AS OF TODAY, there are about 50 bank owned homes for sale in Montgomery County, MD. Contact us for a tour of homes for sale, 800-711-7988.
To search active listings, see http://www.homesdatabase.com/lennharley
Every wonder what that foreclosure sold for?? Most folks would be surprised to learn that foreclosures are selling for slightly less or slightly more than the list price.
Below is a listing of bank owned homes in Montgomery County, MD that closed in October, November and December 2008.
If you’re in the market for a home in Montgomery County, consider the bank owned foreclosed property. They are priced at about 10-20% below regular listings.
| City | ListPrice | ClosePrice | Subsidy | DOMP |
| Ashton | $349,900 | $320,000 | $ | 64 |
| Bethesda | $809,900 | $800,000 | $ | 16 |
| Boyds | $634,900 | $634,900 | $10,000 | 32 |
| Brookeville | $519,900 | $515,000 | $16,500 | 30 |
| Burtonsville | $215,000 | $225,000 | $10,044 | 23 |
| Clarksburg | $399,900 | $400,000 | $ | 175 |
| Clarksburg | $568,900 | $570,000 | $22,919 | 70 |
| Clarksburg | $445,900 | $440,000 | $13,200 | 610 |
| Damascus | $295,000 | $305,000 | $ | 309 |
| Derwood | $536,900 | $475,000 | $ | 152 |
| Derwood | $269,900 | $242,000 | $7,280 | 163 |
| Gaithersburg | $214,900 | $223,500 | $6,705 | 263 |
| Gaithersburg | $349,000 | $292,950 | $ | 242 |
| Gaithersburg | $299,900 | $260,000 | $11,000 | 132 |
| Gaithersburg | $282,600 | $282,600 | $5,000 | 181 |
| Gaithersburg | $340,900 | $254,100 | $ | 200 |
| Gaithersburg | $414,900 | $415,000 | $ | 5 |
| Gaithersburg | $215,900 | $213,000 | $ | 86 |
| Gaithersburg | $284,900 | $288,000 | $ | 241 |
| Gaithersburg | $516,900 | $492,000 | $ | 124 |
| Gaithersburg | $275,000 | $245,000 | $7,350 | 151 |
| Gaithersburg | $284,900 | $280,000 | $10,000 | 50 |
| Gaithersburg | $213,900 | $213,000 | $ | 83 |
| Gaithersburg | $285,000 | $285,000 | $ | 156 |
| Gaithersburg | $349,900 | $347,000 | $3,812 | 43 |
| Gaithersburg | $254,900 | $262,500 | $7,500 | 84 |
| Gaithersburg | $87,000 | $88,000 | $2,550 | 80 |
| Gaithersburg | $181,500 | $177,500 | $3,451 | 77 |
| Gaithersburg | $185,200 | $175,950 | $5,000 | 40 |
| Gaithersburg | $313,900 | $325,000 | $11,000 | 77 |
| Gaithersburg | $219,500 | $230,000 | $10,000 | 60 |
| Gaithersburg | $199,900 | $199,900 | $8,000 | 17 |
| Gaithersburg | $269,900 | $269,900 | $16,194 | 49 |
| Gaithersburg | $179,000 | $190,000 | $ | 8 |
| Gaithersburg | $239,900 | $245,000 | $7,265 | 36 |
| Gaithersburg | $210,000 | $210,000 | $5,000 | 4 |
| Gaithersburg | $253,800 | $254,000 | $11,600 | 31 |
| Gaithersburg | $194,900 | $190,000 | $ | 1 |
| Gaithersburg | $240,900 | $241,000 | $7,147 | 18 |
| Germantown | $195,000 | $162,750 | $ | 187 |
| Germantown | $189,900 | $187,000 | $5,919 | 292 |
| Germantown | $194,900 | $194,900 | $7,056 | 201 |
| Germantown | $299,000 | $235,000 | $ | 115 |
| Germantown | $257,900 | $260,000 | $6,609 | 139 |
| Germantown | $214,900 | $195,000 | $ | 130 |
| Germantown | $210,000 | $200,000 | $ | 160 |
| Germantown | $282,100 | $272,825 | $ | 78 |
| Germantown | $207,600 | $207,600 | $6,151 | 180 |
| Germantown | $185,900 | $190,000 | $10,840 | 109 |
| Germantown | $199,900 | $199,900 | $ | 316 |
| Germantown | $218,000 | $210,000 | $ | 91 |
| Germantown | $224,000 | $210,000 | $ | 10 |
| Germantown | $219,900 | $210,000 | $6,300 | 78 |
| Germantown | $248,500 | $265,000 | $7,216 | 62 |
| Germantown | $235,000 | $233,000 | $9,720 | 109 |
| Germantown | $199,900 | $205,000 | $ | 15 |
| Germantown | $359,900 | $360,000 | $10,800 | 7 |
| Germantown | $179,900 | $170,000 | $ | 19 |
| Kensington | $351,975 | $322,500 | $ | 128 |
