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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!

2465 Army Navy Drive Unit ##1-408, Arlington image
2465 Army Navy Drive Unit ##1-408, Arlington $335,000

Truly Magnificent BIRCH model on the top floor (4th floor ) with GAS FIREPLACE, freshly painted, Garage Space on same floor & so many outstanding features! INCREDIBLE loc...

  • 1 Beds
  • 1 Baths
  • VAAR161168 MLS
403 Yeonas Sw Drive SW, Vienna image
403 Yeonas Sw Drive SW, Vienna $598,000

SOLD STRICTLY AS-IS. Great Opportunity to Own This Single Family Detached Home. Back Deck, Fenced Backyard. Waiting for your Finishing Touches! Close proximity to Nottowa...

  • 3 Beds
  • 2 Baths
  • VAFX1122152 MLS
14399 Sedona Drive, Gainesville image
14399 Sedona Drive, Gainesville $644,900

LOCATION, LOCATION, LOCATION. Looking for a place to call home then look no further! Welcome to the beautiful community of Virginia Oaks in Gainesville! Located 34 miles ...

  • 4 Beds
  • 5 Baths
  • VAPW490480 MLS
11809 Briar Mill Lane, Reston image
11809 Briar Mill Lane, Reston $602,950

SHOW AND SELL THIS POPULAR CAPE COD HOME WITH RARE MAIN LEVEL MASTER BEDROOM. Don't miss this lovely 4 BR and 3.5 BA in this charming Cape Cod home! It's in a great loca...

  • 4 Beds
  • 4 Baths
  • VAFX1117856 MLS
9580 Covington Place, Manassas image
9580 Covington Place, Manassas $267,500

This 3 Level Brick Front Colonial is sure to please with this Great price and great location! Ideal investment property to fix, rent, or move in and add personal touches ...

  • 3 Beds
  • 3 Baths
  • VAPW491882 MLS
9620 Ridge Avenue, Fairfax image
9620 Ridge Avenue, Fairfax $599,000

Gorgeous end unit townhome feels like a single family. Located within minutes to Vienna Metro and across the street from Army/Navy Country Club. Gleaming Brazilian cherry...

  • 4 Beds
  • 4 Baths
  • VAFC119590 MLS
16215 Taconic Circle, Dumfries image
16215 Taconic Circle, Dumfries — Stockbridge Cond $209,900

Value-priced 3/2.5 TH with deck and fenced back yard very close to newer retail, commuter lot and more! 2-Level condo TH atop a separate (not included) 1-level flat con...

  • 3 Beds
  • 3 Baths
  • VAPW490840 MLS
  • Stockbridge Cond Bldg.
4115 Guilford Lane, Woodbridge image
4115 Guilford Lane, Woodbridge $284,500

This is a Fannie Mae Property. Invest in your future. Excellent opportunity to own a single family home with 4 Bedrooms, 2 baths, traditional kitchen, dining/Family Room,...

  • 4 Beds
  • 2 Baths
  • VAPW490548 MLS
2122 Tysons Executive Court, Dunn Loring image
2122 Tysons Executive Court, Dunn Loring $988,000

Rare opportunity to buy in Tyson's Executive Village. Custom home in the heart of the Tysons area. gorgeous upgrades. Luxury master suite has sitting room, wet bar, dou...

  • 4 Beds
  • 6 Baths
  • VAFX1118024 MLS
4165 Meadowland Court Unit #25, Chantilly image
4165 Meadowland Court Unit #25, Chantilly — Pinewood Meadows $219,990

None

  • 2 Beds
  • 1 Baths
  • VAFX1116818 MLS
  • Pinewood Meadows Bldg.
3601 Stonewall Manor Drive, Triangle image
3601 Stonewall Manor Drive, Triangle $570,000

Looking for a gem in sought after Stonewall Manor? Don't want to worry about major components of your home breaking down due to age? Looking for something close to base?...

  • 4 Beds
  • 4 Baths
  • VAPW490118 MLS
1628 Carter Lane, Woodbridge image
1628 Carter Lane, Woodbridge $286,000

Fannie Mae Property. Invest in your future. Excellent opportunity to own a single family home with 3 Bedrooms, 2 baths, traditional kitchen, dining/Family Room, a deck o...

  • 3 Beds
  • 2 Baths
  • VAPW490302 MLS

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