Are you interested in buying foreclosed homes?

Buying a foreclosed home in today's market is still a possibility. While the inventory of foreclosures is not as high in the Tampa Bay area as it has been in the recent years past, there are still foreclosed homes on the market.

What is a foreclosed home?

Foreclosure signA foreclosed home is a home that has already gone through the foreclosure process and is back on the real estate market ready for a new owner. You may be familiar with the terms foreclosure, REO (Real Estate Owned), or bank-owned properties. All of these terms refer to homes that have gone through the foreclosure process and are back on the market.

It is important to understand the circumstances and risks involved when buying foreclosed homes. Many times a foreclosure or bank-owned property is sold "as is" meaning that the seller, bank, or investor will not make repairs to the property before closing. The home is being sold in the "as is" condition the home is in when you look at the property. An "as is" property often requires a different real estate contract to be used when making an offer on a foreclosure. Working with a REALTOR® who understands the contracts and due diligence process is recommended when buying foreclosed homes.

Recently Listed Foreclosed Homes

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1408 Alhambra Crest Drive, Ruskin

Great 4 bedroom 2 bath home in Venetian at Bay park! Excellent location Close to Tampa, St Petersburg, Sarasota and their fantastic Beach's, Restaurants, Sports Arena's, ...

  • Beds4
  • Baths2
  • SubDv.Venetian At Bay Park
  • Zip Code33570

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10023 Bentley Way, Tampa

Don't miss your opportunity to own this 3 bedroom 2.1 bath town house with 2 car garage in the desirable West Park Village - Westchase community. The home features an op...

  • Beds3
  • Baths2.5
  • SubDv.Westchase Sec 324
  • Zip Code33626

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6029 Flora Terrace, Apollo Beach

Investment opportunity available, this 3 bedroom 2 bath home with carport features an open, bright and spacious sunny kitchen with plenty of cabinet and counter space, g...

  • Beds3
  • Baths2
  • SubDv.Apollo Beach Unit 01
  • Zip Code33572

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802 Tomahawk Trail, Brandon

INDIAN HILLS beckons with this fantastic 1 acre corner lot estate. A very beautiful renovation was almost completed and now offers one of the most unique opportunities t...

  • Beds4
  • Baths3
  • SubDv.Indian Hills
  • Zip Code33511

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18111 Heron Walk Drive, Tampa

Gorgeous 4BR/3.5BA pool & spa home nestled on a beautiful conservation lot in the desirable community of Arbor Greene. This 3,346 sq. ft. fixer upper is awaiting those bu...

  • Beds4
  • Baths3.5
  • SubDv.Arbor Greene
  • Zip Code33647

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