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.

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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 $900,000 - $1,000,000
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5410 Creeping Hammock Dr, Sarasota $247,900

  • 3 Beds
  • 2.0 Baths
  • 1,655 SqFt
  • 0.20 Acres

Cute Three Bedroom Two Bath Home In The Serene Dead Restricted Community Of Westlake Estates. Private Pool, Screened Lanai, Lots Of Privacy In The Backyard, Outdoor Lights. Walk In Closet In Master Bedroom. Breakfast Bar In Kitchen, Separate Formal Livin...

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2265 Mietaw Dr, Sarasota $320,000

  • 3 Beds
  • 2.0 Baths
  • 1,216 SqFt
  • 0.20 Acres

What A Great Opportunity Buy In The Highly Desirable Mcclellan Park! Features Of This 2 Bedroom, 2 Bath Home Include Hardwood Flooring In Most Of The Home, Nice Size Fireplace In Living Room, Den, Mature Landscaping And Of Course The Close Proximity To The ...

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5800 Covington Way, Sarasota $159,900

  • 2 Beds
  • 2.0 Baths
  • 928 SqFt
  • 0.20 Acres

Short Sale - Deer Hollow, 2-bedroom, 2-bath With 1-car Garage Great Corner Lot Very Open Floor Plan With Vaulted Ceilings!! This Is A Great Opportunity Needs A Little Work The Bones Are Good! Great Starter Home Or Winter Residence, Just A Short Drive To The...

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1709 Manasota Beach Rd, Englewood $294,900

  • 2 Beds
  • 3.0 Baths
  • 2,128 SqFt
  • 0.58 Acres

This Beautiful Home Is Waiting For Your Special Touches! Two Bedrooms Two Bath With Another Full Bedroom Which Just Needs Doors. Granite Counters, Wood Flooring, Three Car Garage, On An Over-sized Lot. Brick Paver Patio Overlooking The Private Backyard. ...

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5827 Estates Dr, North Port $221,450

  • 3 Beds
  • 3.0 Baths
  • 1,674 SqFt
  • 4.85 Acres

***privacy*** If You're Looking For Privacy, Here It Is! This Two-story 1600+ Sqft Home Is Located In The Sought After North Port Estates; A Quiet Community Of Acreage Estate Properties. It Sits On 4.85 Acres Of Land With A Pond! There Is Also A Separate 2 ...

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3321 Richardson St, North Port $187,200

  • 3 Beds
  • 2.0 Baths
  • 2,153 SqFt
  • 0.23 Acres

Employees And Family Members Residing With Employees Of Jpmorgan Chase Bank, N.a, Its Affiliates Or Subsidiaries Are Strictly Prohibited From Directly Or Indirectly Purchasing Any Property Owned By Jpmorgan Chase Bank, N.a.  Large North Port Home In Nice R...

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3810 75th St W #143, Bradenton $129,000

  • 2 Beds
  • 2.0 Baths
  • 1,164 SqFt

This Single Story Unit Has With Two Bedrooms, Two Bathrooms, Living/ Dining Combination, Indoor Laundry Area And 1 Car Detached Carport. Enjoy Serene Views Of The Lake And Relax To The Mesmerizing Sounds Of The Fountain. Bring Your Creative Ideas With You...

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4112 Cochise Ter, Sarasota $184,900

  • 2 Beds
  • 2.0 Baths
  • 1,242 SqFt
  • 0.17 Acres

This Two Bedroom Two Bathroom Home Is A Must See. This Property Features A One Car Garage And A Fenced Back Yard. The Back Yard Not Only Has A Mature Landscape, It Also Has A Open Porch To Enjoy The Beautiful Florida Sunshine. Located Near A Major Roadway A...

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656 Southland Rd, Venice $110,000

  • 2 Beds
  • 2.0 Baths
  • 900 SqFt
  • 0.18 Acres

Lots Of Potential Here In This 2 Bedroom 2 Bath Home With A Garage Located In South Venice. Large Florida Room And Separate Dining. Per County Records, Ac Was Replaced In 2014. Live The Florida Life! South Venice Has A Private Ferry To Beach, And A Priv...

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5616 24th Ave E, Palmetto $499,900

  • 5 Beds
  • 5.0 Baths
  • 4,000 SqFt
  • 1.58 Acres

Diamond In The Rough! This Custom Built Pool Home Nestled On Just Over 1.5 Acres Of Canopied Oaks Offers Endless Possibilities. Master Bedroom On The First Floor As Is The Office Or 2nd Bedroom. 2nd Floor Offers 4 Oversized Bedrooms And 3 Full Bathrooms And...

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3839 Gopher St, Sarasota $139,900

  • 3 Beds
  • 2.0 Baths
  • 1,230 SqFt
  • 0.19 Acres

Welcome To Your New Home! Fantastic 3 Bedroom, 2 Bath Single Family Home With Living Room, Family Room, And Possible 4th Bedroom/bonus Room. Both Full Bathrooms Have Tiled Showers. Large Indoor Laundry Room Just Off The Kitchen And Partially Fenced Backyard...

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5301 Nathaniel Pl, Sarasota $499,000

  • 4 Beds
  • 3.0 Baths
  • 2,735 SqFt
  • 0.23 Acres

Short Sale. Great Buy In Sought~after Nathaniel Place! Tile Throughout Living Areas Downstairs, And Carpet Upstairs. Upstairs Has A 1br/1ba + Bonus Room Which Allows For Total Privacy. Kitchen Features Granite Counters, Stainless Appliances, Island, ...

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6668 Meandering Way, Lakewood Ranch $299,900

  • 3 Beds
  • 2.0 Baths
  • 2,105 SqFt
  • 0.18 Acres

Location! Location! Location! Summerfield Lakes In The Heart Of Lakewood Ranch Is Convenient To Summerield Park, Excellent Schools, Shopping And Medical Facilities. With Some Imagination And Tls You Can Create The Home Of Your Dreams. Roof Was Updated In Ap...

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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 April 24th, 2017 at 4:23pm EDT.