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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2913 W Knights Avenue, Tampa

A uniquely designed Mediterranean home with handcrafted elements and custom embellishments throughout this masterpiece. From the driveway entrance, the home instantly di...

  • Beds6
  • Baths6.5
  • SubDv.Bay Bluff
  • Zip Code33611

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2410 Allegheny Valley Street, Ruskin

Large home on a beautiful lot and priced to sell! An expansive front porch provides a welcome entry into this well-planned home. Straight ahead is the formal living room ...

  • Beds4
  • Baths3
  • SubDv.Spyglass/River Bend
  • Zip Code33570

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6706 Surfside Boulevard, Apollo Beach

This is a fabulous waterfront property that backs right up to the Gulf and is close to Apollo beach park. This property has 6 bedrooms and 5 bathrooms and needs a new o...

  • Beds6
  • Baths5
  • SubDv.Surfside Estates By The Bay
  • Zip Code33572

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3625 Cordgrass Drive, Valrico

One or more photo(s) has been virtually staged. To help visualize this home’s floorplan and to highlight its potential, virtual furnishings may have been added to photos ...

  • Beds3
  • Baths3
  • SubDv.River Hills Country Club Parce
  • Zip Code33596

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3008 Bayshore Pointe Drive, Tampa

Imagine living in Tampa Bay's Premier Gated Townhome Community with access to the Fishing Pier, Secured Pool, Sand Volleyball Court, and Tennis Courts on Bayshore Pointe ...

  • Beds3
  • Baths2.5
  • SubDv.Bayshore Pointe Twnhms Phas
  • Zip Code33611

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