Gaithersburg, Rockville Offer Environmental Rainscapes Rewards to Residents - 02/27/09 12:33 PM
Gaithersburg, Rockville Offer Environmental Rainscapes Rewards to Residents
Gaithersburg, MD. The cities of Gaithersburg and Rockville are joining forces to offer a Rainscapes Rewards program to residents of the two municipalities. The program offers incentives for property owners that install natural drainage projects. These projects reduce the amount of stormwater entering local streams, increase the groundwater supply, reduce chemical and nutrient pollutants entering waterways, and may help reduce water utility bills. 
In the first phase of the program, Gaithersburg and Rockville are offering a $50 per barrel (up to a maximum of four barrels) rebate for households within their city … (0 comments)

FHA INCREASED LOAN LIMITS - 02/26/09 12:50 PM
FHA INCREASED LOAN LIMITS
FHA has increased mortgage loan limits for the calendar year 2009:
https://entp.hud.gov/idapp/html/hicostlook.cfm
The new FHA maximum loan amount for Montgomery, Frederick and Prince George's County is now $729,750. Please note that some Maryland counties have much lower loan limits. Check with us or your mortgage lender if you have questions.
The new national reverse mortgage limit is $625,000. This will give access to higher funding for senior home owners needing more income or cash for any purpose.  
FHA has again become the most popular mortgage financing for first time home buyers. Prospective purchasers should always obtain pre-approval before submitting a contract … (0 comments)

MONTGOMERY COUNTY, MD REO REPORT - 02/26/09 11:54 AM
MONTGOMERY COUNTY, MD - LENDER OWNED FORECLOSURES
REO REPORT FROM ROY KELLEY & ASSOCIATES    
(Rev. 2/26/09 - Contact us for further daily price reductions.)  
Roy Kelley, RE/MAX Realty Group, Gaithersburg, MD 301-921-4569 roykelley@mris.com  
REO homes are foreclosures owned by lenders and other entities. We represent clients as exclusive buyer agents. The disclosures that are required for home buyers in Maryland will be provided when you meet with us.  Buyers must have pre-approval letters for mortgage financing.  Email us for a referral to a lender.  
The following are available REO homes. Prices are reduced until they are … (2 comments)

DAMASCUS ROAD HOME SCHEDULED FOR TRUSTEE SALE - 02/25/09 09:27 AM
DAMASCUS ROAD HOME SCHEDULED FOR TRUSTEE SALE
6408 DAMASCUS RD, GAITHERSBURG, MD   20882-2628
Real estate investors are keeping an eye on the long list of properties scheduled for trustee sales in the coming weeks. This 5 BR/2.5 BA home was previously on the market as a short sale listing and is now on the Alex Cooper Auctioneers list for a trustee sale on March 4, 2009 at 2:43 PM. The required deposit is $70,000.  www.alexcooper.com  The public record shows a previous transfer at $845,000 in 2006. 
Trustee sales are conducted at the court house entrance in Rockville and are open to the public … (0 comments)

SHORT SALES GOING TO FORECLOSURE - 02/25/09 09:10 AM
SHORT SALES GOING TO FORECLOSURE
Buyers in the suburban Maryland real estate market are attracted to short sale listings because of the low listing prices and the opportunities for bargain purchases. These are transactions that require approval by the lenders because the sales proceeds will be less than the mortgage balances. Yes, deals can be found but buyers should know that only a small percentage of short sales contracts actually reach settlement. 
What are the risks?  It can take a lot of time and effort to get a short sale to settlement. If the buyers have a tight time frame, they … (0 comments)

CHECK FOR CANCELLATIONS BEFORE ATTENDING TRUSTEE SALES - 02/24/09 02:58 PM
CHECK FOR CANCELLATIONS BEFORE ATTENDING TRUSTEE SALES
Investors that deal with trustee sales always check for cancellations before attending the auctions at the court house entrance. Sales are canceled when the home owners file for bankruptcy protection and when the delinquent mortgage loans are reinstated.
This is a sample of trustee sales scheduled by Alex Cooper Auctioneers for today.  Many of the sales were canceled. This is a normal situation.
Montgomery County
11:01 AM- 3127 Farnborough Court, Unit #259-C, Silver Spring, 20906 Dep. $32,000. F&M
11:02 AM- 14004 Pikestaff Court, Germantown, 20874 Dep. $56,500. F&M
11:03 AM- 11710 Old Georgetown Road, … (0 comments)

WEXFORD REO BARGAIN - 02/24/09 02:10 PM
WEXFORD REO BARGAIN, GERMANTOWN, MONTGOMERY COUNTY, MD
Smart home buyers are watching the inventory of lender owned foreclosures for late winter purchases. This single family home with 3 BR/2.5 BA and a double attached garage is a good example of the available opportunities. The previous owner paid $475,000 in 2006. It is now available from the lender at only $280,000. A single family home at a condo price!  
We represent buyer clients as their exclusive agents. Contact us for client reports on available lender owned foreclosures in Montgomery County or Frederick County, Maryland.  roykelley@mris.com
 18 DOXDAM CT, GERMANTOWN, MD   20876-4172  $280,000

… (0 comments)

LAKELANDS TRUSTEE SALE - 02/24/09 01:46 PM
LAKELANDS TRUSTEE SALE
Harvey West Auctioneers has posted a trustee sale for the townhome at 409 Phelps Place, Gaithersburg 20878 for March 11,2009 at 10:00 AM.  The required deposit is $25,000 by cash or certified funds. This property is not being offered for inspection.
http://www.hwestauctions.com/schedule.asp
Trustee sales are open to the public and all qualified bidders. Prospective buyers should carefully read the newspaper advertisement for the terms and conditions. The Washington Post advertisement is scheduled to appear again on March 2 and 9. The defaulted mortgage loan is in the amount of $400,000.
In the current market, a high percentage of … (0 comments)

