1101 Foreclosures

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Search Springfield 1101 Foreclosures for sale on the MLS. View recent sales and find homes for sale in Springfield which allow for a 50% commission credit.

Springfield 1101 Foreclosures

If you’re looking to purchase a Springfield 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 Springfield 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 Springfield 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.

Hottest Foreclosures Listings in Springfield 1101


Active
  • Located in Ojai
  • Built in 1977
  • MLS #: V1-27876
  • 3 Bedrooms
  • 3 Baths
  • 2,180 SqFt
More details Listing by Gabriela Cesena, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Santa Monica
  • Built in 1964
  • MLS #: SR25015647
  • 2 Bedrooms
  • 2 Baths
  • 1,014 SqFt
More details Listing by Luke Smith, Real Brokerage Technologies, Inc.

Active
  • Located in Santa Ana
  • Built in 1970
  • MLS #: OC25016113
  • 2 Bedrooms
  • 2 Baths
  • 914 SqFt
More details Listing by Moein Tehran, First Team Real Estate

Active
  • Located in Fullerton
  • Built in 1974
  • MLS #: OC25011525
  • 4 Bedrooms
  • 3 Baths
  • 2,866 SqFt
More details Listing by Sean Grange, Compass

Active
  • Located in San Mateo
  • Built in 1922
  • MLS #: ML81991811
  • 2 Bedrooms
  • 2 Baths
  • 1,050 SqFt
More details Listing by Christopher Eckert, KW Advisors

Pending
  • Located in Alhambra
  • Built in 1953
  • MLS #: RS24226376
  • 2 Bedrooms
  • 1 Bath
  • 964 SqFt
More details Listing by Jasmin Duran, Keller Williams Coastal Prop

Active
  • Located in Milpitas
  • Built in 2007
  • MLS #: ML81992413
  • 1 Bedrooms
  • 1 Bath
  • 748 SqFt
More details Listing by Michael Peng Li, Goodview Financial & Real Estate

Active
  • Located in San Diego
  • Built in 2002
  • MLS #: 250016352SD
  • 1 Bedrooms
  • 2 Baths
  • 1,036 SqFt
More details Listing by Greg Burnham, Compass

Active
  • Located in Palm Springs
  • Built in 1957
  • MLS #: 219118143PS
  • 4 Bedrooms
  • 4 Baths
  • 2,659 SqFt
More details Listing by Marc Lange, Equity Union

Active
  • Located in Los Angeles
  • Built in 1980
  • MLS #: 25488169
  • 2 Bedrooms
  • 3 Baths
  • 2,361 SqFt
More details Listing by Marco Rufo, The Agency

Pending
  • Located in Los Angeles
  • Built in 1964
  • MLS #: 24466767
  • 1 Bedrooms
  • 2 Baths
  • 966 SqFt
More details Listing by Ian Rhodes, Keller Williams Realty Los Feliz

Active
  • Located in Ventura
  • Built in 2015
  • MLS #: V1-27187
  • 1 Bedrooms
  • 1 Bath
  • 792 SqFt
More details Listing by Lorraine Burns, Radius Agent Realty

Active
  • Located in Oxnard
  • Built in 2024
  • MLS #: V1-27517
  • 3 Bedrooms
  • 2 Baths
  • 1,201 SqFt
More details Listing by Laura Nuno, CIMA Realty Group

Active
  • Located in Long Beach
  • Built in 1957
  • MLS #: SB25015938
  • 1 Bedrooms
  • 1 Bath
  • 586 SqFt
More details Listing by Paula Petrotta, West Shores Realty, Inc.

Active
  • Located in Milpitas
  • Built in 2007
  • MLS #: ML81989823
  • 2 Bedrooms
  • 1 Bath
  • 926 SqFt
More details Listing by Ann McKinney, Real Estate Experts

Active
  • Located in Santa Monica
  • Built in 1964
  • MLS #: 25475447
  • 2 Bedrooms
  • 2 Baths
  • 990 SqFt
More details Listing by Brian Maser, The Condo Experts

Pending
  • Located in Ridgecrest
  • Built in 1980
  • MLS #: SW24189441
  • 3 Bedrooms
  • 2 Baths
  • 1,804 SqFt
More details Listing by Justin Bringas, LPT Realty, Inc

Active
  • Located in Calabasas
  • Built in 2008
  • MLS #: 24457211
  • 6 Bedrooms
  • 7 Baths
  • 8,081 SqFt
More details Listing by Emil Hartoonian, The Agency

Active
  • Located in West Hollywood
  • Built in 1965
  • MLS #: 24462211
  • 2 Bedrooms
  • 3 Baths
  • 2,263 SqFt
More details Listing by James Harris, Carolwood Estates

Active
  • Located in Santa Ana
  • Built in 1970
  • MLS #: NP24238310
  • 2 Bedrooms
  • 1 Bath
  • 842 SqFt
More details Listing by Brian Fox, Keller Williams Legacy

Active
  • Located in Santa Ana
  • Built in 1970
  • MLS #: OC25008918
  • 1 Bedrooms
  • 1 Bath
  • 676 SqFt
More details Listing by Alex Duarte, First Team Real Estate

Active
  • Located in Los Angeles
  • Built in 2016
  • MLS #: 24445663
  • 3 Bedrooms
  • 2 Baths
  • 1,170 SqFt
More details Listing by Frank Turner, Luxe Realty, Inc.

Active
  • Located in Big Bear City
  • Built in 1984
  • MLS #: IG24241337
  • 5 Bedrooms
  • 3 Baths
  • 2,373 SqFt
More details Listing by JANET STEVENS-MOORE, BRUIN TROJAN REALTORS, INC

Active
  • Located in West Hollywood
  • MLS #: 24470695
  • 3 Bedrooms
  • 4 Baths
  • 3,432 SqFt
More details Listing by Cory Weiss, Douglas Elliman

Active
  • Located in Santa Ana
  • Built in 1970
  • MLS #: SB24141771
  • 1 Bedrooms
  • 1 Bath
  • 676 SqFt
More details Listing by Bryiana Davis, Keller Williams Palos Verdes

Active
  • Located in West Hollywood
  • Built in 1964
  • MLS #: 24451841
  • 2 Bedrooms
  • 3 Baths
  • 2,252 SqFt
More details Listing by Zach Goldsmith, The Agency

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

Springfield Real Estate Listings

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

Open Houses in Springfield

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 Springfield 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 Springfield, 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 Springfield 1101

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

Springfield Home Values

Determining your Springfield 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.

Springfield Short Sales

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

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