$58,000


2 Beds   1 Bath   Single-Family

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Avenue,
Hagerstown, MD 21740

Status: Active
Listing ID: 55743706

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Auction

Bank Owned

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10/03/20
Bank owned
The lender has taken ownership of this property through a foreclosure auction for the amount of $58,000. 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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

Property Information

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. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

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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.

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Hagerstown, MD
Home Inspectors

Marsh Run Home Inspections LLC
Edward J. Schreiber
301-992-6436
Patriot Home Inspection, LLC
Dan Plotner
301-751-6611
Absolute Home Inspections, LLC
Jerry W Smith
240-818-9180
Cross Country Home Inspections
Steve Lawhead
301-801-2978
foreclosure.com

Avenue
Hagerstown, MD 21740

2 Beds   1 Bath   Single-Family

$58,000

Status: Active Listing ID: 55743706

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Property Description

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Listing URL

https://www.foreclosure.com/listing/address.html?address=Avenue-Hagerstown-MD-21740/55743706_lid

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