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Real Estate Owned (REO) Properties for Sale

Our mission is to provide housing for North Carolinians not served by the market. While achieving success with this goal, on rare occasion  properties we've financed fall into foreclosure. As a result, we have investor-owned properties for sale.

The properties are not sold directly by North Carolina Housing Finance Agency.  If you find a property that you are interested in, please contact the real estate professional identified in the listing for more information.  Please note that the property list is updated twice monthly so the current list may contain properties already under contract or previously sold.

Also, unless otherwise noted, the homes are being sold “as is” so prospective buyers should plan to get a home inspection once their offer has been accepted. To find a home inspector in your area, consult the American Society of Home Inspectors.

Properties are added to our website as we are notified they are ready to be listed.  Updates to the listing amount and realtor’s contact information are updated once a listing agreement has been signed.  We strive to update our website twice a month.

Featured Property of the Month

  Alamance Nash
  Avery Onslow
  Caldwell Person
  Catawba Randolph
  Cumberland Robeson
  Davie Stanly
  Forsyth Wake
  Franklin Wilkes
  Guilford Wilson
  Lee  
   
     

Alamance

1305 Greenbriar Street

Property Address:
1305 Greenbriar St
Burlington, NC 27215
2 BR / 1 BTH
GREAT BUY on brick home w/ almost 1000 sq ft! 2 bdrms, kitchen & dining areas; 798 sq ft finished basement w/ flex room, 1/2 bath & exterior access! 8x12 wrkshp area; single garage; rear patio & fenced yard; minutes to I40/85!
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$65,900

Realtor Information:
Sandy Ellington-Graves

Allen Tate Company
336-516-2348
MLS#: 86063

   
 

Avery

125 Saskia Grove Road

Property Address:
125 Saskia Grove Road
Banner Elk, NC 28604
3 BR / 2.5 BTH
Ranch style home in a quiet neighborhood with mountain views and overlooking two ponds. Property includes a carport/small barn as well as two other outbuildings. Some recent repairs by the seller so the home is ready for someone's personal touch and TLC. Large attic with pull-down stairs and unfinished basement area means plenty of storage and even room for a workshop etc.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$119,900

Realtor Information:
Craig Carlson
Blowing Rock Investment Properties
828-773-7472
MLS#: 190835

 
 

Caldwell

2313 Olde Meadow Drive

Property Address:
2313 Olde Meadow Drive
Hudson, NC 28638
3 BR / 2 BTH
You won't have to think twice about the price on this hidden gem. Tucked away in the back of a culdesac, this home is private and move in ready! Featuring 3 beds, 2 baths on a split bedroom floor plan. The home has hardwoods throughout and they are in great shape. Double garage in the basement and the other half of basement is unfinished. Don't let this one slip by. Easily priced 20,000 cheaper than any other homes of similar size and condition.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$88,000 - Under Contract

Realtor Information:
Tim Truitt

WNC Real Estate Inc.
828-443-6345
MLS#: 28178

   
 

Catawba

1309 6th Avenue NW

Property Address:
1309 6th Ave NW
Conover, NC 28613
3 BR / 1 BTH
GREAT POTENTIAL in this 3BR/1BA fixer upper! Unheated addition would make great family room for extra living space. Deck on back. Call to see today!
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$44,900

Realtor Information:
Paul Carswell

Weichert Realtors-Team Metro
828-304-1000
MLS#: 9582218

   
1373 19th Avenue NE

Property Address:
1373 19th Ave NE
Hickory, NC 28601
3 BR / 1.5 BTH
Traditional brick ranch with fenced back yard and attached carport. Great investor potential / handyman special. Home is in need of repair - sold 'as is'. No repairs will be made. All information has been taken from public record, buyer agent to verify any / all systems. No inspections have been completed.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$54,900 - Under Contract

Realtor Information:
Wendy Hodel

Allen Tate
704-500-6707
MLS#: 3138113

   
 

