foreclosures: Homes For Sale In Montgomery Village, Maryland - 07/03/12 04:58 AM
Homes For Sale In Montgomery Village, Maryland
 
There are 2,567 homes for sale in Montgomery County, Maryland.  Included in that inventory of active listings on the multiple listing service (MRIS) are 74 homes in the community of Montgomery Village.  17 (22.97%) of the Montgomery Village listings are short sale pre-foreclosures and 3 (4%) are lender owned foreclosures (REO).
Montgomery Village is a preferred location for home buyers that want convenience to public transportation, shopping and public schools.  The convenience factor has also made the area a favorite for real estate investors that are building their rental portfolios.
Our office, RE/MAX Realty Group, is … (4 comments)

foreclosures: Foreclosures For Sale In Prince George's County, Maryland - 07/02/12 05:41 AM
Foreclosures For Sale In Prince George's County, Maryland
  News reports continue to describe the real estate market in Prince George's County, MD as one of the most troubled areas in the metropolitan Washington, DC area. There are 2,156 homes actively listed for sale on MRIS, the regional multiple listing service.  653 (30.28%) of the active listings are short sale pre-foreclosures.  183 (8.48%) of the available properties are lender owned foreclosures (REO).
These figures are striking when compared with the nearby Montgomery County market which has 2,567 homes for sale with 255 (9.93%) short sale pre-foreclosures and 30 (1.17%) lender owned foreclosures (REO).
… (6 comments)

foreclosures: Foreclosures For Sale In Montgomery County, Maryland - 07/01/12 05:11 PM
Foreclosures For Sale In Montgomery County, Maryland
 
Everybody loves bargains and during the last several years, the inventory of lender owned foreclosures in Montgomery County, Maryland has provided many bargain opportunities for home buyers and real estate investors.
However, the inventory has changed and it is a good time to take a look at what is currently available.  Today, there are 2,567 homes for sale that are actively listed on the multiple listing service, MRIS.  255 (9.93%) of the homes for sale are short sale pre-foreclosures.  30 (1.17%) of the homes for sale are lender owned foreclosures.
The first observation … (11 comments)

foreclosures: 196 Homes for Sale, 9 Foreclosures, in Germantown, Maryland - 02/16/12 07:08 AM
196 Homes for Sale, 9 Foreclosures, in Germantown, Maryland   There are 196 homes listed for sale in Germantown, Maryland.  These figures are based on today's multiple listing service (MRIS) data.  9 (4.59%) are lender owned foreclosures (REO).  75 (38.26) are short sale pre-foreclosures.  The home prices range from $2,995,000 down to $83,000.   A sad fact of life is that a large percentage of the short sale offerings will never reach settlement.  Some will fail because the unrealistically low prices will attract offers that are below the levels that will be accepted by the secured lenders that must provide the … (10 comments)

foreclosures: Frederick County, MD Foreclosures & Short Sales Update - Rev. 8/23/11 - 08/23/11 11:51 AM
Frederick County, MD Foreclosures & Short Sales Update - Rev. 8/23/11 
There are 1,273 active listings of homes for sale in Frederick County, MD.  43 (3%) of the properties are lender owned foreclosures and 262 (21%) are short sale pre-foreclosures.   Mortgage interest rates are very low and there is a good selection of properties at very attractive prices. Those that plan to buy a home within the next couple of years might find that this summer is be best time for the purchase.   Special Notice:  If you plan a 2011 purchase in Frederick County, please allow us to set … (2 comments)

foreclosures: Washington County, MD Foreclosures & Short Sales Update Rev. 8/16/11 - 08/16/11 07:54 PM
Washington County, MD Foreclosures & Short Sales Update Rev. 8/16/11
There are 868 homes for sale in Washington County, MD.  36 (4%) of the active listings are lender owned foreclosures and 122 (14%) are short sale pre-foreclosure offerings.   Loan Limit Reduction:  The "temporary" mortgage loan limits that are now in place will expire on September 30, 2011.  All loans using the temporary limits must settle on or before September 30th.     RE/MAX Realty Group Preferred Lender:  Joe Salisbury at Presidential Bank Mortgage, joe@presidential.com, 301-590-8911 x 209 is the Preferred Lender for our office.   Lender Owned Homes:      … (2 comments)

foreclosures: Frederick County, MD Foreclosures & Short Sales Update - Rev. 8/16/11 - 08/16/11 10:19 AM
Frederick County, MD Foreclosures & Short Sales Update - Rev. 8/16/11 
There are 1,259 active listings of homes for sale in Frederick County, MD.  41 (3%) of the properties are lender owned foreclosures and 250 (20%) are short sale pre-foreclosures.   Mortgage interest rates are very low and there is a good selection of properties at very attractive prices. Those that plan to buy a home within the next couple of years might find that this summer is be best time for the purchase.   Loan Limit Reduction:  The "temporary" mortgage loan limits that are now in place will expire on … (6 comments)

