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?
A 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
GORGEOUS End Unit Townhome that backs to pond. Located in the much sought after 24 hour manned and gated community of Waterchase. This community offers all the safety a...
- SubDv.Provence Twnhms At Waterch
- Zip Code33626
Welcome to Sereno! A gated community with POND VIEWS located in the growing area of Wimauma. Built in 2015, this 1944 square foot home has 4 bedrooms, 2 bathrooms and 2 ...
- SubDv.Dg Farms Ph 3b
- Zip Code33598
~** COME CHECK OUT THIS BEAUTY ON THE GOLF COURSE HOME **~ This beautiful 2 story modern style home with a stucco exterior, 3 car garage and golf frontage is ready for ow...
- SubDv.Summerfield Village 1 Tr 21
- Zip Code33579
One or more photo(s) has been virtually staged. Beautiful updated home in Echols Lake Carroll Estates with lake access and a private community boat ramp. 3 bedrooms, 2 ba...
- SubDv.Echols Lake Carroll Estates 4t
- Zip Code33618
Under Construction. The foundation to your custom dream home is waiting! This new construction custom home was started in 2017. Work has stopped and is now being offered ...
- SubDv.Ruskin Colony Farms 2nd Extens
- Zip Code33570
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