Cumberland

5208 Spruce Drive

Property Address:
5208 Spruce Drive
Fayetteville, NC 28304
3 BR / 1 BTH
This updated move in ready 3 bedroom 1 bath ranch style home is priced thousands below tax value. An abundance of windows fills the home with natural light. The large living/dining area affords flexibility in use and furniture placement. A galley style kitchen offers plenty of room and lots of counter space. The three bedrooms are all generous in size. The bathroom is updated and modern. A large fully fenced rear yard affords privacy and space to host outdoor parties. Sold as-is.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$64,900

Realtor Information:
Barry Mulhearn

Coldwell Banker Premier Team Realty
910-738-3441
MLS#: 456018

   
 

Davie

Property Address:
2067 US Highway 64
Mocksville, NC 27028
3 BR / 1 BTH
Large level lot near I40. Large open airy living room, dining area and kitchen. Large den with full bath separated from three bedrooms and full bath. Covered deck on back of home. Enjoy a country setting with close access to Mocksville and near by to Winston-Salem and Statesville. Lots of room for garden, pool or other recreation. Come see today and make an offer.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$94,900 - Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 757781

   
 

Forsyth

2029 Truelove Lane

Property Address:
2029 Truelove Lane
Winston-Salem, NC 27127
3 BR / 2 BTH
Private setting yet convenient to schools, shopping, and dining. Large Living/Entertaining area, Large enclosed sunroom with tile floor. Large kitchen which exits on to small side porch. Entrance from garage. Needs TLC to make it yours. Why wait?
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$95,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 722763

   
1928 Lantana Drive

Property Address:
1928 Lantana Drive
Winston-Salem, NC 27127
2 BR / 2 BTH
This Duplex home offers a great opportunity to add your touch with a little TLC. A large Living Room with fireplace is open to the Kitchen. Two bedrooms and two baths offer privacy. A nice sunroom adjoins the Kitchen and then leads to a private deck. Twin Gardens is a limited access development and this home is on a cul de sac. Great opportunity to build equity. Price to sell. Seller may pay up to 3% closing costs with acceptable offer. Come see and make an offer today.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$59,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 780780

   
839 Laverton Lane

Property Address:
839 Laverton Lane
Rural Hall, NC 27045
3 BR / 2 BTH
Great Potential in a Great Neighborhood. Large open great room with fireplace that opens into a sun room overlooking the back yard and opens onto a nice deck. Layout of rooms are convenient. Fresh paint throughout with new carpet in Master Bedroom and second bedroom. Several new kitchen cabinets with marble counter tops. New French doors to Sunroom and new locks and deadbolts. Come see today. Priced to sell.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$104,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 769099

 
 

Franklin

156 Yuma Drive

Property Address:
156 Yuma Drive
Louisburg, NC 27549
3 BR / 2 BTH
Great Location and amenities. 3 bedroom 2 bath ranch on .68 acre. Open plan with fireplace in living room. Hardwood floors in living,dining and kitchen. Partially finished back porch not in square footage.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$125,900

Realtor Information:
Ray Mayotte

Allen Tate Company
919-453-5066
MLS#: 2027007

   
Featued Property

Guilford

3600 Throughbrook Court

Property Address:
3600 Throughbrook Court
Greensboro, NC 27405
3 BR / 2.5 BTH
Great Family Home on a corner lot with fenced back yard. Large open living room, kitchen with island. Family Den/Playroom adjoins Kitchen. Three large bedrooms on second level with closet laundry. Washer & Dryer included. Nine foot smooth ceilings, Ceiling Fans, Alarm System and Smoke Detectors.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$129,900- Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
704-868-4188
MLS# 758461

 
   
2929 Alamance Church Road

Property Address:
2929 Alamance Church Road
Greensboro, NC 27406
3 BR / 2 BTH
Great family home in a private setting yet convenient to schools, shopping and recreation. Split bedroom plan. Master Bedroom and Bath suite convenient to Den, Laundry and Kitchen. A large Living room allows entry from the front and back of the home. Bedroom 2 and 3 are carpeted and separated by a full bathroom. The den offers a large open space which is carpeted with a gas log fireplace. The backyard is wooded and fenced. Come make this home yours. Minor TLC at it is ready to move in.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$169.900- Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
704-868-4188
MLS# 767066

