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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$234,900

3408 Ellenwood Lane, Tampa

Beautiful 3 bedroom 3 bath townhome in Lake Ellen Villas. This community is in the heart of Carrollwood! Absolutely stunning wood floors in the living room and two bedr...

  • Beds3
  • Baths3
  • SubDv.Lake Ellen Villas
  • Zip Code33618

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$149,900

13813 Lazy Oak Drive, Tampa

Excellent opportunity to own this 3 bedroom, 2.5 bathroom, 2 car garage condo in Sweetwater Oaks! Fantastic location near USF, Moffit, Florida Hospital and walking distan...

  • Beds3
  • Baths2.5
  • SubDv.Sweetwater Oaks 02 A Condo
  • Zip Code33613

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$424,900

5730 Sea Turtle Place, Apollo Beach

Located in the beautiful gated community of MiraBay this Key West style 4 bedroom, 2.5 bathroom, 2 car garage home has so much to offer. Waterfront living at its finest w...

  • Beds4
  • Baths2.5
  • SubDv.Mirabay Ph 3b-2
  • Zip Code33572

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$162,800

612 Winham Street, Tampa

Investment opportunity in the Tampa. This home features 3 bedrooms, 2 baths. spacious kitchen with breakfast bar and all good sized rooms. Needs flooring, paint and your ...

  • Beds3
  • Baths2
  • SubDv.Adamo Acres Unit 01
  • Zip Code33619

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$219,900

10207 N Valle Drive, Tampa

Great Home located in Beautiful FOREST HILL!!!. This home is conveniently located near Bush gardens, Adventure Island, Major roadways, Shopping, dining, entertainment and...

  • Beds4
  • Baths2
  • SubDv.Golfland Park Sub
  • Zip Code33612

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