Foreclosure For Sale in Loudoun County, Leesburg VA
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A “short sale” listing of a home for sale in Leesburg is a property that the owner needs to sell and they owe more to the bank or mortgage company than the prices of homes in the area. The bank has agreed to accept less than the Leesburg home owner owes.
Short sales and foreclosures are offering opportunities for home buyers to buy a home for less than the present market value. Banks do not accept contingent offers and the negotiation will be with the bank, not the home owner. The home owner must be “approved” by the bank or mortgage company as a short sale seller. Further, the buyers must be prepared with a well prepared offering package. A few real estate agents in the area are experienced with short sales. Make sure the agent you are working with has short sale experience so that they can give you accurate and timely guidance.
YOU MUST BE PREPARED. When including homes advertised or listed as “short sale”, you must be pre-approved or at least pre-qualified with an appropriate lender’s letter stating that you have the income to qualify, the money to close and the credit necessary to finance the new purchase. Banks are not interesting in negotiating with buyers who are not prepared to close. But, get your ducks in a row, be prepared and you may have a wonderful opportunity to get a good home at a very good price. Homefinders agents are familiar with the Short Sale prices and we can help buyers and sellers. Short sale procedures are not the same for all banks and mortgage companies. You will have to follow the procedures for the particular bank holding the mortgage on the home in which you have an interest. Foreclosures in Leesburg also offer significant savings for home buyers. The seller will be selling for less than is owed on the property and the listings are usually less than market value. Buyers and sellers need patience to work through these processes, but the result can be good for both buyers and sellers.
SHORT SALE and FORECLOSURE LISTINGS OF HOME FOR SALE IN LEESBURG
| City | ListPrice | Style | BR | BathsAll | # Gar | Lot Acres |
LEESBURG VIRGINIA MAP

LEESBURG IS THE COUNTY SEAT FOR LOUDOUN COUNTY VIRGINIA

Examples of homes listed for sale as short sales in Leesburg.HOMES FOR SALE
IN LEESBURG that are advertised as Short Sale include two luxury homes in Leesburg with over 4,000 square feet of living space.
Other homes include homes in-town neighborhoods convenient to shopping and the historical district in downtown Leesburg.
Leesburg is convenient to the Dulles Greenway with quick access to Tysons Corner, the Washington Beltway and the Dulles International Airport.
Leesburg real estate has short sale homes for sale in prices from the $279,900 to $1,083,000.
Leesburg offers shopping convenience with popular shops; Giant Foods, Pier I, Outlet Mall, Office Depot, Red Hot & Blue restaurant, Anita’s Restaurant, Best Buy and much more.
Search for homes for sale in Leesburg.
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail.
There are about 78 Single Family Homes offered for sale in Loudoun County that are bank owned foreclosed properties. These properties offer good value for home buyers. These homes have been taken back by the financing mortgage company and are now offered for sale. Foreclosed homes in Loudoun County are available to tour and available for occupancy in about 6-8 week from search to settlement.
Typical homes in Sterling in the $300,000 to $400,000 price range.
Buying a bank owned property is similar to buying any home for sale except that the sales are always “as is” sales and the banks do not take contingent contracts. If you are a non-contingent buyer with no home to sell or other contingencies, there is a wide selection of foreclosed homes from which to select your home. Financing is no different although the owning bank may offer incentive to finance your purchase. However, this is not a requirement.
The list below shows the foreclosed homes for sale in STERLING, VA in Loudoun County communities. This is a convenient area close to Tyson’s Corner, Dulles Airport, Washington, D.C., the Washington Beltway and other areas throughout Northern Virginia.
Foreclosed Single Family Homes for salein Sterling Virginia in Loudoun County.
Town Zip Code List Price BR Baths Home Style Year Built
| Sterling | 20164 | $229,900 | 4 | 2 | Rambler | 1963 |

Sterling Virginia offers excellent value to home buyers. Convenient and close to many employment centers in Ashburn, Leesburg, Fairfax, Dulles Airport, DC and Montgomery County MD.
SEARCH HOMES FOR SALE IN LOUDOUN COUNTY
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail
LEESBURG FORECLOSURES. Foreclosed homes are discounted for condition and banks will usually sell for a price that give the new owner equity to compensate for the condition. Foreclosed homes are often in need of repairs or upgrading Although, in the present real estate market, there are many new and almost new homes that were purchased by investors who were not able to quickly resell the new home. This is an opportunity for home buyers to gain home ownership at a very reasonable price.
Foreclosures usually close in about 4-8 weeks from contract. The contract is similar with the addition of “as is” condition clause. Home inspections are welcomed, but most banks do not make repairs or upgrades which is why the homes are listed and sold at prices that are discounted from market value.
FORECLOSURES IN LEESBURG VIRGINIA, LOUDOUN COUNTY
Location Zip Code List Price BR BA Home Style Year Built
| Leesburg | 20175 | $279,900 | 3 | 2 | Rambler | 1974 |
Foreclosures in Leesburg represent home prices from modest to semi-luxury to luxury home prices.

