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Posted about 13 years ago

Find foreclosure homes in Bowie, MD

Homes in foreclosure in Bowie offer you plenty of selections. In 2010, at least thirty percent of the homes that were sold in Bowie, Maryland were foreclosures, according to Maryland real estate agents.  The city of Bowie continues to have many opportunities to purchase homes which are in foreclosure.  Foreclosure is when the original borrower has defaulted on the loan and lost the property, which is then sold at auction.  In Maryland, the foreclosure must go through a judicial process which can take up to three months from the time the original owner is served the notice of the foreclosure.  When the home goes to auction, a purchaser can often buy the property for much less than the market value, if they are able to outbid the lender, who will probably be trying to buy the property at the auction.

A person or family who is looking to purchase a foreclosed home in Bowie, Maryland will not only find a great deal on a house, but also a city that is friendly to families.  Bowie, which is the third largest city in the state, has grown from a small railroad town to a fast growing city.  It is home to several museums, an ice arena, a theater/playhouse, and three community centers.  Bowie is very baseball oriented, boasting seventy two ball fields, and a Class AA Eastern League pro team.  The city also proves interesting to the American history buff, with over several sites listed on the National Register of Historic Places.  Bowie, which is located in Prince George's County, has several private schools as well as a public school system, and is home to Bowie State University, which was founded in eighteen sixty-five.  The Bowie Golf and Country club has a year round eighteen hole golf course.

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