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123 Askin St, Martinsville, VA 24112

HomeStepsReal EstateπŸ“Martinsville, VA

Current bid:

$84,900

Time Left

NaNm

Ends Invalid Date

Market demand: Real Estate like this sell about 26% of the time, typically ~3 bids. Based on 2,263 completed sales over the last year.

Title and tax regime in VirginiaClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Virginia: Virginia is a tax deed state. The county sells the property itself. You take ownership at the sale, subject to whatever the sale did not wipe out. There is no statutory redemption period after the sale. Title is usually insurable soon after the sale. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options β†’

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

Seller

Freddie Mac (HomeSteps)

Condition: REO / sold as-is

Full Description

Freddie Mac HomeSteps REO home at 123 Askin St, Martinsville, VA, 24112. Single-Family, 3 bed, 1 bath. Sold as-is by Freddie Mac; submit an offer through a real-estate agent.

Pickup information

Martinsville, VA 24112

Freddie Mac (HomeSteps)

Freddie Mac HomeSteps REO home. Offers are submitted through a licensed real-estate agent; see homesteps.com.
Title and tax regime in VirginiaClear title
This is a government REO sale, not a tax sale. The two convey title very differently.
  • β€’This listing: conveys with clear, insurable title. Past-due property taxes are settled at closing by the seller, there is no redemption period, and no former owner can reclaim it.
  • β€’County tax sales in Virginia: Virginia is a tax deed state. The county sells the property itself. You take ownership at the sale, subject to whatever the sale did not wipe out. There is no statutory redemption period after the sale. Title is usually insurable soon after the sale. None of that applies to this listing.

We do not estimate what a specific property owes. Lien and back-tax amounts live in county records and only a title search returns the real number, so any figure produced without one is a guess you should not bid against. Compare all 51 state tax-sale regimes. State-level rules, not legal advice.

Financing

Need funding for this flip?

Auction homes usually need cash or a short-term rehab loan. Kiavi funds fix-and-flip and rental (DSCR) purchases for real-estate investors, including the rehab budget.

New borrowers get a $350 credit on their first closed loan.

See fix-and-flip loan options β†’

Advertising disclosure: this is a paid partner link. GovAuctions may earn a referral fee if you take a loan, at no cost to you. We are not a lender or financial adviser.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.