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Foreclosure in Bowie : Real Estate Advice

  • All138
  • Local Info11
  • Home Buying47
  • Home Selling4
  • Market Conditions4

Activity 9
Fri Oct 23, 2015
Amelia Robinette answered:
This address hasn't been listed in the MLS since 1999. Not sure if it was ever listed as a For Sale By Owner. It does not appear to be for sale.
0 votes 1 answer Share Flag
Tue Jan 6, 2015
Chelene Webster answered:
There has been a growing amount of short sales/foreclosures in the PG county area. If you are looking for properties with specific criteria, contact me at 240-997-5968 and I would be glad to let you know what is out there. ... more
0 votes 1 answer Share Flag
Mon Oct 27, 2014
Samuel Partman answered:
Did you get your BPO completed yet?
If not contact me @ 240-486-0726
Thanks Sam Partman
0 votes 2 answers Share Flag
Mon Jul 15, 2013
Catherine Purcell answered:
NO - If major appliances are missing (stove, refrigerator), the borrower will be asked to explain his/her plan for obtaining the major appliance. Proper consideration must be given for qualifying a borrower who intends to purchase appliances with a credit card or financing plan.The installation of any appliance is required only when required according to the terms of the purchase agreement or when required by the appraiser.
Conventional financing does not conform to the same guidelines as FHA, VA and USDA and is oftentimes used for purchasing HUD foreclosed propeeties in disarray.

If you need financing for this property call me!

Catherine Purcell
Fairway Independent Mortgage Corporation
Cell 202 573-6035
... more
1 vote 3 answers Share Flag
Mon Jul 15, 2013
Jessica Hood & Laura Roskelly answered:
No you should not be liable for those bills. Contact the agent that is representing the bank and let them know they need to clear that up. A delinquent water bill can also become a lien on the property so they would have to pay that to give you clear title anyway. ... more
1 vote 3 answers Share Flag
Thu Feb 10, 2011
Akil Walker answered:
Hello Daryl,

I suggest you speak with a lender to see how much you can afford. In terms of seeking funding to purchase these rentals you can always contact the SBA and submit a business plan and apply for a loan. You can also contact PG for its business loan program. Another option is to get with potential investors who would be willing to invest funding with you in these properties.

Hope this helps. Best of luck and feel to contact me if you have any further questions.
... more
0 votes 8 answers Share Flag
Tue Jun 22, 2010
Lorenzo Wooten Jr answered:
Mfnt, there are great opportunities to buy foreclosures below market price in the Bowie, MD area, but you will need to prepare for a "fixer-upper". There are many homes that have been neglected and need TLC (cosmetic work or more) to make them a true gem. Click on this link to understand values and buying trends in your area : ... more
0 votes 13 answers Share Flag
Sun Sep 20, 2009
Lanre Folayan answered:
Hi Lf. To search for homes for sale in your area of choice,please go to Have a great day.

Lanre Folayan
Real Estate Professional
Exit Premier Realty
9701 Apollo Drive
Suite 101
Upper Marlboro,MD 20774
(202) 378-0283 (Direct)
(301) 560-6700 x1154 (Office)
... more
0 votes 2 answers Share Flag
Wed Sep 9, 2009
James Gordon ABR SFR SRS answered:
Mr. D if you purchased a forclosed home it is a done deal and you own it lock, stock, and repairs. You can try to contact the note holder but they have no desire to help you after you purchased it. ... more
0 votes 2 answers Share Flag
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