Washington County, MD Foreclosures & Short Sales Update Rev. 8/16/11

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Real Estate Agent with Realty Group Referrals 16766

Washington County, MD Foreclosures & Short Sales Update Rev. 8/16/11

There are 868 homes for sale in Washington County, MD.  36 (4%) of the active listings are lender owned foreclosures and 122 (14%) are short sale pre-foreclosure offerings.
 
Loan Limit Reduction:  The "temporary" mortgage loan limits that are now in place will expire on September 30, 2011.  All loans using the temporary limits must settle on or before September 30th.  
 
RE/MAX Realty Group Preferred Lender:  Joe Salisbury at Presidential Bank Mortgage, joe@presidential.com, 301-590-8911 x 209 is the Preferred Lender for our office.
 
Lender Owned Homes:   
 
 
Short Sale Pre-foreclosures:   
 
 
Washington County, Maryland Real Estate Market Statistics:  During July, 2011, there were 100 closed sales and the average sold price was $145,787, down 14.56% from last year, with an average of 150 days on the market. The median sold price was $130,450, down 15.84% from last year.  The average sold price was 85.36% of the average original list price.   
 
The real estate statistics for the past month may be viewed by clicking on the following link.   http://www.rbintel.com/statistics/washington-county-md  The statistics are updated on the tenth of the following month.  

Free Credit Report:  You have the right to get a FREE COPY of your credit file disclosure, commonly called a credit report, once every 12 months, from each of the nationwide consumer credit reporting companies – EQUIFAX, EXPERIAN and TRANSUNION. For instant access to your FREE CREDIT REPORT, visit www.annualcreditreport.com or call 877-322-8228.

Home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. The same advice applies to investors. Those without a pre-approval are not considered to be serious purchasers. Please ask for a referral if you do not have an existing relationship with a mortgage lender.t

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

 Blooming for Maryland home buyers.

Posted by

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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Maryland Washington County
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Rainer
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Carl Winters
Canyon Lake, TX

Roy: I'm sure folks appreciate all the updates that you supply. They best get busy to beat the September 30th deadline.

Aug 16, 2011 01:09 PM #1
Rainmaker
5,425,061
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Good morning, Ceil.  It is always good to hear from you. I hope you are having an outstanding week.

Blooming in Kentlands.  Photograph by Roy Kelley.

Aug 16, 2011 11:37 PM #2
Rainmaker
5,425,061
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

It is sometimes good to revisit old blogs and reblogs. We might even find some good ideas for new posts.

Mar 14, 2018 07:46 AM #3
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Rainmaker
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Roy Kelley

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