Kensington Homes for Sale, Pre-foreclosures, REO - Montgomery County MD
Please let us know if you need to purchase by the end of April to qualify for the tax credit. The $8,000 credit is for first time home buyers and current owners that have owned for 5 years may receive a $6,500 tax credit.
Home owners and prospective home buyers are closely watching the local residential real estate market. We email monthly statistics, but sometimes you need to have a detailed look at what is actually on the market for sale.
The following three reports show the properties that are active listings of homes for sale in the area. The properties are sorted by subdivisions. You may sort differently by clicking on the column headers.
The first report shows the 44 active listings excluding the lender owned (REO) homes and the short sale listings.
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-98290136-641
The second report shows the 7 short sale listings that are available. Short sales are transactions where the proceeds of the sale will not cover the outstanding mortgages. These are sometimes called pre-foreclosures. Home buyers need to be very selective when submitting offers on short sales. If the price appears too good to be true, the listing may be unrealistic.
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-98290168-827
The third report shows 4 lender owned foreclosures (REO) for sale. The lender owned properties are vacant and prices are reduced until they are sold by the highly motivated sellers.
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-98290270-63
The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program: http://www.federalhousingtaxcredit.com/glance.php
Please contact us with your questions. Your referrals of friends and family members will always be appreciated.
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