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Charlie Enman and Cindy Moses

These properties presented by Charlie Enman and Cindy Moses of Keller Williams Metro Realty
Email: moseshometeam@NUMBER1EXPERT.com
Phone: 301-770-4477
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    Foreclosure - 2609 Lakehurst Ave $114,400 
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Address:   2609 Lakehurst Ave    City/ST:   District Heights, MD   Zip Code:   20747  
Location:   Prince Georges County   Property Type:   Single Family Home   New or Resale:   Resale   
Square Footage:   1715   Bedrooms:   4   Bathrooms:   2  
MLS#   PG7170463  

FHA Uninsurable means that the property in its current condition does not meet minimum FHA requirements. This DOES NOT mean that a buyer can’t finance the property using a FHA loan. A 203k loan is a FHA loan that allows the buyer to finance the repairs that are needed to bring the property up to FHA requirements. This allows a buyer to buy a home way below market value, fix it up the way they want, and the final result is a buyer living in a home that has been fixed up with automatic built in equity.

Last Updated: 12/30/2009 2:29:27 PM

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Take full advantage of this Government Foreclosure Property. In this economy this is the time to pick up these heavily discounted properties. Are you a seasoned investor? Are you someone who is looking to invest in real estate? Or are you a person who is looking to buy a primary residence. Want a Steal (Deal)?
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Real Estate Tips
Investment Real Estate >Retirement and the Second Home

Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

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Real Estate Trivia
Q 
What is the world's largest palace?

A 
The Imperial Palace (Gugong) in the center of Beijing, China covers over 178 acres and dates back to the early 1400s.
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Charlie Enman and Cindy Moses, REALTOR®, real estate agent and broker for Bethesda, Rockville and Silver Spring, Maryland home listings, property and land for sale - NUMBER1EXPERT

Charlie Enman and Cindy Moses
Keller Williams Metro Realty

11333 Woodglen Drive, Suite 100
North Bethesda, MD 20852
301-770-4477
Fax: 240-465-7111
moseshometeam@NUMBER1EXPERT.com


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