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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
$570,000
2803 S Miller Road, Valrico
Valrico Buckhorn Golf Course Beauty. This almost new 4 bedroom 3 bath pool home has been fully renovated. New roof, new interior paint, new flooring, new fixtures, interi...
- Beds4
- Baths3
- SubDv.Buckhorn East Sub
- Zip Code33596
$199,900 ▼
10928 N 15th Street, Tampa
RIGHT ACROSS THE STREET from COPELAND PARK. A 132 acre paradise within the city offering nature trails and freshwater pond. Large recreation center with indoor basketba...
- Beds3
- Baths2
- SubDv.Plandome Heights Sub
- Zip Code33612
$275,000 ▼
2617 E Curtis Street, Tampa
Nice contemporary style home with block construction features 3 bedrooms and 2 baths in a popular split plan. Terrific layout with a large central great room with high ce...
- Beds3
- Baths2
- SubDv.Englewood
- Zip Code33610
$264,900 ▼
8708 Fountain Avenue, Tampa
Great Value & Ideal Location! 3 Bedroom, 2 Bath home on a large, shady 1/4 acre lot. There is plenty of room for your favorite outdoor activities in the partially fenced...
- Beds3
- Baths2
- SubDv.Rocky River Sites
- Zip Code33615
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