This week’s Deal of the Week is a one-bedroom condo in Brightwood that may be the perfect unit for a first-time buyer who actually wants to see a dent from the $8K tax credit. As we mentioned in a post not long ago, the tax credit is only really noticeable in areas where sales prices are particularly low (like Las Vegas). Well, at $225,000, the credit will account for about 3.5 percent of the sales price of this unit. The sunny corner condo has windows everywhere, all new appliances and finishes, washer/dryer and central A/C. While public transportation options are limited, parking is only an extra $75 a month, a price we factored in below. More photos and info below. For the full listing, click here.
5754 Colorado Ave. N.W., #101 (see map here)
Here are some monthly payment calculations based on a 20 percent down payment and a 30-year fixed rate mortgage at 4.98 percent.
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