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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$200,000

907 Mcintosh Circle, Brandon

Home sweet home. This four bedroom, 1476 square foot, two and a half bathroom home in the heart of Brandon will provide hours of relaxation, entertaining and just some g...

  • Beds3
  • Baths2.5
  • SubDv.Schoolview Estates
  • Zip Code33510

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$204,900

13428 Bellingham Drive, Tampa

Great 3/2 starter home or rental income opportunity! This fixer upper is located in the Indian Lakes neighborhood convenient to the Suncoast Pkwy, Citrus Park Mall, dinin...

  • Beds3
  • Baths2
  • SubDv.Indian Lakes
  • Zip Code33625

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$196,100

7048 Hollowell Drive, Tampa

Bring your design ideas to bring out the best in this home. This 4 bedroom 2 bath home with 2 car garage features, wood and tile floors, , high ceilings, great room with...

  • Beds4
  • Baths2
  • SubDv.Copperfield Unit 01
  • Zip Code33634

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$192,900

304 W Wheeler Road, Seffner

This is an AS IS SALE. ALL data is to be verified by the buyer. NOTE: There is a second unit on the property that had been used as a living space. This may or may not be ...

  • Beds3
  • Baths2.5
  • SubDv.Brandon Forest
  • Zip Code33584

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$232,900

12728 Longcrest Drive, Riverview

Completely renovated. Seller does not pay title ins or doc stamps.

  • Beds4
  • Baths2.5
  • SubDv.Summerfield Village 01 28 Ph 03 & 04
  • Zip Code33579

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