![]() ![]() Search Bank Owned / Foreclosures and Short Sales in Williamsburg VA here Read the rest of the story here in the VA Pilot A Suffolk home on Kilby Shore Drive sold the same month for $38,000. A home in Chesapeake on Blackwater Road sold in April for $60,000. Other investors also have snagged bargains on government-owned foreclosures recently. "Maybe I was the luckiest investor ever, or I was in the right place at the right time," Wills said. Asking prices for the properties in Norfolk, Chesapeake and Hampton ranged from $75,000 to $126,000.īut Wills got each of them for less than the price of a decent late-model used car – about $10,000 each. Department of Housing and Urban Development. Last spring, the Virginia Beach real estate agent entered the winning bid on seven foreclosed homes owned by U.S. 'Foreclosed houses are likely to sell at low prices.' - Harvard Universitys. 'It is clear that foreclosures sell for substantially less than non-foreclosures.' - Zillow Research Brief. You can reach John by email or phone 757-254-813įew people have been as fortunate as Stephen Wills this year – at least in the business of buying and flipping foreclosed homes. Recent Foreclosure Research: 'Foreclosure discounts are particularly large on average.' - Massachusetts Institute of Technology: Forced Sale and House Prices. On his website you can search homes for sale, foreclosures, 55+ active adult communities, condos and town homes, land and commercial property for sale in Williamsburg, Yorktown, New Kent, Poquoson, and Gloucester, VA as well as surrounding markets of Carrolton, Chesapeake,Gloucester, Hampton, Isle of Wight, Portsmouth Mathews, Newport News Norfolk, Poquoson, Smithfield,, Suffolk, Surry, Va Beach, Yorktown and York County Virginia His websites, and Mr were created as a resource for folks who are exploring a move to Williamsburg, VA, Hampton Roads VA and the surrounding areas of the Virginia Peninsula. ![]() Check them out- one might be just what you're looking for Single Family Homes for Sale From HUD From the Department of Veterans Affairs From Federal Deposit Insurance Corporation From Internal Revenue Service From US Army Corps of Engineers From Customs From. In fact, HUD sells both single family homes and multifamily properties. Williamsburg, for both his extensive knowledge of Hampton Roads and the historic triangle, and his expertise in the local real estate market. Homes for Sale Several federal agencies have properties to sell. This website is authored by local resident and REALTOR, John Womeldorf. I would love to help you find your dream home and community in the Hampton Roads or Williamsburg area or to sell your existing home. Psst … I’m a Realtor! Thanks for stopping by my website. ![]()
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