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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
$166,300
10227 N Fleetwood Drive, Tampa
What an amazing buy! Pond frontage with a golf course view of the 6th Hole of the Babe Zaharis Golf course. This block home sits on a large site on a quiet street in esta...
- Beds3
- Baths2
- SubDv.Golfland Park Sub
- Zip Code33612
$259,000
6018 Rosewood Drive, Tampa
Amazing opportunity to purchase this turn-key single family 3 bedroom, 2 bath, living room, family room, dining room home with many updates. This home is ideal as an inve...
- Beds3
- Baths2
- SubDv.Townn Country Park Un 07
- Zip Code33615
$154,900
3806 River Grove Court, Tampa
Big home on a corner lot in River Grove Estate Subdivision. This home features over 3500 sqft of living space with an open floor plan. This home has the biggest lot on th...
- Beds4
- Baths3
- SubDv.River Grove Estates Add
- Zip Code33610
$135,200
8415 N Albany Avenue Unit C, Tampa
No HOA fees! You heard that right! No HOA fees! This interior townhouse unit has a large kitchen with pass-thru to the great room, a large enclosed patio with hot tub and...
- Beds3
- Baths2.5
- SubDv.Marty Lee Condo
- Zip Code33604
$599,900
14720 Tudor Chase Drive, Tampa
Custom designed 1 story home on a oversize lot with over 8 acres of protected conservation behind it. Travertine flooring, large center island kitchen, custom cabinets, s...
- Beds4
- Baths3
- SubDv.Waterchase Ph 6
- Zip Code33626
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