Foreclosure Properties for Sale Near Crofton

January 29th, 2008 Categories: Nearby Communities

You’ve heard it, you’ve read it…

Now is a great time to invest in real estate, while the prices and rates are down.

If you’re looking for LOCAL foreclosures, let me help by sharing these Freddie Mac properties with you. The list doesn’t include any Crofton or Gambrills foreclosures right now, but these homes are located in nearby areas that might interest some Crofton real estate investors.

ODENTON

630 RIDEN STREET, ODENTON, MD
Rooms: 10 Bed: 3 Bath: 2.
Price: $347,500.00
Status: Currently listed

BOWIE

3701 MERCER DRIVE, BOWIE, MD 20715
Rooms: 10     Bed: 3     Bath: 2.5
Price: $324,450.00
Status: Currently listed

13206 10TH ST, BOWIE, MD 20715
No information available
Status:  Not yet listed

16036 ELEGANT CT, BOWIE, MD 20716
Rooms: 6      Bed: 3     Bath: 2.5
Price: $325,000.00
Status: Currently listed

15414 EMPRESS WAY, BOWIE, MD 20716
Rooms: 6      Bed: 3     Bath: 2.5
Price: Not yet available
Status: Not yet listed

COLLEGE PARK

4808 ERSKINE RD, COLLEGE PARK, MD 20740
Rooms: 9 Bed: 3 Bath: 1.5
Price: $247,200.00
Status: Currently listed

8811 62ND AVENUE, BERWYN HEIGHTS, MD 20740
Rooms: 5 Bed: 3 Bath: 2.0
Price: $293,550.00
Status: Currently listed

If you’re thinking about investing in real estate while the market is down, be sure to read one of my earlier blogs on the topic, New Real Estate Investors, This is for You.

Remember, when you buy a foreclosure, the risks are great since you’ll probably be buying the property in “as is” condition. One thing you might consider is looking at other listed homes nearby because those sellers are well aware they’re competing against a foreclosure. They may be willing to negotiate accordingly, and chances are that your purchase would not be “as is”.

RELATED LINK: Read How to Avoid Foreclosure, if you are currently behind in your mortgage.

Mortgage Interest Rates – Today, Last Week, and Last Month

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