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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$219,900

6772 E 45th, Tucson

This is a Fannie Mae HomePath property. With 1642 sq ft of living space this slump block home on corner lot has 3 bedrooms, 2 bathrooms, 2 car extended garage, laundry ro...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

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$615,000

3900 N Smokey Topaz, Tucson

''Fresh and CLEAN!'' That's the best words to describe this freshly remodeled 4 bed/3/5 bath Executive level home! Features extra room, and full sized office for those '...

  • Beds4
  • Baths4
  • Courtesy ofKarl Buys Houses

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$204,000

6902 W Vindale, Tucson

Gorgeous 4 bedroom contemporary home in Star Valley, a true desert oasis. Large backyard provides endless possibilities. New dishwasher recently installed.

  • Beds4
  • Baths2
  • Courtesy ofRe/Max Results

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$289,900

3338 N Bentley, Tucson

PRICE JUST REDUCED! This is a Fannie Mae HomePath Property! Charming red brick home located in the historic Winterhaven neighborhood, close to shopping, restaurants, Tucs...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

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$199,000

4449 E 3rd, Tucson

Diamond in the rough. This home was previously used as 2 or 3 rental units. It has an extra kitchen with a separate entrance to the unit. Could be guest quarters or u...

  • Beds3
  • Baths2
  • Courtesy ofHelp-U-Sell/Se Rita Ranch Rlty

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$239,000

4960 W Calle Don Tomas, Tucson

This is a Fannie Mae HomePath property. With 1942 sq ft of living space this spacious two story home has 3 bedrooms, 3 bathrooms, loft, laundry room, & large backyard gre...

  • Beds3
  • Baths3
  • Courtesy ofRoca Realty

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$312,322

63207 E Brooke Park, Tucson

PRICE REDUCED!! Wonderful HUD Home in SaddleBrooke. Great floor plan with plenty of lightning, living room windows overlook the beautiful backyard. Cozy fireplace in fami...

  • Beds2
  • Baths2
  • Courtesy ofIntegra Group Real Estate, Llc

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$234,650

6139 S Mountain Eagle, Tucson

HUD Home. Save thousands. Opportunity to have a great valued home at a modest price. Spacious and open. Large kitchen, big family room, den, plus a loft. Massive master...

  • Beds3
  • Baths3
  • Courtesy ofState Territory Realty, Llc

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$296,000

10305 E Camino Tesote, Tucson

PRICE JUST REDUCED! Home sits on 0.98 acre corner lot with beautiful mountain views and mature trees. With 2813 sq ft of living space this home has 3 bedrooms, 2.5 bathro...

  • Beds3
  • Baths3
  • Courtesy ofRoca Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than our office are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.