Modesto Foreclosures

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

Modesto Foreclosures

If you’re looking to purchase a Modesto 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 Modesto 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 Modesto 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 Modesto by Zip Code

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Hottest Foreclosures Listings in Modesto


Active
  • Located in Modesto
  • Built in 1955
  • MLS #: MC24071091
  • 3 Bedrooms
  • 2 Baths
  • 1,527 SqFt
More details Listing by Travis Azevedo, A2Z Homes, Inc.

Active
  • Located in Modesto
  • Built in 1967
  • MLS #: ML81961102
  • 4 Bedrooms
  • 2 Baths
  • 1,632 SqFt
More details Listing by Scott Kao, eXp Realty of Northern California, Inc.

Active
  • Located in Modesto
  • Built in 1976
  • MLS #: ML81959356
  • 3 Bedrooms
  • 2 Baths
  • 1,511 SqFt
More details Listing by Xavier Williams, The Bay Realty & Home Loans

Pending
  • Located in Modesto
  • Built in 1989
  • MLS #: ML81953781
  • 3 Bedrooms
  • 2 Baths
  • 1,395 SqFt
More details Listing by Edgardo Barreto, Kinetic Real Estate

Active
  • Located in Modesto
  • Built in 1962
  • MLS #: ML81961594
  • 3 Bedrooms
  • 2 Baths
  • 1,276 SqFt
More details Listing by Tri Pham, Selective Realty Inc

Active
  • Located in Modesto
  • Built in 1957
  • MLS #: ML81945154
  • 6 Bedrooms
  • 2 Baths
  • 2,375 SqFt
More details Listing by Maria Lluvi Borja, Platinum Realty

Active
  • Located in Modesto
  • Built in 1948
  • MLS #: ML81960203
  • 3 Bedrooms
  • 1 Bath
  • 1,094 SqFt
More details Listing by Davina Pattar Orona, New Connection Real Estate

Pending
  • Located in Modesto
  • Built in 2000
  • MLS #: ML81961209
  • 5 Bedrooms
  • 3 Baths
  • 3,591 SqFt
More details Listing by Pauline David, Intero Real Estate Services

Pending
  • Located in Modesto
  • Built in 1980
  • MLS #: ML81946096
  • 4 Bedrooms
  • 2 Baths
  • 1,832 SqFt
More details Listing by Maria Reyes, Buyers Realty

Active
  • Located in Modesto
  • Built in 1988
  • MLS #: ML81960716
  • 3 Bedrooms
  • 2 Baths
  • 1,228 SqFt
More details Listing by Adriana Castro Flores, Intero Real Estate Services

Pending
  • Located in Modesto
  • Built in 1976
  • MLS #: MC24056293
  • 2 Bedrooms
  • 2 Baths
  • 1,197 SqFt
More details Listing by Renee Ledbetter, Exit Realty Consultants

Pending
  • Located in Modesto
  • Built in 1988
  • MLS #: ML81958172
  • 3 Bedrooms
  • 2 Baths
  • 1,852 SqFt
More details Listing by Alison Hill, RE/MAX Santa Clara Valley

Active
  • Located in Modesto
  • Built in 2003
  • MLS #: IV24048586
  • 6 Bedrooms
  • 3 Baths
  • 2,539 SqFt
More details Listing by MARIA FLETES, Alvin Toney, Broker

Pending
  • Located in Modesto
  • Built in 1976
  • MLS #: ML81951930
  • 3 Bedrooms
  • 2 Baths
  • 1,446 SqFt
More details Listing by Lily Li, BayOne Real Estate Investment Corporation

Active
  • Located in Modesto
  • Built in 1920
  • MLS #: MC24059954
  • 2 Bedrooms
  • 1 Bath
  • 898 SqFt
More details Listing by Donna Castillo, Realty Executives Of Northern California

Pending
  • Located in Modesto
  • Built in 1974
  • MLS #: MC24055297
  • 3 Bedrooms
  • 2 Baths
  • 1,216 SqFt
More details Listing by Simon Huang, Novachoice Investment, Inc

Pending
  • Located in Modesto
  • Built in 2001
  • MLS #: ML81952029
  • 4 Bedrooms
  • 3 Baths
  • 2,478 SqFt
More details Listing by George Arce, Centers Dynamic Partners, Inc.

Pending
  • Located in Modesto
  • Built in 1979
  • MLS #: OC24034428
  • 4 Bedrooms
  • 2 Baths
  • 1,630 SqFt
More details Listing by Jerome Preston, Open Door Real Estate

Active
  • Located in Modesto
  • Built in 1946
  • MLS #: SR22158656
  • 3 Bedrooms
  • 2 Baths
  • 1,330 SqFt
More details Listing by Israel Villamil-Duran, Omega Realty & Lending,Inc.

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

Modesto Real Estate Listings

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

Open Houses in Modesto

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 Modesto 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 Modesto, 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 Modesto

We’ve automated the home buying and selling process in order to save thousands for buyers and sellers. Once you’ve found the Modesto 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.

Modesto Home Values

Determining your Modesto 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.

Modesto Short Sales

If a homeowner is having difficulty paying their mortgage and their Modesto home value has gone down below their mortgage amount, they may be considering a short sale. When a seller lists their Modesto 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 Modesto 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 Macoupin County

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