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Foreclosure - 21366 Mount Lena Rd

$80,000

Front View

Address: 21366 Mount Lena Rd	City/ST: Boonsboro, MD	Zip Code: 21713
Location: Washington County	Property Type: Single Family Home	New or Resale: Resale
Square Footage: 966	Bedrooms: 3	Bathrooms: 1
MLS# WA7085810

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 2:27:03 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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Disclosure Laws >Full Disclosure

You are about to list your home. Since you have lived there for many years, you know that it is not perfect. For example, there might be a leak in the basement that is noticeable only after a heavy rain. Your garage door might stick, and the dishwasher may be prone to work stoppages.

Every home has a few quirks. When it is time to sell your home, you have a choice of either making the necessary repairs or letting the buyers know about the problems. Material defects must be fully disclosed.

Some buyers will order a structural inspection in order to learn exactly what they will be getting. Even if the buyers don't ask for an expert to look at the house, it is the seller's responsibility to disclose any known defects in the property. The seller's agent will provide the disclosure form, wherein the seller may itemize any problems. Sellers may avoid any real estate lawsuits over undisclosed defects by making repairs before the sale or agreeing to a price adjustment during the transaction if defects are discovered.

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Q	What Las Vegas hotel is famous for its casinos and is the largest hotel in the US.?
A	With 5,012 rooms, the MGM Grand Casino is considered the largest hotel in the US.
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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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