Foreclosure in Fairfax County : Advice

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Lynnkiaa, Home Buyer in Los Angeles, CA
Lynnkiaa answered:
I am interested in buying foreclosed properties at courthouse auction. How can I find out what properties are going on auction and auction timings?
Buying at the court house auction is risky but you can get great deals. The catch is you have to have all cash, its as is and you get NO contract. Once you are confirmed as the highest ... more
0 votes Share Flag Tue Aug 18, 2015 Foreclosure in Fairfax
Deenateen, Home Buyer in South Miami, FL
Deenateen answered:
How to become a REO listing agent?
Real estate agents can connect with these REO asset management companies to conduct BPOs (Broker Price Opinions) and provide pricing on these real estate assets, which is often a great ... more
4 votes Share Flag Wed Jun 10, 2015 Foreclosure in Fairfax
Giorgio Danso, Real Estate Pro in Fairfax, VA
Giorgio Danso answered:
im interested in the hagel circle ct. c foreclosed house. please email me back to talk with more detail. thank you
I can assist you with foreclosed properties in and around Lorton. Feel free to email me at
0 votes Share Flag Mon Jun 30, 2014 Foreclosure in Lorton
Don Tepper, Real Estate Pro in Fairfax, VA
Don Tepper answered:
Is the house at:Hallmark Pl, Springfield, VA 22150 Foreclosure / Bank Owned available? If so, please provide house number and details.
No, it's not. There are only seven properties on Hallmark. Only one is listed as bank-owned--7402--by HSBC Bank. It was foreclosed on in 2010. And it's not for sale. (Funny, all those o ... more
0 votes Share Flag Tue Mar 11, 2014 Foreclosure in Springfield
Team Maison, Real Estate Pro in Alexandria, VA
Team Maison answered:
What happens to the income from a commercial property while it is in foreclosure?
Dear Bryan:

Most commercial and investment properties have an "assignment of rents" provision in the Deed of Trusts. It would be at the discretion of the lender whether or not t ... more
0 votes Share Flag Wed Dec 18, 2013 Foreclosure in 22307
Phil, Home Seller in New York, NY
Phil answered:
are banks allowed to profit off of the sale of foreclosed property?
Im not liking these answers. I believe that if the property goes to auction and there is excess profit avail after all fees then homeowner gets residual.

If however the house goes ba ... more
1 vote Share Flag Sat Sep 14, 2013 Foreclosure in 22307
Randall James…, Real Estate Pro in Dallas, TX
Randall James Yates answered:
I want to buy the house I am currently renting. It is currently foreclosed. What are my rights? Why can I?
Buy it! If it's credit issues I work with people who have credit issues all the time that have gotten approved. I am with The Lenders Network, we are kind of like the Lending Tree for p ... more
0 votes Share Flag Fri Aug 2, 2013 Foreclosure in Lorton
Jeff Jones,  in McLean, VA
Jeff Jones answered:
I want to buy a single family house around $600,000 and my friends keep telling me housing market will go down
Bahareh, I have to agree with the rest of the posts below. Interest rates are still very low, and depending on your financial situation, buying can be much cheaper than renting, especi ... more
1 vote Share Flag Fri Jul 26, 2013 Foreclosure in 22066
John Ginty, Real Estate Pro in Herndon, VA
John Ginty answered:
could you forward me more information about this house?
You have already received accurate information from Chris and Kathy. If you need assistance finding a home I am more than happy to speak with you. You can call me directly on my cell at ... more
0 votes Share Flag Thu Jun 20, 2013 Foreclosure in Fairfax
passem86, Real Estate Pro in 34286
passem86 answered:
I am a Broker Lic. Real Estate, I want to know how can I to get realtors to my office. Thank you.
As a newer agent, I found my broker through her advertising, and was so impressed by her and the other agents in the office, I knew I wanted her to activate me. She is a teaching broker ... more
0 votes Share Flag Thu Nov 22, 2012 Foreclosure in Fairfax
Stewart Gard…, Real Estate Pro in Virginia
Stewart Gardner answered:
what price for a Condo on Americana drive, 2 bedroom?

I just completed a rental in this community for $1350 per month and the unit had an updated kitchen with fresh paint and carpet. If you have interest in a detailed report of wh ... more
0 votes Share Flag Tue Oct 16, 2012 Foreclosure in 22003
Salvador J L…, Real Estate Pro in Virginia
Salvador J Lagdameo answered:
when is the auction date?
Which property are you referring to?
0 votes Share Flag Thu Aug 16, 2012 Foreclosure in Fairfax
Lyle Wolf, Real Estate Pro in Rockaway, NJ
Lyle Wolf answered:
Buying foreclosed properties at the county court steps
You might find the following article:
The 4 Foreclosure Related Real Estate Opportunities useful. ... more
0 votes Share Flag Mon Nov 7, 2011 Foreclosure in Fairfax
Bill Hoffman, Real Estate Pro in Fairfax County, VA
Bill Hoffman answered:
List of properties for foreclosure auction

Try going to

They have a program set up called first glance. (I think that is the name of it). It is foreclosures through Fannie Mae. If you are going to ... more
0 votes Share Flag Mon Nov 7, 2011 Foreclosure in Fairfax
Steve Wisemi…, Real Estate Pro in Arlington, VA
Steve Wisemiller answered:
If a property is in pre-foreclosure (value $800,000) does this mean the bank is willing to sell the property at $800,000 or further discount? Is it?
If it is offered as a"pre-foreclosure" through a Real Estate brokerage firm then I would contact the agency for details. If is actively promoted then you should be able to mak ... more
0 votes Share Flag Wed Oct 12, 2011 Foreclosure in Clifton
Deeley Chest…, Real Estate Pro in Ocean City, MD
Deeley Chester answered:
If a bank counter offer at one price, and i offer the asking price, can the bank come back and ask for more money?
Hello Ccvarna,
Yes sometimes in short sales the owners are not always approved for the actual amount. Make sure that your agent is aware of why they are asking for more money.
0 votes Share Flag Mon Sep 5, 2011 Foreclosure in 22307
Are Andresen, Real Estate Pro in Falls Church, VA
Are Andresen answered:
Why won't a bank let you use your own title company?
With a foreclosure I would suggest you retain your own title company. They should have an attorney on staff or retainer that would be able to advice you on what is typical and acceptabl ... more
0 votes Share Flag Wed Jul 6, 2011 Foreclosure in 22015
Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
Why would an owner move out suddenly without leaving a new address when doing a short sale? 3rd party approval contingency expired 5/30/11
It's a short sale so the seller is going to get nothing. Depending on your state there may be a way the bank can look to the seller for any deficiency and come after them for it wh ... more
0 votes Share Flag Wed Jun 1, 2011 Foreclosure in 22180
Carlos Carab…, Real Estate Pro in Fairfax County, VA
Carlos Caraballo answered:
In general, are foreclosure townhomes in the city of Fairfax, VA being sold at/ below/ or over listing price? If over, by how much? Thanks!
There aren't very many REOs in the Fairfax area, pricing for foreclosed properties in general are often lower than those being sold as a regular sale, condition of the property is ... more
0 votes Share Flag Tue May 24, 2011 Foreclosure in Fairfax County
Phil Bolin, Real Estate Pro in Alexandria, VA
Phil Bolin answered:
How long does it take for the bank to answer YES or NO we will sell it to you on a foreclosure home?
The answer for most of these questions is: it depends. Whenever you have direct communication with the decision-maker, the answer should come within 3 days. If you don't have dir ... more
0 votes Share Flag Fri Apr 29, 2011 Foreclosure in 22003
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