3 Beds   2 Baths   Single-Family
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Exeter Rd
Appalachia, VA 24216

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Status: Inactive
Listing ID: 59841489
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Learn about Exeter Rd in Appalachia, VA

This single-family property is available as a foreclosure at Exeter Rd. Based on our analysis of the current market conditions in Appalachia for Exeter Rd and comparable listings, the estimated market value is $53,376. The property located at single-family has potential equity of $4,324. If purchased for rental purposes, the monthly rental rate could range between $720 and $881. For those interested in resale, the estimated profit from selling is $4,324. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Exeter Rd are updated daily along with others in Appalachia, Virginia.

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Property Information

  • Price: $53,500
  • Bedrooms: 3
  • Bathrooms: 2
  • Year Built: 1920
  • Day(s) On Site: 81
  • Property Type: Single Family Dwelling

VA Home

U.S. Department of Veterans Affairs (VA) is a federal agency that guarantees mortgages to homeowners who have served in the armed forces /military. Therefore, when banks foreclose on VA-guaranteed mortgages, the government agency acquires the properties and often offers them for sale at drastically-reduced prices to the public. Fast approval for veterans and lowest possible fixed-rate mortgages!

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 Exeter Rd located in Appalachia, VA is $800/month. Comparable homes around Exeter Rd that are rentals have monthly ranges starting as low as $720 per month and as high as $881 per month. An owner looking to use this property as an investment could bring a return in the area of $720 - $881 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.

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Exeter Rd
Appalachia, VA 24216

3 Beds   2 Baths   Single-Family


Status: Inactive Listing ID: 59841489

Property Information

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