Search Williamsburg VA Foreclosure Homes
Newest Williamsburg Foreclosures
3 full levels of living in this home! Enter your home and from the foyer there is a large living room to your right, dining room ahead and kitchen to the left. There is a...
- 3 Beds
- 2 Baths
- WMB-2002750 MLS
Bright and Spacious home with higher end interior finishes features huge basement, not included in sq ft. and with additional bathroom, as well as wonderful community ame...
- 4 Beds
- 4 Baths
- WMB-2002614 MLS
Put this adorable ranch on your must see list! Renovated Beauty! 3 bedrooms 2 full baths, bonus room or office,you decide!! NEW Roof, NEW Windows, NEW Heat Pump, NEW Carp...
- 4 Beds
- 2 Baths
- WMB-2002435 MLS
Interior unit with 1158 square feet consisting of three full bedrooms and one and half bathrooms. Large living room with a fireplace. Dining area next to full kitchen. Fe...
- 2 Beds
- 2 Baths
- WMB-2001955 MLS
Location Location Location! Bring your imagination and make this one shine! Needs Love but can be Beautiful again!! This cute ranch offers 3 bedrooms , sun room, dining r...
- 3 Beds
- 1 Baths
- WMB-2001361 MLS
Immaculate one-level home in one of Williamsburg's most refined and maintained neighborhoods. This well-maintained, modern home features a first-floor master bedroom with...
- 2 Beds
- 2 Baths
- WMB-2000075 MLS
Buying a Foreclosure
The key to success in purchasing a foreclosure home is having a skilled Specialist with a proven track record working for you. As an experienced agent handling many REO transactions I can guide you through the process, the additional paperwork that comes with this type of real estate purchase, and ensure you get a good value.
What is a Foreclosure
Foreclosure homes or REO's are properties owned by the bank as a result of the home owner defaulting on thier home mortgage loan. Foreclosure homes in Williamsburg VA are at a premium. These homes or REO Properties "real estate owned," in Williamsburg can range in prices from 500k down to 56k.
Facing Foreclosure
If you are trying to avoid foreclosure their are options available to you, a short sale or deed in lieu of foreclosure are 2 such options.
In a short sale you are allowed to sell your house at the current market value, this scenario works when your house is worth less than you owe and you can no longer afford to pay.
A deed-in-lieu is when you voluntarily turn your home back over to the bank (investor) in order to satisfy your debt. This generally occurs after you have been unsuccessful in attempting to short sale your home. In either case you will need a well qualified realtor with experience in short sales.