REO HOMES BACK ON THE MARKET - MONTGOMERY COUNTY, MD - 02/24/09 01:11 PM
 REO HOMES BACK ON THE MARKET - MONTGOMERY COUNTY, MD
If you previously called on any of the following properties and were told that they were under contract, please call us again. The contracts did not go to settlement and these homes are again on the market and available for purchase. The lenders have a surplus inventory of owned foreclosures. They are highly motivated sellers and prices are reduced until the properties are under contract.
Buyers do need to be pre-qualified for mortgage financing since a lender letter must be submitted with any offer. Ask us for a referral if you … (0 comments)

KENTLANDS TRUSTEE SALE - 02/24/09 10:06 AM
KENTLANDS TRUSTEE SALE
Harvey West Auctioneers has scheduled a trustee sale of the home at 144 Kent Oaks Way, Kentlands Gatehouse, Gaithersburg MD 20878.

http://www.hwestauctions.com/schedule.asp
The trustee sale auction, at the courthouse steps in Rockville, is set for March 4, 2009 at 10:36 AM.  The required deposit, in cash or certified funds is $25,000. Interested bidders should carefully read the advertisement which has appeared in The Washington Post. According to the advertisement, the defaulted loan amount is $619,000. This home is not being offered for inspection.
Trustee sales are open to the public and all qualified bidders. Always check for … (0 comments)

3 Day Washington DC, Delaware, Maryland, Virginia Auction Event - 02/24/09 09:23 AM
 REDC AUCTIONS
 3 Day Washington DC, Delaware, Maryland, Virginia Auction Event
http://www.ushomeauction.com/auction-details.php?auctionID=H-063&chkVenue=470
REDC has scheduled several major auctions of properties owned by lenders. You may view the brochure on line or call 1-800-514-5807 to receive a brochure in the mail.
Some buyers will purchase at bargain prices. If you are interested in an auction property, it is a good idea to have a buyer agent to advise you on the local market and the specific properties of interest. Always attend the open houses for homes that you are considering. Carefully read the terms and conditions of the auction and understand the … (2 comments)

FREDERICK COUNTY, MD REO REPORT - 02/23/09 03:03 PM
FREDERICK COUNTY, MARYLAND - LENDER OWNED FORECLOSURES   
REO REPORT FROM ROY KELLEY & ASSOCIATES    
(Rev. 2/23/2009  Contact us for further price reductions.)  
REO properties are foreclosed homes that are now owned by lenders.  We represent purchaser clients as their exclusive  agents. The disclosures that are required for home buyers in Maryland will be provided when you meet with us.  Buyers must have pre-approval letters for mortgage financing.    
The following are available REO homes. Prices are reduced until they are sold.  All of this information is subject to change or error.  We will update the details … (0 comments)

While New York Bleeds Washington Thrives - 02/23/09 08:13 AM
While New York Bleeds Washington Thrives
At the same time Wall Street is losing jobs and prestige, the nation's capital is gaining steam as it ramps up to fight the recession
Look out, New York. Washington is gaining on you.
As the nation's most populous metro area feels Wall Street's pain, the fourth-largest -- Washington -- is barely sensing the recession. In fact, Moody's Economy.com estimates that metro Washington's economy will actually grow 2.5% from mid-2008 through mid-2010. New York's economy is expected to shrink 4.2%.
http://realestate.yahoo.com/promo/while-new-york-bleeds-washington-thrives.html
It is a good time to take advantage of the real estate market. The … (0 comments)

Housing secretary defends Obama foreclosure plan - 02/22/09 07:44 PM
 Housing secretary defends Obama foreclosure plan 
45 percent of home sales in December were "distressed," meaning either sellers were facing foreclosure or the homes were already seized by the bank, driving down home prices further in an already-battered market.
WASHINGTON (CNN) -- The Obama administration's efforts to help struggling homeowners will aid "responsible" borrowers, not deadbeats or speculators, Housing Secretary Shaun Donovan said Sunday.
The plan is aimed at "folks who are playing by the rules," Housing Secretary Shaun Donovan says.
"We're going check everybody's income when they come into this program. We're going to make sure that people are … (0 comments)

FREDERICK COUNTY, MD REO BACK ON MARKET - 02/22/09 07:16 PM
FREDERICK COUNTY, MD REO BACK ON MARKET
If you previously called on this property and were told that it was under contract, please call us again. The property did not go to settlement an is again on the market and available for purchase. Lenders are highly motivated sellers and it is a good time to submit an offer. Prices are reduced until the homes are under contract. We represent buyer clients as their exclusive agents. roykelley@mris.com
REO:  3933 Sugarloaf Dr., Sugar Loaf Overlook, Monrovia 21770 3 BR/2 BA $234,900 SF REDUCED FROM $309,900  
http://matrixreports2.mris.com/MatrixReportServer/Output/2327/Synopsis_-_Customer4070.PDF

… (0 comments)

In a Bust, a Refinancing Boom - 02/22/09 01:57 PM
IN A BUST, A REFINANCING BOOM
Jack Guttentag, in his column The Mortgage Professor, discusses mortgage refinancing in The Washington Post. If your mortgage rate is or may go higher than the current low rates, it may be a good time to refinance to a low fixed rate. Always ask you current lender if they have special incentives for borrower clients.
In a Bust, a Refinancing Boom - washingtonpost.com 2:43pm Source: www.washingtonpost.com It is unusual to have a mortgage refinancing boom in the middle of a foreclosure crisis. In the 1930s, the last time we had a foreclosure crisis comparable to this … (0 comments)

