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Foreclosed homes in Idaho

Looking for foreclosed homes in Idaho? We have thousands of excellent homes for sale, including properties that are bank owned, short-sale, and other sale types. Use our unparalleled search engine to find homes right for you, today!

Foreclosed Homes in Idaho

All Listings Under $100,000 $100,000 - $200,000
$300,000 - $400,000 $500,000 - $600,000 $600,000 - $700,000
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Photo of Listing #98750192

2006 N Azurite Dr, Kuna, ID - $315,000

Residential, Single Family
  • 4 Beds
  • Baths
  • 2,030 SQFT
  • 7 DOM
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Beautiful Custom Home In Mineral Springs! This 4bed/2.5 Bath Home Boasts A Gorgeous Kitchen, Office, East Facing Back Yard For Summer Shade, And Over-sized 3rd Bay In Garage. Lots Of Value In This Well-priced Home!

Windermere Real Estate Professionals
Photo of Listing #98748753

605 W 1st Street, Fruitland, ID - $129,900

Residential, Single Family
  • 2 Beds
  • 1 Baths
  • 806 SQFT
  • 25 DOM
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This 2 Bedroom Home Is A Real Charmer! It Has Been Recently Updated With Plenty Of Natural Lighting. The High Ceilings Add Charm And Make This Home Feel Spacious & Open. The Kitchen Features A Beautiful Tile Backsplash With White Cabinets. Updat...

Equity Northwest Real Estate

711 Adell Ave., Filer, ID - $115,000

Residential, Single Family
  • 4 Beds
  • Baths
  • 2,190 SQFT
  • 25 DOM
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This Is A Great Investment Property. The Home Has Great Potential. Home Is Being Sold As Is In A Short Sale.

Keller Williams Sun Valley Southern Idaho

4106 W Bolton Dr, Eagle, ID - $549,900

Residential, Single Family
  • 3 Beds
  • Baths
  • 2,211 SQFT
  • 26 DOM
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Beautiful Waterfront Setting W Boise Foothill Views In Desirable Foxtail Sub. Superb Construction & Features Throughout W Custom Cabinets, Tile Flooring, Walk-in Spa-like Master Shower. Bosch Appliances W Granite, Quarts & Marble Countertops Throu...

RE/MAX Advisors
Photo of Listing #98747123

1740 Manzanita St, Twin Falls, ID - $155,000

Residential, Single Family
  • 3 Beds
  • 2 Baths
  • 1,876 SQFT
  • 41 DOM
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Very Large Home That Is Centrally Located By Canyon, Hospital, Walmart, Costco And Walgreens. You Can Spend Those Summer Evenings Walking, Hiking Or Kayaking On The Snake River. Manufactured Home On Foundation And Remodeled With Tile And Laminat...

Equity Northwest Real Estate - Southern Idaho
Photo of Listing #98746656

3710 E Man O War, Nampa, ID - $609,900

Residential, Single Family
  • 4 Beds
  • 3 Baths
  • 4,285 SQFT
  • 46 DOM
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Beautiful And Spacious Home. Resort Like Back Yard Featuring In-ground Pool, Hot Tub, Gardening Area And Extensive Easy Maintenance Landscaping. The Sun / Screen Porch Over Looks The Pool Area And Only Adds To The Charm. Kitchen Is A True Chefs Pa...

Mountain Realty
Photo of Listing #98742250

7585 E Charismatic, Nampa, ID - $575,000

Residential, Single Family
  • 4 Beds
  • Baths
  • 3,163 SQFT
  • 71 DOM
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Energy Star, Highly Efficient Home With Insulated Concrete Foam Construction! Wonderful Floor Plan, Ideally Set Up For Extended Family Living With Ada Accessibility And Private Bedroom With Full Bath And Walk In Hydrotherapy Tub. Upstairs Bedroom ...

Silvercreek Realty Group
Photo of Listing #98736197

601 Monroe St W, Kimberly, ID - $139,000

Residential, Single Family
  • 5 Beds
  • 3 Baths
  • 2,384 SQFT
  • 119 DOM
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Large Home With So Much Potential To Make It Your Very Own! Spacious Backyard With A Nice Sized Storage Shed/shop With Electricity For Your Storage And Hobby Needs.. This Home Holds Great Opportunity To Buy Affordably And Have Tons Of Space To Gro...

