LEESBURG VA SHORT SALE and FORECLOSURE LISTINGS - HOMES FOR SALE IN LEESBURG, LOUDOUN COUNTY, VA SHORT SALE LISTINGS AND FORECLOSURES
By Lenn Harley, Real Estate Broker - Virginia & Maryland
(Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate)
SHORT SALE AND FORECLOSURE LISTINGS IN LEESBURG, LOUDOUN COUNTY, VA 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. Foreclosures also offer opportunities for home buyers. While foreclosed homes may sometimes need cosmetic work after closing, the home owner benefits from their "sweat equity". These homes, in most cases, have been discounted for condition. There are, however, foreclosed homes for sale that are in excellent condition. Unlike government foreclosures, these homes are bank owned and generally in good condition.Short sales and foreclosures are offering opportunities f...
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