Loudoun Foreclosures

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Loudoun County Foreclosure, REO and Short-Sale Update
2007-12-12 19:06:00
Here's an update on foreclosures/REO and short-sales in Eastern Loudoun County . This table shows the number of foreclosures/REO and short-sales that have sold (gone under contract) so far in December as a percentage of total sales. Solds-12/1/07 to 12/12/07 REO/Short-Sale Total Percentage Ashburn 5 16 31% Leesburg 2 14 14% South Riding 1 4 25% Sterling 22 38 58%
More About: Foreclosure , Statistics , Update

Bank Owned Town Home In Ashburn Village - $50K Below Assessed Value
2007-12-11 21:54:00
This foreclosure/REO property is listed for $299,900, which is $50K below it's assessed value. This property has a one-car garage, 3 bedrooms, 3.5 baths and over 2100 sq ft of finished space. It also has a deck and backs to common area. Listed by Arcadia Realty - 205 Whiting St S Ste 307 Alexandria, VA 22304
More About: Home , Foreclosure , Owned , Town , Bank

Loaded Spec Home In Lansdowne For $30K Less Than Base Price
2007-12-07 00:04:00
There is a 2400+ square foot, 3 bedroom, 2.5 bath town home with a one car garage in Lansdowne that is available as a "spec" and ready for move-in this month. The town home has stainless steel appliances, upgraded maple cabinets, granite countertops, hardwoods in the kitchen and family room, upgraded carpet and pad, upgraded ceramic tile, fireplace and washer and dryer. The builder is asking $359,990. The base price for this model is $389,990, not including options. The builder...
More About: Home , Price , Base , Loaded

Loudoun County Foreclosure/REO and Short-Sale Numbers - November 2007
2007-12-04 21:20:00
In November, foreclosure/REO and short-sale properties comprised 40 percent of the total sales in Loudoun County . Loudoun County had a total of 285 properties sell (go under contract). Out of those 285 properties, 113 were foreclosure/REO or short-sale properties. Here's the breakdown for Eastern Loudoun County: City Total Sale s REO/Short-Sales % of Total Ashburn 67 25 37% Sterling 77 39 51% Leesburg 69 23 33% South Riding 28 12 43% We're seeing the number of foreclosures in Loudoun County as...
More About: Foreclosure , Statistics , Numbers

Maximize Your Profits By Catering To The Local Buyer Demographic
2007-11-27 18:40:00
When you buy a foreclosure or short-sale to "flip", you are doing so in order to make the most amount of profit. Therefore, you have to think as a real estate investor/business person. What do we mean by that? Rather than making changes/renovations to the property that you like, you have to make changes/renovations that the local buyer demographic will most likely want. Remember, you are "flipping" this house to sell it for a profit and that your target consumer is the local home buyer in that area. If prospective buyers see your house on-line or in person do not like what they see because it's not what a typical buyer in that area wants, they will feel that the property is worth less than comparable properties. They will most likely offer you less money than comparable properties or they may just buy another similar property. Either way, you lose money. For example, on a recent episode of "Flip This House", the person who bought the foreclosure...
More About: Buyer , Local , Profits , Catering , Demographic

Best Deal in All of Sterling!!!
2007-11-27 02:32:00
This end unit 3 Bedroom 2 Bath townhouse in the Sugarland Square subdivision of Sterling is priced at $195,000. It was assessed at $359,600. That puts the current list price at only 54% of last years assessed value. There are hardwood floors in the kitchen and family rooms. It has 3 finished levels and over 1500 square feet. The backyard is fenced. Please email us if you want more information or would like to see interior photos.
More About: Foreclosure , Deal

Handy-man Special - 43% Below Assessed Value!
2007-11-17 22:19:00
This bank-owned attached single family home (duplex style) in Sterling is priced at $199,900, which is $147,600 below it's assessed value of $347,500. Though it needs work, there is definitely a lot of room between the asking price and it's potential market value. Note: No photo available at the moment, but I will be uploading one soon. Listed by Re/Max Renaissance - 305 Harrison St SE #200 Leesburg, VA 20175
More About: Foreclosure , Special , Handy , Belo

