Home for Sale at 7918 Unit A POTTER PLACE, ELKRIDGE, MD 21075

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7918 Unit A Potter Place
Elkridge, MD 21075

Liz Osborn with Coldwell Banker Realty, original listing - (410) 263-8686

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Property Details

List Price:	$525,000
Beds:	3
Baths:	Full: 3, ½: 1
Status:	Active
SqFt:	2659 Square Feet
Agency:	Coldwell Banker Realty
Agency Phone:	(410) 263-8686

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 sqft
Property Type:	Residential-Condominium
Year Built:	2021
Notes:	You will love this large and 3 years young luxury townhome is Delacour at Blue Stream. This three-level elevator townhome/condo has it all. Drive into your one car garage and enter your large private foyer where you can drop off your coat and shoes and head up -either by your own private elevator or your private stairs to your luxury living space. Groceries? Bad knees? Have friends or family with mobility issues? It is never a problem with the elevator! The open concept living area encompasses a state of the art Kitchen with quartz countertops and stainless steel appliances. There is a large living room and dining room as well as an alcove that could be a home office or playing space The dining room/family room has a Butlers Pantry and leads to your balcony where you can enjoy the great outdoors! Relax and enjoy sweet dreams in the owner’s suite which features a walk-in closet and an ensuite bathroom with a dual sink vanity, upgraded countertops, and a standing shower with a built-in bench seat. The laundry room, on the bedroom level has enough space to use for storage or a craft area! Two other bedrooms and a large hall bath finish off the top level! With over 2600 square feet of living-you will not want for space! Great community Amenities! This is a truly lock and leave property! Conveniently located with easy access to I-95, Rt 100, Rt 1 & Rt 175. Close to NSA & Ft. Meade. Plenty of extra parking spaces for guests!
MlsNumber:	--
ListingId:	MDHW2047480

Listing Provided By:	Coldwell Banker Realty, original listing
Phone:	(410) 263-8686
Office Phone:	(410) 263-8686
Agent Name:	Liz Osborn
Disclaimer:	Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered.

VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments.

Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.

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