Many people believe they are going to get a steal buying a foreclosure. Though you may get more of a deal, the biggest advantage is sometimes for the non-investor because an owner occupant is given preferred treatment on many foreclosures in the first couple weeks it is on the market now. Unless you are bidding with cash on the courthouse steps or online auctions, you are not buying at a wholesale discount. Most listed foreclosures have gone through an expensive process and the lender (foreclosing bank) is expecting to recoup some of their loss. Once the bank has taken back ownership of the property (and it has NOT been sold off at auction) they sometimes complete minor improvements before listing it with a local firm, regardless you can expect the price to be at "market value." Not to say you won't get a deal but the expectations of a steal are in the past and for cash buyers at auction. The listings found in our search are bank owned properties and often will receive multiple offers. Be prepared by being pre-approved, able to offer a quick closing or cash offer in order to compete with other buyers. Some properties will only be able to receive a cash offer as they do not currently qualify for financing (usually due to condition or low price range).
Rencher Realty Group has sold many foreclosed homes both on the buying side and on the selling (lender / REO owned) side. We understand what is needed to get the sale completed and put our buyers in the best position possible to obtain the property. Some of our past clients have seen hundreds of thousands of dollars in profit and equity when they retained ownership of the property or flipped it after remodel. Home prices are steadying more but it is still possible to get a great home and what many would consider a deal. Look through the currently available inventory of where you want to buy using the search above or clicking below for all of the foreclosures in Orange, Seminole, Volusia, Osceola and Lake County.
Welcome to the Grande Oaks of Heathrow, where luxury and convenience meet in this stunning 3-bedroom, 3.5-bath townhome. Nestled within the prestigious gated subdivision,...
Gated community , 2nd floor 1 bedroom , 1 bathroom with open parking .Playground view from the unit balcony .Easy access to schools, shopping ,Restaurants, main roads ,...
Condo-Hotel (studio style) , the unit has a lot of potential . Easy access to schools, shopping ,Restaurants, main roads , highways and Orlando attractions. The complex h...
Introducing the perfect home for you - welcome to 335 Mandalay Rd! This stunning property features 4 bedrooms and 2 bathrooms, with a spacious 1557 square feet of living ...
This 3-bedroom, 2-bathroom Single Family home enjoys more than 1500 sq ft of living space with a huge, fenced back yard ready for your touch, and no HOA. It features a sp...
The charming two-story property is nestled on a spacious lot, offering an abundance of natural light and a versatile floor plan. Upon entering, you'll be greeted by an in...
Welcome to this exquisite two-story residence located in the award-winning community of Hunters Creek, where luxury and comfort merge effortlessly. Boasting 6 bedrooms, 4...
Discover the perfect blend of modern comfort, outdoor space, and prime location in this meticulously updated home, situated on a generous half-acre lot in Orange City. Th...
Auction Property. 3 bedroom, 2 bath with just over 2000 square feet on 0.21-acre wooded lot amidst a cul-de-sac. This single-family is one you don’t want to pass up on. ...
This 3-bedroom/2-bathroom single family home boasts over 1,450 sq ft of living space and is centrally located within the neighborhood of Chickasaw Forest. It features a f...
Auction Property. Welcome to 3146 Twisted Oak Loop, a captivating 4-bedroom, 3-bathroom home offering an impressive 2,561 square feet of interior space located in Fells C...
Spacious 2 bedroom 2 bath end unit in the desirable 55+ Alhambra Villas condos! Enjoy the good life with award winning downtown Deland a short drive away with artisan sho...
Fixer-upper. Attention rehabbers & investors! Rare opportunity for this downtown Orlando historic bungalow home with front porch, fenced yard, parking pad, mature landsca...
Rare Debary find! 4 bedroom 2 bathroom on a small pond. Home as undergone renovations over the last few years. The most current renovations are new roof, interior and ext...
One or more photo(s) has been virtually staged. Welcome to 4760 Nebraska Ave, a truly remarkable property nestled on a spacious 2.7-acre wooded lot, offering you the perf...
Welcome to 5133 PICADILLY CIRCUS CT, a charming condo in Orlando! This 3BD 2.5BA condo boasts a fireplace, a spacious balcony off of the master bedroom, and a convenient ...
PRICE IMPROVEMENT! Recently remodeled condo in Deland. This 2 bedroom 2 bathroom is located in Beresford Manor condo complex and a 55+ community. Interior has all new vin...
JUST REDUCED and it wont last long! Come see this newly renovated home before it's gone. Updates include New Roof and HVAC. New electrical wiring and plumbing throughout....
Welcome to Villages of Windmeadows! A 55+ Community with so much to offer. Centrally located to major roads, shopping, dining, entertainment, places of worship and busine...
Located in Mount Greenwood – This 3-bedroom, 2.5-bathroom, Single family home has a 2-car garage with both laundry hook-up and a utility sink with storage areas. Features...
One or more photo(s) has been virtually staged. Auction Property. As you enter this luxurious estate home situated on over an acre and a half of pristine land in the high...
Charming bungalow style home situated on large lot with mature landscape and nice tall shade trees. The home features 3 bedrooms with 1 bathroom and so much potential. ...
Welcome to 4809 Balboa Dr, a charming one-story single-family home in Pine Hills! Whether you're looking for a place to call home or a great investment opportunity, this ...
Auction Property. Welcome to 1903 Onyx Ct - a spacious three-bedroom, two-bathroom single-family home in the beautiful Emerald Lake community located in Kissimmee, Florid...
3 BR/ 2 BA block stucco home conviently located in Savanna Park and within close proximity to the Lakeshore Blvd walking trail. This open concept floorplan features vault...
One or more photo(s) has been virtually staged. Welcome to 1028 Waterside Drive, a charming 3-story corner unit condo located in the highly sought-after Siena at Celebrat...
GREAT PRICE REDUCTION READY FOR YOU TO LIVE NEARTHIS DISIRABLE GOLF COURSE COMMUNITY OF VENTURA COUNTRY CLUB. VENTURA IS A GUARD GATED COMMUNITY WITH 18 HOLE SEMI-PRIVATE...
Welcome Home!! Beautiful 4 bedroom 4.5 Bath home with the Master Bedroom on the first floor. Open floor plan with a large living room off of the kitchen. The kitchen i...
Welcome to 5419 Fairwood Way, a beautiful 3BD 2.5BA condo in Orlando! Whether you're looking for a place to call home or a great investment opportunity, this Florida drea...
Lovely 2-bedroom 2 bath home in Zellwood Station with a nice floor plan. Large rooms and a nice Sunroom to relax in. Theres a little workshop to tinker in as well. Zellwo...
If you've been waiting for a sign to stop renting, here it is! This spacious property is located in the sought-after community of Devon Place Townhomes and has everything...
One Bedroom, one bath, second story unit with a rear screen enclosed patio that overlooks the community tennis courts and pool area. Conveniently located close to grocery...
Welcome to the condo near it all you've been waiting for! Whether you are a first time home buyer, looking to downsize or an investor, you'll appreciate this 2 bedroom, 2...
Don't miss This beautiful 7 bedroom 5 1/2 bathroom spacious pool home in the Windsor at Westside . With plenty space spread out for entertaining and relax throughout enti...
Location is the key to this cozy 2/2 mobile home. This home is located in beautiful Orange Blossoms Gardens. It comes with a spacious family room and open floor plan. B...
Investors, Developers and Builders, this is an incredible opportunity on a unique offering of land. Primarily featuring a Gated Development on Stone Island that is signif...
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