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

Short Sale
$3,200,000
Land For Sale
Active
391.12
ACRES
CLARKE
COUNTY
1035 Quarry Road
Berryville, VA 22611
 
Short Sale
$2,995,000
Single Family Home For Sale
Active Under Contract
7
BEDS
10
TOTAL BATHS
8,856
SQFT
7826 Swinks Mill Court
Mclean, VA 22102
Swinks Mill Subdivision
Foreclosure
$1,850,000
Land For Sale
Pending
50
ACRES
WICOMICO
COUNTY
Heritage Court
Salisbury, MD 21801
Heritage Subdivision
Short Sale
$1,600,000
Single Family Home For Sale
Active
6
BEDS
6
TOTAL BATHS
15,472
SQFT
6138 Falls Road
Baltimore, MD 21209
Falls Road Corridor Subdivision
Short Sale
$1,599,900
Townhouse For Sale
Active Under Contract
6
BEDS
4
TOTAL BATHS
3,595
SQFT
801 Independence Avenue SE
Washington, DC 20003
Capitol Hill Subdivision
Short Sale
$1,299,000
Single Family Home For Sale
Pending
7
BEDS
7
TOTAL BATHS
10,292
SQFT
4309 Sundown Road
Gaithersburg, MD 20882
Sundown Hills Subdivision
Short Sale
$1,199,000
Single Family Home For Sale
Active Under Contract
5
BEDS
5
TOTAL BATHS
6,769
SQFT
11629 Twining Lane
Potomac, MD 20854
Glen Mill Village Subdivision
Foreclosure
$1,189,900
Commercial For Sale
Pending
WORCESTER
COUNTY
11073 Cathell Road
Berlin, MD 21811
None Available Subdivision
Short Sale
$1,150,000
Single Family Home For Sale
Pending
3
BEDS
4
TOTAL BATHS
6,068
SQFT
2867 Cox Neck Road
Chester, MD 21619
Southwind Subdivision
Short Sale
$1,100,000
Single Family Home For Sale
Active Under Contract
4
BEDS
6
TOTAL BATHS
9,504
SQFT
1905 Patuxent View Court
Brookeville, MD 20833
Denit Estates Subdivision
Short Sale
$1,085,000
Single Family Home For Sale
Active Under Contract
5
BEDS
4
TOTAL BATHS
2,807
SQFT
162 Long Beach B #B
Long Beach Township, NJ 08008
Loveladies Subdivision
Short Sale
$1,050,000
Single Family Home For Sale
Pending
5
BEDS
6
TOTAL BATHS
5,570
SQFT
506 Bayside Drive
Stevensville, MD 21666
Bay City Subdivision
Short Sale
$1,000,000
Single Family Home For Sale
Pending
6
BEDS
8
TOTAL BATHS
11,211
SQFT
12609 Hill Creek Lane
Potomac, MD 20854
Stoney Creek Farm Subdivision
Foreclosure
$999,500
Commercial For Sale
Pending
2.01
ACRES
ATLANTIC
COUNTY
3016 Hingston Avenue
Egg Harbor Township, NJ 08234
 
Short Sale
$980,000
Single Family Home For Sale
Pending
4
BEDS
6
TOTAL BATHS
9,586
SQFT
3175 Lorenzo Lane
Woodbine, MD 21797
Cattail Trace Subdivision
Short Sale
$950,000
Single Family Home For Sale
Active
4
BEDS
5
TOTAL BATHS
4,598
SQFT
311 S Hinchman Avenue
Haddonfield, NJ 08033
Elizabeth Haddon Subdivision
Short Sale
$900,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
7,429
SQFT
14100 Head Estate Place
Nokesville, VA 20181
None Available Subdivision
Short Sale
$899,900
Single Family Home For Sale
Active Under Contract
7
BEDS
8
TOTAL BATHS
9,180
SQFT
40278 Warren Glen Lane
Leesburg, VA 20175
Loudoun Subdivision
Short Sale
$850,000
Commercial For Sale
Active
3.2
ACRES
FRANKLIN
COUNTY
2071 Lincoln Way E
Chambersburg, PA 17202
Guilford Twp Subdivision
Short Sale
$825,000
Single Family Home For Sale
Pending
5
BEDS
5
TOTAL BATHS
6,556
SQFT
11 Hunt Club Court
Edgewater, MD 21037
South River Colony Subdivision