 

Lee

Property Address:
3205 Foggy Mountain Loop
Sanford, NC 27330
3 BR / 2 BTH
Some Paint and flooring will go a long way with this home. Located in a cute smaller well maintained neighborhood this home is waiting for you. You will find a nice roomy Living Room with a Fireplace, Bay Window w/sitting bench lots of natural light and an adjacent Dining Room. The Kitchen has a Breakfast Nook and a Pantry. The Master is large with its own Master Bath. Home is sitting pretty on a .69 Acre lot. There is plenty of room for a garden or play ground out back. Come Take A Look!! SOLD AS IS...
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$89,900 - Under Contract

Realtor Information:
Laura Lycons

Sandhills Choice Realty, LLC
910-315-6353
MLS# 163634

   

Property Address:
4719 Henley Road
Sanford, NC 27330
3 BR / 2 BTH
Great MODULAR Home on 1.62 acres. Formal Living Room, wood floors throughout, fresh coat of paint in most rooms. Screened Porch, Back Deck, 2 outbuildings all tucked back in a private location overlooking cleared pastures. The Master bath has a Garden Tub, 2 sinks, and a separate shower. A Family room features a fireplace & ceiling fan. Ceiling fans in all the bedrooms. Stove and Dishwasher in place.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$88,000 - Under Contract

Realtor Information:
Laura Lycons

Sandhills Choice Realty, LLC
910-315-6353
MLS# 170699

   
 

Nash

1934 Womble Road

Property Address:
1934 Womble Road
Nashville, NC 27856
3 BR / 2 BTH
Nice 1.5 story home located on over an acre lot. Home has vinyl siding and master bedroom downstairs. Two large bedrooms on second story. Home features rustic great room with brick fireplace, large eat-in kitchen and attached storage room.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$99,900

Realtor Information:
Connie Sherrod

Chesson Agency
252-399-3566
MLS# 53472

   
 

Onslow

100 Forest Bluff Drive

Property Address:
100 Forest Bluff Drive
Jacksonville, NC 28540
3 BR / 2 BTH
WOW, if it is space you are looking for your search is over this home has over 1900 square feet of living space. As you walk in the front door you are met with the warm and inviting laminate flooring that leads to the large living room that features a fireplace and ceiling fan. If that wasn't enough we also have a spacious 17X21 Family Room with would be perfect for entertaining. The kitchen is open to the dining area which just adds to the warm open feeling that this home offers. The three spacious bedroom have all just had new carpet installed, the master bedroom features a walk in closet, ceiling fan and the master bath has double sinks. You will love the spacious deck in the back yard for hosting those back yard cook outs for family or friends. This home has so much to offer at this price you just need to see it to believe it.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.

$124,900

Realtor Information:
Bob Jones
Berkshire Hathaway Homeservices Hometown Realtors
910-938-1976
MLS#: 167163

 
 

Person

Property Address:
830 Lucy Garrett Road
Roxboro, NC 27574
2 BR / 1 BTH
Great Location! Great starter home or add to your rental portfolio. Large back deck;2 car detached carport. Convenient to Durham, Roxboro and surrounding areas.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$49,900 - Under Contract

Realtor Information:
Tammy Snead

Pointe Realty
336-598-1442
MLS#: 2023139

 
 

Randolph

120 Columbus Avenue

Property Address:
120 Columbus Avenue
Archdale, NC 27263
3 BR / 2 BTH
Come See This Home Today. Fresh paint throughout, neat, clean and ready to move in. Three large bedrooms with two full baths. Open airy Living room with nice laminate flooring, Dining room and Kitchen. Kitchen opens onto a deck overlooking a large backyard. Rocking Chair front porch for entertaining runs the entire length of the home. Convenient to I85, shopping, schools and recreation. Priced to sell.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$99,900

