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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2110 Laindale Place, Valrico

MOVE-IN READY POOL HOME!! Recent renovations include a NEW Roof, NEW A/C, NEW Water Heater, NEW Pool Equipment, Remarcited Pool Finish, NEW Pool Screens, NEW Stainless S...

  • Beds3
  • Baths2
  • SubDv.Fairway Ridge Add
  • Zip Code33596

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12748 Lake Vista Drive, Gibsonton

Large 2 story home with formal entry, formal living/dining room, ½ bath and flex room perfect for office, game room or 5th bedroom off entry. At the rear of the 1st floor...

  • Beds4
  • Baths2.5
  • SubDv.Kings Lake Ph 2a
  • Zip Code33534

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11741 Lynn Brook Circle, Seffner

Home is a 3 bedroom 2 bath with tile in all rooms except bedrooms have carpet. Ready to move into. Corner fenced lot. One car garage and no hoa or cdd fees.

  • Beds3
  • Baths2
  • SubDv.Hillcrest
  • Zip Code33584

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311 Jeanal Place, Tampa

PRE-FORCLOSURE Lis Pendins WELLS FARGO FIXER UPPER. Owner Occupied. Here is a great opportunity to have fabulous square footage in a wonderful convenient Tampa locatio...

  • Beds4
  • Baths4
  • SubDv.Nelms Sub
  • Zip Code33612

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12545 Evington Point Drive, Riverview

Auction Property. Corner lot 1 level home in Panther Trace development. Great opportunity to live in peace and quiet in this 3 bed 2 bath home. Community has sidewalk and...

  • Beds3
  • Baths2
  • SubDv.Panther Trace Ph 2a-2 Unit
  • Zip Code33579

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