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Frederick County MD Lender Owned Foreclosures & Short Sale Listings

By
Industry Observer with Retired

Frederick County MD Lender Owned Foreclosures & Short Sale Listings

***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 can avoid the increase in mortgage insurance cost if under contract by the end of March.***

There are 98 active listings of lender owned foreclosures (REO) available for purchase in the county. Click on the listing number for full details on each property. Sort by column headings.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-103089422-975

What are short sales? The answers are here: http://activerain.com/blogsview/1418385/what-are-short-sales- These are the transactions that require lender approval since the proceeds will not cover the mortgage balances. Short sales take longer and more frustrations should be anticipated. Bargains can be found for patient home buyers. These are pre-foreclosures listings and buyers need to be very selective since many of the properties are sold at the trustee sale auctions.

There are 180 active short sale listings in Frederick County.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-103089463-293

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. Please ask us for a referral if you do not have a relationship with a mortgage lender.

The Home Buyer Tax Credit now includes current home owners as well as first time buyers.  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  

Comments (9)

Roy Kelley
Retired - Gaithersburg, MD

I hope you have enjoyed a very productive week. Have an outstanding weekend.

Feb 19, 2016 06:01 AM
Roy Kelley
Retired - Gaithersburg, MD

I hope you are having a very productive week. We have been enjoying mild weather in Maryland but snow is predicted this weekend.

Mar 18, 2016 06:47 AM
Roy Kelley
Retired - Gaithersburg, MD

We have another very hot day in Maryland. Our flowers need some more rain.

Jul 26, 2016 03:12 AM
Roy Kelley
Retired - Gaithersburg, MD

We have a lovely day in Maryland. Dolores is heading to the golf course at Montgomery Country Club.

Aug 25, 2016 12:08 AM
Roy Kelley
Retired - Gaithersburg, MD

I hope your holiday weekend was outstanding. We had beautiful weather in Maryland for outdoor activities.

Have a most productive week!

Sep 05, 2016 10:29 PM
Roy Kelley
Retired - Gaithersburg, MD

Dolores and I were out of town yesterday so today is a catch up day.

Have a great Friday and an outstanding weekend.

Nov 10, 2016 10:36 PM
Roy Kelley
Retired - Gaithersburg, MD

We have chilly Sunday morning in Maryland. Have a great day and an outstanding week.

Nov 12, 2016 09:17 PM
Roy Kelley
Retired - Gaithersburg, MD

Good Thursday evening to all.

Enjoy the holidays and be well prepared for the challenges of the new year.

Dec 29, 2016 05:34 PM
Roy Kelley
Retired - Gaithersburg, MD

I hope you are enjoying a most productive month.

We have another beautiful day in Maryland and life is good.

Aug 13, 2017 09:08 AM