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
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Sarasota Foreclosures & Short Sales Within The Last 7 Days

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Sarasota Foreclosures For Sale - Updated Daily!

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$900,000 - $1,000,000 Over $1,000,000
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4247 70th Street Cir E, Palmetto $249,900

  • 3 Beds
  • 2.0 Baths
  • 1,766 SqFt
  • 0.18 Acres

Back On The Market Nice 3 Bedroom 2 Bath Home In Northwood Park. Open Floor Plan With A Great Room And Open Kitchen. Large Screed In Patio. Northwood Park Is Near I-275 And I-75 For An Easy Commute To St. Pete, Tampa And Sarasota And There Are No Cdd Fees. ...

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5500 Bentgrass Dr #6-201, Sarasota $144,900

  • 2 Beds
  • 2.0 Baths
  • 1,254 SqFt

Lovely Two Bedroom Two Bath Condo Now Available Located In The Las Palmas Of Sarasota. This Home Is Located Just Minutes From Nathan Benderson Park. It Also Has Quick Access To I-75 To Enjoy All The Florida Has To Offer. Inside Offers Carpeted Floors And La...

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4937 Bella Terra Dr, Venice $472,900

  • 3 Beds
  • 3.0 Baths
  • 2,570 SqFt
  • 0.27 Acres

If You Are Searching For A Home In The Beautiful Gated Community Of Venetia Then You Won't Want To Miss This One! This 3 Bedroom, 3bath Gorgeous Move-in Ready Home Has All The Bells And Whistles You Can Find! Soaring 12' Ceilings, Crown Molding, Wainscoti...

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7901 Barr Rd, Myakka City $350,000

  • 4 Beds
  • 4.0 Baths
  • 3,842 SqFt
  • 10.00 Acres

If You Are Looking For Privacy...this One Is For You.. Imagine Coming Home From Work - Driving Down Your Private Road To Your 10 Acres Of Mostly Wooded Land With A Pond - And Cleared Area Around Home.. Has A Carport Away From House For Workshop Or Whatever ...

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4539 Wecoma Ave, North Port $184,900

  • 3 Beds
  • 2.0 Baths
  • 1,656 SqFt
  • 0.23 Acres

You Just Might Find Everything You Need Here Including The Picket Fence!! This Home Has Been Freshly Painted On Interior, New Carpeting And Some New Fans As Well! Great Layout With Family Room/kitchen Combination, As Well As Formal Living Room And Dining...

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5826 French Creek Ct, Ellenton $254,900

  • 4 Beds
  • 3.0 Baths
  • 2,909 SqFt
  • 0.14 Acres

Now Is Your Chance To Own In The Beautiful Community Of Covered Bridge. This 2 Story Home Features Almost 3,000 Sf Of Living Space, 4 Bedrooms 2 1/2 Baths With A 2 Car Garage. What More Could You Ask For? This Home Is Waiting For You. This Home Has Tons Of ...

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916 69th St Nw, Bradenton $214,900

  • 3 Beds
  • 2.0 Baths
  • 1,380 SqFt
  • 0.19 Acres

Location, Location, Location. This 3 Bedroom 2 Bath Home Offers Peaceful Lake Views In The Desirable, Non-deed Restricted Northwest Bradenton Neighborhood Of Bonnie Lynn Estates. This Move-in Ready Home Has Fresh Paint And Carpet. Location Is Superb, Just...

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1915 16th Avenue Dr W, Bradenton $124,900

  • 2 Beds
  • 1.0 Baths
  • 1,260 SqFt
  • 0.17 Acres

Super Cute - 2 Bedroom 1 Bath Home With 1260 Sf Of Living Space. Buy Today - Don't Wait! With Rent Prices And Purchase Prices On The Rise, Now Is The Time To Buy. This Home Is Perfect For The First Time Home Buyer Or To Us As Your Retirement Home. This Home...

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1507 18th St E, Bradenton $110,000

  • 3 Beds
  • 2.0 Baths
  • 1,358 SqFt
  • 0.18 Acres

This Lovely Three Bedroom Two Bathroom Home Is Now Available. Centrally Located A Short Distance From Manatee River And Braden River. Close Proximity To Tamiami Trail Means Quick Access To All That Bradenton Has To Offer. Home Features A One Car Garage With...

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7285 Cloister Dr #219, Sarasota $119,900

  • 2 Beds
  • 2.0 Baths
  • 914 SqFt

Your Opportunity To Own In The Wonderful Gulf Gate Gardens Community Is Here. This 2 Bedroom 2 Bathroom Condo Is Move In Ready. Split Bedrooms And A Large Great Room Make This The Ideal Layout. Great Community And Only Minutes To Shopping, Dining, And Siest...

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4238 Roxane Blvd #104, Sarasota $117,900

  • 2 Beds
  • 2.0 Baths
  • 1,055 SqFt
  • 0.01 Acres

Strathmore Villas! Light Open And Airy 2 Bedroom 2 Bath Villa. Villa Showcases Ensuite Bath In Master Bedroom Along With Walk In Closet, Open Kitchen To Dining Room, Laminate Flooring In Bedrooms, And Living Room, Built Ins In The Living Room, Plantation Sh...

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625 Crane Prairie Way, Osprey $486,900

  • 4 Beds
  • 3.0 Baths
  • 2,321 SqFt
  • 0.22 Acres

You May Have Found Your New Home! This Truly Exceptional Lee Wetherington Built Ashley Model Has It All! Nestled In The Tropical Birds Of Paradise Landscape, This 4 Bedroom, 3 Bath Light & Bright Home Overlooks Your Private Pool And Spa With A Grand Open Vi...

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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 September 28th, 2016 at 7:04pm EDT.