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Crofton MD Real Estate - Crofton MD Foreclosures

By Richard Iarossi

Real Estate Agent with Coldwell Banker Residential Brokerage 531132

August 01, 2010 01:24 PM

Homes that have completed the foreclosure legal process frequently revert back to the bank, if they're not perviously sold at auction. While Crofton, MD doesn't have a significant number of bank owned properties, some are always available for preview and purchase.

Crofton, MD has had a total of 165 homes that have sold since January 1, 2010. Of these, 13 were bank owned (foreclosure) sales. This equates to 7.8% of total sales. Compared to other communities in the area, this is a very small number.

The process of purchasing a bank owned property is well documented, and varies only slightly from a normal resale. The fact that there hasn't been many foreclosures in Crofton, MD has tended to help keep property prices stable.

As of today, August 1, 2010, the map below shows the seven properties that have been foreclosed on in Crofton, MD. These properties are available for preview. Hover over the icon for a picture and price, click on the icon for full details.

If you're not already working with an agent, I can show you any foreclosed property in Crofton, MD, or anywhere in the surrounding area.