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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Sarasota Foreclosures For Sale - Updated Daily!

All Listings $100,000 - $200,000 $200,000 - $300,000
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$900,000 - $1,000,000 Over $1,000,000
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2330 Palm Ter, Sarasota $230,000

  • 3 Beds
  • 2.0 Baths
  • 2,225 SqFt
  • 0.33 Acres

What A Location! And A Brand New Roof! This Home Offers Over 2200+ Sqft Of Living Space On A Huge Lot In The Riverwood Area. The Fenced In Yard Wraps Around Most Of The 14000 Sqft Lot Providing Fantastic Privacy And Unlimited Opportunities. Located In One...

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501 Velasquez Dr, Osprey $554,900

  • 3 Beds
  • 3.0 Baths
  • 3,028 SqFt
  • 0.33 Acres

If You're Looking For An Upscale Home In A Boating Community And Don't Want The Usual Cookie Cutter Design, This Home Is For You. It Was Built With All Of The High End Design Features, But It Also Has One Of The Most Remarkably Unique Pools I've Ever Seen. ...

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7304 Arcturas Dr, Sarasota $166,400

  • 3 Beds
  • 2.0 Baths
  • 1,602 SqFt
  • 0.25 Acres

Opportunity Knocks! Excellent Buy On This 3 Bedroom, 2 Bath Home With Two-car Garage And In Ground Pool. Conveniently Located Near Shopping, Dining And Nearby Beaches. Home Is Being Sold In Its As Is Condition. Cash Offers Only! Build Your Own Equity.

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7230 Ashland Gln, Lakewood Ranch $849,900

  • 4 Beds
  • 4.0 Baths
  • 4,149 SqFt
  • 0.48 Acres

This Is The Home You Have Been Waiting For! Great Value In Lakewood Ranch Country Club, Spacious Pool Home On An Oversized Lot With Views Of The Golf Course And A Pond! A John Cannon Built Home, With 2 Stories, An Upgraded Kitchen With Kitchenaid Appliances...

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3883 Melgert Cir, Sarasota $138,500

  • 2 Beds
  • 2.0 Baths
  • 1,165 SqFt
  • 0.29 Acres

Large Two Bedroom Two Bath Home For Sale. This Home Sits On A Small Culd-de-sack Street And Features A Two Car Garage. The Yard Features Large Established Trees, A Small Storage Building, And Privacy Fence. Inside It Is Hard To Not Notice The Large Bay Win...

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6301 Thorndon Cir, University Park $645,000

  • 3 Beds
  • 3.0 Baths
  • 2,831 SqFt
  • 0.25 Acres

Short Sale. Here Is A Great Opportunity For A Buyer Who Wants A Tastefully Updated & Move In Ready Home At A Great Price And Great Location In Award Winning University Park. This Custom Courtyard Home With 3 Car Garage Offers The Ultimate In Florida Living ...

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1258 Landsdowne Ave, North Port $160,160

  • 3 Beds
  • 2.0 Baths
  • 2,199 SqFt
  • 0.24 Acres

Employees Of Bank Of America Or Its Affiliates Or Subsidiaries Are Strictly Prohibited From Directly Or Indirectly Purchasing Any Property Owned By Bank Of America. Bank Owned Property Sold As Is. Good Sized 3 Bedroom 2 Bath Home. There Are 2 Extra Rooms...

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3705 Enid Ln, North Port $244,900

  • 3 Beds
  • 2.0 Baths
  • 2,150 SqFt
  • 0.23 Acres

This Three Bedroom, 2 Bath Pool Home With A Den Is A Must See! Split Bedroom Floor Plan Offers A Master Suite With A Soaking Tub, Stall Shower, And Dual Vanities With Access Out To The Pool. Kitchen With Wood Cabinets Has Breakfast Bar Overlooking The Fami...

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4535 Ottawa Trl #217, Sarasota $119,900

  • 2 Beds
  • 2.0 Baths
  • 1,178 SqFt

Short Sale. Light And Bright End-unit Villa Located In Desirable Lake Tippecanoe. This 2/2 Villa Features An Open Floor Plan With A South Exposure To Bring In The Perfect Amount Of Light Throughout The Day. The Enclosed Lanai Is Perfect For Extending Your...

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3118 43rd St W, Bradenton $309,900

  • 3 Beds
  • 2.0 Baths
  • 2,136 SqFt
  • 1.04 Acres

Wow!! Contemporary Home In West Bradenton On A Lake/pond Right Next To Bcc. Super Private Setting. Sit Out By Your Screen Enclosed Pool And Let Your Day Melt Away...or Better Yet On The Dock. Inside You Have A 3 Bedroom Split Plan With A Convertible Den/...

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6350 36th Ct E, Ellenton $254,900

  • 4 Beds
  • 3.0 Baths
  • 2,080 SqFt
  • 0.14 Acres

Live In Luxury At A Lower Price. Beautiful 4 Bedroom 2 1/2 Bath 2080 Sf Of Living Space. This Home Will Welcome You The Moment You Walk Through The Door. With An Abundant Amount Of Natural Light, This Open Floor Plan Gives Everyone Plenty Of Room. Owner's S...

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6795 283rd St E, Myakka City $220,000

  • 3 Beds
  • 2.0 Baths
  • 1,428 SqFt
  • 5.80 Acres

Ever Thought Of Owning Your Own Piece Of The Country? Here's Your Chance, With This 5 Acre Property With A 3 Bedroom, 2 Bathroom, 2 Car Garage Home And A 5 Stall Horse Barn With Plenty Of Pastures For This Low Price. Enjoy This Cozy Home With Real Wood Floo...

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619 Christina Ct #69, Venice $155,000

  • 2 Beds
  • 2.0 Baths
  • 1,246 SqFt

Here Is A Rare Opportunity To Own A Free-standing Villa In The Desirable Community Of Villa Le Grand! No Exterior Maintenance Required. So Come And Enjoy This 2 Bedroom, 2 Bath, 2 Car Garage Home That Is Just Minutes To Venice Island And The Beautiful Beach...

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2224 Cork Oak St W, Sarasota $291,500

  • 4 Beds
  • 3.0 Baths
  • 2,498 SqFt
  • 0.18 Acres

Colonial Oaks! Room To Roam In This 4 Bedroom 3 Bath Home. Entertain On You Back Screened Lanai Area With An Inground Pool Overlooking A Park Like Wooded Creek Area. Features Of The Home To Enjoy Are Vaulted Ceilings, Fireplace, Spacious Master Suite With E...

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3532 Austin St, Sarasota $147,900

  • 3 Beds
  • 2.0 Baths
  • 1,738 SqFt
  • 0.20 Acres

Now Available Large Open Concept Three Bedroom Two Bath Home. Located Within Short Distance Of The Red Bug Slough, Offering A Place To Relax, Walk, Fish, Play On Playground, Or Just Enjoy The Local Wildlife. Inside Offers Large Open Space Between The Kitche...

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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 30th, 2016 at 5:36pm EDT.