FREDERICK COUNTY, MARYLAND - LENDER OWNED FORECLOSURES REO REPORT FROM ROY KELLEY & ASSOCIATES

FREDERICK COUNTY, MARYLAND - LENDER OWNED FORECLOSURES   

REO REPORT FROM ROY KELLEY & ASSOCIATES    

(Rev. 1/29/2009  Contact us for further price reductions.)  

REO properties are foreclosed homes that are now owned by lenders.  We represent purchaser clients as their exclusive  agents. The disclosures that are required for home buyers in Maryland will be provided when you meet with us.  Buyers must have pre-approval letters for mortgage financing.    

The following are available REO homes. Prices are reduced until they are sold.  All of this information is subject to change or error.  We will update the details on the properties before showing them to you. Full details on each property and pictures are available by email.    

REO:  1553 Andover Lane E, Stonegate Farms, Frederick 21702 5 BR/3.5 BA $214,900 SF REDUCED FROM $234,325

Fremont Investment:  811 Apache Ct., Monocacy Crossing, Frederick 21701 4 BR/2.5 BA $299,900 SF REDUCED FROM $374,900

Wells Fargo Bank:  1333 Appletree Ct., Hillcrest, Frederick 21703 3 BR/1 FB/2 HB $159,900 SF

REO:  1194 Avondale Ct., Willowcrest, Frederick 21702 3 BR/1 BA $159,900 SF REDUCED FROM $195,900

Select Portfolio Servicing:  6020 Bartonsville Rd., Frederick 21704 4 BR/3 BA $277,800 SF

Ocwen Loan Servicing:  504 Beebe Ct., Hillcrest Orchards, Frederick 21703 3 BR/2 BA $107,900 TH

Countrywide:  6424 Bellevue Pl., Spring Ridge, Frederick 21701 5 BR/3.5 BA $429,900 SF

REO:  1603 Berry Rose Ct. #2E, Monocacy Overlook, Frederick 21701 2 BR/2 BA $139,900 Condo REDUCED FROM $169,900

REO:  9503 Bethel Rd., Frederick 21702 3 BR/1 BA $189,900 SF

REO:  574 Binford Ct. E, Hillcrest Orchards, Frederick 21703 4 BR/2.5 BA $289,000 SF REDUCED FROM $305,395

Fannie Mae:  245 Bishops Glen Dr., Coventry, Frederick 21702 5 BR/3.5 BA $309,900 SF REDUCED FROM $419,900

Countrywide:  6705 Black Duck Ct., Robin Meadows, Frederick 21703 3 BR/1.5 BA $174,900 TH REDUCED FROM $209,900

REO:  8205 Blue Heron Dr. E #3B, Waterside, Frederick 21701 2 BR/2 BA $164,900 Condo REDUCED FROM $182,568  

REO:  310 Boxford Ct., Stonegate Farms, Frederick 21702 4 BR/2 BA $179,900 SF REDUCED FROM $213,000  

REO:  7081 Bradshaw Ct. W, Foxcroft, Frederick 21703 3 BR/2.5 BA $189,900 Gar TH REDUCED FROM $219,000  

REO:  2135 Bristol Dr. #2, Old Farm Station, Frederick 21702 3 BR/2.5 BA $182,500 TH REDUCED FROM $198,000  

REO:  3321 Brockton Dr., Copperfield, Jefferson 21755 4 BR/2.5 BA $314,900 SF REDUCED FROM $379,900

Fannie Mae:  2020 Burnside Dr., Willow Brook, Frederick 21702 4 BR/2.5 BA $279,900 SF REDUCED FROM $369,900  

REO:  2012 Butterfield Overlook, Tuscarora Creek Pond, Frederick 21702 4 BR/3.5 BA $382,848 SF

REO:  5712 Butterfly Ln., Frederick 21703 2 BR/1 BA $138,900 SF

REO:  2646 Cameron Way, Tuscarora Knolls, Frederick 21701 4 BR/3.5 BA $199,900 TH REDUCED FROM $219,900  

