Danny Leung's Blog Posts

Lending Programs

As a first time home buyer in the District, you may be eligable for various different government assistant programs:DC Open DoorsMortgage Credit Certificate (MCC)Home Purchase Assistance Program

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DC Tax Abatement Program

The district of columbia also have lower Income Home ownership tax Exemption Program.  In order to qualify, your income must fall under the household income limits against all person(s) in

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DC First-Time Homebuyer Recordation Tax Reduction

According to the DC Office of Tax and Revenue, the recordation tax rate for a “first-time District homebuyer” purchasing “eligible property” will be reduced. For houses

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Real Estate Taxes Due Dates

District of Columbia Tax Periods1st Half 10/1-3/31 (Due 3/15 – Paid in Arrears)2nd Half 4/1-9/30 (Due 9/15 – Paid in Arrears)Maryland Tax PeriodsMONTGOMERY COUNTY1st Half 7/1-12/31 (Due/

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Buy, Sell, Rent: -- VIRTUALLY!

COVID-19 has put a speed bump in the real estate market.  After closing up several transactions towards the end of March, buyers were afraid to come out to tour homes, while sellers pulls their

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