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 $900,000 - $1,000,000
Over $1,000,000

Foreclosures for Sale in Sarasota & Manatee Counties

104 Properties Found. Page 1 of 7.
Photo of Listing #A4421048

So many possibilities are waiting for you when you enter. The openness of the living room and dining room will give you a feel of spaciousness in this 3 bedroom and 2 bathroom pool home located in...

Photo of Listing #T3146078

Located in the quiet community of Aberdeen. Spacious 4 bedroom 2.5 bath has a beautiful pond view with an open lanai for all the family BBQ's. Large living room with separate dining room great for ...

Photo of Listing #O5750656

Investment opportunity available this ranch home needs a lot of work and your creative vision. Home features 3 bedrooms, 1 bath, and pool with lanai. The location provides easy access to 1-75, airp...

Photo of Listing #O5750637

Short Sale approval subject to a 3 rd party , Florida West coast gorgeous waterfront property on a quiet canal that lead to the gulf of Mexico ,this 2 story home offers a little piece of Sarasota...

Photo of Listing #A4420943

Short Sale / Third Party Approval Required. Beautiful Lakefront home. 2 Bedroom home / 2 bath Pool home with large den and plently of room to spread out. Just minutes away from intercoastal, Venic...

Photo of Listing #A4405678

SHORT SALE: Listing price may not be sufficient to pay the total of all liens and costs of sale, and sale of property at full listing price may require approval of seller's lender(s) All room dimen...

Photo of Listing #O5749918

Investment opportunity, needs a lot of work and extensive repairs. This home has 4 bedrooms 2.5 baths and convenient to nearby schools, shopping, restaurants and hospital. NOTE: possible, mold, mil...

Photo of Listing #A4420591

Affordable 2 bedroom, 2 bath duplex on heavily treed lot. 1 bedroom/1 bath upstairs and 1 bedroom/1 bath downstairs. Unit is located in a single family neighborhood within a short drive to Siesta K...

Photo of Listing #A4420733

This is a non-conforming triplex with a pool. It has two nice sized 2 -3/1 units and an efficiency. With this diamond in the rough, let your imagination run wild. There are so many possibilities wi...

Photo of Listing #T3145141

Wonderful Huntington Point home located in a well maintained gated community. The home offers 3 bedroom/3 bathrooms, in-ground pool, and lake view. Nice open floor plan, with dining area. High ce...

Photo of Listing #A4412397

Short sale. Centrally located neighborhood with low association fee. Take a look at the beautiful pictures! Come home today!

Photo of Listing #N6103046

WONDERFUL WATER VIEW FROM THIS HOME IN THE EVER POPULAR GATED COMMUNITY OF HERITAGE OAKS GOLF AND COUNTRY CLUB! This 2 story villa has over 2400 sq ft of living space and the best part is, the mast...

Photo of Listing #N6103022

This villa in Fairway Bend is located in one of the most popular communities in Palm Aire. A large great room greets you as you enter the home. The 2 bedroom, 2 bath has over 1700 sq ft of living ...

Photo of Listing #C7408518

Golf course view Venice Gardens home with 3 spacious bedrooms & 3 full bathrooms. Features include new roof, new AC, new water heater, new granite counters & new stainless kitchen appliances, bran...

Photo of Listing #U8025880

Beautiful 2003 double wide manufactured home. This home has been kept well! It has 3 bedrooms and 2 baths, large open floor plan and indoor laundry. Appliances include refrigerator, built in oven a...

Photo of Listing #A4420364

Peaceful County Living Only Minutes from Lakewood Ranch. Gorgeous 5 area parcel with a large pond. Perfect for the animal lover or anyone looking for privacy. Two story home has 3 bedroom and 2 ...

 

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.

Listing information last updated on December 9th, 2018 at 6:15pm EST.