| Perrywood MD Homes For sale and Sold For June 2014 | ||||||||
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| Below are highlight properties for Perrywood MD Homes For sale and Sold For June 2014. See more at the full report: | ||||||||
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| Information valid as of July 15, 2014. Please contact us for the most current information and status of these properties. |
Tuesday, July 15, 2014
Perrywood MD Homes For Sale and Sold For June 2014
Tuesday, July 1, 2014
Just Sold In Bowie MD - Another FHA Short Sale In Bowie MD
Just Sold In Bowie MD - Another FHA Short Sale In Bowie MD
Bowie MD Short Sales: These properties may take longer to close, but if the price is right, it may be worth the wait. We've helped another homeowner with a FHA loan avoid foreclosure in Bowie. MD A financial hardship can come at any time, regardless of your loan type or your zip code. One of the biggest advantages of a short sale is that it provides you with written permission to sell your home for less than what it is worth and gives you the opportunity for a legal 'financial do-over'.
Our client at 15778 Easthaven Ct, Bowie was approved for FHA short sale, with no deficiency and no promissory note for any of the remaining balance of the loan, which is the best possible outcome. Not only did the bank agreed to allow the home to be sold for less than the outstanding mortgage balance, but they are accepting the proceeds from the sale as payment in full and also gave the seller $3000 relocation incentive at closing.
This Bowie condo was priced under $100,000 it was an attractive find for a first time home buyer or seasoned investor. Bowie, MD home values have increased, but there are still some homeowners who are underwater with their mortgage. If you need help short selling your Bowie condo or home please call Keji Ogunleye with Fairfax Realty @ 301-613-2043.
There are many opportunities available for sellers to avoid foreclosures and not damage their credit. If you are behind on your mortgage, your house is worth less than you owe , want to downsize but owe more than your mortgage balance give us a call to discuss your options - 301-613-2043
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Wednesday, June 25, 2014
Bowie MD Homes For Sale and Sold For May 2014
| Bowie , MD Homes For sale and Sold For May 2014 |
Bowie, MD Homes for Sale prices have been increasing from month to month as well as year to year as market remains strong and consistent with season
The median sales price of detached Bowie, MD Homes fo rSale was $340,515 May 2014 |
Below are highlight properties for Bowie , MD Homes For sale and Sold For May 2014. See more at the full report:
| Highlights | Maps & Local | Schools |
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Status: Active
2701 WOODLAKE RD, BOWIE, MD 20721
$530,000
4 BEDROOMS
3 BATHROOMS [ 2 FULL, 1 HALF ]
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Status: Active
3018 DALE LN N, BOWIE, MD 20716
$180,000
2 BEDROOMS
3 BATHROOMS [ 2 FULL, 1 HALF ]
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Status: Under Contract
15616 EVERGLADE LN #301, BOWIE, MD 20716
$137,000
2 BEDROOMS
2 BATHROOMS [ 2 FULL ]
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Homes For Sale Free List of Foreclosed Homes For Sale Homes Close to Where You Work FREE List of HUD Homes for Sale Short Sale Homes For Sale Qualify For Mortgage |
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Information valid as of June 25, 2014. Please contact us for the most current information and status of these properties.
Tuesday, June 24, 2014
Another Happy Bank of America Short Sale Seller in Columbia, MD.
Another Happy Bank of America Short Sale Seller in Columbia, MD.
I just sold a townhouse in Columbia Maryland for $195,000. My seller client bought this large 4 level townhouse in Columbia, MD in 2006 for $325,000. By 2013 it was time for her to move because of commuting distance to her job in D.C, but because the property is now worth less than what she bought it , she decided to rent out the townhouse in Columbia. The townhouse was rented out to a family of 4 ,however within 2 months of renting she started having problems with the tenants. The tenants problem was a nightmare as she has to take off from work many times to go to court, she received many citations from the City of Columbia because the tenants are putting trash in front of the townhouse and many other problems. She finally decided to sell the townhouse last year November as a short sale. The Bank of America short sale started very well with multiple offers within few days in the market. Once the seller accepted an offer , we submitted the short sale package to Bank of America. Bank of America short sale process used to be very fast ,but for some reason this year they've been extremely slow, and after months of waiting, numerous appraisers by Bank of America the short sale was approved in May 2014. The buyer finally closed on the short sale on June 20th 2014. My seller client was extremely happy and relieved. The outstanding balance on the townhouse in Columbia MD is $290,500, it was short sale for $195,000 with lender forgiving the balance of the loan.
Short sale is still very much part of the real estate market in Maryland even as we recover from the housing bubble of 2007. To get market update on your MD property or If you like to know your options if you owe more than your house is worth contact me via email @ keji@metrohomesrealty.com
Keji & Associates of Fairfax Realty, Inc is dedicated to providing exceptional service to home We 'WOW' our client with outstanding customer services from getting pre-approved to closing on your first or second home.
Keji & Associates is a real estate team based in Lanham with Fairfax Realty, Inc . Keji and the team members are seasoned real estate professionals.
Keji & Associates: Fairfax Realty, Inc
10210 Greenbelt Rd #120, Lanham, MD 20706
301-613-2043
www.Metrohomesrealty.com
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