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
Amazing opportunity to own a home in the highly desirable Carrollwood community of Stonehedge! This homes offers an open floor plan with split bedrooms and open kitchen a...
- Zip Code33624
Nestled under an oak tree canopy is a pool home on a spectacular lot. The large pool is perfect for these hot days. The screen enclosure will keep bugs and other pests a...
- SubDv.Green Ridge Estates Unit 3
- Zip Code33619
Located in sought after South Cove Subdivision with no CDD fees. A true 4/2 split floor plan with plenty of entertaining space in your living room/dining area or TV room ...
- SubDv.South Cove Ph 1
- Zip Code33579
Riverview’s Boyette Creek POOL home ~ this two story, 3293 square foot home offers 3 bedrooms, 2 ½ bathrooms, 2 car garage and Pond views outback. With loads of potential...
- SubDv.Boyette Creek Ph 1
- Zip Code33569
*** CASH OFFERS ONLY *** Huge Price Improvement, get it before its gone ! Wow! This is a gem ready for rehab and sits on almost 5 acres!!! This property is set back off t...
- Zip Code33565
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