Central Florida Bank Foreclosures

Bank foreclosures, Bank Owned Property, and REOs, all mean the same thing: the owner of the home defaulted on their mortgage loan by failing to make the required payments and the bank engaged in a foreclosure suit to enforce the terms of the mortgage loan and ultimately was awarded title to the property by a court. Now the bank owns the home and is the counter party to a purchase and sale contract.

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Start finding bank Central FL foreclosures with our advanced MLS search, or start viewing Central Florida bank REO's and forclosures now.

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Bank owned properties can be a tremendous opportunity for a buyer to purchase a property at a great value. Unlike traditional sellers, a bank has no emotional attachment to the property and is simply trying to mitigate the losses it has incurred after default of the original mortgage loan and costs to foreclose. Many banks have huge inventories of foreclosed properties that they need to clear and this can mean low prices for buyers.

Sometimes the prices are offered at such a discount that it generates a lot of competition among buyers for certain desirable properties. Often buyers, after hearing in the news that it is a buyer's market, are surprised when their real estate agent suggests they will likely need to make a full price offer, or some times more, to purchase the property. This is because the price of the property is so steeply discounted at its list price it generates a tremendous amount of interest by potential buyers, and as a result, many times multiple offers are presented to the bank.

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Central Florida Foreclosure Listings

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 $700,000 - $800,000
11461 Claymont Circle, WINDERMERE
  • Residential
  • 3 Beds
  • 3 Baths
  • 2,117 SqFt

11461 Claymont Circle, WINDERMERE

$749,900 ↓ $20,000
New
836 Blairmont Lane, LAKE MARY
  • Residential
  • 5 Beds
  • 3 Baths
  • 3,610 SqFt

836 Blairmont Lane, LAKE MARY

$699,900
1708 Water Rock Drive, APOPKA
  • Residential
  • 7 Beds
  • 4 Baths
  • 4,924 SqFt

1708 Water Rock Drive, APOPKA

$685,000 ↓ $10,000
2312 Lielasus Drive, ORLANDO
  • Residential
  • 5 Beds
  • 3 Baths
  • 2,865 SqFt

2312 Lielasus Drive, ORLANDO

$629,900 ↓ $28,000
2055 South Atlantic Avenue 804, DAYTONA BEACH SHORES
  • Residential
  • 3 Beds
  • 3 Baths
  • 1,884 SqFt

2055 South Atlantic Avenue 804, DAYTONA BEACH SHORES

$621,500 ↓ $53,400
1340 Sioux Trail, ENTERPRISE
  • Residential
  • 4 Beds
  • 5 Baths
  • 5,742 SqFt

1340 Sioux Trail, ENTERPRISE

$611,500 ↓ $38,400
19 Lakeshore Drive, YALAHA
  • Residential
  • 4 Beds
  • 4 Baths
  • 3,290 SqFt

19 Lakeshore Drive, YALAHA

$565,000
545 First Cape Coral Drive, WINTER GARDEN
  • Residential
  • 4 Beds
  • 3 Baths
  • 2,788 SqFt

545 First Cape Coral Drive, WINTER GARDEN

$559,900

Central FL Area Bank Forclosure Experts

In order to find and successfully purchase a bank foreclosed property you should have a Realtor ® who is experienced and knowledgeable in this type of transaction. At Realty Executives we have Executives who are Certified Distressed Property Experts (CDPE) who have specialized training and experience in handling Bank Foreclosure transactions.

Need more info about Central Florida Foreclosures?

RealtyExecutivesFL.com specializes in the Central Florida real estate market. Contact us online or call us at 1.888.HOME.427 for a free consultation with one of our agents.

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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 DBA Stellar MLS.

Listing information last updated on December 3rd, 2022 at 4:33am EST.

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