$340,659 EMV

3 Beds   2.5 Baths   1,569 Sq. Ft.   Condo
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Dock Lndg
Virginia Beach, VA 23456

Overview

This Condo Foreclosure is located at Dock Lndg, Virginia Beach, VA 23456. It has 3 Beds, 2.5 Baths , 1,569 sqft of living space. This property is currently bank owned with an estimated market value of $340,659.
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Status: Active
Listing ID: 57870554

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Foreclosure Timeline

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

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View Foreclosure Status
04/18/22
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
06/29/22
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Property Information

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Public Records

Foreclosure

Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Dock Lndg located in Virginia Beach, VA is $2,040/month. Comparable homes around Dock Lndg that are rentals have monthly ranges starting as low as $1,940 per month and as high as $2,140 per month. An owner looking to use this property as an investment could bring a return in the area of $1,940 - $2,140 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
06/30/22 07/01/22 Preforeclosure
06/29/22 07/02/22 Preforeclosure

Virginia Beach, VA
Home Inspectors
Quality Assurance Inspections, LLC
William Kemp
757-689-7396
Final Analysis Property Inspections
Anthony Gilbar
757-495-2300
Quality Assurance Inspections LLC.
Jay Bennett
757-689-7396
Robert Smith Jr.
757-822-3134
HomeView, Inc.
Robert Jennings
757-499-6691
Homes On This Street
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foreclosure.com

Dock Lndg
Virginia Beach, VA 23456

3 Beds   2.5 Baths   1,569 sq. ft.   Condo

$340,659 EMV

Status: Active Listing ID: 57870554

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Dock-Lndg-Virginia-Beach-VA-23456/57870554_lid

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