Foreclosed Homes for Sale in South Florida

Homes listed for sale while a foreclosure case is open against them, straight from the MLS and updated throughout the day.

These are homes with a foreclosure case already filed and still working through the Florida courts, listed for sale by the owner before the judge sets a sale date. Florida forecloses judicially, so the process runs through a lawsuit that commonly takes a year or more, and until the clerk sells the home at auction the owner can still sell it and pay off the lender. That is what you are looking at here. A foreclosure listing can be a strong buy, because the seller has a deadline the market does not, but the deal only closes if the sale proceeds cover the mortgage, the arrears and the lender's legal fees, or the lender agrees to take less. Expect a title search that turns up more than usual, second mortgages, homeowner association liens, code enforcement fines and an open court case with a calendar of its own. This is a smaller list than the bank-owned one and it changes constantly, so check back or ask us to set an alert.

12 listings, newest first.

Foreclosure Listings: Frequently Asked Questions

What is the difference between a foreclosure listing and a bank-owned home?
Timing and who owns the home. A foreclosure listing is still owned by the borrower with a court case pending. A bank-owned home is one the lender already took back after the auction. The first is a negotiation with a homeowner racing a deadline; the second is a transaction with a bank.
Can the sale fall through because of the court case?
Yes. If the judge sets the foreclosure sale before you close, the home goes to the courthouse auction and your contract dies with it. A sale in this situation needs the closing agent and the seller's foreclosure attorney working together, and where necessary a motion to cancel or postpone the sale date. We manage that timeline rather than hoping it works out.
How long does a Florida foreclosure take?
A contested Broward or Miami-Dade foreclosure commonly runs twelve to twenty-four months from the filing of the lis pendens to the clerk's sale, and longer where the borrower raises defences or files for bankruptcy. An uncontested case can be finished in six to eight months.
Do I have to pay the seller's back taxes and liens?
Not out of your own pocket at closing, but they do have to be paid from the proceeds before clear title passes, which is exactly why some of these deals do not close. Property taxes, association dues, code fines and any second mortgage are searched before we write the offer so nobody finds them a week before closing.
Is buying at the courthouse auction the same thing?
No, and it is a different sport. A clerk's auction bid is cash, due within hours, with no inspection, no title insurance and no guarantee the home is empty. Everything on this page is an ordinary MLS listing you can tour, inspect, finance and insure.

Facing foreclosure on your own home?

Selling before the judgment usually protects your credit better than losing the home at the clerk's sale, and where there is equity it puts the surplus in your pocket instead of the court registry. Find out what your home is worth today, request a cash offer, or read what your options are once you have been served.

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