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Thursday, September 12, 2019

Push Play!


So many views! COMING SOON!

Chris Hardgrave & Co. are thrilled to announce these homes are COMING SOON! If you're interested in hearing more details about any of these properties, please reach out to us!


You're going to want to stream this!
Join us at the H St Festival and hang out in the coolest "VIP Lounge" at the event! You're definitely not going to want to miss this, we look forward to seeing you there!
When: Saturday, September 21st, 10am-4pm
Where: 1350 Florida Ave NE, Washington, DC 20002


YouTube could become the biggest giant in...

We all know YouTube is a huge video-sharing site, however, it may become the next giant in...drumroll....podcasts! In a recent study, YouTube has shown to be a growing destination site for recent podcast listeners, passing Apple and Spotify. 
Want to learn more about this? Click now!


Check out this new docu-series!

NFL has partnered with YouTube to produce a weekly show that will highlight game footage, behind-the-scenes clips, and wired sound from this 2019 season. The 22-episode show launches tonight (September 11th). Looking to stream this new series? Click now!

And the most viewed YouTube video of all time is...

Since its start in 2005, YouTube has accumulated many views with its millions of videos on its platform. So, which videos have the most views of all time?
Remember this video? Click now!



If you know of anyone looking to buy or sell in the DC metro area, feel free to connect us! We love and appreciate referrals!

Monday, September 9, 2019

Should You Buy A Condo Over A Single-Family Home?

Plan ahead - Compare Mortgage Rates


Lower costs and included maintenance make condos attractive to first-time home buyers, but compared to single-family houses, condos have risks. What to know before you buy a condo.

First-time homebuyers can get overwhelmed quickly. Learning the terms, negotiating the loan market…even if you’re not a first-time buyer, there’s a lot to consider. In the fast-growing real estate market, many aspiring homeowners are opting for condominiums because they’re newer, smaller and often have associations that handle maintenance and sometimes provide perks like shared pools.
While you shouldn’t look at any primary residence as an investment, per se, you might ask yourself: Will this condo appreciate like a house?
It’s one of several questions to ask yourself when choosing between a condo and a single-family. Here are some of the pros and cons of condo living: 

Pro: Cheaper to buy

Usually, condos are less expensive than homes. The difference depends on your geographic area, but in a higher-cost market, a condo can be a bigger bargain.
Tip: Not all condo developments are approved for loans from the Federal Housing Administration (FHA). For an FHA loan to be insured, the development should have at least 50 percent of units occupied by owners—30 percent for new developments. Learn more about FHA loan requirements for condos.

Con: Harder to sell

Condos, in general, don’t appreciate in value at the rate that homes do. You may even lose money when it comes time to sell.
And if your neighbors are selling too, you don’t have much to set yourself apart from the competition—most units will be similar. One tips is to look for an attractive location within the building. In general, the more bedrooms your unit has, the easier it will be to sell.
Tip: Renting out the condo could be an option, if you’re having trouble selling, but some associates place restrictions on renting. Learn the development’s rental policy.

Pro: Low maintenance

Landscaping, snowplowing, repairing roofs—the time and money required to maintain a house can add up in a way that surprises first-time homeowners.
Utility bills are higher in a single-family home than in a condo, too, since you’re responsible for more space.
In condos, like apartments, residents outsource the heavy maintenance work. You’ll pay a fee, but you won’t have to shovel the drive or clear off fallen branches after a storm. Minor maintenance fixes in your condo unit may be up to you; find out which expenses are your responsibility.
Tip: A good condo investment is one where the annual increase in the monthly maintenance fee hasn’t gone above the general rate of inflation (about 3 percent). Otherwise, you may be paying for more repairs than you bargained for.

Con: Association fees

The downside of outsourcing building maintenance? What you save in time, you spend in money.
Condos charge association fees outside of monthly mortgage payments. As a condo owner, you’re part of a community—think of the fees as membership dues. Ballpark, they can run from $100 to $1,000 a month.
Two things to keep in mind about association fees:
  1. You pay extra for amenities (like 24-hour security) and when major renovations need to be made.
  2. You pay extra if other community members don’t pay their dues. To avoid subsidizing delinquent neighbors, find out how many condos the association manages, and how many residents pay on time. If at least ninety-seven percent of residents are current with payments, that’s good news for your investment. And more condos mean more owners shouldering their share.
Tip: Ask how much money is in the association’s reserve fund, or repair fund. The association should have plenty budgeted for unforeseen expenses. In general, a healthy reserve fund is 10 percent of the annual revenue budget—up to 25 percent in an older neighborhood where repairs are more frequent.

Pro: Easy city access

Urban living isn’t just trendy—often, it’s practical. If you work in a city and prefer a short commute, or if you just want to live affordably near urban hot spots like shops, restaurants and train stations, a convenient condo’s easier to find than a house.
Some urban-planning experts predict that most of us will be migrating to cities in the future as the population booms. So for a long-term investment, city property isn’t a bad idea.
Tip: Parking can be a dilemma for condo owners with cars. Find out if the development you’re considering offers parking exclusive to residents, and if there’s an extra cost. Some developments have first-come-first-serve parking areas; others may grant spots to residents for a fee.

Con: Less space and privacy

Houses offer room for storage and room for growth. Objects tend to accumulate over many years in a lived-in space. (Just ask your parents). Condos may have shared storage units or something similar, but you can’t store stuff in your own basement. You’ll learn to economize the space you have, especially if kids are in the picture.
Condo associations can restrict certain activities, such as smoking or even barbecuing on balconies. You’re in a shared space, which means both respecting and dealing with your neighbors. (Homeowners have neighbors too, of course, but not as close by.)
Tip: For your own yard, a house is the way to go. But for condo owners, building and neighborhood amenities can provide options for activities. Your condo complex may have a pool, gym, or recreation center that’s covered by your fees.

