Many buyers out there these days are looking for a “good deal” when shopping for a home. Foreclosed homes can often be a way to get that good deal. Often I find that some buyers still want a foreclosure to have all the bathrooms updated, an attractive kitchen and new carpet or flooring. What buyers need to remember is that the home is priced well below comparables, enough to allow such updates to be made over time. There is a terrific condo near Old Town Gaithersburg priced at a mere $54900., Despite it having all of the original cabinetry and other fixtures, this home is cheaper to own than it is to rent a similar size unit. Currently there are 35 active foreclosures in Gaithersburg in a wide range of pricing, the lowest is $ 54,900 to $ 724,900.
Rates are still low and there are some great deals to be made out there… Enjoy the house hunt !
Vicki Reyes, GRI vickirrealtor@aol.com
Remax Town Center
301-452-0157
Vicki Reyes blog site