Connect

Login using...

Dashboard

Find us on...

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
$200,000 - $300,000 $300,000 - $400,000
Map Save this Search
Sort listings by:New Listings First
Photo of Listing #98730298

520 N 9th Ave, Buhl, ID - $99,000

Residential, Single Family
  • 2 Beds
  • 1 Baths
  • 1,642 SQFT
View details More Photos Save

Location! Location! Location! This Cozy 2 Bedroom Is Within Walking Distance Of The Public Schools, City Park And Downtown Yet In A Nice Residential Neighborhood. Roomy Backyard For The Kids With Alley Access. Boasts A Warm Fireplace And Newer Nat...

Barker Realtors
Photo of Listing #98730193

17357 N Cody, Nampa, ID - $215,000

Residential, Single Family
  • 4 Beds
  • Baths
  • 1,573 SQFT
  • 1 DOM
View details More Photos Save

Great Price In A Fabulous Subdivision In A Well Sought Out School Zone. (vallivue) You Can't Find A 4 Bed/ 2.5 Bath, 3 Car Garage Home At This Price! Has Great Potential!! Needs Tlc (all Cosmetics) And A Handy Hard Worker With A Vision! Sold 'as...

RE/MAX Executives - Nampa

180 Cayuse Creek, Kimberly, ID - $294,900

Residential, Single Family
  • 4 Beds
  • 2 Baths
  • 1,864 SQFT
  • 11 DOM
View details More Photos Save

Stunning Home W/1864 Sqft Featuring 4 Beds And 2 Baths . Built By A Custom Home Builder Pg Construction Inc Showing Great Workmanship And Very Detail Oriented.. Great Split Floor Plan With A Large Master Bedroom, Master Bath Featuring A Tile Walk-...

Epic Realty LLC
Photo of Listing #98727976

419 W Carlton Ave, Meridian, ID - $339,900

Residential, Single Family
  • 5 Beds
  • 3 Baths
  • 3,770 SQFT
  • 18 DOM
View details More Photos Save

Pre-foreclosure Sale!! All Reasonable Offers Considered!!!!!! Beautifully Retro 1959 5br/3ba 3770sf Brick Rambler W/space For Everyone! Sweet Location Just Minutes Walk To Old Town Shops, Restaurants & Meridian Elementary! Superb Outdoor Living Sp...

Stewart Realty, LLC

5301 S Commanche Circle, Boise, ID - $365,000

Residential, Single Family
  • 4 Beds
  • 2 Baths
  • 1,906 SQFT
  • 28 DOM
View details More Photos Save

Need Almost An Acre And Barn For You Horses? Or Cows? (2 Large Animals Allowed) This .976 Acre Lot Is Looking For A New Owner That Wants To Give It Some Tlc. Plenty Of Room For Rv Parking And A Garden. Some Fruit Trees On The Property As Wel...

Silvercreek Realty Group

405 W 3rd N, Mountain Home, ID - $89,000

Residential, Single Family
  • 2 Beds
  • 1 Baths
  • 864 SQFT
  • 47 DOM
View details More Photos Save

Great For Investors. Cute 2 Bedroom, 1 Bath That Just Needs Some Tlc! Some Hardwood Floors, New Furnace, Ac And Water Heater In 2012. Large Lot. This Home Does Need Some Work But Would Be A Great Investement. Home Is Being Sold 'as Is' And Price...

CENTURY 21 Southern Idaho Realty

1110 Phelps Circle, Mountain Home, ID - $119,900

Residential, Single Family
  • 3 Beds
  • Baths
  • 1,310 SQFT
  • 59 DOM
View details More Photos Save

Nice Floorplan, Home Needs Some Work, Maybe Just Carpet & Paint Inside. Good Sized Living Room And Cozy Family Room With A Fireplace. Roof And Exterior Paint Unlikely To Pass Appraisal. Need Cash Or Renovation Loan.

Assist-2-Sell Your Choice Realty
Photo of Listing #314721

1122 Powers Ave, Lewiston, ID - $219,900

Residential, Single Family
  • 3 Beds
  • 1 Baths
  • 3,053 SQFT
  • 90 DOM
View details More Photos Save

Situated On .42 Of An Acre. Spacious Home W/ 3 Main Floor Bdrms, Lg. Closets And Doorways. Formal Entry, Updated Kitchen W/ Sunny Breakfast Nook. Over 3,000 Sq. Feet. Full Basement, Partially Finished. One Lg. Bonus Room, Lacks Legal Egress. Singl...

Assist 2 Sell Discovery Real Estate

302 Elk Creek Rd, Idaho City, ID - $207,000

Residential, Single Family w/ Acreage
  • 2 Beds
  • 2 Baths
  • 1,600 SQFT
  • 102 DOM
View details More Photos Save

Fixer Upper..

Real Estate by Design LLC

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 May 21st, 2019 at 5:37pm MDT.

Call Our Rapid Response 24/7 Agent 208.571.7145