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Point of Rocks, MD

FREDERICK COUNTY REO BARGAIN - 1738 CONRADS FERRY RD, POINT OF ROCKS, MD 21777

09-02-08
Roy Kelley
Roy Kelley: Real Estate Agent in Gaithersburg, MD

REO BARGAIN - POINT OF ROCKS, MARYLAND

September 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

1738 CONRADS FERRY RD, POINT OF ROCKS, MD 21777


CANAL RUN - 3 BEDROOMS/2.5 BATHS - GAS HEAT - DOUBLE GARAGE

$272,700

Photo

PREVIOUS TRANSFER DATE AND PRICE: 03-Jun-2005 $362,500

PUBLIC RECORDS

Tax Year 2008


TOTAL TAX BILL: $3,842 City Tax: Tax Levy Year: 2008
State/County Tax: $3,423 Refuse: Tax Rate: 1.05
Special Tax: $418 Homestd/Exempt Status: Exempt Class: 000
Front Foot Fee: Tax Class: Mult Class:



ASSESSMENT

Year Assessed
Total Tax Value
Land
Improvement
Land Use
2008 $326,666 $127,860 $240,950