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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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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4165 Heaton Ter, North Port $149,900

  • 3 Beds
  • 2.0 Baths
  • 1,300 SqFt
  • 0.23 Acres

Beautiful 3 Bed, 2 Bath Home With 2 Car Garage, Located Close To Shopping, Dining And Medical Facilities. It's Also Close To Both Us41 And I75 For The Commuter Or An Easy Day Trip To Disney. Countless Gulf Beaches, Fishing Areas, And Golf Courses On The Flo...

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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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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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2719 40th Ave W, Bradenton $129,900

  • 2 Beds
  • 2.0 Baths
  • 1,309 SqFt
  • 0.24 Acres

This Desirable West Bradenton Pool Home Is Located On A Quiet Non-through Street. Relax In The Huge Screen Enclosed Pool Area With A Very Tropical Setting. The Family Room Has A Wood Burning Fire Place. This Is An Open Floor Plan With The Kitchen Accessing ...

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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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904 Patterson Dr, Sarasota $204,500

  • 3 Beds
  • 2.0 Baths
  • 1,296 SqFt
  • 0.21 Acres

Fabulous 1940s "old" Florida-style Cottage Located West Of The Trail Just North Of Indian Beach Area! Charming Wood Floors In The Living Room And 2 Bedrooms. Kitchen Located In The Back Of The House Leading Out To A Florida Room, Private Backyard With In Gr...

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624 Cedars Ct #13, Longboat Key $275,000

  • 2 Beds
  • 3.0 Baths
  • 1,440 SqFt

Short Sale. Nicely Maintained 2 Bedroom, 2.5 Baths Townhouse With Oversized Garage In Quiet Location Within Cedars East Tennis Resort, A Popular Resort-style Tennis Community Offering 10 Har-tru Courts With Private Lesson And Teams, A Pro Shop, 24 Hour Fitn...

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3148 Nocturne Rd, Venice $111,300

  • 2 Beds
  • 2.0 Baths
  • 1,212 SqFt
  • 0.18 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 Home. Ceramic Tile Throughout. Split Bedrooms. Lanai With Spa. Seller Likes...

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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 28th, 2016 at 9:33am EDT.