MONTGOMERY COUNTY MARYLAND FORECLOSURES offer an opportunity for home buyers to realize a good price, more foreclosure homes listed for sale in Montgomery County, MD from which to select than ever in this area. Below, find current listings and foreclosure, bank owned and REO properties that SOLD February 1, through March 22, 2008.
ACTIVE LISTINGS HOME FOR SALE IN MONTGOMERY COUNTY, ALL FORECLOSED BANK OWNED PROPERTIES.
There are about 5461 Active listings in Montgomery County in March. There are 116 foreclosure listings.
| City | ListPrice | Type | Lot Acres | BR | BathsAll | Fpl | # Gar | |
| Burtonsville | $371,655 | Detached | 0.127 | 4 | 3 | 1 | 1 | |
| Burtonsville | $392,000 | Detached | 0.535 | 3 | 2 | 1 | 1 | |
| Clarksburg | $605,000 | Detached | 0.272 | 4 | 4 | 1 | 2 | |
| Damascus | $374,900 | Detached | 0.257 | 4 | 3 | 1 | ||
| Derwood | $616,900 | Detached | 2 | 4 | 3 | 2 | 2 | |
| Gaithersburg | $350,000 | Detached | 0.115 | 4 | 2 | 0 | ||
| Gaithersburg | $440,000 | Detached | 0.296 | 4 | 4 | 1 | 2 | |
| Germantown | $365,900 | Detached | 0.266 | 4 | 3 | 1 | ||
| Germantown | $374,900 | Detached | 0.141 | 2 | 2 | 0 | ||
| Germantown | $389,900 | Detached | 0.125 | 5 | 4 | 1 | 2 | |
| Germantown | $469,900 | Detached | 0.148 | 5 | 4 | 0 | 1 | |
| Germantown | $515,900 | Detached | 0.174 | 5 | 4 | 1 | 2 | |
| Montgomery Village | $319,000 | Detached | 0.229 | 3 | 2 | 1 | 2 | |
| Rockville | $349,900 | Detached | 0.192 | 4 | 2 | 0 | ||
| Rockville | $399,900 | Detached | 0.206 | 3 | 2 | 0 | ||
| Rockville | $410,000 | Detached | 0.231 | 3 | 2 | 0 | ||
| Silver Spring | $229,900 | Detached | 0.15 | 2 | 2 | 0 | ||
| Silver Spring | $264,900 | Detached | 0.144 | 4 | 2 | 0 | ||
| Silver Spring | $269,900 | Detached | 0.128 | 4 | 1 | 0 | 1 | |
| Silver Spring | $279,900 | Detached | 0.138 | 2 | 2 | 0 | ||
| Silver Spring | $295,000 | Detached | 0.142 | 3 | 2 | 0 | ||
| Silver Spring | $298,000 | Detached | 0.167 | 2 | 2 | 0 | ||
| Silver Spring | $299,500 | Detached | 0.213 | 3 | 1 | 0 | ||
| Silver Spring | $304,999 | Detached | 0.15 | 2 | 2 | 0 | 2 | |
| Silver Spring | $339,900 | Detached | 0.183 | 3 | 2 | 1 | ||
| Silver Spring | $345,900 | Detached | 0.154 | 5 | 2 | 1 | ||
| Silver Spring | $349,900 | Detached | 0.169 | 5 | 2 | 0 | ||
| Silver Spring | $355,900 | Detached | 0.188 | 5 | 2 | 1 | ||
| Silver Spring | $360,000 | Detached | 0.162 | 5 | 2 | 0 | ||
| Silver Spring | $362,000 | Detached | 0.178 | 2 | 1 | 0 | ||
| Silver Spring | $370,000 | Detached | 0.185 | 3 | 3 | 0 | 2 | |
| Silver Spring | $379,900 | Detached | 0.261 | 3 | 3 | 0 | ||
| Silver Spring | $382,900 | Detached | 0.178 | 5 | 3 | 0 | ||
| Silver Spring | $389,900 | Detached | 0.161 | 5 | 4 | 1 | 2 | |
| Silver Spring | $399,900 | Detached | 0.154 | 4 | 3 | 1 | ||
| Silver Spring | $399,900 | Detached | 0.519 | 4 | 3 | 1 | 1 | |
| Silver Spring | $405,000 | Detached | 0.162 | 4 | 2 | 1 | ||
| Silver Spring | $429,000 | Detached | 0.206 | 4 | 2 | 0 | ||
| Silver Spring | $449,900 | Detached | 0.459 | 4 | 4 | 2 | ||
| Silver Spring | $450,000 | Detached | 0.375 | 7 | 3 | 1 | 2 | |
| Silver Spring | $474,900 | Detached | 0.235 | 4 | 4 | 1 | 2 | |
| Takoma Park | $380,000 | Detached | 0.167 | 4 | 3 | 2 | 2 | |
| Takoma Park | $384,900 | Detached | 0.134 | 3 | 3 | 0 |
Below is a listing of foreclosed bank owned homes that SOLD in Montgomery County, MD between February 1, and March 22, 2008. Subsidy is the seller's credit to the buyer at closing. This money can be used to help pay closing costs.
