Baltimore, Maryland 21234
Listing Details
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Baltimore, MD 21234

3 Beds | 2 Baths | 1,244 sq. ft.
Short Sale
Listing ID: 52392745

$119,000

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: $119,000
    • Bedrooms: 3
    • Bathrooms: 2
    • Full Baths: 1
    • Half Baths: 1
    • Living Area Size: 1,244
    • Basement: Yes
    • Total Square Feet: 1,244
    • Lot Size: 0.14 acres
    • Style: Bungalow
    • Heating Type: Hot Water
    • Air Conditioning: Ceiling Fan(s)
    • Year Built: 1932
    • Description: Perfect property for an owner who wants to use a renovation loan or an investor looking to renovate and hold or sale. Not a lot to do to make this the best renovation. Great investment on an attractive street in the Parkville area. This home has lots of space! Finish the basement to increase the square footage and living space and/or configure the already finished top attic area to add a 4th bedroom or loft area. Perfect location, great property to add your own touches to. The 3rd party approval has already been started by a professional short sale team that gets the job done. Submit your offer. Don~t miss this opportunity. 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: MDBA464138
    • Day(s) On Site: 153
  • Property Tax Roll
    • Subdivision: Baltimore/Parkville
    • School District: BALTIMORE CITY PUBLIC SCHOOLS
    • Elementary School: WOODHOME ELEMENTARY-MIDDLE SCHOOL
    • Junior High School: WOODHOME
    • Property Type: Single Family Dwelling
  • County Tax Roll
    • Baths: 1.5
    • Full Baths: 1
    • Half Baths: 1
    • No. of Stories: 2 STRY W/BSMT
    • Exterior Wall Type: FRAME
    • Heating Type: RADIANT HOT WATER
    • Roof Material: COMPOSITION SHINGLE
    • Land Area Sqft: 6,072
    • Year Built: 1932
    • APN: 5542-036
    • Property Type: Single Family Residence
    • Township: 27
    • Front Footage: 45
    • Depth Footage: 135
    • Living Sqft: 1,244
    • Style: CONVENTIONAL
    • Subdivision: HARFORD HEIGHTS SEC A
  • AVM Report
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  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $625 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $11,900 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
05/20/13 11/18/13 Tax Lien View now
03/12/08 06/03/08 Preforeclosure View now
  • Contact Information
    • Agent Company: Keller Williams Preferred Properties
    • Agent Name: Darsheika Giles
    • Agent Company Address: 1441 McCormick DRIVE
    • Agent Company City: Upper Marlboro
    • Agent Company State: MD
    • Agent Company Zip: 20774
    • Agent Company Phone: (240) 737-5000
    • Agent Company Email: Email Now
    • Agent Phone: (240) 737-5000
    • 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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