Foreclosures, Short Sales & REO's

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A foreclosure occurs when a homeowner neglects to pay their monthly mortgage, forcing the lender to reclaim the balance of the loan. A short sale results when the lender agrees to accept short of the amount owed on a mortgage. Usually, a short sale is a better alternative for a lien holder than a foreclosure.

If a property does not sell by the process of a short sale or foreclosure, then an REO (Real Estate Owned) occurs, and the bank or government agency will reclaim the property. Distressed properties usually enable a home buyer the ability to purchase real estate for below market value.

Total Listings: 2
Average Price: $306,700
Highest Price: $398,900
Lowest Price: $214,500
Average Size: 1,158 ft²
Average Price Per Square Foot: $266 per ft²
Foreclosures

Foreclosures for Sale in Palm Beach County

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Image 0: RX-10769618

4855 Arthur St, Palm Beach Gardens, FL - $214,500

Residential, Townhouse / Villa / Row
  • 2 Beds
  • 2 Baths
  • 1,176 SQFT
  • 3 DOM
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Perfect Opportunity To Own An Affordable 2/2 In The Heart Of Palm Beach Gardens. This Unit Is 1/2 Of A Duplex. Great Investment Property And There Is A Also A Den That Can Easily Be Converted Into Another Bedroom.

Gulfstream Properties
Image 1: RX-10765023

230 Timberwalk Trl, Jupiter, FL - $398,900

Residential, Townhouse / Villa / Row
  • 2 Beds
  • 3 Baths
  • 1,140 SQFT
  • 31 DOM
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Gated Community With Pool. Unit Is By Pool And Front Gate

Moss & Company Realty Inc

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2022 BeachesMLS, Inc.

Listing information last updated on January 17th, 2022 at 6:30am EST.

Map of Foreclosures, Short Sales & REO's

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