Countrywide:  120 Capricorn Rd., Sun Meadow, Walkersville 21793 4 BR/3.5 BA $424,900 SF REDUCED FROM $431,900

Fannie Mae:  11007 Carriage Ln., Frederick 21701 4 BR/2 BA $299,900 SF REDUCED FROM $322,000  

Countrywide:  3818 Carriage Hill Dr, Villages of Urbana, Frederick 21704 4 BR/2.5 BA $418,900 SF REDUCED FROM $424,900  

REO:  454 Carrollton Dr.,Frederick City, Frederick 21701 3 BR/1 BA $149,000 SF

Fremont Investment:  6539 Carston Ct., Wellington Trace, Frederick 21703 4 BR/3.5 BA $254,900 TH REDUCED FROM $289,900

REO:  2181 Cheltenham Ct., Old Farm Station, Frederick 21702 4 BR/2.5 BA $239,900 SF REDUCED FROM $289,900  

REO:  2506 Coach House Way E #2D, Echo Glen, Frederick 21702 2 BR/1 BA $164,900 TH Condo

Wells Fargo:  1653 Colonial Way, Carroll Park Manor, Frederick 21702 3 BR/2 BA $125,000 TH REDUCED FROM $174,900

Countrywide:  5 Colliery Dr., Gateway, Thurmont 21788 3 BR/2.5 BA $240,900 SF REDUCED FROM $275,900

Wells Fargo Bank:  2151 Collingwood Ln., Old Farm Station, Frederick 21702 3 BR/2 BA $189,900 SF REDUCED FROM $199,900

Beneficial Mortgage:  7117 Collinsworth Pl., Stonebridge, Frederick 21703 3 BR/3.5 BA $259,900 Gar TH

Countrywide:  11084 Cook Brothers Rd., Big Oak, Ijamsville 21754 4 BR/3.5 BA $514,900 SF REDUCED FROM $542,900

Fannie Mae:  10172 Crestview Dr., Crestview Estates, Frederick 21702 3 BR/1.5 BA $259,900 SF

Chase Home Finance:  12 Davis Ave., Frederick City, Frederick 21701 2 BR/1 BA $139,900 SF REDUCED FROM $169,900

REO:  1718 Dearbought Dr. E, Monocacy Landing, Frederick 21701 4 BR/2.5 BA $319,900 SF REDUCED FROM $339,900

U.S. Bank:  5645 Denfield Pl., Green Hill Manor, Adamstown 21710 5 BR/3.5 BA $399,500 SF REDUCED FROM $442,900

REO:  5634 Denton Ct., Ballenger Creek Meadows, Frederick 21703 3 BR/2.5 BA $189,900 TH REDUCED FROM $199,900  

REO:  1731 Derrs Square E, Monocacy Landing I, Frederick 21701 3 BR/2.5 BA $210,000 TH REDUCED FROM $231,750  

Fannie Mae:  8507 Discovery Blvd., Discovery, Walkersville 21793 4 BR/2.5 BA $272,500 SF REDUCED FROM $305,900

REO:  1461 Dockside Ct., Fredericktowne Village, Frederick 21701 2 BR/2 BA $175,900 TH REDUCED FROM $199,900

REO:  5593 Dover Ct., Windsor Estates, Frederick 21703 3 BR/1.5 BA $232,000 SF REDUCED FROM $242,000

REO:  5223 Earles Ct., Kingsbrook, Frederick 21703 3 BR/2 FB/2 HB $202,500 TH

REO:  5267 Earles Ct., Kingsbrook, Frederick 21703 3 BR/2 FB/2.5 BA $207,400 TH

Select Portfolio Servicing:  6908 Edgemont Rd., Edgemont Overlook, Frederick 21702 4 BR/1 BA $164,900 SF REDUCED FROM $246,000

