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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.

Property Averages

Averages based on current search criteria as of 11/27/2021 9:12 AM

Listings
2
Build Age
35Y
Sales Price
$115.5K
Beds
3
Baths
3
Listings
2
Build Age
35Y
Sales Price
$115.5K
Beds
3
Baths
3

Branson Real Estate Foreclosures For Sale

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23 Photos 906 Little Cedar Hollow Shell Knob, MO 65747

906 Little Cedar Hollow
Shell Knob, MO 65747
N/a
Residential

MLS# 60201159 / Pending
2 br, 2 ba, 1966 Sqft
Type: Single Family Residence

*PLEASE DO NOT SHOW, SUBJECT HAS AN ACCEPTED OFFER IN PLACE, WAITING ON SELLER RETURN OF CONTRACT* This walk out basement home boasts of so much c... 

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$132,000
40 Photos 207 West 23rd Street Galena, KS 66739

207 West 23rd Street
Galena, KS 66739
N/a
Residential

MLS# 60198239 / Active
4 br, 3 ba, 2356 Sqft
Type: Modular

Beautiful country Setting on the Southwest side of Galena, KS. 4 Bedrooms, 3 baths with carport and storage. Nice covered front porch. Open floor p... 

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$99,000

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