Search Foreclosure Properties
Foreclosure - What is it?
A Foreclosure is a situation in which a homeowner is unable to make full principal and interest payments on his/her mortgage , which allows the lender to seize the property, evict the homeowner and sell the home, as stipulated in the mortgage contract. One month after the homeowner misses a mortgage payment, he/she is in default and will be notified by the lender. Three to six months after the homeowner misses a mortgage payment , assuming the mortgage is still delinquent and the homeowner has not made up the missed payments within a specified grace period, the lender will begin to foreclose. The farther behind the borrower falls, the more difficult it becomes to catch up, since lenders add fees for payments that are 10 to 15 days late.
Foreclosed Properties in Philadelphia Area
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Listing courtesy of HomeSmart Realty Advisors.
Prime lot available in the desirable Port Richmond Area! Buildable RSA-5 lot, shovel ready. Build your dream home, or build a home with lucrative rental income. Buy now ...
Listing courtesy of RE/MAX Elite.
HOT BUY!!! PRICE REDUCTUION!! Excllent opportunity in North Philadelphia! First floor offers living room, dining room and kitchen. Second floor has 3 bedrooms and one hal...
- 3 Beds
- 1 Baths
Listing courtesy of RE/MAX Prime Real Estate.
The property was recently taken back Deed In lieu of Forclosure. It must be purchased sight unseen drive by only. There is no seller disclosure and the buyer is asked to ...
- 4 Beds
- 3 Baths
Listing courtesy of RE/MAX Affiliates.
***Back on the Market-> buyer financing fell through***Opportunity Knocks But Once! Amazing location in Templetown just minutes from Temple University. This shell is read...
Listing courtesy of Keller Williams Philadelphia.
Two story, 3 bedroom, porch front row located within walking distance to LaSalle University. Living room, dining room and kitchen on the first floor. Three bedrooms and f...
- 3 Beds
- 1 Baths
Listing courtesy of Premier Real Estate Inc.
1342 square feet of opportunity. This spacious home needs a full gut but offers loads of potential for the right buyer. Situated on a tree lined block this 3 bedroom 1 ...
- 3 Beds
- 1 Baths
Listing courtesy of Vylla Home.
Large, two story, 3 bedroom, porch front row. Conveniently located close to all forms of public transportation and the main roads. Property being sold strictly As Is. Buy...
- 3 Beds
- 1 Baths
Listing courtesy of Premier Real Estate Inc.
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Listing courtesy of Keller Williams Philly.
Straight through row house on a good block in the Logan section of Philadelphia. Get it whiles it's HOTTT!!! Covered front porch, large living and dining room, through t...
- 3 Beds
- 1 Baths
Listing courtesy of RE/MAX Prime Real Estate.
Large residential lot, great for new construction, single, duplex, or quadraplex building.
Listing courtesy of Shel-Sone Realty, Inc..
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