Foreclosures

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Finding great deals on foreclosure homes in Northern Virginia, Maryland and Washington DC just got easier with HomeZill!

Simply enter your email address in the right hand corner above to receive your free Foreclosure and REO list (don’t worry we hate spam too and value your privacy, we will never spam you or give your email out to third parties). We will email you shortly after to ask what price range and location you’re looking in. Once we have your response, you will then begin receiving a daily list of foreclosure homes in Northern Virginia, Maryland or Washington DC based on your criteria.

You can also search all foreclosure listings on DCmetroVA.com. Here are a few examples of what you can search for:

Fairfax County Condo Foreclosures
Fairfax County Townhome Foreclosures
Fairfax County Single Family Foreclosures

Not only will you find great deals, but you will also receive an additional home buyer rebate on any home when you buy with HomeZill! Visit HomeZill.com to learn more. For questions about buying a foreclosure home, call 1-888-998-ZILL or email us at info@homezill.com.

For those that aren’t ‘in’ with the real estate lingo:
Foreclosure
is the equitable proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner’s failure to comply with payments, agreed between the lender and borrower called a “mortgage” or “deed of trust”.

Real Estate Owned or REO is a class of property owned by a lender (typically a bank), after an unsuccessful sale at a foreclosure auction. This is common because most of the properties up for sale at these auctions are worth less than the total amount owed to the bank (negative equity): the minimum bid in most foreclosure auctions equals the outstanding loan amount, the accrued interest and any fees associated with the foreclosure sale.

To search all MLS homes click here.

 


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