| County | City | ListPrice | Subsidy | ClosePrice |
| MONTGOMERY | Boyds | $664,900 | $0 | $665,000 |
| MONTGOMERY | Clarksburg | $455,000 | $13,000 | $445,000 |
| MONTGOMERY | Gaithersburg | $499,900 | $0 | $435,000 |
| MONTGOMERY | Germantown | $520,900 | $10,000 | $475,000 |
| MONTGOMERY | Rockville | $325,900 | $9,150 | $305,000 |
| MONTGOMERY | Rockville | $360,000 | $8,000 | $360,000 |
| MONTGOMERY | Rockville | $369,900 | $10,797 | $359,900 |
| MONTGOMERY | Rockville | $411,900 | $14,416 | $411,900 |
| MONTGOMERY | Silver Spring | $234,900 | $0 | $210,000 |
| MONTGOMERY | Silver Spring | $340,900 | $9,450 | $315,000 |
Foreclosed homes in Montgomery County, Maryland are sold "as is", meaning the buyer may have a home inspection performed but the seller, the bank that owns the property will not make any repairs.
In previewing foreclosed properties it is important to work with an experienced Buyer's Agent who will help you estimate the costs of purchase to buy and the estimated expenses if the property needs repairs or upgrading. Unlike past years when foreclosures were sold in very bad condition, Bank owned properties in sold in this present market are generally in about the same condition as the average home owner sold property.
MONTGOMERY COUNTY PUBLIC SCHOOL SAT SCORES 2007.
Courtesy, Lenn Harley, Broker, Homefinders.com. 800-711-7988.
Ask about the Homefinders FREE Home Warranty and Home Inspection REBATE.
Homes in Montgomery County that are listed for sale in the $450,000 price range in Germantown.
Maryland and Northern Virginia real estate help for home buyers and sellers. Experienced real estate brokers and agents helping first time home buyers, move-up buyers & sellers, relocating buyers.
MONTGOMERY COUNTY MD FORECLOSURES. Town Homes. Free Home Warranty.
MONTGOMERY COUNTY MD FORECLOSURES. Single Family Homes. Free Home Warranty.
PURCELLVILLE NEW HOME, DISCOUNTED PRICE JULY 23 - JULY 27, BUYER REBATE
ROUND HILL NEW HOME - BUYER REBATE - PRICES REDUCED FOR JULY 23 THROUGH JULY 37.
Piney Orchard in Odenton, Northern Anne Arundel County, Maryland
FAIRFAX NEW HOMES. HOME BUYER REBATES. BUILDERS IN FAIRFAX WITH QUICK OCCUPANCY HOMES.
STAFFORD COUNTY HOME PRICES - A REALITY CHECK
FORECLOSED HOMES IN LEESBURG VA. $10,000 GRANT FOR FIRST TIME HOME BUYERS.
FORECLOSED HOMES IN LOUDOUN COUNTY VA. $10,000 GRANT FOR FIRST TIME HOME BUYERS.
FORECLOSED HOMES IN FAIRFAX COUNTY VA. $10,000 GRANT FOR fIRST TIME HOME BUYERS.
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2008 ActiveRain Corp. All Rights Reserved
Here in my part of northeast PA, most if not all foreclosures are in serious need of repair. Some of them are old fixer uppers that somone thought to flip....as you can see some serious work already completed, such as new siding and refinished floors...but then there's everything else that didn't get done....
Most foreclosures too require the buyer to pay the entire 2% state transfer tax; traditional sales usually have the buyer and seller split it equally. Does your state have a transfer tax as well?
Karen
We have state and county transfer taxes and recording fees/stamps. It's expensive, but they are usually split 50/50 and on occasion we can get the bank to pay all of them. Not often.
These are homes that were purchased to residences, not just flips although there is some of that too.
Folks buying in Montgomery County MD need to have some cash. If they go with the bank to finance their purchase, they get better terms and conditions and faster processing.
Lenn, that foreclosure list is pretty long for such expensive homes. I hope your market turns or is turning soon. AJ
Alan. There are 5461 Active listings in Montgomery County and only 116 foreclosures. That's barely 0.02%.
Not a large percentage, but good opportunities.
I added that to the post so folks don't thing we are a depressed market like some area. We are not.