Fairfax County Foreclosures: Buyers Saving Money
Posted in the Springfield Forum
#1 Nov 25, 2013
Many potential homebuyers will consider buying a foreclosed home because conventional wisdom says they will be able to purchase a home at a discount. Yet are foreclosures in Fairfax County sold at a reduced price?
When looking at the median sales price, Fairfax County foreclosures are sold 22% less than the average non-distressed home (not a foreclosure or short sale.) According to RealtyTrac, the nationís largest foreclosure reporting firm, in September of 2013 the median sale price of a non-distressed home in Fairfax County was $463,500; while the median sales price of a foreclosure in the county was $360,000; a 22.3% reduction or $103,500 savings.
If youíre searching for a home or foreclosure to purchase in Fairfax County or any Northern Virginia county, search online at http://www.virginiaproperties4sale.com
Add your comments below
|pohik library steals passwords||Jun 13||lightzz||1|
|charles manson and annette marion w/military al... (Jun '17)||Feb '18||Poopydoo||3|
|Springfield Music Thread (Apr '14)||Feb '18||Mandingo indian||8|
|Springfield Mall (Nov '17)||Nov '17||Laura||1|
|ms-13 (Oct '17)||Oct '17||C Kersey||1|
|Virginia officials charged in snow-clearing bri... (Sep '17)||Oct '17||WCB||3|
|Anna Basutro (sp)? (Jun '17)||Jun '17||LoraC||1|
Find what you want!
Search Springfield Forum Now
Copyright © 2018 Topix LLC