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For Sale: What Recapture Means for You

Lo que Significa la Recaptura para Usted


Real Estate Owned (REO) Properties for Sale

Our mission is to provide housing for North Carolinians not served by the market.  While achieving success in this goal, we occasionally need to foreclose on properties.  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.

We are offering a special 3.25% FHA financing for qualified buyers of the Agency-owned REO properties.  Buyer and properties must meet FHA credit and property standards.  To be eligible for the special financing, buyers must pay full price and occupy the home as their primary residence.  The buyers do not have to be first-time home buyers or meet income or sales price limits.

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

  Brunswick Johnston
  Burke Mecklenburg
  Caldwell Nash
  Catawba Orange
  Cumberland Rockingham
  Davie Rowan
  Durham Union
  Forsyth Wake
  Greene Wayne
  Guilford Wilkes
 

Brunswick

1001 Macklin Street

Property Address:
1001 Macklin Street
Leland, NC 28541
2 BR / 2 BTH
Lovely, well maintained townhome, conveniently located 5 minutes from downtown Wilmington. Two bedrooms/two baths with hardwood floors in the main living areas and tile in both bathrooms. Neighborhood features pool, tennis and clubhouse. This home is priced to sell. Check out the vaulted ceilings, recessed lighting, ceiling fans, internal smart wiring, screened porch, storage area and pull down attic. Great opportunity for first time buyers or investors.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$84,900

Realtor Information:
Joyce Barnwell
Intracoastal Realty Corp.
910-617-7654
MLS#: 487395

   
 

Burke

405 Laurel Street NE

Property Address:
405 Laurel Street NE
Valdese, NC 28690
3 BR / 2 BTH
Very cute brick home in Valdese! This 2 story home features a porch, patio, storage shed, updated kitchen and bath, replacement windows and more!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$74,900

Realtor Information:
Meredith Carswell

Weichert, Realtors - Team Metro
828-304-1000
MLS#: 9565474

   
 

Caldwell

300 Georgetown Road

Property Address:
300 Georgetown Road
Lenoir, NC 28645
2 BR / 1 BTH
Come see the beautiful mountain views from this nice split level, 3BR/2BA, in established neighborhood. Home is in good condition and within the city limits of Lenoir.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$87,900 - Under Contract

Realtor Information:
Meredith Carswell

Weichert, Realtors - Team Metro
828-304-1000
MLS#: 9563153

   
98 South Main Street

Property Address:
98 So. Main Street
Granite Falls, NC 28630
2 BR / 2 BTH
Quaint cottage with loads of curb appeal. Home has been recently painted and has some new light fixtures. Great potential as investment. Could be rezoned for a cute shop in that it is really close to downtown Granite.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$104,900

Realtor Information:
Nancy Plaster

Re-Max A-Team
828-244-3304
MLS#: 9567603

   
5136 Bloomfield Estates

Property Address:
5136 Bloomfield Estates
Granite Falls, NC 28630
3 BR / 1 BTH
Great investment property in Granite Falls! Good condition, 3BR/1BA on .47 acres. Foreclosure sold "As Is".
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$49,900

Realtor Information:
Meredith Carswell

Weichert Realtors - Team Metro
828-304-1000
MLS#: 9568551

   
 

Catawba

1714 Pioneer Drive

Property Address:
1714 Pioneer Drive
Newton, NC 28658
3 BR / 1 BTH
Nice split level but needs the finishing touches to make it your own. Priced to sell as is. Great investment opportunity.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$54,900

Realtor Information:
Meredith Carswell

Weichert Realtors - Team Metro
828-304-1000
MLS#: 9569251

   
 

Cumberland

3220 Shamrock Drive

Property Address:
3220 Shamrock Drive
Fayetteville, NC 28303
3 BR / 1 BTH
Nice 3 bedroom 1 bath brick ranch with a large family room that features a fireplace and access to to a deck that is perfect for outside entertaining. Hardwood floors in main living areas and a good sized kitchen that is open to the family room.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$64,900

