A Short Sale is Usually the Best Longterm Foreclosure Alternative

Real Estate Agent with Remax Excellence - Silver Spring, MD Maryland #318884

In September of 2012, Montgomery County had just under 1,000 homes active in some part of the foreclosure process:

·         82 percent had foreclosure papers filed

·         10 percent were bank-owned properties

·         9 percent were in the process of being auctioned

This recent foreclosure activity is less than it has been in the past 3 months, but greater than it was in June and March of this year.  The highest concentration of new foreclosure properties is located in Silver Spring , while the city with the highest percentage of new foreclosure properties is Burtonsville.

It is evident in these figures that Montgomery County homeowners...Continue Reading


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John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Emcee - Thank you for sharing detailed information about a short sale is usually the best long term foreclosure alternative.

Oct 25, 2012 06:07 AM #1
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Emcee M. Arah

Realtor w/Architectural Dimension, AHWD CRS B-Arch
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