With the news continuing to talk about foreclosures and short sales it makes sense to continue to post information on different cities and a list of the current properties available. Throughout Farifax County buyers will find a great variety of homes available to consider. Deals are beginning to emerge from among hundreds of homes available.
As a buyer before you consider buying a bank owned property you need to understand that buying a property from a bank or mortgage company is not the same process as buying directly from an owner. Buying a foreclosure takes patience and sometimes weeks of waiting for the bank representative to get back to you. Not many buyers who are looking to purchase a foreclosure as their primary residence have the patience it takes to wait it out.
If you do decide to hang in there then you need to realize that you are buying the property "as is". "As-is" means "as-is" and some don't understand the implication of what that means. As buyer you can inspect the property, many do not have utilities turned on so the inspection can't look at some of the major systems, but even if you do find a problem the third party owner of the property is not going to make repairs. In addition the usually standard of "broom clean" does not apply either. So if you find a home you like and it still has some of the previous owners belongs in it you will be responsible for cleaning them out.
Detached Homes in Springfield Currently Listed as Foreclosures:
| Address | ListPrice | AdvertisedSubdivision | Style | BR | BF | BH | LVL | FP | YearBuilt | DOMM | DOMP |
| 7415 FALMOUTH ST | $324,900 | SPRINGFIELD | Rambler | 4 | 2 | 0 | 1 | 2 | 1955 | 79 | 212 |
| 6904 EDGEBROOK DR | $327,750 | LYNBROOK | Split Level | 3 | 2 | 0 | 3 | 1 | 1954 | 17 | 174 |
| 7404 BLACKFORD ST | $329,000 | NORTH SPRINGFIELD | Rambler | 3 | 1 | 1 | 1 | 1 | 1956 | 24 | 24 |
| 7411 GARY ST | $335,000 | SPRINGFIELD | Split Level | 5 | 2 | 0 | 2 | 1 | 1955 | 63 | 66 |
| 8461 RIPPLED CREEK CT | $339,900 | NEWINGTON FOREST | Split Level | 3 | 2 | 1 | 3 | 0 | 1980 | 11 | 11 |
| 5303 INVERCHAPEL RD | $344,000 | RAVENSWORTH | Rambler | 3 | 1 | 0 | 1 | 1 | 1961 | 179 | 179 |
| 7200 ORIOLE AVE | $349,900 | SPRINGVALE | Split Level | 4 | 2 | 0 | 2 | 1 | 1953 | 68 | 146 |
| 5523 KEMPTON DR | $349,900 | KINGS PARK | Rambler | 5 | 3 | 0 | 2 | 1 | 1964 | 10 | 169 |
| 6703 ANDERS TER | $354,900 | EDSALL PARK | Split Level | 4 | 1 | 1 | 3 | 1 | 1958 | 42 | 42 |
| 6010 FREDERICK ST | $369,900 | SPRINGFIELD | Rambler | 3 | 2 | 0 | 2 | 2 | 1952 | 35 | 314 |
| 6816 LOIS DR | $385,000 | LOISDALE ESTATES | Rambler | 5 | 3 | 0 | 2 | 1 | 1958 | 25 | 172 |
| 7711 JERVIS ST | $387,900 | NORTH SPRINGFIELD | Split Level | 3 | 2 | 0 | 3 | 1 | 1959 | 35 | 35 |
| 8804 TRAFALGAR CT | $390,500 | KINGS PARK | Split Foyer | 4 | 3 | 0 | 2 | 1 | 1962 | 82 | 132 |
| 6310 GREELEY BLVD | $399,900 | KEENE MILL MANOR | Split Level | 6 | 2 | 1 | 3 | 0 | 1964 | 84 | 219 |
| 5217 FERNDALE ST | $406,900 | NORTH SPRINGFIELD | Split Level | 4 | 2 | 0 | 3 | 1 | 1956 | 70 | 354 |
| 7505 FERBER PL | $413,900 | NORTH SPRINGFIELD | Rambler | 5 | 2 | 1 | 2 | 1 | 1958 | 108 | 108 |
| 5519 SOUTHAMPTON DR | $413,900 | KINGS PARK | Colonial | 4 | 2 | 1 | 3 | 0 | 1964 | 98 | 98 |
| 6329 ALBERTA ST | $419,900 | WESTVIEW HILLS | Split Level | 3 | 2 | 0 | 3 | 0 | 1964 | 8 | 161 |
| 7212 CONSTANTINE AVE | $429,900 | BEVERLY FOREST | Raised Rambler | 3 | 2 | 0 | 2 | 2 | 1955 | 7 | 7 |
| 6900 CONSTANCE DR | $449,500 | LOISDALE ESTATES | Colonial | 5 | 4 | 0 | 3 | 1 | 1956 | 94 | 152 |
| 6909 ROCHAMBEAU PL | $469,900 | LAKEWOOD HILLS | Colonial | 5 | 2 | 1 | 3 | 1 | 1975 | 92 | 92 |
| 5910 ACCOMAC ST | $499,900 | SPRINGFIELD | Colonial | 6 | 3 | 0 | 2 | 1 | 1954 | 83 | 153 |
| 6520 SUMMERTON WAY | $519,900 | CHARLESTON COLLECTION | Colonial | 3 | 3 | 1 | 3 | 1 | 1989 | 91 | 91 |
| 7934 HARWOOD PL | $559,900 | KEENE MILL MANOR | Split Level | 6 | 4 | 0 | 5 | 1 | 1963 | 81 | 81 |
| 6201 DEER RIDGE TRL | $629,900 | HIGHGROVE ESTATES | Colonial | 6 | 3 | 1 | 3 | 1 | 1998 | 17 | 87 |
| 7710 RIDGEPARK CT | $659,900 | POHICK WOODS | Colonial | 5 | 3 | 1 | 3 | 1 | 2003 | 93 | 140 |
| 6100 HANOVER AVE | $709,900 | SPRINGFIELD | Colonial | 8 | 4 | 0 | 2 | 1 | 1954 | 49 | 49 |
| 6164 DEER RIDGE TRL | $725,000 | HIGHGROVE ESTATES | Colonial | 5 | 4 | 2 | 3 | 1 | 1998 | 79 | 250 |
| 8738 SCOTT ST | $739,900 | CHAPEL ACRES | Colonial | 4 | 3 | 1 | 3 | 1 | 2004 | 44 | 44 |
| 6395 TRUE LN | $749,900 | TRUE LANE PROPERTY | Colonial | 6 | 3
| 1 | 3 | 2 | 1997 | 44 | 412 |
Before you make the decision to buy a foreclosure property make sure you work with an agent who has experience in handling foreclosures evaluations for third parties and understands the process of making an offer and negotiating with a third party.
If you are interested in receiving information on any of these Fairfax County foreclosure properties or in other areas give me a call. I've successfully negotiated with third parties to help my clients buy a foreclosure and REO properties.
Related Articles on Foreclosure property:
The Tale of Three Houses
Virginia Foreclosure Process
Purchase Foreclosure Properties Today
Auctions and Foreclosures In Northern Virginia
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As an Associate Broker with RE/MAX Allegiance in Northern Virginia and native of the area I can assist you whether you are buying, selling or renting a home anywhere in Northern Virginia. For more information about the area or my services you can check VaRealEstateTalk or my Northern Virginia website.
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very good list - and it is very true... Buyers NEED to work with a REALTOR that has some experience with Bank Owned Properties. They can be challenging if you do not know/understand the process.
Yes and patience on everyones part is an intregal part of the process,
Cindy - it is amazing, the number of foreclosures on the market right now!