Foreclosure Real Estate & Homes For Sale

Included below are homes for sale in Foreclosure. If you would like more information on any of these Foreclosure homes for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Foreclosure homes for sale come on the market.

Foreclosure, Bank Owned and REO April 17, 2021
6
Listed
24
Avg. DOM
$56.13
Avg. $ / Sq.Ft.
$52,650
Med. List Price
6 Properties
$365,000
Subdivision: Bel Air
3
Beds
2F11/2
Baths
2,050
Sq.Ft.
1963
Year Built
10
Days on Site
2242757
MLS
Renovated home, brick, large living and dining space, den / great room, large entertaining deck off of the kitchen, hardwood floors, new HVAC, new Appliances, easy access to I-40, Won't last long
3
Beds
1
Baths
1,912
Sq.Ft.
1920
Year Built
56
Days on Site
2229769
MLS
If your offer is accepted, you agree to be responsible for an offer submission technology submission fee of $150.00 The fee will be included on the closing disclosure and paid at the closing of the...
3
Beds
1
Baths
1,500
Sq.Ft.
1974
Year Built
54
Days on Site
2230308
MLS
Great opportunity to own this 3 bedroom 1 bathroom home. This property built in 1974 has approximately 1410 square feet of living space. Close to restaurants and shopping. Bring your ideas and design...
3
Beds
2
Baths
1,249
Sq.Ft.
1999
Year Built
3
Days on Site
2244747
MLS
6.31 acres in Portland, 3 bd 2 Ba Double wide that needs lots of work. 300 ft road frontange. Sold as-is
1
Beds
1
Baths
1,008
Sq.Ft.
1953
Year Built
24
Days on Site
2238984
MLS
Possible camp site or weekend cabin getaway! Trees to see in nearly every direction! Property has own gravel driveway and sits back off the road. Cash sales only. No water source to property (water...
3
Beds
2
Baths
1,216
Sq.Ft.
1999
Year Built
6
Days on Site
2243720
MLS
3bd/2ba mobile home on 1.27 acres. 1216sqft. Mobile home is not on permanent foundation. Selling as-is. Seller makes no repairs or warranties. All offers submitted at propoffers.com. EM deposit is 1%...

Purchasing foreclosure properties is one of the easiest ways to purchase a great home for a very good price. Most people find that they can remain within their budget while purchasing a larger home by purchasing it as a foreclosure.

Foreclosure homes generally sell under market value. This savings mean that a person looking for a home could have instant equity in their home from the minute that they move in, especially if they make repairs and improvements. This is always a benefit to home owners.

Foreclosures can be found in any size and in any type of neighborhood. Working with an experienced REALTOR will help you find the home of your dreams.

What You Must Know About Foreclosures

• Foreclosure properties are sold AS-IS. This means that you are responsible for any and all repairs to the home once it is purchased. Having a home inspection, if possible, prior to the purchase is always recommended. This can help you determine any investment you may have to make for repairs and will allow you to make a fair offer on the home.

• Almost all foreclosures will need repairs. It may be something as simple as putting in new carpet or something as serious as repairing the roof. You must remember that this house is a foreclosure because the former owner could no longer afford to pay the mortgage. With this in mind, it is easy to assume that they were not investing into property maintenance.

• Purchasing a foreclosure is a little different than buying a home in the conventional manner. You will need to work with an experienced REALTOR to make the process go smoothly. 

• Foreclosures can be found in any area and include any type of home. Lofts, condos, farm homes, water front properties or even luxury homes can be found in foreclosure at any given time. It is always wise to look through the foreclosure listings before opting to pay full price for a home.

Foreclosures are often a great type of property to purchase for investment reasons. Many people that are interested in owning rental properties find that they can purchase these homes at a discount and after a few repairs rent them out for a profit.

Foreclosure properties are available in and around Nashville, but they are not as prevalent as in other areas of the country. The Nashville housing market has rebounded tremendously in recent years and finding these discounted properties requires an experienced REALTOR.