ARCHIVED BLOG POSTS
2008
It is easy for home buyers to find real estate bargains in Clarksburg, Maryland. Recently, there has been a constant supply of lender owned foreclosures in Clarksburg. The lenders are buying most of the homes that are sold at the trustee auction sales which are held at the court house door. Then ...
06/23/2008
The lenders are reducing prices on the REO inventory to attract buyers. Countrywide Home Loans just authorized a price reduction on this home to $355,900. Many families are using FHA financing for the low cash requirement. Please contact us if you need a referral to a lender. 26727 RIDGE RD, D...
06/23/2008
FHA gift charities such as Nehemiah Corp. of America and AmeriDream, Inc. have funded down payment assistance programs to allow home buyers to obtain 100% funding for FHA loans that normally require three percent in cash. The home seller makes a contribution to the charity and for a fee of a few...
06/23/2008
Market Conditions: This report shows the continuation of aggressive price reductions in Montgomery County. Lenders are doing what is necessary to reduce the excess inventory of REO properties. This is the hot sector of the residential market simply because of the volume of available deals. Len...
06/23/2008
Water results expected Wednesday June 17, 2008 - 5:52pmHere is where the break actually occurred in the forest. (WTOP Photo/Kristi King) WASHINGTON - The Washington Suburban Sanitary Commission expects to know on Wednesday the results of water samples taken after a 48-inch water main burst in M...
06/17/2008
Roy Kelley and Associates at RE/MAX Realty Group is constantly reviewing the listings of lender owned foreclosures to identify bargain purchase opportunities for our clients. This home was purchased when new in early 2005 for $761,108. Suntrust Bank is offering the home for a quick sale at $64...
06/17/2008
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Comments
Prospective real estate purchasers should keep a sharp eye on the surplus inventory of lender owned foreclosures in Frederick County, Maryland. The previous owner purchased this home in early 2007 for $470,000. After foreclosure, the lender owner is offering the property for a quick sale at $392...
06/17/2008
Contact Roy Kelley at RE/MAX Realty Group roykelley@mris.com when you are searching for real estate bargains. The most attractive segment of the current residential real estate market is the inventory of lender owned homes. Lenders are highly motivated to sell the homes in the REO inventory. P...
06/17/2008
WSSC: Keep boiling that water June 17, 2008 - 8:39amHere is where the break actually occurred in the forest. (WTOP Photo/Kristi King) WASHINGTON - The water is on in most of Montgomery County but most folks still have to boil their water after a 48-inch water main burst Monday. And, some 1,200 ...
06/17/2008
WSSC BOIL WATER ADVISORY FOR CUSTOMERS IN MONTGOMERY COUNTY MANDATORY WATER RESTRICTIONS ALSO IN EFFECT WATER HAS BEEN RESTORED TO SOME CUSTOMERS. EMERGENCY CONTRACTORS ARE BEING HIRED MAKE TO REPAIRS. Contact: WSSC Communications 301.206.8100 (Laurel, MD June 16, 2008): The Washington Suburban S...
06/16/2008
