Madison area REO properties
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"REO" stands for "Real Estate Owned". It’s what appears in the line on the lending institution’s asset sheet that describes these properties. REOs are also referred to as bank-owned properties, foreclosed homes, foreclosures, or repossessed properties. Please note that many foreclosed homes need work, are typically "as is" sales, and can be a long process to buy compared to buying from a private seller.
Madison area REOs for sale
Below are all the residential single-family homes and condominiums currently being marketed as REOs (bank-owned) and foreclosures in Black Earth, Blue Mounds, Cambridge, Cottage Grove, Cross Plains, Deforest, Fitchburg, Madison, Mazomanie, McFarland, Middleton, Monona, Mount Horeb, Oregon, Stoughton, Sun Prairie, Verona, Waunakee, Westport, Windsor, Shorewood Hills,and Maple Bluff (note: some villages and municipalities listed may not have short sales at all times):
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| All Listings | Under $100,000 | $100,000 - $200,000 |
| $200,000 - $300,000 | $300,000 - $400,000 | $400,000 - $500,000 |
Stunning Custom Built Craftsman Home On Large L...
- Price:
- $450,000
- City:
- Middleton
- Beds:
- 4
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1645314
- Walk Score™:
- 9
- Provider:
- Century 21 Affiliated
Stunning Custom Built Craftsman Home On Large Lot Just Outside Middleton! Hardwood Floors, Huge K...
Well Built Ranch Style Home Facing South With P...
- Price:
- $409,900
- City:
- Black Earth
- Beds:
- 3
- Baths:
- 2
- Type:
- Single Family
- MLS® #:
- 1644816
- Walk Score™:
- 12
- Provider:
- United Country-bender & Assoc
Well Built Ranch Style Home Facing South With Passive Solar Windows, Hickory Floors On Main Level...
Don't Miss This Outstanding Value On Newer Town...
- Price:
- $364,900
- City:
- Middleton
- Beds:
- 4
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1637960
- Walk Score™:
- 17
- Provider:
- First Weber Group Inc
Don't Miss This Outstanding Value On Newer Town Of Middleton Home. Tiled Foyer Is Adjacent To Th...
Builders Spec Home That Never Sold Is Now Bank ...
- Price:
- $349,900
- City:
- Oregon
- Beds:
- 4
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1642977
- Walk Score™:
- 12
- Provider:
- Restaino & Assoc
Builders Spec Home That Never Sold Is Now Bank Owned & Priced $75k Under Assessed Value. Nestled...
Spacious, All Brick Ranch. Almost Every Room H...
- Price:
- $340,000
- City:
- Madison
- Beds:
- 6
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1644869
- Walk Score™:
- 52
- Provider:
- Century 21 Affiliated
Spacious, All Brick Ranch. Almost Every Room Has Built-in Closets & Bookcases Or Dressers. The ...
Freshly Painted And All New Carpet Throughout. ...
- Price:
- $339,900
- City:
- Verona
- Beds:
- 5
- Baths:
- 5
- Type:
- Single Family
- MLS® #:
- 1642778
- Walk Score™:
- 31
- Provider:
- Re/max Preferred
Freshly Painted And All New Carpet Throughout. Freddie Mac 1st Look Initiative (no Investor Off...
Serenity Now! 4097 Sqft Well Built Custom Home ...
- Price:
- $330,000
- City:
- Cottage Grove
- Beds:
- 5
- Baths:
- 3
- Type:
- Single Family
- MLS® #:
- 1645433
- Walk Score™:
- 26
- Provider:
- Prudential Community Realty
Serenity Now! 4097 Sqft Well Built Custom Home Sitting On 1 Acre Wooded Lot Priced To Move, Asses...
Builders Spec Home That Never Sold, Now Bank Ow...
- Price:
- $299,900
- City:
- Deforest
- Beds:
- 3
- Baths:
- 3
- Type:
- Single Family
- MLS® #:
- 1641023
- Walk Score™:
- 8
- Provider:
- Restaino & Assoc
Builders Spec Home That Never Sold, Now Bank Owned Priced $68,000 Under Assessed Value. Conserva...
Great Location! Located In The Heart Of The Ne...
- Price:
- $290,000
- City:
- Madison
- Beds:
- 4
- Baths:
- 2
- Type:
- Single Family
- MLS® #:
- 1639247
- Walk Score™:
- 83
- Provider:
- The Alvarado Group, Inc
Great Location! Located In The Heart Of The Near East Across From The Yahara River, Near Lake Mo...
Great Value In This Newer Contemporary Home On ...
- Price:
- $275,000
- City:
- Cross Plains
- Beds:
- 5
- Baths:
- 4
- Type:
- Single Family
- MLS® #:
- 1642507
- Walk Score™:
- 28
- Provider:
- Century 21 Affiliated Roessler
Great Value In This Newer Contemporary Home On Large Site With A Wooded Backdrop. Multiple Level...
Lovely Newer Home In One Of Madison's Premier E...
- Price:
- $259,000
- City:
- Madison
- Beds:
- 4
- Baths:
- 3
- Type:
- Single Family
- MLS® #:
- 1642881
- Walk Score™:
- 17
- Provider:
- Century 21 Affiliated
Lovely Newer Home In One Of Madison's Premier East Side Neighborhoods. Open Floor Plan, Fantastic...
Own Your Little Bit Of Country With This 24 Ac...
- Price:
- $244,900
- City:
- Sun Prairie
- Beds:
- 5
- Baths:
- 2
- Type:
- Single Family
- MLS® #:
- 1643698
- Walk Score™:
- 0
- Provider:
- First Weber Group Inc
Own Your Little Bit Of Country With This 24 Acre Farmette In Rural Sun Prairie Just 20 Minutes F...
More Madison WI distressed property listings
Can't find what you're looking for? Try our Greater Madison short sales page or call 608.628.9701 for assistance. Alternatively, fill out the short contact form below and we'll be in touch to discuss.
Help for struggling Madison area home owners
If you find yourself struggling to afford your mortgage, Lake & City Homes Realty will be happy to provide you with a free comparative market analysis (CMA). This document helps you and your lender determine the current market value of your home, making it easier for you to obtain a principal forbearance or short refinance or to proceed with a short sale. You can also use a CMA to determine whether you qualify for refinancing or to prove that you owe the bank more than your property is worth. Homeowners interested in cashing out their equity by listing and selling their property can benefit from a CMA as well. Contact Lake & City Homes for assistance, call 608.230.5553 or fill out our request a CMA form.
Bookmark Madison area REO properties
Need more information about REOs and bank-owned properties? No question is too big or small. Call us today at (608) 628-9701 or fill out the short form below and we'll be in touch.
DISCLAIMER: Information is supplied by seller and other third parties and has not been verified.The IDX information being provided is 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.
Data provided by the South Central Wisconsin MLS as of 02/04/2012.
Copyright 2012 – (South Central Wisconsin MLS) – All Rights Reserved

















