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Foreclosures and REO's
Foreclosures and Real Estate Owned (REO) properties are homes that are bank-owned. Many foreclosures and REO properties are still available in today’s real estate market. If you are looking to purchase a foreclosure or REO, there are still many great deals from which to choose. As a local expert, I have assisted many home buyers with the purchase of foreclosures and welcome the opportunity to assist you too. I understand the advantages and disadvantages of purchasing a foreclosure and will gladly use my expertise to ensure that you choose a property that is safe and profitable for you.
Did you know that all foreclosures are not necessarily a good deal? While the price of a foreclosure or REO may be slightly below market value, the condition of the property is often substandard at best. When considering purchasing a foreclosure, you must consider the price of the property, the condition of the property, and the costs (time, materials, resources) associated with making improvements to the property. In addition, if the property will be used as an investment property, you must also consider the current rental rate and the anticipated increase in market value over time. Other things to consider are property taxes, insurance, and additional operating costs. With all of these things to consider, you need a REALTOR® with the skills and expertise necessary to ensure that purchasing a foreclosure or REO will yield the financial results anticipated with minimal aversions.
If you have been thinking of buying a foreclosure in Alexandria, Lorton, Woodbridge or any of the surrounding areas, contact me today. I will diligently work to ensure that your home purchase is worth the investment.
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Today's New Foreclosure Listings!
Great Opportunity to own in Burke Centre. Single family with 1 car garage. Family room off eat-in kitchen features a wood burning fireplace. Basement with lots of stora...
- 3 Beds
- 3 Baths
- VAFX747984 MLS
Spacious one level living in Alexandria! Brick and siding, detached 2 car garage, front porch, fenced backyard with shed and in ground pool (as is). Family room or 5th be...
- 4 Beds
- 3 Baths
- VAFX748012 MLS
Move-in Ready! Recently updated spacious brick 4BR in the heart of Manassas! H/W floors, updated kitchen with s/s appliances, granite countertops, attached garage and mu...
- 4 Beds
- 3 Baths
- VAPW322812 MLS
Beautiful Chestnut model on corner lot. Full kitchen in basement, several decks, hot tub on main deck. Great condition!
- 5 Beds
- 4 Baths
- VAPW322802 MLS
Renovated 1 BR and 1 BA condo with balcony in a prime location! New kitchen with new appliances, tops and cabinets, new bath, tile, new floors, freshly painted throughout...
- 1 Beds
- 1 Baths
- VAFX746898 MLS
- Huntington Walk Bldg.
Gorgeous 4 story colonial with elevator, cathedral ceilings and more! 6 bedrooms, 5.5 baths, upper level loft, 4 fireplaces, office, media room and 3 car garage just to ...
- 6 Beds
- 6 Baths
- VAFX746928 MLS
Spectacular luxury 5 BR, 5.5 bath stone water front home with private pier/gazebo and dock plus 8 car attached garage in charming Historic Occoquan! Walls of windows for ...
- 5 Beds
- 6 Baths
- VAPW321128 MLS
This 4 bedroom 3 Bath home located close to shopping and commuting. Home being sold AS-IS. If financed, we NEED either a Mr Cooper pre-qualification OR a loan approval...
- 4 Beds
- 4 Baths
- VAPW322352 MLS
Langley High School Pyramid!!! Hardwood Floors! Very convenient location to Tysons and Reston! 12 minutes to the metro station.4 bedrooms on upper level. oversized 2 car...
- 4 Beds
- 3 Baths
- VAFX746862 MLS
*** HIGHEST & BEST REQUESTED **: Buyer's highest and best offer has been requested. Offer must be submitted by 1/21/2019 11:59:00 PM Mountain Standard Time ***** FORECLO...
- 2 Beds
- 1 Baths
- VAFX746616 MLS
Your opportunity to own at Powells Landing! A renovated end unit luxurious townhouse with brick front, 2 car garage, deck. Beautiful gleaming wood floors on main living a...
- 3 Beds
- 4 Baths
- VAPW322114 MLS
Spacious Cape Cod on private, wooded half acre lot in beautiful Brentwood! FIRST FLOOR MASTER BEDROOM SUITE w/master bth! Kitchen with granite & stainless. Fully finished...
- 4 Beds
- 4 Baths
- VAFX745794 MLS
***please call me with any questions or concern****Auction bidding will begin on 1/22/2019 and conclude on 1/24/2019. This property is now under auction terms. All offers...
- 3 Beds
- 3 Baths
- VAFC111082 MLS
property is being sold subject to 24 CFR 206.125, first look period applies, Spacious open plan second level condo with large balcony in Stratford Community, has 2 large ...
- 2 Beds
- 2 Baths
- VAPW321628 MLS
- Stratford Condo Bldg.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Real Estate Company. are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. All listing information copyright MRIS 2019. Last updated:
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