Tucson Foreclosure Home Search

Search Tucson Foreclosures

 

 

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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$179,900

2456 W Chris Oliver, Tucson

Quiet neighborhood convenient to shopping, I-10, Rillito bike path and Curtis Park. Spacious living room, breakfast nook and separate dining room.. Tiles floors througho...

  • Beds3
  • Baths2
  • Courtesy ofRe/Max Excalibur

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$167,500

4432 S Paseo Rio Bravo, Tucson

This beautiful property has 4 bedrooms, 2 bathrooms, living area, kitchen, and much more. The property is located close to freeway, stores and much more. This is the p...

  • Beds4
  • Baths2
  • Courtesy ofJm Realty

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$164,900

4868 E American Beauty, Tucson

Loads of potential! Fix up home located in the popular Valstate subdivision! Convenient to the freeway, shopping, dining, and schools. Nice floor plan and large covered p...

  • Beds3
  • Baths3
  • Courtesy ofIntegra Group Real Estate, Llc

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$179,900

8873 E Old Spanish, Tucson

Wonderful east side home with quest quarters, 2 fireplaces, and a pool! Located in the popular Blue Ridge Estates! Close to shopping, dining, and schools. Home had interi...

  • Beds3
  • Baths2
  • Courtesy ofIntegra Group Real Estate, Llc

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$211,250

7732 N Jensen, Tucson

Totally updated home with solid maple cabinets, granite counters, SS appliances and 20x20 porcelain tile in the kitchen, family room and laundry. Both baths have travert...

  • Beds3
  • Baths2
  • Courtesy ofWintz Realty, Llc

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$525,000

6160 W Peregrine, Tucson

$40,000 Price Reduction! This stunning Tucson Mountain Home sits on a large parcel of lush desert landscape. City and Mountain views. The 3416 square feet estate has been...

  • Beds4
  • Baths3
  • Courtesy ofRealty Executives Tucson Elite

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$259,900

7800 E Marquise, Tucson

Good value listing in the Enclave! Two story contemporary home featuring four bedrooms and three full bathrooms!Spacious open floor plan with vaulted ceilings, formal l...

  • Beds4
  • Baths3
  • Courtesy ofPaul Mccomb Realty

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$289,900

7161 N Mona Lisa, Tucson

Many possibilities for this 7 bedroom, 4 bath home located on the edge of Casa Adobes Estates. House has 2 wings, one has wide hallways, a handicap/wheelchair accessible...

  • Beds7
  • Baths4
  • Courtesy ofCarrington Real Estate Services (Us),Llc

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$179,900

7548 S Via Hermosa, Tucson

This is a Fannie Mae HomePath Property! With 3630 sq ft of living space, this spacious home has 6 bedrooms, 3.5 bathrooms, game room / bonus room, laundry room, and larg...

  • Beds6
  • Baths4
  • Courtesy ofRoca Realty

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$774,900

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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$228,900

2908 N Geronimo, Tucson

This is a Fannie Mae HomePath Property! With 1640 sq ft of living space, this home has 3 bedrooms, 2 bathrooms, & backyard with covered patio.Spacious family room with fi...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

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$219,900

4637 E 8th, Tucson

This is a Fannie Mae HomePath property. With 1188 sq ft of living space this home has 3 bedrooms, 2 bathrooms, living room with fireplace, 1 car garage & large backyard. ...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

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$249,900

4901 N Avenida De La Colina, Tucson

Under Multiple Offer situation - Highest & Best Offers due 02/05 by 2 pm. Loads of Potential! Wonderful fix up opportunity in the Foothills of NE Tucson! Large private 3....

  • Beds3
  • Baths2
  • Courtesy ofIntegra Group Real Estate, Llc

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$159,900

3445 S Jessica, Tucson

Nice home with great curb appeal and a lot of trees and shrubs decorate the front, back and side yards. Family Room with cozy fireplace, dining area off kitchen, living r...

  • Beds4
  • Baths2
  • Courtesy ofIntegra Group Real Estate, Llc

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$254,900

8059 W Black Eagle, Tucson

PRICE JUST REDUCED! This is a Fannie Mae HomePath Property! With 2634 sq ft of living space & on corner lot, this home has 4 bedrooms, 3 bathrooms, den, extended driveway...

  • Beds4
  • Baths3
  • Courtesy ofRoca Realty