Fairfax County Foreclosures-Newer Lorton Detached Homes

By
Real Estate Agent with Integrity Real Estate Group

Lorton Station Homes

A number of properties listed as foreclosures in Fairfax County are homes that have been built in last few years.  Lorton which has had significant growth in the last five years is one of the those neighborhoods.   Since these homes are newer many of them are still covered by the builders warranty and have some of the upgrades today’s buyers are looking for.  In fact some of these homes have never been lived in having been purchased by speculators who hoped to buy and flip. 

Lorton has come a long way from the days when it was only known as the location of a federal prison complex.  Today you will find the Lorton Marketplace with a Shoppers Food Warehouse, Lorton Station with multiple restaurants and a VRE station.  With the new South County High School, Lorton Workhouse Arts Center and Laurel Hills Golf Course the area has become a vibrant community. 

So if you are considering a foreclosure property in the area you may want to take a look at what the homes in Lorton have to offer.   

 

Address Price Former Price AdvertisedSubdivision Style BR BA LVLS FP
9074 FUREY RD $465,000 $520,000 LAUREL HIGHLANDS Colonial 3 3.5 3 1
7740 GRANDWIND DR $489,500 $715,000 LORTON TOWN CENTER Colonial 3 3.5 3 1
8228 LAUREL HEIGHTS LOOP $474,900 $697,000 LAUREL CREST Colonial 4 3.5 3 1
8140 GILROY DR $484,900 $674,298 LAUREL HIGHLANDS Colonial 4 4.5 3 1
9096 PURVIS DR $505,000 $742,845 LAUREL HIGHLANDS Colonial 4 3.5 3 1
9665 HAWKSHEAD DR $564,500 $840,000 VILLAGE AT LORTON VALLEY Colonial 4 4.5 3 0
8107 GILROY DR $579,900 $725,990 LAUREL HIGHLANDS Colonial 4 4.5 3 1
8354 MIDDLE RUDDINGS DR $589,000 $495,606 VILLAGE AT LORTON VALLEY Colonial 4 3.5 4 1
8110 BLUEBONNET DR $850,000 $734,865 LAUREL HILL Colonial 5 4 3 1

 

Remember that deciding whether to buy a foreclosure property in Fairfax County is not as easy as walking in to the house and saying “I’ll take it.” Purchasing foreclosure properties requires more time and negotiation with a third party than buying a resale home. Third party mortgage holders, banks and mortgage companies, are willing to negotiate but they are not taking pennies on the dollar. Submitting an offer for half of the value of the home is not going to be taken seriously and could reduce your chances to buy the property you really want.

The third party mortgage holders expect a buyer to submit a letter from a reputable lender stating they are qualified to buy the home. Some properties, for example those listed by Countrywide Mortgage or Wells Fargo require that you are qualified according to their specific guidelines and by one of there mortgage consultants.

So as you weigh your options and research whether a foreclosure property may be right for you, make sure you have talked to a lender so you understand and are comfortable with your financial situation. If you need assistance in connecting with a lender let me know and I will be glad to pass on some names for you to contact.

Before you make the decision to buy a Fairfax County foreclosure property make sure you work with an agent who has experience in handling foreclosures evaluations for third parties and understands the process of making an offer and negotiating with a third party.

If you are interested in receiving information on any of these Fairfax County foreclosure properties or in other areas give me a call. I’ve successfully negotiated with third parties to help my clients buy a foreclosure and REO properties.


More information about Lorton Virginia

More information about purchasing Foreclosure properities

 

 

©2008. All rights reserved.  Cindy Jones

 

____________________________________________________________________________________________________________ 

 

Cindy Jones

As an Associate Broker with RE/MAX Allegiance in Northern Virginia and native of the area I can assist you whether you are buying, selling or renting a home anywhere in Northern Virginia. For more information about the area or my services you can check VaRealEstateTalk or my Northern Virginia website.

Search all homes available in the Northern Virginia area.

 

 

 

Posted by

                                   Real People*Real Lives*Real Estate

If you are interested in learning more about the Northern Virginia Real Estate market including Alexandria, Arlington, Fairfax and Prince William Counties give Cindy Jones and Integrity Real Estate Group a call at 703-346-2213.

Military Relocation Specialist serving military families relocating to and from the Pentagon, Fort Belvoir, Quantico MCB and all of the Military District of Washington installations. 

Military Relocation Professional


Check out www.varealestatetalk.com and www.cjrealtygroup.com for more information.

Integrity Real Estate Group
 
Real People*Real Life*Real Estate

Licensed in the Commonwealth of Virginia



 

 

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Rainmaker
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Brian Block
RE/MAX Allegiance, Managing Broker/Branch Vice President - McLean, VA
Northern Virginia & D.C. Real Estate
Cindy, I'm showing two of these homes to an investor client on Tuesday evening!
Jan 25, 2008 11:33 AM #1
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Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital
Cindy, I'm trying to figure out the last two houses on the list!  The rest look totally hot!
Jan 25, 2008 02:37 PM #2
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
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Brian-good luck!  There are a couple here that should be good deals!
Jan 25, 2008 11:24 PM #3
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Cindy Jones
Integrity Real Estate Group - Woodbridge, VA
Pentagon, Fort Belvoir & Quantico Real Estate News
Patricia-yea someone didn't get the message about the market on the last two!
Jan 25, 2008 11:25 PM #4
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