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Can I Get a Steal in the Frederick Real Estate Market in 2009?

There are always savvy buyers and investors asking the question, "Can I get a steal?"  Our answer is usually, "It depends."  It depends on your definition of a steal.  Can you get something 20% below market?  Yes, but do you mind putting some work into it?  If you don't, this is your market.  There are many REO's (Bank-owned, foreclosures) on the market at incredible prices.  But you have to be ready to jump when you find one.  Take this one, for example:

822 Apache Court  This house was listed for $399,000 last year, then went into foreclosure.  It was listed on January 8, for $216,000, and sold in 9 days.  This was a steal.  Yes, the steals are out there, if you can move on them quickly.

To see more deals, use our free search tool:      
 

  

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Homes for Sale in Frederick Md Homes for Sale in Frederick

The Highland Group

Chris & Karen Highland *    301-831-9947
Turning Point Real Estate – 301-831-8232
email us: isell4u2@msn.com
Text Us: 301-401-5119

            
                                                  Pictures of Frederick

 

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