FINDING REAL ESTATE BARGAINS IN THE REO INVENTORY OF LENDER OWNERS
A Monocacy Crossing home is on the list of lender owned foreclosures in Frederick County, Maryland. If you are seeking a summertime home purchase opportunity, you should be watching the reports on the available foreclosures. The lenders are buying most of the homes purchased at the court house trustee sale auctions. Then, the lenders offer the properties for sale when they become part of the REO inventory.
Please contact us for assistance with you next real estate transaction. Many buyers are now using FHA financing for the low cash requirements. Also, recent action by the White House made FHA financing more attractive for use when purchasing lender owned homes. Buyers do need to be pre-approved for mortgage financing. Please ask us for a referral to a loan officer.
The previous owner purchased this home in the spring of 2006 for $500,000. The lender owner is offering it for sale at $374,900. Please give us a call for more information on this property or others that are currently available.
We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC.