About Washington County, MD

WASHINGTON COUNTY MD TRUSTEE SALES - ALEX COOPER AUCTIONEERS

This has been a busy year for foreclosure sales. Home buyers are looking for bargain prices. Trustee sales are open to the public and all qualified bidders. These auctions are ordered by the secured mortgage lenders when borrowers default on their payment obligations. The indicated deposits must be in cash or certified funds. Most of the bidders use cashier's checks payable to themselves. Prospective bidders should carefully read the newspaper advertisements that appear for three weeks before the sales dates. If you do have experience and know the risks, seek professional advice before placing any bids at these auctions.

Always check for cancellations since bankruptcy filings or reinstatements may stop sales. Normally, these properties are not offered for inspection. Purchasers that plan to use mortgage financing should obtain a pre-approval letter from their mortgage lender. The lender needs to know that the property is being purchased in "as-is"condition and repairs may be required. Appraisers may not be able to access the interiors.

In the current market, the secured lenders are purchasing most of the homes that are sold. The lenders then offer the properties for sale when they become part of the REO inventory. We provide client reports on available REO properties. We represent home buyer clients as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. roykelley@mris.com

Visit www.alexcooper.com for a full schedule of their auctions.

Tuesday, December 8, 2009
Washington County

1:55 PM - 503 Chestnut St., Hagerstown, 21740 Dep. $19,000. RA

1:57 PM - 13555 Pulaski Drive, Hagerstown, 21742 Dep. $32,500. F&M

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 95 W. WASHINGTON ST., HAGERSTOWN, WASHINGTON CO.

Wednesday, December 9, 2009
Washington County

12:45 PM - 141 S. Mulberry St., Hagerstown, 21740 Dep. $21,000. BGW

12:45 PM - 11423 Englewood Rd., Hagerstown, 21740 Dep. $14,000. MWC

12:46 PM - 18313 Roycroft Dr., Hagerstown, 21740 Dep. $18,000. BGW

12:47 PM - 210 & 212 N. Potomac St., Hagerstown, 21740 Dep. $21,000. BGW

12:48 PM - 13902 Pontius La., Hagerstown, 21740 Dep. $31,000. BGW

12:49 PM - 11018 Shalom La., Hagerstown, 21742 Dep. $65,000. BGW

12:50 PM - 20148 Rohrersville School Rd., Rohrersville, 21779 Dep. $11,000. BGW

12:51 PM - 4336 Sharmans Run, Sharpsburg, 21782 Dep. $28,000. BGW

12:52 PM - 308 1/2 310 Jonathan St. a/r/t/a 308 1/2 & 310 N. Jonathan St., Hagerstown, 21740 Dep. $22,000. BGW

THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 95 W. WASHINGTON ST., HAGERSTOWN, WASHINGTON CO.

WASHINGTON COUNTY MD FORECLOSURES & SHORT SALES

There are 89 lender owned foreclosures (REO) available for purchase in Washington County MD Click on the listing number for full details on each property. Sort by column headings.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-95544584-28

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.

What about the bargains in the inventory of short sale listings? These transactions take longer since they require third party approval. The secured lenders must agree to the contract terms since the proceeds will not fully cover the mortgage balances. More frustrations are to be expected since many of the lenders fail to approve the sales. These properties are sometimes described as pre-foreclosures.

118 active short sale listings are available in Washington County.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-95544653-5

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. Please ask for a referral if you do not have an existing relationship with a mortgage lender.

Do you qualify for the new tax credit? The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program: http://www.federalhousingtaxcredit.com/glance.php

New Home Buyer Tax Credit Video:

http://www.youtube.com/watch?v=1leN8E8BKTo

Real Estate Investors Zero In on Short Sale Homes Video:

http://www.youtube.com/watch?v=ZMUZSPSrtuI&feature=related

WASHINGTON COUNTY MD FORECLOSURES & SHORT SALES

There are 90 lender owned foreclosures (REO) available for purchase in Washington County MD Click on the listing number for full details on each property. Sort by column headings.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-95378855-723

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.

What about the bargains in the inventory of short sale listings? These transactions take longer since they require third party approval. The secured lenders must agree to the contract terms since the proceeds will not fully cover the mortgage balances. More frustrations are to be expected since many of the lenders fail to approve the sales. These properties are sometimes described as pre-foreclosures.

121 active short sale listings are available in Washington County.

Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-95378871-354

All home buyers that plan to use mortgage financing should obtain pre-approval for financing as the first step in the purchase process. Please ask for a referral if you do not have an existing relationship with a mortgage lender.

Do you qualify for the new tax credit? The Home Buyer Tax Credit now includes current home owners as well as first time buyers. This link provides the highlights of the program: http://www.federalhousingtaxcredit.com/glance.php

New Home Buyer Tax Credit Video from RE/MAX. Please share with family and friends: http://www.youtube.com/watch?v=1leN8E8BKTo

Real Estate Investors Zero In on Short Sale Homes. RE/MAX Video: http://www.youtube.com/watch?v=ZMUZSPSrtuI&feature=related

WASHINGTON COUNTY MD TRUSTEE SALES, TIDEWATER AUCTIONS

Maryland foreclosures are in the form of trustee sales that are conducted at the county court houses. Trustee sales auctions are open to the public and all qualified bidders. Prospective buyers should carefully read the newspaper advertisements for the terms and conditions of the sales. The indicated deposits must be in cash or certified funds. Those without experience or knowledge of the risks should seek professional advice.

Most of the homes that are sold at trustee sales are acquired by the secured mortgage lenders. The lenders then offer the properties for sale when they become part of the REO inventory. Contact us for client reports on available lender owned foreclosures. We represent home buyer clients as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. roykelley@mris.com

Visit www.tidewaterauctions.com for their full schedule of trustee sales and for cancellations.

Sale Date Time Property Address Deposit County Map

WASHINGTON COUNTY MD TRUSTEE SALES - THE FISHER LAW GROUP

The Fisher Law Group is advertising trustee sales in the county. Visit their website for details and the full auction schedule: http://www.first-legal.com/salelist/sales.html

Trustee sales are open to the public and all qualified bidders. These are auctions that are ordered by the secured lenders when borrowers default on their mortgage obligations. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date. The indicated deposits must be in the form of cash or certified funds. Most of the bidders obtain cashier's checks that are payable to themselves. Always check for cancellations before attending trustee sales. Seek professional advice if you do not have full knowledge of the risks. Since these transactions are not conditioned on the availability of mortgage financing, buyers should always have written pre-approval for financing with disclosure to the lender that the property is being purchased in 'as-is" condition. Generally, trustee sale properties are not offered for inspection.

The secured lenders are buying in most of the properties that are sold at the court house auctions. The lenders then offer the homes for sale to the public when they become part of the REO inventory. Contact us for client reports on lender owned homes that are available for purchase. We represent home buyers as their exclusive agents in the Maryland suburbs of Washington DC and nearby counties. roykelley@mris.com