Cobb Foreclosures

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Search Cobb Foreclosures for sale on the MLS. View recent sales and find homes for sale in Cobb which allow for a 50% commission credit.

Cobb Foreclosures

If you’re looking to purchase a Cobb home for sale at a bargain price, foreclosures can often be a great opportunity for experienced investors. If a homeowner defaulted on their mortgage and is unable to pay off their debt before their home auction date, the property will revert back to the lender through the Cobb foreclosure process. Once a home has been foreclosed on, it will either be sold off in bulk by the bank or listed with an agent who will add to the MLS. Prior to entering into the MLS, it is often only possible to purchase a foreclosure if you have cash. However, once the property comes on the market through the Cobb MLS, there is typically preference within the first 2 weeks to FHA or other government-backed mortgages; if the prior loan foreclosed on was a government-backed mortgage.

Foreclosures in Cobb by Zip Code

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Hottest Foreclosures Listings in Cobb


Active
  • Located in Cobb
  • Built in 1944
  • MLS #: LC24241012
  • 1 Bedrooms
  • 1 Bath
  • 588 SqFt
More details Listing by Tama Prokopowich, NextHome Yvette Sloan

Active
  • Located in Cobb
  • Built in 2016
  • MLS #: LC24149382
  • 3 Bedrooms
  • 2 Baths
  • 1,500 SqFt
More details Listing by "Pi" Kimberl Stryker, Timothy Toye and Associates

Active
  • Located in Cobb
  • Built in 2024
  • MLS #: LC24131898
  • 3 Bedrooms
  • 2 Baths
  • 1,600 SqFt
More details Listing by Candelaria Alanis, RE/MAX Gold Lake County

Active
  • Located in Cobb
  • Built in 1989
  • MLS #: LC24121776
  • 2 Bedrooms
  • 2 Baths
  • 1,418 SqFt
More details Listing by Jessica Spencer, Century 21 Epic-Clearlake

Active
  • Located in Cobb
  • Built in 1952
  • MLS #: LC24224374
  • 2 Bedrooms
  • 2 Baths
  • 1,000 SqFt
More details Listing by Robert Willroy, Country Air Properties

Active
  • Located in Cobb
  • Built in 1992
  • MLS #: LC24187854
  • 2 Bedrooms
  • 2 Baths
  • 1,600 SqFt
More details Listing by Damon Schoeffler, Timothy Toye and Associates

Active
  • Located in Cobb
  • Built in 2003
  • MLS #: LC24191915
  • 3 Bedrooms
  • 3 Baths
  • 2,050 SqFt
More details Listing by "Pi" Kimberl Stryker, Timothy Toye and Associates

Active
  • Located in Cobb
  • Built in 2007
  • MLS #: LC24232201
  • 3 Bedrooms
  • 3 Baths
  • 2,710 SqFt
More details Listing by Natalie Phillips, Country Air Properties

Active
  • Located in Cobb
  • Built in 1980
  • MLS #: LC24220422
  • 3 Bedrooms
  • 2 Baths
  • 1,232 SqFt
More details Listing by Joy Emry, Real Brokerage Technologies

Active
  • Located in Cobb
  • Built in 1965
  • MLS #: LC24085370
  • 3 Bedrooms
  • 2 Baths
  • 1,056 SqFt
More details Listing by Jennifer Wall, RE/MAX Gold Lake County

Active
  • Located in Cobb
  • Built in 2023
  • MLS #: LC24215873
  • 3 Bedrooms
  • 2 Baths
  • 1,188 SqFt
More details Listing by John Searls, Vylla Home, Inc.

Active
  • Located in Cobb
  • Built in 1950
  • MLS #: LC24201945
  • 1 Bedrooms
  • 1 Bath
  • 872 SqFt
More details Listing by Jessica Walker, Pivniska Real Estate Group

Pending
  • Located in Cobb
  • Built in 2006
  • MLS #: OC24190977
  • 2 Bedrooms
  • 2 Baths
  • 1,517 SqFt
More details Listing by Elliott Peaks, Elliott Peaks, Broker

Active
  • Located in Cobb
  • Built in 2017
  • MLS #: ML81982098
  • 3 Bedrooms
  • 2 Baths
  • 1,458 SqFt
More details Listing by Veronica Avelar, REMAX Gold Pacifica

Active
  • Located in Cobb
  • Built in 2006
  • MLS #: LC24137489
  • 2 Bedrooms
  • 2 Baths
  • 1,902 SqFt
More details Listing by Lorrie McMurray, RE/MAX Gold Lake County

This information is believed to be accurate, but without any warranty.

Cobb Real Estate Listings

Search homes for sale in Cobb through our MLS powered real estate search. Find and compare homes, condos, and land for sale in Cobb. Visit open houses or schedule a tour online with one of our partner agents. When you’re ready to make an offer on a Cobb home, you’ll recieve a 50% commission credit when you submit your offer online with OfferDash®.

Open Houses in Cobb

If you’re in the market for a new home or just love staying current with what’s on the market, check out the list of Cobb open houses happening this weekend. We can help you plan a day to tour homes for sale that are having an open house. When browsing homes for sale in Cobb, just hit the save button and build your open house list of homes you want to tour. If you’re not finding any open house options on a property you want to tour, our local Partner Agents can schedule a private tour for you.

Making an Offer to Buy a Home in Cobb

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Cobb home for sale that you want to buy, just enter the address in our offer submission form and we’ll automatically draft a legal offer within minutes. In return, you’ll receive a 50% commission credit back for closing costs.

Cobb Home Values

Determining your Cobb home’s value is a 3 step process. A great way to begin is by checking your property value using our automated home valuation software. This free tool can help you determine what your home might sell for and even calculates estimated rental income it could generate by leasing out your property. To begin the process of determining your Homes value, start a free instant home valuation.

Cobb Short Sales

If a homeowner is having difficulty paying their mortgage and their Cobb home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Cobb home for sale as a short sale, they accept only one offer and submit it to their bank with a short sale package requesting mortgage debt relief. If their lender approves a short sale, they will inform the seller of the minimum net proceeds the bank will take in order to write off the sellers defaulted debt. It is often difficult to reduce the lenders’ short sale approval amount once the lender has made their decision. On loans with mortgage insurance, the lender’s losses are often covered by their insurance up to a certain amount. If a lender accepts a short sale they are likely to not receive a payout from their insurance, so knowing what coverage they have on a loan policy is key when requesting a short sale. If you’re interested in purchasing a Cobb home for sale that is listed as a short sale, know that it can be a lengthy process. Those that wait can often get a better deal than a foreclosure; since the bank only reviews 1 offer versus a foreclosure which may have multiple bids. However, a short sale could take months where a foreclosure sale can be sold within days.

Nearby Foreclosure Listings in Iowa County

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