ARCHIVED BLOG POSTS

2008 

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 REO BARGAIN IN FREDERICK, MARYLAND Real estate bargain hunters need to watch the inventory of lender owned homes in Frederick County, MD.  The lenders have a surplus REO inventory and are under great pressure to sell the homes as quickly as possible.  Prices are reduced until they are sold. Rece...
07/31/2008

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 REO PRICE REDUCTION - MONROVIA, MARYLAND We featured this nice home in a previous blog.  We thought we would bring a major price reduction to your attention.  The new price on this lender owned foreclosure is $497,900.  The previous owner paid $608,000 in the spring of 2005.  It needs some repai...
07/31/2008

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 REO PRICE REDUCTION FOR A SUMMERTIME BARGAIN If you are looking for a real estate deal, you should be tracking the inventory of lender owned foreclosures in Frederick County, Maryland. The lenders are under great pressure to reduce the number of owned homes and are cutting prices until they are ...
07/31/2008

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 REO PRICE REDUCTION - MONARCH RIDGE, FREDERICK, MARYLAND Are you watching the inventory of lender owned homes for summer home purchase bargains?  The lenders have an excess inventory of owned properties and are reducing the prices until they are sold. The price on this home was recently reduced ...
07/31/2008

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 REO PRICE REDUCTION IN DAMASCUS Are you watching the opportunities in lender owned foreclosures in Montgomery County?  This home was under contract but the buyer failed to go to settlement.  Countrywide Home Loans has instructed us to reduce the price to $349,900 for a quick sale. This is a lot ...
07/31/2008

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  WASHINGTON COUNTY, MARYLAND HUD HOMES The following homes are available for purchase. Please note that properties designated for owner occupants are not currently available to investors. Most buyer families use FHA financing when purchasing a HUD home.  Check with us if you need a referral to a...
07/31/2008

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  FREDERICK COUNTY, MARYLAND HUD HOMES THAT ARE CURRENTLY AVAILABLE.  Please contact us for additional information on HUD homes or other lender owned foreclosures.  Please note that homes designated for owner occupant purchasers are not yet available to investors.  roykelley@mris.com For most, FH...
07/31/2008

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Notes on the Frederick, Maryland market:  Mortgage lenders are still purchasing most of the homes that are sold at the trustee sale auctions at the court house.  The lenders then offer the homes for sale to the public when they become part of the REO inventory.  The lender owners are highly motiv...
07/31/2008

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REO BARGAIN IN SILVER SPRING, MARYLAND Do you need a property with lots of bedrooms and bathrooms?  You should be watching the list of lender owned foreclosures in Montgomery County, Maryland. The mortgage lenders have an excess inventory of owned foreclosures and they are under great pressure to...
07/30/2008

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 REO BARGAIN IN GERMANTOWN, MARYLAND Are you searching for a fine home at a great price?  You should be watching the inventory of lender owned foreclosures. The lenders now have an excessive number of owned properties and they are reducing prices until they are all sold. The previous owner purcha...
07/30/2008
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