A foreclosed property is owned by the lender as a result of the previous owner defaulting on the loan. Like everywhere else across the United States, Southwest Missouri saw an increased amount of foreclosures come on the market after the 2008 recession. However since the turning point of 2015, the local market has since stabilized with few forecloses listed.
If you’re looking to purchase property, you may want to consider a foreclosure as they are generally priced below market value. Foreclosures can offer buyers the ability to move into higher-priced neighborhoods they might otherwise not be able to afford. By purchasing an inexpensive foreclosure, buyers can build wealth as the property steadily increases in value. However there are many factors to consider when buying a foreclosed home compared to a traditional home purchase.
Foreclosure properties are a popular housing option, but there are also more issues to watch for with this type of purchase. My name is Charlie Gerken and I'm a real estate agent who has years of experience selling foreclosure properties. I can guide you through the additional paperwork that comes with purchasing a foreclosure. I'll also help you determine if the price is a good value or if you'd be better off purchasing something else.
To learn more about foreclosures, please contact me today to find a property that best fits your needs.
Averages based on current search criteria as of 05/16/2024 10:19 PMProperty Averages
WOW, reduced for you! Beautiful home that has been totally remodeled and updated. We are proud to offer this absolutley wonderful executive style h...
Located in the private gated community of The Meadows @ Hidden Springs. Offering over 4300 square feet of living space! With 3 bedrooms, 3 full bat...
Short Sale. Beautiful lake view, Stone County unrestricted property! Introducing your perfect lake view oasis in Reeds Spring, Missouri. 2 bedroom,...
Less than 5 minutes to the lake... This amazing home on 4.2 acres includes 4 bedrooms and an office (bonus room) with 3 full baths. Large kitchen, ...
Check out this clean cozy 2 BR condo in the gated community of Sunset Cove. Move in Ready! Close to everything Branson offers
The opportunity of a lifetime is at your fingertips near Lake Taneycomo in Forsyth! This 3 bedroom, 2 and 1/2 bathroom home is looking for a new ow...
Manufactured home, 4 bedrooms, 2 bathrooms, living room, dining room. Lots of square footage for the $$.
Conveniently located in the center of Reeds Spring, this large home features 3 bedrooms on a split design with 2 bathrooms and 2 large living areas...
Located just a short 15 minute drive from Branson's Entertainment District and a 5 minute drive from public fishing and boat launch on Lake Taneyco...