While searching on MRIS for a client, there were a couple of condos priced under $150k. I was shocked to see the prices! Is this for real? No, it's not a typo, because all of the properties are listed on MRIS. So gotta be real, right?
Alexandria City, Arlington, Falls Church, and Annandale got a couple of them. This one below is a foreclosure. A 1BR 750 s.f. and reading the remarks "..bring all offers.." sounds like the bank is eager to sell this condo.
How about this one? A 3BR/1Ba bank-owned (REO) 1142 s.f. in Falls Church for $149.9k. Condo fee is a bit steep ($630) but, includes all utilities.
DC has its share, too. Take a look at this one below. A 3BR/2Ba fixer-upper (not for the faint of heart!) listed for $139.9k in Trinidad.
You can check out some of the other real thing here: Washington DC, inside-the-beltway Northern Virginia. Pssst.. stay away from those 'short-sale' properties. Ain't worth your time, unless the property has 'only' one lender to deal with.
