REO BARGAIN - MONARCH RIDGE, FREDERICK, MARYLAND
August home buyers are watching the inventory of lender owned homes for summertime bargains. The lenders have an excess inventory of owned properties and are reducing the prices until the homes are sold. This Winchester Homes property was purchased at the end of 2004 for $405,000. The lender is offering it for immediate sale for $326,900.
Prospective buyers need to be pre-approved for financing by a loan officer with Countrywide Home Loans since they require a letter to be submitted with any offer. Ask us for a referral to a loan officer. Many buyers are using FHA financing for the low cash requirement.
We provide client reports on lender owned homes in Frederick County and Montgomery County, Maryland. roykelley@mris.com
| 711 MONARCH RIDGE RD, FREDERICK, MD 21703 | |||
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MONARCH RIDGE - 4 BEDROOMS/3.5 BATHS - $326,900 |
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| Tax Year 2007 PUBLIC RECORDS DATA PROVIDED BY MRIS |
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| TOTAL TAX BILL: $6,715 | City Tax: 2437.13 | Tax Levy Year: 2007 | |||||||||||||||||||||||
| State/County Tax: $3,812 | Refuse: | Tax Rate: 1.05 | |||||||||||||||||||||||
| Special Tax: $466 | Homestd/Exempt Status: | Exempt Class: 000 | |||||||||||||||||||||||
| Front Foot Fee: | Tax Class: | Mult Class: | |||||||||||||||||||||||
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