foreclosures: MONTGOMERY COUNTY, MD TRUSTEE SALES - ALEX COOPER - 02/20/09 02:35 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the … (3 comments)

foreclosures: MONTGOMERY COUNTY, MD REO REPORT - 02/19/09 06:40 AM
MONTGOMERY COUNTY, MD - LENDER OWNED FORECLOSURES
REO REPORT FROM ROY KELLEY & ASSOCIATES    
(Rev. 2/19/09 - Contact us for further daily price reductions.)  
Roy Kelley, RE/MAX Realty Group, Gaithersburg, MD 301-921-4569 roykelley@mris.com  
REO homes are foreclosures owned by lenders and other entities. We represent clients as exclusive buyer agents. The disclosures that are required for home buyers in Maryland will be provided when you meet with us.  Buyers must have pre-approval letters for mortgage financing.  Email us for a referral to a lender.  The following are available REO homes. Prices are reduced until they are sold. … (6 comments)

foreclosures: REO HOMES BACK ON THE MARKET - MONTGOMERY COUNTY, MD - 02/18/09 03:01 AM
REO HOMES BACK ON THE MARKET - MONTGOMERY COUNTY, MD
If you previously called on any of the following properties and were told that they were under contract, please call us again. The contracts did not go to settlement and these homes are again on the market and available for purchase. The lenders have a surplus inventory of owned foreclosures. They are highly motivated sellers and prices are reduced until the properties are under contract.
Buyers do need to be pre-qualified for mortgage financing since a lender letter must be submitted with any offer. Ask us for a referral if you … (2 comments)

foreclosures: BUYING AT A TRUSTEE SALE - RISKY BUSINESS - 02/17/09 01:45 AM
BUYING A HOME AT A TRUSTEE SALE - RISKY BUSINESS
We received a call from a first time buyer asking about buying a home that is scheduled for a trustee sale.  With so much in the news about foreclosures, it is probably a good time to restate some of the issues that prospective buyers should consider.
Most buyers like to look at the homes they are thinking about.  Unfortunately, most of the properties in trustee sales are not available for viewing.  Some of the homes are listed for sale as pre-foreclosures and are available for inspection. However, when the properties are scheduled … (1 comments)

foreclosures: FREDERICK, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/16/09 02:19 AM
FREDERICK, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
Interested buyers should be watching the advertisements for trustee sales in the coming weeks. The list below has been posted by Cohn, Goldberg, Deutsch. http://www.cgd-law.com
Trustee sales are open to the public and 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 … (1 comments)

foreclosures: MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH - 02/16/09 02:11 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES BY COHN, GOLDBERG, DEUTSCH
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 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 … (1 comments)

foreclosures: FREDERICK COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST - 02/16/09 01:28 AM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST
Harvey West Auctioneers has scheduled a number of trustee sales in Frederick County, Maryland.
Trustee sales are open to the public and 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 the the lender that the property is being purchased in … (1 comments)

foreclosures: MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST - 02/16/09 01:13 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES SCHEDULED BY HARVEY WEST
Harvey West Auctioneers has scheduled a number of trustee sales in Montgomery County, Maryland.
Trustee sales are open to the public and 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 the the lender that the property is being … (1 comments)

foreclosures: FREDERICK COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS - 02/16/09 12:45 AM
FREDERICK COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the … (0 comments)

foreclosures: MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS - 02/16/09 12:39 AM
MONTGOMERY COUNTY, MARYLAND TRUSTEE SALES - ALEX COOPER , AUCTIONEERS
Next week will be a busy period for foreclosure sales. Trustee sales are open to the public and all qualified bidders. The deposits must be in cash or certified funds. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions. Always check for cancellations since bankruptcy filings or reinstatements may stop sales.
In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the … (0 comments)

foreclosures: POTOMAC, MARYLAND 20854 REAL ESTATE TREND INDICATOR - 02/15/09 03:35 AM
POTOMAC, MARYLAND 20854 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20854, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 57 new listings in the area and 27 listings went to new pending contracts. There were 8 actual settlements as compared to 18 homes sold last year. The total sold dollar volume was down 57.67%.  The average number of days on the market was 109 from 169 days last year.  The average sale price … (0 comments)

foreclosures: DAMASCUS, MARYLAND 20872 REAL ESTATE TREND INDICATOR - 02/15/09 03:24 AM
DAMASCUS, MARYLAND 20872 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20872, you should take a close look at the following report that compares the statistics for January with the same month last year. There were 9 new listings in the area and 8 listings went to pending new contracts. There were 5 actual settlements as compared to 4 homes sold last year. The total sold dollar volume was up 17.13%. The average number of days on the market was up to 194 from 131 days last year. The average … (0 comments)

