Roy Kelley Sells Maryland Homes : Washington County, MD Lender Owned Foreclosures, REO, Short Sales

Washington County, MD Lender Owned Foreclosures, REO, Short Sales

Special notice on FHA financing. Monthly mortgage insurance rates are scheduled to increase. FHA will make the premium fee changes on all new case numbers effective October 4, 2010. This will increase monthly mortgage payments and will increase the income needed to qualify. Talk with your loan officer if you are planning to use FHA financing. Buyers that are ready to purchase can save by purchasing now rather than later.

Home buyers and sellers are carefully watching the inventory of homes for sale in order to make good purchase and sale decisions. Listings of lender owned foreclosures and short sales influence the residential real estate market.  The secured mortgage lenders are still purchasing most of the homes sold at the trustee sale auctions at the court house. These properties are later offered as REO properties in the listings of lender owned homes for sale.

 Blooming for home buyers in Washington County.

There are 136 homes for sale in Washington County, MD that are included in the inventory of  lender owned foreclosures for sale (REO).  Click on the listing number for full details on each property. Sort by column headings.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-121025320-669  

There are 111 homes for sale that are included in the inventory of short sale listings of pre-foreclosures. Click on the listing number for full details on each property. Sort by column headings.  

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-121025291-425

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. The same advice applies to investors. Those without a pre-approval are not considered to be serious purchasers. Please ask for a referral if you do not have an existing relationship with a mortgage lender.

All of the active listings of homes for sale in Maryland may be viewed on Homes Prospector at www.roykelley.com

Trustee sales schedules and our real estate blogs may be viewed at www.roykelley.net

Please contact us with your real estate questions. Your referrals of friends and family members will always be appreciated.