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Montgomery County MD Lender Owned Foreclosures & Short Sale Listings

By
Industry Observer with Retired

Montgomery County MD Lender Owned Foreclosures & Short Sale Listings

***Please take action now if you need to purchase by the end of April to qualify for the tax credit of $8,000 for first time home buyers or $6,500 for current home owners that are purchasing another primary residence. FHA buyers will save if they purchase before April because the mortgage insurance premiums will be increasing.***

There are 190 active listings of  lender owned foreclosures (REO) available for purchase in Montgomery County MD.  Click on the listing number to see the full property description. Sort by column headers.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-102707052-650

What are short sales? The answers are here: http://activerain.com/blogsview/1418385/what-are-short-sales-

There are 255 active short sale listings priced at $250,000 and BELOW in Montgomery County.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-102707132-606

There are 254 active short sale listings available at $250,000 and ABOVE in Montgomery County.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-102707164-527

Pre-approval for mortgage financing is the first step in the home purchase process. Ask us for a referral if you do not have an existing relationship with a mortgage lender.

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 real estate questions. Your referrals of friends and family members will always be appreciated.

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland