Richmond FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Richmond, Virginia.

Featured Foreclosure Listings in Richmond, VA

Richmond Home Foreclosure Listing ID: 1903970

Foreclosure

Richmond, VA - 23222

5 Bd | 2 Ba | $24,900.00

Richmond Home Foreclosure Listing ID: 1851912

Foreclosure

Richmond, VA - 23222

3 Bd | 1 Ba | $35,000.00

Richmond Home Foreclosure Listing ID: 2057162

Foreclosure

Richmond, VA - 23225

2 Bd | 1 Ba | $39,900.00

Richmond Home Foreclosure Listing ID: 2052039

Foreclosure

Richmond, VA - 23225

3 Bd | 1 Ba | $47,000.00

Richmond Home Foreclosure Listing ID: 2052038

Foreclosure

Richmond, VA - 23224

4 Bd | 2.1 Ba | $60,000.00

Total: 210
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
1 Photo
PETTUS RD Richmond VA 23234 Foreclosures 3 2 $54,000.00 Details
2
11 Photos
E BROAD ST Richmond VA 23223 Foreclosures 4 3 $162,100.00 Details
3
1 Photo
FRISCO DR Richmond VA 23233 Foreclosures 3 1.5 $164,900.00 Details
4
1 Photo
1ST AVE Richmond VA 23222 Foreclosures 4 2 $49,900.00 Details
5
7 Photos
WOODROW AVE Richmond VA 23222 Foreclosures 3 2 $64,900.00 Details
6
1 Photo
4TH AVE Richmond VA 23222 Foreclosures 5 2 $24,900.00 Details
7
1 Photo
MCDOWELL RD Richmond VA 23225 Foreclosures 3 1.5 $59,900.00 Details
8
2 Photos
MAPLEWOOD RD Richmond VA 23228 Foreclosures 3 1 $51,480.00 Details
9
5 Photos
HAROLD AVE Richmond VA 23222 Foreclosures 3 1 $35,000.00 Details
10
4 Photos
FOREST VIEW DR Richmond VA 23225 Foreclosures 2 1 $39,900.00 Details
11
11 Photos
DRESDEN RD Richmond VA 23229 Foreclosures 3 2 $164,900.00 Details
12
1 Photo
BLENDON LN Richmond VA 23238 Foreclosures 4 2.5 $194,000.00 Details
13
2 Photos
DAPPLE GREY DR Richmond VA 23223 Foreclosures 4 3 $299,950.00 Details
14
7 Photos
FENDALL AVE Richmond VA 23222 Foreclosures 4 2 $49,900.00 Details
15
10 Photos
SHADYCREST LN Richmond VA 23225 Foreclosures 3 1 $47,000.00 Details
16
6 Photos
RAINWATER RD Richmond VA 23237 Foreclosures 3 1 $115,000.00 Details
17
5 Photos
RANSCO RD Richmond VA 23235 Foreclosures 4 2.5 $69,900.00 Details
18
3 Photos
COLWYCK DR Richmond VA 23223 Foreclosures 3 1 $84,900.00 Details
19
31 Photos
AJAY CT Richmond VA 23231 Foreclosures 3 2.5 $165,000.00 Details
20
6 Photos
GREGORY DR Richmond VA 23236 Foreclosures 3 2 $134,900.00 Details
About our Listings

How to Buy Richmond Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Richmond, VA starts with finding listings. By browsing Richmond foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Richmond, VA.

>> See more info about how to Buy foreclosures

How to Invest in Richmond Foreclosures

How to invest foreclosure

Richmond foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Richmond real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Richmond foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Richmond foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Richmond

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Richmond will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Richmond, VA. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Richmond apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Virginia Foreclosure Laws

Foreclosure law

Virginia real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Richmond have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Richmond REO properties.

Richmond Banks Foreclosures

Bank Foreclosure

Richmond bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Richmond, VA are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Richmond bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Richmond Virginia to be similar to buying from an agent. Check our Richmond bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Richmond Government Foreclosures

Government Foreclosure

Richmond Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Richmond VA are another popular type of foreclosure, as are VA foreclosures in Richmond, which are available from the Veterans Affairs Department for especially great deals. Check our Richmond government foreclosure listings.

