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Welcome to |
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VIRGON Real Estate Solutions |
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Your Best Source for Real Estate Info & Agents in Tennessee!" |
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Government Foreclosures
Competition is Fierce! The foreclosure rate seems to be rising which is sad news for some but a greater
opportunity for the financially prepared investor. Take a look at these sites
and search for properties in your area!
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Government Property Sources |
- FDIC: Federal Deposit Insurance Corporation
The FDIC offers properties for sale and auction on their website.
- HomeSales.gov
"These previously owned homes are for sale by public auction or other method
depending on the property. Anyone can buy a home for sale by the U.S. Government,
but you must work with a real estate agent, broker or servicing representative
to submit an offer or bid."
- HUD Homes
Website of the US Department of Housing and Urban Development. If you want to
buy a HUD home, you need to contact a real estate broker in your area who is authorized
to sell HUD homes (most are). Your broker will submit a bid for you.
- The Department of the Treasury / IRS
Under authority of the Internal Revenue Code, the property described here has
been seized or acquired for nonpayment of internal revenue taxes and will be sold.
- SBA: Small Business Administration
Listings of SBA acquired properties around the US
- USDA: United States Department of Agriculture
Find pending foreclosures and acquired properties for sale by the USDA | |