Northern Virginia Foreclosures

Read more about Northern Virginia foreclosures, or see all foreclosure listings below.

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All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
Price, High to Low
113 Properties Found.
Photo of Listing #FQ10031629
  • MLS® #: FQ10031629
  • 8391 Keiths Chapel Ln
  • N/A
  • WARRENTON, VA 20186
  • $3,524,900
  • 3 Bed, 2½ Bath, 1168 SqFt, 2 Acres
  • Residential
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Photo of Listing #FX9956185
  • MLS® #: FX9956185
  • 7024 Green Oak Dr
  • MCLEAN WATERFRONT
  • MCLEAN, VA 22101
  • $3,180,000
  • 5 Bed, 7 Bath, 12365 SqFt, 2.41 Acres
  • Residential
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Photo of Listing #FX9894840
  • MLS® #: FX9894840
  • 912 Arcturus On The Potomac
  • ARCTURUS ON THE POTOMAC
  • ALEXANDRIA, VA 22308
  • $1,399,803
  • 4 Bed, 4½ Bath, 4568 SqFt, 0.68 Acres
  • Residential
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Photo of Listing #FX9948885
  • MLS® #: FX9948885
  • 11409 Wolfs Lndg
  • CLIFTON AT WOLF RUN
  • FAIRFAX STATION, VA 22039
  • $1,050,000
  • 4 Bed, 4½ Bath, 5546 SqFt, 5 Acres
  • Residential
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Photo of Listing #LO9870884
  • MLS® #: LO9870884
  • 42886 Iron Bit Pl
  • CEDAR CREST
  • CHANTILLY, VA 20152
  • $959,900
  • 5 Bed, 6 Bath, 7354 SqFt, 3.3 Acres
  • Residential
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Photo of Listing #PW9992365
  • MLS® #: PW9992365
  • 14440 Dowden Downs Dr
  • THE PADDOCKS AT DOWDEN D
  • HAYMARKET, VA 20169
  • $899,900
  • 5 Bed, 5½ Bath, 5970 SqFt, 10.01 Acres
  • Residential
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Photo of Listing #AX8141493
  • MLS® #: AX8141493
  • 211 Fairfax St #a
  • THOMPSON HOUSE
  • ALEXANDRIA, VA 22314
  • $879,000
  • 3 Bed, 4½ Bath, 4515 SqFt
  • Residential
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Photo of Listing #FX10004619
  • MLS® #: FX10004619
  • 11518 Wild Acre Way
  • CRAFTOWN
  • FAIRFAX STATION, VA 22039
  • $779,000
  • 4 Bed, 3½ Bath, 3579 SqFt, 1.87 Acres
  • Residential

Scheduled Open House
Sun Aug 6th, 1:00am-3:00am

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Photo of Listing #FX9940070
  • MLS® #: FX9940070
  • 3796 Maryalice Pl
  • MILLERS POINTE
  • FALLS CHURCH, VA 22041
  • $733,900
  • 5 Bed, 4½ Bath, 4000 SqFt, 0.32 Acres
  • Residential
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Photo of Listing #FX9965892
  • MLS® #: FX9965892
  • 2654 Black Fir Ct
  • FOX MILL WOODS
  • RESTON, VA 20191
  • $729,900
  • 4 Bed, 2½ Bath, 2960 SqFt, 0.42 Acres
  • Residential

Scheduled Open House
Sun Aug 13th, 1:00pm-3:30pm

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Photo of Listing #PW9900260
  • MLS® #: PW9900260
  • 13030 Chaddsford Ter
  • LAURENWOOD ESTATES
  • MANASSAS, VA 20112
  • $724,900
  • 4 Bed, 5½ Bath, 5968 SqFt, 1.03 Acres
  • Residential
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Photo of Listing #SP9911137
  • MLS® #: SP9911137
  • 7709 Ashley Farms Dr
  • ASHLEY FARMS
  • FREDERICKSBURG, VA 22407
  • $674,900
  • 4 Bed, 4½ Bath, 5696 SqFt, 3.5 Acres
  • Residential
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More foreclosure information

Foreclosures  Investing Short Sale Homes for Sale - 1Foreclosures are everywhere these days, and can provide a buyer with an exceptional investment opportunity if they shop carefully. The Virginia foreclosure market has a great selection of single-family homes and condominiums available—many at fantastic prices. Keep in mind however, that not every foreclosure property is a good buy. It's vital to be as informed as possible before starting your search for Virginia foreclosures, REOs, and short sales.

