Posts Tagged “Bank owned”

February 9, 2009:

Looking for a Chesapeake condo with your own boat slip?

Your Own Boating Paradise

Your Own Boating Paradise

This Chesapeake real estate may be the bargain for you.  The specifics are: Read the rest of this entry »

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Bank Owned, Corporate Owned, and Short Sale real estate properties are available in Virginia Beach.

Most real estate properties that have ended up in foreclosure are not in good shape. These are not bad.

The Lagomar homes listed below offer potential opportunities for those in search of this sought out neighborhood. Remember, everything is NEGOTIABLE. Read the rest of this entry »

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Looking for a great real estate investment or first home in Virginia Beach?

Many real estate owners in Virginia Beach have unfortunately faced foreclosure and numerous bank owned properties are now available.

These homes can be very good first time or investment properties.

The following Virginia Beach Real Estate Foreclosures feature both detached and attached homes. Read the rest of this entry »

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Below are the statistics for Lagomar, Virginia Beach, VA real estate for the last 60 days (Oct 2008).

Lagomar

Lagomar

Key terms:

Pending:  Lagomar homes under contract but not yet closed.

Active:   Lagomar homes currently on the market.

You can view time on the market under the “entered” column.

New: Same as Active but just put on the real estate market.

Reduced:  Lagomar homes that have been on the real estate market but now reduced in price.

Sold:  There are no Lagomar “sold” homes for the last 60 days.  Sold meaning the real estate

has “closed”.

Previous Lagomar information can be viewed for comparison

Lagomar is centrally located
to Sandbridge Beach only
minutes away,

the Virginia Beach oceanfront
resort area about 20 minutes distance, and a large

variety of shopping nearby
at Red Mill Commons. Also, upscale communities such

as Heron Ridge Estates
(golf course community)
, Heritage
Park
(with equestrian facilities)

Indian River Plantation (golf course community) Ashville
Park (homearama 2008)

are nearby.

Lagomar is also
adjacent to a Rees Jones designed Golf Course Hell’s
Point
.

More about Pending Real Estate: Indicates Lagomar homes recently under contract

but “Pending” closing because of type of contingency, i.e., home inspections, financing, etc.

Pending homes potentially give you the best indicator of what price real estate is selling

and will provide appraisers with the lastest comparable information.

Lagomar neighborhood, school, and other information.











Homes Virginia Beach, VA Lagomar
Status Address List Price Entered BR FB HB SqFt Year Off Market MT
PEND 2588 ATWOODTOWN RD 525,000 11/26/2007 4 3 1 3498 1997 10/6/2008 315
PEND 800 PEREZ COURT 549,000 5/10/2008 5 3 1 3700 2001 9/16/2008 129
PEND 1012 CAMINO CT 584,500 7/18/2008 5 3 1 4186 1987 9/19/2008 63
PEND 928 VERANO COURT 584,900 9/20/2008 5 3 1 3897 2000 10/3/2008 14
PEND 925 VERANO CT 634,900 8/14/2008 5 3 1 3918 2001 9/29/2008 46
ACTV 1004 SANTA CLARA CT 414,900 10/7/2008 5 2 2 3000 1989
ACTV 2488 LAS BRISAS DRIVE 429,900 4/29/2008 4 2 1 2810 1984
ACTV 880 LOS COLONIS DRIVE 439,000 9/26/2008 3 2 1 2641 1994
ACTV 2500 SAN MARCO CIRCLE 449,900 6/11/2008 4 2 1 2435 1980
ACTV 2456 CAMINO REAL S 450,000 6/20/2008 3 2 1 2277 1979
ACTV 1032 RANCHERO ROAD 459,000 9/24/2008 3 2 1 2276 1982
ACTV 1001 CAMINO CT 479,000 8/20/2008 4 2 1 2595 1987
ACTV 937 BAJA COURT 499,900 9/15/2008 3 3 1 3091 1984
ACTV 2280 RIO RANCHO DR 540,000 1/18/2008 5 4 1 4500 2005
ACTV 2301 PEREZ WAY 549,000 7/25/2008 4 3 1 3636 2002
ACTV 912 RIO BRAVO BEND 549,900 6/12/2008 5 3 0 3259 1988
ACTV 937 ARTESIA WAY 584,000 1/3/2008 5 2 1 3200 2003
ACTV 2502 ENTRADA DR 595,900 3/7/2008 5 2 1 3640 1988
ACTV 1005 ROTA CIRCLE 599,000 7/18/2008 4 4 1 3850 1994
ACTV 2313 SANTA FE DR 600,000 3/31/2008 5 3 1 4700 2002
ACTV 2320 SANTA FE DR 615,000 10/13/2008 5 3 0 3731 2003
ACTV 892 LOS COLONIS DR 622,255 4/21/2008 7 5 2 5395 1990
ACTV 920 VERANO COURT 625,000 9/4/2008 5 3 1 3844 2001
ACTV 2232 SANTA FE ARCH 633,000 6/13/2008 4 3 1 3321 2002
ACTV 2329 VALLE RIO WAY 659,000 1/31/2008 4 4 1 3730 2004
ACTV 2276 VALLE RIO WAY 667,900 6/23/2008 5 4 0 4578 2005
ACTV 800 DASA LEO COURT 690,000 7/3/2008 6 4 1 3960 2006
ACTV LOT259 RIO RANCHO DRIVE 699,000 11/30/2007 6 4 0 3790 2007
ACTV 2233 ZIA DR 699,900 10/10/2008 5 4 0 3600 2004
ACTV 2229 ZIA DRIVE 722,000 8/13/2008 6 4 0 4422 2004
ACTV 805 DASA LEO COURT 735,000 6/22/2007 6 4 1 3935 2005
ACTV 2421 SABINA WAY 779,000 5/27/2008 4 4 1 3976 2004
ACTV 2257 RIO RANCHO DR. 789,900 5/30/2008 5 3 0 4299 2005
ACTV 2526 ENTRADA DR 845,000 7/1/2008 5 3 1 4025 2003
ACTV 2405 BRASILENO 1,199,000 9/4/2008 5 4 1 4700 2004
NEW 2401 TONO CT 414,000 10/20/2008 3 2 1 2008 1984
NEW 700 LOTUS CREEK CT. 425,000 10/22/2008 4 2 1 2522 2004
NEW 2500 MALAGA CT 589,800 10/16/2008 5 2 1 3200 1991
NEW 2281 RIO RANCHO DRIVE 655,900 10/15/2008 5 4 0 4779 2005
NEW 916 BRASILENO COURT 795,000 10/15/2008 4 3 1 4365 1995
REDC 952 ARTESIA WAY 568,900 7/15/2008 5 4 0 3849 2003
REDC 2341 VALLE RIO WAY 675,000 6/17/2008 5 3 1 4000 2002

