Jacksonville Foreclosures

Foreclosures for sale in Jacksonville is one of the highest searched types of homes on our site.  Bank Owned Homes or often called REO homes, which stands for Real Estate Owned, are a hot product in this current appreciating market.  Bank Homes or Foreclosures in Jacksonville are typically sold for less than market value and depending on condition, you could really get a great deal!  

Buying a Foreclosure in Jacksonville FL

Much much easier than buying a short sale!  BUT - you have mega competition!  You need to make your offer stand out from all your competitors.  Are their really that many competitors?  YES!  I've seen 10+ contracts be submitted on the good foreclosures.  Contact us if you'd like info on making your offer stand out in the highly competitive market of Foreclosures in Jacksonville FL.  

How Much Are Jacksonville Foreclosures Discounted?

This question comes up all the time.  Most people want to know, "how much less can I buy a Foreclosure for in Jacksonville?", and honestly who doesn't want to buy a home for less.  The real answer is:  It depends.  It largely depends on the condition of the home.  The banks sure aren't giving anything away, but they will take less than market value.  You may find better deals with "seller owned" properties, as they are often times in better overall condition.  However, if you have the fixer upper bug.... foreclosures can represent a great buy!

Jacksonville Foreclosures and Short Sales For Sale

All Listings $100,000 - $200,000 $200,000 - $300,000
$300,000 - $400,000 $400,000 - $500,000
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Short Sales For Sale in Jacksonville

Short Sales are also a potential for a great deal.  The big benefit in buying a short sale over a Bank Owned / REO / Foreclosure is that typically the home owners are still caring for the house.  You don't get that in a foreclosure - they are usually long ago abandoned and would need a little more work to bring it back vs a short sale.  Can you get as good of a deal on a short sale as what you can on a Foreclosure?  No.  BUT - much less competition from other buyers.

Foreclosures and Short Sales For Sale in Jacksonville FL

This is a full list of those homes but just because they are listed here doesn't mean they don't already have multiple offers on them. Check with us to make sure, but these tend to attract multiple buyers within just days of going on the market.  Updated daily with the latest list of both foreclosures and short sales in Jacksonville Florida. 

Ponte Vedra Foreclosures

Ponte Vedra does have foreclosures and short sales available, but these typically go quick.   Make sure to check out the Ponte Vedra Foreclosures and Short sales.

St Johns County Foreclosures

St Johns County Foreclosures are some of the best deals around right now, but you may find some homes that are getting multiple offers.  Make sure your offer stands out! - ask us how anytime.

Atlantic Beach Foreclosures

Atlantic Beach Foreclosures are few and far between.  The main reason:  location and number of homes in the area.  Check back often to see if you find the diamond in the rough.  

Jacksonville Beach Foreclosures

Jax beach is going through a pretty significant renovation at the moment and so are many of the homes.  This may be the perfect time to pick up a Jacksonville Beach Foreclosure and renovate to either your own near-beach palace or a great investment property.  

San Marco Foreclosures

Great investment properties pop up in even the best areas from time to time.  There are a few here if you keep your eyes open for the right San Marco foreclosure or short sale.  

Mandarin Foreclosures

Mandarin Foreclosures and Short sales are priced from low to high depending on location.  Many of these homes in Mandarin just need some TLC and some need complete renovation.  

Orange Park Foreclosures

You'll find a wide price range when looking at Foreclosures in Orange Park FL.  Plenty of opportunity to pick up a good deal on many of these currently listed homes for sale.  

Buying a Jacksonville Short Sale

Not the fastest process which is a direct contradiction from the name "short sale".  You'll need time to wait.  How long?  Depends.... depends on how many banks the Seller has involved in the short sale, depends on who is negotiating the short sale, and depends on the current owners financial status.  If you want good solid info visit Short Sale Process in Jacksonville FL.

How to Buy a Foreclosure in Jacksonville FL

If you are considering buying a foreclosure in Jacksonville, you have 3 distinctly different paths you could opt for.  Choosing which path will largely be dictated by the type of foreclosure you are looking to buy and what you'd like to use it for... investment vs. owner occupant.  Here is a list of 3 ways to buy a foreclosure home in Jacksonville:

  1. Buy it early in the process:  The good ones will often times get scooped up here.  You can buy a foreclosure early by shopping for a short sale.  These are listings that have hit the market and are trying to sell for less than what is currently owed.  Many if not most of these home owners have already stopped making payments and are usually already in some stage of Foreclosure.  Foreclosures average some 800++ days in the state of Florida, so they could be in this stage of "pre-foreclosure" for quite some time!
  2. Buy it at Foreclosure Auction:  The county / city is doing Foreclosure auctions on a very regular basis.  This process was recently modernized by making it an online bidding process.  The only catch:  You'll need cash to purchase.  If you don't have the cash, see option 1 or 3.  These are often the best "deals" that happen when buying a Jacksonville foreclosure.
  3. Buy a Foreclosure Listed by a Local Realtor:  IF the bank doesn't sell the home at the foreclosure auction, they'll go through the process (we like to believe this) and clear any title problems.  They'll soon list the property with their local bank Realtor.  These are Realtors who usually specialize in handling bank only properties and WILL NOT REPRESENT BUYERS in the transaction.  You will ABSOLUTELY need your own agent, as buying a Foreclosure is riddled with hurdles, potholes, and land mines!

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of the Northeast Florida Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than RE/MAX Specialists are marked with the listing broker's name and detailed information about such listings includes the name of the listing brokers. Information deemed reliable but not guaranteed.

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Listing information last updated on May 23rd, 2018 at 8:46am EDT.