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

See all Foreclosures for Sale in Manatee County.
(all data current as of 8/1/2014)

  1. 2 beds, 1 full bath
    Home size: 888 sq ft
    Lot size: 6,011 sqft
    Year built: 1952
    Days on market: 0
  2. 3 beds, 2 full baths
    Home size: 2,324 sq ft
    Lot size: 9,017 sqft
    Year built: 1985
    Parking spots: 2
    Days on market: 0
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,404 sq ft
    Lot size: 1.32 ac
    Year built: 1985
    Parking spots: 2
    Days on market: 0
  4. 3 beds, 2 full baths
    Home size: 1,039 sq ft
    Lot size: 4,269 sqft
    Year built: 2007
    Parking spots: 1
    Days on market: 0
  5. 3 beds, 2 full baths
    Home size: 1,437 sq ft
    Lot size: 10,237 sqft
    Year built: 2001
    Parking spots: 2
    Days on market: 0

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

Sarasota County Foreclosures for Sale

See all Foreclosures for Sale in Sarasota County.
(all data current as of 8/1/2014)

  1. 5 beds, 4 full, 1 part baths
    Home size: 4,033 sq ft
    Lot size: 15,103 sqft
    Year built: 2007
    Parking spots: 2
    Days on market: 0
  2. 2 beds, 2 full baths
    Home size: 1,456 sq ft
    Lot size: 8,000 sqft
    Year built: 1977
    Days on market: 0
  3. 3 beds, 3 full baths
    Home size: 1,988 sq ft
    Lot size: 12,320 sqft
    Year built: 1974
    Parking spots: 1
    Days on market: 0
  4. 2 beds, 2 full baths
    Home size: 1,013 sq ft
    Year built: 1973
    Parking spots: 1
    Days on market: 0
  5. 2 beds, 2 full baths
    Home size: 1,057 sq ft
    Lot size: 8,250 sqft
    Year built: 1964
    Parking spots: 1
    Days on market: 1

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

Copyright © 2014 Mid Florida MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Mid Florida MLS. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Keller Williams Realty participates in the MFRMLS Internet Data Exchange (IDX) program, allowing display of other MFRMLS broker’s listings on this site. However, www.SunnySarasotaHomes.com may not include all listings currently available. Information is deemed reliable but not guaranteed. Information last updated on 8/1/14 1:37 PM PDT.

This IDX solution is (c) Diverse Solutions 2014.