Are foreclosures crushing the market? - 06/17/09 10:08 AM
Anyone listing and selling real estate, whether agent or owner/buyer can tell that foreclosures are affecting property values. Certainly this begs the question, isn't it in the banks' best interest to get top dollar for their inventory?
The answer may surprise you!
Recently I was in contact with a local appraiser who expressed his frustration at what he referred to as two sets of data. The first is normal sales between a willing buyer purchasing from a willing seller and the other is bargain hunters buying up foreclosures. The problem is that, as foreclosures become a larger percentage of the market, … (2 comments)

Special program for REO purchases in Frederick County Maryland - 06/10/09 10:21 AM
Thinking of buying in Frederick County? There is a special new program about to come on line to purchase REO properties in Frederick County. The program is funded by the federal Neighborhood Stabilization Program (NSP) in conjunction with the Maryland Department of Housing and Community Development's Neighborhood Conservation Initiative. This program is for bank owned properties in specific targeted areas in Frederick County.
The program gives loans from $15,000 - $25,000. These are 0% interest loans for owner occupied purchases and the loans are forgiven after 15 years. The specifics will be posted on the Frederick County website at www.co.frederick.md.us/nci  Although … (0 comments)

 
Larry Riggs - Your Frederick County Specialist (Real Estate Teams, LLC - Ahearn Team) Rainmaker_large

Larry Riggs - Your Frederick County Specialist

Frederick, MD

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Real Estate Teams, LLC - Ahearn Team

Address: 50 Citizens Way #400, Suite 400, Frederick, md, 21701

Office Phone: (301) 695-3020

Cell Phone: (301) 676-0558

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