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About Carroll County, MD

CARROLL COUNTY MD LENDER OWNED FORECLOSURES

09-10-09
Roy Kelley
Roy Kelley: Real Estate Agent in Gaithersburg, MD

CARROLL COUNTY MD LENDER OWNED FORECLOSURES

There are 42 lender owned foreclosures (REO) available for purchase in the area.

Click the following URL to see the report. Click on the listing number for full details on each property. Sort by headings.

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=32943226818

When you are searching for homes in Maryland, you will want to use Homes Prospector at www.roykelley.com This is a service of MRIS, the regional multiple listing service, and you will find the most accurate up to date information on properties that are available for purchase. Foreclosures will be included in the results of your searches.

Most of the homes that are sold at trustee sale auctions at the court house entrance are purchased by the secured mortgage lenders. The lenders then offer the homes for sale when they become part of the REO inventory. All of the lender owned homes are listed with area agents and are available on MRIS.

Why are buyers focusing on the REO inventory? The simple reason is that is where the purchase bargains are being found. Lenders are highly motivated sellers and they reduce the prices until the properties are under contract.

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. First time home buyers need to move quickly to qualify for the currently available $8,000 tax credit. The settlement deadline to qualify for this incentive is November 30, 2009. Many of the lender owned foreclosures have deferred maintenance or repair requirements. Buyers that want to purchase fix-up properties should be learning about renovation financing such as the FHA 203(k) program.

We represent home buyers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties.

CARROLL COUNTY MD LENDER OWNED FORECLOSURES

08-31-09
Roy Kelley
Roy Kelley: Real Estate Agent in Gaithersburg, MD

CARROLL COUNTY MD LENDER OWNED FORECLOSURES

There are 42 lender owned foreclosures (REO) available for purchase in Carroll County MD.

Click the following URL to see the report. Click on the listing number for full details on each property. Sort by column headers.

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-87814785-160

When you are searching for homes in Maryland, you will want to use Homes Prospector at www.roykelley.com This is a service of MRIS, the regional multiple listing service, and you will find the most accurate up to date information on properties that are available for purchase. Foreclosures will be included in the results of your searches.

Most of the homes that are sold at trustee sale auctions at the court house entrance are purchased by the secured mortgage lenders. The lenders then offer the homes for sale when they become part of the REO inventory. All of the lender owned homes are listed with area agents and are available on MRIS.

Why are buyers focusing on the REO inventory? The simple reason is that is where the purchase bargains are being found. Lenders are highly motivated sellers and they reduce the prices until the properties are under contract.

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. First time home buyers need to move quickly to qualify for the currently available $8,000 tax credit. The settlement deadline to qualify for this incentive is November 30, 2009. Many of the lender owned foreclosures have deferred maintenance or repair requirements. Buyers that want to purchase fix-up properties should be learning about renovation financing such as the FHA 203(k) program.

We represent home buyers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties.

Market Report Monday

08-24-09
Tim McIntyre
Tim McIntyre: Real Estate Agent in Ellicott City, MD
Carroll County Market Update, July 2009
Click on Toggle Full Screen in the upper right hand corner to view this report. Facebook friends, click here.

If you have any questions about this report, feel free to give me a call, or click here to request more information.

Carroll County Market Indicators, July 2009

CARROLL COUNTY MD FORECLOSURES FOR SALE

08-23-09
Roy Kelley
Roy Kelley: Real Estate Agent in Gaithersburg, MD

CARROLL COUNTY MD FORECLOSURES FOR SALE

There are 45 lender owned foreclosures available for purchase in Carroll County MD

Click the following URL to see the report:

http://matrix.mris.com/Matrix/Public/EmailReport.aspx?ID=1638522519

When you are searching for homes in Maryland, you will want to use Homes Prospector at www.roykelley.com This is a service of MRIS, the regional multiple listing service, and you will find the most accurate up to date information on properties that are available for purchase. Foreclosures will be included in the results of your searches.

Most of the homes that are sold at trustee sale auctions at the court house entrance are purchased by the secured mortgage lenders. The lenders then offer the homes for sale when they become part of the REO inventory. All of the lender owned homes are listed with area agents and are available on MRIS.

Why are buyers focusing on the REO inventory? The simple reason is that is where the purchase bargains are being found. Lenders are highly motivated sellers and they reduce the prices until the properties are under contract.

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. First time home buyers need to move quickly to qualify for the currently available $8,000 tax credit. The settlement deadline to qualify for this incentive is November 30, 2009. Many of the lender owned foreclosures have deferred maintenance or repair requirements. Buyers that want to purchase fix-up properties should be learning about renovation financing such as the FHA 203(k) program.

We represent home buyers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. roykelley@mris.com

Follow me on Twitter: http://twitter.com/roykelley Many of our real estate blogs have links on Twitter and Facebook.

Recipient of the RE/MAX International Lifetime Achievement Award - 2008

CARROLL COUNTY MD REAL ESTATE TREND INDICATOR

08-14-09
Roy Kelley
Roy Kelley: Real Estate Agent in Gaithersburg, MD

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator - <$100K to >$5M Format

Carroll County, MD
From: 07/01/2009 to 07/31/2009 Statistics generated on: 08/06/2009

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop

Ground
Rent

Residential

Condo
Coop

Ground
Rent

of Units Sold
(No. of Units)

Under $100,000

1

1

0

0

2

6

1

8

1 -30 Days

46

$100,000 - 149,999

1

2

0

1

1

14

10

0

31-60 Days

16

$150,000 - 199,999

4

7

1

4

0

56

28

1

61 - 90 Days

14

$200,000 - 249,999

4

20

1

0

0

123

16

1

91-120 Days

15

$250,000 - 299,999

0

21

7

0

0

151

11

0

Over 120 Days

46

$300,000 - 349,999

0

12

6

0

0

139

6

0

Total

137

$350,000 - 399,999

0

5

8

0

0

131

2

0

$400,000 - 449,999

0

1

6

0

0

94

0

0

Type of Financing
of Units Sold
(No. of Units)

$450,000 - 499,999

0

0

3

0

0

92

0

0

$500,000 - 599,999

0

0

11

0

0

113

0

0

Conventional

54

$600,000 - 699,999

0

0

4

0

0

67

0

0

FHA

47

$700,000 - 799,999

1

0

2

0

0

38

0

0

VA

7

$800,000 - 899,999

0

0

0

0

0

18

0

0

Assumption

7

$900,000 - 999,999

0

0

0

0

0

14

0

0

Cash

18

$1,000,000 - 2,499,999

0

0

0

0

0

29

0

0

Owner Finance

0

$2,500,000 - 4,999,999

0

0

0

0

0

5

0

0

All Other

4

$5,000,000 & Over

0

0

0

0

0

1

0

0

Unreported

0

Totals

11

69

49

5

3

1091

74

10

Total

137

Grand Totals

137 1175
2009 2008 % Change
Total Sold Dollar Volume: $ 42,734,541 $ 40,271,632 6.12 %
Average Sold Price: $ 311,931 $ 330,095 - 5.50 %
Median Sold Price: $ 275,000 $ 314,000 - 12.42 %
Total Units Sold: 137 122 12.30 %
Average Days on Market: 125 134 - 6.72 %
Average List Price for Solds: $ 342,898 $ 360,461 - 4.87 %
Avg Sale Price as a
percentage of Avg List Price:
90.97 % 91.58 %
Total Number of NEW listings
taken for the month: 256

Total Number of Properties
marked Contract for the month: 113
Total Number of Properties
marked Contingent for the month: 48

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 161

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2009 - Information deemed reliable, but is not guaranteed.