Claudia S. Nelson Realtor, Keller Williams Realty, Woodbridge VA
One of the reasons for the limited inventory of homes for sale in Woodbridge VA is actually good news! Unfortunately it doesn't help the buyers that are out looking for homes to purchase in Woodbridge VA and are engaging in bidding wars with other buyers.
Per MRIS, Multiple Listing Service, there are currently 36 Foreclosures and Short Sales that are actively for sale.
Search Woodbridge VA Foreclosures and Short Sales
Yes this means there are fewer and fewer distressed home sales in Woodbridge VA and more and more regular sales. Meaning more and more home owners that might have been under water last years can consider selling their home now and break even or in many cases make a profit.
Of course there are still home owners that ate under water and are struggling to making their payments, for whatever hardship they are facing. For these home owners a short sale might be an option to consider. If the home you are considering to short sale is your primary residence the debt forgiveness act should still apply to you until the end of 2013.
If you are considering selling your Woodbridge VA Home and you are unsure of your current home value or if you can break even or make a profit you should reach out to a local Realtor and discuss individual situation. You can also find out what your Woodbridge Area home is worth in Today's market right here:
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Claudia S. Nelson
Full Time Realtor | Keller Williams Realty
Licensed in Virginia
Office: 571-285-4319 | Cell: 202-299-7671
Website: VARealEstateExperts.com
Search for Homes: ClaudiaSNelson.com
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