Realtor Information:
Barry Mulhearn

Premier Advantage Realty
910-738-3441
MLS#: 13-136

   

713 Appalachin Drive

Property Address:
713 Appalachin Drive
Fayetteville, NC 28311
3 BR / 1.5 BTH
Great possibilities with this 3 bedroom 1 1/2 bath ranch house. Open concept kitchen/dining area. Large covered, enclosed, and screened patio area and fenced rear yard. Fully converted enclosed carport is heated/cooled living space.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$59,400

Realtor Information:
Barry Mulhearn

Premier Advantage Realty
910-738-3441
MLS#: 13-115

 
 

Davie

474 Mountview Drive

Property Address:
474 Mountview Drive
Mocksville, NC 27028
3 BR / 2 BTH
Cute 3 bedroom home with new paint and new carpet. It is ready for YOU to move in. This one won't last long in this spring market.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$79,900 - Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 666709

   

Durham

803 West Knox Street

Property Address:
803 West Knox Street
Durham, NC 27701
2 BR / 1 BTH
Bungalow style home on a corner lot, located just minutes from Duke at 9th Street, Shops, and Northgate Park. Great location in the Trinity Park Area. Hardwoods throughout living area and bedrooms. Kitchen with eat-in dining area. Large walk-in crawl space and attic for extra storage.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$139,900 - Under Contract

Realtor Information:
Nora Sienra

Allen Tate Company
919-428-6276
MLS# 1850539

   
 

Forsyth

1620 Cherry Blossom Lane

Property Address:
1620 Cherry Blossom Lane
Winston-Salem, NC 27127
2 BR / 2 BTH
Great condo in Holmes Creek! Large living room with fireplace and lots of natural light. Come see it today!
NCHFA 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# 658410

   
568 Brookside Court

Property Address:
568 Brookside Court
Kernersville, NC 27284
1 BR / 2 BTH
Cute condo in Century Park Townhomes. The carpet has been cleaned and home is ready for you to see. There is a covered patio with deck. You don't want to miss this opportunity for affordable housing. Convenient to Winston, Greensboro, highways, shopping and restaurants.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$34,900 - Under Contract

Realtor Information:
Jonathan Key

Allen Tate Company
336-918-0226
MLS# 656969

   
1789 Sterling Trails Court

Property Address:
1789 Sterling Trails Court
Winston-Salem, NC 27127
3 BR / 2 BTH
Quiet private setting convenient to shopping, schools and recreation. Great family home with lots of open space. Within minutes to the mall and hospitals. Ready to move in. Also features a rocking chair front porch, nice deck and garage. Go see today
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$99,900 - Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 652394

   
3120 Apollo Drive

Property Address:
3120 Apollo Drive
Winston-Salem, NC 27105
4 BR / 2 BTH
This home has lots of room with 4 bedrooms and room for a 5th bedroom. Great deck and yard for entertaining. Priced to sell.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$49,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 652577

   
311 Church Street

Property Address:
311 Church Street
Kernersville, NC 27284
3 BR / 2 BTH
Fresh Paint and New Carpet. Move In Ready. Convenient to Kernersville and the Triad. Open airy design with split bedroom plan. Large Kitchen/Breakfast area. Nice Level lot with Deck. Priced to Sell.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$97,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 669472

   
 

Greene

402 S. William Hooker Drive

Property Address:
402 South William Hooker Drive
Hookerton, NC 28538
3 BR / 1 BTH
Ranch home with 3 bedrooms on a corner lot. Appliances look new. Features hardwood floors, ceiling fans, built-in bookcase, nice dining nook and fireplace. Come see it today.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$59,900

Realtor Information:
Stan Cherry

Prudential Prime Properties
252-321-1990
MLS# 108574

   
 

Guilford

1421 Old Hickory Drive

Property Address:
1421 Old Hickory Drive
Greensboro, NC 274075
3 BR / 2 BTH
Neat as a pin. Ready to move in. New carpet and paint through out the home. Smell the new when you go in. Great home. Convenient to downtown Greensboro, shopping and recreation. Come see today.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$69,900 - Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 655772

