Silver Spring, Maryland 20906
Listing Details
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Silver Spring, MD 20906

2 Beds | 1 Bath | 1,035 sq. ft.
Foreclosure
Listing ID: 52542132

$94,900

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices. For more check out 'First Steps' below.
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  • Property Information
    • Price: $94,900
    • Bedrooms: 2
    • Bathrooms: 1
    • Full Baths: 1
    • Living Area Size: 1,035
    • Style: New Traditional
    • Exterior: Brick Veneer
    • Heating Type: Heat Pump
    • Air Conditioning: Central A/C
    • Utilities: Electric
    • Sewer Type: Public
    • Year Built: 1967
    • Description: This is a Fannie Mae HomePath property. First time owners must complete the HomePath buyer ready course and received up to 3% closing help. The certificate must be uploaded with your initial offer. Loads of outdoor parking plus your own storage bin in the building. Building is not locked. Great Coop Unit with Lovely Enclosed Balcony with great view of the grounds. No investors, Coop requires unit be owner occupied. Coop fee includes all utilities plus basic cable. Transfer and Recordation taxes are 100% to the buyer.
  • Property Tax Roll
    • Tax Year: 2018
    • Subdivision: Montgomery Mutual Coop
    • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
    • Property Tax: $846
    • Property Type: Condo
  • MLS Information
    • MLS Number: MDMC663272
  • Foreclosure Information
    • Source Status: Active
  • AVM Report
  • NEW Credit Information Center
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  • County Information
  • Document Center
  • Data Provider
    • Data Provider Description: Fannie Mae has a wide selection of properties for sale, including single-family homes, condominiums and townhouses, which are located in a variety of neighborhoods in all corners of the United States.
Listing History
Start Date End Date Listing Type  
02/13/19 02/28/19 Preforeclosure View now
02/07/19 02/28/19 Preforeclosure View now
01/17/19 02/28/19 Preforeclosure View now
  • Contact Information
    • Agent Company: Rosselle Realty Services, Inc.
    • Agent Name: Faith Rosselle
    • Agent Company Phone: (202) 369-5179
    • Agent Address: 17810 MEETING HOUSE RD #325
    • Agent City: Ashton sandy Spring
    • Agent State: MD
    • Agent Zip: 20860
    • Agent Phone: (301) 570-9300
    • Agent Email: Email Now
    • Agent Website: Click Here

FIRST STEPS:

Foreclosures

You've identified an ideal foreclosure property. Now what?

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Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers.

A property will most likely be listed with a Realtor® who can assist you with submitting an offer.

Contact the listing broker's office as soon as possible to learn about how to visit the property, make offers, and close a transaction. For your convenience, this contact information is located to your left under the property's "Contact Information" header.

This is a big investment. Therefore, learn as much as you can about the property, lender, loan amount and expenses the lender wants to recover.

Once you've gathered this information, it's time to make an informed offer.

Always keep in mind that the seller's primary objective is to recover the amount of the loan balance that was not paid by the previous homeowner, as well as the costs of the foreclosure action and other expenses.

However, the longer lenders own properties, the more eager they become to sell them, often at reduced prices.

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