foreclosures: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 8/15/11 - 08/15/11 11:32 AM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 8/15/11
92 (3%) of the 3,356 homes for sale in Montgomery County, MD are REO properties while 566 (17%) are short sale pre-foreclosures.
Home buyers are facing multiple contract competition on some of the well price homes in preferred locations.  Real estate investors are competing with first time home buyers as they build their rental portfolios while lender owned foreclosures are available at attractive prices.
The Housing Opportunities Commission of Montgomery County (HOC) offers a mortgage interest rate of 4.5% with zero points for a 30 year fixed rate FHA loan.  HOC … (3 comments)

foreclosures: Prince George's County, Maryland Foreclosures Update Rev. 8/10/11 - 08/10/11 11:59 AM
Prince George's County, Maryland Foreclosures Update  Rev. 8/10/11 
There are 4,273 active listings of homes for sale in Prince George's County MD.  502 (12%) of the homes for sale are lender owned foreclosures.  1,652 (39%) are short sale pre-foreclosures.  51% of the available properties are lender owned foreclosures or short sale pre-foreclosures.   Mortgage Financing:  Prospective purchasers need to be aware of the changes that have take place and understand the current requirements for obtaining mortgage financing.  All should anticipate fully documented mortgage applications that may be considered to be intrusive. Different mortgage products are offered by different lenders.  Do not … (2 comments)

foreclosures: Washington County, MD Foreclosures & Short Sales Update Rev. 8/9/11 - 08/09/11 10:07 AM
Washington County, MD Foreclosures & Short Sales Update Rev. 8/9/11
There are 881 homes for sale in Washington County, MD.  38 (4%) of the active listings are lender owned foreclosures and 124 (14%) are short sale pre-foreclosure offerings.   Lender Owned Homes:      Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146531246-853   Short Sale Pre-foreclosures:      Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146531262-600   Washington County, Maryland Real Estate Market Statistics:  During June, 2011, there were 134 closed sales and the average sold price was $152,279, down 13.04% from last year, with an average of 136 days on … (7 comments)

foreclosures: Frederick County, MD Foreclosures & Short Sales Update - Rev. 8/9/11 - 08/09/11 09:51 AM
Frederick County, MD Foreclosures & Short Sales Update - Rev. 8/9/11
  There are 1,245 active listings of homes for sale in Frederick County, MD.  40 (3%) of the properties are lender owned foreclosures and 252 (20%) are short sale pre-foreclosures.   Mortgage interest rates are very low and there is a good selection of properties at very attractive prices. Those that plan to buy a home within the next couple of years might find that this summer is be best time for the purchase.   Lender Owned Homes:     Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146531196-482   The … (2 comments)

foreclosures: Homes For Sale In Germantown, Maryland 8/4/11 - 08/04/11 03:20 PM
Homes For Sale In Germantown, Maryland  8/4/11
Today, there are 249 homes for sale in Germantown, Maryland.  84 (34%) of the active listings are short sale pre-foreclosures and 17 (7%) are lender owned foreclosures (REO).  148 (59%) are listings that are not designated as short sales or foreclosures.  In summary, 41% of the available homes are either short sales or foreclosures.
Active listings not designated as short sales or foreclosures:
41 homes are priced at $250,000 or less
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146204200-37
108 homes are priced at $250,000 or more.
Click the following URL to see the … (7 comments)

foreclosures: Prince George's County, Maryland Foreclosures Update 8/4/11 - 08/04/11 10:48 AM
Prince George's County, Maryland Foreclosures Update  8/4/11
There are 4,274 active listings of homes for sale in Prince George's County MD.  524 (12%) of the homes for sale are lender owned foreclosures.  1,623 (38%) are short sale pre-foreclosures.  50% of the available properties are lender owned foreclosures or short sale pre-foreclosures.   Mortgage Financing:  Prospective purchasers need to be aware of the changes that have take place and understand the current requirements for obtaining mortgage financing.  All should anticipate fully documented mortgage applications that may be considered to be intrusive. Different mortgage products are offered by different lenders.  Do not expect … (2 comments)

