Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 02/16/12

By
Real Estate Sales Representative with RE/MAX Realty Group

Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 02/16/12

 

The Montgomery County Distressed Market

 

If you or someone you know are planning on buying using a FHA loan, please note that the new budget calls for an increase in the upfront FHA funding fee. This increase will range between .25- .50% depending upon the purchase price. We don’t have an effective date yet but it’s likely these changes will take affect in the Spring. On a 200K purchase, this would mean an additional $500 in closing expenses. Now is the time to buy before the increased rates take effect.


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.

 

Of the 2360 homes currently available for sale in Montgomery County, 49(2.1%) are  foreclosures while 439 (18.6%) are potential short sales.

  

 

Foreclosures

 

There are 21 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-159441618-17

 

There are 20 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-159441556-739

 

There are 8 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-159441414-792

 

Short Sale Pre-foreclosures

 

There are 209 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-159441295-338

 

There are 184 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-159441313-767

 

There are 56 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-159441329-767

 

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.

Remax Realty Group

Residential Specialist

crosenfeld@remax.net
www.craigrosenfeld.com
301-921-4519 (Direct)
301-529-0053 (cell)
888-247-5335(Toll Free)
301-258-7757(Office)

 

 

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distressed properties
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