. Council. It was an effort to protect renters from being kicked out of their homes without appropriate notice from their landlords.