   
2550 Ambassador Court

Property Address:
2550 Ambassador Court
High Point, NC 27265
2 BR / 2 BTH
Perfect hideaway at end of street community. Ready to move in. Convenient to the Triad shopping, schools and recreation. Single story design for easy access.
NCHFA 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#: 665832

   
7133-H W. Friendly Avenue

Property Address:
7133-H W. Friendly Avenue
Greensboro, NC 27410
3 BR / 2 BTH
Great location to the Triad. Convenient access to I40-I85, Kernersville, High Point, Winston-Salem. This second level three bedroom, two bath has a large living room with a fireplace and open porch. Priced to sell.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.

$74,900 - Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 659549

   
7108 W. Friendly Avenue, Unit 210

Property Address:
7108 W. Friendly Avenue, Unit 210
Greensboro, NC 27410
1 BR / 1 BTH
Great setting. Large bedroom and master bath. Living room, dining room combination with a kitchen bar. Convenient kitchen with everything within reach. Open porch just off living room. This Condo is a second level with good views and is conveninet to I 73 & I 40.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$69,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 654035

   
1311 McGuinn Avenue

Property Address:
1311 McGuinn Avenue
High Point, NC 27262
3 BR / 1 BTH
Great location. Convenient to shopping, schools and recreation. Near HPU campus. Home offers a great opportuinty for a first time home buyer or HPU student. Come see it today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$57,500 - Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 663286

   
114 Marywood Drive

Property Address:
114 Marywood Drive
High Point, NC 27265
3 BR / 2 BTH
Fresh paint, new carpet and ready for you. large deck. Large finished basement. (Ceiling height is 6'5") with woodstove. Sunroom not counted in the sq ft. Could be moved into today!. Sold as is.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$89,900

Realtor Information:
Jonathan Key

Allen Tate Company
336-918-0226
MLS#: 660820

   
5306 Weeping Cherry Drive

Property Address:
5306 Weeping Cherry Drive
Brown Summit, NC 27214
3 BR / 2 BTH
Ready to Move In. Fresh paint and New Carpet. Located in a Cul de Sac for privacy and little traffic. Large open Living room flow to Dining room and Kitchen.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$114,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 670124

 
 

Johnston

1281 Cornwallis Road

Property Address:
1281 Cornwallis Road
Garner, NC 27529
3 BR / 2 BTH
New paint, new carpet, and a fresh powerwash have this home looking great. Coming in your front door you will find a large family room with a vaulted ceiling and an awesome brick fireplace. Out back there is a two tiered deck which is perfect for entertaining.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$119,900

Realtor Information:
Jason Miller

Allen Tate Company
919-582-0166
MLS# 1880415

   
50 Trail Ridge Drive

Property Address:
50 Trail Ridge Drive
Benson, NC 27504
3 BR / 2 BTH
New carpet! New paint! This home is ready to go. It features a vaulted ceiling in the living room, a great front porch, and a large back yard.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$86,900

Realtor Information:
Jason Miller

Allen Tate Company
919-582-0166
MLS# 1884032

   
 

Mecklenburg

7425 Lancashire Drive

Property Address:
7425 Lancashire Drive
Mint Hill, NC 28227
3 BR / 2 BTH
Great freshly painted ranch in established neighborhood, open floor plan, large deck, perfect for a pool of your own. Gorgeous back yard and front yard are filled with large shade trees and large shed.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.$85,900 - Under Contract

Realtor Information:
Michael Calhoun

Allen Tate Company
704-729-4340
MLS#: 2115715

   
   
Featued Property

Nash

940 Pamela Lane

Property Address:
940 Pamela Lane
Rocky Mount, NC 27803
3 BR / 2 BTH
Enjoy this 3 bedroom ranch home in attractive neighborhood just off South Winstead/Beechwood and Bethlehem Roads. Come see it today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$74,900

Realtor Information:
Nancy Liipfert

Nancy Liipfert Associates, Inc.
252 937-7677
MLS#: 93108

 
   

