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Frederick County, MD Trustee Sales, Foreclosure Auctions, Homes For Sale - Alex Cooper Auctioneers

By
Industry Observer with Retired

Frederick County, MD Trustee Sales, Foreclosure Auctions, Homes For Sale - Alex Cooper Auctioneers 

Trustee sale auctions are held at the front of the county court houses in Maryland. Home buyers are looking for bargain prices.  Trustee sales are open to the public and all qualified bidders. These auctions of homes for sale are ordered by the secured mortgage lenders when borrowers default on their payment obligations. The indicated deposits must be in cash or certified funds. Most of the bidders use cashier's checks payable to themselves. Prospective bidders should carefully read the newspaper advertisements that appear for three weeks before the sales dates. If you do have experience and know the risks, seek professional advice before placing any bids on homes for sale at these real estate auctions.

Always check for cancellations since bankruptcy filings or reinstatements may stop sales.  Normally, these properties are not offered for inspection. Purchasers that plan to use mortgage financing should obtain a pre-approval letter from their mortgage lender. The lender needs to know that the property is being purchased in "as-is"condition and repairs may be required. Appraisers may not be able to access the interiors.

In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the REO inventory. We provide client reports on available REO properties. We represent home buyer clients as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. All of the regular listings of homes for sale in the area may be viewed on Homes Prospector at roykelley@mris.com  Homes Prospector uses the database of MRIS, the regional multiple listing service.

Visit www.alexcooper.com for a full schedule of the auctions scheduled by Alex Cooper Auctioneers.

 Blooming for real estate investors in Maryland

Blank spaces are cancelled sales.

Monday, July 12, 2010

Frederick County

2:00 PM - 304 S. Jefferson St. (See Website for Featrured Properties), Frederick, 21701 Dep. $15,000 Increase to 10% within 2 business days.

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., FREDERICK, FREDERICK CO.

Tuesday, July 13, 2010

Frederick County

12:45 PM - 502 Knoxville Rd., Knoxville, 21758 Dep. $27,000. CD

12:50 PM

12:51 PM

1:00 PM - 5263 Bamburg Court, Frederick, 21703 Dep. $26,000. F&M

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., FREDERICK, FREDERICK CO.

Wednesday, July 14, 2010

Frederick County

10:44 AM - 125 Norwick Ct., Frederick, 21702 Dep. $15,500. BU

11:15 AM

11:17 AM

11:18 AM

11:19 AM

11:20 AM

11:21 AM - 119 Greenwich Dr., Walkersville, 21793 Dep. $42,000. BGW

11:22 AM - 11 Terrace Ave., Brunswick, 21716 Dep. $37,000. BGW

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., FREDERICK, FREDERICK CO.

Monday, July 19, 2010

Frederick County

12:36 PM - 326 Willow Ave., Frederick, 21701 Dep. $27,000. MHS

12:37 PM - 2124 Bristol Dr., Unit #24, Frederick, 21702 Dep. $28,000. MHS

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., FREDERICK, FREDERICK CO.

Tuesday, July 20, 2010

Frederick County

1:00 PM - 105 Whitestone Way, Frederick, 21702 Dep. $21,000. F&M

1:01 PM - 7030 Hames Court, Frederick, 21703 Dep. $24,000. F&M

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., FREDERICK, FREDERICK CO.

Wednesday, July 21, 2010

Frederick County

10:44 AM - 222 Shannonbrook La., Frederick, 21702 Dep. $32,000. BU

10:46 AM - 99 Blueridge Ct., Frederick, 21703 Dep. $10,000. BU

11:26 AM - 7034 Hames Ct., Frederick, 21703 Dep. $13,000. BGW

11:27 AM - 215 Deervalley Dr., Frederick, 21702 Dep. $18,000. BGW

11:28 AM - 8114 Arrowhead Ct., Frederick, 21702 Dep. $23,000. BGW

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 100 W. PATRICK ST., FREDERICK, FREDERICK CO.

  

Posted by

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

Gaithersburg, Maryland