| Montgomery Village | $249,900 | $220,500 | $3,000 | 130 |
| Montgomery Village | $199,900 | $194,900 | $5,764 | 317 |
| Montgomery Village | $166,900 | $166,900 | $6,000 | 81 |
| Montgomery Village | $210,000 | $205,000 | $ | 38 |
| Montgomery Village | $199,900 | $165,000 | $ | 34 |
| North Potomac | $399,900 | $399,900 | $ | 25 |
| Olney | $384,900 | $384,900 | $ | 26 |
| Rockville | $265,905 | $270,000 | $ | 203 |
| Rockville | $279,900 | $250,000 | $ | 139 |
| Rockville | $248,500 | $260,000 | $10,000 | 108 |
| Rockville | $239,000 | $239,000 | $8,000 | 0 |
| Rockville | $250,000 | $293,814 | $8,470 | 9 |
| Rockville | $914,500 | $900,000 | $27,000 | 9 |
| Silver Spring | $199,900 | $170,625 | $ | 290 |
| Silver Spring | $285,000 | $223,125 | $ | 372 |
| Silver Spring | $284,905 | $270,000 | $ | 129 |
| Silver Spring | $317,500 | $317,500 | $4,000 | 122 |
| Silver Spring | $159,900 | $145,000 | $ | 152 |
| Silver Spring | $219,900 | $207,000 | $ | 93 |
| Silver Spring | $292,900 | $290,000 | $ | 177 |
| Silver Spring | $384,900 | $365,000 | $ | 114 |
| Silver Spring | $255,900 | $255,000 | $14,400 | 187 |
| Silver Spring | $289,900 | $283,000 | $ | 110 |
| Silver Spring | $241,900 | $235,000 | $12,103 | 195 |
| Silver Spring | $386,900 | $395,000 | $7,500 | 116 |
| Silver Spring | $395,900 | $370,000 | $11,100 | 57 |
| Silver Spring | $338,900 | $338,900 | $15,000 | 81 |
| Silver Spring | $240,000 | $260,000 | $13,000 | 19 |
| Silver Spring | $125,000 | $112,000 | $ | 141 |
| Silver Spring | $255,000 | $249,000 | $7,523 | 90 |
| Silver Spring | $289,900 | $225,750 | $ | 86 |
| Silver Spring | $307,500 | $303,000 | $10,000 | 23 |
| Silver Spring | $361,000 | $365,000 | $10,000 | 70 |
| Silver Spring | $247,000 | $240,000 | $ | 64 |
| Silver Spring | $239,500 | $235,000 | $ | 56 |
| Silver Spring | $299,900 | $294,000 | $8,820 | 42 |
| Silver Spring | $345,000 | $337,000 | $20,220 | 9 |
| Silver Spring | $332,900 | $332,900 | $10,000 | 54 |
| Silver Spring | $249,000 | $255,000 | $ | 169 |
| Silver Spring | $324,900 | $327,000 | $9,810 | 47 |
| Silver Spring | $259,900 | $250,000 | $ | 34 |
To tour homes in Montgomery County, contact Lenn Harley, Broker, Homefinders.com 800-711-7988.
Tours arranged daily by experienced buyer’s agents who will work hard to help you from search to settlement.
MONTGOMERY TOWN HOMES FOR SALE BY BANKS, FORECLOSURE UPDATE FOR MARYLAND HOME BUYERS.
We selected newer bank owned town homes for this report, all constructed 2000 or later. The may have been purchased by investment buyers new with the intention of the owner reselling quickly at a profit. However, because of the slow down in the real estate market, the investment buyers were unable to sell or make mortgage payments on their investment properties, resulting in foreclosure.
Let’s take a tour of homes in Montgomery County. Homefinders.com has agent partners ready to tour properties in your price range and location of choice.
BANK OWNED TOWN HOMES CONSTRUCTED IN 2000 OR LATER. Click Subdivision for photo.
| City | Adv Subdivision | ListPrice | BR | FB | HB | # Gar | YrBlt |
| Clarksburg | HIGHLANDS AT CLARKSBURG | $350,000 | 3 | 2 | 2 | 2004 | |
| Clarksburg | CLARKSBURG TOWN CENTER | $399,900 | 4 | 4 | 1 | 2004 | |
| Clarksburg | CLARKSBURG HEIGHTS | $393,800 | 3 | 2 | 1 | 2006 | |
| Damascus | MAGRUDERS OVERLOOK | $295,000 | 3 | 2 | 2 | 2004 | |
| Germantown | KINGSVIEW VILLAGE | $414,900 | 3 | 3 | 0 | 2001 | |
| Silver Spring | RENAISSANCE PLAZA | $324,900 | 3 | 2 | 2 | 2004 | |
| Silver Spring | GATESTONE | $400,000 | 4 | 3 | 1 | 2002 | |
| CLICK ABOVE FOR PHOTOS |
FIRST TIME HOME BUYERS - SPECIAL FINANCING AVAILABLE.
