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Found 2 blog entries tagged as "fixer upper".

Our top five reasons to buy now! 


Affordability:  Loan rates have been locked in by buyers as low as 4% in the past month.  Interest rates have climbed from around 3.5% last year to an average of 4.25% right now, and are predicted to continue to slowly climb.


It’s a better investment than renting:  The average rent per one bedroom is $1,850 in a neighborhood like Adams Morgan. The average sales price in that neighborhood is $578,774.00  With a 4% interest rate on a conventional loan and putting 20% down, the monthly mortgage payment is $2,210.41. The year-over-year increase in sales price is 20% in that neighborhood! If sales continue on that trend the same home could be sold for $694,528.80 next year.


Long-term growth potential:  The…

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5400 31ST ST NW, WASHINGTON, DC 20015

List Price: $650,000

This is a 4 bedroom single family home in Chevy Chase right off of Military Rd NW.  The home needs renovations and is sold as-is.  A home like this in good shape will sell over $800K easily.  Buy this home and fix it up and re-sell.  Great opportunity in Chevy Chase DC. 

5501 29TH ST NW, WASHINGTON, DC 20015

List Price: $550,000

This Chevy Chase home is owned by the same owner as the home above.  This is a detached rancher on .14 of an acre.  This is a short distance from Rock Creek Park and Friendship Heights.  The home is listed as being in living condition but it needs work.  Great investment with big profit potential.

915 E ST NW #1214, WASHINGTON, DC 20004

List Price:…

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