Ridiculously Low Price - $282,900
2007-11-16 04:16:00
This is a great property in the Parkside at Dulles subdivision of Sterling right on the border of Sterling and Herndon. It has 3 Bedrooms and 3 Full Baths. It is only 3 years old and is in extremely good shape. The assessed value of this property is $394,500. There are several other units in the condominium subdivision but this unit is priced at least $6,000 below all the others. This unit will be sold very quickly because of the...
More About: Foreclosures , Price

Looking For A Complete List Of Foreclosures In Loudoun County?
2007-11-14 16:13:00
Yes, Loudoun Foreclosure s is primarily focused on the best foreclosures/REOs, short-sale and other great deals in Loudoun County . But if you are looking for a complete list of such properties in Loudoun County and/or the surrounding areas such as Fairfax, Arlington or Prince William counties, contact us and we will provide that to you. We have access to all foreclosure/REO and short-sale properties currently available as well as an inside scoop on those that may not be on the market...
More About: List , Complete

Great Non-Foreclosure Deal In Loudoun County
2007-11-08 19:46:00
This 2 year old, 3 bedroom, 3.5 bath, 2366 square foot town home in Ashburn was recently reduced to $399,000. This is the same price as 2 others for sale and less than 1 other for sale that are all on the same street. The difference is that the other 3 properties are all short-sales or foreclosures and are being sold "as is" with no contingencies. This property is not a short-sale or foreclosure allowing for a Home Inspection and...
More About: Great , Foreclosure , Deal , County , Loudoun County

Brick Front End Unit Townhouse with Granite for $322,900
2007-11-08 02:21:00
This end-unit townhouse in Rockhill subdivision of Sterling was just priced by Countrywide for $322,900. It is priced $12,000 less than the next closest home. It is in very good condition and very clean. There are two master suites upstairs and 1 bedroom in the lower level. The house has a little over 2000 finished square feet. There is also a nice deck in the fenced back yard. The assessed value for 2007 was $441,000. The Rockhill subdivision is right...
More About: Foreclosures , Front , Brick , Townhouse , Rani

Short-Sale - Town House in Ashburn $42K Below Assessed Value
2007-11-07 17:23:00
This 3 level, 5 bedroom, 3.5 bath town home in Ashburn is listed for $280,000. It's assessed at $322,500. The property is just under 1500 square feet with a finished basement, hot tub and a deck. It backs to common area and is very close to ammenities. Short -sale. Listed by Realty Resource - 338 Elden St Herndon, VA 20170
More About: House , Sale , Town , Belo

Loudoun County Foreclosure, REO and Short-Sale Update
2007-11-06 18:17:00
Here are the latest figures regarding foreclosure/REO and short-sale properties in Loudoun County , particularly Sterling, Ashburn and Leesburg: Loudoun County 633 total foreclosures/REO and short-sales this represents 23 percent of total inventory Sterling 262 total foreclosures/REO and short-sales this represents 33 percent of total inventory Ashburn 115 total foreclosures/REO and short-sales this represents 21 percent of total inventory Leesburg 154 total foreclosures/REO and short-sales this represents 21 percent of total inventory
More About: Sale , Foreclosure , Statistics , Update

If You Have To Think About It, You Will Lose Out
2007-11-03 20:52:00
If you are truly interested in purchasing a great foreclosure deal in Loudoun County (or anywhere for that matter), you have to be ready to jump at the opportunity. Immediately. If you have to think about it, you will lose out on every great deal out there. Guaranteed, you are not the only who thinks that the property is a phenomenal deal. Others who think so have already prepared themselves to jump at such an opportunity and have already submitted...
More About: Foreclosure

