Manatee & Sarasota County Florida Area Foreclosures

LOOKING FOR A FORECLOSURE IN THE SARASOTA AREA? My site is updated daily with all the new distressed properties from the Sarasota/Manatee MLS.

PURCHASING A FORECLOSED HOME VS. A NORMAL HOME…Most buyers have heard the term foreclosure before, but don’t know exactly what it means. So what is a foreclosure?

There are a lot of homes in the Sarasota area that are BANKOWNED OR A FORECLOSURE. What does FORCLOSURE OR BANKOWNED mean?......When purchasing a home, usually the lender obtains an interest in the home in the form of a promissory note to secure the loan. The FORECLOSURE process begins when the owner has failed to comply with the agreement between the lender and borrower. A FORECLOSURE is a process in which a lender obtains a court order for termination of the borrower’s right to the home after they have defaulted on the loan. When the FORECLOSURE process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs.

Please keep in mind the time frame is different when it comes to a foreclosed property vs. a regular sale. With a regular sale certain things are completed in a specific time frame and you will be able to close and move in on a specific date. With a foreclosed property there are many question marks involved which affects when you will be closing and moving into your home.

If you are interested in the process of a foreclosure and would like to talk about the specifics in more detail please feel free to contact me.

Manatee County Foreclosures for Sale

  1. 3 beds, 2 full baths
    Home size: 1,246 sq ft
    Lot size: 7,754 sqft
    Year built: 1958
    Parking spots: 1
    Days on market: 1
  2. 3 beds, 3 full, 1 part baths
    Home size: 3,061 sq ft
    Lot size: 9,932 sqft
    Year built: 2003
    Parking spots: 2
    Days on market: 2
  3. 2 beds, 2 full baths
    Home size: 840 sq ft
    Year built: 1968
    Days on market: 3
  4. 3 beds, 2 full baths
    Home size: 1,724 sq ft
    Lot size: 9,060 sqft
    Year built: 1978
    Parking spots: 2
    Days on market: 3
  5. 2 beds, 2 full baths
    Home size: 1,533 sq ft
    Lot size: 8,189 sqft
    Year built: 1967
    Parking spots: 1
    Days on market: 4

See all Foreclosures for Sale in Manatee County.
(all data current as of 7/4/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Sarasota County Foreclosures for Sale

  1. 2 beds, 2 full baths
    Home size: 1,180 sq ft
    Year built: 1972
    Parking spots: 1
    Days on market: 1
  2. 2 beds, 2 full baths
    Home size: 1,668 sq ft
    Lot size: 5,848 sqft
    Year built: 2005
    Parking spots: 2
    Days on market: 1
  3. 3 beds, 2 full baths
    Home size: 1,552 sq ft
    Lot size: 10,823 sqft
    Year built: 1970
    Parking spots: 1
    Days on market: 1
  4. 2 beds, 2 full baths
    Home size: 988 sq ft
    Lot size: 7,136 sqft
    Year built: 1973
    Parking spots: 1
    Days on market: 2
  5. 3 beds, 1 full bath
    Home size: 999 sq ft
    Lot size: 8,325 sqft
    Year built: 1955
    Parking spots: 1
    Days on market: 2

See all Foreclosures for Sale in Sarasota County.
(all data current as of 7/4/2015)

Listing information deemed reliable but not guaranteed. Read full disclaimer.