As you can see below most of the previously scheduled auctions have been or will be canceled. The majority of the homes that do make it to the auction block will revert back to the lender ... due to the fact that most of the foreclosed homes in this market are "Short" ... the owner owes more than the property is presently worth. A few good deals will slip through the cracks but it definitely takes time & patience. A better way to take advantage of this market is to wait until the properties are marketed as Bank Owned (REO's) ... they will likely be very aggressively priced & represent the BEST deals in this market.
I represent my buyers as their exclusive Agent ... if you are interested in one of the many bank owned properties NOW LISTED for sale ... I would be glad to help.
rick.boothe@longandfoster.com
Auction List by Alex Cooper
Wednesday, October 21, 2009
10:00 AM - 130 Duvall La., #101, Gaithersburg, 20877 Dep. $18,500. BU
10:04 AM - 6109 Rosemont Cir., North Bethesda, 20815 Dep. $133,500. BU
10:06 AM - 200 Frederick Ave., Rockville, 20850 Dep. $24,000. BU
10:12 AM - 2803 Harris Ave., Silver Spring, 20902 Dep. $33,500. BU
10:14 AM - 1815 Tufa Terr., Silver Spring, 20904 Dep. $19,500. BU
10:16 AM - 7500 Woodmont Ave., Unit #S808, Bethesda, 20814 Dep. $25,000. BU
10:20 AM - 2817 Schubert Dr., Silver Spring, 20904 Dep. $36,000. BU
10:24 AM - 18948 Ebbtide Cir., Germantown, 20874 Dep. $28,000. BU
10:26 AM - 7 Polk Ct., North Potomac, 20878 Dep. $31,500. BU
10:28 AM - 4712 Listra Rd., Rockville, 20853 Dep. $31,500. BU
10:32 AM - 13300 Grenoble Dr., Rockville, 20853 Dep. $33,500. BU
10:36 AM - 9219 Chadburn Pl., Montgomery Village, 20886 Dep. $22,500. BU
10:40 AM - 19044 McFarlin Dr., Germantown, 20874 Dep. $34,500. BU
10:44 AM - 13035 Bridger Dr., Unit #1408, Germantown, 20874 Dep. $24,000. BU
10:48 AM - 14165 Aldora Cir., Burtonsville, 20866 Dep. $27,500. BU
10:50 AM - 703 Firestone Dr., Silver Spring, 20905 Dep. $92,000. BU
10:52 AM - 25004 Woodfield Rd., Damascus, 20872 Dep. $34,000. BU
10:54 AM - 13114 Pickering Dr., Germantown, 20874 Dep. $30,000. BU
10:56 AM - 454 Girard St., Unit #104, Gaithersburg, 20877 Dep. $15,500. BU
10:58 AM - 2205 Hermitage Ave., Silver Spring, 20902 Dep. $52,000. BU
11:00 AM - 11501 Lamberton Ct., Silver Spring, 20902 Dep. $16,000. BU
11:02 AM - 8611 Cedar St., Silver Spring, 20910 Dep. $42,000. BU
11:06 AM - 10705 Hunters Chase La., Damascus, 20872 Dep. $32,000. BU
11:08 AM - 13022 Freeland Rd., Rockville, 20853 Dep. $35,500. BU
2:35 PM - 2919 Olney-Laytonsville Rd., #2919-A, Olney, 20832 Dep. $20,000.
2:45 PM - 10008 Stedwick Rd. a/r/t/a 10008-202 Stedwick Rd., Gaithersburg a/r/t/a Montgomery Village, 20886 Dep. $23,000. BGW
2:46 PM - 9900 Walker House Rd., Apt. #2, Montgomery Village, 20886 Dep. $25,000. BGW
2:47 PM - 5913 Barbados Pl., Unit #101 a/r/t/a Unit #79, Rockville, 20852 Dep. $32,000. BGW
2:48 PM - 2301 Greenery La., Unit #103-5, Silver Spring, 20906 Dep. $21,000. BGW
2:49 PM - 15249 Briarcliff Manor Way, Burtonsville, 20866 Dep. $71,000. BGW
2:50 PM - 18601 Tarragon Way, Germantown, 20874 Dep. $25,000. BGW
2:51 PM - 1607 Forbes St., Rockville, 20851 Dep. $35,000. BGW
2:52 PM - 1012 Kathryn Rd., Silver Spring, 20904 Dep. $47,000. BGW
2:53 PM - 13410 Hathaway Dr., Silver Spring, 20906 Dep. $54,000. BGW
2:54 PM - 8432 Meadow Green Way, Gaithersburg, 20877 Dep. $28,000. BGW
2:55 PM - 9039 Sligo Creek Pkwy., Unit #1709, Silver Spring, 20901 Dep. $36,000. BGW
2:56 PM - 3112 Spencerville Rd., Burtonsville, 20866 Dep. $41,000. BGW
2:57 PM - 1605 Catchworth Ct., Silver Spring, 20905 Dep. $31,000. BGW
3:00 PM - 2488 Sun Valley Cir., Unit #8-H, Silver Spring, 20906 Dep. $34,000. BGW
3:01 PM - 4412 Bennion Rd., Silver Spring, 20906 Dep. $39,000. BGW
3:03 PM - 2433 White Horse La., Silver Spring, 20906 Dep. $66,000. BGW
3:04 PM - 18312 Gardenia Way, Gaithersburg, 20879 Dep. $40,000. BGW
3:06 PM - 40 Valley Park Ct., Damascus, 20872 Dep. $28,000. BGW
3:07 PM - 104 Dogwood Dr., Gaithersburg, 20877 Dep. $5,000. BGW
3:08 PM - 3008 Upton Dr., Kensington, 20895 Dep. $32,000. BGW
3:09 PM - 3342 Hewitt Ave., Unit #3-3-A, Silver Spring, 20906 Dep. $20,000. BGW
3:10 PM - 4303 Leatherwood Terr., Burtonsville, 20866 Dep. $27,000. BGW
3:11 PM - 20617 Hazelnut Ct., Germantown, 20874 Dep. $50,000. BGW
3:12 PM - 7909 Badenloch Way, Unit #104, Gaithersburg, 20879 Dep. $17,000. BGW
3:13 PM - 1209 Veirs Mill Rd., Rockville, 20851 Dep. $32,000. BGW
3:14 PM - 20604 Neerwinder St., Germantown, 20874 Dep. $44,000. BGW
3:15 PM - 12416 Palermo Dr., Silver Spring, 20904 Dep. $39,000. BGW
3:16 PM - 112 Duvall La., Unit #T3, Gaithersburg, 20877 Dep. $17,000. BGW
3:17 PM - 1016 Chiswell La., Silver Spring, 20901 Dep. $48,000. BGW
3:18 PM - 12537 Laurel Grove Pl., Germantown, 20874 Dep. $7,000. BGW
*This information is deemed reliable but not guaranteed.
Good advice. The trustee sales are too risky for most buyers. Best wishes for continued success.