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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$395,000

19416 Whispering Brook Drive, Tampa

PERFECT OPPORTUNITY in the guarded and gated community of Laurel Vista – Large one story with an upstairs bonus area offers 4 bedrooms, 4 bathrooms plus an office, bonus ...

  • Beds4
  • Baths4
  • SubDv.K-Bar Ranch Prcl O
  • Zip Code33647

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$153,900

7206 N 50th Street, Tampa

Investment opportunity available in Tampa. This ranch home offers 3 bedrooms, 2 baths, tile floors and spacious open kitchen with breakfast bar. Repairs and updates neede...

  • Beds3
  • Baths2
  • SubDv.Unplatted
  • Zip Code33617

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$969,000

9916 Menander Wood Court, Odessa

This custom built Mediterranean home sits on a beautiful 1 acre estate inside the exclusive gated enclave of Northbridge at Lake Pretty in Odessa. The expansive home en...

  • Beds5
  • Baths4.5
  • SubDv.Northbridge At Lake Pretty
  • Zip Code33556

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$285,000

21508 Keene Road, Wimauma

20 ACRES with a 2880 sf concrete block horse barn PLUS pole barn PLUS a 3/2 home! HORSE LOVER OPPORTUNITY! The 11 stall horse barn includes an office and half bath, elec...

  • Beds3
  • Baths2
  • SubDv.Unplatted
  • Zip Code33598

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$249,000

10619 Deepbrook Drive, Riverview

WOW! Amazing 3 bedroom, 2 bath house on OVER three and half acres overlooking Bell Creek. This split bedroom floor-plan with an open interior is perfect for the starter h...

  • Beds3
  • Baths2
  • SubDv.Boyette Spgs Sec A Un #7
  • Zip Code33569

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