Foreclosures Frederick Maryland 21701,21702,21703,21704,21705,21709

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Many pre-foreclosure homes that were once offered as short sales end up as foreclosures, which are eventually become an REO Property. The reason why purchasers may refuse to buy a short sale home could be any of the following:

• Sellers unrealistic expectations
• Bank refused to accept less than its present mortgage balance.
• Buyers passed by the short sale because of inexperienced representation
• Location of the home and / or neighborhood was undesirable.
• Listing was overpriced and was invisible to the market
• Seller did not qualify for a short sale.

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