Annapolis Maryland Luxury Real Estate

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Buy a Bank Foreclosure in Arnold Maryland in 30 Days or Less

Are you looking for Arnold Maryland foreclosed homes, bank owned homes or HUD owned homes for sale? If so, then you're in the right place! You can often purchase Arnold Maryland foreclosures below market value. While some foreclosures are not necessarily a steal, many Arnold bank owned homes are great deals. There are foreclosure listings in Arnold that include government homes from federal agencies such as HUD and VA, as well as, bank foreclosures from a variety of local banks and national banks selling REO properties and bank repo homes in Arnold Maryland.

Be prepared, not all foreclosed homes and REO properties are in prefect condition. Many will require work to restore them back to their former glory. There are many HUD owned homes that are part of the HomePath program are ready to move in, with fresh painted and and new carpet, and some with all new appliances.

Start searching today among the Arnold Maryland foreclosed homes for your perfect place to live.

There are 3 Arnold foreclosures for sale today. The average asking price is $421,267 and they have been on the market an average of 334 days. The minimum asking price for Arnold bank owned homes is $209,900, with a maximum asking price of $839,000, and the median asking price is $214,900.

There are 4 Arnold REOs under contract today. The average asking price is $193,300 and they were on the market an average of 64 days. The minimum asking price for Arnold REOs is $150,000, with a maximum asking price of $229,900, and the median asking price is $200,000.

In the last 90 days there were 5 foreclosures in Arnold Maryland that were sold. The average list price was $298,380 and they were on the market for an average of 60 days. The minimum list price for sold listings was $238,500, with a maximum list price of $459,000, and a median listing price of $249,500.

The average sold price for Arnold Maryland foreclosures was $303,940 for a 93.21% sold-to-list ratio off their original list price. The minimum sold price was $245,000, with a maximum sold price of $450,000, and the median sold price was $281,000.

With about 1.5 Arnold foreclosed properties selling each month, there is less than a 2 month inventory for bank owned homes for sale. This really is a remarkable time for highly qualified buyers to consider purchasing their first home or an additional property because:

  • Arnold Maryland foreclosures are very affordable right now
  • Interest rates are low even on jumbo mortgages
  • Excellent financing options are available for qualifying buyers
  • Timing is everything when it comes to finding just the right Arnold Maryland bank owned home
  • Owning a home is everyone’s dream

Don't waste any more time, find your Arnold bank owned home today.

NOTE: All data as of September 2, 2011

 

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Stephen Howell, Associate Broker, Coldwell Banker Residential Brokerage, Annapolis, MarylandIf you are interested in buying or renting a home in Annapolis, Maryland or the surrounding area and want to tour any property currently on the market, or if you have a home to sell or rent in Annapolis, Maryland and want a professional consultation on current market conditions, please contact me at 410-923-3217 or e-mail me at showell@cbmove.com or visit my website at LiveInAnnapolis.com.

 Stephen Howell came to Annapolis to sail the Bay in 1994. What he discovered was a whole new lifestyle. Ever since Stephen Howell has been successfully helping others make the most of Annapolis. You'll find that with the right professional by your side, you can Live the Lifestyle and Live in Annapolis.

Stephen Howell and Rocky (his lab-mix from the SPCA of Anne Arundel County in Annapolis) live on the Chesapeake Bay near Annapolis, Maryland. He works in the Annapolis real estate market. His website lets people search the Washington and Baltimore metropolitan area MLS. Buyers can also search for waterfront homes along the Chesapeake Bay. His website has current real estate data on Annapolis, Anne Arundel County, and Maryland.

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