Federal Stimulus Bill Impact on Buyers - 02/22/09 11:32 AM
Federal Stimulus Bill Impact on Buyers
Great news for first-time home buyers.  The Federal Stimulus Bill of 2009 provides great incentives for those interested in purchasing homes this year.  While many homes are at an all-time low price, this is the time to get serious and start looking.  While prices might drop slightly as the market turns, the home of your dreams may be purchased by someone slightly quicker to make a move.  Don't delay any longer if you are seriously interested in finding your dream home.   The jest of the new law is as follows:
1. Up to Eight … (0 comments)

The Most Objectionable Of Documents - 02/21/09 10:57 AM
When we attend real estate settlements with buyer clients, there are some questions that may always be anticipated. One document that we all hate is the authorization allowing the lenders to access personal tax return information. This article appeared in the Housing Counsel column in today's issue of The Washington Post. The explanation by Benny Kass is one to note. The Most Objectionable Of Documents  
By Benny L. KassQ: Last week, I went to settlement on my first house. The settlement clerk at the title company had me sign a number of papers, most of which I did not understand. One … (0 comments)

A Home You Can Grow Old With - 02/21/09 10:35 AM
Many seniors wish to remain in their homes for a lifetime. This well done article appears in today's issue of The Washington Post. Some of these home owners could also benefit from the use of a Reverse Mortgage that could fund the cost of home improvements and supplement income with no monthly payment requirements. A Home You Can Grow Old With  
By Ann Cameron Siegal Steven Mintz, a Department of Energy economist, had multiple sclerosis diagnosed more than 30 years ago, so he and his wife, Suzanne, have had plenty of time to think about adapting their Kensington home in … (0 comments)

The Stimulus Package's More Buyer-Friendly Tax Credit - 02/21/09 10:00 AM
Excellent article in The Washington Post, The Nation's Housing, in the Real Estate section today. Combine the available $8,000 tax credit with family assistance and FHA financing and a new college graduate can become a home owner before the end of November deadline. Get the cash this year by amending the 2008 tax return since the credit allows a 2009 sale to be shown as a 12/31/08 transaction.  
The Stimulus Package's More Buyer-Friendly Tax Credit  
By Kenneth R. Harney Now that Congress has fixed a crucial flaw in last year's home-purchase tax credit, who will be able to make use … (0 comments)

New energy initiatives and incentives for Montgomery County - 02/21/09 08:31 AM

New energy initiatives and incentives for Montgomery County homeowners can help YOU save.  Learn more at this FREE seminar!
Roger Berliner, Vice President of the Montgomery County Council, will detail NEWLY announced incentives for homeowners making energy efficient upgrades to their homes as part of the Comprehensive Global Warming Legislation.   See the Community Calendar in The Gazette
WHEN:        Wednesday, February 25, 2009
TIME:           6:30 pm - 8:30 pm
WHERE:       Village Settlements, Inc
                    177 Kentlands Blvd.
                    Gaithersburg, MD  20878WHO SHOULD ATTEND:    
•·       Montgomery County homeowners
•·       Home buyers
•·       Home sellers
 
Other topics to be discussed … (0 comments)

FIRST TIME HOME BUYER TAX CREDIT - 02/20/09 01:55 PM
FIRST TIME HOME BUYER TAX CREDIT
Congress Enacts Bigger and BetterHome Buyer Tax CreditA tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid.
http://www.federalhousingtaxcredit.com/
First time buyers should obtain pre-approval for mortgage financing before submitting a contract on any property.  Contact us for a referral to a lender. We represent buyer clients as their exclusive agents. Many first time buyers are taking advantage of the … (0 comments)

MONTGOMERY COUNTY, MD TRUSTEE SALES www.hwestauctions.com - 02/20/09 01:32 PM
MONTGOMERY COUNTY, MD TRUSTEE SALES  www.hwestauctions.com
Harvey West Auctioneers has scheduled a number of trustee sales in Montgomery County, Maryland.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure the the lender that the property is being purchased in … (3 comments)

MONTGOMERY COUNTY, MD TRUSTEE SALES - FISHER - 02/20/09 12:58 PM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY THE FISHER LAW GROUP
The Fisher Law Group is advertising several trustee sales in Montgomery County.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure the the lender that the property is being … (0 comments)

ALTERNATIVES TO FORECLOSURE - 02/20/09 12:47 PM
ALTERNATIVES TO FORECLOSURE
Deed In Lieu of Foreclosure
A Deed In Lieu of Foreclosure is an option if you do not qualify for any of the other alternatives and you do not have additional liens against your property. To avoid foreclosure you may be able to deed the property directly to the lender.
Forbearance Agreement
If you are unable to make a loan payment on your loan, you may qualify for a Forbearance Agreement. This is a formal repayment plan which if approved by our client will stay any pending foreclosure while payments are being made.
Repayment Plan
If your loan … (0 comments)

FREDERICK COUNTY, MD TRUSTEE SALES - COHN, GOLDBERG - 02/20/09 12:30 PM
FREDERICK COUNTY, MD TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with … (0 comments)

MONTGOMERY COUNTY, MD TRUSTEE SALES, COHN, GOLDBERG - 02/20/09 12:24 PM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing … (0 comments)

LENDER OWNED FORECLOSURE - KENTLANDS, MONTGOMERY COUNTY, MD - 02/20/09 12:04 PM
LENDER OWNED FORECLOSURE - KENTLANDS, MONTGOMERY COUNTY, MD 
106 BOOTH ST #32, COPPERFIELD CROSSING, GAITHERSBURG, MD 20878
Our associate Jane Taylor took a look at this condominium for one of our clients this morning. She thinks it is a good buy. Just needs some decoration.  2 BR/2 BA. $249,900. Total condo fee is show as $280 per month. The previous owner paid $321,000 in August, 2004.
http://matrixreports.mris.com/MatrixReportServer/Output/2327/Synopsis_-_Customer5907.PDF
Lenders are highly motivated sellers. They have a surplus of owned foreclosures. Please contact us for information on the available properties. We represent buyer clients as their exclusive agents. roykelley@mris.com
 
