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

By
Industry Observer with Retired

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

Trustee sale auctions are held at the county court houses in Maryland.  They 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.  All of the regular listings of homes for sale in the area may be viewed on Homes Prospector at roykelley@mris.com 

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

  Life is good in Montgomery County, Maryland!

Homes For Sale, Trustee Sales, Foreclosure Auctions 

Blank spaces are cancelled sales.

Tuesday, March 15, 2011

Montgomery County

11:00 AM - 2205 Hildarose Drive, Silver Spring, 20902 Dep. $35,000. F&M

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 50 MARYLAND AVE., ROCKVILLE, MONTGOMERY CO.

Wednesday, March 16, 2011

Montgomery County

11:00 AM - 26217 Ridge Rd., #26217 (See Website for Featured Properties), Damascus, 20872 Dep. $15,000. SP

THE ABOVE AUCTION(S) TO BE HELD ON THE PREMISES.

12:16 PM

12:18 PM

12:20 PM - 9605 Mount Pisgah Rd., Silver Spring, 20903 Dep. $56,000. BU

12:22 PM

12:24 PM - 10046 Wedge Way, Montgomery Village, 20886 Dep. $26,500. BU

12:28 PM

12:30 PM - 11119 Flanagan La., Germantown, 20876 Dep. $48,500. BU

12:32 PM

12:34 PM

12:36 PM - 12126 Songbird La., Germantown, 20876 Dep. $46,000. BU

12:38 PM

12:45 PM - 19124 Stedwick Dr., Gaithersburg a/r/t/a Montgomery Village, 20886 Dep. $22,000. BGW

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 50 MARYLAND AVE., ROCKVILLE, MONTGOMERY CO.

Tuesday, March 22, 2011

Montgomery County

10:45 AM - 7248 Swansong Way, Bethesda, 20817 Dep. $14,000. CD

11:00 AM - 21307 China Aster Court, Germantown, 20876 Dep. $31,000. F&M

11:25 AM - 7543 Spring Lake Dr., Unit #C-1, Bethesda, 20817 Dep. $28,000. RA

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 50 MARYLAND AVE., ROCKVILLE, MONTGOMERY CO.

Wednesday, March 23, 2011

Montgomery County

12:18 PM - 723 Ridgemont Ave., Rockville, 20850 Dep. $43,500. BU

12:20 PM - 11508 Fenchurch Ct., Germantown, 20876 Dep. $25,000. BU

12:22 PM - 17707 Topfield Dr., Unit #D-10, Gaithersburg, 20877 Dep. $13,500. BU

12:24 PM - 13532 Hamlet Square Ct., Germantown, 20874 Dep. $31,000. BU

12:30 PM

12:32 PM - 6238 Valley Rd., Bethesda, 20817 Dep. $70,000. BU

12:34 PM - 12216 Berry St., Silver Spring, 20902 Dep. $31,000. BU

12:40 PM - 19201 Misty Meadow Terr., Germantown, 20874 Dep. $11,000. BGW

12:41 PM - 1201 East West Hwy., Unit #113, Silver Spring, 20910 Dep. $35,000. BGW

12:42 PM - 19931 Tygart La., Gaithersburg, 20879 Dep. $29,000. BGW

12:43 PM - 13611 Winterspoon La., Unit #6, Germantown, 20874 Dep. $26,000. BGW

12:45 PM - 12009 Centerhill St., Silver Spring a/r/t/a Wheaton, 20902 Dep. $24,000. BGW

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 50 MARYLAND AVE., ROCKVILLE, MONTGOMERY CO.

Thursday, March 24, 2011
No Auction Sales Scheduled.

Friday, March 25, 2011

Montgomery County

11:00 AM - 4 Luxury Townhomes & 19 Bldg. Lots in the River Quarry Subdivision, on River Quarry Pl. (See Website for Featured Properties), Bethesda, 20817 Dep. See Website for Featured Properties for deposit info.

THE ABOVE AUCTION(S) TO BE HELD ON THE PREMISES.

Posted by

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

Gaithersburg, Maryland  

Elizabeth Byrne
Keller Williams Realty - Arlington, VA
Arlington Virginia Real Estate

I'm canceling all my appointments and heading over to Maryland. See you there!

Mar 14, 2011 07:15 AM
Roy Kelley
Retired - Gaithersburg, MD

Come on over, Elizabeth. You'd love working in Montgomery County and we have the best office in the market.

The volume of trustee sales is much lower that what we have seen is past months. Some lenders have canceled foreclosure proceedings and other have deferred them while they cope with the administrative problems in the industry.

The number of active listings of lender owned foreclosues is also down in Montgomery County. Today, there are only 135 REO listings included in the total of 2,997 homes for sale in the county.

Roy and Dolores Kelley visited Longwood Gardens on Saturday, February 12, 2011 to see the Orchid Extravaganza in the Conservatory. A wonderful world class exhibit. Canon PowerShot G11 camera. Photograph by Roy Kelley.

Mar 14, 2011 07:44 AM