Reston TC foreclosures typically sell for 10, 20, 30% lower prices than the market value. They typically pop up and are sold within a week or two if they are correctly priced. Closing sometimes takes longer. The prices most often sell within 2-4% of the list price. The seller rarely warranties the property. It is necessary to have an experienced agent on top of the market when finding and making offers on foreclosure properties.
One current foreclosure is priced 33% lower than its 2008 tax assed value.
Contact Aaron for the complete list of foreclosures & best buys.