montgomery county: MOntgomery County Maryland Trustee Sales- Jan 2012- Cohn, Goldberg, Deutsch - 01/10/12 03:23 AM
Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Cohn Goldberg, Deutsch Montgomery County foreclosure auctions are conducted at the county court house 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 sale are available to all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always … (0 comments)

montgomery county: Suburban Maryland Real Estate Market Statistics, December, 2011 - 01/10/12 02:19 AM
<!--StartFragment--> Suburban Maryland Real Estate Market Statistics, December, 2011
Monthly statistics are available on the tenth of the following month.
 
Montgomery County, MD
Real Estate Market Statistics for Montgomery County, Maryland:  During December, there were 713 closed sales in Montgomery County, MD, down 10.54% from last year.  The average sold price was $426,499, down 7.56% from last year, with an average of 85 days on the market. The median sold price at $335,000 was down 6.69% from last year. The average sold price was 92.48% of the average original list price.
The real estate market statistics for the past month … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 01/05/12 - 01/05/12 06:39 AM
<!--StartFragment--> Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 01/05/12
Have you visited my real estate page on Facebook?  Designed to provide with you valuable information on home ownership, occasional money saving deals I come across and more. Please click here today and show me your support by “Liking” the page and feel free to share it with your friends and family. Always happy to help you or someone you know. My business is referral based and I like it that way!
The Case-Shiller housing price numbers for October show only two metropolitan areas, Detroit and Washington, DC, with positive … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/29/11 - 12/29/11 12:45 PM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/29/11
The Washington Regional Alcohol Program will again be offering its Sober Ride Program at 1-800-200-TAXI from now through Jan 01, 2012. For more information, visit http://www.wrap.org/soberride/.
Beginning January 01, 2012, the Montgomery County Bag tax takes effect. All retailers will be required to collect five cents per bag. If you have recyclable bags or plastic grocery bags,  leave a few in the trunk of your  car.
Licensed in Maryland and Virginia, I represent buyers and sellers in residential transactions, whether a regular resale or distressed property.  If you know anyone who would … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/15/11 - 12/16/11 03:16 AM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/15/11  
With low home prices and interest rates at historic lows, today’s market might just present your best opportunity to “move up” to a new home, buy your first home or investment property. A “move up” may represent a lifestyle change to a larger home, different neighborhood, or even a downsize.  Whether considering an REO or short sale, buyers should use an agent experienced in these transactions to ensure proper representation and to have a full understanding of the various processes.
 
I represent buyers and sellers in residential transactions, … (0 comments)

montgomery county: Suburban Maryland Real Estate Market Statistics, November, 2011 - 12/12/11 06:40 AM
<!--StartFragment--> Suburban Maryland Real Estate Market Statistics, November, 2011
Monthly statistics are available on the tenth of the following month.
Montgomery County, MD
Real Estate Market Statistics for Montgomery County, Maryland:  During November, there were 673 closed sales in Montgomery County, MD, down 9.54% from last year.  The average sold price was $443,417, up 7.83% from last year, with an average of 84 days on the market. The median sold price at $350,000 was down 2.78% from last year. The average sold price was 93.7% of the average original list price.
The real estate market statistics for the past month may … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/08/11 - 12/08/11 03:14 AM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/08/11  
Low home prices and strong demand for rental housing continue to drive investors into the market. Investors continue to find that purchasing distressed units, rehabbing and than collecting rents to be an attractive aspect of their overall financial plan.  Whether considering an REO or short sale, buyers should use an agent experienced in these transactions to ensure proper representation and to have a full understanding of the various processes. For more information, read this article at http://rismedia.com/2011-11-27/investor-sales-surge/
 
The Montgomery County Distressed Market  
Of the 2769 homes currently available … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/01/11 - 12/01/11 02:49 AM
<!--StartFragment--> Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 12/01/11
**Due to server outage last week, many clients did not receive last week’s update and I will repeat some of that information accordingly.  I apologize for any inconvenience.

With the holidays upon us, there’s no better time to say Thank You to those who have helped me grow my business over the years. Without your trust, referrals and support, I would not be as successful as I am. For that, I thank you all.

Whether it has been assisting with first-time home-buyers, avid investors, or simply providing advice, … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 11/22/11 - 11/22/11 02:45 AM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 11/22/11 (Early due to Thanksgiving holiday)
 
With the Thanksgiving holiday upon us, there’s no better time to say Thank You to those who have helped me grow my business over the years. Without your trust, referrals and support, I would not be as successful as I am. For that, I thank you all.
 
Whether it has been assisting with first-time home-buyers, avid investors, or simply providing advice, it has been my privilege to get to know you and your families.  If there’s anything you, your family or friends are … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 11/18/11 - 11/18/11 02:35 AM
<!--StartFragment--> Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 11/18/11
Trustee Sales- Trustee sales are auctions held at the courthouse steps and represent the final step in the foreclosure process. The sale is open to the general public but buyers should be cautious. The first trust lender will generally bid as well up to the current loan balance including legal fees making the price too high for most buyers. While there are exceptions, buyers should bid with caution.  Trustee sales are purchased site unseen and no inspections are permitted as a condition of the purchase. Financing is generally non-existent as … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 1/10/11 - 11/10/11 03:59 AM
<!--StartFragment--> Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 11/10/11
81 (2.6%) of the 3,148 active homes for sale in Montgomery County, MD are REO properties while 558 (17.7%) are short sale pre-foreclosures.   Fannie Mae- Freddie Mac- HUD-  If you are considering making an offer on a Fannie/Freddie/HUD owned property, it is important to understand that these sellers have restrictions on new listings. For Fannie and Freddie properties, investor offers will not be considered until the property has been on the market for 15 days. HUD ususally restricts their properties for 30 days.  Additionally, it's impotant to note that … (0 comments)

