foreclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 04/05/11 04:59 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
The beautiful spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase. By the way, first time buyers are defined as those that have not owned a home during the past three years.
All … (2 comments)

foreclosures: Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 04/05/11 04:40 AM
Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update  
The spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.  
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because … (0 comments)

foreclosures: Montgomery County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 04/04/11 04:43 AM
Montgomery County, MD Weekly Real Estate Report:  Foreclosures & Short Sales Update
The spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward … (5 comments)

foreclosures: Montgomery County, MD - Weekly Real Estate Report And Foreclosures/Short Sales Update - 03/30/11 08:27 AM
Montgomery County, MD - Weekly Real Estate Report And Foreclosures/Short Sales Update
Home owners and prospective purchasers like to know what is happening in the local market. This report shows the impact of  lender owned foreclosures and short sale pre-foreclosures on the market. Generally speaking, the number of lender owned foreclosures (REO listings) is now too low to influence the home values in the county. It is another story with the short sale pre-foreclosures which are creating an artificial market segment that has a very negative influence in the area.  4% of the 3,100 homes for sale in Montgomery County are … (9 comments)

foreclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 03/22/11 06:04 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
The beautiful spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of … (7 comments)

foreclosures: Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 03/22/11 04:35 AM
Washington County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update
The beautiful spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of … (5 comments)

foreclosures: Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update - 03/22/11 04:09 AM
Frederick County, MD Weekly Real Estate Report: Foreclosures & Short Sales Update  
The beautiful spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase. All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because … (5 comments)

foreclosures: Montgomery County, MD - Weekly Real Estate Report: Foreclosures & Short Sales Update - 03/21/11 04:37 AM
Montgomery County, MD - Weekly Real Estate Report:  Foreclosures & Short Sales Update
Home owners and prospective purchasers like to know what is happening in the local market. This report shows the impact of  lender owned foreclosures and short sale pre-foreclosures on the market. Generally speaking, the number of lender owned foreclosures (REO listings) is now too low to influence the home values in the county. It is another story with the short sale pre-foreclosures which are creating an artificial market segment that has a very negative influence in the area.  4% of the 3,044 active listings in Montgomery County are … (1 comments)

foreclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 03/16/11 09:03 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
The beautiful spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of … (3 comments)

foreclosures: Spring flowers and fix-up properties - 03/15/11 11:51 PM
Spring flowers and fix-up properties
The spring weather has everybody going to the garden centers to pick up supplies and select flowers to plant. The spring painting and repair project have also begun in many neighborhoods and work crews will be very busy.
Home buyers are also out to look at the available selection of homes for sale. Buyers have more pressure than normal this season because some the very attractive factors of home buying are expected to change. Low interest rates are expected to rise. The cost of mortgage insurance will be increasing. The down payment amounts will be increasing. The … (22 comments)

foreclosures: Washington County, MD Weekly Real Estate Update - 03/15/11 07:21 AM
Washington County, MD Weekly Real Estate Update
The beautiful spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase.
All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of the upward pressure on interest … (0 comments)

foreclosures: Frederick County, MD Weekly Real Estate Report And Foreclosures/Short Sales Update - 03/15/11 06:59 AM
Frederick County, MD Weekly Real Estate Report And Foreclosures/Short Sales Update  
The beautiful spring weather should encourage prospective home buyers to get to see what is available in the area. Timing may be critical in this unique market. Home prices are the lowest in many years. Mortgage interest rates are very low. Low down payment loans are available and qualified first time buyers have available grants to $7,500 to assist with the cash requirements of a home purchase. All of these positive dynamics are expected to change in the coming months. Lenders are recommending early lock-ins on rates because of … (0 comments)

foreclosures: Washington County, MD Weekly Real Estate Update - 03/08/11 04:09 AM
Washington County, MD Weekly  Real Estate Update
Special Notice:  Please advise prospective first time home buyers in your family or among your co-workers that grants to $7,500 are still available to assist with the down payment and closing costs. A first time home buyer is one that has not owned a home during the past three years.
What's for sale in Washington County?  
There are 938 homes for sale in the county.  9% of the active listings are lender owned foreclosures and 12% are short sale pre-foreclosure listings.  
Lender Owned Homes:  There are 83 lender owned foreclosures (REO) for … (3 comments)

