That price is correct. Less that $40K for the one bedroom condo. Yes, there's a catch: It's a short sale. While there's a walk-in closet, the kitchen is outdated, but for that price, the buyer can use the savings to revamp the space.

Here's another short sale. And while the interior made not be the best, there's plenty of land to make this place a bit more appealing. Plus, the property is close to recreational opportunities, like tennis courts and bike trails.

Add this short sale to the growing list. This home has a small footprint -- only 900 sq.ft -- but somehow there are 4 bedrooms in this place. The condition is supposedly "good" but there aren't interior pics. So who knows...

Let's get this straight. This property is "not a foreclosure or short sale". With two bedrooms and two bathrooms, this house is looking for a buyer because the seller is motivated. The "adorable bungalow" has (relatively) easy Metro access and plenty of yard space.

And a cute little Cape Cod for not a lot of clams. The home is only 1,170 sq.ft., but it crams a seemingly impossible 6 bedrooms into the space. The interior is bright and airy, and the kitchen is banging.

If in need of a one bedroom with lots of light as if living in a gallery, here's a chance. With bamboo floors and soaring ceilings in the heart of the town's Arts District, the space sprawls at over 1,100 sq.ft. and includes potential "general closing costs credits" if the buyer decides to use the "developer's lenders and settlement company".