REO:  572 Eisenhower Dr., Overlook, Frederick 21703 3 BR/2.5 BA $206,900 TH

REO:  2564 Emerson Dr. E, Whittier Pond, Frederick 21702 3 BR/3.5 BA $247,200 TH

REO:  8842 Eureka Ln., Discovery, Walkersville 21793 3 BR/1.5 BA $150,000 TH

Countrywide:  1935 Fieldstone Way, North Crossing, Frederick 21702 3 BR/2 FB/2 HB $184,900 Gar TH

Freddie Mac:  12613 Fingerboard Rd. E, Monrovia 21770 3 BR/2 BA $249,900 SF 1.55 Acres REDUCED FROM $274,500

Freddie Mac:  8419 Foresight Ln., Discovery, Walkersville 21793 3 BR/1.5 BA $124,000 TH REDUCED FROM $132,000

Fannie Mae:  77 George Thomas Dr., Willow Brook, Frederick 21702 4 BR/3.5 BA $331,500 SF REDUCED FROM $392,900

Ocwen Loan Servicing:  511 Goldspire Cir., Overlook, Frederick 21703 3 BR/2 FB/2 HB $171,000 TH REDUCED FROM $180,000

REO:  528 Grant Pl., Frederick 21702 5 BR/2 BA $159,900 SF REDUCED FROM $229,900

REO:  1828 Greenleese Dr., Monocacy Landing I, Frederick 21701 5 BR/3.5 BA $259,900 SF

REO:  9626 Hall Rd., Frederick 21701 4 BR/2 BA $209,900 SF Built in 1900

Hagerstown Trust Co.:  14017 Harrisville Rd., Williams Beginning, Mount Airy 21771 3 BR/2 BA $386,650 SF REDUCED FROM $407,000

Countrywide:  9988 Harvest Dr., Crestview Estates, Frederick 21702 4 BR/2 BA $203,900 SF REDUCED FROM $216,900

Fannie Mae:  133 Heathfield Dr., Mill Crossing, Frederick 21702 3 BR/2.5 BA $168,500 TH REDUCED FROM $185,000

REO:  10601 High Beach Ct., Pinehurst, New Market 21774 3 BR/2 BA $209,900 SF REDUCED FROM $244,900

REO:  3918 Highland Ave. E, Turkey Hill Estates, Myersville 21773 4 BR/2.5 BA $323,200 SF

REO:  15 Horizon Dr. E, Hill Crest Orchards, Frederick 21703 4 BR/3.5 BA $149,900 TH REDUCED FROM $172,500

REO:  909 Horizon Rd., Mount Airy Estates, Mount Airy 21771 3 BR/3 BA $269,900 SF REDUCED FROM $295,000

GMAC:  624 Huntover Ln., Emerald Farm, Frederick 21703 4 BR/3.5 BA $254,900 SF

REO:  8485 Inspiration Ave., Discovery, Walkersville 21793 4 BR/3 BA $248,500 SF REDUCED FROM $275,000

Countrywide:  8487 Inspiration Ave., Discovery, Walkersville 21793 5 BR/3 BA $239,900 SF REDUCED FROM $279,900

REO:  7205 Jasper Ct., Fountaindale South, Middletown 21769 3 BR/2.5 BA $234,900 SF REDUCED FROM $270,000  

Central Mortgage:  127 Jefferson St., Frederick 21701 2 BR/2 BA $115,000 Duplex REDUCED FROM $149,900

LaSalle Bank:  1610 Jennings Ct., Carroll Park Manor, Frederick 21702 4 BR/2 BA $145,000 TH REDUCED FROM $149,900  

REO:  146 Lauren Ct., Hillcrest Orchards, Frederick 21703 2 BR/2.5 BA $107,200 TH  

REO:  8817 Lew Wallace Rd., Villages of Urbana, Frederick 21704 4 BR/3.5 BA $284,900 Gar TH REDUCED FROM $359,900  

