Montgomery Village, MD Real Estate News

By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
A Short Sale can be enhanced with the HAFA Program. What are the qualifications to get into the "HAFA" Program ?   {Home Affordable Foreclosure Alternative} Qualifying for HAFA? A loan must meet the basic eligibility criteria for HAFA if all of the following conditions should be met: The property is the borrower’s principal residence. The mortgage loan is a first lien mortgage originated on or before January 1, 2009. The mortgage is delinquent or default is reasonably foreseeable. The current unpaid principal balance is equal to or less than $729,7501 for a single family property; $934,200 for a  two unit property; $1,129,350 for a three unit property or $1,403,400 for a four unit property.  The borrower’s total monthly mortgage exceeds 31 percent of the borrower’s gross income.     You...
Comments 1
By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
  Do You Have To Accept "ANY" Loan Modification? You have the option of negotiating with the bank and accepting or not accepting the terms that they offer you for in a loan modification. If the terms are not designed to help you, by all means do not sign just any agreement  offered to you. You new  payments have to match your budget period. . over-extending yourself will only have one goal. . to go back where you are starting now.    What is a Loan Modification? A loan modification is one of the best options available for homeowners and lenders alike. Loan modification is a long-term solution that will help the borrower make their loan payments and stay in their home. A loan modification can  be accomplished by decreasing the interest rate, or if an adjustable rate, changing it to a fi...
Comments 1
Montgomery Village, MD 20886 Homes For Sale For $250,000 Or Less - 98 Properties   Active Listings, Short Sales, REO Listings Of Lender Owned Foreclosures   Investor Alert - Please contact us if you need a report like this for another zip code.    Blooming for you in Montgomery County. Life is good in Maryland! What is available in homes for sale for $250,000 or less?   This is a question that is being asked by real estate investors as they seek to build their rental portfolios. Homes in the area make good rental properties because of the convenience to employment centers, shopping and public transportation. And, the schools have an outstanding reputation. Many are pleased to find that there is a very good selection of homes for sale below the $250,000 price level.   This is what is ava...
Comments 2
By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
All Homes and Condos For Sale in Montgomery Village Maryland 20886   ***Including all SHORT SALES AND FORECLOSURES ALL-HERE***                     Where can you find a Free List Of Foreclosures? For Montgomery Village and Anywhere in Montgomery County JUST GO HERE www.HERBOSO.com Apple Ridge,Charlene,Christopher Court,ClubsideFairidge, Fairway Island, Goshen Overlook, Holly PointeKingspoint, McKendrie,McRory,Meadowgate,Mills Choice,Nathans Hill,Normandiender Montgomery Village)Stewart Town,Suffolk Place,Thomas Choice West,Walkers Choice,Walkers Ridge,Watkins Mill and W On Lake,Overlea,Partridge PlacePrathertown,Ridgefield,Rosewood Estates,Salems Grant,Shadow Oak, Stedwick.   www.Herboso.com  Foreclosures in Montgomery County
Comments 0
By Roy Kelley
(Realty Group Referrals)
Montgomery Village Homes For Sale - Home Buyer Warning Home owners and prospective buyers need to understand the dynamics of the current residential real estate market. All real estate is local and it pays to examine the market in specific communities and neighborhoods before listing a home for sale or making an offer on an available property.  Blooming for Montgomery Village home buyers. Today, there are 167 homes for sale in Montgomery Village, in Montgomery County, Maryland. If you exclude the short sale pre-foreclosures and the lender owned foreclosures, there are 78 active listings for consideration. These are the normal listings by home owners that are moving to other homes. Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=113592...
Comments 1
Montgomery Village, MD 20886 Zip Code Home Sales Statistics   The following residential sales statistics are for the past month and are compared with the same month last year. There were 73 new listings of homes for sale and 62 homes for sale went to pending new contracts. The sold dollar volume for the zip code was down 8.73% from last year. The number of homes sold and settled was 45 from 50 last year. The average time on the market was 45 days from 88 days last year. The average sale price was 94.98% of the average list price. The average sold price was $207,549. The median sold price was $180,000.      Please contact us if you wish to receive statistics for another zip code.  Blooming for Maryland home buyers. RealEstate Business Intelligence, LLC.ZIP Code Statistics - Higher Price ...
Comments 1
Montgomery Village, MD 20866 Zip Code Home Sales Statistics     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 74 new listings of homes for sale and 54 homes for sale went to pending new contracts. The sold dollar volume for the zip code was down 12.38% from last year. The number of homes sold and settled was 40 from 55 last year. The average time on the market was 52 days from 116 days last year. The average sale price was 93.9% of the average list price. The average sold price was $262,153. The median sold price was $228,500.      Please contact us if you wish to receive statistics for another zip code.  Blooming for home buyers th...
