$148,000


2 Beds   2 Baths   1,030 Sq. Ft.

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Elkridge Way # 94-1b
Silver Spring, MD 20906

Potential Profit

$29,000

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Status: Inactive
Listing ID: 56696646

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Property Information

  • Price: $148,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Living Area Size: 1,030
  • Total Rooms: 6
  • Year Built: 1979
  • Additional Information: Eligible Bidders: Owner Occupants, Nonprofits, and Government Agencies only, 203K Eligible: Yes
  • Source ID: 249-575277
  • Days On Site: 38
  • Subdivision: ROSSMOOR MUTUAL 19B
  • Input Date: 09-11-2021
  • Financing Type: FHA Insured Escrow
  •  

Public Records

  • Land Area Sqft: 3,409
  • Year Built: 1979
  • APN: HS61-0000-0000-0000-0000
  • Property Type: Condominium
  • Township: 13
  • Living Sqft: 1,340
  • Style: CONDOMINIUM
  • Sewer Type: PUBLIC
  • Subdivision: ROSSMOOR MUTUAL 19B
  •  

HUD Home

Purchase this incredible HUD home with a low down payment! U.S. Department of Housing and Urban Development (HUD) is a federal agency that insures mortgages to homeowners through its Federal Housing Administration (FHA). Therefore, when banks foreclose on HUD-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at super low prices to the public. HUD houses are among the very best deals in real estate today and, accordingly, don't last long on the market. Act fast!

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Listing History

Start Date End Date Listing Type Bank Name
08/09/21 08/14/21 Foreclosure

Silver Spring, MD
Home Inspectors

US Inspect
Eric Carpenter
3013706788
Castell Home Consultants, Inc
Richard Castell
301-593-7964
iKON Home Inspections
Anthony Webber
202-528-6567
Prime Property Inspectors
Romano Pietrobono
301-706-6500
foreclosure.com

Elkridge Way # 94-1b
Silver Spring, MD 20906

2 Beds   2 Baths   1,030 sq. ft.

$148,000

Status: Inactive Listing ID: 56696646

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Elkridge-Way--94-1b-Silver-Spring-MD-20906/56696646_lid

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