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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$177,100

3004 Rosebud Lane, Brandon

3 bedroom 2 bath home with private pool and screen porch features spacious kitchen leading to breakfast area and formal dining room and great room. Convenient to shoppin...

  • Beds3
  • Baths2
  • SubDv.Bryan Manor South Unit 02
  • Zip Code33511

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$477,000

3905 Venetian Way, Tampa

Spacious 4 bedrooms and 3 bath home with pool and direct bay access. Enjoy the large open and bright kitchen with lots of cabinets and stainless steel appliances leading...

  • Beds4
  • Baths3
  • SubDv.Venetian Shores Unit 1a
  • Zip Code33634

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$239,900

11008 Newbridge Drive, Riverview

This spacious 4 bedroom 2.5 bath Panther Trace home was recently refreshed and is move in ready! The interior features a spacious family room with a open kitchen, new app...

  • Beds4
  • Baths2.5
  • SubDv.Panther Trace Ph 1b 1c
  • Zip Code33579

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$246,000

206 Bayfield Drive, Brandon

Huge four bedroom, three bath and double car home located in heart of Bloomingdale subdivision of Brandon. Home has a screened enclosed pool. Property to be sold through ...

  • Beds4
  • Baths2.5
  • SubDv.Bloomingdale Sec D Unit 03
  • Zip Code33511

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$363,000

4718 W Alline Avenue, Tampa

Bright and Spacious 3 Bedroom, 2.5 Bath South Tampa Pool home! Solid block home! Open floor plan! Kitchen offers plenty of cabinets and counter space. French doors from h...

  • Beds3
  • Baths2.5
  • SubDv.Guernsey Estates Add
  • Zip Code33611

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