Fannie Mae:  114 Long Acre Ct., Taskers Chance, Frederick 21702 3 BR/2.5 BA $249,900 Gar TH REDUCED FROM $276,000

Countrywide:  263 Longford Dr., Stonegate Farms, Frederick 21702 4 BR/2 BA $195,900 SF REDUCED FROM $221,900

REO:  210 Main St., Myersville 21773 3 BR/1 BA $109,900 SF Built in 1900

Countrywide:  6231 Manor Woods Rd., Frederick 21703 3 BR/1.5 BA $164,900 SF REDUCED FROM $224,900

Countrywide:  402 Megan Ct., Croghan Square, Frederick 21701 4 BR/2.5 BA $159,900 TH REDUCED FROM $209,900

REO:  5802 Mercantile Dr. W, Hannover, Frederick 21703 3 BR/2.5 BA $225,000 TH

REO:  5825 Mercantile Dr. W, Hannover, Frederick 21703 4 BR/2 FB/2 HB $230,900 TH REDUCED FROM $244,900

Countrywide:  602 Military Rd., College Estates, Frederick 21702 4 BR/1 BA $169,900 SF REDUCED FROM $209,900

REO:  6212 Mountaindale Rd. E, Frederick 21702 2 BR/1.5 BA $164,900 SF Log Home REDUCED FROM $186,900

Wells Fargo Bank:  6583 Nyasa Bend, Coldstream, Mount Airy 21771 4 BR/2.5 BA $269,888 SF REDUCED FROM $279,900

Homecomings Financial:  8110 Old Kiln Rd., Thurmont 21788 5 BR/3.5 BA $340,000 SF Farm with two rental units, stream, pond. REDUCED FROM $450,000

REO:  1720 Old National Pike, Middletown 21769 4 BR/2 BA $242,900 SF Built in 1900 REDUCED FROM $269,000

REO:  8037 Old Receiver Rd., Bateman, Frederick 21702 4 BR/2.5 BA $379,900 SF

WM Specialty Mortgage:  1338 Orchard Way, Hillcrest Orchards, Frederick 21703 3 BR/2.5 BA $154,500 SF REDUCED FROM $219,900

Fannie Mae:  12189 Overlook Dr., Sugar Loaf Overlook, Monrovia 21770 3 BR/2 BA $259,900 SF REDUCED FROM $270,000

REO:  1006 Peach Orchard Ln., Brunswick Heights, Brunswick 21716 3 BR/1.5 BA $137,900 TH

REO:  23 Pendleton Ct., Frederick Heights, Frederick 21703 3 BR/1 BA $132,900 TH REDUCED FROM $155,000

REO:  1004 Petworth Way, Mill Crossing, Frederick 21702 3 BR/2.5 BA $169,900 TH

Novastar Mortgage:  1311 Pinewood Dr., Frederick 21701 3 BR/1 BA $124,900 SF REDUCED FROM $164,800

REO:  4993 Pintail Ct., Robin Meadows Cluster, Frederick 21703 3 BR/2.5 BA $225,000 TH REDUCED FROM $229,900

Countrywide:  92 Pleasanton Ct., Willow Brook, Frederick 21702 5 BR/3.5 BA $324,900 SF  

REO:  99 Pleasanton Ct., Willow Brook, Frederick 21702 4 BR/2.5 BA $330,000 SF  

National City Bank:  12101 Pleasant Walk Rd., Myersville 21703 2 BR/1 BA $142,000 SF 2 Acres REDUCED FROM $161,000  

Fannie Mae:  180 Poinsett Ln., Stonegate Farms, Frederick 21702 3 BR/2 BA $134,900 SF REDUCED FROM $225,900  

Countrywide:  121 Polaris Dr., Sun Meadow, Walkersville 21793 5 BR/2 FB/2 HB $403,900 SF REDUCED FROM $463,818    