Pro: Community and safety

Renters come and go, but buyers build a community. Condo complexes are less likely to have high turnover than apartment buildings, which means you’ll get to know your neighbors.
You have regular opportunities to socialize—picking up mail, doing laundry—that aren’t as easy to come by in a single-family home. Some complexes may have social events for residents, as well.
There’s safety in numbers; familiarity with fellow residents means you have someone to turn to if problems arise.
Tip: Before you buy, make sure at least 90 percent of condos in the development are owner-occupied. A solid occupancy rate means a well-run association (and more residents chipping in for fees). 

Con: Less control

Communities come with rules. While a homeowner can renovate their property whenever and however they choose (for the most part), condo owners have restrictions on what they can and can’t do.
Before you modify the exterior—and sometimes the interior—of a condo, you need consent from the association, even though you own the property.
All homeowners share in decision making processes that affect the group. Penalties for violating the covenants, conditions, and restrictions (CC&Rs) could include fines or being asked to leave.
Tip: Ask about restrictions before buying. What rules apply to the common spaces? What’s the procedure if you want guests? Are pets permitted?

Summary

Depending on your preferences for space, privacy, geographic area, and community living, you may be happier in a single-family home or in a condo. No matter what, make sure you ask all your lingering questions before you sign on the dotted line.

Friday, September 6, 2019

Join us at the H St Festival!



Join us at the H St Festival and hang out in the coolest "VIP Lounge" at the event with drinks and snacks on us! You're definitely not going to want to miss this, we look forward to seeing you there!

When: Saturday, September 21st, 10am-4pm

Where: Hardgrave & Co. / Jason Martin Group Office, 1350 Florida Ave NE, Washington, DC 20002

Thursday, September 5, 2019



Touchdown! JUST LISTED

See Tim at the OPEN HOUSE - Saturday 2pm to 4pm
Stunning and historic on the outside while touting a modern and pampered vibe on the inside. Forget those teeny-tiny, two-bedroom houses around the Hill. For less money, you can get yourself more square footage, two sizeable rooms, two luxurious full baths, and a living space dedicated to refined living. This 1920’s building was given a complete makeover in 2014 with an emphasis on open space, highlighted by quartz countertops, stainless steel appliances, white shaker cabinets, hardwood flooring, large walk-in closet & full-size washer/dryer (in unit). Located .3 miles from a metro makes it a commuter’s dream, and being less than a mile from Eastern Market, H St & all the new development in Hill East means fun and food are always close by.


See Tim at the OPEN HOUSE - Saturday 10am to 12pm
Beautiful and spacious turn-of-the-century row house with original period details in a fantastic neighborhood! This dazzling Capitol Hill Beauty and historic Grand Dame is a must-see. Exquisitely restored original floors and shutters, pristine fireplaces, stately 9ft high ceilings, and wooden banisters. Repointed brick and fully-restored turret handsomely adorn the front of this fabulous Home on The Hill.~With over 2000 finished square feet upstairs, and a spacious 1000+ square foot full height unfinished basement that awaits your artistry, or development as a lucrative second unit depending on your level of ambition! Charming and wide yard ready for your enjoyment and off street parking for up to two small cars or one large under a pergola (also perfect for alternative outdoor dining). Newer water heater, new front stairs, and newer roof with solar panels! Luxurious full bath with original restored tub, heated floors, and heated towel rack. Details include: ring doorbell, elfa shelving in closets and office, you have to see to believe. Solar panels fully paid for (with payments for energy generation, that translates to savings of estimated 5k per year!).Enjoy the upbeat energy and easy access to all D.C. has to offer. Go for a morning jog, walk your dog, or take the kids to play just 2 blocks away at Lincoln Park. Stop in to one of the many independent coffee shops nearby as you enjoy walking the historic tree-lined streets of the neighborhood. Make your way down to Eastern Market, known for its fresh foods, produce, bakery, and weekend farmer/flea market. Explore H Street, Barrack's Row and Union Market just blocks away. In-bounds for award winning Maury Elementary. Getting across town is easy as well - D6 bus line picks up across the street, Union Station (red line and Amtrak) and Eastern Market (orange and blue lines) are the closest metro stops.


Join us at the H St Festival!

Join us at the H St Festival and hang out in the coolest "VIP Lounge" at the event! You're definitely not going to want to miss this, we look forward to seeing you there!

When: Saturday, September 21st, 10am-4pm
Where: Hardgrave & Co. / Jason Martin Group Office, 1350 Florida Ave NE, Washington, DC 20002


Get ahead of the game: COMING SOON!

Chris Hardgrave & Co. are thrilled to announce these homes are COMING SOON! If you're interested in hearing more details about any of these properties, please reach out to us!


Football is back! 

Get your picks finalized because Week 1 of NFL is upon us! So, who are the front runners? 
Click now to get all of the information for Week 1: predictions, schedule, and more!


And the #1 NFL defense for 2019 is...

So, who will be the toughest team to score on this year? Check out the list of defenses ranked for 2019. Can you guess who #1 is? Click now and read this before your team plays!


Grab a beer and watch your team!

No matter who you're cheering for, these spots are the best for grabbing some beers and watching football! Check out the best places in DC to watch your favorite team, and have fun with friends, click now!



If you know of anyone looking to buy or sell in the DC metro area, feel free to connect us! We love and appreciate referrals!