Severn, Maryland 21144
Listing Details
Photos (21) / Map

Click for complete address
Severn, MD 21144

3 Beds | 3 Baths | 1,261 sq. ft.
Short Sale
Listing ID: 54861090

$249,900

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.
Sign Up Now!
  • Property Information
    • Price: $249,900
    • Bedrooms: 3
    • Bathrooms: 3
    • Full Baths: 2
    • Half Baths: 1
    • Living Area Size: 1,261
    • Basement: Yes
    • Total Square Feet: 1,880
    • Lot Size: 0.04 acres
    • Style: Colonial
    • Heating Type: Forced Air
    • Air Conditioning: Central A/C
    • Year Built: 1993
    • Description: Short Sale, 3rd Party Approval Required. This home is being priced below market value to account for the condition, the home needs TLC, mainly carpet, patch and paint. Cute home, Newer windows, Granite counters, Pergo flooring. Ideal property for a 1st time home buyer that is not afraid of a little sweat equity or investor looking for a rental in a great community, close to Fort Meade,shopping, excellent commuter location. Check with your lender on FHA compliance. Copyright 2020 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: MDAA420294
    • Days On Site: 74
  • Property Tax Roll
    • Subdivision: Quail Run
    • School District: ANNE ARUNDEL COUNTY PUBLIC SCHOOLS
    • Property Type: Townhouse
  • County Tax Roll
    • Baths: 1.5
    • Full Baths: 1
    • Half Baths: 1
    • No. of Stories: 2 STRY W/BSMT
    • Air Conditioning: SPLIT SYSTEM
    • Exterior Wall Type: ALUMINUM/VINYL
    • Heating Type: HOT AIR
    • Roof Material: COMPOSITION SHINGLE
    • Land Area Sqft: 1,866
    • Year Built: 1993
    • APN: 014-06-00563-000-0099
    • Property Type: Condominium
    • Township: 4
    • Living Sqft: 1,261
    • Style: TOWNHOUSE
    • Sewer Type: PUBLIC
    • Water Type: PUBLIC
    • Subdivision: QUAIL RUN
  • AVM Report
  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $1,313 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $24,990 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
02/05/20 02/18/20 Preforeclosure View now
02/04/20 02/25/20 Preforeclosure View now
02/01/20 02/18/20 Preforeclosure View now
01/19/11 03/20/11 Preforeclosure View now
  • Contact Information
    • Agent Company: Redfin Corp
    • Agent Name: Maulik Dave
    • Agent Company Address: 540 Gaither ROAD
    • Agent Company City: Rockville
    • Agent Company State: MD
    • Agent Company Zip: 20850
    • Agent Company Phone: (301) 658-6186
    • Agent Company Email: Email Now
    • Agent Phone: (301) 658-6186
    • 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.

Close