Home for Sale at 9 SCOTTSBURY COURT, GERMANTOWN, MD 20876

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9 Scottsbury Court
Germantown, MD 20876

Debbie Hsu with RE/MAX Town Center, original listing - (301) 637-9762

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Property Details

List Price:	$550,000
Beds:	4
Baths:	Full: 3
Status:	Active
SqFt:	2316 Square Feet
Agency:	RE/MAX Town Center
Agency Phone:	(301) 637-9762

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Description/Comments

Lot Size:	0 acre(s)
Property Type:	Residential-Single Family Residence
Year Built:	1989
Notes:	Wow, get ready to fall in love with this larger model boasting over 2300 sq ft Split Foyer SFH with 4 bedrooms/3 full baths with an extra bonus of a home office that is beautifully updated and move-in ready for the new owners in this sought after Wexford community in a nice cul-de-sac location. You will love the abundant nature lights throughout the entire home that make it so welcoming and inviting. The open floor plan on the main level where living room to dining room to the kitchen leads to the deck to the backyard making this home perfect for entraining family and friends. Fresh paints throughout this lovely home and nice sized kitchen comes with an island with New quartz countertop and SS appliances! Not to mention it's graced with trendy New LVP flooring on both levels and New carpets in all generous sized bedrooms to make this home so cozy and comfortable. While it's nice to have double vanity and walk in closet for the master bedroom, what a special feature for the second bedroom to have its own separate entrance to the hallway bathroom. The new HVAC replaced right before it is listed on the market, will bring new owners peace of mind in this very cold and snowy weather. On top of that, talk about convenience, minutes to plenty of dining and shopping options in nearby Milestone Shopping Center: Wal-Mart, Giant Food, Aldi, Best Buy, Target, Kohl's, Michael's, Pep Boys, Starbucks, Restaurants and so on. Nearby bus stops allow for public transportation options and minutes to I-270! Truly, you don't want to miss this lovely home, come and see and make it your own before it is gone!
MlsNumber:	--
ListingId:	MDMC2163510

Listing Provided By:	RE/MAX Town Center, original listing
Phone:	(301) 637-9762
Office Phone:	(301) 637-9762
Agent Name:	Debbie Hsu
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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