… (0 comments)

FREDERICK COUNTY, MD TRUSTEE SALES - ALEX COOPER - 02/20/09 11:35 AM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the REO … (0 comments)

MONTGOMERY COUNTY, MD TRUSTEE SALES - ALEX COOPER - 02/20/09 10:35 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the … (0 comments)

MONTGOMERY COUNTY, MD REO REPORT - 02/19/09 02:40 PM
MONTGOMERY COUNTY, MD - LENDER OWNED FORECLOSURES
REO REPORT FROM ROY KELLEY & ASSOCIATES    
(Rev. 2/19/09 - Contact us for further daily price reductions.)  
Roy Kelley, RE/MAX Realty Group, Gaithersburg, MD 301-921-4569 roykelley@mris.com  
REO homes are foreclosures owned by lenders and other entities. We represent clients as exclusive buyer agents. The disclosures that are required for home buyers in Maryland will be provided when you meet with us.  Buyers must have pre-approval letters for mortgage financing.  Email us for a referral to a lender.  The following are available REO homes. Prices are reduced until they are sold. … (3 comments)

REO HOMES BACK ON THE MARKET - MONTGOMERY COUNTY, MD - 02/18/09 11:01 AM
REO HOMES BACK ON THE MARKET - MONTGOMERY COUNTY, MD
If you previously called on any of the following properties and were told that they were under contract, please call us again. The contracts did not go to settlement and these homes are again on the market and available for purchase. The lenders have a surplus inventory of owned foreclosures. They are highly motivated sellers and prices are reduced until the properties are under contract.
Buyers do need to be pre-qualified for mortgage financing since a lender letter must be submitted with any offer. Ask us for a referral if you … (0 comments)

STIMULUS BILL INCREASES LOAN LIMITS - 02/17/09 03:57 PM
The National Association of REALTORS alert on the new stimulus bill.
The bill reinstates last year's 2008 loan limits for FHA, Freddie Mac, and Fannie Mae loans.  These limits were equal to the greater of 125% of the 2008 local area median home price or $271,050 for FHA and $417,000 for Fannie and Freddie, with an overall maximum cap of  $729,750.  For the few areas where the 2009 limits were higher, the higher limits will apply.  In addition, the bill includes language providing the HUD Secretary with the discretion, if warranted, to increase the loan limit for any "sub-area", i.e.an area … (0 comments)

FIRST-TIME HOMEBUYER TAX CREDIT - 02/17/09 02:52 PM
FIRST-TIME HOMEBUYER TAX CREDIT
This chart was provided by the National Association of REALTORS.
As Modified in the American Recovery and Reinvestment Act
Major Modifications Italicized


… (0 comments)

FIRST TIME HOME BUYERS TO RECEIVE $8,000 TAX CREDIT - 02/17/09 10:16 AM
FIRST TIME HOME BUYERS TO RECEIVE $8,000 TAX CREDIT
CNN has reported details on the first time home buyer benefits included in the economic stimulus bill that President Obama is scheduled to sign today. First time buyers can claim an $8,000 credit or 10% of the purchase amount, whichever is less.
One is the benefits is full credit even if their tax bill was less. To qualify for the credit, the home purchase must be made between January 1,2009 and November 30, 2009. Buyers must not have owned a home for the past three years to qualify as a first time … (0 comments)

The American Craft Show in Baltimore - 02/17/09 09:58 AM
 
The American Craft Show in Baltimorewww.craftcouncil.org/baltimore Baltimore Convention CenterFebruary 27 - March 1, 2009
More than 700 of the country's leading craft artists will gather under one roof to present their latest designer, handmade work at the American Craft Council Show in Baltimore. At the largest juried, indoor craft show in the nation, the highest quality jewelry, furniture, clothing, and home décor will be available for purchase. And there's more! Do not miss this event.
… (0 comments)

BUYING AT A TRUSTEE SALE - RISKY BUSINESS - 02/17/09 09:45 AM
BUYING A HOME AT A TRUSTEE SALE - RISKY BUSINESS
We received a call from a first time buyer asking about buying a home that is scheduled for a trustee sale.  With so much in the news about foreclosures, it is probably a good time to restate some of the issues that prospective buyers should consider.
Most buyers like to look at the homes they are thinking about.  Unfortunately, most of the properties in trustee sales are not available for viewing.  Some of the homes are listed for sale as pre-foreclosures and are available for inspection. However, when the properties are scheduled … (0 comments)

Montgomery County, Maryland Board Vacancies - 02/16/09 03:12 PM
Montgomery County Board Vacancies
County Executive Isiah Leggett is committed to representation on all of the County's boards, committees, and commissions that is reflective of, and responsive to, our County's residents. Public participation contributes to the work of County government and provides a valuable service to the community when a variety of issues, concerns, and viewpoints are presented. Currently, there is a valuable opportunity to serve on the following:


Commission on Children and Youth Commission on Children and Youth-Youth Members Committee for Ethnic Affairs Noise Control Advisory Board Western Montgomery County Citizens Advisory Board The deadline for application is … (0 comments)

FREDERICK, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/16/09 10:19 AM
FREDERICK, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch. http://www.cgd-law.com
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing … (0 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/16/09 10:11 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing … (0 comments)

FREDERICK COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST - 02/16/09 09:28 AM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST
Harvey West Auctioneers has scheduled a number of trustee sales in Frederick County, Maryland.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure the the lender that the property is being purchased in … (0 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST - 02/16/09 09:13 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST
Harvey West Auctioneers has scheduled a number of trustee sales in Montgomery County, Maryland.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure the the lender that the property is being … (0 comments)

FREDERICK COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS - 02/16/09 08:45 AM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the … (0 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS - 02/16/09 08:39 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the … (0 comments)

