Foreclosures Woodbridge, Virginia have certain benefits and risks. If you are a buyer looking to get a good deal on a bank owned property where do you start? Almost all banks list there REO properties with a Realtor. You will want to work with a Real Estate Brokerage that is familiar with foreclosures in your area. The agents at More Options Realty have been working in this market since it started. Not only do they help buyers find there dream home. They also work with several banks and are privy to when new foreclosures come on the market.
It may seem to you that the inventory for foreclosures is down from last year. However the housing market is facing swelling ranks of homeowners who are seriously behind on there mortgages but have yet to lose their homes, and this is threatening a new wave of foreclosures that could hit just as the real estate market has begun to stabilize. About 5 million to 7 million properties are potentially eligible for foreclosure but have not yet been repossessed and put up for sale. Some economists project it could take nearly three years before all these homes have been put on the market. The number of pending foreclosures should grow bringing more inventory in Woodbridge, Virginia.
Is buying a foreclosure a good idea or not? Can I really get a good deal? What does it mean to buy a home AS-IS? Can I do a home inspection on a foreclosure? What is the difference between a bank owned property and a short sale? Why do I need an agent to buy a foreclosure? You may have a lot of questions about this market. The option you have is to have a free consultation so all of your questions can be answered about the market in Woodbridge, Virginia. Call today to ask any questions you may have on the market at 703-831-1077.
How do I start receiving a foreclosures list for the Woodbridge, Virginia area? Will it cost me anything? We can provide you a list for free as well as assist you in buying a foreclosure in your area. Our expertise is free to the buyer because our commission is paid for by the bank. We can also get you paired up with experts that will help facilitate the home buying process. What are you waiting for, a bank owned specialist is ready to assist you, give us a call at 703-831-1077.