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Washington, DC 20009

2 Beds   2 Baths   Condo

$325,000

Status: Inactive

Listing ID: 52751773

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Property Information

  • Price: $325,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Full Baths: 2
  • Total Square Feet: 935
  • Style: New Traditional
  • Heating Type: Forced Air
  • Air Conditioning: Central A/C
  • Year Built: 1910
  • Comments: Listing Status: Pending
  • Source ID: DCDC437224
  • Days On Site: 345
  • Subdivision: Columbia Heights
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Property Type: Condo
  •  

Short Sale

Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

    Contact Information

  • Agent Company: Keller Williams Capital Properties
  • Agent Name: Michael O'Sullivan
  • Agent Company Address: 7801 Woodmont AVENUE
  • Agent Company City: Bethesda
  • Agent Company State: MD
  • Agent Company Zip: 20814
  • Agent Company Phone: (240) 383-1350
  • Agent Company Email: Email Now
  • Agent Phone: (240) 383-1350
  • Agent Email: Email Now

Listing History

Start Date End Date Listing Type Bank Name
10/26/18 01/25/19 Short Sale

    Mortgage Information

  • Estimated Monthly Payment: Payments as low as $1,707 per month
  • Monthly Payment Disclaimer:

    Based on a 30 year fixed-rate of

    5.75% with $32,500 (10%) down.

    Check rates now!

FIRST STEPS:

Short Sales

You've identified an ideal short sale property. Now what? Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value.

Read more

Indeed, the existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

On the flip side, lenders are often willing to agree to sale prices that are considerably less than what is owed on the current mortgages because the alternative is foreclosure, a costly, complicated and expensive process that will most likely only clog their non-performing asset pipeline further.

Therefore, once you identify a desirable short sale property, it's important to contact a local licensed real estate professional - or the listing agent - who can walk you through the negotiation and purchase process.

You need to act fast!

That's because short sales are time-sensitive. In addition, it's not a "traditional" transaction, meaning that it often takes longer - about four to six months on average - to close a deal.

But, more often that not, it's well worth the wait ... literally and figuratively.

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foreclosure.com

Columbia Rd Nw # 1
Washington, DC 20009

2 Beds   2 Baths   Condo

$325,000

Status: Inactive Listing ID: 52751773

Property Information

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Property Description

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Listing URL

https://www.foreclosurefreesearch.com/listing/address.html?address=Columbia-Rd-Nw-#-1-Washington-DC-20009/52751773_lid