Lowest Priced Single Family Home In Sterling - Short Sale
2007-11-03 19:28:00
This property just came on the market yesterday and is the lowest priced single family home in Sterling, Virginia at $199,900. It's a 4 bedroom, 2 full bath rambler on .23 acres. It has a new roof, new windows, new pergo floors and new carpet. The assessed value is $382,600. Comparable sales, including short-sales and foreclosures, range from $275K to the low $300Ks. Listed by Premium Realty 8321 Old Courthouse Rd Vienna, VA 22182
More About: Family , Home , Sale , Single , Short

Best Deal in Potomac Lakes, Cascades
2007-10-27 21:57:00
Just came across this awesome deal in the Potomac Lakes /Cascade s area of Sterling. It is a 4 bedroom, 3.5 bath single family home on .22 acres. It has over 3500 finished square feet on 3 levels. It was built in 1994. The assessed value is $569,400. The last comparable sale in the neighborhood was a slighly smaller house on a slightly smaller lot and the list price was $535,000. The price for this house is $475,000. This will be sold...
More About: Deal

Lowest Priced 2-Car Townhouse in Broadlands, Brambleton
2007-10-26 20:28:00
This is a very good deal for a 2100 square foot townhouse in the Southern Walk section of Broad lands. It was purchased brand new from the builder for $430,000 and delivered in January of 2005. The current assessed value is $490,000. A home on the same street with only a 1-car garage is currently listed at $409,900. Listed by Keller Williams, 2670 Crain Hwy Ste 300, WALDORF, MD 20601
More About: Townhouse

Lowest Priced Townhouse by $20,000!!!!
2007-10-25 15:50:00
We just listed this townhouse in Sugarland Run for Countrywide for $167,900. The next closest priced home in the subdivision is listed for $187,000. It has a 3 bedroom 1 full and 1 half bath. It is in fair condition and will be professionally cleaned. The assessed value is $269,700 which makes the current list price a 38% discount. A similar unit on the same street that needed to be completely renovated recently sold for $175,000. Although not perfect, this...
More About: Foreclosures , Townhouse

Single Family Home in Ashburn for $275,000
2007-10-22 23:46:00
Yes, you read that correctly. There is a single family home on .22 acres in the Belmont Ridge section of Ashburn for sale at $275,000. It was reduced from $375,000 and will be sold in the next couple of days. There are currently 2 bedroom/2 bath condos for sale at a higher price. This house is a split foyer with 3 bedrooms and 2 full baths. It has a 2 car garage. Assessed Value = $463,000 Last Sale in Neighborhood...
More About: Family , Foreclosures , Home , Single

Foreclosure - $100,000 Less than what the Bank Paid
2007-10-19 17:02:00
This single family house on a cul-de-sac in Sterling Park was foreclosed on by the bank in January for $336,000. It is currently listed for $235,000. The 2007 assessment was $335,000. It has a 1/4 acre lot with a fenced yard, 3 bedrooms and 1 full bath. There is almost 1000 square feet of living space. It is in better shape than any other REO in this price range. Listing Agent: REO Real Estate 108 Powers Ct Ste 105, STERLING,...
More About: Foreclosures , Foreclosure , Paid , Bank

Foreclosure - $334,400 Below Assessed Value!!!!
2007-10-17 18:12:00
An unbelievable deal in River Creek Country Club is this interior unit townhouse. It is banked owned (REO) and has been on the market for awhile but it is still the best deal for a mid-priced townhouse in all of Loudoun County. It was assessed in 2007 at $859,300. It is currently listed for sale at $524,900. It will probably go under contract within a week. It has hardwood floors, granite countertops in a gourmet kitchen, patio, deck, fenced yard...
More About: Foreclosures , Foreclosure , Belo

Welcome to The Loudoun Foreclosures Blog!
2007-10-11 22:13:00
The Loudoun Foreclosures blog was designed to bring you information about foreclosures, REO, short-sales, distressed properties and other great real estate deals in Loudoun County, Virginia. Loudoun Foreclosures is here to provide you with the basic information necessary to determine whether each property/opportunity is for you or not. Not every foreclosure property or "deal" is on here - only the properties with the highest return on investment will be featured. If you think something you see is worth looking further...
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