Pre-foreclosures in Virginia?

[Brian C.]

Helo all. I've done all my investment activities on the MLS; seems like everyone says there are no deals on the MLS. I've come across some pretty good ones I think, I've just for beaten out with cash offers (I have 25% down).

That brings me to my question... I've started seeing some potential in pre-foreclosures but my agent is apprehensive as he doesn't feel it's worth the effort.  But he will do it, reluctantly, it seems.  Anyone have experience?  I'm primarily looking for buy and holds and possible flips in the south Northern Virgina area (Stafford, Fredericksburg, Culpeper, etc.). I'm doing this work on the side, so it's not a full time gig (yet!).

Thanks for any advice!

[Levi T.]

It’s not worth his time, he will drop you as a client, and go do simpler dealers that give him quicker cash for less work. You'd do better chasing off market deals yourself.