maryland foreclosures buyers market for reo 16601 raven rock dr: MARYLAND FORECLOSURES - BUYER'S MARKET FOR REO - 16601 RAVEN ROCK DR, GAITHERSBURG, MD 20878 - 08/10/08 08:14 AM
 REO - QUINCE ORCHARD MANOR, GAITHERSBURG, MARYLAND
This is a good month to make offers on lender owned foreclosures in Montgomery County.  The REO inventory is at a record high level and the lenders are highly motivated sellers. They must keep reducing the prices until the homes are sold.
Many buyers are using FHA financing for the low cash requirement. Recent changes by the White House have made FHA even more attractive for use when purchasing a lender owned foreclosure.  Ask us for the name of a loan officer if you have not already obtained the needed pre-qualification letter.  A … (0 comments)

 


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