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 Over $1,000,000
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7324 Saint Georges Way, University Park $500,000

  • 3 Beds
  • 3.0 Baths
  • 2,531 SqFt
  • 0.22 Acres

Very Desirable University Park Gated Community. Unique Home With A Swimming Pool, Privately Situated Not Facing Golf Course With Guest House And Main House Access And Views. Country Club Living On Golf Course. There Are Three Bedrooms, Three Full Baths, Spa...

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3983 Maceachen Blvd #430, Sarasota $100,000

  • 2 Beds
  • 2.0 Baths
  • 1,361 SqFt

Wonderful Two Bedroom Two Bath End Unit Plus Large Bonus Room In Tregate East. This Complex Features A Community Pool. Inside Utility, Great Room Design With A Living And Dining Room Combination. Screened Balcony, 1 Car Carport, Elevator In Building. Fa...

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7630 37th Street Cir E, Sarasota $210,000

  • 3 Beds
  • 2.0 Baths
  • 1,321 SqFt
  • 0.17 Acres

Cute Three Bedroom Two Bath Home In Crescent Lakes Subdivision. 2 Car Garage, Central A/c System, Living And Dining Room Combination, Dual Sinks In Master Bath, Solid Surface Counters In Kitchen, Large Lanai For Entertaining. Fannie Mae Property.

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5382 Weatherton St, North Port $167,900

  • 3 Beds
  • 2.0 Baths
  • 1,935 SqFt
  • 0.29 Acres

***hot-hot-hot*** There's Potential In This Home! Bring Your Designing Skills And Transform This Place Into The Beauty That It Once Was. This Home Sits On An Oversized Corner Lot With A Fenced In Yard Featuring 3 Bedrooms, 2 Bathrooms And Over 1900 Sqft Of ...

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7818 Drayton Cir, University Park $400,400

  • 4 Beds
  • 3.0 Baths
  • 2,584 SqFt
  • 0.28 Acres

Wow! A True Four Bedroom, Three Bath Pool Home Located In The Very Desirable University Place. Features Of Hte Home Include Granite Countertops, Sold Wood Cabinets And Fully Applianced Kitchen That Overlooks Family. Separate Living Room And Dining Room. Ma...

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1746 Stapleton St, Sarasota $699,900

  • 4 Beds
  • 3.0 Baths
  • 2,895 SqFt
  • 0.10 Acres

Want To Live West Of The Trail? Want The Security Of A Gated Community? Want To Have A Pool Without The Headache Of Maintaining It? Want A Newer Home That Doesn't Require Updating? Want To Enjoy Your Weekend Rather Than Spend It Doing Yard Work? So Many Qu...

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500 Roberts Bay Dr, Nokomis $179,900

  • 2 Beds
  • 2.0 Baths
  • 1,470 SqFt
  • 0.27 Acres

Short Sale. Water Access To Roberts Bay. Potential With A Capital P, And A Rare Opportunity For Gulf Access At This Price.fixer Upper With Great Location . Remodel Begun But Not Finished. This Is The Right House, For The Investor Or Savvy Buyer Who Wants ...

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4788 Sweetmeadow Cir, Sarasota $699,000

  • 5 Beds
  • 5.0 Baths
  • 5,591 SqFt
  • 0.38 Acres

Short Sale - Magnificent And Modern, This Striking Home Rests On A Prime Corner Lot In Turtle Rock, One Of The Finest Communities In Palmer Ranch. The More Than 5,000 Sq. Ft. Of Living Space Is Custom Designed To Reflect Dramatic Contemporary Style, And Fea...

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5618 Ashton Lake Dr #5618, Sarasota $150,000

  • 2 Beds
  • 2.0 Baths
  • 1,233 SqFt

Ground Floor Two Bedroom Two Bath Unit In Ashton Lakes, A Community On 33 Acres Of Lush Florida Landscaping Including 4 Lakes, 2 Swimming Pools, Shuffle Board, A Clubhouse, Tennis Courts And Other Amenities. Elevator Access. This Unit Has A Lake View And ...

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2419 10th St, Sarasota $170,000

  • 3 Beds
  • 2.0 Baths
  • 1,292 SqFt
  • 0.17 Acres

Bank Owned. Beautiful 3 Bedroom 2 Bathroom Home. Large Master Suite With Large Walk-in Closet. Kitchen With Breakfast Bar, And Newer Appliances. All This In A Very Convenient Area Close To Shopping, Dinning, And The New Utc Mall, Also Close To I-75 For Easy...

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6435 Berkshire Pl, University Park $549,900

  • 3 Beds
  • 3.0 Baths
  • 2,069 SqFt
  • 0.17 Acres

Enjoy Elegant Country Club Living In This Exquisitely Detailed, Custom Home Offering Unparalleled Quality, Finishes And Design Throughout. This Stunning Residence Boasts Hardwood & Tile Flooring, Crown Molding, Multiple Built In's, An Enclosed Lanai With We...

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2466 Alhaven Ter, North Port $184,900

  • 3 Beds
  • 2.0 Baths
  • 1,775 SqFt
  • 0.23 Acres

Great Location, Close To All That Is New In North Port And Just Minutes From I-75. Spacious 3 Bedroom Plus A Den/office Split Floorplan With Vaulted Ceilings. Brand New Ac, Brand New Septic Tank. The Master Bedroom Has A Large Bathroom With Dual Sinks & Ple...

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3111 78th Ave E, Sarasota $249,900

  • 2 Beds
  • 2.0 Baths
  • 1,668 SqFt

Pristine 2 Bedroom With Den Courtyard Style Residence Located In The Prestigious, Gated Palm Lakes Community. This Unique Split Floor Plan Boasts New Interior Paint & Carpeting, Vaulted Ceilings, Spacious Family Room With Dining Area And Large Open Kitchen ...

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2150 59th St, Sarasota $239,900

  • 3 Beds
  • 2.0 Baths
  • 2,480 SqFt
  • 2.14 Acres

Large Three Bedroom Two Bath House In Desoto Acres. Over 2 Acres Of Wooded Area With A Horse Stable And Zoned Residential Estate. Inside Utility, Separate Office, Family Room, Living Room, Eat In Kitchen, And Separate Dining Room. Screened Lanai With In ...

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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 May 27th, 2017 at 10:18pm EDT.