foreclosures: GERMANTOWN, MARYLAND 20874 REAL ESTATE TREND INDICATOR - 01/11/09 05:54 AM
GERMANTOWN, MARYLAND 20874 REAL ESTATE TREND INDICATOR    
If you are thinking about buying or selling a home in zip code 20874, you should take a close look at the following report that compares the statistics for December with the same month last year. There were 72 new listings in the zip code and 47 listings went to pending new contracts. There were 55 actual settlements as compared to 43 homes sold last year. The total sold dollar volume was up 4.15%.  The average sold price was $301,248 and the median sold price was $260,000.  The average number of days … (2 comments)

foreclosures: REO PROPERTIES BACK ON MARKET - MONTGOMERY COUNTY, MARYLAND - 01/05/09 02:22 AM
Deleted
(11 comments)

foreclosures: COUNTRYWIDE REO PRICE REDUCED - SENECA CROSSING, MONTGOMERY COUNTY, MARYLAND - 12/08/08 12:59 AM
COUNTRYWIDE REO PRICE REDUCED - SENECA CROSSING, MONTGOMERY COUNTY, MARYLAND
21109 SILVER BIRCH LN, GERMANTOWN, MD 20876
Countrywide Home Loans has reduced the price of this 5 bedroom, 3.5 bathrooms, home to $458,900.

December home buyers are watching the inventory of lender owned home for the purchase bargains. The lenders have a surplus inventory of homes and it is a good time to submit your contract. Contact us for full details on this home and other lender owned homes in Montgomery County and Frederick County, Maryland. roykelley@mris.com
(8 comments)

foreclosures: TRUSTEE SALE - 3722 POINT OF ROCKS RD, JEFFERSON, MD 21755 - 11/16/08 04:06 AM
 TRUSTEE SALE - JEFFERSON, MARYLAND
A trustee sale advertisement appeared in the 11/14/08 issue of The Gazette under The Gazette Legal Notices for an auction scheduled for Monday, November 24, 2008 at 11:15 AM.  The location of the sale is the court house door of the Circuit Court for Frederick County, Maryland.  The required deposit is $57,900. For full details, read the advertisement in The Gazette and contact the trustee.
This home is not actively listed on the Multiple Listing Service.  Most of the homes that are sold at the trustee sales are purchased by the secured mortgage lenders. The lenders … (9 comments)

foreclosures: WASHINGTON COUNTY, MARYLAND HUD HOMES - 11/16/08 02:59 AM

WASHINGTON COUNTY, MARYLAND HUD HOMES

There are now several HUD homes available for purchase in Washingtonk County, Maryland. These are properties that formerly were financed by FHA and went to foreclosure with the previous lenders.
HUD homes are first offered to owner occupant purchasers before being offered to investor buyers. The homes designated for owner occupants are not currently available to investors.
FHA financing is usually to best for mortgages on these homes. Ask your  loan officer about your options including renovation financing that can cover fix up.  We will be happy to refer you to a loan officer … (9 comments)

foreclosures: FREDERICK COUNTY, MARYLAND HUD HOMES - 11/16/08 02:51 AM
 
FREDERICK COUNTY, MARYLAND HUD HOMES
There are now several HUD homes available for purchase in Frederick County, Maryland. These are properties that formerly were financed by FHA and went to foreclosure with the previous lenders.
HUD homes are first offered to owner occupant purchasers before being offered to investor buyers. These home are now available to owner occupants and investors.
FHA financing is usually to best for mortgages on these homes. Ask your  loan officer about your options including renovation financing that can cover fix up.  We will be happy to refer you to a loan officer that provides FHA financing.
(7 comments)

foreclosures: MONTGOMERY COUNTY, MARYLAND HUD HOMES - 11/16/08 02:45 AM
 
MONTGOMERY COUNTY, MARYLAND HUD HOMES
There are now two HUD homes available for purchase in Montgomery County, Maryland. These are properties that formerly were financed by FHA and went to foreclosure with the previous lenders.
HUD homes are first offered to owner occupant purchasers before being offered to investor buyers. These home are now available only to owner occupants.
FHA financing is usually to best for mortgages on these homes. Ask your loan officer about your options including renovation financing that can cover fix up.  We will be happy to refer you to a loan officer that provides FHA financing. … (7 comments)

foreclosures: REO BARGAIN - SCHAEFFER FARM - 12006 TREGONING PL, CLARKSBURG, MD 20871 - 10/16/08 02:53 AM
 REO BARGAIN - SCHAEFFER FARM, CLARKSBURG, MARYLAND - MONTGOMERY COUNTY
Home buyers are searching for bargain prices and they are found in the inventory of lender owned homes in Montgomery County, Maryland.  The surge in foreclosures has created a surplus inventory of owned homes and the lenders are highly motivated to sell the properties as quickly as possible. The prices are reduced until they go to contract. It is a good time to submit an offer.
Buyers do need to be pre-approved if mortgage financing is to be used. Ask us for a referral to a lender with experience in REO sales. … (5 comments)

 


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