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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 Guilford
  Avery Harnett
  Catawba Lee
  Chowan Lenior
  Cumberland Mecklenburg
  Davidson Onslow
  Davie Pender
  Durham Rowan
  Edgecombe Stanly
  Forsyth Wilson
     

Alamance

1506 West Webb Avenue

Property Address:
1506 West Webb Avenue
Burlington, NC 27215
3 BR / 1 BTH
Convenient home on corner lot close to downtown historic district! 3 beds/1 bath; living room with fireplace; sunroom; double carport; downstairs master bedroom; and close to Elon University! Come see it today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$54,900 - Under Contract

Realtor Information:
Sandy Ellington-Graves

Allen Tate Company
336-516-2348
MLS#: 83466

   
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!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$69,900

Realtor Information:
Sandy Ellington-Graves

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

   
1734 Parham Drive

Property Address:
1734 Parham Drive
Graham, NC 27253
3 BR / 1.5 BTH
Wonderful home just minutes to I-85/40! Spacious kitchen w/ plenty of cabinets & counter space, eat at bar, 2 pantry's, breakfast area & sep. dining room! Large living room w/ gas fireplace & built ins! Master bedroom has half bath w/ 2 more bedrooms for kids or guest! 2 level deck & a screened porch great for your next BBQ! Spacious fenced back yard great for the kids or dogs to play in! Make an appt. today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$114,900 - Under Contract

Realtor Information:
Laurie Welsh

Allen Tate Company
336-263-3543
MLS#: 761199

 
   

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.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$145,900

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

 
 

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. NCHFA will pay up to 3% for buyer's closing costs with acceptable offer. Call to see today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$54,900

Realtor Information:
Paul Carswell

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

   
 

Chowan

2633 Virginia Road

Property Address:
2633 Virginia Road
Edenton, NC 27932
3 BR / 1 BTH
Classic eastern NC farm house! Beautiful country setting with mature trees and a 1 acre yard. Modern kitchen, heat & air, and full bath. Durable metal roof. Wide covered front porch. Great price and piece of NC history. They don't build 'em like this anymore! Some TLC required.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$42,000 - Under Contract

Realtor Information:
Charlie Newsome

William E. Woods & Associates
252-207-7977
MLS#: 80680

   
 

Cumberland

3243 Gilbert Road

Property Address:
3243 Gilbert Road
Fayetteville, NC 28301
3 BR / 2 BTH
An excellent opportunity awaits the investor or talented DIY'er in Eastover. This 3 bedroom 2 bath house located in a quiet subdivision is in need of repairs, but is just a short drive to Fayetteville and Fort Bragg. The living room features a fireplace and the table space kitchen is generous in size. The owners bedroom has an ensuite bath. A large fenced in rear yard is perfect for entertaining. Sold As-Is, without warranty, representations, or repairs. Seller may pay up to 3% of buyers costs with acceptable offer.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$49,900

Realtor Information:
Barry Mulhearn

Coldwell Banker Premier Team Realty
910-738-3441
MLS#: 15-364

   
 

Davidson

29 Kirk Street

Property Address:
29 Kirk Street
Thomasville, NC 27360
3 BR / 2 BTH
Family Home in a great neighborhood. County Taxes. Large Living room/Kitchen combo with Island and pantry. Separate laundry room. Three large bedrooms with hall bath and master bath. Large two car garage with storage room. Large level fenced backyard. NCHFA may pay 3% toward buyer's closing costs with acceptable offer. Priced to sell make an offer today.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$99,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 760594

   

526 Arnold Road

Property Address:
526 Arnold Road
Lexington, NC 27295
3 BR / 2 BTH
Foreclosed home that has been beautifully renovated on the main level. Fresh paint throughout main level including trim and doors. New carpet in bedrooms. Living room features hardwood floors. Large kitchen with pantry. 2 Bay windows in Living Room & Master Bedroom. Full Basement with 2 large finished rooms. 2 car Garage Basement. Large fenced level back yard. Rocking chair front porch. NCHFA will pay 3% toward buyer's closing costs with acceptable offer.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$127,900 - Under Contract

Realtor Information:
Janie Henderson

Allen Tate Company
336-549-5051
MLS#: 761875

   
 

Davie

2067 US Highway 64

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. NCHFA will pay up to 3% closing costs with acceptable offer. Come see today and make an offer.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$94,900

Realtor Information:
Dewey Linville

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

   
 

Durham

3775 Guess Road, #42

Property Address:
3775 Guess Road, #42
Durham, NC 27705
2 BR / 2 BTH
Great Townhouse in North Durham. Huge living room with fireplace and open floor plan. Great location near Duke, I-85, hospitals, shopping.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$69,900 - Under Contract

Realtor Information:
Ray & Gloria Mayotte

Allen Tate Company
919-453-5066
MLS#: 1984893

   