Northern Virginia Bank Owned, REO, Short Sale & Foreclosure Properties

In order to determine what kind of foreclosure property is your best bet, it's important to know the lingo. Below is a brief run-down of the types of foreclosure properties available in Northern Virginia.

Foreclosures

Foreclosures  Investing Short Sale Homes for Sale - 2A foreclosure occurs when a homeowner is unable to make his or her mortgage payments. Typically the process begins within a few months' of the owner defaulting on his loan. If the owner is unable to pay the monies owed, the house will be entered into a foreclosure auction, where buyers can bid on the home.

Be aware that some foreclosures have liens on the property and there may be tenants still living in the home. Also, houses sold at auction are typically done so in "as-is" condition. This means that you won't be able to inspect the property before you buy, and any repairs that need to be done will done at your own expense. Buyers must arrive at the auction with a cashier's check in hand, covering your entire bid.

Bank Owned Homes & REO Properties

Foreclosures  Investing Short Sale Homes for Sale - 3If a property fails to win a buyer at auction, then ownership will revert to the lender. The house is now considered a bank owned property, or REO (which stands for "real estate owned") home. From a buyer's stand point, purchasing an REO home may be the safer bet. This is because with REOs, the mortgage is dissolved, liens are removed, any remaining tenants are evicted, and critical repairs are completed by the bank.

One caveat of a bank owned home is that there may be smaller repairs that need to be done before the home is move-in ready. The extent of the repairs will largely depend on how severe the former owners' financial troubles were. If they struggled to make their mortgage payments each month, there's a good chance that they didn't have the funds to keep the home in good condition. In other cases, owners may be angry at the bank for foreclosing and let their rage out on the house by breaking whatever's close by. If you're considering buying a foreclosure or bank owned home in Virginia, be prepared for the possibility that you'll have a lot of work to do.

Short Sales

Foreclosures  Investing Short Sale Homes for Sale - 4You may have heard the term "short sale" being tossed around, and wonder what kind of property it is. Unlike the other types mentioned, short sales occur prior to foreclosure. These types of sales can be time-consuming, but if you find a good property at the right price, it may be worth the wait. For more information on these transactions, see our Northern Virginia short sales page.

Your Northern Virginia Foreclosure Expert: Carolyn Capalbo

Buying a foreclosure property at any stage of the game can be tricky. The process can be complicated, and you could get stuck paying off liens and making substantial repairs. This is why it's crucial to have a real estate agent as your ally. A REALTOR® who is experienced in Virginia's foreclosure market will be able to guide you through the process and advise you which properties are good buys, and which ones are not.

Whether you're in the market for a short sale home in Fairfax, a foreclosure in Prince William County, or an REO in Alexandria, I can help. I have extensive experience with foreclosure sales of all types, and am happy to get you on the road to home ownership.

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Contact Us from more information about SELLING your home. Carolyn can guide you through the process to a quick and successful sale. Get a FREE, real-time market snapshot to help you price your home.



Contact Northern Virginia REALTOR®, Carolyn Capalbo for expert advice on buying Northern Virginia bank owned homes.



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Customer Reviews

"I was very satisfied with Team Capalbo's services. They sold our rental property in VA while I'm in Europe, without having to fly back. Carolyn's knowldge of the area helped price the house well (more than I expected) and was sold in less than a week. She provided very useful advises from start to finish. Her team had contractors ready to bid for some repairs and I was provided with a couple of bids for my approval. The electronic signing of the documents was easy and efficient. Her team was very responsive, knowledgeable, and professional. I highly recommend this team to anyone"

Amy Harper via Zillow

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Long and Foster Real Estate, Inc. are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2017.

Listing information last updated on August 16th, 2017 at 3:52pm EDT.