Burke VA Foreclosures

Like so many cities in the state of Virginia, the idyllic suburbs and surrounding rural areas in Burke have been affected by the economic downturn. Burke VA foreclosures continue to make up a large part of the housing inventory, with bank owned homes averaging in the high-$200s. With a number of REOs to choose from in Burke, finding the perfect home or investment property is easy. Buyers will find a variety of Burke VA foreclosures to choose from—from smart-looking condos to luxury estates.

Take some time to review the Burke foreclosure listings below, or read more about purchasing an REO (bank-owned) home.You can also expand your search to all Burke real estate listings.

Burke Foreclosure Listings

Burke VA Foreclosures - Current Listings

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Burke Foreclosures & REOs

This path that the economy is on right now can be devastating for some, but for those able to invest in real estate today, the timing couldn't be better. There are a number of Burke REOs, bank owned homes, and properties on the auction block that may provide some outstanding deals. Your Burke real estate agent can assist you with the paperwork required to purchase either a foreclosure or REO property.

Another option for buyers looking for Burke foreclosures are short sale properties. The benefit of buying a home at the short sale stage is that the price will often be very reasonable, as both the owners and the lender are hoping to avoid foreclosure. Short sale homes also tend to be in good condition.

Because short sales can be a time consuming and complicated process, we suggest working with a REALTOR ® who has experience in short sale transactions. For more information about Burke short sales, see our Guide to NoVa Short Sales.

Experience the Good Life in Burke, Virginia

Living in Burke can be a wonderfully laid-back experience, though the abundance of restaurants, shopping, entertainment, and sporting activities can keep residents busy year-round. As part of Fairfax County, Burke is home to over 57,000 residents who regularly take advantage of the lakes, parks, and trails in the area. Nearby campgrounds make an ideal getaway for families, and for even more fun, people can ride the miniature steam train that merrily chugs for 1.75 miles around Burke Lake Park 25 times daily from April to Labor Day. Others may want to test their skills at the Burke Lake Mini Golf course, which is open from April to November.

Is Amazon HQ2 Coming to Northern Virginia?

Read Our Latest Blog Post about the speculation of where Amazon may build. So many people are wondering about where Amazon will build their next Headquarters. Read Carolyn's thoughts about why Loudoun County would be an ideal location. If they choose to build it in Loudon County, what impact will that have on real estate values not just in Loudoun county but across the area?.

Contact Northern Virginia REALTOR ® Carolyn Capalbo for help finding the best foreclosures in Burke VA.

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© 2020 BRIGHT, All Rights Reserved. Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Long & Foster Real Estate Inc. participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Long & Foster Real Estate Inc. are marked with the IDX logo and detailed information about each listing includes the name of the listing broker.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

Listing information last updated on October 1st, 2020 at 1:04pm EDT.