Realtor Information:
Dewey Linville

Allen Tate
336-423-9894
MLS#: 770677

 
 

Robeson

4667 NC Hwy 41S

Property Address:
4667 NC Hwy 41S
Fairmont, NC 28340
4 BR / 2 BTH
Opportunities like this don't come around often and not at this price! Huge 4 bedroom 2 bath manufactured home built in 2008 with an open concept floor plan and gourmet style kitchen that's perfect for a growing family. Sited on 1.6 acres, this home contains many upgraded features not found in other houses. The generous sized owners bedroom has an attached bathroom with dual sinks, soaking tub, and separate shower. The three other bedrooms and a central hall bath are at the opposite side of the home. A large utility/mud room features a laundry sink and an area for the washer and dryer. Seller may contribute up to 3% towards buyers closing costs with acceptable offer. Seller to make no repairs-Sold AS-IS. This home is for SALE only. No rent, rent-to-own, or seller financing is available.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$74,900 - Under Contract

Realtor Information:
Barry Mulhearn

Coldwell Banker Premier Team Realty
910-738-3441
MLS#: 15-716

 
   

Stanly

545 Acorn Acres Road

Property Address:
545 Acorn Acres Rd
Norwood, NC 28128
3 BR / 1 BTH
Adorable 3 bedroom bungalow with waterview of Lake Tillery. Would make a nice weekend or vacation home for lake enthusiasts. Located only 3 1/2 miles from The Norwood Wildlife Landing which offers public boat ramp access. Also, located only approximately 3 1/2 miles from the Lake Tillery Marina which offers boat slip rentals, food and gas.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$69,900 - Under Contract

Realtor Information:
Nettie Bergh

Allen Tate Company
980-521-4893
MLS#: 3072102

 
   

Wake

2748 Andover Glen Road

Property Address:
2748 Andover Glen Road
Raleigh, NC 27604
2 BR / 2.5 BTH
2 Story Townhouse w/2 bedrooms 2.5 baths and loft/office area. Hardwood floors on first floor. 42" white cabinets, gas log fireplace and cathedral ceiling in living area and finished garage. Townhouse was sales center. Has many upgrades. Great home for a great price.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$129,900

Realtor Information:
Ray Mayotte

Allen Tate Company
919-453-5066
MLS#: 2020324

   
   

Wilkes

176 N. Brookview Road

Property Address:
176 N Brookview Road
North Wilkesboro, NC 28659
3 BR / 2 BTH
End of cul-de-sac privacy in Lynnwoode; All NEW replacement windows; NEW HVAC to be installed prior to closing; New paint throughout; Wood laminate in living/dining, new vinyl in kitchen/hallway, new carpet in bedrooms; fireplace in living room; alarm system; full bath & walk-in closet in master; dble garage on main(openers removed); large work/storage room at back of garage(use key); storage w/pull-down stairs over garage; large level yard; back deck(new stair rails); $35/yr fee(sign maintenance); pool/tennis assoc. available; priced below Tax Value.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$135,900- Under Contract

Realtor Information:
Debo Cornett

Homes of Wilkes
336-667-2254
MLS#: 61544

 
   

Wilson

2518 Winding Creek Drive

Property Address:
2518 Winding Creek Drive
Wilson, NC 27893
3 BR / 3 BTH
This 3 bedroom, 3 bath home is in MOVE-IN condition with new paint and cleaned carpet. The home is 1.5 stories with a fireplace in the living room. This one won't last long so come see it today.
Seller will pay up to 3% of buyer's closing costs with acceptable offer.
$94,900 - Under Contract

Realtor Information:
Connie Sherrod

The Chesson Agency
252-399-3566
MLS#: 53031

 
   

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The N.C. Housing Finance Agency is accepting applications for the 2016 Supportive Housing Development Program.
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