montgomery county: Suburban Maryland Real Estate Market Statistics, October, 2011 - 11/10/11 03:03 AM
Suburban Maryland Real Estate Market Statistics, October, 2011 Monthly statistics are available on the tenth of the following month. Montgomery County, MD Real Estate Market Statistics for Montgomery County, Maryland:  During October, there were 634 closed sales in Montgomery County, MD, down 9.43% from last year.  The average sold price was $411,221, down 6.45% from last year, with an average of 85 days on the market. The median sold price at $327,250 was down 6.50% from last year. The average sold price was 91.9% of the average original list price.The real estate market statistics for the past month may be viewed by clicking on … (0 comments)

montgomery county: RE/MAX Realty Group Helps the Hungry - 11/04/11 08:35 AM
Each year, RE/MAX Realty Group and I work to collect food for folks in our community who are less fortunate. Over the years, we have collected a great deal of food. This year, however, the food banks tell us the need is especially great.
Our goal is to collect one ton of food.
Can you help? We will be collecting donations through Wednesday, November 16th. Please call or email me and leave any non-perishable food on your front step in a paper bag (Montgomery Co). Or, if you prefer, you can drop off food at either of our two local offices.
Thanks! … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 11/03/11 - 11/03/11 08:34 AM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 11/03/11
 
Each year, RE/MAX Realty Group and I work to collect food for folks in our community who are less fortunate. Over the years, we have collected a great deal of food. This year, however, the food banks tell us the need is especially great.
 
Our goal is to collect one ton of food.
 
Can you help? We will be collecting donations through Wednesday, November 16th. Please call or email me and leave any non-perishable food on your front step in a paper bag. Or, if you prefer, you … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 10/27/11 - 10/27/11 04:54 AM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 10/27/11
One question I am often asked by clients is about structuring an offer on foreclosed properties. Whether an investor or first-time buyer, the bottom line net to the seller is the key figure. If closing cost assistance is required, buyers may offer over asking price to compensate for the needed cash.  In terms of the offer price, banks are not usually willing to negotiate on newly listed properties. They may allow for closing help provided there are no competitive offers. After the first two weeks, banks become more flexible before offering … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 10/20/11 - 10/20/11 09:16 AM
<!--StartFragment--> Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 10/20/11
  Of the 3391 homes currently available for sale in Montgomery County, 89(2.6%) are REO or foreclosures while 602(17.8%) are potential short sales.  The number of foreclosures available is low and in response, lenders are receiving multiple offers on many and selling for above list price. Short sales continue to be an active segment for buyers looking potential deals, especially for those who can allow the lender(s) sufficient time to complete the process.     Our market is opportunistic for both buyers and sellers. Investors looking to expand their portfolios … (0 comments)

montgomery county: Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 10/14/11 - 10/14/11 08:05 AM
Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 10/14/11
 
95 (2.8%) of the 3,438 homes for sale in Montgomery County, MD are REO properties while 598 (17.4%) are short sale pre-foreclosures.
 
Home buyers continue to face multiple contract competition on some of the well price homes in preferred locations.  Real estate investors are competing with first time home buyers as they build their rental portfolios while lender owned foreclosures are available at attractive prices.
 
Interest rates remain historically low and now is a great time for buyers to get off the fence.  Investor financing is now available … (0 comments)

montgomery county: Hagerstown Rocks this Weekend at Monster Jam! - 07/16/09 05:50 AM
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montgomery county: Chinese Drywall causing concerns - 04/09/09 08:16 AM
While on vacation last week in southern Florida, I caught a story affecting numerous homeowners in the Miami area and elected to do a bit more research and I thought it was important to share.  The issue revolves around drywall imported from China from early 2000 through 2007 after the building boom, the remodeling craze and the reconstruction after hurricanes hit the south.  The issue surrounds high levels of sulphur within the drywall.
Concerns about Chinese-made drywall emerged in Florida last year but by now have spread to other states. The U.S. Consumer Product Safety Commission said it's investigating complaints in … (1 comments)

montgomery county: Rockville Condo Auction- February 28, 2009 - 02/23/09 07:13 AM
If you have been interested in a condominium as an investment or primary residence, there's an auction this weekend for condominiums at The Fitz in Rockville near the new Rockville Town Center and Rockville Metro Station.  Forty one and two bedroom units will be auctioned off starting at only $159,000.  Buyers must be pre-qualified and have certified funds on the day of the auction.
"The Fitz at Rockville Town Center," located at 501 Hungerford Drive, just outside the geography it takes its name from, was the first condo developed in the then-emerging neighborhood.  About five years ago, the building was converted from … (0 comments)

 
Craig Rosenfeld (RE/MAX Realty Group)

Craig Rosenfeld

Gaithersburg, MD

More about me…

RE/MAX Realty Group

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

Office: 301(258) 775-7519

Mobile: (301) 529-0053



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