GERMANTOWN, MARYLAND 20874 REAL ESTATE TREND INDICATOR - 02/15/09 11:59 AM
GERMANTOWN, MARYLAND 20874 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20874, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 81 new listings in the zip code and 56 listings went to pending new contracts. There were 29 actual settlements as compared to 28 homes sold last year. The total sold dollar volume was down 20.36%.  The average sold price was $239,716 and the median sold price was $218,000.  The average number of days … (0 comments)

GERMANTOWN, MARYLAND 20876 REAL ESTATE TREND INDICATOR - 02/15/09 11:56 AM
GERMANTOWN, MARYLAND 20876 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20876, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 26 new listings in the zip code and 28 listings went to pending new contracts. There were 12 actual settlements as compared to 13 homes sold last year. The average sold price was $344,929 and the median sold price was $275,000.  The total sold dollar volume was down 9.04%. The average number of days … (0 comments)

MONTGOMERY VILLAGE, MD 20886 REAL ESTATE TREND INDICATOR - 02/15/09 11:52 AM
MONTGOMERY VILLAGE, MD 20886 REAL ESTATE TREND INDICATOR  
If you are planning to purchase or sell a home in Montgomery Village, you will want to know trends in the market. The following report is for January and the statistics are compared with the same month last year. During the month, there were 50 new listings and 46 went to pending new contracts. The sold dollar volume was down 44.45% from last year. The number of homes sold was 17 from 23 last year. The average days on the market was 159 days from 134 last year.  The average sale price … (0 comments)

GAITHERSBURG,KENTLANDS,LAKELANDS, NORTH POTOMAC, MARYLAND 20878 REAL ESTATE TREND INDICATOR - 02/15/09 11:45 AM
GAITHERSBURG,KENTLANDS,LAKELANDS, NORTH POTOMAC, MARYLAND 20878
REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20878, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 62 new listings in the area and 36 listings went to pending new contracts. There were 19 actual settlements as compared to 33 homes sold last year. The total sold dollar volume was down 51.73%. The median sold price was $443,000.  The average number of days on the market was 142 from 109 days … (0 comments)

POTOMAC, MARYLAND 20854 REAL ESTATE TREND INDICATOR - 02/15/09 11:35 AM
POTOMAC, MARYLAND 20854 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20854, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 57 new listings in the area and 27 listings went to new pending contracts. There were 8 actual settlements as compared to 18 homes sold last year. The total sold dollar volume was down 57.67%.  The average number of days on the market was 109 from 169 days last year.  The average sale price … (0 comments)

ROCKVILLE, MARYLAND 20850 - REAL ESTATE TREND INDICATOR - 02/15/09 11:31 AM
ROCKVILLE, MARYLAND 20850 -  REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20850, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 44 new listings in the area and 23 listings went to pending new contracts. There were 12 actual settlements as compared to 22 homes sold last year. The total sold dollar volume was down  49.72%. The average number of days on the market was 130 from 92 days last year.  The average sale … (0 comments)

CLARKSBURG, MARYLAND 20871 REAL ESTATE TREND INDICATOR - 02/15/09 11:28 AM
CLARKSBURG, MARYLAND 20871 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20871, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 31 new listings in the area and 13 listings went to new pending contracts. There were 9 actual settlements as compared to 6 homes sold last year. The total sold dollar volume was up 29.08%. The average number of days on the market was 136 from 154 days last year. The average sale price … (0 comments)

DAMASCUS, MARYLAND 20872 REAL ESTATE TREND INDICATOR - 02/15/09 11:24 AM
DAMASCUS, MARYLAND 20872 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20872, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 9 new listings in the area and 8 listings went to pending new contracts. There were 5 actual settlements as compared to 4 homes sold last year. The total sold dollar volume was up 17.13%. The average number of days on the market was up to 194 from 131 days last year. The average … (0 comments)

POOLESVILLE, MARYLAND 20837 REAL ESTATE TREND INDICATOR - 02/15/09 11:20 AM
POOLESVILLE, MARYLAND 20837 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20837, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 8 new listings in the area and none went to pending new contracts. There were no actual settlements as compared to 2 homes sold last year.  There were 45 active listings. What does this mean?  It is still a soft market which favors buyers.  Buyers have the largest selection and the lowest prices that … (0 comments)

MOUNT AIRY, MARYLAND 21771 - REAL ESTATE TREND INDICATOR - 02/15/09 11:16 AM
MOUNT AIRY, MARYLAND 21771 -  REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 21771, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 29 new listings in the area and 19 listings went to pending new contracts. There were 13 actual settlements as compared to 8 homes sold last year. The total sold dollar volume was up 39.9%. The average number of days on the market was down to 107 from 118 days last year. … (0 comments)

OLNEY, MARYLAND 20832 - REAL ESTATE TREND INDICATOR - 02/15/09 11:13 AM
 OLNEY, MARYLAND 20832 -  REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20832, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 23 new listings in the area and 16 went to pending new contracts. There were 8 settlements as compared to 12 homes sold last year. There were 80 homes on the market. The median sales price was $372,500.  The average sales price was 92.04% if the average list price. The average days on … (0 comments)

Gaithersburg Seeks Help in Identifying Vacant Properties - 02/14/09 03:38 PM
CITY OF GAITHERSBURG / MONTGOMERY COUNTY NEWS City of Gaithersburg Press Release Contact: Britta Monaco, Public Information Director City of Gaithersburg 301-258-6310 x2111 bmonaco@gaithersburgmd.gov For Immediate Release Gaithersburg Seeks Help in Identifying Vacant Properties Gaithersburg, MD. In order to preserve public safety and promote the health and welfare of its neighborhoods, the City of Gaithersburg has established a “Vacant Property” reporting system. Neighborhood Services staff has been proactively tracking and inspecting bank-owned foreclosures for several months in an attempt to protect the City’s housing stock and the quality of life in our neighborhoods. Not all vacant properties are in bank-owned foreclosure … (0 comments)

