Wilmington Foreclosures

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

Wilmington Foreclosures

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

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Hottest Foreclosures Listings in Wilmington


Pending
  • Located in Wilmington
  • Built in 1980
  • MLS #: PW24215347
  • 3 Bedrooms
  • 3 Baths
  • 1,331 SqFt
More details Listing by Kawain Payne, Berkshire Hathaway HomeServices California Properties

Active
  • Located in Wilmington
  • Built in 1948
  • MLS #: PW24247659
  • 3 Bedrooms
  • 2 Baths
  • 1,491 SqFt
More details Listing by Gracie Robles, 24 Hour Real Estate

Active
  • Located in Wilmington
  • Built in 1980
  • MLS #: IV24124941
  • 2 Bedrooms
  • 1 Bath
  • 919 SqFt
More details Listing by JUAN MURATALLA, EXCELLENCE EMPIRE REAL ESTATE

Active
  • Located in Wilmington
  • Built in 1947
  • MLS #: SB24251120
  • 2 Bedrooms
  • 1 Bath
  • 836 SqFt
More details Listing by Angelica Suarez, Re/Max Estate Properties

Active
  • Located in Wilmington
  • Built in 1972
  • MLS #: OC24237030
  • 3 Bedrooms
  • 2 Baths
  • 1,176 SqFt
More details Listing by Sadid Lodi, K Pacific Group

Active
  • Located in Wilmington
  • Built in 1980
  • MLS #: SB24250942
  • 1 Bedrooms
  • 1 Bath
  • 849 SqFt
More details Listing by Jorge Moya, West Shores Realty, Inc.

Pending
  • Located in Wilmington
  • Built in 1923
  • MLS #: DW24201047
  • 2 Bedrooms
  • 1 Bath
  • 802 SqFt
More details Listing by Eloy Villamil, Remax Innovative

Active
  • Located in Wilmington
  • Built in 1929
  • MLS #: SB24240539
  • 2 Bedrooms
  • 1 Bath
  • 768 SqFt
More details Listing by Rosanna Rivera, Real Estate II

Pending
  • Located in Wilmington
  • Built in 1955
  • MLS #: SW24245381
  • 3 Bedrooms
  • 1 Bath
  • 1,080 SqFt
More details Listing by Sarah Porquez-Zehms, Coldwell Banker Realty

Active
  • Located in Wilmington
  • Built in 2002
  • MLS #: OC24222662
  • 4 Bedrooms
  • 3 Baths
  • 1,889 SqFt
More details Listing by Florina Massbaum, Realty One Group West

Active
  • Located in Wilmington
  • Built in 2001
  • MLS #: OC24125318
  • 3 Bedrooms
  • 2 Baths
  • 1,083 SqFt
More details Listing by Francisco Ramirez, Realty Masters & Associates

Active
  • Located in Wilmington
  • Built in 1944
  • MLS #: PW24226363
  • 4 Bedrooms
  • 1 Bath
  • 1,423 SqFt
More details Listing by Brittany Morris-Scott, Real Broker

Pending
  • Located in Wilmington
  • Built in 1944
  • MLS #: PW24217627
  • 3 Bedrooms
  • 1 Bath
  • 1,012 SqFt
More details Listing by Stephanie Haines, Real Broker

Active
  • Located in Wilmington
  • Built in 1958
  • MLS #: RS24165691
  • 2 Bedrooms
  • 1 Bath
  • 1,200 SqFt
More details Listing by Martin Gonzalez, Realty Executives All Cities

Pending
  • Located in Wilmington
  • Built in 1953
  • MLS #: DW24201015
  • 2 Bedrooms
  • 1 Bath
  • 874 SqFt
More details Listing by Claudio Dasilva, Century 21 Realty Masters

Active
  • Located in Wilmington
  • Built in 1929
  • MLS #: DW24089547
  • 2 Bedrooms
  • 1 Bath
  • 1,006 SqFt
More details Listing by Rafael Sanabria Vidal, Golden Feather Investments, Inc

Active
  • Located in Wilmington
  • Built in 1953
  • MLS #: IN24159832
  • 3 Bedrooms
  • 1 Bath
  • 1,164 SqFt
More details Listing by Henry Wallace, Henry Wallace

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

Wilmington Real Estate Listings

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

Open Houses in Wilmington

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 Wilmington 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 Wilmington, 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 Wilmington

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

Wilmington Home Values

Determining your Wilmington 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.

Wilmington Short Sales

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

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