Boise Foreclosure Properties

Buying a Boise foreclosure property can be an excellent way to purchase a property below market value.  Idaho ranks among the top 10 for states with the highest foreclosure rate and over 40% of all sales last year in the city of Boise were ‘distressed’.  If you do your homework and are prepared when you submit your offer on a foreclosure property, the reward can be a great deal on a home, land, or on investment property in Boise. See how to lock in that bargain price- Buying Boise Foreclosures.

Boise Foreclosure Homes for Sale

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000
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705 Eastridge Place, Boise $369,900

  • 3 Beds
  • 2.5 Baths
  • 2,230 SqFt
  • 0.35 Acres

Amazing Views! Hilltop Property Offers 3 Bedroom 3 Baths, Stone Accented Fireplaces In Both Living And Family Rooms! Plenty Of Windows To Enjoy The Valley Views. Kitchen Offers Plenty Of Cabinet Space And Window Above Sink. Large Back Deck Great For Enterta...

Idaho MLS Re/max Executives
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20 Polecat Lane, Boise $297,000

  • 3 Beds
  • 3.0 Baths
  • 2,204 SqFt
  • 9.90 Acres

Unique Mountain Retreat! This Spacious Log Home Sits On Almost 10 Acres And Enjoys Long Range Mountain Views! Ideal Open Floor Plan Features Hardwood Floors, Exposed Log Walls, And Vaulted Ceilings. The Gourmet Kitchen Includes Granite Counter Tops, Wooden ...

Idaho MLS Idaho River Realty, Inc
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12500 W Auckland St., Boise $279,000

  • 4 Beds
  • 2.5 Baths
  • 2,376 SqFt
  • 0.20 Acres

Great Corner Lot Location In Rockhampton! The Spacious Open Kitchen Features Beautiful Wood Floors And A Full Stainless Steel Appliance Package. Separate Living And Family Rooms Offer Many Entertaining Possibilities. Huge Master Suite Includes High Ceilings...

Idaho MLS Idaho River Realty, Inc
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9112 W Maple Hill Dr., Boise $215,900

  • 3 Beds
  • 3.0 Baths
  • 2,612 SqFt
  • 0.10 Acres

3 Bd 3 Ba With Possible 4th Bd Down That Has Closet But No Window. Entry Through Private Courtyard! Upstairs Living Area Has Deck Access And Wood Fireplace. Kitchen Has Hardwood Floors & Tile Counters With Breakfast Bar To Formal Dining Area. Master Suite ...

Idaho MLS Coldwell Banker Tomlinson -nmm
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10930 W Sandhurst Dr., Boise $214,900

  • 5 Beds
  • 2.0 Baths
  • 2,671 SqFt
  • 0.18 Acres

Pc4729 5 Bd 2 Ba With New Carpet & Laminate Flooring, New Interior & Exterior Paint. Large Living With Formal Dining Space & Fireplace. Kitchen Has Breakfast Area, Breakfast Bar & New Appliances. 3 Bedrooms With Full Bath Complete The Upstairs. Downstairs H...

Idaho MLS Coldwell Banker Tomlinson -nmm
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4101 W Pinoak Ct., Boise $200,000

  • 3 Beds
  • 2.0 Baths
  • 1,570 SqFt
  • 0.18 Acres

Pc4847 3 Bd 2 Ba Single Level With Spacious Living Room Featuring Gas Fireplace With Brick Surround. Dining Open To Kitchen With Lots Of Hard Surface Counter Space And Pantry Has More Counters & Cabinets! Kitchen Has Refrigerator, Range, Microwave, Dishwash...

Idaho MLS Coldwell Banker Tomlinson -nmm
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3965 S Star Valley Street, Boise $180,000

  • 5 Beds
  • 2.0 Baths
  • 2,461 SqFt
  • 0.81 Acres

Huge Yard, Two Shops/sheds On Property. Room For All The Toys! Great Neighborhood And Large Family Home, Room To Roam. Irrigation Deliverable But Not Currently Working. Buyer Pays $300 Technology Fee At Closing.

Idaho MLS Silvercreek Realty Group
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5354 S Wagonmaster Pl, Boise $179,900

  • 3 Beds
  • 2.0 Baths
  • 1,216 SqFt
  • 0.28 Acres

Great Find In South East Boise Located On A Quiet Cul-de-sac. This 3 Bedroom 2 Bath Home Has Vaulted Living Room Ceilings And A Cozy Fireplace. Enjoy The Huge Backyard And Deck Area For Your Outdoor Enjoyment And Entertainment.

Idaho MLS Idaho River Realty, Inc
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2003 Cleveland Street, Boise $175,900

  • 3 Beds
  • 3.0 Baths
  • 1,744 SqFt
  • 0.24 Acres

Looking For A Extra Large Lot? This Cozy Home Is Situated On A 0.24 Acre Corner Lot And Features Hardwood Flooring In The Dining Room, Galley Style Kitchen For Quick Cleanup, Wood Deck, Partially Fenced Backyard, Spacious Utility/laundry Room, Storage Shed...

Idaho MLS Homes Online Realty
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6283 N Rumford, Boise $164,900

  • 3 Beds
  • 2.0 Baths
  • 1,244 SqFt
  • 0.11 Acres

This Home Is Unique In Its Quiet, Peaceful Location Surrounded By Mature Landscape At The End Of A Culdesac. You Won't Find Another Home Backing Up To A Large Grassy Private Common Area, That You Can Access From Your Back Gate. It's A Must See! Living Here ...

Idaho MLS Eagle Hills Property
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Boise ID Foreclosures and Short Sale Properties


High rates of ‘distressed’ sales
have been driving Boise real estate prices lower although different areas of the city have vastly different foreclosure rates.  There are 3 types of sales that fit this ‘distressed’ category; short sales, auctions, and bank owned foreclosures.  Usually when you hear the term ‘foreclosure’ it is referring to a property that the bank has taken back due to the inability of the owner to make payments and the property did not sell at auction.  They are also known as bank foreclosures or REO’s which stands for Real Estate Owned.  Since the bank or lender wants to recover as much of its investment as quickly as possible, foreclosures are often unloaded at significant discounts especially if it has been on the market for a while. 

Just because a property is bank owned it does not necessarily mean it is a bargain.  Sometimes a bidding war begins between buyers and drives up the price above the market value.  Do your homework on the neighborhood’s recent sales and have a feel for how much it is going to cost to get the property to your specifications.  Some REO’s may be in excellent shape and some may need significant repairs.  The process of purchasing a foreclosure property is similar to a traditional sale except for a few differences.  First of all, buyers need to be patient with the bank and expect 3-5 business days or longer for a response.  Always submit a loan approval letter with your offer or proof of funds to close if it is a cash offer.  Most banks will require this.  Secondly, banks usually are selling the property “as is” and will not agree to do any repairs.  Make sure your offer is subject to your approval of the home inspection to allow for you to back out if the repairs needed are too expensive or extensive.

 

 

View information and real estate listings in Boise Id & other Idaho communities.

Contact The Hughes Real Estate Group for more information or to view Idaho homes: (208) 571-7145.

Idaho MLSIDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.

Listing information last updated on September 27th, 2016 at 7:52am MDT.