Saving Money with Foreclosed Property
Purchasing distressed property (a home or property that has been foreclosed, a property that is at short sale, or REO property) is a great way to save money on the purchase of your next home--or even your next money-making investment cabin. We've been working with foreclosures for a very long time, and we're more than happy to help you find the best home for your dollars.
What Are Foreclosures, Short Sales, and REO Properties?
- Foreclosed property: Foreclosed property is property that is at public auction because payments have not been met, and the lender has exercised the right to possess the property.
- Short sale property: Short sale property is property that is in foreclosure but before the property goes to public auction. Under a short sale, a lender may agree to accept less than the amount that is owed on the property.
- Real Estate Owned (REO) property: In the real estate industry, this term means that the mortgage company or lender owns the property. Purchasing an REO property is similar to buying a short sale property, except the property is already owned by the lender.
Search for Lots, Land, Acreage in and near the Great Smoky Mountains
Click this link to display all listings of land.
Foreclosed Homes and Cabins in and near the Great Smoky Mountain
A Beautifully Unique 3 story home with 7 bedrooms and 5 full baths ! Completely updated with a new roof, new HVAC system , hot water heater, new carpet, tile and paint. ...
- 7 Beds
- 6 Baths
- 5,756 SqFt.
- 1064985 MLS
- ACTIVE Status
Spacious Log Home in Saddle Ridge Subdivision on 5 acres, near Great Smoky Mountains. Offers 2BDR/3BA, Living room with cathedral ceilings and cozy fireplace, island in a...
- 2 Beds
- 3 Baths
- 2,581 SqFt.
- 1054898 MLS
- ACTIVE Status
Welcome to 1812 Hughes Loop, a rustic home with a beautiful, secluded setting. Resting on 23 private acres, this home features 2 bedrooms, 2 bathrooms and 1,080 sqft with...
- 2 Beds
- 2 Baths
- 1,080 SqFt.
- 1065800 MLS
- ACTIVE Status
Lovely Setting!!! Recently Renovated and Ready to Move in!!! Beautiful Home offers 2BDR/2BA 986 Sq. Ft. in Walnut Grove Subdivision schools in the area Pigeon Forge Prima...
- 2 Beds
- 2 Baths
- 986 SqFt.
- 1066034 MLS
- ACTIVE Status
Large house with a 2Car Detached garage with a large storage room above. Main Level consist of 3 bedroom , 2 Full Baths, Living room , Kitchen with BFST area with Firep...
- 3 Beds
- 2 Baths
- 2,144 SqFt.
- 1066603 MLS
- ACTIVE Status
Great cul-de-sac location, at the very back of the subdivision; Super-convenient to Pellissippi; Open Living Room/Dining Area/Kitchen, with Slider to the over-sized Deck;...
- 3 Beds
- 2 Baths
- 1,660 SqFt.
- 1061993 MLS
- ACTIVE Status
Welcome to 1358 W Hunt Rd, a well-maintained split level situated just minutes from downtown Maryville. This 1,980 sqft home features 3 bedrooms and 3 full bathrooms, har...
- 3 Beds
- 3 Baths
- 1,980 SqFt.
- 1064766 MLS
- ACTIVE Status
Basement ranch style with vinyl siding, insulated windows, and hardwoods. Fenced yard with one car basement garage plus carport. The Master Bedroom and bath were added to...
- 3 Beds
- 2 Baths
- 1,404 SqFt.
- 1062722 MLS
- ACTIVE Status
A brick Rancher on a beautiful level lot with over an acre of land. Huge Kitchen with tons of cabinet space and an eat in kitchen with fireplace on one end and a sun room...
- 3 Beds
- 2 Baths
- 1,841 SqFt.
- 1058109 MLS
- ACTIVE Status
Rancher with 2 bedrooms, 1 full bath, updated vinyl windows and metal roof. Great opportunity for new owners! All data taken from prev MLS, Tax Records or current deed....
- 2 Beds
- 1 Baths
- 894 SqFt.
- 1065669 MLS
- ACTIVE Status
Equal Housing Opportunity. All information contained herein deemed reliable but not guaranteed. Buyers should personally verify all information. All content Copyright 1998-2019 Great Smoky Mountains Association of Realtors. All rights reserved. Last updated .