Statistics courtesy of Real Estate Information Network, Virginia Beach, Virginia

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Many buyers are searching for bank owned, foreclosed, REO, and corporated
owned real estate in Virginia Beach, Chesapeake, and Hampton Roads.

The below listed real estate is currently on the market in Virginia
Beach.

Bank Owned real estate properties normally require some cosmetic to
extensive work and are marketed “as is”, meaning the owner will make
no repairs.

Make sure you do your due diligence if considering this type of real estate
in Virginia Beach or elsewhere.

The below listed real estate in Virginia Beach shows list price, bedrooms, full baths, half baths, square footage (per information provided in MLS), year built, and whether waterfront or not.

In my previous post i discussed the pitfals of bank owned properties.  Some are simply left better to flippers and professionals to take the risk of rehab.

Ensure you get home, termite, and other inspections to protect your interests.

Some REO/Bank Owned Virginia Beach real estate are not eligible for “normal” financing and you may have to consider rehab loans.

Read about “As-is” and its meaning.

Active duty, retired, National Guard, disabled vets, or suviving spouse of a military member are eligible for the Military Movers Plus Program.  This program will greatly assist real estate buyers with cash back for purchase.

Choose a REALTOR® that respects your needs and provides value.











Status List # Att/Det List Price BR FB HB SqFt Year WF
ACTV 837015 ATT 187,720 3 2 1 1354 1985 N
ACTV 843137 ATT 213,000 3 1 1 1388 1975 N
ACTV 842481 ATT 219,900 2 2 1 1328 2006 N
ACTV 841085 ATT 152,900 2 2 0 1216 1986 N
ACTV 836276 ATT 188,000 2 2 1 1454 1983 N
ACTV 835256 ATT 208,900 2 2 0 1014 1990 N
ACTV 828481 DET 619,900 5 3 1 3993 1991 N
REDC 840636 DET 182,900 2 1 0 1052 1983 N
BMK 839887 ATT 184,900 3 2 1 1428 1988 N
NEW 844127 DET 209,900 3 2 0 1328 1987 N
ACTV 828778 DET 677,900 5 4 0 4578 2005 N
ACTV 843465 DET 835,900 9 5 1 4331 2002 Y
NEW 844393 DET 295,100 4 2 1 2140 1998 N
ACTV 843205 ATT 124,900 3 2 1 1840 1975 N
ACTV 843485 ATT 189,900 2 2 1 1254 1983 N
ACTV 839815 DET 246,100 4 2 0 1778 1983 N
ACTV 842964 DET 279,900 4 2 1 2198 1975 N
REDC 815375 ATT 99,900 2 2 0 1034 1987 Y
NEW 844068 DET 104,500 2 1 0 752 1985 N
REDC 838249 ATT 157,200 3 1 1 1272 1989 N
REDC 825761 ATT 160,000 2 2 0 1068 1999 N
ACTV 831495 ATT 169,900 4 2 0 1557 1979 N
ACTV 842026 DET 177,900 3 1 0 1000 1982 Y
NEW 843822 ATT 210,900 2 2 1 1362 1996 N
ACTV 842231 DET 216,900 4 2 0 1514 1972 N
ACTV 841114 DET 279,900 4 2 1 2286 1993 N
ACTV 839380 DET 284,900 3 2 1 1857 1987 Y
NEW 844617 ATT 128,900 2 1 0 800 1982 N
ACTV 822428 DET 192,900 3 2 1 1364 1983 N
ACTV 839177 ATT 200,900 3 1 0 1210 1982 N
ACTV 842159 DET 203,900 3 2 1 1531 1988 N
REDC 833397 DET 205,770 4 2 1 1740 1983 N
ACTV 838914 DET 219,000 3 1 1 1440 1977 N
ACTV 811411 DET 229,900 4 2 1 2114 1986 N
ACTV 840244 DET 239,900 4 3 1 2042 1992 N
ACTV 842238 DET 250,900 4 2 0 2142 1991 N
ACTV 833063 DET 446,268 5 3 1 4131 1989 N

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