Deutsche Bank:  10825 Powell Rd., Thurmont 21788 4 BR/3 BA $308,900 SF REDUCED FROM $560,000  

REO:  527 Primus Ct. E, Prospect View, Frederick 21703 3 BR/3 BA $243,500 Gar TH  

GMAC:  1116 Providence Ct., Frederick Heights, Frederick 21703 3 BR/1.5 BA $109,900 TH REDUCED FROM $149,900  

REO:  1127 Providence Ct., Frederick Heights, Frederick 21703 3 BR/1.5 BA $99,900 TH REDUCED FROM $139,900  

REO:  10314 Putman Rd., Frederick 21702 4 BR/2.5 BA $280,000 SF  

REO:  104 Quail's Nest Way, Taskers Chance, Frederick 21702 3 BR/2.5 BA $200,000 TH REDUCED FROM $219,900  

Fannie Mae:  1535 Rambling Way S, Main, Frederick 21701 3 BR/2.5 BA $209,900 TH REDUCED FROM $225,000  

REO:  6244 Ranier Dr., Stuart Mechanic, Frederick 21703 5 BR/2 BA $244,900 SF REDUCED FROM $259,900

U.S. Bank:  9310 Reichs Ford Rd., Glass Works Farm, Ijamsville 21754 4 BR/3.5 BA $423,900 SF REDUCED FROM $493,350

Select Portfolio Servicing:  11849 Renner Rd., Keymar 21757 3 BR/2 BA $157,500 SF REDUCED FROM $174,900  

REO:  2500 Shelley Cir. #1-1D, Ridgeview, Whittier, Frederick 21702 2 BR/2 BA $189,900 Condo REDUCED FROM $199,900  

REO:  5301 A Shookstown Rd. E, Frederick 21702 2 BR/2 BA $154,900 SF REDUCED FROM $194,900  

Fannie Mae:  7100 Silver Cir., Fountaindale South, Middletown 21769 6 BR/3.5 BA $344,500 SF REDUCED FROM $385,900  

REO:  5666 Singletree Dr., Farmbrook, Frederick 21703 4 BR/2 BA $220,500 SF  

GMAC:  403 A South St., Downtown, Frederick 21701 2 BR/1 BA $96,900 Row Built in 1860 REDUCED FROM $119,900    

REO:  6601 Spokeshave Ct., Farmbrook, Frederick 21703 3 BR/2.5 BA $179,900 TH REDUCED FROM $202,900

Option One:  3719 Sprigg St. N, Villages of Urbana, Frederick 21704 4 BR/2 FB/2 HB $429,900 SF REDUCED FROM $509,900

REO:  1795 Stonehaven Ln., Amber Meadows, Frederick 21702 3 BR/2.5 BA $314,900 SF

Fannie Mae:  1797 Stonehaven Ln., Amber Meadows, Frederick 21702 4 BR/2.5 BA $189,000 SF REDUCED FROM $315,900

REO:  114 Sunlight Dr., Clover Ridge, Frederick 21702 4 BR/3.5 BA $419,900 SF REDUCED FROM $441,000

REO:  3920 Sweetbriar Ln., Villages of Urbana, Frederick 21704 4 BR/3.5 BA $469,900 SF REDUCED FROM $485,000

REO:  950 Turning Point Ct. E, Fredericktowne Village, Frederick 21701 3 BR/2.5 BA $214,900 Gar TH REDUCED FROM $243,410

Countrywide:  2121 Wainwright Ct. #1C, Old Farm Station, Frederick 21702 2 BR/2 BA $154,900 Condo REDUCED FROM $164,900

Fannie Mae:  301 Washington St., Manor Ridge, Middletown 21769 3 BR/2.5 BA $269,900 SF REDUCED FROM $334,900

REO:  2520 Waterside Dr. E. #104, Park Place at Mill Island, Frederick 21701 2 BR/2 BA $219,900 Condo REDUCED FROM $233,000  

