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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
$236,000
12276 Legacy Bright Street, Riverview
PARK CREEK 1 story home with no back door neighbors! Come see this 4 bedroom, 3 bathroom, 2 car garage with a great big kitchen and family room! TONS of ceramic tile ma...
- Beds4
- Baths3
- SubDv.Park Creek Ph 2a
- Zip Code33578
$539,000
12840 Darby Ridge Drive, Tampa
Hot hot!!! Located in the Carrollwood Crossing neighborhood. This is a large 2 story updated home on corner lot. Master suite is on the 1st floor. Ensuite features a larg...
- Beds4
- Baths3.5
- SubDv.Carrollwood Crossing
- Zip Code33624
$229,000
9214 Dalwood Court, Tampa
Nicely remodeled 3 bedroom, 2 bath home! Great Room plan with separate Dining Room featuring a vaulted ceiling and new vinyl flooring. Kitchen includes raised panel white...
- Beds3
- Baths2
- SubDv.Wood Lake Ph 1 Unit 3
- Zip Code33615
$269,900
1923 E Osborne Avenue, Tampa
This is a beautifully rehabbed 4 bedroom 2 bath house with an enormous back yard. Convenient to Hillsborough Ave and everything you need. Come see this beautiful rehabbed...
- Beds4
- Baths2
- SubDv.Unplatted
- Zip Code33610
$555,000
902 River Rapids Avenue, Brandon
SELLER IS REQUESTING HIGHEST AND BEST OFFERS SUBMITED BY 8 PM 7/2/2020 This is a large home on a large 1 acre lot that backs to Alafia River. This home has an elevator a...
- Beds3
- Baths4
- SubDv.River Rapids Sub
- Zip Code33511
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