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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$734,900

2801 W Thornton Avenue Unit 1/2, Tampa

One or more photo(s) has been virtually staged. Stunning 4 bedroom, 3.5 bathroom home with a brand new roof located in a well established neighborhood with no HOA! This b...

  • Beds4
  • Baths3
  • SubDv.Brobston Fendig & Co Half Way Add
  • Zip Code33611

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$224,900

4107 Hawkins Road, Plant City

Excellent opportunity to own this 3 bedroom, 2 bathroom home nestled on a beautifully wooded .5 acre lot in a quiet neighborhood! Boasting 1,600+ sq. ft. of living space,...

  • Beds3
  • Baths2
  • SubDv.Phipps Platted
  • Zip Code33567

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$189,000

5903 N 43rd Street, Tampa

Auction Property. Very well maintained 3/2 Block home fenced yard extended carport .Great Starter home or investment opportunity.

  • Beds3
  • Baths2
  • SubDv.East Henry Heights Add
  • Zip Code33610

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$199,000

10229 George Smith Road, Lithia

4 Bedroom 2.5 bath fleetwood mh home features new carpet, laminate, interior paint and applicances a/c unit was done in 2018 and the outside electrical panel was redone...

  • Beds4
  • Baths2
  • SubDv.Unplatted
  • Zip Code33547

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$287,500

6013 Christy Lane, Riverview

GREAT OPPORTUNITY for a 4 Bedroom PLUS Den/Office, 2 Bath Home with over 2600sf living area on half acre with NO HOA Fees or Deed Restrictions!! Flexible floorplan featu...

  • Beds4
  • Baths2
  • Zip Code33578

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