Gulfport MS Foreclosures for Sale

The opportunity for finding great foreclosures for sale is growing in Gulfport, Biloxi, Ocean Springs and everywhere along the MS Coast. Foreclosure rates have risen over the past several months and new inventory is beginning to emerge. We are Realtors with an investment real estate background who know how to evaluate foreclosed homes for sale and their rates of return in Gulfport and beyond.

This great foreclosure for sale in Gulfport is almost 1500 sq. ft of heated and cooled space. It has 3 bedrooms, 2 baths, and features high ceilings and walk-in closets. The kitchen has granite countertops and solid wood cabinetry.

Located centrally in Gulfport, this foreclosed home for sale is just over 1 year old and was purchased originally by an investor for $189,000 and is now on the market for $109k at the time of this writing. Due to market rents falling over that time period here in south MS the investor was unable to rent the property at an amount sufficient to cover the mortgage, taxes & insurance. Therefore this new foreclosed home for sale in Gulfport has never been occupied – and it shows!

With the number of homes for sale in Gulfport MS steadily rising, foreclosures are being marketed at even further reduced rates. This is a great opportunity for investors to pick up homes for sale in centrally located areas at hugely discounted rates.

There are many great techniques to finding pre-foreclosure and short-sale homes for sale as well. For more information and individualized service give us a call or send us an email by clicking contact us. We know exactly what it takes to ensure you get the most out of your dollar when shopping for foreclosed homes for sale in Gulfport MS.