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 Foreclosure listings are usually lender-owned properties due to a mortgage default.  These listings are usually sold as-is, which means the owner makes no representations about the house and will usually pay for no repairs for things discovered during due diligence.  These properties are attractive because they are priced below what one would expect to pay, as the lender wants to sell the property quickly.  Due diligence is very important to this type of purchase, as the buyer needs to make sure that the purchase price plus any repairs will still leave the property being worth more than the investment. 

Latest Foreclosures

706 E Stagecoach Road, Mebane image
706 E Stagecoach Road, Mebane $199,000

INCREDIBLE opportunity to make this charming home yours! Potential abounds, blank canvas for the next lucky home owner. This home is nestled on an oversized corner lot in...

  • 3 Beds
  • 2 Baths
  • 2514116 MLS
  • ACTIVE Status
2323 Englewood Avenue, Durham image
2323 Englewood Avenue, Durham $253,700

Opportunity Awaits in this 1930's Bungalow in the Englewood Subdivision in Durham!! Come See this 5 Bedroom and 1 Bathroom Home. Living Room is open to the Formal Dining ...

  • 5 Beds
  • 1 Baths
  • 2514040 MLS
  • ACTIVE Status
127 Drumbuie Place, Garner image
127 Drumbuie Place, Garner $210,000

Introducing this 3-bedroom, 2-bathroom end-unit townhouse in Garner. Ideal for first-time homebuyers and investors. With 1,200 sq ft of living space, this home offers a ...

  • 3 Beds
  • 2 Baths
  • 2510837 MLS
  • ACTIVE UNDER CONTRACT Status
106 Iron Kettle Court, Knightdale image
106 Iron Kettle Court, Knightdale $280,000

This 3BR, 2BA ranch on a quiet cul-de-sac needs quite a bit of work and would be perfect for a renovation loan. The family room with vaulted ceilings, gas log fireplace o...

  • 3 Beds
  • 2 Baths
  • 2504849 MLS
  • ACTIVE Status
8828 Bethel Hickory Grove Church Road, Chapel Hill image
8828 Bethel Hickory Grove Church Road, Chapel Hill $174,000 ▼

Great location outside of the center of Chapel Hill and UNC (6.5 miles), Chapel Hill- Carrboro City School System, lots of convenience to all the amenities offered by Cha...

  • 2502383 MLS
  • ACTIVE Status

Listings provided courtesy of Triangle MLS, Inc. of NC, Internet Data Exchange Database. Information deemed reliable but not guaranteed. © 2023 Triangle MLS, Inc. of North Carolina. Data last updated .

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