Why Buy Foreclosures? 

Why would you want to buy a foreclosed home? Here are just a few of the reasons that homeowners and investors are flocking to the foreclosure market.

• Low prices. Foreclosures sometimes sell for 20 to 50% below their true market values. More modest discounts of 5 to 10% are more common, but foreclosures are almost always priced lower than homes in the traditional real estate market.
• Great fixer uppers homes. Many foreclosed homes are 'fixer upper homes' that need repairs, renovation, and tender loving care. By investing a little sweat equity, most homebuyers find that they can make significant profit by reselling the home after some relatively quick and minor repairs.
• Lower closing costs. The banks and government agencies that sell foreclosed homes are in a hurry, which means that they are often willing to accept lower offers on down payments, financing options, closing costs, and all the other miscellaneous costs associated with buying a home. Many sellers will come right out and offer buyers great deals and contract terms simply to sell the house quickly.
• No move-in delays. Most foreclosures are vacant, meaning that you can move in almost immediately after purchasing the home, without having to wait for the previous owners to move out.
• Flexible financing. When banks sell foreclosed properties, they're often willing to offer very flexible financing terms to sweeten the deal and sell the property more quickly.
• Profitability. Because foreclosures are so inexpensive, they're great options for resale, equity-building, renting, and other investment purposes. You can easily make a tidy profit, and quite possibly make your personal fortune by wisely investing in foreclosed properties.

 

There is a direct link on my site to all of the properties that are available in MRIS, the local Multiple Listing Service for Northern Virginia. Any real estate that is listed on the MLS you now have access to by using our website.  Just use the button on the left "Search for Homes throughout Virginia"

You can go in and set up a search for yourself in the "My HomeTracker" located on the top of the page.  The system will e-mail you daily if there are any new listings that meet your criteria.  If you think one of the properties sounds like something you'd be interested in, please contact me, and I will send you more information.  

Affordable Condomimiums in Woodbridge, VA.

 

The Prospect Cove, Lake Ridge Pointe, Sherbrooke, Summerhouse II, and Many More!

Own for $1000 a month or less!

Affordable Town Homes in Woodbridge, VA.

Dale City, Lake Ridge, Rippon Landing, Winslow Chase, Forest Hill, and Many More!

Own for $1300 a month or less!

Affordable Single Family Homes in Woodbridge, VA!

Dale City, Lake Ridge, Dumfries, and Many More!

Own for $1500 a month or less!

Affordable Town Homes in Stafford, VA.

The Townes of Ashleigh, Cabin Crekwood, Sunningdale Meadows, Stone River, Spring Hill and Many more!

Own for $1300 a month or less!

Affordable Single Family Homes in Stafford, VA.

Huntingtin Hills, Green Acres, Argyle Hills, Cypress Estates, Aquia Run, Aquia Harbour, and Many More!

Own for $1600 a month or less!

Find all of these homes searching the MLS by using the link below.

Start Your Home Search Now!

The  "Mortgage Center" button on the left will  give you access to  information on financing, and what different loans will cost you.  You may be surprised to find out what you can afford.  However, I do not recommend that you go to maximum amount that you would qualify for.  You can't just live and work to pay your mortgage.  You should have money to live on, pay your bills, and of course you should have enough to take a break and enjoy yourself too.

Get Pre- Qualified Now!

This site is updated frequently.  If you bookmark it, you can check back soon to see what new links or additional information is available.

PRIVACY POLICY

I  take your privacy very seriously.   Any personal information you give me will remain completely confidential.  It will be used for your dealings only and will never be sold or rented to any persons or companys for any reason.  When the time comes, some details will be released to your loan officer, the settlement company or any others involved in the transaction on a need-to-know basis only. 

*All homes pictured above are examples of  homes located in above mentioned subdivisions*

*Financing based on qualification of credit and debt*

* All Featured  Listing  Remarks, Concessions, Terms, Conditions and any other Details are subject to change by sellers and listing agents .  Contact for current listing details*

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