Orange

104 A Weatherstone Drive A-4

Property Address:
104 A Weatherstone Drive A-4
Chapel Hill, NC 27514
3 BR / 2 BTH
Nice end unit with all new carpet.  Shade trees keep the home cooler on those hot summer days.  Come see today. 
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$104,900 - Under Contract

Realtor Information:
Nora Sienra

Allen Tate Company
919-428-6276
MLS#: 1850572

 
   

Rockingham

406 Cypress Drive

Property Address:
406 Cypress Drive
Reidsville, NC 27320
2 BR / 2 BTH
Great house with new carpet and paint. Lots of room! Basement is completed, just needs carpet in 3 rooms. 3rd and 4th bedrooms in basement are not counted in the square footage.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$74,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 632054

 
   

Rowan

1745 Hollywood Drive

Property Address:
1745 Hollywood Drive
Salisbury, NC 28144
2 BR / 1 BTH
Move in Ready!! Remodeled in 2006 with updated kitchen with stainless steel appliances, spacious closets, partial basement and large deck. Come see it today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$39,900

Realtor Information:
Daniel Almazan

Allen Tate Company
704-202-0091
MLS#: 212522

 
151 Pine Street

Property Address:
151 Pine Street
Badin, NC 28009
2 BR / 1 BTH
Nice hardwood floors and new windows. Close to lake access. Priced to sell! Check out the photos on the realtor's website today.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$59,900

Realtor Information:
Sandy Anderson

Allen Tate Company
704-467-7988
MLS#: 2133961

 
   

Union

1014 Magna Lane, Unit 181B

Property Address:
1014 Magna Lane, Unit 181B
Indian Trail, NC 28079
3 BR / 2 BTH
You only need to bring your things to move in when you find this gem. Great 3 BR Taylor Glenn townhome. Fresh paint and fabulous location at a fantastic price.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$114,900 - Under Contract

Realtor Information:
Michael Calhoun

Allen Tate Company
704-729-4340
MLS#: 2119322

   
4600 Red Tail Hawk Lane

Property Address:
4600 Red Tail Hawk Lane
Waxhaw, NC 28173
2 BR / 2 BTH
Country setting at its best! Nice 2 bedroom, 2 bathroom home on cul-de-sac. .92 acres Large storage shed in fenced backyard. Spacious family room with adjoining dining area. Eat in kitchen. Priced well below tax value, this is a gem in popular Union County!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$94,900 - Under Contract

Realtor Information:
Janet Sweeney

Allen Tate Company
704-877-9063
MLS#: 2119022

 
   

Wake

5108 Walton Hill Road

Property Address:
5108 Walton Hill Road
Knightdale, NC 27545
3 BR / 2 BTH
Great Ranch in good location. Living room w/gas log fireplace. Located within minutes of 264 bypass.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$79,900

Realtor Information:
Ray & Gloria Mayotte

Allen Tate Company
919-453-5066
MLS#: 1879239

 
   

Wayne

103 Fox Court

Property Address:
103 Fox Court
Dudley, NC 28333
3 BR / 1 BTH
Investor special!!! Nice little house sits in a cul-de-sac in Foxfire! Just needs a little lipstick to make it a nice family home. Outbuilding is HUGE and also has another attached storage area as well as a covered concrete pad for additional storage. HVAC is not in place...some electrical wiring in the outbuilding has been removed as well.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$39,900

Realtor Information:
Melanie Gates

Coldwell Banker Advantage
919-922-9035
MLS#: 58900

 
   

Wilkes

1420 Old Highway 60

Property Address:
1425 Old Highway 60
Wilkesboro, NC 28697
7 BR / 3 BTH
Large home with 7 bedrooms. Furniutre comes with the home! Do you have a large family, foster children, or just need some extra rooms? If so, we have the home for you! Lovely 1.3 acre lot. Come see it today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$159,500

Realtor Information:
Debo Cornett

Applefield Realtors
336-667-2254
MLS#: 58158

 
   

       For Your Home:

3.625%

For a 30-year fixed rate (minimum 60-day lock-in) without NCHFA down payment assistance funds.


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