MARYLAND FORECLOSURES - FREDERICK COUNTY REO - 3801 MISTY HOLLOW RD, POINT OF ROCKS, MD 21777

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Real Estate Agent with Realty Group Referrals 16766

POINT OF ROCKS REO

Frederick County, Maryland home buyers are seeking summertime bargains on very nice homes. Where do they look?  The surplus inventory of lender owned foreclosures is the location of real estate deals to be made. The mortgage lenders are buying most of the homes that are sold at the trustee sales at the court house. Then, the lenders offer the homes for sale when they become part of the REO inventory. These are highly motivated sellers with great financial pressure to sell the inventory. Prices are reduced until the homes are under contract. Please contact Roy Kelley roykelley@mris.com for a current list of available REO homes in Frederick County or Montgomery County. 

Many families are using FHA financing for the low cash requirement and the ability to ask sellers for closing costs assistance. Recent action by the White House has made FHA more attractive financing to use when purchasing lender owned foreclosues. Prospective buyers need to have a pre-approval letter in hand when submitting offers.  Ask us for a referral to a lender.

This home was purchased by the previous owner from Ausherman Homes in the summer of 2006 for $525,275.  The lender has it for sale at $374,900.  It is a good time to submit an offer. We represent buyer clients as their exclusive agents.

 

3801 MISTY HOLLOW RD, POINT OF ROCKS, MD 21777    

CANAL RUN - 4 BEDROOMS/2.5 BATHS - $374,900
 
Photo

Tax Year  2007  PUBLIC RECORD DATA

 
TOTAL TAX BILL:  $4,598  City Tax:  Tax Levy Year:  2007  
State/County Tax:  $4,272  Refuse:  Tax Rate:  1.05  
Special Tax:  $326 Homestd/Exempt Status:    Exempt Class:  000  
Front Foot Fee:  Tax Class:    Mult Class:  


Monthly HOA:  $32

ASSESSMENT        

         
Year Assessed 
Total Tax Value 
Land 
Improvement 
Land Use 
 
2008 $446,012 $133,070 $351,290

Living Area:  2,965 square feet

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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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Realty Group Referrals - Gaithersburg, MD

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

May 24, 2018 01:40 PM #1
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