Washington, DC foreclosure listings are your link to residential and commercial properties that are being sold below market value. Studies show that foreclosure properties in Washington, DC and the rest of the nation sell for an average of 22 percent less than ordinary home sales. Whether you’re seeking a townhouse in Foggy Bottom, a commercial property on Capitol Hill or an investment property that you can turn around and sell for profit, you have several options for finding foreclosure property listings in Washington, DC.
Foreclosure properties in Washington, DC are the end result when homeowners or business owners miss their mortgage payments and ultimately default on their loans. Washington, DC foreclosure properties, also called Washington, DC distressed properties, present a potentially lucrative opportunity for investors.
A Washington, DC foreclosure property may be sold at one of three stages in the foreclosure process:
The best contacts and resources to help you get it done
Find foreclosure property listings in Washington, DC
Providers of foreclosure listings in Washington, DC typically offer listings by county, city or ZIP code so you can find foreclosures in your area. Note that most Washington, DC foreclosure listings can only be accessed if you register online and pay a fee.
I recommend: Providers of foreclosure listings in Washington, DC that list hundreds of thousands of properties include
RealtyStore.com,
RealtyTrac,
ForeclosureDataBank.com,
Foreclosure.com and
ForeclosureS.com.
Find pre-foreclosure listings in Washington, DC
Homeowners in pre-foreclosure are often motivated to unload their homes at bargain prices as a way to avoid foreclosure. Using pre-foreclosure listings, you can find such homeowners.
I recommend: Washington, DC distressed properties and properties in the surrounding areas of Maryland and Virginia can be found at
FindMeDistressedHomes.com, which specializes in pre-foreclosure listings.
Find listings for Washington, DC foreclosures at auction
Foreclosure auctions are typically held at the county courthouse. Buyers interested in bidding on a Washington, DC foreclosure property must be present at the auction and usually must bring a deposit in the form of a cashier's check.
I recommend: Check the auction calendar listings for upcoming sales on Washington, DC foreclosure properties at the
Real Estate Disposition Corporation where you can also sign up to receive email notifications of upcoming auctions in the area. The real estate auctions listed at
GovernmentAuctions.org often include foreclosures, but you’ll need to register to view them.
Find listings for government-owned and bank-owned foreclosures in Washington, DC
Even though government-owned or bank-owned foreclosures in Washington, DC don't offer the same savings as pre-foreclosures or foreclosures sold at auction, they can still represent a significant savings over ordinary home sales.
I recommend: HUDForeclosed.com offers the largest inventory of government-owned and bank-owned foreclosures in Washington, DC. At
All Foreclosure Information, you can search for properties owned by the government, asset managers or banks.
Find listings for Washington, DC commercial foreclosure properties
Business foreclosures in Washington, DC occur when business owners default on a commercial mortgage loan. In Washington, DC, commercial foreclosure properties typically include business properties, such as office buildings or retail spaces.
I recommend: Search the business foreclosure listings in Washington, DC at
Foreclosure Listings. Other providers of commercial foreclosure listings in Washington, DC include
ForeclosureFreeSearch.com.
Find free foreclosure listings
Few providers of foreclosure listings in Washington, DC offer free foreclosure lists, however, you can find free trials or very low-cost trials.
I recommend: ForeclosureFreeSearch.com offers a free seven-day trial. For a seven-day trial, you’ll pay $1 at
HUDForeclosed.com, $1.95 at
RealtyStore.com and $3.95 at
ForeclosureDeals.
Use online learning tools to get the most from Washington, DC foreclosure listings
Master the art of investing in foreclosures by taking advantage of online tutorials, webinars and other educational resources offered by providers of Washington, DC foreclosure listings.
I recommend: Check out the resources in the learning center at
RealtyTrac or the
Foreclosure.com webinar series for educational sessions on buying foreclosure properties in Washington, DC.