Berwyn Heights, Maryland 20740
Listing Details
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Berwyn Heights, MD 20740

6 Beds | 5 Baths | 2,830 sq. ft.
Short Sale
Listing ID: 52573259

$448,996

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: $448,996
    • Bedrooms: 6
    • Bathrooms: 5
    • Full Baths: 5
    • Living Area Size: 2,830
    • Basement: Yes
    • Total Square Feet: 3,537
    • Lot Size: 0.38 acres
    • Style: Colonial
    • Fireplace: Yes
    • Heating Type: Fireplace
    • Air Conditioning: Central A/C
    • Year Built: 1956
    • Description: Endless possibilities 6 Bedrooms. 5 Full Bathrooms, A Designer Fireplace, Main Floor Bedrooms, A very Spacious Master Suite; This home is customized for your every need, it just needs a lot of TLC, your input will pay off tremendously. The full basement has a separate in-law apartment attached to it. A large eat-in kitchen with open concept living room with dining area attached. A beautiful front and back yard for family fun. The basement offers space to be finished as a second family room area, utility area, with space to make entertaining effortless. An assisted living or group home would be an excellent idea. This is a short sale. The property is being sold "As Is"! 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.
    • Comments: Listing Status: Pending
    • Source ID: MDPG532416
    • Day(s) On Site: 155
  • Property Tax Roll
    • Subdivision: Berwyn Heights
    • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
    • Property Type: Single Family Dwelling
  • County Tax Roll
    • Baths: 2
    • Full Baths: 2
    • No. of Stories: 2 STRY W/BSMT
    • Fireplaces: 2 STORY FRAME
    • Exterior Wall Type: FRAME
    • Heating Type: HOT AIR
    • Roof Material: COMPOSITION SHINGLE
    • Land Area Sqft: 16,638
    • Year Built: 1956
    • APN: 0034-B1-000-0041
    • Property Type: Single Family Residence
    • Township: BERWYN HEIGHTS
    • Living Sqft: 2,830
    • Style: CONVENTIONAL
    • Sewer Type: PUBLIC
    • Subdivision: BERWYN HEIGHTS
  • AVM Report
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  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $2,358 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $44,900 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
09/12/19 09/24/19 Preforeclosure View now
12/26/13 12/26/14 Bankruptcy View now
03/09/12 03/09/13 Bankruptcy View now
08/11/10 08/11/11 Bankruptcy View now
  • Contact Information
    • Agent Company: Realinvestors Real Estate Services, LLC
    • Agent Name: Stephanie Terry
    • Agent Company Address: 16000 Trade Zone AVENUE
    • Agent Company City: Upper Marlboro
    • Agent Company State: MD
    • Agent Company Zip: 20774
    • Agent Company Phone: (301) 850-3012
    • Agent Company Email: Email Now
    • Agent Phone: (301) 850-3012
    • 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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