foreclosures: Frederick County, MD Trustee Sales, Foreclosure Auctions, Homes For Sale - Alex Cooper Auctioneers - 03/08/11 02:26 AM
Frederick County, MD Trustee Sales, Foreclosure Auctions, Homes For Sale - Alex Cooper Auctioneers 
Trustee sale auctions are held at the front of the county court houses in Maryland. Home buyers are looking for bargain prices.  Trustee sales are open to the public and all qualified bidders. These auctions of homes for sale are ordered by the secured mortgage lenders when borrowers default on their payment obligations. The indicated deposits must be in cash or certified funds. Most of the bidders use cashier's checks payable to themselves. Prospective bidders should carefully read the newspaper advertisements that appear for three weeks before the sales dates. If you do have experience … (1 comments)

foreclosures: Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Cohn, Goldberg, Deutsch - 03/07/11 06:34 AM
Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Cohn, Goldberg, Deutsch
Maryland foreclosure auctions are conducted at the county court houses 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 saleare available to all qualified bidders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  Always check for cancellations … (7 comments)

foreclosures: Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Harvey West Auctioneers - 03/07/11 06:26 AM
Montgomery County, MD Foreclosure Auctions, Trustee Sales, Homes For Sale, Harvey West Auctioneers
Harvey West Auctions, Auctioneers conducts trustee sales at the county court house entrance.
Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date.  The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. Always check for cancellations before attending trustee sales. Seek professional advice … (1 comments)

foreclosures: Montgomery County, MD - Weekly Real Estate Report And Foreclosures/Short Sales Update - 03/03/11 11:11 PM
Montgomery County, MD - Weekly Real Estate Report And Foreclosures/Short Sales Update
Home owners and prospective purchasers like to know what is happening in the local market. This report shows the impact of  lender owned foreclosures and short sale pre-foreclosures on the market. Generally speaking, the number of lender owned foreclosures (REO listings) is now too low to influence the home values in the county. It is another story with the short sale pre-foreclosures which are creating an artificial market segment that has a very negative influence in the area.
Lender Owned Homes:  151 lender owned foreclosures are included in the … (13 comments)

foreclosures: Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update - 953 REO Listings - 03/01/11 05:57 AM
Prince George's County, Maryland Weekly Real Estate Report & Foreclosures Update  
Mortgage Financing:  Prospective purchasers need to be aware of the changes that have take place and understand the current requirements for obtaining mortgage financing. All should anticipate fully documented mortgage applications that may be considered to be intrusive. Different mortgage products are offered by different lenders. Do not expect to find one stop financing. Tell us about your very specific needs and we will try to match you with an appropriate loan officer.
First Time Home Buyers:  Grants to $7,500 are still available to assist with the down payment … (9 comments)

foreclosures: Montgomery County, MD - Weekly Real Estate Report And Foreclosures/Short Sales Update - 02/28/11 03:53 AM
Montgomery County, MD - Weekly Real Estate Report And Foreclosures/Short Sales Update
Home owners and prospective purchasers like to know what is happening in the local market. This report shows the impact of  lender owned foreclosures and short sale pre-foreclosures on the market. Generally speaking, the number of lender owned foreclosures (REO listings) is now too low to influence the home values in the county. It is another story with the short sale pre-foreclosures which are creating an artificial market segment that has a very negative influence in the area.
Lender Owned Homes:  156 lender owned foreclosures are included in the … (9 comments)

foreclosures: Germantown, MD 20874 Zip Code Home Sales Statistics - Average Sold Price $241,097 - 02/17/11 06:41 AM
Germantown, MD 20874 Zip Code Home Sales Statistics - Average Sold Price $241,097
The following residential sales statistics are for the past month and are compared with the same month last year. There were 68 new listings of homes for sale and 148 homes for sale went to pending new contracts. The sold dollar volume for the zip code was down 31.52% from last year. The number of homes sold and settled was 38 from 58 last year. The average time on the market was 62 days from 66 days last year. The average sale price was 94.2% of the average … (2 comments)

 


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