St Louis Real Estate Search

Foreclosure Sales in St Louis

Bank owned properties go by many names, and are often regarded as some of the best values in real estate.  This may sometimes be the case, since the bank is rarely under the illusion that the property is worth more than the market value. 

Bank owned properties often times go by the following names:

  • HUD Homes -foreclosed homes previously financed by the Federal Housing Administration (FHA) become owned by the US Department of Housing and Urban Development.
  • REO - stands for real estate owned.  Occasionally the term "ORE" is used instead meaning "owned real estate"
  • Distressed sale - having been foreclosed on, the property is known as distressed.
  • VA Homes -- homes financed through the Veterans Administration are transfered to the Department of Veterans Affairs for sale similar to HUD homes.
  • FDIC Homes -homes owned by banks (REO) become FDIC owned if the bank assuming a failed banks assets chooses not to accept their REO portfolio.

The Premier Team has worked with hundreds of buyers in their efforts to buy undermarket homes and condos. Contact us today to discuss your real estate goals!

St Louis Latest Foreclosure Listings

633 S Elliott Ave, Kirkwood
$200,000
2 Beds ⋅ 1 Baths ⋅ 26061270 MLS ⋅ ACTIVE UNDER CONTRACT Status
This home would be an easy flip or a great property to add to your portfolio. This vinyl ranch-style home and completely remodeled 2/1 in Kirkwood! This property installed new vinyl siding and new windows back in 2019. The interior features beautifully finished hardwood floors and the kitchen comes complete with brand new white shaker cabinets, granite counter tops, back splash and stainless steel appliances. The bathroom has beautiful tile that surrounds the tub/shower, an updated vanity, and neutral colored tile flooring. The basement is complete except for a few places that need drywall and flooring. It also has a nicely finished bar area for excellent entertainment potential and it can also be transformed into a third bedroom. Home to be sold in current AS IS Condition. Seller will NOT provide or pay for any inspections or repairs. The plumbing lines do not hold pressure; water will not be turned on for inspections. Offers require buyer's lender per-qualification, cash offers required proof of funds. Seller does not pay customary closing cost including transfer fees, title policy fees, or escrow fees.

633 S Elliott Ave, Kirkwood
1700 Whispering Creek Dr Unit A, Ballwin
$182,000
2 Beds ⋅ 2 Baths ⋅ 26066260 MLS ⋅ ACTIVE Status ⋅ Spring Hill Farm Condo 24th BLDG.
Great Price for this 2 bedroom, 2 full bath home condo situated on a quiet sreet in Parkway Scool District. Due to safety concerns, the HOA removed the existing balcony. . This property may qualify for Seller Financing (Vendee). Property is sold in as is condition. Rent is not allowed in this complex

1700 Whispering Creek Dr Unit A, Ballwin
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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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