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Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Cohn, Goldberg, Deutsch

By
Industry Observer with Retired

Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Cohn, Goldberg, Deutsch

Maryland foreclosure auctions are conducted at the county court houses when the secured mortgage lenders instruct the trustees under the deeds of trust to conduct trustee sales due to the defaults by mortgage borrowers. Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch.

Trustee sales are open to the public and homes for saleare available to all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure to the lender that the property is being purchased in 'as-is" condition.

The lenders are buying in most of the properties that are offered as homes for sale at the court house auctions. The lenders then offer the homes for sale to the public when they become part of the REO inventory. Contact us for client reports on lender owned homes for sale. We represent home buyers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties.

Trustee sales are not included on MRIS, the regional multiple listing service. All of the listed homes for sale, including lender owned foreclosures and short sale pre-foreclosures may be viewed on Homes Prospector at www.roykelley.com

Visit the Cohn, Goldberg, Deutsch website for full details on their scheduled trustee sales:  http://www.cgd-law.com/

    The colors of winter in Montgomery County.  Life is good!

Foreclosures, Trustee Sales Auctions, Homes For Sale

File
Number
Address Jurisdiction Deposit Sale Date Sale Time Info
430662 12113 Pawnee Drive
Gaithersburg, MD 20878
Montgomery County, MD $76,000 1/19/2011 11:00 am
432897 3104 King Tree Street
Silver Spring, MD 20902
Montgomery County, MD $46,000 1/26/2011 11:00 am
431132 8513 Ewing Drive
Bethesda, MD 20817
Montgomery County, MD $100,000 2/2/2011
436485 18129 Kitchen House Court
Germantown, MD 20874
Montgomery County, MD $24,500 2/16/2011
Posted by

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

Gaithersburg, Maryland  

Barb & Sal Dragotta
Macomb, MI
Macomb County Michigan

Roy...may these offerings help 'clean the ledger' for your area. Thus creating sales for 'regular' Homes on the market.  Good post for anyone interested in purchases in this area.
When it is a Trustee sale in MD, does that mean this is a family inheritance via court order / hired agent? Here in MI we have Estate sales, but that usually implies selling at the home or Auction house- the 'items' of deceased owners.
Love your floral photo & the words that accompany it.
Have a good rest of the week. 
Barb 

Jan 13, 2011 06:53 AM
Roy Kelley
Retired - Gaithersburg, MD

Barb: Trustee sales in Maryland are foreclosure auctions that take place at the court house steps in each county. These are NOT estate sales.

 The colors of winter in Maryland. Life is good!

Jan 13, 2011 08:41 AM