How long after ratification will a house get back on market?

Profile picture for fredneck111
I'm interested in purchasing a bank-owned house in Maryland. The foreclosure filing for the house was ratified a week or two ago. The house is currently empty. How long would it take for a bank usually to put the house back to market after it is ratified. I've made calls to the bank but nobody would even bother to give me an estimate. It is just a small local bank, by the way. Other than submitting a bid when it comes up, it there anything I could do to get a decent shot at this?
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May 31 2010 - Frederick
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Answers (2)

Profile picture for Din Khaled
Any where between 30 days to 270 days to get this back in the market.

You can get to bid on the house in the court building step.  The other way is to get it when it comes back in the market.
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June 16 2010
Profile picture for Realtor Jenn
I have seen bank owned homes take up to a year to become active on the market.  Is there a reason you are only looking into this home and not all homes on the market in the area you are interested in?  If you would like a list of all home listings including foreclosures and short sales sent to you automatically please let me know.  I will need to know the areas you are interested in and the number of beds and baths required to start.

Thank You,
Jenna Schreiber, CRS
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May 31 2010
 

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Related Questions
Profile picture for Din Khaled
QuestionHow long after ratification will a house get back on market?
  • Latest answer by Din Khaled
  • June 16 2010
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