Homes For Sale For $150,000 Or Less In Montgomery County, MD - Active Listings, Short Sales, REO Listings Of Lender Owned Foreclosures

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Real Estate Agent with Realty Group Referrals 16766

Homes For Sale For $150,000 Or Less In Montgomery County, MD - Active Listings, Short Sales, REO Listings Of Lender Owned Foreclosures  

Investor Alert   What's for sale for $150,000 or less?  

This is a question that is being asked by real estate investors as they seek to build their rental portfolios. Many are pleased to find that there is a pretty good selection of Montgomery County, Maryland homes for sale at or BELOW the $150,000 price level.  

This is what is available today:  

If you exclude the short sales and lender owned foreclosures, there are 132 active homes for sale in Montgomery County for $150,000 or BELOW. Investors try to identify the highly motivated sellers. Another condition that favors investors is the current difficulty that home buyers are finding with FHA financing on condos. The lack of FHA condo financing is depressing prices and cash investors are taking advantage of the opportunities.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-106094655-179  

For those that are working in the short sale market, there are 75 available listings of short sale homes for sale in Montgomery County for $150,000 and BELOW. Short sale transactions must be approved by the secured mortgage lenders and most do not reach settlement because of the lack of approvals. Some investors are submitting contracts on multiple properties hoping that a couple will be approved. Contracts should be carefully worded to disclose this strategy to the sellers.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-106094682-648  

The most productive sector is the inventory of lender owned foreclosures. There are 35 REO listings of homes for sale in Montgomery County for $150,000 and BELOW. Cash investors that have no contract conditions have a definite advantage with the asset managers.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-106094701-571  

Cash investors should have a letter in hand from their bank stating that funds are available for the cash purchase of real estate. Investors that plan to use mortgage financing need to have a pre-approval letter for investor financing from their mortgage lender. Those without written documentation are not taken seriously. Many mortgage lenders are restricting the number of outstanding loans that may be held by real estate investors, regardless of financial strength.  

Please contact us with your specific requirements and we will provide information on homes for sale in Montgomery County in your price range or preferred locations. All of the active listings of homes for sale in Frederick County and other areas in Maryland may be viewed on Homes Prospector at www.roykelley.com

Use the following link to see the same report on Homes For Sale For $150,000 Or Less In Frederick County, MD - Active Listings, Short Sales, REO Listings Of Lender Owned Foreclosures  

http://activerain.com/blogsview/1573795/homes-for-sale-for-150-000-or-less-in-frederick-county-md-active-listings-short-sales-reo-listings-of-lender-owned-foreclosures-

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Roy and Dolores Kelley Photographs

Roy Kelley and Associates

 

Roy Kelley, Associate Broker

Realty Group Referrals (Retired from RE/MAX Realty Group)

6 Montgomery Village Ave., Suite 200

Gaithersburg, MD 20879

Main Office:  301-258-7757 (You will not reach me at this number)

Send an email message if you need my phone numbers. I will be happy to recommend a real estate professional if you are moving to the area.

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Topic:
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Maryland Montgomery County
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active listings
homes for sale for 150
reo listings of lender owned foreclosures
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Ambassador
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Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional
Charles Rutenberg Realty - Clearwater, FL
Palm Harbor, Dunedin, Clearwater, Safety Harbor

I am always amazed when I find listings that are under $150,000!

Mar 30, 2010 07:45 AM #1
Rainmaker
1,362,696
Cheryl Ritchie
RE/MAX Leading Edge www.GoldenResults.com - Huntingtown, MD
Southern Maryland 301-980-7566

This is a really good idea for a post. Gonna take off with this idea on Southern Maryland!

Mar 31, 2010 03:10 PM #2
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have another fine day in Maryland. Have a great day and an outstanding week!

Mar 20, 2016 04:10 AM #3
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have a beautiful sunny day in Maryland. However, another freeze warning is posted for tonight.

Apr 05, 2016 12:37 AM #4
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We had a beautiful morning in Maryland and I took a long photowalk through Kentlands and Lakelands. 

Have an outstanding weekend!

May 14, 2016 04:08 AM #5
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have another beautiful day in Maryland and life is good.

Have a great Friday and an outstanding weekend!

Jun 09, 2016 11:22 PM #6
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

We have a lovely summer Saturday in Maryland. I began the day with a long walk through our community.

Aug 27, 2016 03:42 AM #7
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good Tuesday morning to all. Have an outstanding week and a most productive month.

Nov 14, 2016 10:04 PM #8
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - 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 07:11 AM #9
Rainmaker
5,347,759
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

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

Apr 28, 2017 07:18 AM #10
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Rainmaker
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Roy Kelley

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