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Madison area REO properties

 

"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):

 

All ListingsUnder $100,000$100,000 - $200,000
$200,000 - $300,000$300,000 - $400,000$400,000 - $500,000
97 Properties Found. Showing Page 1 of 9
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Stunning Custom Built Craftsman Home On Large L...

$450,000
City: Middleton, WI
Beds: 4
Baths: 4
Type: Single Family
MLS® #: 1645314
Walk Score™: 9
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...

Photo of Listing #1645314

Well Built Ranch Style Home Facing South With P...

$409,900
City: Black Earth, WI
Beds: 3
Baths: 2
Type: Single Family
MLS® #: 1644816
Walk Score™: 12
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...

Photo of Listing #1644816

Don't Miss This Outstanding Value On Newer Town...

$364,900
City: Middleton, WI
Beds: 4
Baths: 4
Type: Single Family
MLS® #: 1637960
Walk Score™: 17
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...

Photo of Listing #1637960

Builders Spec Home That Never Sold Is Now Bank ...

$349,900
City: Oregon, WI
Beds: 4
Baths: 4
Type: Single Family
MLS® #: 1642977
Walk Score™: 12
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...

Photo of Listing #1642977

Spacious, All Brick Ranch. Almost Every Room H...

$340,000
City: Madison, WI
Beds: 6
Baths: 4
Type: Single Family
MLS® #: 1644869
Walk Score™: 52
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 ...

Photo of Listing #1644869

Freshly Painted And All New Carpet Throughout. ...

$339,900
City: Verona, WI
Beds: 5
Baths: 5
Type: Single Family
MLS® #: 1642778
Walk Score™: 31
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...

Photo of Listing #1642778

Serenity Now! 4097 Sqft Well Built Custom Home ...

$330,000
City: Cottage Grove, WI
Beds: 5
Baths: 3
Type: Single Family
MLS® #: 1645433
Walk Score™: 26
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...

Photo of Listing #1645433

Builders Spec Home That Never Sold, Now Bank Ow...

$299,900
City: Deforest, WI
Beds: 3
Baths: 3
Type: Single Family
MLS® #: 1641023
Walk Score™: 8
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...

Photo of Listing #1641023

Great Location! Located In The Heart Of The Ne...

$290,000
City: Madison, WI
Beds: 4
Baths: 2
Type: Single Family
MLS® #: 1639247
Walk Score™: 83
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...

Photo of Listing #1639247

Great Value In This Newer Contemporary Home On ...

$275,000
City: Cross Plains, WI
Beds: 5
Baths: 4
Type: Single Family
MLS® #: 1642507
Walk Score™: 28
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...

Photo of Listing #1642507

Lovely Newer Home In One Of Madison's Premier E...

$259,000
City: Madison, WI
Beds: 4
Baths: 3
Type: Single Family
MLS® #: 1642881
Walk Score™: 17
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...

Photo of Listing #1642881

Own Your Little Bit Of Country With This 24 Ac...

$244,900
City: Sun Prairie, WI
Beds: 5
Baths: 2
Type: Single Family
MLS® #: 1643698
Walk Score™: 0
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...

Photo of Listing #1643698

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.

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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.

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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