Foreclosure and REO outlook in SE Virginia

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At this time, we seem to be approaching another wave of foreclosures with the lifting of the foreclosure moratorium.  Williamsburg hasn’t seen a large number of foreclosures yet.  We are seeing a fair number of REO listings in Hampton, Norfolk and Newport News.

Investors do appear to be coming back into the market.  This should clean up appropriately priced properties and homes quicker than we’ve seen in the past year.  If a REO home is not priced right, it will sit.

Be sure to give us a call if you have assets you need to sell.  We will give you a fair market valuation oriented to your sales timeframe.

Primary Service Area:  Hampton VA, Newport News VA, Yorktown VA, York County VA, Williamsburg VA, Gloucester VA, Gloucester County VA, New Kent County VA, Charles City County VA, Hopewell VA, Lanexa VA, Toano VA, Norge VA, Poquoson VA.

Secondary Service Area: Norfolk VA, Virginia Beach VA, Portsmouth VA., Suffolk VA, Surry VA, Mathews VA, Chesapeake VA.

REO and BPO SERVICE AREAS

Service Area by City:

Barhamsville Virginia, Charles City Virginia, Charles City County Virginia, Gloucester Virginia, Gloucester County Virginia, Hampton Virginia, Lanexa Virginia . Mathews Virginia, New Kent County Virginia, Newport News Virginia, Norfolk Virginia , Poquoson Virginia, Providence Forge Virginia, Surry Virginia, West Point Virginia, Williamsburg Virginia, York County Virginia, Yorktown Virginia

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