What's A Foreclosure?
A foreclosed property is owned by the lender as a result of the previous owner defaulting on the loan. Like everywhere else across the United States, Southwest Missouri saw an increased amount of foreclosures come on the market after the 2008 recession. However since the turning point of 2015, the local market has since stabilized with few forecloses listed.
If you’re looking to purchase property, you may want to consider a foreclosure as they are generally priced below market value. Foreclosures can offer buyers the ability to move into higher-priced neighborhoods they might otherwise not be able to afford. By purchasing an inexpensive foreclosure, buyers can build wealth as the property steadily increases in value. However there are many factors to consider when buying a foreclosed home compared to a traditional home purchase.
Foreclosure properties are a popular housing option, but there are also more issues to watch for with this type of purchase. My name is Charlie Gerken and I'm a real estate agent who has years of experience selling foreclosure properties. I can guide you through the additional paperwork that comes with purchasing a foreclosure. I'll also help you determine if the price is a good value or if you'd be better off purchasing something else.
To learn more about foreclosures, please contact me today to find a property that best fits your needs.
Averages based on current search criteria as of 10/01/2022 12:40 AMProperty Averages
Branson Real Estate Foreclosures For Sale
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200 Allison Bend
Lampe, MO 65681
Nauvoo Corners
Residential
MLS# 60222587 / Active
This home is back on the market again. But again, no fault of the seller. You gotta check this on out!!! This is a rare find. A mobile home with ...
430 Woodmist Road
Galena, MO 65656
Eagle Woods
Residential
MLS# 60228973 / Active
Three bedroom, 2 bath home with 1462 S.F. situated on 4.8 acres. SOld as is. All offers must have a pre qual letter or proof of funds if cash. All ...
747 Crawley Way
Forsyth, MO 65653
N/a
Residential
MLS# 60221595 / Active
This 3 bedroom, one bathroom home is set on almost a half acre lot surrounded by mature trees, offering tons of privacy! Featuring lots of room for...
Reduced -$3,250
2607 Cave Springs
Galena, MO 65656
N/a
Residential
MLS# 60228132 / Active
Looking for a quiet place in the country?Manufactured home on 1 acre m/l with nice large Shop with electricity and concrete flooring. Home offers 3...