Sarasota Foreclosures & Short Sales

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 on the MLS. To get up to the minute foreclosure or short sale listings sent to you via email, just click this link: Distressed Home Finder.

 

Foreclosures for Sale in Sarasota & Manatee Counties

All Listings Under $100,000 $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

Market Statistics

Total Listings: 201
Average Price: $312,187
Highest Price: $2,900,000
Lowest Price: $75,000

Foreclosures for Sale in Sarasota & Manatee Counties

201 Properties Found. Page 1 of 13.
Photo of Listing #A4166591

Short Sale. The house is a nice three-bedroom, two-bath with no garage in an ideal location. There is a pool and an outdoor living area with some nice updates. Nice backyard. There are some things ...

Photo of Listing #A4197395

Short Sale. Short Sale Bank Approval Needed Cash Offers Only Pls

Photo of Listing #A4437119

Short Sale. Outstanding opportunity to own a beautiful 1775 SF, 3 bed room 2 bath pool home in the heart of Bradenton. The kitchen is spacious and opens up to a large open living area. The Master s...

Photo of Listing #A4405777

Short Sale, subject to third party approval. This 2 bedrooms, 2 bathroom end unit is tucked away on a private street within Palm Aire. Enjoy the beautiful golf course views from your second floor...

Photo of Listing #N6102351

SHORT SALE: This home has two bedrooms, two bathrooms, living room, kitchen and dining room. With it's own entrance, the in-law suite has an open floor-plan with 1 bedroom and bathroom, living/din...

Photo of Listing #A4436523

Short Sale. Short Sale third party approval needed. Sandy Cove condominium is just short distance from Siesta Village and the beach. Take a walk or ride your bicycle in this sought out neighborho...

Photo of Listing #A4438700

Short Sale. Short Sale. Subject to third Party approval . Excellent opportunity to build sweat equity. This conveniently situated home is easily accessible to Bradenton or Sarasota and only 50 minu...

Photo of Listing #A4436467

Short Sale. Short Sale. Third party approval needed. Farm house in need of renovation. This family home boast barn and horse stable. This home nestled in a woody area with view and access of th...

Photo of Listing #T3180307

Short Sale. Short Sale, Pool Leaks

Photo of Listing #A4437594

Short Sale. The lifestyle you deserve is finally available in this Magnificent Custom home on the Manatee River! Loaded with Lavish features for the most discerning tastes! Read a book by the Coral...

Photo of Listing #A4437140

Short Sale. An attractively priced, Custom-built John Cannon pool. Home backs to tranquility lake and 100-acre preservation area. Large open kitchen, warm wood floors, french doors, garden tub, two...

Photo of Listing #N6101596

SHORT SALE - Homeowner motivated. This is a beautiful fenced, corner lot home with almost 7 acres overlooking an on-property pond located in the equine community of Foxwood at Panther Ridge. The ...

Photo of Listing #A4437783

Short Sale. All offers will have to wait for 30-45 day approval from bank. However, verbal approval has been given on at least 85,000. All listing information is deemed reliable but not guaranteed ...

Photo of Listing #A4441327

Opportunity doesn’t knock twice. Bring your boat, jet skis, kayak and fishing poles to make this water front estate your home and navigate the natural waterways of the Manatee River, explore the co...

Photo of Listing #A4441445

Amazing 2 bedroom 2 bathroom home in Lakewood Ranch. Features a large living room and dining area for entertaining. This property is a must see !

Photo of Listing #A4441579

BENT TREE VILLAGE a gate guarded community ~ Don't miss seeing this fabulous home! Large 4 Bedroom + den home with open feel and high ceilings, Open and bright kitchen formal living and dining room...

 

All Foreclosures & Short Sales Foreclosures & Short Sales Listed Within the Last 7 Days
 Longboat Key Foreclosures  New Longboat Key Foreclosures
 Casey Key Foreclosures  New Siesta Key Foreclosures 
 Bird Key Foreclosures  New Lido Key/Bird Key/Downtown Foreclosures
 Lakewood Ranch Foreclosures  New Lakewood Ranch Foreclosures
 Siesta Key Foreclosures  
 Lido Key Foreclosures  
 Downtown Sarasota Foreclosures  

 


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 home or condo 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 estate contract and submits it the bank for approval. 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.

 

 

Communities

Sarasota Bradenton Anna Maria Island Longboat Key Siesta Key Lido Key St. Armands Circle
Bird Key Casey Key Downtown Sarasota Lakewood Ranch West of Trail Palmer Ranch St. Petersburg

 

Lifestyles

Suburbs Condo Living Luxury Properties Gated Communities Beach Condos Downtown Living
Waterfront Golf & Tennis Barrier Islands Master Planned Communities 55+ Communities Acreage

 

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 DBA Stellar MLS.

Listing information last updated on July 22nd, 2019 at 11:45am EDT.