Coldwell Banker Canyonside Realty
Photo of Listing #98734516

1543 E 3rd Ave, Twin Falls, ID - $153,900

Residential, Single Family
  • 2 Beds
  • 2 Baths
  • 1,815 SQFT
  • 151 DOM
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Looking For Home In Twin Falls On .25 Acre This Is Your Home. Private Drive To Updated Home. Large Master Bedroom/bath. New Roof & Vinyl Windows In 2007. New Furnace, Air Conditioner & Water Heater 2014. Laminate Floors & Oak Cabinets Owner Says ...

Berkshire Hathaway HomeServices Idaho Homes & Properties

Idaho Foreclosure Statistics

Idaho recovered rather quickly from the economic crash of 2008, as far as foreclosure properties go compared to other states. While previously one of the states with the highest density of foreclosed homes, the numbers speak for themselves - in 2012, there were nearly 8,000 homes listed as foreclosed. The next year, however, there were only 4,081. If you are looking for those properties specifically, the Idaho counties with the highest foreclosure rates are Twin Falls, Camas, Ada, and Payette.

Foreclosed homes in Idaho range in value with from under $100,000 to over $500,000. One of the reasons foreclosed properties are often preferred is that they usually come at a lower price than strict retail value.

Buying an Idaho Foreclosure Home

Buying a foreclosed home? Make sure you know the process of buying a foreclosed homes beforehand, and what you can do to make the transaction as stress-free as possible. One of the first things that you should do before looking into any property is requesting a pre-approval letter from your lender. This can bypass certain complications that could arise later.

Certain sale types require different procedures and regulations, and sometimes a home doesn’t even need to be foreclosed for you to get a more affordable price. When a homeowner is faced with foreclosure, they may try to sell the home before the bank claims it so as to not lose the value of their home completely. This is known as a pre-foreclosure sale, and it allows a buyer some room for negotiations and the ability to work with another homeowner instead of the bank or mortgage company.  

Foreclosed homes in Idaho

Alternatively, there are short sales. A short sale is where the mortgage company in control of the home will accept less for the home than what is actually owed on the property. This type of sale benefits the previous owner by lessening the effect on their credit score than a complete foreclosure would create.

By far, the most common foreclosure sale type in Idaho is an auction. After a home is up for foreclosure, an auction date is set and the home will simply go to the highest bidder. Participating in an auction may allow the new owner to purchase the home with a significant discount, but the home will not come with a pre-sale inspection and is not open for negotiations for renovations in the home.

Process of Foreclosing home in Idaho

Idaho is a non-judicial foreclosure state, which simply means that a house does not need to go through court in order to become foreclosed. There still is, however, an extensive process that a home must go through in order to become foreclosed. It is initiated by the homeowner missing a payment on their mortgage. If this occurs, they will receive a notification that they have an allotted amount of time to make the payment before their home is claimed by the bank.  

If they do not make that allotted time, homeowners are mailed a Notice of Sale that their property will be marketed for sale. They are given a date and must vacate the premises by then. During this time, they are given the opportunity to make the payment for the mortgage needed or take the matter to court if they feel the need. If the homeowners cannot pay, then the home is marketed for sale by the bank, most of the time on Idaho’s Multiple Listing Service (MLS).

Why live in Idaho?

Idaho is one of the best states in the country, thanks to its impressive outdoor areas as well as eclectic cultural identity. Home to some of the most rugged landscape in the Pacific Northwest, including mountain passes, alpine lakes, dense forests, and blistering deserts, Idaho cities have both the remarkably rural and the completely urban.

If you are in the Boise area, try visiting Julia Davis Park, one of Boise’s largest green spaces and the home of four of Idaho’s most popular museums. This includes the Boise Art Museum, a nationally accredited art institution. Less than thirty minutes away is the Lucky Peak reservoir, a popular location for swimming and other water sports, like water skiing. Or maybe you’d rather enjoy taking in a show at the Idaho Shakespeare Festival located nearby, a 770-seat outdoor amphitheater with incredible shows every summer.

Interested in visiting Central Idaho? This beautiful area of the state is filled with national forest lands, including the Boise National Forest and the Sawtooth Mountains area. Over 60 percent of Idaho’s lands have been designated as national park land - and Idaho residents seem to enjoy every bit of it!

When you begin your home search, consider different home sales, including foreclosed homes in Idaho. Begin your home search through the MLS in Boise and other Idaho cities today.

http://en.wikipedia.org/wiki/Foreclosure
http://www.mbaa.org/files/ResourceCenter/ForeclosureProcess/JudicialVersusNon-JudicialForeclosure.pdf
http://www.realtytrac.com/statsandtrends/foreclosuretrends/id

IDX 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 November 19th, 2019 at 10:00pm MST.

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