All homes listed above qualify for a Conventional First Time Buyer program. Home buyers need only $1,000 to buy with acceptable credit history. Contact Homefinders.com to make application.
Foreclosed Town Homes, Single Family Homes and Condo Homes are available throughout Montgomery County. Contact Lenn for a tour of homes in your price range. Our agent partners are experienced negotiators and buyers agents.
Courtesy, Lenn Harley, Broker, Homefinders.com, E-Mail.
Contact Lenn Harley, Broker, Homefinders.com, 800-711-7988 to see foreclosed homes for sale in Silver Spring, Clarksburg, Takoma Park, Rockville, Germantown, Gaithersburg.
| City | ListPrice | Lot Acres | BR | BathsAll | Fpl | # Gar |
FORECLOSURES IN MONTGOMERY COUNTY MD OFFER OPPORTUNITIES FOR HOME BUYERS TO REALIZE SAVING IN THE PURCHASE OF A HOME ON POTOMAC, GAITHERSBURG, CLARKSBURG and NORTH POTOMAC.
FORECLOSURES IN MONTGOMERY COUNTY IN THE “OVER $500,000″ PRICE RANGE ARE RARE. We’ve searched the listing database and found the homes listed below.
SINGLE FAMILY FORECLOSED HOMES AND REO SALES IN MONTGOMERY COUNTY FOR SALE. CLICK the town name below to see photos and information about features.
| City | Price | Style | BR | BA | Gar. # | Acres |
LUXURY HOME IN POTOMAC FOR SALE, FORECLOSURE
City Price Style BR BA Gar # Acres
| Potomac | $1,590,900 | Colonial | 5 | 8 | 3 | 3.41 |
HOME BUYERS FOR REAL ESTATE IN MONTGOMERY CAN TAKE ADVANTAGE OF THE OPPORTUNITIES OFFERED BY FORECLOSED REAL ESTATE IN MONTGOMERY COUNTY FOR SALE BY BANKS, MORTGAGE COMPANIES AND REO MANAGEMENT COMPANIES.
SEARCH LISTINGS homes for sale in Montgomery County, MD
TYPICAL FORECLOSURE FOR SALE IN GAITHERSBURG, MARYLAND
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail.
Bank owned homes, REO Homes for sale in Montgomery County. Opportunities for home buyers in the Montgomery County, MD real estate market.
Foreclosed homes or bank owned properties are have been through the foreclosure process and the property is now in the inventory of homes for sale offered by the bank, mortgage company, REO or other. These homes can be viewed daily. Homefinders has access to all of the foreclosed, REO homes offered for sale and tours can be scheduled daily. Our agents are qualified to assist you with your home purchase “from search to settlement”. Foreclosures or REO sales are sold “as is” and can usually be purchased at below market value. Most are discounted in price due to condition.
EXAMPLES OF FORECLOSED HOMES FOR SALE IN MONTGOMERY COUNTY, MD
Smart home buyers who can find a foreclosed property to buy located in an area that is convenient for the home buyer will often realize a good investment, if the home is right for you. Foreclosures in Montgomery County Maryland are available in popular locations throughout the county. The average price for a single family home listed for sale in Montgomery County MD real estate is $776,503. The average price for a foreclosed single family home in Montgomery County MD is $430,864.
City / Town Zip List Price BR Baths Style Year Built
| Burtonsville | 20866 | $469,900 | 4 | 3 | Rambler | 1965 |
SEARCH ALL HOMES FOR SALE IN MONTGOMERY COUNTY, MD
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail.
There are about 47 Single Family Detached bank foreclosures for sale in Montgomery County as of December 2008. Homes are listed in “as is” condition and banks do not take contingent contracts. Many are price for condition. Bank owned homes in Montgomery County sell for about 90% of average market value.
TOWN PRICE
| Clarksburg | $559,000 | |
Foreclosures in Montgomery by City
Typical homes in Rockville, Gaithersburg, Silver Spring and Germantown, MD
Courtesy, Homefinders.com, Lenn Harley, Broker 800-711-7988, E-Mail
foreclosures in montgomery county md, foreclosed homes in montgomery county md, gaithersburg foreclosures, rockville foreclosures, silver spring foreclosures, germantown foreclosures
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