foreclosures: Washington County, MD Foreclosures & Short Sales Update 8/3/11 - 08/03/11 02:48 PM
Washington County, MD Foreclosures & Short Sales Update 8/3/11 
There are 893 homes for sale in Washington County, MD.  45 (5%) of the active listings are lender owned foreclosures and 122 (14%) are short sale pre-foreclosure offerings.   Lender Owned Homes:      Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146118716-171   Short Sale Pre-foreclosures:      Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-146118900-895   Washington County, Maryland Real Estate Market Statistics:  During June, 2011, there were 134 closed sales and the average sold price was $152,279, down 13.04% from last year, with an average of 136 days on the … (2 comments)

foreclosures: Gaithersburg & Montgomery Village, MD Homes For Sale For $250,000 Or Less - 118 Properties - 07/29/11 11:09 AM
Gaithersburg & Montgomery Village, MD  Homes For Sale For $250,000 Or Less - 118 Properties
Active Listings, Short Sales, REO Listings Of Lender Owned Foreclosures   There are 118 homes for sale in Gaithersburg and Montgomery Village, MD.  60 (51%) are short sale pre-foreclosure listings and 12 (10%) are lender owned foreclosures (REO).  61% of the available homes are either foreclosures or pre-foreclosures.   Investor Alert - Please contact us if you need a report like this for another zip code.   What is available in homes for sale for $250,000 or less?   This is a question that is being … (2 comments)

foreclosures: Frederick County, Maryland Foreclosure Sales (Rev. 7/27/11) - 07/27/11 11:49 AM
Frederick County, Maryland Foreclosure Sales (Rev. 7/27/11)
In Maryland, foreclosure auctions are called trustee sales.  These sales are held at the county court house entrance and are open to the public and all qualified bidders.  In Frederick County, a few major real estate auction companies conduct the majority of the sales.  Some trustees handle the sales theselves.  All of the sales are advertised for one time a week for three weeks before the scheduled auction.  The terms are set forth in the advertisements and trustees will answer any questions on the date of the sale.
These properties are not available for inspection and … (2 comments)

foreclosures: Washington County, MD Foreclosures & Short Sales Update - 07/11/11 01:24 PM
Washington County, MD Foreclosures & Short Sales Update
There are 897 homes for sale in Washington County, MD.  50 (6%) of the active listings are lender owned foreclosures and 119 (13%) are short sale pre-foreclosure offerings.  
Lender Owned Homes:     
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-144360174-255  
Short Sale Pre-foreclosures:     
Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-144360196-965  
Washington County, Maryland Real Estate Market Statistics:  During June, 2011, there were 134 closed sales and the average sold price was $152,279, down 13.04% from last year, with an average of 136 days on the market. … (4 comments)

foreclosures: Frederick County, MD Foreclosures & Short Sales Update - 07/11/11 01:01 PM
Frederick County, MD Foreclosures & Short Sales Update  
There are 1,251 active listings of homes for sale in Frederick County, MD.  46 (4%) of the properties are lender owned foreclosures and 238 (19%) are short sale pre-foreclosures.  
Prospective buyers are anxious to take advantage of the attractive prices and the very low mortgage interest rates.  Real estate investors are building their rental portfolios and are frequently competing with first time home buyers.  
Home buyers and home sellers need to be aware of the categories of properties they are considering.  The dynamics of lender owned foreclosures and short sale offerings … (6 comments)

foreclosures: Montgomery County, Maryland Foreclosure Auctions - 07/11/11 10:05 AM
Montgomery County, Maryland Foreclosure Auctions
Maryland foreclosure auctions are called Trustee Sales and are held at the county court house.  Trustee Sales are open to the public and all qualified bidders.  Newspaper notices are published one time a week for three weeks before the sale date.  Prospective bidders should take time to fully understand the terms of the sales and the risks that are involved. 
Normally, interior inspections are not available for buyers, inspectors or appraisers.  Each advertisement indicates the required deposit which must be in the form of cash or certified funds.  The properties are sold in "as-is" condition and … (2 comments)

foreclosures: Montgomery County, Maryland Foreclosures & Short Sales Update - 07/05/11 09:55 AM
Montgomery County, Maryland Foreclosures & Short Sales Update
120 (3%) of the 3,454 homes for sale in Montgomery County, MD are REO properties while 551 (16%) are short sale pre-foreclosures.
The residential real estate market is very active in Montgomery County, MD.  Home buyers are anxious to take advantage of the attractive prices and the very low mortgage interest rates.  Home buyers are facing multiple contract competition on some of the well price homes in preferred locations.
The Housing Opportunities Commission of Montgomery County (HOC) offers a mortgage interest rate to 4.5% with zero points for a 30 year fixed rate … (0 comments)

 
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Roy Kelley, Montgomery County, MD Homes For Sale

Gaithersburg, MD

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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

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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


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