Fannie Mae:  546 Wellington Ct., Frederick Heights, Frederick 21703 3 BR/1.5 BA $169,900 TH   

REO:  1801 A Wheyfield Dr., Monocacy Landing, Frederick 21701 3 BR/2.5 BA $234,900 TH Condo

REO:  2051 Wilcox Valley Rd., Tuscarora Creek Pond, Frederick 21702 4 BR/3.5 BA $330,000 SF

REO:  605 Wild Hunt Rd., Ballenger Creek, Frederick 21703 3 BR/2 BA $225,000 TH

Residential Funding:  6509 B Wiltshire Ct., Crossing, Frederick 21703 3 BR/2 BA $187,900 TH Condo REDUCED FROM $189,900

REO:  1752 Worthington Ct., Carroll Park Manor, Frederick 21702 3 BR/1 BA $119,900 TH REDUCED FROM $149,900

Assetlink:  11 Wyn Ct., Wyngate, Frederick 21701 3 BR/2 BA $241,900 SF REDUCED FROM $243,900

HUD:  6349 Yeagertown Rd., New Market 21774 3 BR/2 BA $229,500 SF REDUCED FROM $256,500

Copyright 2008 by Roy Kelley - Information deemed reliable, but is subject to changes. We must always confirm availability and current prices. Any reproduction, distribution or other use is prohibited. Do not email this report to others without written authorization from Roy Kelley.

Please contact us if you have questions about the foreclosure process in Maryland. If you are searching for a property, please tell us about your specific needs.  

We have a very simple request if you wish to receive our information and advice.  We ask you to agree to use us as your exclusive buyer agents for your next real estate purchase. Please advise us if you are represented by another real estate agent.

Please refer your friends that may wish to purchase a residence or investment property.

Your Real Estate Professional,

Roy Kelley  

Roy Kelley & Associates

Associate Broker, RE/MAX Realty Group

6 Montgomery Village Avenue, Suite 200 Gaithersburg, MD 20879  

Direct:  301-921-4569   

Client Assistance:  301-670-8996

Email: roykelley@mris.com    Fax:  301-921-4586  Main Office:  301-258-7757 x 569

Blog:  http://activerain.com/blogs/roykelley

Home Search Website: www.roykelley.com  (All available listings may by viewed on Homes Prospector)  

MONTGOMERY COUNTY REO:  Please contact us if you wish to receive our Montgomery County report on lender owned foreclosures.

COUNTRYWIDE REO REQUIREMENTS:  Countrywide Home Loans requires a Countrywide pre-qualification letter with all contracts on their owned properties. For assistance with this requirement, contact Jim Beatty at the Countrywide office in Gaithersburg:  Direct:  240-631-8318 or Cell:  301-728-3286. Countrywide also offers renovation financing for homes that need major improvements.

INTEREST RATES:  Interest rates are the lowest in many years. So, it is easier to qualify for financing. When you combine the low rates with the large selection of homes, it makes a perfect situation for prospective home buyers. Many buyers are now using FHA financing which has a low cash requirement (3.5%).

TITLE COMPANIES:  Most of the REO lender owners recommend title companies for buyers of the homes. If you wish to use your preferred title company, you should include your requirement with your offer. It is always a good idea to compare the costs. Your preferred title company will help you with the comparisons.

HOME INSPECTIONS:  We always recommend home inspections to make sure that buyers are aware of the physical condition of the property under contract. One of the frequent issues during the winter is water leaks due to frozen pipes in vacant homes.

BUYER AGENTS FOR REO PURCHASES:  Always use an exclusive buyer agent to represent your interests when you purchase a home. The time to discuss this relationship with us is at your first scheduled appointment. It is very important to have a good business relationship with your buyer agent. If you are not comfortable with an agent, you should request a release from your agency agreement and move on to another agent.