Prince George's County, MD Lender Owned Foreclosures, REO
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.
The real estate market in Prince George's County is experiencing a very high volume of homes for sale in trustee auctions. The newspapers are adding additional sections to have space for the legal notices. The secured mortgage lenders are purchasing most of the properties that are sold at the trustee sale auctions at the court house. Many view the trustee sales as a preview of the listings of lender owned homes for sale at a future date.
Blooming for home buyers in Prince George's County.
The active listings of homes for sale in Prince George's County include 731 lender owned foreclosures for sale plus hundreds of pre-foreclosure short sale listings for sale.
There are 396 homes for sale that are priced at $150,000 and BELOW included in the inventory of lender owned foreclosures for sale in Prince George's County, MD. These offerings are sometimes call REO homes for sale. Click on the listing number for full details on each property.
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-121025348-750
There are 335 homes for sale that are priced at $150,000 and ABOVE included in the inventory of lender owned foreclosures for sale in Prince George's County. These offerings are sometimes call REO homes for sale. Click on the listing number for full details on each property.
Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-121025381-996
With the large number of available lender owned foreclosures, you may find it difficult to identify the properties that may best meet your needs. Please ask us for any assistance you may need.
All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. Investors should also follow this advice since investor financing is still difficult for many because of the lender limits on the number of financed properties. Please ask us for a referral to a loan officer if you do not have an existing relationship with a mortgage lender.
All of the active listings of homes for sale in Prince George's County and other areas in Maryland may be viewed on Homes Prospector at www.roykelley.com
Visit www.roykelley.net to view scheduled trustee sale an our real estate blogs on ActiveRain.
Please contact us with your real estate questions. Your referrals of friends and family members will always be appreciated.
We represent home buyers and sellers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. Your Real Estate Professionals In Maryland.
Roy Kelley
Roy Kelley & Associates
Associate Broker, RE/MAX Realty Group
Client Assistance: 301-670-8996
Recipient of the RE/MAX International Lifetime Achievement Award - 2008
