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Gaithersburg, MD Trustee Sales - Harvey West Auctioneers

By
Industry Observer with Retired

Gaithersburg, MD Trustee Sales - Harvey West Auctioneers

Harvey West, 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 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 to the lender that the property is being purchased in 'as-is" condition. Normally, the properties are not offered for inspection.

The secured mortgage lenders are buying in most of the properties that are sold at the court house auctions. The lenders then offer the homes for sale to the public when they become part of the REO inventory. Contact us for client reports on lender owned homes that are available for purchase. 

Harvey West, Auctioneers complete trustee sale schedule:  http://www.hwestauctions.com

Tuesday, March 3rd, 2010
Sale Time Deposit Address City Location Ad Start
10:48 AM $12.6K 965 HILLSIDE LAKE TER CONDO UN
IT: 804
GAITHERSBURG MONT CHS 02/12/2010

Wednesday, March 10th, 2010
Sale Time Deposit Address City Location Ad Start
10:48 AM $25K 116 ROLLING RD GAITHERSBURG MONT CHS 02/19/2010
11:42 AM $20K 18600 CROSS COUNTRY LA GAITHERSBURG MONT CHS 02/19/2010
11:48 AM $25K 9740 ATHLETIC WAY GAITHERSBURG MONT CHS 02/19/2010
12:31 PM $17.7K 402 GIRARD ST CONDO UNIT: 3 GAITHERSBURG MONT CHS 02/22/2010
12:31 PM $25K 7800 BRINK ROAD GAITHERSBURG MONT CHS 02/22/2010

Wednesday, March 17th, 2010
Sale Time Deposit Address City Location Ad Start
10:32 AM $25K 110 RAWLINGS RD GAITHERSBURG MONT CHS 02/26/2010

Posted by

Roy Kelley, Retired, Former Associate Broker, RE/MAX Realty Group

Gaithersburg, Maryland