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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!

4424 Airlie Way, Annandale image
4424 Airlie Way, Annandale $442,000

Partially remodeled townhouse in great area near computer routes and shopping.

  • 14 Beds
  • 2 Baths
  • VAFX1106674 MLS
6201 Wilmington Drive, Burke image
6201 Wilmington Drive, Burke $590,000

Beautiful Home in the heart of Burke. Centre.Move-in ready condition! Great Colonial with 3 levels, nicely upgraded kitchen, hardwood floors on the main level, separate l...

  • 3 Beds
  • 3 Baths
  • VAFX1106638 MLS
1 Canterbury Square Unit #302, Alexandria image
1 Canterbury Square Unit #302, Alexandria — Canterbury Squar $233,200

Fabulous, sunlit 970 square foot 2 bedroom 1 bath condo in awesome Alexandria with spacious living room and dining area and wonderful balcony for outdoor living. Hardwoo...

  • 2 Beds
  • 1 Baths
  • VAAX242738 MLS
  • Canterbury Squar Bldg.
8601 Monacan Court, Lorton image
8601 Monacan Court, Lorton $860,000

Auction Dates: 1/18/2020 to 1/21/2020 "This property has been placed in an upcoming online event. All bids should be submitted at www.xome.com/auctions (void where prohi...

  • 4 Beds
  • 4 Baths
  • VAFX1106456 MLS
5830 Rexford Drive Unit #728, Springfield image
5830 Rexford Drive Unit #728, Springfield — Cardinal Forest $308,900

3-LEVEL TOWNHOUSE CONDO WITH 3 BEDROOMS AND 3 FULL BATHS in highly sought-after Cardinal Forest! Leave the hustle and bustle of the city and retreat to a quiet and peacef...

  • 3 Beds
  • 3 Baths
  • VAFX1106352 MLS
  • Cardinal Forest Bldg.
501 Slaters Lane Unit #710, Alexandria image
501 Slaters Lane Unit #710, Alexandria — Marina Towers $494,900

Come and see a fully updated 2 bedroom 2 bath unit in Marina Towers. Marina Towers is an elegant condo building on the water in North Old Town. On a cul-de-sac it is pri...

  • 2 Beds
  • 2 Baths
  • VAAX242642 MLS
  • Marina Towers Bldg.
2500 N Van Dorn Street Unit #726, Alexandria image
2500 N Van Dorn Street Unit #726, Alexandria $205,000

Serene view overlooking an historic landmark, Fort Ward Park! So close to Bradlee Shopping Center with Starbucks, The Fresh Market, and restaurants and shops for your co...

  • 2 Beds
  • 1 Baths
  • VAAX242490 MLS
1266 Cobble Pond Way, Vienna image
1266 Cobble Pond Way, Vienna $1,275,000

OPEN HOUSE SUNDAY, 01/19/20 1-4PM! Breathtaking updated home in popular Great Falls Crossing Community! Luxury 5 bedrooms/5 full-baths/1 half-bath/3 finished levels/2 fir...

  • 5 Beds
  • 6 Baths
  • VAFX1105196 MLS
13357 Colchester Ferry Place, Woodbridge image
13357 Colchester Ferry Place, Woodbridge $429,900

Bidding Start Date 01/18/2020 Bidding End Date 01/21/2020This property has been placed in an upcoming online event. All bids should be submitted at www.xome.com/auctions ...

  • 3 Beds
  • 4 Baths
  • VAPW485046 MLS
3348 Vineland Place, Dumfries image
3348 Vineland Place, Dumfries $249,900

Highest and Best Deadline, 01/13/2020 8PM. Great opportunity! Spacious town home in amazing community. Property is in great condition with hardwood flooring on main level...

  • 3 Beds
  • 3 Baths
  • VAPW484756 MLS
2581 Miranda Court, Woodbridge image
2581 Miranda Court, Woodbridge $285,000

Welcome home to this very nice 3 bedroom, 3.5 bath townhome in the beautiful River Oaks community. Some work is needed to make this absolutely stunning. Open floor plan...

  • 3 Beds
  • 4 Baths
  • VAPW484678 MLS
2547 James Monroe Circle, Herndon image
2547 James Monroe Circle, Herndon $478,400

Spacious townhouse is great location. Fenced backyard. Kitchen has stainless appliances

  • 3 Beds
  • 4 Baths
  • VAFX1103992 MLS

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