KENTLANDS HAPPY HOUR AND NEW KENTLANDS WEBSITE - 02/14/09 03:24 PM
KENTLANDS HAPPY HOUR AND NEW KENTLANDS WEBSITE
Don't forget to sign up for the Kentlands Happy Hour on Friday, February 20, 2009 from 5 PM to 8 PM. Call the clubhouse at 301-948-2071 to RSVP.  
And, be sure to visit the new Kentlands website at www.kentlandsusa.com.  You should have received a letter with a login name and password to access the residents only side of the website.Roy KelleyRoy Kelley & AssociatesAssociate Broker, RE/MAX Realty Group6 Montgomery Village Avenue, Suite 200Gaithersburg, MD 20879 USADirect: 301-921-4569 Client Assistance: 301-670-8996Email: roykelley@mris.com Fax: 301-921-4586 Main Office: 301-258-7757 x 569Home Search Website: www.roykelley.com
… (3 comments)

WASHINGTON COUNTY, MARYLAND REAL ESTATE TREND INDICATOR - 02/12/09 01:45 PM
WASHINGTON COUNTY, MARYLAND REAL ESTATE TREND INDICATOR  
This report is important if you are planning to purchase or sell a home in Washington County.  The following information is for January and the statistics are compared with the same month last year.  During the month, there were 154 new listings and 82 new pending contracts. The sold dollar volume was down 38.99% from last year. The number of homes sold was down to 57 from 76 last year. The average days on the market was 188 days as compared to 160 days last year.  The average sale price was 86.16% of … (0 comments)

PRINCE GEORGE'S COUNTY, MARYLAND REAL ESTATE TREND INDICATOR - 02/11/09 02:04 PM
PRINCE GEORGE'S COUNTY, MARYLAND REAL ESTATE TREND INDICATOR  
If you are planning to purchase or sell a home in Prince George's County, you will want to know what is going on in the market. The following report is for January and the statistics are compared with the same month last year.  During the month, there were 1,364 new listings and 515 new pending contracts. The sold dollar volume was down 13.7% from last year. The median sold price was $233,000. The number of homes sold was 306 as compared with 291 last year. The average days on the market was … (0 comments)

FREDERICK COUNTY, MARYLAND REAL ESTATE TREND INDICATOR - 02/11/09 10:07 AM
FREDERICK COUNTY, MARYLAND REAL ESTATE TREND INDICATOR  
This information is important if you are planning to purchase or sell a home in Frederick County.  The following report is for January and the statistics are compared with the same month last year.  During the month, there were 329 new listings and 183 new pending contracts. The sold dollar volume was down 24.6% from last year. The number of homes sold was down to 120 from 125 last year. The average days on the market was 152 days as compared to 149 days last year.  The average sale price was 86.62% of … (0 comments)

MONTGOMERY COUNTY, MARYLAND REAL ESTATE TREND INDICATOR - 02/10/09 03:57 PM
MONTGOMERY COUNTY, MARYLAND REAL ESTATE TREND INDICATOR    
This is important information if you are planning to purchase or sell real residential real estate in Montgomery County, Maryland.   This report compares January statistics with the same month last year. There were 1,095 new listings taken in the month and the total of pending contracts was 640 for the month. The total dollar volume sold was down 22.34%. The number of housing units sold was down to 387 from 425 last year, a decrease of 8.94%.  The average days on the market was 120 which was the same as last year. … (0 comments)

MARYLAND SEX OFFENDER WEBSITE - 02/10/09 03:06 PM
MARYLAND SEX OFFENDER COMPLIANCE AND ENFORCEMENT
Identify sex offenders in you community by using the Maryland Sex Offender website:
http://www.dpscs.state.md.us/onlineservs/socem/default.shtml
On this site you will be able to find sex offenders living near you, track sex offenders' movements,  provide law enforcement with tips to help find offenders, get assistance if your child is the victim of sexual abuse, and help find abducted children through the use of an enhanced cell phone AMBER Alert system.
By calling Maryland's toll-free Sex Offender Alert Line at 1-866-559-8017, you can sign up for telephone notification any time a registered sex offender moves in your area. … (1 comments)

SENATE'S STIMULUS BILL - 02/10/09 02:08 PM
SENATE'S STIMULUS BILL
$15,000 for homebuyers
Under the Senate's stimulus bill, home buyers could receive a $15,000 tax credit if they purchase within a year.
Find this article at: http://money.cnn.com/2009/02/09/real_estate/tax_credit_near/index.htm?postversion=2009021007  
NEW YORK (CNNMoney.com) -- If you're thinking of buying a home, there could be a big bonus for you in the economic stimulus bill that's now before Congress.
The Senate's version of the plan sweetened the $7,500 homebuyer tax credit provision proposed by the House, doubling it to $15,000 or 10% of the home's purchase price (whichever is lower). What's more, the credit applies to all buyers - not just … (0 comments)

FREDERICK COUNTY, MD - REO REPORT - 02/10/09 10:21 AM
FREDERICK COUNTY, MARYLAND - LENDER OWNED FORECLOSURES   
REO REPORT FROM ROY KELLEY & ASSOCIATES    
(Rev. 2/10/2009  Contact us for further price reductions.)  
REO properties are foreclosed homes that are now owned by lenders.  We represent purchaser clients as their exclusive  agents. The disclosures that are required for home buyers in Maryland will be provided when you meet with us.  Buyers must have pre-approval letters for mortgage financing.    
The following are available REO homes. Prices are reduced until they are sold.  All of this information is subject to change or error.  We will update the details … (0 comments)