>> See more info about govermment foreclosures

Richmond Pre-Foreclosures

Foreclosure

PreForeclosures in Richmond are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Richmond Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Richmond Foreclosure Auctions

Foreclosure Auction

Most Richmond foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Richmond, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Richmond, VA. We offer a comprehensive Richmond foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Richmond, Virginia

Find Home Foreclosure Listings in Richmond, VA

Richmond foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Richmond, VA and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Richmond Virginia, best affordable foreclosure condo in Richmond, cheap apartments for sale, bargain foreclosed homes for sale in Richmond, VA and earn huge savings on the homes YOU want to buy!

Our Richmond Foreclosure Lists

You can find Richmond foreclosure homes for sale which you can buy for living or investment. Simply click through our Richmond foreclosure home listings to find government foreclosures and bank owned homes in Richmond area. If you're searching for a deep discount or low prices on real estate then searching our Richmond foreclosure lists for homes foreclosure for sale or short sale listing in Richmond is your answer. Our up-to-date Richmond short sale listings provide the latest investing opportunities on affordable Richmond bank owned property listings, government pre foreclosure lists, Richmond banrkuptcy homes and Richmond HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Richmond, you should have little trouble finding the cheapest deal on a foreclosed home in Richmond, Virginia.



Richmond, VA

As of 2011, Richmond's population is 200,356 people. Since 2000, it has had a population growth of 1. 24 percent. The median home cost in Richmond is $189,200. Home appreciation the last year has been -5. 35 percent. Compared to the rest of the country, Richmond's cost of living is 3. 90% Higher than the U. S. average. Richmond public schools spend $5,822 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 6 students per teacher in Richmond. The unemployment rate in Richmond is 9. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Richmond jobs have Decreased by 0. 97 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peoplerichmond, vaUS
Population200,356307,829,557
Pop Density3,30387
Pop Change1.24%9.34%
Median Age36.336.6
Households83,178116,329,167
Household Size2.252.58
Male Population46.78%49.31%
Female Population53.22%50.69%
Married Population25.02%47.15%
Single Population74.98%52.85%
Estimated Households By Household Incomerichmond, vaUS
Income Less Than 15k19.23%12.10%
Income Between 15k And 25k13.02%10.18%
Income Between 25k And 35k12.78%10.56%
Income Between 35k And 50k15.89%14.98%
Income Between 50k And 75k16.98%19.53%
Income Between 75k And 100k8.64%12.52%
Income Between 100k And 150k7.62%12.14%
Income Between 150k And 250k2.58%3.91%
Income Between 250k And 500k2.52%3.34%
Income Greater Than 500k0.75%0.75%
Economyrichmond, vaUS
Unemployment Rate9.00%9.10%
Recent Job Growth-0.97%-0.12%
Future Job Growth29.06%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$24,860$27,067
Household Income$39,721$52,954
Housingrichmond, vaUS
Median Home Age53.835.1
Median Home Cost$189,200$175,100
Home Appreciation-5.35%-3.15%
Homes Owned44.26%59.90%
Housing Vacant10.72%10.37%
Homes Rented45.02%29.73%
Property Tax Rate$12.69$11.20
Owner Occupied Housing Units By Valuerichmond, vaUS
Less Than 20k1.15%2.65%
20k To 399990.53%3.76%
40k To 599991.05%4.99%
60k To 799993.67%6.01%
80k To 999996.74%7.27%
100k To 14999925.56%19.24%
150k To 19999919.28%14.67%
200k To 29999918.50%18.09%
300k To 3999999.24%9.14%
400k To 4999994.67%4.94%
500k To 7499994.89%5.42%
750k To 9999992.25%2.03%
1kk Or More2.49%1.77%
Educationrichmond, vaUS
School Expend$5,822$5,678
Pupil Teacher Ratio13.614.9
Students Per Librarian321803
Students Per Counselor346513
2 Yr College Grad4.46%7.47%
4 Yr College Grad19.01%17.42%
Graduate Degrees13.27%10.12%
High School Grads80.02%84.72%
Crimerichmond, vaUS
Violent Crime84
Property Crime64
Housing Units By Year Structure Builtrichmond, vaUS
1999 To 20055.69%13.71%
1995 To 19981.32%8.54%
1990 To 19942.01%5.77%
1980 To 19896.94%13.87%
1970 To 197913.41%16.17%
1960 To 196913.66%11.70%
1950 To 195916.82%11.08%
1940 To 194912.27%6.02%
1939 Or Earlier27.89%13.15%

Table Information

Richmond Areas