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 4/24/2014)

  1. 3 beds, 2 full baths
    Home size: 1,789 sq ft
    Lot size: 10,280 sqft
    Year built: 1991
    Parking spots: 2
    Days on market: 0
  2. 4 beds, 3 full baths
    Home size: 2,539 sq ft
    Lot size: 11,951 sqft
    Year built: 2002
    Parking spots: 2
    Days on market: 1
  3. 3 beds, 2 full baths
    Home size: 1,415 sq ft
    Lot size: 8,364 sqft
    Year built: 1990
    Parking spots: 2
    Days on market: 1
  4. 3 beds, 2 full baths
    Home size: 1,328 sq ft
    Lot size: 9,588 sqft
    Year built: 1954
    Days on market: 1
  5. 3 beds, 3 full baths
    Home size: 1,760 sq ft
    Lot size: 8,500 sqft
    Year built: 1981
    Days on market: 1

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 4/24/2014)

  1. 2 beds, 1 full bath
    Home size: 912 sq ft
    Lot size: 8,002 sqft
    Year built: 1976
    Days on market: 0
  2. 3 beds, 2 full baths
    Home size: 1,071 sq ft
    Lot size: 6,957 sqft
    Year built: 1956
    Parking spots: 1
    Days on market: 1
  3. 2 beds, 2 full baths
    Home size: 1,288 sq ft
    Lot size: 13,665 sqft
    Year built: 1962
    Parking spots: 1
    Days on market: 1
  4. 4 beds, 4 full baths
    Home size: 2,694 sq ft
    Lot size: 8,999 sqft
    Year built: 2003
    Parking spots: 3
    Days on market: 3
  5. 2 beds, 1 full, 1 part baths
    Home size: 1,573 sq ft
    Lot size: 10,001 sqft
    Year built: 1966
    Parking spots: 1
    Days on market: 3

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 4/24/14 7:26 AM PDT.

This IDX solution is (c) Diverse Solutions 2014.