Tucson Foreclosure Home Search

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Tucson foreclosures give buyers a unique opportunity to save big on their Pima County home purchases.  The savings opportunities are potentially huge -- with about 45% of the Tucson housing market comprised of foreclosures and other distressed properties.  

Big Opportunities in Foreclosures

Based on the sheer volume of Tucson foreclosures, once in a generation foreclosure opportunities are available. When a homeowner defaults on their residential mortgage, their lender is often left with no alternative but to foreclose.  

These properties -- also referred to as Real Estate Owned (REO) -- become a liability that weigh down the lenders’ balance sheets.  Until banks are able to sell these properties to another homeowner, it negatively impacts their ability to make new loans to buyers with an ability to make their mortgage payments.

Foreclosure Savings

Regardless of the type of Tucson property you’re looking for, there’s a foreclosure property that can meet your needs.  From bank and government foreclosed homes to condos, townhouses, manufactured homes -- and even land -- these properties give you the opportunity to save big compared to what you might expect to pay if you were buying retail real estate.

Prices for Tucson foreclosures are extremely affordable, and in many cases can be purchased as much as 15%+ off of retail and new home prices.  These prices for Tucson area properties give you plenty of reasons to consider Pima County as your future home.   

Foreclosures: Not for Everyone

While foreclosures give you ample reasons to consider the Tucson area for your next home purchase, foreclosures aren’t for everyone.  If you’re not comfortable rolling up your sleeves and making what (in most cases) are minor, superficial repairs, you might be better off paying retail for your home purchase.

However, if the idea of making your house a “home” excites you and opens you up to the concept of decorating your home to suit your tastes, then you should definitely consider finding a Tucson foreclosure in a neighborhood that will make you feel right at home.

Foreclosures are the driving force in making the Tucson real estate market the most affordable it’s been in years. Prices have dropped dramatically -- and lenders are hungry to get their REO properties off the books.  

To find out if a Tucson foreclosure property is your best opportunity to achieve affordable home ownership, browse our foreclosures listings (sidebar to the right) and contact us today to arrange a showing or to get more information.

Newest Tucson Foreclosure Homes For Sale

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$176,000

1972 W Calle Campana De Plata, Tucson

Located in established Westside neighborhood close to Downtown, U of A, Pima Community College, hospital, shopping, restaurants, and much more! With 1577 sq ft of living ...

  • Beds2
  • Baths2
  • Courtesy ofRoca Realty

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$159,900

9041 S Mystic Meadow, Tucson

Occupants are not to be disturbed or contacted under any circumstances. Property is located in the desired Vail school district. Within walking distance is the neighborh...

  • Beds3
  • Baths2
  • Courtesy ofRe/Max Results

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$163,000

2865 N Desert, Tucson

With 1476 sq ft of living space, this home has 3 bedrooms, 2 bathrooms, den, laundry room, and large backyard with covered patio & mature trees great for entertaining. Sp...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

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$185,000

4356 E Monte Vista, Tucson

This is a Fannie Mae HomePath property. With 1480 sq ft of living space this home has family room with fireplace, 2 bathrooms, den, extra room that can be converted to be...

  • Beds1
  • Baths2
  • Courtesy ofRoca Realty

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$239,900

5602 E 12th, Tucson

Custom Built Sante Fe. Oversized attached garage! Conveniently located near Broadway/Swan! Walk to shops, restaurants and the bus! Walled and gated front court yard. Wall...

  • Beds3
  • Baths3
  • Courtesy ofLong Realty Company

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$323,000

5798 E Paseo Cimarron, Tucson

Contemporary home situated on lushly desert vegetated lot with stunning mountain and city views. Living room features beam ceilings and walls of windows that capture the...

  • Beds3
  • Baths2
  • Courtesy ofRe/Max Excalibur

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$304,500

7661 E Seneca, Tucson

PRICE JUST REDUCED! This is a Fannie Mae HomePath property. With 2453 sq ft of living space this home has 4 bedrooms, 3 bathrooms plus a den & large backyard with pool gr...

  • Beds4
  • Baths3
  • Courtesy ofRoca Realty

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$405,900

4840 N Valley View, Tucson

Own a piece of The Foothills. Very private master bedroom upstairs with private upstairs patio. Very open floor plan with 2 bedroom split and 4th BR with private patio...

  • Beds4
  • Baths3
  • Courtesy ofHelp-U-Sell/Se Rita Ranch Rlty

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$697,400

3098 N Fennimore, Tucson

Custom Sante Fe with stunning back yard oasis including outdoor patios, flagstone, outdoor kitchen and lagoon style pool. Soaring ceiling in formal living rm w/office alc...

  • Beds5
  • Baths5
  • Courtesy ofLong Realty Company

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$194,000

4637 E 8th, Tucson

PRICE JUST REDUCED! This is a Fannie Mae HomePath property. With 1188 sq ft of living space this home has 2 bedrooms, den, 2 bathrooms, living room with fireplace, 1 car ...

  • Beds2
  • Baths2
  • Courtesy ofRoca Realty

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information deemed reliable, but not guaranteed.