There may not be as many short sales and foreclosures for sale in Alexandria VA as when the market crashed, but these distressed properties still represent a great opportunity. When it comes to your home search, go in the opposite direction of the crowd. Buying a short sale or foreclosure for sale in Alexandria VA may mean a little sweat equity but don't overlook these homes when you are browsing the MLS listings for homes for sale in Del Ray and Old Town Alexandria. As a successful Alexandria VA short sale listing agent, I've been helping homeowners stop foreclosure since 2008.
Are you in the market to buy a home in Alexandria VA and want to consider bank owned homes? This might be a great opportunity, it also could mean a big headache. Foreclosures and bank owned homes are not for the buyers who are faint at heart. These properties often require structural and cosmetic work.
Unlike short sales, when you're purchasing a bank owned home, the response time is usually within 48 business hours. So, you won't have to wait weeks or months to know whether or not your offer was accepted. Plan on having multiple home inspections, depending on the size of the home. You'll want to know the property's condition, just like in a traditional sale. If the property has been vacant for a long time, that can affect the nuts and bolts of the home as well. When you're ready, just give me a call at 703-623-8759.