Foreclosures or formally called bank owed homes can offer great savings for buyers in some cases.
Buyers need to know the neighborhood and understand the aspects of buying foreclosures and what the risks and benefits are. What is your buying situation? Are you an investor or will this be your primary residence? Do you have extra money to fix up a home purchased as-is. Before we start looking we will talk more to determine whether a foreclosure purchase would work for you in your situation.
Loudoun County had its share of foreclosures a few years back and we are experienced at dealing with these transactions.
What type of financing would be best for you when buying a foreclosure? A good lender can be key to making a foreclosure purchase. We have a good selection of lenders for you to work with. The title companies and home inspectors we work with all play an important role in foreclosure transactions as well. Are you ready to talk more about buying a bank owned home? Send us a text or call (703) 587-5403