Prince George's County, MD Lender Owned Foreclosures, REO

Prince George's County, MD Lender Owned Foreclosures, REO  

Housing Inventory:  The real estate market in Prince George's County is experiencing a very high volume of homes for sale in trustee auctions. The newspapers are adding additional sections to have space for the legal notices. The secured mortgage lenders are purchasing most of the properties that are sold at the trustee sale auctions at the court house. Many view the trustee sales as a preview of the listings of lender owned homes for sale at a future date.  

 Blooming for Maryland home buyers.

The active listings of homes for sale in Prince George's County include 773 lender owned foreclosures for sale plus hundreds of pre-foreclosure short sale listings for sale.

There are 412 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, MD.  These offerings are sometimes call REO homes for sale.  Click on the listing number for full details on each property.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-124717538-932

There are 361 homes for sale that are priced at $150,000 and ABOVE included in the inventory of lender owned foreclosures for sale in Prince George's County. These offerings are sometimes call REO homes for sale.  Click on the listing number for full details on each property.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-124717736-574

With the large number of available lender owned foreclosures, you may find it difficult to identify the properties that may best meet your needs. Please ask us for any assistance you may need.

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.

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

Visit www.roykelley.net to view scheduled trustee sale an our real estate blogs on ActiveRain.

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