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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$370,000

15121 Nighthawk Drive, Tampa

Fantastic two story home set on an oversize homesite located in the heart of Tampa near shopping, dining, schools and much more! This beautiful was built in 1986 and fea...

  • Beds3
  • Baths2
  • SubDv.Eaglebrook Ph I
  • Zip Code33625

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$249,900

111 Goldenwood Avenue, Brandon

Nice Larger Home Located on a very over Sized Lot that Backs to Conservatrion, Looking for Outdoor Living Space and able to Park RV'S boats or Campers this home can offer...

  • Beds4
  • Baths3
  • SubDv.Royal Oaks
  • Zip Code33511

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$235,000

625 Somerstone Drive, Valrico

This stunning 3 bedroom and 2 bath home is perfect for the first time home buyer or first time move up. Spacious living room with lots of room for entertaining or just re...

  • Beds3
  • Baths2
  • SubDv.Somerset Tr C
  • Zip Code33594

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$160,000

13652 Laraway Drive, Riverview

This is a 3-bedroom, 2-bath home with a 1-car garage with 1232 SF with a fenced, shaded back yard. Close to shops, restaurants, YMCA, churches and ST. Joseph's Hospital ...

  • Beds3
  • Baths2
  • SubDv.Summerfield Village Ii Tr 5
  • Zip Code33579

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$415,000

1008 Arista Boulevard, Valrico

This is a beautiful 4 bedroom 3 and a half bath home with an office and 3 car garage. Enjoy the view of the lake from your huge covered patio. Nice gated community gives ...

  • Beds4
  • Baths3.5
  • SubDv.Arista
  • Zip Code33594

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