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Camp Springs : Real Estate Advice

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  • Home Buying3
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Activity 3
Wed Apr 21, 2010
Emelia Sanchez answered:
Yes, some lenders are requiring 25% equity vs. 30%. The lender would like to see that if your tenant were to miss a payment or two you would be able to pay both mortgages and not walkaway and let it go to foreclosure. If there is the required equity they feel that you have enough vested interest to avoid foreclosure. ... more
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Mon Apr 19, 2010
Wonder Woman asked:
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Sun Sep 20, 2009
Lanre Folayan answered:
Here are the prices for various models at "Metro Place" at TownCenter.

Cleveland Park 1 1 759 $1350 - $1370
Mount Vernon 1 1 899 $1465
Gallery Place 2 1 897 $1550
Vaness 2 2 964 - 999 $1675
Eastern Market 2 2 1049 $1730
Georgia Avenue 2 2 1053 $1660
Woodley Park 2 2 1100 - 1107 $1855 - $1905
Dupont Circle 2 2 1113 $1855
Columbia Heights 2 2 1040 - 1181 $1750 - $1988
Federal Triangle 2 2 1267 $2355

But for these prices,you can definitely get a house with this. And with less than 80 days left to receive the $8000 home buyer tax credit,this is a great time to buy a house. You can search for homes for sale in zip code 20746 or any area of your choice by going to www.buyandsellnewhomes.com. Good luck to you.
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