Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 02/09/12

By
Real Estate Sales Representative with RE/MAX Realty Group

Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 02/09/12

 

The Montgomery County Distressed Market

Please Note:  Under the Governor’s proposed Budget Reconciliation and Financing Act of 2012 (BRFA, HB 87/SB 152), Maryland would be the first state to scale back the most important tax benefit that homeowners receive, the mortgage interest deduction – this is NOT an honor MARYLANDERS want!  URGE your legislators to OPPOSE the Governor’s BRFA Bill.

Of the 2328 homes currently available for sale in Montgomery County, 52(2.2%) are  foreclosures while 441 (18.9%) are potential short sales.  The number of available foreclosures now available in Montgomery County is the lowest in some time.  Short sales continue to be an active segment for buyers, especially for those who can allow the lender(s) sufficient time to complete the process, usually 3-6 months.   To search all available listings, please click here.

Interested in daily updates? Ask me about a Listingbook account and create your own custom search and receive new listings daily as they become available.

 Foreclosures:

There are 22 lender owned foreclosures (REO) for sale at or BELOW $250,000.  Click on the listing number to see the full property description. Sort by column headers.

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XBN8H&p=DE-158921324-616 

There are 21 lender owned foreclosures (REO) for sale between $250,000 and $500,000.

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XBN8H&p=DE-158921334-338 

There are 9 lender owned foreclosures (REO) for sale at or Above $500,000.

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XBN8H&p=DE-158921344-486 

Short Sale Pre-foreclosures:

There are 201 short sale listings at and below $250,000.

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XBN8H&p=DE-158921564-337 

There are 194 short sale listings for sale between $250,000 and $500,000.

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XBN8H&p=DE-158921578-667 

There are 54 short sale listings for sale at or above $500,000

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XBN8H&p=DE-158921542-834

Have you visited my real estate page on Facebook? Please click here today and show me your support by “Liking” the page and feel free to share it with your friends and family.

Your referrals of friends, family members and colleagues will always be appreciated.  My business is referral based and I like it that way! I represent buyers and sellers as their exclusive agent in residential transactions, whether a regular resale or distressed property.  

Your Real Estate Professional,

Craig Rosenfeld

Licensed in Maryland and Virginia.

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