Close It!™ House of the Week: FHA-approved and priced to sell

Close It!™ House of the Week: FHA-approved and priced to sell
Close It™ is the free Web and iOS app that calculates cash to close for buyers and cash in pocket for sellers.
This week we're changing things up a bit by looking at an FHA-approved 1BR condo across the street from the National Cathedral. It was last renovated in 2004.

This little sunny gem with southern exposures is located on Wisconsin Avenue in DC's Glover Park neighborhood. It's got hardwood floors throughout, its own washer/dryer unit, 9-foot ceilings and a private condo park with dog run and picnic area. 

Assuming a buyer put down 3.5 percent on an FHA loan, her cash to close number will be approximately $17,965.63. The monthly payments would then be around $2,014.11 per month including the HOA fee. For a complete picture of the cash to close, or for a run-down of the seller's side of the deal, plug the numbers into the Web version of Close It™ or download the free iOS app

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