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 11/28/2023 8:48 PMProperty Averages
OPEN SUNDAY, NOVEMBER 19,2023: 1:00-3:00 PM: Newer 2 story, 3 bedroom, 2.5 bath home located just minutes away from The Branson Landing. Built in 2...
Quiet garden level 2 bed 2 bath condo. Fresh paint and new stainless steel kitchen appliances give the home a more clean modern feel. Luxury vinyl ...
Three bedroom, one bath home with large kitchen. Tree shaded lot. Good location only a couple of minutes to shopping, dining, and medical facilities.
This property has a year round view of the lake. Come check it outNOTE: THIS PROPERTY IS BEING SOLD WITHOUT INTERIOR ACCESS
HUGE level corner lot with Project Home for complete remodeling. Quonset building included. Property is being sold ''As Is'' buyer may do Home Insp...
Great rental investment property. Lots of SF for the money. Two bedrooms obvious. But with this SF you can add bedrooms easily.This home will need ...
Three bedroom, 2 bath manufactured home on 1 acre.
Corner lot, 3 bedrooms, 2 bathroom. Close to lake. Make this your second home with a little TLC.
Older home close to town waiting for your remodel. As a bonus the property also has a 2 bedrm 1 bath mobile home with a 2 car carport and an out bu...