Chesapeake FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Chesapeake, VA

Chesapeake Home Foreclosure Listing ID: 1871415

Foreclosure

Chesapeake, VA - 23321

2 Bd | 2 Ba | $53,600.00

Chesapeake Home Foreclosure Listing ID: 2058755

Foreclosure

Chesapeake, VA - 23324

2 Bd | 1 Ba | $57,600.00

Chesapeake Home Foreclosure Listing ID: 2058756

Foreclosure

Chesapeake, VA - 23324

3 Bd | 1 Ba | $68,900.00

Chesapeake Home Foreclosure Listing ID: 2057169

Foreclosure

Chesapeake, VA - 23323

3 Bd | 1 Ba | $119,900.00

Chesapeake Home Foreclosure Listing ID: 2063158

Foreclosure

Chesapeake, VA - 23320

3 Bd | 2 Ba | $215,000.00

Total: 87
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
15 Photos
N HAVEN CIR Chesapeake VA 23322 Foreclosures 4 3 $314,900.00 Details
2
16 Photos
GREENWING DR Chesapeake VA 23323 Foreclosures 5 4.1 $290,000.00 Details
3
14 Photos
WOODBAUGH DR Chesapeake VA 23321 Foreclosures 3 2 $124,900.00 Details
4
17 Photos
SQUIRREL RUN Chesapeake VA 23321 Foreclosures 5 4 $304,900.00 Details
5
9 Photos
CAYCE DR Chesapeake VA 23324 Foreclosures 3 1 $84,900.00 Details
6
8 Photos
LADY ASHLEY DR Chesapeake VA 23320 Foreclosures 3 2.5 $229,900.00 Details
7
20 Photos
HUGHES AVE Chesapeake VA 23324 Foreclosures 2 1 $46,000.00 Details
8
7 Photos
INDIGO RD Chesapeake VA 23325 Foreclosures 3 2 $121,500.00 Details
9
10 Photos
CLOVER MEADOWS DR Chesapeake VA 23321 Foreclosures 2 2 $53,600.00 Details
10
12 Photos
LAURA ST Chesapeake VA 23320 Foreclosures 5 3 $219,000.00 Details
11
1 Photo
B ST Chesapeake VA 23324 Foreclosures 3 2 $50,900.00 Details
12
18 Photos
BERKLEY AVE Chesapeake VA 23324 Foreclosures 4 2 $46,900.00 Details
13
11 Photos
SALTON DR Chesapeake VA 23325 Foreclosures 3 1 $98,900.00 Details
14
16 Photos
HIDDEN HARBOR CT Chesapeake VA 23322 Foreclosures 5 3 $377,500.00 Details
15
5 Photos
BIG BEND CT # 157 Chesapeake VA 23321 Foreclosures 2 2.1 $140,000.00 Details
16
16 Photos
FRIAR TUCK CT Chesapeake VA 23322 Foreclosures 4 2.5 $299,900.00 Details
17
18 Photos
SAINT ANDREWS WAY APT B Chesapeake VA 23320 Foreclosures 1 1 $82,500.00 Details
18
2 Photos
COMMERCE AVE Chesapeake VA 23324 Foreclosures 4 1.5 $34,900.00 Details
19
17 Photos
STARBOARD RD Chesapeake VA 23321 Foreclosures 3 2 $100,000.00 Details
20
10 Photos
RIVER BREEZE CIR Chesapeake VA 23321 Foreclosures 4 2.5 $183,900.00 Details
About our Listings

How to Buy Chesapeake Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Chesapeake, VA starts with finding listings. By browsing Chesapeake 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 Chesapeake, VA.

>> See more info about how to Buy foreclosures

How to Invest in Chesapeake Foreclosures

How to invest foreclosure

Chesapeake 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 Chesapeake real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Chesapeake 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 Chesapeake 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 Chesapeake

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Chesapeake 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 Chesapeake, VA. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Chesapeake 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 Chesapeake 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 Chesapeake REO properties.

Chesapeake Banks Foreclosures

Bank Foreclosure

Chesapeake bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Chesapeake, 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 Chesapeake bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Chesapeake Virginia to be similar to buying from an agent. Check our Chesapeake bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Chesapeake Government Foreclosures

Government Foreclosure

Chesapeake 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 Chesapeake VA are another popular type of foreclosure, as are VA foreclosures in Chesapeake, which are available from the Veterans Affairs Department for especially great deals. Check our Chesapeake government foreclosure listings.

