Sarasota Foreclosures
Take a look below to view foreclosures in Sarasota, Bradenton, Siesta Key, Longboat Key, Casey Key, Bird Key, Lido Key, Lakewood Ranch, Osprey and Nokomis. This page is updated daily with new opportunities. To get up to the minute foreclosure or short sale listings sent to you via email, just click this link: Distressed Home Finder.
| Longboat Key Foreclosures | Siesta Key Foreclosures |
| Casey Key Foreclosures | Lido Key Foreclosures |
| Bird Key Foreclosures | Downtown Sarasota Foreclosures |
| Lakewood Ranch Foreclosures |
Sarasota Foreclosures & Short Sales Within The Last 7 Days
| New Sarasota & Manatee County Foreclosures | New Longboat Key Foreclosures |
| New Siesta Key Foreclosures | New Lido Key/Bird Key/Downtown Foreclosures |
| New Lakewood Ranch Foreclosures |
Sarasota Foreclosures For Sale - Updated Daily!
Bank Owned Property- \"gioiello Sull Baia\" Was Built...
- Price:
- $5,990,000
- City:
- Sarasota
- Beds:
- 5
- Baths:
- 6
- Type:
- Residential
- MLS® #:
- A3975045
- Provider:
- Keller Williams On The Water
Bank Owned Property- \"gioiello Sull Baia\" Was Built Like A Modern Day Castle, Yet Offering Refined...
Short Sale. Beautiful Waterfront Custom Crafted Home...
- Price:
- $1,990,000
- City:
- Sarasota
- Beds:
- 4
- Baths:
- 6
- Type:
- Residential
- MLS® #:
- A3970014
- Provider:
- Michael Saunders & Company
Short Sale. Beautiful Waterfront Custom Crafted Home In Desirable Coral Cove. The Owners Worked Closely...
This Beautiful Waterfront Showplace Is Appointed With...
- Price:
- $1,949,000
- City:
- Sarasota
- Beds:
- 5
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- M5836738
- Provider:
- Coldwell Banker Residential Re
This Beautiful Waterfront Showplace Is Appointed With Luxurious Details Throughout, Including Mahogany...
Short Sale Following Major Price Reduction By Seller....
- Price:
- $1,900,000
- City:
- Bradenton
- Beds:
- 4
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- A3973504
- Provider:
- Michael Saunders & Company
Short Sale Following Major Price Reduction By Seller. Welcome To An Elegant Yet Casual West Indies &...
Short Sale What An Opportunity To Live In A Premier...
- Price:
- $1,900,000
- City:
- Sarasota
- Beds:
- 4
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- A3972136
- Provider:
- Coldwell Banker Res R E
Short Sale What An Opportunity To Live In A Premier Neighborhood, On A Premier Waterfront Lot, In A...
Short Sale - Back On The Market!! North Siesta Key!...
- Price:
- $1,799,000
- City:
- Sarasota
- Beds:
- 4
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- A3966875
- Provider:
- Coldwell Banker Res R E
Short Sale - Back On The Market!! North Siesta Key! Your Island Lifestyle Awaits You Beyond The Front...
Short Sale. Previously Approved Short Sale Price By...
- Price:
- $1,700,000
- City:
- Osprey
- Beds:
- 6
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- A3972852
- Provider:
- Michael Saunders & Company
Short Sale. Previously Approved Short Sale Price By Banks. Lion\'s Head Mansion Stands Guard On The 12th...
Short Sale - Back On The Market! You Have Arrived Hawk...
- Price:
- $1,599,000
- City:
- Bradenton
- Beds:
- 4
- Baths:
- 7
- Type:
- Residential
- MLS® #:
- M5835009
- Provider:
- Wagner Realty
Short Sale - Back On The Market! You Have Arrived Hawk Island, A Small Gated Enclave Of Estate Homes...
Short Sale. Active With Contract. Looking To Build...
