Silver Spring FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Silver Spring, Maryland.

Featured Foreclosure Listings in Silver Spring, MD

Silver Spring Home Foreclosure Listing ID: 1867639

Foreclosure

Silver Spring, MD - 20904

1 Bd | 1 Ba | $74,898.00

Silver Spring Home Foreclosure Listing ID: 1644142

Foreclosure

Silver Spring, MD - 20902

2 Bd | 2 Ba | $155,000.00

Silver Spring Home Foreclosure Listing ID: 1987534

Foreclosure

Silver Spring, MD - 20902

2 Bd | 1 Ba | $165,900.00

Silver Spring Home Foreclosure Listing ID: 2054723

Foreclosure

Silver Spring, MD - 20901

5 Bd | 2 Ba | $249,900.00

Silver Spring Home Foreclosure Listing ID: 1469767

Foreclosure

Silver Spring, MD - 20904

4 Bd | 4 Ba | $699,900.00

Total: 34
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
12 Photos
OLD COLUMBIA PIKE APT 703 Silver Spring MD 20904 Foreclosures 1 1 $74,898.00 Details
2
9 Photos
VALLEY BROOK DR Silver Spring MD 20904 Foreclosures 4 4 $699,900.00 Details
3
13 Photos
JUDSON RD Silver Spring MD 20902 Foreclosures 2 2 $155,000.00 Details
4
4 Photos
BRADSHAW TER Silver Spring MD 20905 Foreclosures 3 3.5 $498,900.00 Details
5
6 Photos
PROCTER ST Silver Spring MD 20901 Foreclosures 5 2 $249,900.00 Details
6
2 Photos
LIVINGSTON ST Silver Spring MD 20902 Foreclosures 2 1 $165,900.00 Details
7
3 Photos
LUTTRELL LN Silver Spring MD 20902 Foreclosures 4 3.5 - Details
8
2 Photos
BLUHILL RD Silver Spring MD 20906 Foreclosures 4 2 - Details
9
2 Photos
LEMONTREE LN Silver Spring MD 20904 Foreclosures 4 2.5 - Details
10
2 Photos
MAPLE ST Silver Spring MD 20904 Foreclosures 3 1 - Details
11
2 Photos
YORKSHIRE WOODS DR Silver Spring MD 20906 Foreclosures 3 2.5 - Details
12
2 Photos
BEL PRE RD APT 6 Silver Spring MD 20906 Foreclosures 2 1 - Details
13
9 Photos
GLOUSTER KNOLL DR Silver Spring MD 20901 Foreclosures 3 2.5 - Details
14
1 Photo
DUNSINANE DR Silver Spring MD 20906 Foreclosures 4 3.5 - Details
15
2 Photos
GRAND CYPRESS CT Silver Spring MD 20905 Foreclosures 4 4 - Details
16
3 Photos
WOODLAND DR Silver Spring MD 20910 Foreclosures 3 4 $485,000.00 Details
17
23 Photos
HOMESTEAD DR Silver Spring MD 20902 Foreclosures 4 2 $349,900.00 Details
18 -
0 Photo
PEACHWOOD DR Silver Spring MD 20905 Foreclosures 4 3 $429,900.00 Details
19
4 Photos
DOWNS DR Silver Spring MD 20904 Foreclosures 4 3 $286,000.00 Details
20 -
0 Photo
CASTLE TER Silver Spring MD 20904 Foreclosures 3 1.5 $123,900.00 Details
About our Listings

How to Buy Silver Spring Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Silver Spring, MD starts with finding listings. By browsing Silver Spring foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Silver Spring, MD.

>> See more info about how to Buy foreclosures

How to Invest in Silver Spring Foreclosures

How to invest foreclosure

Silver Spring foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Silver Spring real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Silver Spring foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Silver Spring foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Silver Spring

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Silver Spring will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Silver Spring, MD. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Silver Spring apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Maryland Foreclosure Laws

Foreclosure law

In the state of Maryland, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Maryland are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Maryland REO properties.

Silver Spring Banks Foreclosures

Bank Foreclosure

Silver Spring bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Silver Spring, MD are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Silver Spring bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Silver Spring Maryland to be similar to buying from an agent. Check our Silver Spring bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Silver Spring Government Foreclosures

Government Foreclosure

Silver Spring Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Silver Spring MD are another popular type of foreclosure, as are VA foreclosures in Silver Spring, which are available from the Veterans Affairs Department for especially great deals. Check our Silver Spring government foreclosure listings.

