Sarasota Foreclosures

Take a look below to view foreclosures in Sarasota, Bradenton, Siesta Key, Longboat Key, Casey Key, Bird Key, Lido Key, Lakewood Ranch, Osprey and Nokomis. This page is updated daily with new opportunities. To get up to the minute foreclosure or short sale listings sent to you via email, just click this link: Distressed Home Finder.

 Longboat Key Foreclosures  Siesta Key Foreclosures
 Casey Key Foreclosures  Lido Key Foreclosures
 Bird Key Foreclosures  Downtown Sarasota Foreclosures
 Lakewood Ranch Foreclosures  

Sarasota Foreclosures & Short Sales Within The Last 7 Days

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Foreclosures for Sale in Sarasota FL

All Listings $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000 $500,000 - $600,000
$600,000 - $700,000 $700,000 - $800,000 $800,000 - $900,000
$900,000 - $1,000,000 Over $1,000,000
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13428 Bellingham Dr, Tampa $204,900

  • 3 Beds
  • 2.0 Baths
  • 1,239 SqFt
  • 0.12 Acres

Great 3/2 Starter Home Or Rental Income Opportunity! This Fixer Upper Is Located In The Indian Lakes Neighborhood Convenient To The Suncoast Pkwy, Citrus Park Mall, Dining & An Easy Commute To Downtown Tampa. The Home Offers Vaulted Ceilings, Split Bedroom ...

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2400 Feather Sound Dr #628, Clearwater $144,500

  • 2 Beds
  • 2.0 Baths
  • 1,066 SqFt

Welcome Home!!! Lovely 2 Bedroom 2 Bath Condo Located In The Elegant Feather Sound Community!!! This Property Features An Open Floor Plan With A Fire Place In The Living Room, Screened-in Patio With A Beautiful View Of The Pond And Gulf Course, Spacious Kit...

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3353 Dunemoor Ct, Palm Harbor $119,900

  • 2 Beds
  • 2.0 Baths
  • 946 SqFt
  • 0.07 Acres

Short Sale..... Nice 2 Bedroom, 2 Bath Villa Located Within The East Lake Corridor In The "brookhaven" Community! Spacious Open Floor Plan With Inside Laundry, Wood Burning Fireplace, High Ceilings, Covered Screened Lanai Off The Kitchen, Storage Closet......

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11313 Palm Island Ave, Riverview $216,000

  • 4 Beds
  • 2.0 Baths
  • 1,655 SqFt
  • 0.10 Acres

Come Live In This Charming, Bright , Open Split Floor Plan, Ready To Move In. Featuring 4 Bedrooms , 2 Bathrooms And 2 Car Garage. Cathedral Ceilings, Freshly Painted, New Carpets, Lights And Fans Thru The House, New Modern Tile On Wet Areas, New Ss Applian...

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708 Magellan Dr, Sarasota $339,900

  • 3 Beds
  • 3.0 Baths
  • 2,131 SqFt
  • 0.21 Acres

Fantastic 2003 Built 3 Bedroom/3 Bath With Open Floor Plan, In Ground Pool, And Golf Course Views! New Interior And Exterior Paint, New Stainless Steel Kitchen Appliances. Great Split Floor Plan; Master Bedroom Has Sliders To The Screened Pool. Master Bath ...

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5411 4th St E, Bradenton $139,050

  • 3 Beds
  • 2.0 Baths
  • 1,756 SqFt
  • 0.18 Acres

Bring Your Decorating Ideas And Turn The Potential That This Home Has Into Your Own Updating Project. The Open Living Room, Kitchen And Family Room Provide An Endless Number Of Possibilities Along With A 3 Bedroom And 2 Bathroom Configuration. Enjoy The ...

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4511 E Little John Trl, Sarasota $285,000

  • 3 Beds
  • 2.0 Baths
  • 1,885 SqFt
  • 3,689.00 Acres

Short Sale: Central Sarasota Location. Desirable Sherwood Forest Has Majestic, Mossy Granddaddy Oaks That Line The Privately Owned Streets Of The Subdivision. There Is A Nostalgic Covered Bridge Over The Creek That Graces The Community. This 3 Bedroom 2 Bat...

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907 Mcintosh Cir, Brandon $200,000

  • 3 Beds
  • 3.0 Baths
  • 1,476 SqFt
  • 0.21 Acres

Home Sweet Home. This Four Bedroom, 1476 Square Foot, Two And A Half Bathroom Home In The Heart Of Brandon Will Provide Hours Of Relaxation, Entertaining And Just Some Good Old Days Of Enjoying Home. This Home Exterior Has Been Freshly Painted And Has New ...

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Good Foreclosure and Short Sale Blog Posts

Sarasota Foreclosures & Short Sale

The properties above are either short sales or foreclosures. It is much easier to purchase a foreclosure than a short sale. Typically, you can get a response back from the bank rather quickly whereas a short sale could take months.

A short sale occurs when the proceeds of a real estate sale are insufficient to cover the mortgage or balance owned on the property. In a short sale, the bank agrees to take less than what is owed to them due to an economic or financial hardship on the part of the borrower.

In a short sale the bank does not have title to the property. The homeowner still has title and must approve a purchase agreement. The seller then takes the agreed upon real estaet contract and submits it the bank for approvale. This negotiation can take a long time to accomplish. In many cases it takes months to process a short sale. Be prepared to spend a lot of time and energy in a short sale. If you need to move into a home quickly you should ignore short sales.

The foreclosure process is typically a bank or other secured creditor selling or repossessing a property after the owner has failed to comply with an agreement between the lender and borrower called a mortgage. In short, they stopped paying on the promissory note and the bank takes back the property. When the foreclosure proceeding is complete, the lender can dispose of the property and keep the proceeds to pay off the mortgage and any legal costs.

Buying a foreclosure, also known as REO or bank owned property, is easier than a short sale. Typically, you can get a response to an offer rather quickly. If you have a time line for purchasing it is best to look at bank owned properties instead of short sales.

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All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.

Listing data comes from My Florida Regional MLS.

Listing information last updated on August 19th, 2017 at 5:34pm EDT.