- Price:
- $1,500,000
- City:
- Lakewood Ranch
- Beds:
- 5
- Baths:
- 7
- Type:
- Residential
- MLS® #:
- A3953160
- Provider:
- A & D Edwards American Dream
Short Sale. Active With Contract. Looking To Build Your Luxury Dream Home? Rare Opportunity To Complete...
Newer Construction Luxury Residence With Stunning Panoramic...
- Price:
- $1,495,000
- City:
- Bradenton
- Beds:
- 5
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- U7570829
- Provider:
- Smith & Associates Real Estate
Newer Construction Luxury Residence With Stunning Panoramic Water Views Of Sarasota Bay. Over 5000...
Short Sale- Investors Dream! Two Additional Lots Included...
- Price:
- $1,400,000
- City:
- Sarasota
- Beds:
- 3
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- M5836665
- Provider:
- Coldwell Banker Residential Re
Short Sale- Investors Dream! Two Additional Lots Included With This Price! One Of The Lots Is Directly...
Short Sale... A Boaters Dream! Fantastic Deep Water...
- Price:
- $1,170,000
- City:
- Sarasota
- Beds:
- 4
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- M5834806
- Provider:
- Sarabay Real Estate Inc
Short Sale... A Boaters Dream! Fantastic Deep Water On The Widest Part Of The Grand Canal. Watch Boating...
\"short Sale\", Ready For Contract...ready To Submit...
- Price:
- $999,900
- City:
- Bradenton
- Beds:
- 4
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- M5837144
- Provider:
- Wagner Realty
\"short Sale\", Ready For Contract...ready To Submit For Approval. This Magnificent Wci Built Home Is...
Active With Contract. Short Sale - Grand, Stately...
- Price:
- $990,000
- City:
- Osprey
- Beds:
- 4
- Baths:
- 5
- Type:
- Residential
- MLS® #:
- A3975973
- Provider:
- Michael Saunders & Company
Active With Contract. Short Sale - Grand, Stately Home With Numerous Fine Architectural Details Throughout....
Short Sale. Amazing Mediterranean Corner Home Located...
- Price:
- $907,000
- City:
- Sarasota
- Beds:
- 4
- Baths:
- 4
- Type:
- Residential
- MLS® #:
- A3969555
- Provider:
- Coldwell Banker Res R E
Short Sale. Amazing Mediterranean Corner Home Located West Of The Trail Near Southside Elementary School....
Good Foreclosure and Short Sale Blog Posts
- How Long do Short Sales Take?
- 50% Off?
- Waterfront Foreclosures/Short Sales
- Just Sold - from $1,275,000 to $650,000
- Just Sold - Tuscana Foreclosure
Sarasota Foreclosures & Short Sale
The properties above are either short sales or foreclosures. It is much easier to purchase a foreclosure than a short sale. Typically, you can get a response back from the bank rather quickly whereas a short sale could take months.
A short sale occurs when the proceeds of a real estate sale are insufficient to cover the mortgage or balance owned on the property. In a short sale, the bank agrees to take less than what is owed to them due to an economic or financial hardship on the part of the borrower.
In a short sale the bank does not have title to the property. The homeowner still has title and must approve a purchase agreement. The seller then takes the agreed upon real estaet contract and submits it the bank for approvale. This negotiation can take a long time to accomplish. In many cases it takes months to process a short sale. Be prepared to spend a lot of time and energy in a short sale. If you need to move into a home quickly you should ignore short sales.
The foreclosure process is typically a bank or other secured creditor selling or repossessing a property after the owner has failed to comply with an agreement between the lender and borrower called a mortgage. In short, they stopped paying on the promissory note and the bank takes back the property. When the foreclosure proceeding is complete, the lender can dispose of the property and keep the proceeds to pay off the mortgage and any legal costs.
Buying a foreclosure, also known as REO or bank owned property, is easier than a short sale. Typically, you can get a response to an offer rather quickly. If you have a time line for purchasing it is best to look at bank owned properties instead of short sales.
All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.
Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.
Listing data comes from My Florida Regional MLS.
Listing information last updated on May 21st, 2013 at 3:15am.
