Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 03/29/12

By
Real Estate Sales Representative with RE/MAX Realty Group

Montgomery County, Maryland Foreclosures & Short Sales Update Rev. 03/29/12

 

The Montgomery County Distressed Market

 

I hope you enjoy receiving this weekly update. Please let me know how I may improve it to better serve you. If you have a friend, colleague of neighbor that is considering a move, please consider referring them to me. Your personal referrals are greatly appreciated and allow me to provide the service I enjoy.

 

The market is opportunistic and provides opportunities build an investment portfolio of real estate and/or acquire a new primary residence. Investor financing is available in the mid 4% range with a 20% DP. Additionally, investors can seek construction rehab loans based on the rehab properties future value. Second trust loans are available on primary residences affording 95% financing and allowing buyers to avoid the pending increase in the FHA rates.

 

Of the 2551 homes currently available for sale in Montgomery County, 40(1.57%) are foreclosures while 314 (12.3%) are potential short sales.

 

 

Foreclosures:

 

There are 18 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-163081640-99

 

There are 17 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-163083172-718

 

There are 5 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-163081858-99

 

Short Sale Pre-foreclosures:

 

There are 135 short sale listings below $250,000.

 

Click the following URL to see the listings:

http://mrislistings.mris.com/DE.asp?k=2133467XBN8H&p=DE-163081489-357

 

There are 139 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-163081412-856

 

There are 40 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-163081263-457

 

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.

 

Follow me on Facebook 

 

Click here for my Active Rain Localisms Blog

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Location:
Maryland Montgomery County
Tags:
montgomery county distressed properties
short sales
reo
foreclosures
buyers
selling
listings
roy kelley

Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
27,942

Craig Rosenfeld

Ask me a question
*
*
*
*