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Fri, Mar 9th 2012 11:00 am

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Tampa FL Foreclosures, Pre-foreclosures and Bank Owned REO Properties

Foreclosures are running wild in Tampa Bay Florida and now is your chance to take advantage of all the great deals that are out there. There are different types of Tampa foreclosures such as:

Pre-foreclosure - a home is about to be foreclosed on by the lender who holds the mortgage on the property. Most often the seller is months behind on the payment and can't catch up.
Short Sale - the home owner owes more on the mortgage than the home is worth, is also currently behind in payments and the lender is about to foreclose. The lender then agrees to sell the home to a new owner for less than market value just to get rid of the property. Short sales are a mess right now due to lender confusion and lack of manpower and can take 3+ months to close or even get an answer. If you need to close quickly or have a solid idea of where you are going to live, short sales are probably not for you.
In-foreclosure - the lender or bank has started the process of foreclosure but the home has not yet been foreclosed on.
Bank Owned or REO - The bank or lender has foreclosed on the home and now owns the property. The home is then placed on the market for sale normally below market value. We have been noticing the good deals going in about 2-3 days. Many times placing a low offer on these types of properties is not a good idea because you will lose to another bidder.

Tampa Short Sale Listings

Get automatically notified when any of these awesome deals first hit the market! Click here.

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$749,900 - Tampa, Fl @ Beach Park

MLS#: T2500402
Bedrooms:: 5
Bathrooms:: 4 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

This Immaculate Custom Built Bank Owned Property Shows Like A New Home. The Open Great Room/kitchen Includes Top Of The Line Appliances, Custom Wood Cabinets, Granite Counter Tops, Walk In Pantry And Is Connected To The Dinning Room By A Beautiful...

Provided courtesy of SMITH & ASSOCIATES REAL ESTATE

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$699,900 - Tampa, Fl @ Sunset Park

MLS#: T2513559
Bedrooms:: 4
Bathrooms:: 4 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

Gorgeous Home Located In Sunset Park Area. Just Off Of Westshore Blvd, This 4420 Sq Ft Home Offers Plenty Of Living Space. With 4 Bedrooms, 2 Of Them Master Bedrooms, 4.5 Baths, Formal Dining And Living Areas. Offers A Large Open Floor Plan With ...

Provided courtesy of COLDWELL BANKER RESIDENTIAL

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$479,999 - Tampa, Fl @ Mandolin Estates

MLS#: U7547060
Bedrooms:: 5
Bathrooms:: 4 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

What An Incredible Home On An Amazing Homesite. This Home Will Not Last. 5 Bedrooms, 4 1/2 Bathrooms. Incredcible Open Layout Perfect For The Expanding Family. Granite Countertops In The Kitchen, Soaring Ceilings. 2 Master Suites, One Upstairs...

Provided courtesy of RE/MAX REALTEC GROUP

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$339,900 - Tampa, Fl @ Speedway Place

MLS#: T2516105
Bedrooms:: 5
Bathrooms:: 3 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

Welcome Home! This Showplace Is Ready For New Owners. This Mediterranean Design Has Great Curb Appeal With A Tile Roof. The Interior Offers A Great Deal Of Amenities. Including Wood Floors, A Study, Stainless Appliances, Dual Living Areas, Granite...

Provided courtesy of PREO REALTY LLC

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$332,000 - Tampa, Fl @ Bay Crest Park Unit No 19

MLS#: T2517821
Bedrooms:: 3
Bathrooms:: 2 Full / N/A
Class:: Residential
Status:: active
Area:: Hillsborough County

This Three Bedroom Two Bathroom Two Car Garage Home Is Located On A Canal With Quick Access To The Gulf Of Tampa. The Property Has Multiple Lifts For A Boat And Jet Skis. The Home Has An Enclosed Brick Paver Deck With An Oversized Heated Pool An...

Provided courtesy of SUNRAYE REALTY

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$319,900 - Tampa, Fl @ Grand Hampton Ph 1b-1

MLS#: T2511000
Bedrooms:: 4
Bathrooms:: 3 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

Nice 4/3.5 Home With 3 Car Garage, Screened Patio, 2nd Floor Rear Balcony And Conservation View. This Home Has Wood Floors, Carpet, Tile, Granite Counters, Bonus Room. This Resort Style Community Is Gated With Pool, Tennis Courts & Clubhouse. Sold...

Provided courtesy of WEICHERT REALTORS YATES& ASSOC

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$314,999 - Tampa, Fl @ Hunters Green Parcel 15

MLS#: T2516131
Bedrooms:: 4
Bathrooms:: 3 Full / N/A
Class:: Residential
Status:: active
Area:: Hillsborough County

Fresh Paint And Carpet! In Ground Pool. Not A Short Sale!!! Closing Will Be A Mail Away To Seller. Seller Is Not Local. Keys To Property Cannot Be Released Until Title Company States That The Buyers Loan Has Funded. Please Submit Your Offer As...

Provided courtesy of REAL ESTATE INVESTMENT & ASSET

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$309,500 - Tampa, Fl @ Virginia Park

MLS#: T2518658
Bedrooms:: 3
Bathrooms:: 2 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

2100+sf Block Home Built In 2005 With 3 Bedrooms/2.5 Baths And 2 Car Garage In South Tampa. Separate Living And Dining Rooms With Gorgeous Wood Flooring And Tray Ceilings. Upgraded Kitchen Features Stainless Stell Appliances And Granite Counters...

Provided courtesy of WEICHERT REALTORS, DAY & ASSOC

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$299,900 - Tampa, Fl @ Hesperides

MLS#: A3957446
Bedrooms:: 4
Bathrooms:: 2 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

Beach Park Area. Four Bedrooms And Two And A Half Baths With 2046 Sqft Under Air Built In 1975 On Over 8500 Sqft Of Land. Formal Living And Dining Rooms Plus A Large Family Room. Brazilian Cherry Wood Floors In Most Rooms With Neutral Tile In T...

Provided courtesy of COLDWELL BANKER RESIDENTIAL RE

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$279,000 - Tampa, Fl @ Manors Of Nottingham The

MLS#: W7520987
Bedrooms:: 4
Bathrooms:: 3 Full / 1 Half
Class:: Residential
Status:: active
Area:: Hillsborough County

Four Bedroom, Three And A Half Bath, Two-car Garage Home Overlooking A Lovely Conservation View. The Master Suite Is Downstairs, And There Is A Second Suite Upstairs. Features Include Crown Molding, Solid Oak Wood Floors, And Soaring Ceilings. Kit...

Provided courtesy of PRUDENTIAL TROPICAL REALTY

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