Oxon Hill, Maryland 20745
Listing Details
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Oxon Hill, MD 20745

3 Beds | 3 Baths | 1,320 sq. ft.
Short Sale
Listing ID: 53041539

$229,000

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: $229,000
    • Bedrooms: 3
    • Bathrooms: 3
    • Full Baths: 2
    • Half Baths: 1
    • Living Area Size: 1,320
    • Basement: Yes
    • Total Square Feet: 1,320
    • Lot Size: 0.03 acres
    • Style: Colonial
    • Heating Type: Baseboard
    • Air Conditioning: Central A/C
    • Year Built: 2001
    • Description: Amazing Short Sale Opportunity in Oxon Hill!! Home is being sold in As-Is condition, seller will do no repairs. Three bedroom, 2.5 bath townhome in Oxon Hill. Stainless steel kitchen appliances, as well as stainless LG washer and dryer with two drawers. Sliding doors in kitchen open to deck. Finished basement (family room) with walk-out to fenced-in yard. Attached, front-entry garage. Close to National Harbor. Short Sale negotiated by experienced Attorney & transaction handled by experienced Short Sale Agent. Final Sales price contingent on 3rd party approval. Buyer to use sellers selected title company. 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: MDPG544332
    • Day(s) On Site: 57
  • Property Tax Roll
    • Subdivision: Sylvan Heights Plat 1>
    • School District: PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
    • Property Type: Townhouse
  • County Tax Roll
    • Baths: 2.5
    • Full Baths: 2
    • Half Baths: 1
    • No. of Stories: 2 STRY W/BSMT
    • Parking: BASEMENT GARAGE
    • Parking Sqft: 300
    • Air Conditioning: SPLIT SYSTEM
    • Fireplaces: 1 STORY FRAME
    • Exterior Wall Type: FRAME
    • Heating Type: HOT AIR
    • Roof Material: COMPOSITION SHINGLE
    • Land Area Sqft: 1,500
    • Year Built: 2001
    • APN: 0087-B4-000-000A-00026
    • Property Type: Single Family Residence
    • Township: OXON HILL
    • Living Sqft: 1,320
    • Garage: BASEMENT - 1 CAR
    • Style: TOWNHOUSE
    • Subdivision: SYLVAN HEIGHTS 02
  • AVM Report
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  • County Information
  • Document Center
  • Mortgage Information
    • Estimated Monthly Payment: Payments as low as $1,203 per month
    • Monthly Payment Disclaimer:

      Based on a 30 year fixed-rate of

      5.75% with $22,900 (10%) down.

      Check rates now!
Listing History
Start Date End Date Listing Type  
09/21/19 10/13/19 Foreclosure View now
01/31/14 01/31/15 Bankruptcy View 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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