Please check out my website yatesnobles.com for a list of foreclosure properties. You can also go to the courthouse records for Charlottesville or Albemarle and search for properties where the title has been transferred to a bank, which may well be an indication of foreclosure proceedings. A good real estate agent can help you find properties listed in our MLS system that are being foreclosed or those that are headed for a "short sale."
If you are a first time home buyer, please be aware that the present $8000 home credit is set to expire at the end of this year. That alone is a great discount when purchasing, but taking action now is important. There is a possibility that this tax credit will be extended, though there is a great likelihood that the amount of the credit will lower.