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Foreclosures & Short Sales in St. Petersburg, FL
Hide MapForeclosures & Short Sales in St. Petersburg, FL
24 of 64 Listings
$414,900
3 bd · 3 ba · 1,662 sqft
2827 29th Ave N, St Petersburg, FL
Barry Macchione · REMAX EXPERTS
Foreclosures & Short Sales in St. Petersburg, FL: 64 active listings as of .
| Property type | Listings | Share |
|---|---|---|
| Single Family Residence | 46 | 71.9% |
| Condominium | 18 | 28.1% |
An MLS can mark a listing as in foreclosure or pre-foreclosure. In the RESO Data Dictionary, “In Foreclosure” means the property is “currently in the process of foreclosure”; “pre-foreclosure” is not defined there. RESO defines this field as describing “the type of sale … at the time of listing,” and a listing’s status can change after that. For a specific home, ask its listing agent what the status means and where the sale stands.
An MLS can mark a listing as bank-owned or lender-owned, also called REO (“real estate owned”). In the RESO Data Dictionary, “Real Estate Owned” means the property is “currently owned by a bank/lender.” RESO defines this field as describing “the type of sale … at the time of listing,” and a listing’s status can change after that. For a specific home, ask its listing agent about the home’s condition and what an offer needs.
An MLS can mark a listing as a short sale, or as a potential or possible short sale. In the RESO Data Dictionary, a short sale “may require bank approval,” so an accepted offer may need the lender’s approval before the sale can close. For a specific home, ask its listing agent whether the sale needs that approval and whether it has been given.
An MLS can mark a listing as an auction or as sold under auction terms. MLS rules differ on the price an auction listing shows: depending on the MLS, it can be a starting or minimum bid, a reserve price, or an assessed, tax or market value, so it may not be what the home sells for. For a specific home, read the auction’s terms and ask its listing agent how bidding works before you bid.
An MLS can mark a listing with a notice of default. In the RESO Data Dictionary, this status means “there is a notice of default on the listed property.” RESO defines this field as describing “the type of sale … at the time of listing,” and a listing’s status can change after that. For a specific home, ask its listing agent what the notice means for the sale and where the sale stands.
Stellar MLSSource: HJN community data