New "Development District Disclosure Law" in Montgomery County, Maryland - 02/09/09 04:13 PM
New "Development District Disclosure Law" in Montgomery County, Maryland
Applicability of Law: The law applies to sellers of real property located in a development district OR a proposed development district.             
Current Development Tax Districts (tax class shows up on the left hand side of the on-line property tax bill except for Clarksburg): Identified as Tax Class RO61 (Kingsview Village Center) Identified as Tax Class RO64 (West Germantown) Clarksburg area - the Office of Consumer Protection (OCP) is currently working with Finance to see if maps of these areas can be provided since no Tax Class is identified yet.  Therefore, agents … (0 comments)

FREDERICK COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/09/09 01:20 PM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with … (1 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/09/09 01:17 PM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing … (0 comments)

FREDERICK COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS - 02/09/09 01:12 PM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the REO … (0 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS - 02/09/09 12:57 PM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the … (0 comments)

REAL ESTATE INDUSTRY CHANGES - 02/09/09 10:45 AM
REAL ESTATE INDUSTRY CHANGES
Our friend Brian Farasy at National City Mortgage provided some tips on a few changes on our industry. With the increase in foreclosures the government will have more intervention in the way that we do business.
Key things to look out for......
1.  CONDOS AND COOPS:  Borrowers should expect a .75 or 1 point charge from a lender on a conventional loan for a condo or a coop.  This is due to the charge that Fannie and Freddie will assess the banks.  Basically, Fannie and Freddie do not want condo or coop loans with less than 25% … (0 comments)

JANUARY, 2009 RESIDENTIAL MARKET REPORT - MONTGOMERY COUNTY, MARYLAND - 02/09/09 10:22 AM
JANUARY, 2009 RESIDENTIAL MARKET REPORT - MONTGOMERY COUNTY, MARYLAND
The  Residential Market Report for Montgomery County, Maryland, is now available. This report, provided by the Greater Capital Area Association of Realtors, compares the recent multiple listing service inventory of available homes with the inventory in the same month last year. It serves to inform current owners and prospective purchasers of the real estate market conditions in Montgomery County.  
Statistics for the past month
To see the graphics and additional details on these statistics, please visit http://gcaarrocks.com/ which is the home page for GCAAR.  On the lower right side of the … (0 comments)

THE ASSESSMENT APPEAL PROCESS IN MARYLAND - 02/08/09 01:48 PM
HOME OWNERS UPSET WITH HIGH REAL ESTATE TAX ASSESSMENTS
Many home owners think their real estate tax assessments are too high. Today's Washington Post has a major article on this subject.  On line appeals may be made at www.dat.state.md.us
The following wording is from the official website:
THE ASSESSMENT APPEAL PROCESS IN MARYLAND   Property owners sometimes feel that the department's estimate of their property value is wrong. The assessment appeal process is available to allow property owners the opportunity to dispute the value determined by the department. Property values rise and fall to reflect the market. A property owner should file an … (1 comments)

ARE FELONS LIVING IN YOUR NEIGHBORHOOD? - 02/08/09 11:36 AM
ARE FELONS LIVING IN YOUR NEIGHBORHOOD?  
Many home owners are concerned with the the crime rates and their safety of their families in their current communities and locations they are considering for their next home.  
One of the ways to check neighborhoods for felons is to take advantage of the free public records search available at http://www.felonspy.com/search.html  
Simply type in the desired address, click enter and icons will indicate the locations of convicted felons. Click on the icons for the names and crimes.
… (0 comments)

MONTGOMERY COUNTY, MD REO REPORT - 02/07/09 11:32 AM
MONTGOMERY COUNTY, MARYLAND - LENDER OWNED FORECLOSURES
REO REPORT FROM ROY KELLEY & ASSOCIATES    
(Rev. 2/06/09 - Contact us for further daily price reductions.)  
Roy Kelley, RE/MAX Realty Group, Gaithersburg, MD 301-921-4569 roykelley@mris.com  
REO homes are foreclosures owned by lenders and other entities. We represent clients as exclusive buyer agents. The disclosures that are required for home buyers in Maryland will be provided when you meet with us.  Buyers must have pre-approval letters for mortgage financing.  Email us for a referral to a lender.  
The following are available REO homes. Prices are reduced until they are … (0 comments)

WHAT IS DIFFERENT IN THE 2009 REAL ESTATE MARKET? - 02/06/09 11:49 AM
WHAT IS DIFFERENT IN THE 2009 REAL ESTATE MARKET?
EVERYBODY IS HOPING TO PURCHASE AT THE BOTTOM OF THE MARKET  
We will not know that we have hit the bottom of the market until the prices start to rise. And, that can happen very quickly when the time comes. What we do know is that buyers have the largest selection at the lowest prices in several years and mortgage interest rates are at the lowest levels in decades. We do know that the bargains are in the inventory of lender owned foreclosures.  We do know that the lender owned homes … (0 comments)

LENDER IS REQUESTING OFFERS FOR VILLA RIDGE CONDO - 436 GIRARD ST #103, GAITHERSBURG, MD 20877 - 02/04/09 10:40 AM
LENDER IS REQUESTING OFFERS FOR VILLA RIDGE CONDO, GAITHERSBURG, MD - MONTGOMERY COUNTY
436 GIRARD ST #103, GAITHERSBURG, MD 20877
We just received an email request from Countrywide Home Loans to seek offers that will result in an immediate contract on this 2 BR/1 BA condo at Villa Ridge.  The price has been reduced to $79,900. The previous owner paid $201,696 in 2006.  Countrywide would like to have the property under contract before February 24, 2009 and will negotiate with that goal in mind.
The volume of sales of lender owned properties has rapidly increased in recent weeks.  Please make sure … (0 comments)

