pre-forclosures.com
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Virginia State Profile
Recently revised employment data indicate that Virginia's economy continues to flourish. In fourth quarter 2005, job growth in the state was 2.2 percent compared to the national average of 1.4 percent. The statewide unemployment rate of 3.4 percent ranks among the lowest nationally...
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Finding Opportunity in the Virginia Real Estate Market: Pre-Foreclosures
Now with pre-foreclosure listings available online, opportunities can be found across the U.S. For example with San Diego, California's median home prices topping at $500K+, a couple might not be in a position to afford a home of their own. Yet, might be able to purchase a pre-foreclosure property in another area or state with lower housing prices but in a faster growing market or with better future appreciation growth potential; when the property increases it's value in a few years time, sale of the property could provide the necessary capital to purchase their home in the San Diego area...
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Your Virginia Pre-foreclosure Resource site.
Finding Quality Pre-foreclosure Listings
Although both will provide you with information on available house, the difference between the two is of significant importance. A free listing service will only give you scanty information about which homes are going for pre-foreclosure but a paid service will give you much detailed information needed to proceed with the sale or investment of the property. Therefore, in evaluating foreclosure-listing services, the quality of the listing or "freshness" is important.. Like with any product, an extensive search for and comparison for available pre-foreclosure list will give you the best price and value for money. As a real estate investor, you can find pre-foreclosure list for free or at a price.
| Trial? | Updated? | Rating | Link |
| 7 days | Daily/Weekly | ***** | RealtyStore.com |
| 1 Week | Weekly | **** | Bargin.com |
| 1 Week | Weekly | **** | RealtyTrac.com |
| 7 days | Weekly | *** | Foreclosurenet.net |
| 3 days | Monthly | *** | Foreclosure.com |
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Virginia Foreclosure Law
- Judicial Foreclosure Available: Yes
- Non-Judicial Foreclosure Available: Yes
- Primary Security Instruments: Deed of Trust, Mortgage
- Timeline: Typically 60 days
- Right of Redemption: Varies
- Deficiency Judgments Allowed: Yes