$129,880


Commercial

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Madison Park Dr
Glen Burnie, MD 21061

Status: Inactive
Listing ID: 56632565

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Property Information

  • Price: $129,880
  • Lot Size: 0.12 acres
  • Heating Type: Forced Air
  • Air Conditioning: Central A/C
  • Year Built: 2001
  • Comments: Available as rental.
  • Source ID: MDAA2007698
  • Day(s) On Site: 109
  • Property Type: Commercial
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Potential Home Value

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Current Value
$129,880
Potential Value
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Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

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
08/17/21 11/09/21 Foreclosure

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Madison Park Dr
Glen Burnie, MD 21061

Commercial

$129,880

Status: Inactive Listing ID: 56632565

Property Information

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Property Description

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Listing URL

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