Baltimore, Maryland 21234
Listing Details
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Baltimore, MD 21234

3 Beds | 1 Bath | 1,336 sq. ft.
Short Sale
Listing ID: 52473751

$165,000

Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value. Existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons. For more check out 'First Steps' below.
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  • Property Information
    • Price: $165,000
    • Bedrooms: 3
    • Bathrooms: 1
    • Full Baths: 1
    • Living Area Size: 1,336
    • Basement: Yes
    • Total Square Feet: 1,596
    • Lot Size: 0.11 acres
    • Style: Cape Cod
    • Heating Type: Forced Air
    • Air Conditioning: Ceiling Fan(s)
    • Year Built: 1948
    • Description: This is an Amazing Short Sale, Bank-Approved List Price Opportunity in Parkville! Cape Cod style single family home with 3 bedrooms and 1 full bathroom, many updates made to the property. Home is being sold in As-Is condition, seller will do no repairs. Appliances that are in the home convey, basement is partially finished with plenty of storage. Short Sale processed by experienced company. Buyer to use sellers title company, experienced short sale attorney involved. Final Sales price contingent on 3rd party approval. Copyright 2019 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
    • Source ID: MDBC457992
    • Day(s) On Site: 131
  • Property Tax Roll
    • Subdivision: Harford Park
    • School District: BALTIMORE COUNTY PUBLIC SCHOOLS
    • Elementary School: VILLA CRESTA
    • Junior High School: PARKVILLE
    • Senior High School: PARKVILLE
    • Property Type: Single Family Dwelling
  • County Tax Roll
    • Baths: 1
    • Full Baths: 1
    • No. of Stories: 1 1/2 STRY W/BSMT
    • Air Conditioning: SPLIT SYSTEM
    • Exterior Wall Type: ALUMINUM/VINYL
    • Heating Type: HOT AIR
    • Roof Material: COMPOSITION SHINGLE
    • Land Area Sqft: 4,800
    • Year Built: 1948
    • APN: 081-01-00785-007-0066
    • Property Type: Single Family Residence
    • Township: 09
    • Front Footage: 40
    • Depth Footage: 120
    • Living Sqft: 1,336
    • Style: CONVENTIONAL
    • Sewer Type: PUBLIC
    • Water Type: PUBLIC
    • Subdivision: HARFORD PARK
  • AVM Report
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  • County Information
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  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $867 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $16,500 (10%) down.

      Check rates now!
  • Contact Information
    • Agent Company: Cummings & Co. Realtors
    • Agent Name: Daniel Mcdevitt
    • Agent Company Address: 9607 BELAIR ROAD
    • Agent Company City: PERRY HALL
    • Agent Company State: MD
    • Agent Company Zip: 21236
    • Agent Company Phone: (410) 823-0033
    • Agent Company Email: Email Now
    • Agent Phone: (410) 823-0033
    • Agent Email: Email Now

FIRST STEPS:

Short Sales

You've identified an ideal short sale property. Now what? Short sale properties represent tremendous opportunity to you as a buyer because they are aggressively priced to sell well below or just at fair market value.

Read more

Indeed, the existing homeowners are typically distressed and eager to sell for less than what is owed on their mortgages. They are "underwater" and either can no longer afford their mortgage payments or are simply unwilling to continue to make them for various reasons.

On the flip side, lenders are often willing to agree to sale prices that are considerably less than what is owed on the current mortgages because the alternative is foreclosure, a costly, complicated and expensive process that will most likely only clog their non-performing asset pipeline further.

Therefore, once you identify a desirable short sale property, it's important to contact a local licensed real estate professional - or the listing agent - who can walk you through the negotiation and purchase process.

You need to act fast!

That's because short sales are time-sensitive. In addition, it's not a "traditional" transaction, meaning that it often takes longer - about four to six months on average - to close a deal.

But, more often that not, it's well worth the wait ... literally and figuratively.

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