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Lender Owned Foreclosures For Sale - Homes For Sale In Montgomery County, MD

By
Industry Observer with Retired

Lender Owned Foreclosures For Sale - Homes For Sale In Montgomery County, MD

Home buyers and sellers are carefully watching the Suburban, Maryland real estate market to make their spring purchase and sale decisions. The number of available homes is very limited in some areas when you do not consider the pre-foreclosure short sale listings that create an artificial inventory. The following report will give you an idea of what is available is some market sectors. Contact us for specific searches in your preferred areas and price range.

There are 84 homes for sale in Montgomery County, MD that are included in the inventory of  lender owned foreclosures for sale (REO) at or BELOW $250,000.  Click on the listing number to see the full property description. Sort by column headers.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105985330-847

There are 81 active listings of homes for sale in Montgomery County and designated as  lender owned foreclosures for sale (REO) at or ABOVE $250,000.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105985441-998

What about the regular market? The following are samples of the current inventory of detached single family homes for sale in Montgomery County, MD. These reports exclude the REO and short sale inventory. Click on the listing number to see the full property description. Sort by column headers.

There are 90 active listings of detached homes for sale in Montgomery County, Maryland in the $300-350,000 price range.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105985876-214

There are 115 active listings of detached homes for sale in Montgomery County in the $350-400,000 price range.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105985655-998

There are 132 active listings of detached homes for sale in Montgomery County in the $400-450,000 price range.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105985696-325

There are  active listings of detached homes for sale in Montgomery County in the $450-500,000 price range.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105989786-492

There are 86 active listings of detached homes for sale in Montgomery County in the $500-550,000 price range.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105985740-638

There are 91 active listings of detached homes for sale in Montgomery County in the $550-600,000 price range.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105985851-569

All the active listings of homes for sale in Montgomery County, Maryland and other areas in Maryland may be viewed on Homes Prospector at www.roykelley.com

Pre-approval for mortgage financing is the first step in the home purchase process. Ask us for a referral if you do not have an existing relationship with a mortgage lender.

The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program:  http://www.federalhousingtaxcredit.com/glance.php

Please take action now if you need to purchase by the end of April to qualify for the tax credit of $8,000 for first time home buyers or $6,500 for current home owners that are purchasing another primary residence.

FHA buyers will save if they purchase before the end of this week because the front end mortgage insurance premium will be increasing from 1.75% to 2.25% for case numbers assigned after April 3.

Please contact us with your real estate questions. Your referrals of friends and family members will always be appreciated.

Posted by

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

Gaithersburg, Maryland  

Comments (3)

Roy Kelley
Retired - Gaithersburg, MD

We have a beautiful sunny day in Maryland. Dolores will be attending a luncheon and a card game at Montgomery County Club. Life is good.

Mar 08, 2017 07:17 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Friday morning to all. Have a great day and an outstanding weekend.

Apr 28, 2017 07:08 AM