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

property image

$164,900

9622 E Deer, Tucson

Wonderful east side Opportunity! Nice floor plan with 3 bedrooms, 2 bathrooms, cozy family room with a fireplace. Loads of potential to update and really make this home s...

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

property image

$258,900

4931 W Hurston, Tucson

This is a Fannie Mae HomePath Property! With 1914 sq ft of living space, this home has 4 bedrooms, 2 bathrooms, family room with fireplace, formal dining, laundry room, 2...

  • Beds4
  • Baths2
  • Courtesy ofRoca Realty

property image

$459,900

4415 N Pontatoc, Tucson

Custom built home on almost 1 acre lot in prime foothills location with wonderful views. Spacious living room with fireplace and separate formal dining room. Kitchen wit...

  • Beds3
  • Baths3
  • Courtesy ofColdwell Banker Residential Br

property image

$289,900

6161 N Integrity, Tucson

Completely updated Fannie Mae HomePath property. Fresh designer interior paint. New exterior paint. All new flooring. New kitchen cabinets, counter tops, appliances. New ...

  • Beds4
  • Baths3
  • Courtesy ofHomesmart Advantage Group

property image

$208,000

8330 S Camino Serpe, Tucson

PRICE JUST REDUCED! This is a Fannie Mae HomePath Property! With 1318 sq ft of living space, this home has 3 bedrooms, 2 bathrooms, laundry room & large back yard with c...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

property image

$156,900

8539 E Shasta, Tucson

Excellent East Side location within walking distance to Lakeside Park and Lakeside Lake. This block construction home sits perfect on a large lot with plenty of curb app...

  • Beds3
  • Baths2
  • Courtesy ofRealty One Group 04

property image

$192,000

2372 E Calle Pelicano, Tucson

PRICE JUST REDEUCED! This is a Fannie Mae HomePath property. Located in the desirable Tres Pueblos subdivision with 4 acre Community Park with basket ball court, BBQ gri...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

property image

$154,850

2865 N Desert, Tucson

PRICE JUST REDUCED! 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 ...

  • Beds3
  • Baths2
  • Courtesy ofRoca Realty

property image

$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

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 2019 MLS of Southern Arizona. All Rights Reserved.