There are no bank owned properties listed in our Multiple Listing Service for $50,000 or less. If you would like to run your own property searches, you can go to our web site at http://www.Ocean-CitySales.com and go to the "Property Search" portion. There you can view all current listings in Ocean City, Maryland.
If you have any questions on a specific property, please email or call. There are bank owned properties as well as short sale properties currently available to be purchased in our market. However, none meet the price criteria that you indicated.
Coldwell Banker Residential Brokerage
Ocean City Maryland
877-480-7653 - Toll Free
Blog Address: http://www.RealTown.com/MonicaMcNamara/blog
Ocean City, MD is still building and a few of the largest condominium projects in its history have produced steady sales! Even in a tough market - can you believe it!?
Some recent sales of mine i have beared witness to closing sheets and tax records for condos being purchased in the 1990's for under $50,000. Now they sell for $160,000 and up!
Your best bet would be to reach out for Realtor support and find a qualified professional who can help you find these types of properties fast...before anyone else does! There are many methods Realtors use to take advantage of this technology! Most of it is behind the scenes, like working for and with banks, private investors & mortgage lenders and being a local resource in our current market conditions.
Foreclosures are hard to get your hands on, espically those low prices! Remember, Salibury University only 30 miles away houses some of the most lucurative investments properties around - the rents are consistent, property management is good and if you find multi-family units you can usually find some great deals...requiring little to no work.
Here are the coordinates for the Salisbury Area! Whether OC, Salisbury or the entire Eastern Shore of MD & DE and all its beach shores...count on The Roop Group to help!