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 firstname.lastname@example.org 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
|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
Living Area: 2,965 square feet