FORECLOSURES IN LOUDOUN COUNTY - THEY NEED SOME WORK, BUT, WOW! WANT A BARGAIN
LOUDOUN COUNTY HOMES FOR SALE - FORECLOSURES AND NON-FORECLOSURES.
Compare the value difference between the foreclosure and non-foreclosure property listed for sale in Loudoun County.
The difference in price for many listings, foreclosures vs. non-foreclosures is about 1/3 for similar size and amenities.
FOR AN AGENT THAT USUALLY SHOWS AND SELLS NEW HOMES THROUGHOUT THE YEAR, SHOWING FORECLOSURES IS AN ADVENTURE. What surprised my buyers was the value represented in the foreclosure listing. Similar square feet, lot size, location, amenities. $200,000 difference in list price.
I met with a new buyer couple today and we toured homes in Lovettsville and Round Hill, Virginia. The homes are very similar in size and floor plan. The difference is primarily condition. House #1 has no kitchen appliances.
COMPARE THE TWO PROPERTIES. THE FIRST IS A FORECLOSURE, THE SECOND IS NOT.
HOUSE #1. $439,900
3,677 Square Feet plus unfinished basement. No appliances, needs paint,
Property Details for listing # LO6935166 Listing Office: RE/MAX Leaders
Price: $439,900 City: ROUND HILL Bedrooms: 4 Bathrooms: 2 full 1 half Type of Home: Detached Style: Colonial Year Built: 2005 Lot Acreage: 3.030005 Subdivision: HAMLETS OF BLUE RIDGE County: LOUDOUN, VA State, Zip: VA, 20141 Status: ACTIVE COMPARE WITH A SIMILAR HOME OFFERED FOR SALE THAT IS NOT A FORECLOSURE.
HOUSE #2 - $639,000
3,766 Square Feet plus Partially Finished Basement. Needs paint.
Property Details for listing # LO6897177 Listing Office: RE/MAX Real Estate Group
Price: $639,000 City: ROUND HILL Bedrooms: 5 Bathrooms: 3 full 1 half Type of Home: Detached Style: Colonial Year Built: 2001 Lot Acreage: 3.539991 Subdivision: THE ORCHARDS AT ROUND HL County: LOUDOUN, VA State, Zip: VA, 20141 Status: ACTIVE Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988.
Comments(0)