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Silver Spring, MD 20902

3 Beds   3 Baths   1,640 sq. ft. sq. ft.   Single-Family

$300,000

Status: Inactive

Listing ID: 50274180

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Property Information

  • Price: $300,000
  • Bedrooms: 3
  • Bathrooms: 3
  • Full Baths: 2
  • Half Baths: 1
  • Living Area Size: 1,640
  • Basement: Yes
  • Lot Size: 0.26 acres
  • Style: Split Level
  • Heating Type: Forced Air
  • Air Conditioning: Central A/C
  • Year Built: 1957
  • Comments: Listing Status: Pending
  • Source ID: 1000159109
  • Days On Site: 994
  • Subdivision: Arville
  • Elementary School: ARCOLA
  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Junior High School: COL. E. BROOKE LEE
  • Senior High School: NORTHWOOD
  • Property Type: Single Family Dwelling
  •  

Public Records

  • Baths: 2.5
  • Full Baths: 2
  • Half Baths: 1
  • No. of Stories: 1 STRY W/BSMT
  • Basement Sqft: 350
  • Air Conditioning: SPLIT SYSTEM
  • Exterior Wall Type: BRICK
  • Heating Type: HOT AIR
  • Roof Material: COMPOSITION SHINGLE
  • Land Area Sqft: 11,377
  • Year Built: 1957
  • APN: JQ22-0000-0000-0002-0003
  • Property Type: Single Family Residence
  • Township: 13
  • Living Sqft: 1,640
  • Style: SPLIT LEVEL
  • Sewer Type: PUBLIC
  • Subdivision: ARVILLE

Short Sale

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.

    Contact Information

  • Agent Company: Fairfax Realty Advantage
  • Agent Name: Johnny Diaz
  • Agent Company Address: 2403 RESEARCH BOULEVARD
  • Agent Company City: ROCKVILLE
  • Agent Company State: MD
  • Agent Company Zip: 20850
  • Agent Company Phone: (301) 881-9800
  • Agent Company Email: Email Now
  • Agent Phone: (301) 881-9800
  • Agent Email: Email Now

    Mortgage Information

  • Estimated Monthly Payment: Payments as low as $1,576 per month
  • Monthly Payment Disclaimer:

    Based on a 30 year fixed-rate of

    5.75% with $30,000 (10%) down.

    Check rates 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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foreclosure.com

Yates St
Silver Spring, MD 20902

3 Beds   3 Baths   1,640 sq. ft. sq. ft.   Single-Family

$300,000

Status: Inactive Listing ID: 50274180

Property Information

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Public Records

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Property Description

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Listing URL

https://www.foreclosurefreesearch.com/listing/index.html?&listingid=50274180