COUNTRYWIDE REO BARGAIN - SILVER SPRING, MARYLAND

September home buyers need to watch the inventory of lender owned homes.  The lenders have a surplus inventory of foreclosed homes and are highly motivated to sell them before the winter season.  Prices are reduced until the homes are under contract.  It is a good time to make offers.  Let us show you how to be the successful purchaser of a REO property.

Many families are using FHA financing for the low cash requirement and easier underwriting requirements.  Recent changes by the White House made FHA even more attractive for use when purchasing lender owned homes.  Buyers need to be pre-qualified for financing. Ask us for the name of a loan officer. 

We represent buyers as their exclusive agents.  Let us know if you would like to receive our client reports on lender owned homes in Frederick County and Montgomery County, MD.  roykelley@mris.com

NOTICE:  AVOID AUTOMATIC CONTRACT REJECTION.  PROSPECTIVE BUYERS MUST SUBMIT A CONTRYWIDE PRE-QUALIFICATION LETTER WITH ANY OFFER.

12208 KENDALL CT, SILVER SPRING, MD 20902  

KINGSWELL - 3 BEDROOMS/1 BATH - $269,900
 
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PREVIOUS SALES DATE AND PRICE:  20-Dec-2006  $405,000

Tax Fiscal Year  2008  Estimated property tax and non-tax charges in first full fiscal year of ownership.

 
TOTAL EST. CHARGES:  $3,935  City Tax:  Tax Year:  2008  
State/County Tax:  $2,562  Refuse:  344.96 Base Tax Rate:  0.74  
Special Tax:  $1,027 Homestd/Exempt Status:    Exempt Class:  000  
Front Foot Fee:  Tax Class:  38   Mult Class:  




ASSESSMENT        

         
Year Assessed 
Phase-in Value 
Land 
Improvement 
Land Use 
 
2008 $346,743 $266,350 $117,800

 

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Roy Kelley

Gaithersburg, MD

More about me…

RE/MAX Realty Group

Address: 6 Montgomery Village Avenue, Suite 200, Gaithersburg, MD, 20879

Office Phone: (301) 921-4569

Email Me

Comments from an associate broker with over 40 years of experience in the residential real estate field. REO and foreclosures expert in Maryland.


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