>> See more info about govermment foreclosures

Silver Spring Pre-Foreclosures

Foreclosure

PreForeclosures in Silver Spring are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Silver Spring Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Silver Spring Foreclosure Auctions

Foreclosure Auction

Most Silver Spring foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Silver Spring, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Silver Spring, MD. We offer a comprehensive Silver Spring foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Silver Spring, Maryland

Find Home Foreclosure Listings in Silver Spring, MD

Silver Spring foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Silver Spring, MD and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Silver Spring Maryland, best affordable foreclosure condo in Silver Spring, cheap apartments for sale, bargain foreclosed homes for sale in Silver Spring, MD and earn huge savings on the homes YOU want to buy!

Our Silver Spring Foreclosure Lists

You can find Silver Spring foreclosure homes for sale which you can buy for living or investment. Simply click through our Silver Spring foreclosure home listings to find government foreclosures and bank owned homes in Silver Spring area. If you're searching for a deep discount or low prices on real estate then searching our Silver Spring foreclosure lists for homes foreclosure for sale or short sale listing in Silver Spring is your answer. Our up-to-date Silver Spring short sale listings provide the latest investing opportunities on affordable Silver Spring bank owned property listings, government pre foreclosure lists, Silver Spring banrkuptcy homes and Silver Spring HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Silver Spring, you should have little trouble finding the cheapest deal on a foreclosed home in Silver Spring, Maryland.

You can also search Kensington foreclosure listings and Takoma Park foreclosure listings for more properties in the neighboring area.



Silver Spring, MD

As of 2011, Silver Spring's population is 79,658 people. Since 2000, it has had a population growth of 4. 07 percent. The median home cost in Silver Spring is $392,200. Home appreciation the last year has been -1. 34 percent. Compared to the rest of the country, Silver Spring's cost of living is 39. 10% Higher than the U. S. average. Silver Spring public schools spend $8,183 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 9 students per teacher in Silver Spring. The unemployment rate in Silver Spring is 5. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Silver Spring jobs have Increased by 1. 47 percent. Average Commute time is 37 minutes. The National Average is 28 minutes.

Peoplesilver-spring, mdUS
Population79,658307,829,557
Pop Density8,26487
Pop Change4.07%9.34%
Median Age37.836.6
Households31,684116,329,167
Household Size2.532.58
Male Population48.69%49.31%
Female Population51.31%50.69%
Married Population37.74%47.15%
Single Population62.26%52.85%
Estimated Households By Household Incomesilver-spring, mdUS
Income Less Than 15k6.43%12.10%
Income Between 15k And 25k5.89%10.18%
Income Between 25k And 35k7.15%10.56%
Income Between 35k And 50k13.54%14.98%
Income Between 50k And 75k21.02%19.53%
Income Between 75k And 100k14.69%12.52%
Income Between 100k And 150k16.29%12.14%
Income Between 150k And 250k7.80%3.91%
Income Between 250k And 500k6.32%3.34%
Income Greater Than 500k0.87%0.75%
Economysilver-spring, mdUS
Unemployment Rate5.00%9.10%
Recent Job Growth1.47%-0.12%
Future Job Growth37.94%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.95%6.25%
Income Per Cap$36,906$27,067
Household Income$69,949$52,954
Housingsilver-spring, mdUS
Median Home Age51.335.1
Median Home Cost$392,200$175,100
Home Appreciation-1.34%-3.15%
Homes Owned44.48%59.90%
Housing Vacant3.55%10.37%
Homes Rented51.97%29.73%
Property Tax Rate$12.02$11.20
Owner Occupied Housing Units By Valuesilver-spring, mdUS
Less Than 20k0.11%2.65%
20k To 399990.36%3.76%
40k To 599990.16%4.99%
60k To 799990.40%6.01%
80k To 999990.77%7.27%
100k To 1499992.97%19.24%
150k To 1999994.49%14.67%
200k To 29999914.76%18.09%
300k To 39999937.38%9.14%
400k To 49999919.22%4.94%
500k To 74999914.52%5.42%
750k To 9999994.02%2.03%
1kk Or More0.84%1.77%
Educationsilver-spring, mdUS
School Expend$8,183$5,678
Pupil Teacher Ratio14.914.9
Students Per Librarian340803
Students Per Counselor308513
2 Yr College Grad4.34%7.47%
4 Yr College Grad24.10%17.42%
Graduate Degrees25.48%10.12%
High School Grads82.21%84.72%
Crimesilver-spring, mdUS
Violent Crime54
Property Crime54
Housing Units By Year Structure Builtsilver-spring, mdUS
1999 To 20056.77%13.71%
1995 To 19981.37%8.54%
1990 To 19942.25%5.77%
1980 To 19894.65%13.87%
1970 To 197910.14%16.17%
1960 To 196921.81%11.70%
1950 To 195922.90%11.08%
1940 To 194917.92%6.02%
1939 Or Earlier12.18%13.15%

Table Information