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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 03/29/2024 11:13 AM

Listings
11
Build Age
30Y
Sales Price
$199.2K
Beds
3
Baths
3
Listings
11
Build Age
30Y
Sales Price
$199.2K
Beds
3
Baths
3

Branson Real Estate Foreclosures For Sale

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Displaying results 10-11 of 11
11 Photos 145 Deckard Lane Kimberling City, MO 65686

145 Deckard Lane
Kimberling City, MO 65686
Indian Hills
Residential

MLS# 60262236 / Active
5 br, 2 ba, 2052 Sqft
Type: Manufactured On Land

This doublewide has a year round view of Table Rock Lake 

More Details Compare

$74,500
Reduced -$10,000
16 Photos 268 Willie Oaks Road Forsyth, MO 65653

268 Willie Oaks Road
Forsyth, MO 65653
Edgewater Beach
Residential

MLS# 60256589 / Active
3 br, 2 ba, 1152 Sqft
Type: Manufactured On Land

Three bedroom, 2 bath manufactured home on 1 acre. 

More Details Compare

$54,900
Reduced -$5,000

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