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maryland trustee sales: Do I need a buyer agent to purchase houses at Maryland Trustee Sales?
- 04/02/13 02:05 AM
Do I need a buyer agent to purchase houses at Maryland Trustee Sales?
In Maryland, Trustee Sales are the foreclosure auctions that are held at the county court houses. When a mortgage borrower defaults on a mortgage obligation, the lender instructs the Trustee under the deed of trust to conduct a sale of the property. Purchasers are not required to have a real estate agent and no real estate commission is paid by the seller.
Buyers, however, need to have the ability to know property values in order to make informed bids at the auctions. Further, buyers need to fully … (23 comments)
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maryland trustee sales: FAQ: Will I receive a clear title if I purchase at a Maryland trustee sale?
- 06/06/12 08:17 PM
Will I receive a clear title if I purchase at a Maryland trustee sale?
Maryland trustee sales are the foreclosure auctions that take place at the county court houses. When mortgage borrowers default on their payments, it is also likely that they have other delinquency problems. Some have collection accounts, judgments or IRS liens. To further compound issues, there is a higher frequency of fraud during the foreclosure process than is found in normal real estate transactions.
Trustee sale purchasers should have a team of experts to assist with various aspects of the transaction. An important member of that team is the attorney … (12 comments)
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maryland trustee sales: FAQ: Do Maryland trustee sales allow a home inspection contingency?
- 06/04/12 08:37 AM
Do Maryland trustee sales allow a home inspection contingency? Trustee sales are foreclosure auctions that take place at the county court houses in Maryland. When the mortgage borrower defaults on payments, the lender will instruct the trustee under the deed of trust to conduct a public trustee sale in accordance with Maryland laws and regulations.
In normal real estate transactions, real estate professionals always recommend a home inspection so the purchaser will be fully aware of the physical condition of the property. Unfortunately, when you purchase at a trustee sale, the property is sold in as-is condition and access is not … (14 comments)
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maryland trustee sales: FAQ: When will I receive the keys after a Maryland trustee sale?
- 06/02/12 09:50 AM
When will I receive the keys if I purchase at a Maryland trustee sale?
Trustee sales in Maryland are the foreclosure auctions that take place at the county court houses. These actions are the result of defaults by the mortgage borrowers. Many of the properties are occupied and some are vacant. The occupants could be the current owners, tenants or squatters.
When trustee sale purchasers go to settlement, they will obtain title and the rights of ownership. However, ownership does not mean possession. The trustee will not be delivering keys. The new owner must verify that the property is vacant and … (13 comments)
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maryland trustee sales: FAQ: Will the seller complete lender required repairs in a Maryland trustee sale?
- 06/01/12 03:14 AM
Will the seller complete lender required repairs in a Maryland trustee sale?
Trustee sales are foreclosure auctions that take place at the county court houses in Maryland. The properties are sold in as-is condition and access is not available until after settlement and possession is obtained. The seller will not make any repairs and the purchaser is not allowed to make any repairs before settlement.
From the perspective of the seller, trustee sales are cash transactions. The sellers are not concerned with any financing issues that may be experienced by purchasers. Properties in the foreclosure process tend to have deferred maintenance … (14 comments)
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maryland trustee sales: FAQ: Will they accept my personal check for a Maryland trustee sale deposit?
- 05/30/12 04:27 AM
Will they accept my personal check for a Maryland trustee sale deposit?
When you attend a Maryland trustee sale at the county court house, the auctioneer will read the advertisement that provides the terms of the sale. The required deposit must be in cash or certified funds. So, personal checks are not acceptable.
Most of the investors that attend trustee sales will have Cashier's checks in various amounts so they can match them up for the required deposit. The amount of the deposit for each property will be stated in the advertisement that appears in a newspaper one time a week … (12 comments)
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maryland trustee sales: Roy and Dolores Kelley Photographs & Trustee Sales 11/1/11
- 11/01/11 01:30 AM
Roy and Dolores Kelley Photographs 10/31/11
Where are the lists of Maryland trustee sales?
Information for real estate investors.
We receive many calls asking about trustee sales. These are the foreclosure auctions that take place at the court house entrance in each of the Maryland counties. Most of the real estate investors that track trustee sales use the following websites that provide information on the majority of the sales in the Maryland suburbs of Washington DC. Some trustees handle their own sales or use different auction companies.
Alex Cooper Auctioneers http://www.alexcooper.com/
Cohn, Goldberg, Deutsch http://www.cgd-law.com/
The … (11 comments)
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maryland trustee sales: Frederick County, Maryland Trustee Sales
- 06/08/11 05:57 AM
Frederick County, Maryland Trustee Sales
Trustee sales are foreclosure auctions that take place a the county courthouse steps. The sales are open to the public and all qualified bidders.
Alex Cooper Auctioneers www.AlexCooper.com
Friday, June 10, 2011
Frederick County
11:00 AM - 1404 Angelwing Pl., Frederick, 21703 Dep. $36,000. MWC
THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., FREDERICK, FREDERICK CO.
Monday, June 13, 2011
Frederick County
12:50 PM - 2626 N. Everly Dr., Unit 5-4, Frederick, 21701 Dep. $20,030. NA
THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., … (4 comments)
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maryland trustee sales: Where are the lists of Maryland trustee sales?
- 01/19/11 07:13 AM
Where are the lists of Maryland trustee sales?
The attorney for a new Montgomery County, MD real estate investor had advised him to look into the opportunities to purchase foreclosures at the area trustee sales. The investor asked me how to find the lists and how to learn about the procedures.
We receive many calls asking about trustee sales since we have represented foreclosure buyers for many years. These are the foreclosure auctions that take place at the court house entrance in each of the Maryland counties. Most of the real estate investors that track trustee sales use the following websites … (3 comments)
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maryland trustee sales: FREDERICK COUNTY, MARYLAND TRUSTEE SALES
- 12/08/08 12:16 AM
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Do I need a buyer agent to purchase houses at Maryland Trustee Sales?
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