Tuesday's Deal of the Week
This week’s Deal of the Week is a two-bedroom, two-bath condo in Adams Morgan that we warn you, is a short sale. The complaints with short sales (which are essentially homes that are on their way to foreclosure, but are not there just yet) are that it can take forever to hear back from lenders with this type of property, and that there is a slim chance that you will actually get the home as you are likely in competition with a number of other buyers.
That said, this is a very nicely priced two-bedroom that has a sunny living room, a large master bedroom and a brand new kitchen. After just a week on the market, the price was reduced by $50K, which makes us think that there is still some negotiating room. If you have time to wait, this may be the property for you. More photos and info below. For the full listing, click here.
Kitchen
Master Bedroom
2509 17th Street NW, #2 (see map here)
Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 5.07%.
See other articles related to: dclofts, deal of the week
This article originally published at https://dc.urbanturf.com/articles/blog/tuesdays_deal_of_the_week22/1311.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf will explain what special assessments are, how they work, ... read »
Plans are moving forward at the site of a long-planned project in Ivy City, however w... read »
Nearly 1,400 residential units are on the boards around Union Market, about the same ... read »
Up 8% year-over-year, it is the first time that prices have exceeded $800,000 for det... read »
If there was ever a place where the old adage “one man’s trash is another man’s... read »
- What Are Special Assessments in Condo Buildings and What Do They Cover?
- Douglas Development Pitches Large Warehouse For New City Site Along New York Avenue
- Hotels, A Public Park and The 1,400 Units In The Works For Union Market
- The Price For A House in The DC Area Hit A New High in April
- Tile, Furniture, Appliances & (Much) More -- The Local Warehouse Chock Full of Salvaged Home Goods
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro