Northern Virginia Foreclosures and Short Sales Washington DC REO

Specific Cities for Foreclosures REO Listings in Northern Virginia Washington DC

If your in the market for a bargain foreclosure …. you may not find it. Bank foreclosures are down and the inventory of bank owned resales are at extreme low levels. (Which is a good thing!) There is some speculation that the banks are holding a “shadow” inventory, that may be true in judicial foreclosure states, but Virginia is a non-judicial state. So the likely hood of that “shadow” inventory hitting the market right now is slim to none. Currently there are only >>> 105 <<<< foreclosures available in all of the 6 northern Virginia jurisdictions, including Loudoun, Fairfax, Arlington, Prince William Counties and the Cities of Falls Church and Alexandria. That’s it … 105 with one third of those in Prince William County.

Looking at the first quarter sales in 2013 there were just 487 foreclosure resales.

Compared to first quarter of :

(2010) 1,105 sales
(2011) 930 sales
( 2012) 798 sales
(2013) 487

You can see the downward trend. Contact us at JustNewListings.com Realty to get instant notification of any new listing that hits the market.

 

Alexandria Virginia Foreclosures Annandale Virginia Foreclosures Arlington Virginia Foreclosures Ashburn Virginia Foreclosures
Burke Virginia Foreclosures Centreville Virginia Foreclosures Chantilly Virginia Foreclosures Clifton Virginia Foreclosures
Fairfax Virginia Foreclosures Falls Church Virginia Foreclosures Great Falls Virginia Foreclosures McLean Virginia Foreclosures
Springfield Virginia Foreclosures Vienna Virginia Foreclosures Washington DC Foreclosures Woodbridge Virginia Foreclosures
Herndon Virginia Foreclosures  Oakton Virginia Foreclosures

 

I’ll try to have the rest of these city st virginia foreclosures up and running soon! If you have a particular city you’d like to request let me know…..

Pretty soon I’ll have a big update on this niche of Northern Virginia real estate. Are the numbers of foreclosures holding steady or going up or down? What is the average sales price of them and are they really a good deal or not when buying a home in any of the main cities in the area such as but not limited to the following:

Alexandria
Annandale
Arlington
Ashburn
Burke
Centreville
Chantilly
Clifton
Fairfax
Falls Church
Great falls
McLean
Sprinfield
Vienna
Woodbridge
Washington DC

As a general rule they sell for 5% lower than market value so they represent a deal. However it is not wise to limit your search to them or your missing out on 95% of the market. Odds are much higher you’re going to find a regular resale that fits you well with all the features that are important to you. But occassionally a foreclosure ends up having what you’re looking for–but that is the exception. Just keep an open mind and play to win. Hire an agent that is a master negotiator and can help you beat out competing offers.

Northern Virginia Foreclosure Listings & REO Homes for Sale

Foreclosure
$8,250,000
Land For Sale
Active
60
ACRES
KENT-DE
COUNTY
416 NE 10th Street
Milford, DE 19963
 
Short Sale
$2,800,000
Commercial For Sale
Active
3.31
ACRES
PHILADELPHIA-PA
COUNTY
6101 Keystone Street
Philadelphia, PA 19135
 
Short Sale
$1,998,000
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
10,000
SQFT
10415 Stapleford Hall Drive
Potomac, MD 20854
KENTSDALE ESTATES Subdivision
Short Sale
$1,995,000
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
9,102
SQFT
8605 Burning Tree Road
Bethesda, MD 20817
BRADLEY HILLS GROVE Subdivision
Foreclosure
$1,850,000
Land For Sale
Pending
50
ACRES
WICOMICO-MD
COUNTY
Heritage Court
Salisbury, MD 21801
HERITAGE Subdivision
Short Sale
$1,800,000
Single Family Home For Sale
Active
5
BED
7
TOTAL BATHS
10,516
SQFT
10835 Patowmack Drive
Great Falls, VA 22066
BEACH MILL DOWNS Subdivision
Short Sale
$1,695,000
Single Family Home For Sale
Active
7
BED
6
TOTAL BATHS
5,350
SQFT
7102 Pomander Lane
Chevy Chase, MD 20815
CHEVY CHASE MANOR Subdivision
Short Sale
$1,600,000
Single Family Home For Sale
Active
7
BED
7
TOTAL BATHS
10,292
SQFT
4309 Sundown Road
Gaithersburg, MD 20882
SUNDOWN HILLS Subdivision
Short Sale
$1,300,000
Single Family Home For Sale
Active
5
BED
5
TOTAL BATHS
4,709
SQFT
1610 Fielding Lewis Way
Mclean, VA 22101
CHESTERBROOK FARM Subdivision
Foreclosure
$1,225,000
Single Family Home For Sale
Active Under Contract
5
BED
5
TOTAL BATHS
6,834
SQFT
14102 Robcaste Road
Phoenix, MD 21131
FOUR PONDS Subdivision
Short Sale
$1,200,000
Single Family Home For Sale
Pending
5
BED
7
TOTAL BATHS
7,696
SQFT
43552 Tuckaway Place
Leesburg, VA 20176
RIVER CREEK Subdivision
Short Sale
$1,195,000
Single Family Home For Sale
Active Under Contract
5
BED
6
TOTAL BATHS
5,144
SQFT
1145 Turkey Point Road
Edgewater, MD 21037
TURKEY POINT Subdivision
Foreclosure
$1,189,900
Commercial For Sale
Pending
WORCESTER-MD
COUNTY
11073 Cathell Road
Berlin, MD 21811
NONE AVAILABLE Subdivision
Short Sale
$1,150,000
Single Family Home For Sale
Active Under Contract
5
BED
5
TOTAL BATHS
5,220
SQFT
5681 Solomons Island Road
Tracys Landing, MD 20779
TRACYS LANDING Subdivision
Short Sale
$1,100,000
Single Family Home For Sale
Active
5
BED
4
TOTAL BATHS
4,109
SQFT
1235 Capstan Drive
Forked River, NJ 08731
FORKED RIVER Subdivision
Short Sale
$1,100,000
Single Family Home For Sale
Active Under Contract
5
BED
6
TOTAL BATHS
7,411
SQFT
7600 Kincheloe Road
Clifton, VA 20124
WYANT PROPERTY Subdivision
Short Sale
$1,100,000
Single Family Home For Sale
Pending
6
BED
8
TOTAL BATHS
11,211
SQFT
12609 Hill Creek Lane
Potomac, MD 20854
STONEY CREEK ESTATES Subdivision
Short Sale
$1,100,000
Single Family Home For Sale
Active
6
BED
5
TOTAL BATHS
5,937
SQFT
6443 Overlook Drive
Alexandria, VA 22312
PINECREST Subdivision
Short Sale
$1,095,000
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
32 Beasley Neck Road
Salem, NJ 08079
NONE AVAILABLE Subdivision
Short Sale
$1,050,000
Single Family Home For Sale
Active Under Contract
5
BED
6
TOTAL BATHS
5,570
SQFT
506 Bayside Drive
Stevensville, MD 21666
BAY CITY Subdivision