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 10/22/2024 1:45 PMProperty Averages
Branson Real Estate Foreclosures For Sale
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544 Mark Twain Drive
Branson West, MO 65737
Mark Twain Hills
Residential
MLS# 60264003 / Pending
Just reduced by $20,000! Beautiful home that has been totally remodeled and updated. We are proud to offer this absolutley wonderful executive styl...
Reduced -$20,000
48 Galatians Lane
Reeds Spring, MO 65737
N/a
Residential
MLS# 60270949 / Active
Short Sale Opportunity with Stunning Lake Views in Stone County!Welcome to your perfect lake view home that is priced well below the appraised valu...
Reduced -$10,000
18 Bradford Place UNIT #534
Branson, MO 65616
Sunset Cove Condos
Residential
MLS# 60279740 / Active
Check out this clean cozy 2 BR condo in the gated community of Sunset Cove. Move in Ready! Close to everything Branson offers
Reduced -$5,000
22389 Main Street
Reeds Spring, MO 65737
Bush Addition
Residential
MLS# 60261945 / Pending
Conveniently located in the center of Reeds Spring, this large home features 3 bedrooms on a split design with 2 bathrooms and 2 large living areas...
46 Bluejay Road
Blue Eye, MO 65611
Meadowview
Residential
MLS# 60266489 / Active
Manufactured home, 4 bedrooms, 2 bathrooms, living room, dining room. Lots of square footage for the $$.