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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

1631 13th  Nw Street, Washington image
1631 13th Nw Street, Washington $1,550,000

Welcome to 1631 13Th St NW. A rare opportunity near DC's U Street Corridor. This highly desirable Logan Circle location make’s this property an excellent investment. Buil...

  • DCDC508648 MLS
1950 Good Hope  Se Road, Washington image
1950 Good Hope Se Road, Washington $325,000

ONLINE AUCTION!!! Investor's Special!!! Corner lot with plenty of parking in the rear. Alley access to parking. 4 bedroom 2-1/2 baths. Upstairs above bedrooms is ple...

  • 4 Beds
  • 2 Baths
  • DCDC515868 MLS
2632 Wade  Se Road Unit #12, Washington image
2632 Wade Se Road Unit #12, Washington — Barry Farms $69,900

This 2BR/1BA unit is located in the Barry Farms community. Located in close proximity to 295, 395, 695 and Nationals Park Stadium. THIS IS A FANNIE MAE HOMEPATH PROPER...

  • 2 Beds
  • 1 Baths
  • DCDC514332 MLS
  • Barry Farms Bldg.
2201 L  Nw Street Unit #804, Washington image
2201 L Nw Street Unit #804, Washington — Carriage House Condominium $275,000 ▼

PRICE ADJUSTMENT - Traditional studio in the bustling West End neighborhood one of DC's most walkable neighborhood (98 WalkScore). Great skyscape views from this sun-fill...

  • 1 Baths
  • DCDC511576 MLS
  • Carriage House Condominium Bldg.
5551 Illinois  Nw Avenue Unit #202, Washington image
5551 Illinois Nw Avenue Unit #202, Washington — Petworth $375,000

BEAUTIFUL 2 BEDROOM & 2 BATHROOM CONDO IN THE TRENDY PETWORTH AREA! GREAT LAYOUT! OPEN FLOOR PLANS MUST VISIT THE CONDO TO SEE HOW NICE IT'S. BUILDING TOTALLY REMODELE...

  • 2 Beds
  • 2 Baths
  • DCDC510544 MLS
  • Petworth Bldg.
3701 Connecticut  Nw Avenue Unit #229, Washington image
3701 Connecticut Nw Avenue Unit #229, Washington — Wilshire Park Condominium,Forest Hills $219,900 ▼

Check out new price, with little TLC you have a home with a lot of equity, Great value, One bedroom and one full bath condo in Wilshire Park Condos, entire property with ...

  • 1 Beds
  • 1 Baths
  • DCDC505194 MLS
  • Wilshire Park Condominium,Forest Hills Bldg.
3629 38th  Nw Street Unit #101, Washington image
3629 38th Nw Street Unit #101, Washington — Cleveland Park $399,900 ▼

Welcome to the beautiful MClean Gardens community! Located in the heart of Cleveland Park, this 1BR/1BA unit offers open floor plan, with spacious bedroom and walk-in cl...

  • 1 Beds
  • 1 Baths
  • DCDC501998 MLS
  • Cleveland Park Bldg.
1440 N  Nw Street Unit #1002, Washington image
1440 N Nw Street Unit #1002, Washington — Old City Ii $254,900 ▼

Cute Studio Newly Renovated on Top Floor. New Kitchen w/granite, Stainless Steel Appliances, New flooring etc. Condo fee covers all utilities, Laundry room on each floor,...

  • 1 Baths
  • DCDC484984 MLS
  • Old City Ii Bldg.
4425 Ord  Ne Street, Washington image
4425 Ord Ne Street, Washington $299,900

Spacious corner lot located on a quiet tree-lined block in bustling Deanwood. Zoned R-1-B, this lot is perfect for a developer to create a beautiful single-family home th...

  • DCDC483404 MLS
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Berkshire Hathaway HomeServices Bowen Realty
11949 Robinwood Dr., Suite 100
Hagerstown, MD 21742
Phone: (301) 745-1620
Email: sandy@sandy-curtis.com



 

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