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MARYLAND FORECLOSURES - FINDING BARGAINS IN POTOMAC - 6 TRAVILAH TERRACE, POTOMAC, MD 20854

How do you find the real estate bargains available in Potomac, Maryland? Watch the inventory of lender owned foreclosures. The mortgage lenders are purchasing most of the homes that are sold at the trustee sale auctions at the court house door. The lenders then offer the homes for sale when they become part of the REO inventory. Lenders are highly motivated sellers and reduce the prices until the homes are under contract. Prospective purchasers need to be pre-approved for financing since a lender letter must be submitted with the contract.

SunTrust is offering this REO property for a quick sale at $1,275,000. This is large home in an outstanding location. Now is the time to submit an offer. Please contact Roy Kelley roykelley@mris.com for exclusive buyer representation. Also contact us if you wish to receive reports on other lender owned homes in the Maryland suburbs of Washington, DC.

6 TRAVILAH TERRACE, POTOMAC, MD 20854 $1,275,000

6 BEDROOMS/5 FULL BATHS/2 HALF BATHS
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Tax Fiscal Year 2008 Estimated property tax and non-tax charges in first full fiscal year of ownership.

PUBLIC RECORD INFORMATION PROVIDED BY RE/MAX REALTY GROUP
TOTAL EST. CHARGES: $14,157 City Tax: Tax Year: 2008
State/County Tax: $9,995 Refuse: 198.42 Base Tax Rate: 0.74
Special Tax: $3,964 Homestd/Exempt Status: Exempt Class: 000
Front Foot Fee: Tax Class: 42 Mult Class:




ASSESSMENT

Year Assessed
Phase-in Value
Land
Improvement
Land Use
2008 $1,352,506 $672,080 $834,480

Posted Sunday Jul 06

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