COUNTRYWIDE HOME LOANS OFFERS GRANTS TO HOME BUYERS - 02/03/09 02:22 PM
COUNTRYWIDE HOME LOANS OFFERS GRANTS TO HOME BUYERS  
If you have a friend or family member in the moderate income range, please share this information with them. Home buyers may qualify for the Countrywide Home Loans $3,000 Express Grant depending on their income and property location. Currently the Grant is available from Countrywide until March 31, 2009. There are two ways a buyer can qualify for the Grant. The first is the income qualification for low to moderate income limits. These limits do vary from county to county but for example a person/couple buying in Montgomery, Frederick or Prince George's … (0 comments)

WORMAN'S MILL PRICE REDUCTIONS - FREDERICK COUNTY, MARYLAND - 02/03/09 12:30 PM
WORMAN'S MILL PRICE REDUCTIONS - FREDERICK COUNTY, MARYLAND
Worman's Mill has announced major base price reductions on nine single family home models in 2009. The base prices are far below the 2008 prices. If you have considered Worman's Mill as the location for your next home, we will be delighted to assist you as your exclusive buyer agent. Please contact us for an appointment. roykelley@mris.com
… (0 comments)

REO HOMES BACK ON THE MARKET, MONTGOMERY COUNTY, MARYLAND - 02/03/09 12:16 PM
REO HOMES BACK ON THE MARKET, MONTGOMERY COUNTY, MARYLAND
If you previously called on any of the following lender owned foreclosures and were told that they were under contract, please contact us again. The contracts did not go to settlement. The homes are now available for purchase.
Prospective buyers do need to have pre-approval letters from their mortgage lenders if financing is to be used. Contact us if you need a referral to a lender. We represent buyer clients as their exclusive agents. roykelley@mris.com
Countrywide:  8347 Amity Cir., Hamlet North, Gaithersburg 20877 3 BR/2.5 BA $189,900 TH Condo REDUCED FROM $306,900  
… (0 comments)

THE BEST LOT IN GERMANTOWN, MARYLAND? - 02/02/09 05:38 PM
THE BEST LOT IN GERMANTOWN, MARYLAND?  -  MONTGOMERY COUNTY
21525 FOX FIELD CIR, GERMANTOWN, MD 20876
One of our outstanding associate agents, Susan Rusnak, has a new listing and she thinks the lot is the best in Germantown. This 5 BR/3.5 BA home in Milestone is available at only $649,900.

… (0 comments)

Montgomery County Board Vacancies - 02/02/09 12:41 PM
Montgomery County, Maryland Board Vacancies
County Executive Isiah Leggett is committed to representation on all of the County's boards, committees, and commissions that is reflective of, and responsive to, our County's residents. Public participation contributes to the work of County government and provides a valuable service to the community when a variety of issues, concerns, and viewpoints are presented. Currently, there is a valuable opportunity to serve on the following:
Agricultural Preservation Advisory Board Workforce Investment Board The deadline for application is February 6. Please share this notice with anyone who may be interested. You may access vacancy announcements for boards, committees, … (0 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST - 02/01/09 01:27 PM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST
Harvey West Auctioneers has scheduled a number of trustee sales in Montgomery County, Maryland.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure the the lender that the property is being … (0 comments)

PRINCE GEORGE'S COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY TIDEWATER AUCTIONS - 02/01/09 12:27 PM
PRINCE GEORGE'S COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY TIDEWATER AUCTIONS
Tidewater Auctions has scheduled the following trustee sales for Friday, February 6, 2009
In front of the Prince George's County Administration Building (Main Street Doorway), Upper Marlboro, MD(Legal ads appearing in the Enquirer-Gazette on 1/22, 1/29, 2/5)10:30 AM 12909 Duckettown Rd., Bowie, MD 20716 $16,800 10:30 AM 3727 Wells Ave., Mt. Rainier, MD 20712 $20,000 10:30 AM 6933 Greenvale Pkwy, Hyattsville, MD 20784 $25,600 10:30 AM 610 Main St. #502, Laurel, MD 20707 $16,500 10:30 AM 9319 Midland Turn, Upper Marlboro, MD 20772 $37,200 10:35 AM 1705 Skipjack Dr., Fort Washington, … (0 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY TIDEWATER AUCTIONS - 02/01/09 12:24 PM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY TIDEWATER AUCTIONS
Tidewater Auctions has scheduled the following trustee sales for Friday, February 6, 2009
At the Montgomery County Courthouse Door, Judicial Center, Courthouse Square Entrance, Rockville, MD(Legal ads appearing in the Sentinel on 1/22, 1/29, 2/5)12:45 PM 6 Fairland Park Ct., Silver Spring, MD 20904 $50,000 12:45 PM 4417 Thornhurst Dr., Olney, MD 20832 $47,100 12:45 PM 1016 Debeck Dr., Rockville, MD 20851 $36,600 12:45 PM 13168 Kara Lane, Silver Spring, MD 20904 $36,400 12:45 PM 19351 Liberty Heights Ln., Germantown, MD 20874 $21,500 12:50 PM 8602 11th Ave., Silver Spring, MD … (0 comments)

WASHINGTON COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/01/09 12:15 PM
WASHINGTON COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with … (0 comments)

FREDERICK COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/01/09 11:22 AM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing … (0 comments)

MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/01/09 11:18 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.
Trustee sales are open to the public and all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing … (0 comments)

 
Img_2076 Rainmaker_large

Roy Kelley, Montgomery County, MD Homes For Sale

Gaithersburg, MD

More about me…

Roy Kelley and RE/MAX Realty Group

Address: Roy Kelley, RE/MAX Realty Group, 6 Montgomery Village Avenue, Suite 200, Gaithersburg, MD, 20879

Office Phone: (301) 921-4569

Email Me

Roy Kelley advises home buyers, sellers and REO asset managers, in the Maryland suburbs of Washington DC and nearby counties. REO and foreclosures sales. Market area includes Montgomery County, Frederick County, Washington County and Prince George's County. Real Estate blogs


Listings

Links

Archives

RSS 2.0 Feed for this blog