Real estate blog entries tagged with prince william county foreclosures by Cindy Jones-Northern Virginia Real Estate & Military Relocation Services (RE/MAX Allegiance #1 RE/MAX Company in the World)

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prince william county foreclosures: Prince William County Buyers-What About Those Permits? - 05/05/09 07:27 PM

A few days ago in a post "House Flippers Beware-Do You Know about the 90 Day FHA rule" I mentioned a couple of the issues that investors and buyers were encountering when trying to flip or buy a flip in this market.
The second issue we are now finding is that … (6 comments)

prince william county foreclosures: House Flippers Beware-Do You Know About the FHA 90 Day Rule? - 04/30/09 08:14 AM

You just got a great deal on a foreclosure or short sale property in Prince William County. You brought in your crew to renovate and now it is ready to go back on the market. But who can you sell it to?Recently my buyers have encountered two properties in Woodbridge that … (10 comments)

prince william county foreclosures: Is the Market About to Be Flooded with Foreclosures….Again? - 04/18/09 06:26 AM

Most of the larger banks put a moratorium on foreclosures last fall and the impact could be seen throughout Northern Virginia. Inventory decreased, bidding wars started and houses flew off the market. Now the floodgates of foreclosures appear to be ready to open again. And this time some analysts are suggesting … (17 comments)

prince william county foreclosures: Not all Prince William County Foreclosures are Biohazards - 04/06/09 05:51 PM

The press loves to focus on the negative. The housing market is in shambles and all foreclosures are a wreck or so they want you to think. For those of us who are in the trenches everyday we know that there is another side to the story. In Prince William County … (6 comments)

prince william county foreclosures: Another Family Makes a Move-A Few Foreclosure Reminders - 03/23/09 06:01 PM

The landlord didn't say a word but the notice tacked on the front door said it all. The mortgage wasn't being paid and the bank was giving notice of the pending foreclosure action.It isn't a new a new phenomena, in fact I first wrote about this back in October 2007 when … (10 comments)

prince william county foreclosures: Prince William County Inventory-What's Missing From Our Numbers? - 03/18/09 07:06 PM

Currently the MRIS data shows that the number of new listings in our area is down. Okay that should be good news. However along with every set of data comes the back story. In the case of lower inventory some of that back story has to do with foreclosure listings. Last … (16 comments)

prince william county foreclosures: Jazz Up Your Walls-A Little Graffiti Art Will Do - 12/03/08 03:00 PM

The house was unassuming from the outside. A typical Prince William County brick front colonial with a great lot. Nothing unusual on the main level and since it was a foreclosure the buyer's expectations weren't set to high. Upper level had 4 nice size bedrooms and other than a little clean … (19 comments)

prince william county foreclosures: Lake Ridge-Affordable Homes in Prince William County - 11/18/08 08:41 AM

Are you looking for a neighborhood that offers you good schools, close by shopping and multiple commuting options to DC and other points? Then you need to take a look at the affordable homes in the community of Lake Ridge in Prince William County. Since many of the best values are … (2 comments)

prince william county foreclosures: Woodbridge Foreclosures-Are You Looking for A Nice Kitchen? - 11/13/08 02:30 PM

Even though there have been a few tongue and cheek Prince William County foreclosure posts there are also homes with a kitchens that any chef would envy. So if you are looking for a nice kitchen with a home attached to it let these examples show you that they are out … (2 comments)

prince william county foreclosures: Prince William County-Belmont Bay Foreclosure - 11/10/08 06:46 PM

Buyers interested in purchasing a foreclosure property often wonder if you can find properties that are in good shape. This golf villa in Belmont Bay isn't perfect but with 4 Bedrooms/3 Full Baths a garage and 2200 square feet it is a good buy. Recently my clients had looked at a much … (8 comments)

prince william county foreclosures: Prince William County Foreclosures- Lake Ridge Properties Are Still HOT! - 11/03/08 03:28 PM

The details of the 700 Billion Dollar "bailout" plan and how it will help the average homeowner in our area is still unknown. However that hasn't kept buyers sitting on the sidelines in Prince William County. Prices in many communities are 50% off of the highs of 2003-2004. Everything from almost … (2 comments)

prince william county foreclosures: REO “MYTHCONCEPTIONS” - 10/17/08 03:51 PM

It never fails when you get a group of buyer's together in Northern Virginia the talk turns to REO properties and the rumors that they have heard from their friends. From experience this year working with buyers on REO purchases I've encountered the following "mythconceptions."
Banks will not turn on the … (17 comments)

prince william county foreclosures: Everything but the Kitchen Sink-An REO Surprise - 10/03/08 10:22 PM

Just when you think you have seen it all in bank owned properties you can still be surprised. This week while showing a newly listed bank owned condo in Northern Virginia my clients and I had to look twice before uttering the phrase "everything but the kitchen sink" applied to the … (48 comments)

prince william county foreclosures: Buying Foreclosures-It Isn’t as Scary As You Might Think - 09/29/08 06:36 PM

Buyers who are considering purchasing a foreclosure property in Northern Virginia are often led to believe that the process is a complete nightmare. In reality the process has a number of the same steps as buying any other property in the area. The biggest difference is the bank addendums and your … (2 comments)

prince william county foreclosures: The Mailman Knows Where the Next Foreclosure Will Be - 08/25/08 08:43 PM

Think about it for a second. If you want to know who is having trouble paying their mortgage the mailman may be the person to ask. The mailman is the one that is delivering the overdue notices and demand letters from the lenders to the house. It seems they should be … (21 comments)

prince william county foreclosures: Foreclosure Tours from the Sublime to the Eeekkk - 08/17/08 08:27 PM

It is never a boring day when you head out to show Prince William County foreclosures. Without pictures in the MLS you aren't sure if you are going to find a gem or a horror story. Some days you get lucky and everything you show is in good shape. On other … (16 comments)

prince william county foreclosures: Meteoric Fall in Prices Leads to Scorching Summer Sales - 08/14/08 08:05 AM

Scientist around the world are studying the phenomena of global warming and wondering why the temperature around the world is rising. Perhaps they should take a look at the meteoric fall of prices in Prince William County leaving the county the hottest real estate market in Northern Virginia.
Even though the … (7 comments)

prince william county foreclosures: Fix Up Your Foreclosure and Support Habitat for Humanity at the Same Time - 08/10/08 06:48 PM

Did you just buy a foreclosure in Fairfax or Prince William County? Is your budget a little tight? Then before you head to one of the mega hardware stores stop by the local Habitat for Humanity ReStore and see if you can’t find some of what you need.
A stop … (4 comments)

prince william county foreclosures: Where Does All the Money Go? - 08/06/08 10:23 AM

Touring foreclosure properties can bring up a lot of emotions. Sometimes seeing what a family leaves behind can be sad and other times seeing the condition of a home can make you angry.
Yesterday while showing Northern Virginia foreclosures we caught a glimpse of where thousands of dollars can go instead of toward … (10 comments)

prince william county foreclosures: What Happened to the 50% Off House in Prince William County? - 08/02/08 07:46 PM

Back in May I discovered a house in Woodbridge was listed just a shade off the 2006 sales price listed in the MLS and Prince William tax records. The home was in foreclosure and after I toured the property I found both price that it sold for in 2006 and the … (8 comments)

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