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INDYMAC BANK REO BARGAIN - GAITHERSBURG, MARYLAND - MONTGOMERY COUNTY
Fall home buyers need to watch the inventory of lender owned homes. The lenders have a surplus inventory of foreclosed homes and are highly motivated to sell them before the winter season. Prices are reduced until the homes are under contract. It is a good time to make offers. Let us show you how to be the successful purchaser of a REO property.
Many families are using FHA financing for the low cash requirement and easier underwriting requirements. Recent changes by the White House made FHA even more attractive for use when purchasing lender owned homes. Buyers need to be pre-qualified for financing. Ask us for the name of a loan officer.
We represent buyers as their exclusive agents. Let us know if you would like to receive our client reports on lender owned homes in Frederick County and Montgomery County, MD. roykelley@mris.com
| 3 OXLEY SQUARE RD, GAITHERSBURG, MD 20877 | |||
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SAYBROOKE - 4 BEDROOMS/2.5 BATHS - $362,900 |
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| PREVIOUS TRANSFER DATE AND PRICE: 30-Dec-2005 | $480,000 |
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PUBLIC RECORDS PROVIDED BY MRIS Tax Fiscal Year 2008 Estimated property tax and non-tax charges in first full fiscal year of ownership. |
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| TOTAL EST. CHARGES: $5,400 | City Tax: 924.13 | Tax Year: 2008 | |||||||||||||||||||||||
| State/County Tax: $3,221 | Refuse: | Base Tax Rate: 0.74 | |||||||||||||||||||||||
| Special Tax: $940 | Homestd/Exempt Status: | Exempt Class: 000 | |||||||||||||||||||||||
| Front Foot Fee: $222 | Tax Class: 49 | Mult Class: | |||||||||||||||||||||||
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We placed a foreclosure on the market last week in Montgomery County, Gaithersburg to be exact, and I'm pleased to announce that the property is already under contract! From time of listing to time of contract was only 3 days!
This was an exceptional rehab project on Cottage Hill Ct. that was listed for $275,000. We received multiple offers, and now we're off to get the contract to settlement! Rehab projects like this are always fun to list because, provided that they are priced right, they see a lot of activity and should be able to sell quickly!
It's obvious from the multiple offers we got that there is a strong interest in the market from investors, and it's good news for the market in general that homes are still moving.
If you're looking to buy a sell a home in the near future, contact Team Benya at 301-653-8116 for a no-cost analysis of the market, and see what it takes to get your home sold fast!
~Thomas Benya
Century 21 New Millennium
9405-A Chesapeake St
La Plata, MD 20646
301-609-9000
301-653-1499
Waldorf and Southern Maryland Real Estate
www.teambenya.com
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