We can provide you with a list of Foreclosure / Bank Owned (REO) Properties for any Middle Tennessee city, county, zip code, or even neighborhood...JUST ASK!
Search Foreclosures /Bank Owned (REO) Properties in the Following Areas...
Foreclosures / Bank Owned (REO) Properties
A Foreclosure is defined as a legal process by which a defaulted borrower/homeowner is deprived of his or her interst in a property, usually for non-payment of the mortgage. When refinancing, a loan modification, or a short sales does not work, a distressed home owner is left with one option: Foreclosure.
The financial profile of borrowers who experience Foreclosure is changing. While Foreclosure rates are historically higher for sub-prime mortgages than for traditional mortgage products, rates of mortgage default are increasing among the most credit worthy individuals.When a bank take possession of a property, it is referred to as an REO or Real Estate Owned property. You may have seen that term.
Considering purchasing a REO (Bank Owned)/Foreclosure property?...Keep the following considerations in mind:
1) The opportunity for the potential buyer to conduct property inspections can be negligible or extremely limited. Potential buyers usually have limited or no access to properties offered at a Foreclosure sale becasue they are often still occupied by the owners or tenants.2) After completion of the sale and court approvals, if required, it may be necessary for the Buyer to initiate legal action to evict tenants.
3) Buyer is responsible for paying any ouutstanding liens. Some preliminary investigating can reveal if any additional liens exist.
4) In some cases, the Buyer may not receive clear title.
5) A "Redemption Period" may exist. A redemption period allows the originally foreclosed borrower to recover the property after the foreclosure sale. If the borrower makes good on past due payments within a specified period of time defined by the Redemption Period, he/she can recover the property. The Redemption Period may have been signed away by the original borrower in the Deed of Trust at the time he/she purchased the property. Consult a reputable real estate attorney for advice.
There are many items to consider when purchasing REO/Foreclosure properties. Fill out the "CONTACT US" form for additional information.
Residential Foreclosure Properties in Nashville
| All Listings | Under $100,000 | $100,000 - $200,000 |
| $200,000 - $300,000 | $300,000 - $400,000 | $400,000 - $500,000 |
| $500,000 - $600,000 | $600,000 - $700,000 | $900,000 - $1,000,000 |
Experience Luxurious Living In This Timeless Classic...
- Price:
- $925,000
- City:
- Nashville
- Beds:
- 5
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- 1332973
- Provider:
-
Experience Luxurious Living In This Timeless Classic Home With Cottage Details! Beamed & Coffered Ceilings,...
Charming Family Home In Popular Whitland Neighborhood...
- Price:
- $649,900
- City:
- Nashville
- Beds:
- 5
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 1330461
- Provider:
-
Charming Family Home In Popular Whitland Neighborhood I 4-5 Bedrooms I Den W/ Cherry Bookcases & Lg Wood...
Presenting The Historic Governors Mansion... This Historical...
- Price:
- $625,000
- City:
- Nashville
- Beds:
- 5
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 1329039
- Provider:
-
Presenting The Historic Governors Mansion... This Historical Masterpiece Contains Org. 1840's Chestnut...
No More Showings Currently-working Offer- Italiian...
- Price:
- $600,000
- City:
- Nashville
- Beds:
- 6
- Baths:
- 5½
- Type:
- Residential
- MLS® #:
- 1293225
- Provider:
-
No More Showings Currently-working Offer- Italiian Renaissance-style Architecture Features Gourmet Kitchen,...
Price Slashed!!! Short Sale. Must Have Third Party...
- Price:
- $409,000
- City:
- Nashville
- Beds:
- 4
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 1327915
- Provider:
-
Price Slashed!!! Short Sale. Must Have Third Party Approval! Incredible Value In Most Coveted Of All...
West Mead Home With Open Floor Plan, Sun Room, Private...
- Price:
- $399,000
- City:
- Nashville
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 1322434
- Provider:
-
West Mead Home With Open Floor Plan, Sun Room, Private Yard, Cul-de-sac. Great Condtion. New Roof 2009,new...
Looking For A Bargain? Elegant Custom Home Impossible...
- Price:
- $365,000
- City:
- Nashville
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 1329978
- Provider:
-
Looking For A Bargain? Elegant Custom Home Impossible To Build For This Low Price! Appraised Cost $509,000...
Hillwood W Possibilites To Expand/renovate, Good Condition,...
- Price:
- $359,900
- City:
- Nashville
- Beds:
- 3
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 1309069
- Provider:
-
Hillwood W Possibilites To Expand/renovate, Good Condition, New Roof & Hvac 2010, Hwd Flrs, Spacious...
This Is A Short Sale. Bank Has Authorized Sale At...
- Price:
- $350,200
- City:
- Nashville
- Beds:
- 3
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 1327968
- Provider:
-
This Is A Short Sale. Bank Has Authorized Sale At List Price. Kitchen And Master Bath Updates. Home...
Motivated Seller!! Bring Us An Offer! Sold "as-is"....
- Price:
- $350,000
- City:
- Nashville
- Beds:
- 4
- Baths:
- 3½
- Type:
- Residential
- MLS® #:
- 1313130
- Provider:
-
Motivated Seller!! Bring Us An Offer! Sold "as-is". This Beautiful Home Has Spacious Kitchen Overlooking...
This Is An Amazing Home. Just Needs Alittle Tlc. Soaring...
- Price:
- $349,900
- City:
- Nashville
- Beds:
- 3
- Baths:
- 2½
- Type:
- Residential
- MLS® #:
- 1311754
- Provider:
-
This Is An Amazing Home. Just Needs Alittle Tlc. Soaring Ceilings - Hardwood Floors - Two Fireplaces...
One-level Living In The Forrest Hills Section Of Nashville...
- Price:
- $349,900
- City:
- Nashville
- Beds:
- 4
- Baths:
- 3
- Type:
- Residential
- MLS® #:
- 1311062
- Provider:
-
One-level Living In The Forrest Hills Section Of Nashville !* Great Rental Opportunity On This 4 Bedroom...
