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Lender Owned Foreclosures For Sale - Homes For Sale In Prince George's County, MD

By
Industry Observer with Retired

Lender Owned Foreclosures For Sale - Homes For Sale In Prince George's County, MD    

The real estate market in Prince George's County, Maryland is flooded with a high volume of trustee sales. The secured mortgage lenders are purchasing most of the properties that are sold at the trustee sale auctions at the court house. The active listings of homes for sale in Prince George's County include 648 lender owned foreclosures for sale plus hundreds of pre-foreclosure short sale listings for sale.

There are 328 homes for sale that are priced at $150,000 and BELOW included in the inventory of lender owned foreclosures for sale in Prince George's County, Maryland. These offerings are sometimes call REO homes for sale.  Click on the listing number for full details on each property. Sort by column headings.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105997465-583

There are 324 homes for sale that are priced at $150,000 and ABOVE included in the list of lender owned foreclosures for sale in Prince George's County.  Click on the listing number for full details on each property. Sort by column headings.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105997510-219

There are 11 homes for sale and priced at $500,000 and ABOVE included in the inventory lender owned foreclosures for sale in Prince George's County.  Click on the listing number for full details on each property. Sort by column headings.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-105998071-852

Montgomery County, Maryland lender owned foreclosures and samples of the homes for sale in Montgomery County may be viewed here:

http://activerain.com/blogsview/1571746/lender-owned-foreclosures-for-sale-homes-for-sale-in-montgomery-county-md

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. Investors should also follow this advice since investor financing is still difficult for many because of the lender limits on the number of financed properties.  Please ask us for a referral to a loan officer 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.  http://www.federalhousingtaxcredit.com/glance.php

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 can save on the cost of the front end mortgage insurance if the FHA case number is assigned by the April 3 deadline.

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

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  

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 07:16 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