Prince William County has been ground zero for mortgage defaults and ultimately foreclosed properties in Virginia for the past 18+ months. Recently though, we have developed an increasing Short Sale market as owners try to avert the financial stigma of foreclosure by negotiating the sale of their property for less than they owe.
The number of Short Sales has been increasing since the summer as Congress has started beating up the banks to try and work out loans and reduce the number of foreclosures. However, with the long negotiation period with the bank and the low success rate of actually closing a sale, many buyers are shying away from them and want to eliminate short sales from their home search.
We have just made it that much easier to find only active foreclosures in the Prince William County and Manassas / Manassas Park area. Buyers and investors looking for homes throughout Prince William County including Bristow, Haymarket, Gainesville, Dumfries, Dale City, Woodbridge, and Triangle can go to below link to get up-to-the-minute listings.
The site is continually updated so as new properties come on the market or prices change you can get the new listings immedicately. There are currently over 350 active listings at all prices and home sizes throughout the county.
If you are interested in searching only for foreclosures and taking advantage of some great prices, try this link to find out what is currently on the market in Prince William County Virginia: http://tpgrealtors.com/?target_url=http://tpgrealtors.com/Listings?operation=search%26ls=MRIS%26predefined=1256456572
Feedback welcomed and appreciated.
Hap
1/21/2008
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