Foreclosure.com Blog » Virginia Foreclosure Homes http://blog.foreclosure.com Distressed Real Estate News and Opinion Tue, 07 Feb 2012 21:56:54 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Top 10 fastest-growing foreclosure cities in the U.S. http://blog.foreclosure.com/2011/02/top-10-fastest-growing-foreclosure-cities-in-the-u-s/ http://blog.foreclosure.com/2011/02/top-10-fastest-growing-foreclosure-cities-in-the-u-s/#comments Tue, 01 Feb 2011 14:46:50 +0000 Foreclosure.com http://blog.foreclosure.com/?p=4032 CNN.com has the foreclosure “hot spot” list, which goes a little something like this: Spartanburg, S.C. Albuquerque, N.M. Myrtle Beach, S.C. Savannah, Ga. Charlotte, N.C. Tulsa, Okla. New Orleans, La. Virginia Beach, Va. York, Penn. Mobile, Ala. Two converging trends – unemployment and adjustable rate mortgages — are primarily to blame for the spikes in the cities [...]]]>

CNN.com has the foreclosure “hot spot” list, which goes a little something like this:

  1. Spartanburg, S.C.
  2. Albuquerque, N.M.
  3. Myrtle Beach, S.C.
  4. Savannah, Ga.
  5. Charlotte, N.C.
  6. Tulsa, Okla.
  7. New Orleans, La.
  8. Virginia Beach, Va.
  9. York, Penn.
  10. Mobile, Ala.

Two converging trends – unemployment and adjustable rate mortgages — are primarily to blame for the spikes in the cities mentioned above … and likely elsewhere throughout nation.

The 10 cities mentioned above, according to the report, however, have the fastest-growing rates out of the 100 worst-hit places.

To search foreclosed homes for sale in Spartanburg or anywhere else, including in your area, click here.

]]> http://blog.foreclosure.com/2011/02/top-10-fastest-growing-foreclosure-cities-in-the-u-s/feed/ 6 Foreclosure process in Virginia stopped for family with gravely ill child http://blog.foreclosure.com/2010/09/foreclosure-process-in-virginia-stopped-for-family-with-gravely-ill-child/ http://blog.foreclosure.com/2010/09/foreclosure-process-in-virginia-stopped-for-family-with-gravely-ill-child/#comments Sat, 18 Sep 2010 15:25:35 +0000 Foreclosure.com http://blog.foreclosure.com/?p=3708 The Wales family will not be forced to vacate their home in Prince William County, Va., after its lender reversed its decision to foreclose, according to the Washington Post. Mike and Kathy, the homeowners, were promised a loan modification earlier this month. But the paperwork never arrived and their lender went ahead and auctioned off [...]]]>

The Wales family will not be forced to vacate their home in Prince William County, Va., after its lender reversed its decision to foreclose, according to the Washington Post.

Mike and Kathy, the homeowners, were promised a loan modification earlier this month. But the paperwork never arrived and their lender went ahead and auctioned off the home instead.

It was a crushing turn of events, considering that the couple has to care for their ‘gravely ill’ 10-year-old son, Alex, who suffers from a rare neurogenetic disorder that has left him blind and unable to walk.

The good news is that once their trying story reached the press, the lender moved fast to fix its mistake. In fact, under terms of the deal, the Wales’ monthly mortgage payment will be reduced and the loan will be extended to 40 years.

Not a fairy tale ending, but a positive outcome nonetheless under what must be incredibly difficult circumstances.

]]> http://blog.foreclosure.com/2010/09/foreclosure-process-in-virginia-stopped-for-family-with-gravely-ill-child/feed/ 0 Virginia foreclosure homes — Deal of the Day http://blog.foreclosure.com/2007/12/virginia-foreclosure-homes-%e2%80%94-deal-of-the-day/ http://blog.foreclosure.com/2007/12/virginia-foreclosure-homes-%e2%80%94-deal-of-the-day/#comments Wed, 19 Dec 2007 13:51:13 +0000 Foreclosure.com http://blog.foreclosure.com/2007/12/19/virginia-foreclosure-homes-%e2%80%94-deal-of-the-day/ Deal of the dayLocation: Prince William County, Virginia City: Woodbridge Price: $331,000 Zestimate: $443,495 Difference: $112,495 This four-bedroom, 2.5 bath country front porch colonial home is conveniently situated just outside major metropolitan areas such as Washington D.C., as well as near the Maryland border. It comes with hardwood floors, a gourmet kitchen with new Corian countertops, vaulted ceilings [...]]]> Deal of the day

Location: Prince William County, Virginia
City: Woodbridge
Price: $331,000
Zestimate: $443,495
Difference: $112,495

This four-bedroom, 2.5 bath country front porch colonial home is conveniently situated just outside major metropolitan areas such as Washington D.C., as well as near the Maryland border. It comes with hardwood floors, a gourmet kitchen with new Corian countertops, vaulted ceilings and more. This is a great price for a real nice home for those who are looking at real estate in this area of the United States.

Note: Other comparable listings in this neighborhood range from $375,724 up to $501,116. For more property details or to talk to a local real estate agent/broker about this listing CLICK HERE.

To check out some of the other “Deals of the Day” feel free to visit our archive.

What’s the deal of the day? We comb through our nationwide database of more than 1.2 million distressed real estate listings to showcase some of the best investments available on our Web site each morning. These listings represent just a small fraction of the amazing investment opportunities available at Foreclosure.com. To find more bargains like the one pictured above search Foreclosure.com or sign-up for FREE Email Listing Alerts.

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