>> See more info about govermment foreclosures

Chesapeake Pre-Foreclosures

Foreclosure

PreForeclosures in Chesapeake are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Chesapeake 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

Chesapeake Foreclosure Auctions

Foreclosure Auction

Most Chesapeake 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 Chesapeake, 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 Chesapeake, VA. We offer a comprehensive Chesapeake foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Chesapeake, Virginia

Find Home Foreclosure Listings in Chesapeake, VA

Chesapeake 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 Chesapeake, 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 Chesapeake Virginia, best affordable foreclosure condo in Chesapeake, cheap apartments for sale, bargain foreclosed homes for sale in Chesapeake, VA and earn huge savings on the homes YOU want to buy!

Our Chesapeake Foreclosure Lists

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



Chesapeake, VA

As of 2011, Chesapeake's population is 220,361 people. Since 2000, it has had a population growth of 10. 53 percent. The median home cost in Chesapeake is $252,400. Home appreciation the last year has been -3. 84 percent. Compared to the rest of the country, Chesapeake's cost of living is 13. 50% Higher than the U. S. average. Chesapeake public schools spend $5,699 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 3 students per teacher in Chesapeake. The unemployment rate in Chesapeake is 6. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Chesapeake jobs have Decreased by 0. 65 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peoplechesapeake, vaUS
Population220,361307,829,557
Pop Density64987
Pop Change10.53%9.34%
Median Age36.636.6
Households78,595116,329,167
Household Size2.762.58
Male Population48.45%49.31%
Female Population51.55%50.69%
Married Population52.73%47.15%
Single Population47.27%52.85%
Estimated Households By Household Incomechesapeake, vaUS
Income Less Than 15k6.97%12.10%
Income Between 15k And 25k6.63%10.18%
Income Between 25k And 35k7.98%10.56%
Income Between 35k And 50k13.30%14.98%
Income Between 50k And 75k21.72%19.53%
Income Between 75k And 100k18.38%12.52%
Income Between 100k And 150k16.87%12.14%
Income Between 150k And 250k5.30%3.91%
Income Between 250k And 500k2.40%3.34%
Income Greater Than 500k0.45%0.75%
Economychesapeake, vaUS
Unemployment Rate6.30%9.10%
Recent Job Growth-0.65%-0.12%
Future Job Growth32.40%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$28,400$27,067
Household Income$67,570$52,954
Housingchesapeake, vaUS
Median Home Age24.935.1
Median Home Cost$252,400$175,100
Home Appreciation-3.84%-3.15%
Homes Owned69.21%59.90%
Housing Vacant4.86%10.37%
Homes Rented25.94%29.73%
Property Tax Rate$11.24$11.20
Owner Occupied Housing Units By Valuechesapeake, vaUS
Less Than 20k1.31%2.65%
20k To 399990.93%3.76%
40k To 599990.46%4.99%
60k To 799990.66%6.01%
80k To 999991.04%7.27%
100k To 14999910.37%19.24%
150k To 19999920.26%14.67%
200k To 29999931.87%18.09%
300k To 39999920.04%9.14%
400k To 4999996.93%4.94%
500k To 7499994.67%5.42%
750k To 9999991.01%2.03%
1kk Or More0.45%1.77%
Educationchesapeake, vaUS
School Expend$5,699$5,678
Pupil Teacher Ratio14.314.9
Students Per Librarian723803
Students Per Counselor355513
2 Yr College Grad8.44%7.47%
4 Yr College Grad17.18%17.42%
Graduate Degrees9.84%10.12%
High School Grads88.74%84.72%
Crimechesapeake, vaUS
Violent Crime54
Property Crime54
Housing Units By Year Structure Builtchesapeake, vaUS
1999 To 200514.24%13.71%
1995 To 199813.34%8.54%
1990 To 199411.87%5.77%
1980 To 198921.83%13.87%
1970 To 197914.64%16.17%
1960 To 196911.55%11.70%
1950 To 19597.83%11.08%
1940 To 19492.10%6.02%
1939 Or Earlier2.61%13.15%

Table Information

Chesapeake Areas