I sold this special Charlottesville foreclosure to one of my buyer clients.
As you know foreclosed homes are sold "as is" and consequently many are fixers. This bank owned home is a newly constructed home that is completely finished but has never been occupied. My buyer was lucky enough to purchase a new home, by an excellent builder at a discounted price.
The Charlottesville real estate market has a selection of foreclosed homes in various stages of repair, but they are still a relatively small percentage of the total homes listed. If you are considering purchasing a bank owned property, it is helpful to have a Realtor who is experienced in the purchase of Charlottesville foreclosures.