St. Johns County
Bank-Owned (REO) Homes in St. Johns County
0 homes · updated 20 minutes ago
Every St. Johns County listing whose MLS remarks say bank-owned, lender-owned, REO or HUD: homes a lender or the government took back and now sells through a listing agent, as-is, on its own contract forms (the MLS’s own condition field is masked in the IDX feed, so the remarks are the record).
How short sales, foreclosures and REO actually work here → · Buying a bank-owned home, step by step →
Short sales in St. Johns County · Foreclosures in St. Johns County
Bank-owned homes in Northeast Florida · Bank-owned homes in Jacksonville · Bank-owned homes in Nassau County
No matching homes are on the market right now.
Inventory changes daily — tell me what you’re after and I’ll watch for it.
This market, from the inside
REO is the most financeable kind of distressed purchase and the most process-bound. The guide linked below walks through the offer, the addenda and the inspection period.
Frequently asked questions
What is a bank-owned home in St. Johns County?
A home the lender took back at the foreclosure sale and now sells through a listing agent, flagged in the MLS as Real Estate Owned (REO). HUD-owned homes are the government’s version for FHA-insured loans. Both sell as-is on the seller’s contract forms, both can take financing in most cases, and both move on the seller’s timeline, which is slower than a private seller’s.
How do I make an offer on an REO?
Through the listing agent, on the bank’s addenda, usually with proof of funds or a pre-approval attached and a response window measured in business days rather than hours. Banks counter on price and strip contingencies, and the inspection period is the one to protect. I have the addenda read before the offer goes in.
Looking for bank-owned (reo) homes in St. Johns County?
I’ll send new listings the moment they hit the market and walk through the details that don’t show up in the MLS — water access, HOA rules, what a feature really costs to maintain.
Contact Krista