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, 3 full baths
    Home size: 2,033 sq ft
    Lot size: 6,621 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 0
  2. 2 beds, 2 full baths
    Home size: 1,386 sq ft
    Year built: 1983
    Parking spots: 1
    Days on market: 0
  3. 2 beds, 2 full baths
    Home size: 2,130 sq ft
    Lot size: 8,581 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 0
  4. 4 beds, 2 full, 1 part baths
    Home size: 2,012 sq ft
    Lot size: 5,532 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 2
  5. 3 beds, 2 full baths
    Home size: 2,072 sq ft
    Lot size: 11,282 sqft
    Year built: 1955
    Parking spots: 2
    Days on market: 2

See all Foreclosures for Sale in Manatee County.
(all data current as of 5/22/2015)

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

Sarasota County Foreclosures for Sale

  1. 3 beds, 2 full baths
    Home size: 1,753 sq ft
    Year built: 2006
    Parking spots: 2
    Days on market: 0
  2. 2 beds, 2 full baths
    Home size: 968 sq ft
    Lot size: 5,750 sqft
    Year built: 1941
    Parking spots: 1
    Days on market: 1
  3. 2 beds, 2 full baths
    Home size: 1,722 sq ft
    Lot size: 6,450 sqft
    Year built: 2006
    Parking spots: 2
    Days on market: 1
  4. 3 beds, 2 full baths
    Home size: 1,443 sq ft
    Lot size: 35,626 sqft
    Year built: 1986
    Days on market: 1
  5. 2 beds, 1 full bath
    Home size: 928 sq ft
    Lot size: 6,650 sqft
    Year built: 1963
    Days on market: 1

See all Foreclosures for Sale in Sarasota County.
(all data current as of 5/22/2015)

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