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Buying a condo is different from buying a single family home. Here at  dcclout.com we make it our responsibility to make sure you know all the right questions to ask.  You need to see the minutes of the board meeting to see what the owners are complaining about,  the owner delinquency rate and you'll probably need a real estate attorney to review the bylaws. 
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DC  May  2009 Home Sales  Statistics  

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DC 1st Time Homebuyers Can Get Up to $70k  $40kToward the Purchase of a New Home.    more
 
 
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Obama's Plan to Help Struggling Homeowner Avoid Foreclosure
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    DC Monthly Condo Sales for the  May 2009 by price
Price Range Units Sold
Under $100,000 2
$100,000 - $199,999 22
$200,000 - $299,999 50
$300,000 - $399,999 57
$400,000 - $499,999 42
$500,000 - $599,999 23
$600,000 - $699,999 13
$700,000 - $799,999 4
$800,000 - $899,999 1
$900,000 - $999,999 0
$1,000,000 - $2,499,999 1
$2,500,000 - $4,999,999 0
Totals 215
 
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$8000 -  Obama Stimulus Package  2009  First Time Homebuyer Tax Credit - ANSWERS!
courtesy of Al Matlock DC MD Real Estate Professional                                                                                                       Ask DC's Condo Guy