“World's Most Complete Neighborpedia”
Sponsor a Community — What is Localism? | Register or Sign In
Explore:   What's happening in your neck of the woods?
Home Washington County, MD Foreclosures & Short...

Washington County, MD Foreclosures & Short Sales Update Rev. 8/16/11

Washington County, MD Foreclosures & Short Sales Update Rev. 8/16/11

There are 868 homes for sale in Washington County, MD. 36 (4%) of the active listings are lender owned foreclosures and 122 (14%) are short sale pre-foreclosure offerings.
Loan Limit Reduction: The "temporary" mortgage loan limits that are now in place will expire on September 30, 2011. All loans using the temporary limits must settle on or before September 30th.
RE/MAX Realty Group Preferred Lender: Joe Salisbury at Presidential Bank Mortgage, joe@presidential.com, 301-590-8911 x 209 is the Preferred Lender for our office.
Lender Owned Homes:
Short Sale Pre-foreclosures:
Washington County, Maryland Real Estate Market Statistics: During July, 2011, there were 100 closed sales and the average sold price was $145,787, down 14.56% from last year, with an average of 150 days on the market. The median sold price was $130,450, down 15.84% from last year. The average sold price was 85.36% of the average original list price.
The real estate statistics for the past month may be viewed by clicking on the following link. http://www.rbintel.com/statistics/washington-county-md The statistics are updated on the tenth of the following month.

Free Credit Report: You have the right to get a FREE COPY of your credit file disclosure, commonly called a credit report, once every 12 months, from each of the nationwide consumer credit reporting companies – EQUIFAX, EXPERIAN and TRANSUNION. For instant access to your FREE CREDIT REPORT, visit www.annualcreditreport.com or call 877-322-8228.

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.t

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

Blooming for Maryland home buyers.

Posted Tuesday Aug 16