Alexandria VA City Foreclosure

[Alex Morstadt]

Good Afternoon

A friend of ours owns a note on a property which is going to foreclosure soon in the City of Alexandria, VA. We are locals an know this area to be super hot, but our friend is wondering if the Foreclosure market is hot as well. He is wondering to what end the prices of properties are trending toward retail and if he is going to end up with the property in the end.

The property is in a very nice part of Alexandria. 

Does anyone attend sales in Alexandria? What are they like? 

Thank you!