Comments 0
By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
Search for Homes and Condos For Sale in Montgomery Village Maryland 20886 HERE                               Homes and Condos For Sale in                               Montgomery Village Maryland  Stats FOR ALL Homes for Sale in Montgomery Village                             Maryland 20886 Market Report for all the market activity  for the following neighborhoods in: Montgomery Village 20886 Apple Ridge,Charlene,Christopher Court,ClubsideFairidge, Fairway Island, Goshen Overlook, Holly Pointe Kingspoint, McKendrie,McRory,Meadowgate,Mills Choice,Nathans Hill,Normandie On Lake,Overlea,Partridge Place Prathertown,Ridgefield,Rosewood Estates,Salems Grant,Shadow Oak, Stedwick (a neighborhood under Montgomery Village) Stewart Town,Suffolk Place,Thomas Choice West,Walkers Choice,Walkers Ridge...
Comments 0
Montgomery Village, MD Homes For Sale For $250,000 Or Less   Active Listings, Short Sales, REO Listings Of Lender Owned Foreclosures - Montgomery County   Investor Alert - Please contact us if you need a report like this for another zip code.    Blooming for Maryland real estate investors. What is available in homes for sale for $250,000 or less?   This is a question that is being asked by real estate investors as they seek to build their rental portfolios. Homes in the area make good rental properties because of the convenience to employment centers, shopping and public transportation. And, the schools have an outstanding reputation. Many are pleased to find that there is a very good selection of homes for sale below the $250,000 price level.   This is what is available today:   If you...
Comments 2
By Roy Kelley
(Realty Group Referrals)
 Montgomery Village, MD Lender Owned Foreclosures 16 lender owned foreclosures are included in the current inventory of homes for sale in Montgomery Village. Good opportunities for home buyers and real estate investors.  Blooming for home buyers in Montgomery County, Maryland. Click the following URL to see the listings:http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=1135923XDLVP&p=DE-115695419-976 All prospective home buyers and investors that plan to use mortgage financing should have a pre-approval letter in hand from their mortgage lender. Many will need to obtain more than one letter because many of the lender owners will also require a pre-qualification by one of their own loan officers.  Talk with us if you have questions. Well priced REO properties are attracting multip...
Comments 14
Montgomery Village, MD 20886 Zip Code Real Estate Statistics     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 57 new listings of homes for sale and 47 homes for sale went to pending new contracts. The sold dollar volume for the zip code was up 36.31% from last year. The number of homes sold and settled was 50 from 36 last year. The average time on the market was 59 days from 119 days last year. The average sale price was 96.25% of the average list price. The median sold price was $209,500.       Blooming for home buyers this summer. RealEstate Business Intelligence, LLC.ZIP Code Statistics - Higher Price Segment Format ZIP Code: 20...
Comments 0
Montgomery Village, MD 20886 Zip Code Real Estate Statistics     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 100 new listings of homes for sale and 86 homes for sale went to pending new contracts. The sold dollar volume for the zip code was up 135.23% from last year. The number of homes sold was 48 from 24 last year. The average time on the market was 40 days from 105 days last year. The average sale price was 96.25% of the average list price. The median sold price was $197,500.      Spring is blooming in Montgomery Village. RealEstate Business Intelligence, LLC.ZIP Code Statistics - Higher Price Segment Format ZIP Code: 20886 Mon...
Comments 0
By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
All Foreclosures for Montgomery Village MarylandALL REAL ESTATE IS ON SALE NOW in Montgomery County MDForeclosures still on the rise, smart buyers in Montgomery County are considering buying a home under foreclosure. A foreclosed home may be sold for as low as 20-30 percent below its market value. Foreclosed properties can be purchased at an auction or directly from the banks.We advise to our clients to purchase from the bank rather than engaging in a bidding war at an auction in the court steps. In case foreclosure proceedings were initiated due to the home owner’s inability to pay their mortgage, the property may be purchased as a short sale. . .we encourage this technique when the buyer has a little time on thier hands and wants to save and eliminates all competition.It is evident t...
Comments 0
Montgomery Village MD 20886 Homes For Sale & Zip Code Statistics    Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 87 new listings and 82 went to pending new contracts. The sold dollar volume was down 19.24 % from last year.  The number of homes sold was 34 from 34 last year. The average days on the market was 90 days from 111 days last year. The average sale price was 96.06% of the average list price. The median sold price was $166,500. The 117 active listings of homes for sale include 39 short sale pre-foreclosure homes for sale properties and 12 lender owned foreclosures for sale.   Do you qualify for a tax credit?  The Home Buyer...
