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Washington County Foreclosure Search

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Washington County Foreclosure Homes

Foreclosure is an often miss used word...

Foreclosure is actually the process that is taken when a homeowner has stopped making payments on their loans and the bank files for foreclosure in the local courts. They have to hire attorneys and the process is not only expensive, but could take not just months but possibly years to complete.

The correct words for a home that has gone through the foreclosure process are Bank Owned or REO (real estate owned) Property.

I guess it is just easier for the population as a whole to call them foreclosures.

So why would someone stop paying their mortgage?

The easy answer is life happens. Divorce, death, job loss, illness and more; are life events that can cause a financial strain on anyone.

Keep in mind that Banks are not in the business of owning homes.

They are in the business of LENDING money for people to buy homes. So when someone stops making their payments, the logical thing to do is to take it back and sell it to someone else.

Sounds kind of harsh, I know. I make no excuses for any bank, mind you. I have seen way too many instances, where if they (the bank) had been willing to make just one little tweak to their loan, the homeowner could have stayed in the home and continued to make payments. It is a very frustrating system.

One of the alternatives of Foreclosure is a Short Sale, where the homeowner can stay in the home up to the day of closing to a new buyer, possibly saving up their money and moving with a little bit more in their pockets than they would have just walking away.

Newest Washington County Foreclosures

1023 Irving St Nw, Washington image
1023 Irving St Nw, Washington $850,000 ▼

THIS IS A GREAT OPPORTUNITY FOR A SERIOUS BUYER/INVESTOR LOOKING TO CONVERT A PROPERTY INTO A MULTI-FAMILY AND GENERATE CASHFLOW. PROPERTY COULD EASILY MEET THE 2 UNIT RE...

  • 5 Beds
  • 3 Baths
  • DCDC2079118 MLS
1706 Massachusetts Ave Se, Washington image
1706 Massachusetts Ave Se, Washington $1,300,000

None

  • DCDC2078510 MLS
2553 Alabama Ave Se, Washington image
2553 Alabama Ave Se, Washington $249,900

Great foreclosure opportunity! - Property owned by the bank. - Cash deal - Must sign waiver agreement to enter property - Download agreement in MLS or contact the agen...

  • 3 Beds
  • 1 Baths
  • DCDC2078104 MLS
1260 Penn St Ne, Washington image
1260 Penn St Ne, Washington $650,000 ▼

PRICE REDUCED! Great opportunity to own a beautiful 2 BR, 3 and 1/2 bath townhome in Trinidad-- with off-street parking.! The main living floor features an open design wi...

  • 2 Beds
  • 4 Baths
  • DCDC2077146 MLS
726 49th Pl Ne, Washington image
726 49th Pl Ne, Washington $340,000 ▼

PRICE IMPROVEMENT! Detached single family home in Deanwood! 2 Bedrooms and 1 full bath home on large lot. Corner lot located on 49th Pl and Hayes wide streets, street...

  • 2 Beds
  • 1 Baths
  • DCDC2076698 MLS
300 50th St Se Unit #203, Washington image
300 50th St Se Unit #203, Washington — Marshall Heights $144,900 ▼

None

  • 1 Beds
  • 1 Baths
  • DCDC2076598 MLS
  • Marshall Heights Bldg.
2004 Trenton Pl Se, Washington image
2004 Trenton Pl Se, Washington $420,000 ▼

Price Reduction! Come view this beauty. This home has plenty of light and has an attached garage. Room on the first floor which can serve as a den or office. Half b...

  • 3 Beds
  • 3 Baths
  • DCDC2074694 MLS
4616 9th St Nw, Washington image
4616 9th St Nw, Washington $734,900 ▼

WOW ! GREAT NEW PRICE ! This Quintessential DC row house with welcoming front porch in a fabulous and desirable neighborhood is absolutely move-in ready! The main and u...

  • 3 Beds
  • 3 Baths
  • DCDC2073132 MLS
3030 K St Nw Unit #203, Washington image
3030 K St Nw Unit #203, Washington — Washington Harbour $769,900 ▼

Gorgeous new high end kitchen remodel, everything brand new! Embrace chic city living in this stunning 2 bedroom, 2.5 bath penthouse condo located in the heart of Georget...

  • 2 Beds
  • 3 Baths
  • DCDC2061500 MLS
  • Washington Harbour Bldg.
2220 Q St Nw, Washington image
2220 Q St Nw, Washington $2,349,000 ▼

A contemporary styled home in an alley surrounded by more traditional homes. The original design combined two carriage houses and was built with entertainment in min...

  • 5 Beds
  • 5 Baths
  • DCDC2043466 MLS
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11949 Robinwood Dr., Suite 100
Hagerstown, MD 21742
Phone: (301) 745-1620
Email: sandy@sandy-curtis.com



 

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