2009 Aiken Avenue

Property Address:
2009 Aiken Ave
Durham, NC 27704
3 BR / 2 BTH
Freshly painted 3 bedroom 2 bath home near Highway 70 and Cheek Rd. Great home for 1st time buyers. Fenced yard with oversized deck.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$99,900 - Under Contract

Realtor Information:
Ray & Gloria Mayotte

Allen Tate Company
919-453-5066
MLS#: 2002911

   
 

Edgecombe

411 Windermere Circle

Property Address:
411 Windermere Circle
Gastonia, NC 28052
3 BR / 1 BTH
Great property for 203K financing. Some work needed. 3 Bedrooms, 2 Baths, traditional home with fenced back yard in a great neighborhood. Home features a fireplace and office-which could be a 4th bedroom. Seller will pay up to 3% in closing costs with acceptable offer.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$108,000 - Under Contract

Realtor Information:
Donna Dew

Century 21-The Combs Company
252-883-3515
MLS#: 97818

   
 

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?
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$109,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 722763

   
1232 Pleasantview Drive

Property Address:
1232 Pleasant View Drive
Winston-Salem, NC 27101
3 BR / 2 BTH
Great Family Home with two living rooms, large master bedroom with master bath, large kitchen/dining area with nearby bath. Two bedrooms separate from master. Upstairs room finished. Detached two car garage. Great backyard with dog run. High crawl space allows for storage. Well built solid home. NCHFA will pay up to 3% closing costs with acceptable offer. Come see and make an offer today.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$84,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 757277

 
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.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$135,000

Realtor Information:
Dewey Linville

Allen Tate Company
704-868-4188
MLS# 758461

 
 

Harnett

111 Dees Street

Property Address:
111 Dees Street
Lillington, NC 27546
3 BR / 2 BTH
This home has great potential and lots of room. Home has nice features but will need some work on the inside. Priced to sell in as is condition. Come see it today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$74,900

Realtor Information:
Laura Lycans

Sandhills Choice Realty, LLC
910-315-6353
MLS# 161696

   
 

Lee

3205 Foggy Mountain Loop

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. Seller will pay up to 3% in closing costs with acceptable offer. Come Take A Look!! SOLD AS IS...
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$94,900

Realtor Information:
Laura Lycons

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

   
 

Lenoir

4702 Mount Vernon Drive

Property Address:
4702 Mount Vernon Drive
Kinston, NC 28504
3 BR / 2 BTH
Cute starter home with 3 bedrooms and 2 full bathrooms. Brick veneer exterior. Home features a nice fireplace with brick chimney exposed inside. Use the back deck for entertaining your friends or just for a relaxing cook-out for yourself. Level yard. Home is ready for your finishing touches.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$64,900

Realtor Information:
Susan Farfour

The Cardinal Group
919-738-3219
MLS# 64388

   
   

Mecklenburg

3410 Broadwick Street

Property Address:
3410 Broadwick Street
Charlotte, NC 28213
2 BR / 2 BTH
Nice end unit with a two-story bump out bay window. Two upper bedroom suites, perfect set-up for roommates, both bedrooms have vaulted ceilings and walk-in closets, gas fireplace in the great room, nice sized dining area, kitchen has island and area for bar stools, laundry room and half bath down, private enclosed concrete patio, very light and bright with extra windows since it's a end unit. Convenient to University and I-485. Seller will pay up to 3% in closing costs with acceptable offer.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$96,900 - Under Contract

Realtor Information:
Thom Perkins

Allen Tate Company
704-651-8981
MLS#: 3071623

   
 

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.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.

$139,900

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

 
 

Pender

411 West Ashe Street

Property Address:
411 West Ashe Street
Burgaw, NC 28425
3 BR / 1.5 BTH
Calling all investors! Home is in need of some work, but could potentially be a great flip! Home has a metal roof, and replacement windows that were installed about 5 years ago. No HOA dues or fees.
$77,500

Realtor Information:
Joyce Barnwell

Intracoastal Realty Corp.
910-617-7654
MLS#: 523900

 
 

Rowan

708 North Salisbury Ave

Property Address:
708 North Salisbury Ave
Salisbury, NC 28146
2 BR / 1 BTH
Great buy in Granite Quarry! Fresh paint throughout. Great ranch floor plan with 3 bedrooms, great room with fireplace, eat-in kitchen, fenced backyard. Storage area off 1 car carport. Hardwood floors, tile in bath. Convenient to I-85. Is this your next home?
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.

$74,900 - Under Contract

Realtor Information:
Mike Chisholm

Allen Tate Company
704-786-6350
MLS#: 3046102

 
   

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.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$74,900

Realtor Information:
Nettie Bergh

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

 
   

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.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$97,500

Realtor Information:
Connie Sherrod

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

 
   

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