Comments 1
By Roy Kelley
(Realty Group Referrals)
Homes for Sale in Montgomery Village, MD As the market approaches the April 30 contract deadline for the currently available home buyer tax credits, home sellers and prospective home buyers are taking a hard look at the homes for sale among the regular listings, short sales and lender owned foreclosures. The central location, with nearby work centers, much available shopping and restaurants as well as convenient public transportation makes Montgomery Village a preferred area for home buyers as well as investors that are building their rental portfolios. If you exclude the short sales and lender owned foreclosures from the available inventory, there are 53 regular listings of homes for sale in Montgomery Village. The following reports are shown from the highest to the lowest prices, Clic...
Comments 4
By Fernando Herboso - Associate Broker MD, & VA, 301-246-0001 Serving Maryland, DC and Northern VA
(Maxus Realty Group of Samson Properties )
"Montgomery Village in Montgomery County Maryland. . . .a way of life"   Location! Location! Location! What makes Montgomery Village   great for residents and visitors also makes it great for business. The near proximity of Montgomery Village is home of many major businesses located in Montgomery County MD .                  Montgomery Village  is a true  suburban community outside Washington DC , just twenty  miles from the White House. It's convenient to transportation and the homes values are still affordable for many families that work in and around the city.Featuring "Montgomery Village a way of life. .  ”     Montgomery Village as described by it's official website Montgomery Village in Montgomery County Maryland"Montgomery Village is home to more than 40,000 residents.  Located ...
Comments 0
By Roy Kelley
(Realty Group Referrals)
Montgomery Village MD 20886 Real Estate     Home owners and prospective purchasers want to know the trends of the local real estate market. The following statistics are for the past month and are compared with the same month last year. There were 58 new listings and 45 went to pending new contracts. The sold dollar volume was down 46.74% from last year.  The number of homes sold was 17 from 31 last year. The average days on the market was 91 days from 100 days last year. The average sale price was 95.91% of the average list price. The median sold price was $165,000.   Take action now if you need to be under contract by the end of April to qualify for the tax credit. This is for first time home buyers or current owners that have owned for 5 years.   Do you qualify for a tax credit?  The ...
Comments 0
By Roy Kelley
(Realty Group Referrals)
Why Are Investors Buying In Montgomery Village?   Investor Alert   Investors like Montgomery Village because the area provides a constant supply of moderately homes that are suitable for rental properties. Readily available public transportation and shopping make this an ideal area for many renters. Most of the time, investors like to purchase in the price range below $150,000. Much of the time, they are competing with first time home buyers.   This is what is available today: There are 28 active listings priced at $150,000 and below.   If you exclude the short sales and lender owned foreclosures, there are 10 available properties. Investors try to identify the highly motivated sellers. There are always some sellers that must sell due to divorce, job transfer and other situations. Anoth...
Comments 2
Montgomery Village MD 20886 Real Estate - Montgomery County     Home owners and prospective purchasers want to know the trends of the real estate market. The following statistics are for the past month and are compared with the same month last year. There were 55 new listings and 57 went to pending new contracts. The sold dollar volume was down 15.31% from last year. The number of homes sold was 19 from 17 last year. The average days on the market was 41 days from 159 days last year. The average sale price was 93.38% of the average list price. The median sold price was $150,000.   Please let us know if you need to purchase by the end of April to qualify for the tax credit. This is for first time home buyers or current owners that have owned for 5 years.   Do you qualify for a tax credit...
Comments 0
By Rob & Jeannie Steward - Realtors®, We Work TWICE As Hard For You! - Ashton Group
(RE/MAX Advantage)
    The FHA-backed 203(k) rehab loan is an increasingly popular option in today's market because so many available properties, especially foreclosures, are in need of repair. A streamlined 203(k) provides money to pay for improvements such as a new roof, appliances, furnace, energy-efficient windows, and cosmetic improvements like carpet, paint, and remodeled kitchens and baths. The maximum loan available is $35,000. The buyer must put down 3.5 percent of the acquisition. At closing, the seller is paid and the remaining money goes into an escrow account to pay for repairs. A licensed contractor must complete the work within six months. Some lenders allow the borrower to do minor cosmetic work like painting themselves. Green market research firm SBI Energy forecasts that in the next fiv...
Comments 0