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, November 10, 2009
Washington County

1:50 PM - 11919 Gardenia Court, Hagerstown, 21740 Dep. $24,000. F&M THE ABOVE SALE(S) TO BE HELD AT THE COURTHOUSE DOOR, 95 W. WASHINGTON ST., HAGERSTOWN, WASHINGTON CO.

Friday, November 13, 2009
Washington County

12:39 PM - 14113 Kellen Dr., Hagerstown, 21740 Dep. $45,000. BGW

12:40 PM - 17630 Gettysburg Way, Hagerstown, 21740 Dep. $24,000. BGW

12:41 PM - 18336 Roycroft Dr., Hagerstown, 21740 Dep. $21,000. BGW

12:42 PM - 20524 Wilderness Run Rd., Boonsboro, 21713 Dep. $72,000. BGW

12:43 PM - 7811 Sharpsburg Pike, Boonsboro, 21713 Dep. $19,000. BGW

12:44 PM - 19707 Marigold Dr., Hagerstown, 21742 Dep. $25,000. BGW

12:45 PM - 211 Tiger Way, Boonsboro, 21713 Dep. $30,000. ALG

12:55 PM - 718 Marshall St., Hagerstown, 21740 Dep. $13,000. MWC

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

WASHINGTON COUNTY MD TRUSTEE SALES - HARVEY WEST AUCTIONEERS

Harvey West Auctioneers has scheduled Maryland trustee sales.

Trustee sales auctions are open to the public and all qualified bidders. These sales are foreclosures by the secured mortgage lenders. Buyers should carefully read the newspaper advertisements that appear for three weeks before the sale date. The required deposits must be in the form of cash or certified funds. Most of the bidders use cashier's checks that are payable to themselves and endorse the checks when they are successful. 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. Normally, the properties are not offered for inspection.

The secured mortgage 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

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 REO & SHORT SALES REPORT

There are 70 lender owned foreclosures (REO) available for purchase in Washington County MD

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

http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-93232790-675

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.

117 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-93232808-665

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. Legislation to extend this program has not yet been approved.

WASHINGTON COUNTY MD REO & SHORT SALES REPORT

There are 69 lender owned foreclosures (REO) available for purchase in Washington County MD

Click the following URL to see the listings. Click on the listing number for full details on each property. Sort by column headings. http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-92959038-38

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.

118 active short sale listings are available in Frederick County. Click the following URL to see the listings:
http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-92959186-720

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.