Every Friday I will blog about the best deals that I think are available on the market. Buyers need to understand that inventory is very low right now. To get a good deal you must be patient and be willing to make a lot of offers with the hopes that one will stick. A lot of the homes on the market right now are overpriced. You need to be prepared to make a lot of lower then asking price offers and hope that the seller comes to his or her senses.Â
Here are the hot properties that I think are worth looking into:
1306 FARRAGUT ST NW, WASHINGTON, DC 20011
Huge house. Been on the market for 217 days. Started at $680K. Homes on this street in 16th Street Heights have huge lots. Â
Current Price: $485,000
Offer Price: $425,000
Resale Price: $645,000
4620 4TH ST NW, WASHINGTON, DC 20011
Petworth is hot! This is a Fannie Mae Homepath property. It has been on the market for 51 days.Â
Current Price: $309,900
Offer Price: $285,000
Resale Price: $425,000
1254 Queen St NE, Washington, DC 20002
The Trinidad area prices are going up due to the price increases in neighboring H Street. This is a short sale. You can easily rent this out or fix and resell.Â
Current Price: $175,000
Offer Price: $165,000
Resale Price: $255,000
If you would like to see any of these properties please don't hesitate to call me at 301-204-0808 or send me an email. Have a great weekend!