LEESBURG VIRGINIA MAP
SEARCH LISTING LOUDOUN COUNTY VIRGINIA
Courtesy, Lenn Harley, Homefinders.com, 800-711-7988, E-Mail
There are some wonderful, beautiful homes, many only 2-6 years old, for sale by banks and mortgage companies in Loudoun County. Foreclosures in Loudoun County are little different from owner occupant homes for sale and may offer instant equity. Bank foreclosures usually close in 4-6 weeks from contract.

EXAMPLES: Foreclosures, bank owned, REO properties for sale in Loudoun County, Virginia. Single Family Homes priced up to the $750,000 price range. Homes in lovely communities and homes in the country.
Opportunity is knocking for Loudoun County home buyers. Real estate in Loudoun County offers beautiful countryside, mountain views, open spaces, popular public schools and quiet rural living.
| Ashburn | 20148 | $389,000 | 3 | 3 | Colonial | 2000 |
LOUDOUN COUNTY VIRGINIA MAP

SEARCH LISTINGS HOMES FOR SALE IN LOUDOUN COUNTY VIRGINIA
Courtesy, Lenn Harley, Broker, Homefinders.com, 800-711-7988, E-Mail.
ABOUT 13 DETACHED SINGLE FAMILY HOMES in LEESBURG THAT HAVE BEEN FORECLOSED,
ARE BANK OWNED AND ARE LISTED FOR SALE.
Market report for properties that have been through the foreclosure process and are bank owned. The report below reflects existing detached single family homes in Leesburg, Virginia in Loudoun County available for sale. Non-contingent sales are the only offers accepted and all homes are sold “as is”. Buyers may have a home inspection for their own information and banks may negotiate the price based on condition.
Loudoun County real estate is a very popular location for home buyers. The proximity to the Dulles Airport makes Leesburg an attractive and convenient location for real estate ownership.
There are about 493 detached single family homes listed for sale in Leesburg, Virginia. Of this number, about 13 are bank owned properties that have been foreclosed and now offered for sale. They are listed for sale in the MLS along with all other resale properties and new home listings. Bank owned properties will be included in any tour of homes prepared by Homefinders agents.
Homes for sale in Leesburg are priced from $224,950 for a home constructed in 1761; a luxury home priced at $3,900,000 for a home built in 1880. The average price for a single family home in Leesburg is $821,197. These prices are for single family homes, detached. The average foreclosed property is priced at $474,343.
Foreclosed properties are located throughout Leesburg real estate in Northern Virginia.
There are about 13 bank owned homes in Leesburg for sale.
The lowest price for a foreclosed home in Leesburg is $289.900.
The highest price for a bank owned house in Leesburg is $749,900.
The average price for single family home foreclosed in Leesburg is $474,343.
ZIP CODES FOR FORECLOSURES
6 properties are in Zip Code 20175
7 properties are in Zip Code 20176
FORECLOSURES COME IN ALL AGES AND TYPES OF HOMES
6 properties were are 1 to 12 years old.
7 properties were are 12 to 45 years old.
PRICES OF THE FORECLOSED HOMES IN LEESBURG
6 properties are priced under $400,000.
7 properties are priced between $400,000 and $750,000.
LOT SIZES FOR FORECLOSURE IN LEESBURG COUNTY
The smallest lot size for foreclosed properties in Leesburg is 5,227 square feet.
The largest lot size for a foreclosed property in Leesburg is about 1/3 acre.
The average lot size for foreclosed properties in Leesburg is about 1/5 acre.
EXAMPLES OF FORECLOSED HOMES IN LEESBURG, VIRGINIA
Homes in Leesburg in the $300,000, $450,000 and $650,000 price range.
Map Leesburg Virginia
Search Listings in Leesburg, Virginia
Lenn Harley, Broker, Homefinders.com 800-711-7988, E-mail
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