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Real Estate Owned (REO) Properties for Sale

We are now offering 3.99% fixed-rate FHA mortgages to qualified buyers for our real-estate owned properties.  Buyers must pay full price and must occupy the home. 

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.

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

  Alexander Gaston
  Brunswick Granville
  Buncombe Guilford
  Cabarrus Haywood
  Carteret Lee
  Caldwell Madison
  Catawba Mecklenburg
  Chatham Moore
  Cumberland New Hanover
  Davidson Pitt
  Davie Scotland
  Durham Stokes
  Franklin Wake
  Forsyth Wayne
 

Alexander

432 Brook Hollow Lane

Property Address:
432 Brook Hollow Lane
Taylorsville, NC 28681
3 BR / 2 BTH
Ranch home on a 1/2 acre lot. 2 car garage & back deck
3.99% FHA financing may be available!
$115,000

Realtor Information:
Georgiana Holland
Weichert, Realtors - Team Metro
828-304-1000

 
 

Brunswick

1007 Bridgeport Way

Property Address:
1007 Bridgeport Way
Leland, NC 28451
2 BR / 2 BTH
Perfect for the investor or handyman. Town home with brick construction.
$89,900

Realtor Information:
Bob McCorkle
Intracoastal Realty Corp.
910-509-2149
MLS# 447840

 
 

Buncombe

225 Appeldoorn Circle

Property Address:
225 Appeldoorn Circle
Asheville, NC 28803
2 BR / 2 BTH
Condo, Move-in Ready, Second Floor
3.99% FHA financing may be available!
$89,900 - Under Contract

Realtor Information:
Steve Hitesman
Beverly-Hanks & Associates
828-251-1800
MLS#: 444106

 
85 Walker Cove Road

Property Address:
85 Walker Cove Road
Black Mountain, NC 28803
3 BR / 1 BTH
Sits on a .66 acre lot. Has vinyl siding & eat-in kitchen.
$79,900

Realtor Information:
Mike Patterson
Beverly-Hanks & Associates
828-251-1800
MLS#: 464405

 
 

Cabarrus

1133 Brigadoon Court

Property Address:
1133 Brigadoon Court
Concord, NC 28025
3 BR / 2 BTH
Open floor plan, Spacious Closets, Fenced Yard
3.99% FHA financing may be available!
$112,000

Realtor Information:
Janet Sweeney
Allen Tate Company
704-367-5677
MLS#: 895632

 
 

Caldwell

1202 Grandview Place

Property Address:
1202 Grandview Place
Lenoir, NC 28645
2 BR / 1 BTH
Cute cottage available move-in condition. Perfect starter home. Private lot with fenced in back yard.
3.99% FHA financing may be available!
$38,000

Realtor Information:
Georgiana Holland
Weichert, Realtors - Team Metro
828-304-1009
MLS#: 9554030

   

Property Address:
910 Blue Sky Lane
Lenoir, NC 28645
3 BR / 1 BTH
$73,000 - Under Contract

Realtor Information:
Georgiana Holland
Weichert, Realtors - Team Metro
828-304-1009
MLS#: 9554032

 

Property Address:
2448 Mt. Herman Heights
Hudson, NC 28638
3 BR / 2 BTH
Split level floorplan. Large lot with fenced in back yard. Needs some TLC but priced right to sell.
$65,000

Realtor Information:
Georgiana Holland
Weichert, Realtors - Team Metro
828-304-1009
MLS#: 9554048

 
 

Carteret

303 Kevin Court

Property Address:
303 Kevin Court
Newport, NC 28570
3 BR / 2 BTH
Large fenced back yard. Stainless steel appliances, deck and playhouse. Needs some TLC.
$120,000

Realtor Information:
Tracy Campbell
Coldwell Banker First Realty
252-349-6059
MLS#: 10-2795

 
   

Catawba

5151 Canterbury Drive

Property Address:
5151 Canterbury Drive
Conover, NC 28613
2 BR / 1 BTH
Nice, neat ranch with 2 car garage. Handicapped assessable with 36" doorways and wide hall. Walk-in shower. Large lot with storage shed.
3.99% FHA financing may be available!
$94,900 - Under Contract

Realtor Information:
Georgiana Holland
Weichert, Realtors - Team Metro
828-304-1009
MLS#: 9553540

   
1327 Prince Street

Property Address:
1327 Prince Street
Hickory, NC 28602
3 BR / 1 BTH
Great backyard, low maintenance vinyl siding. Good condition but needs cosmetic work.
3.99% FHA financing may be available!
$69,900

Realtor Information:
Georgiana Holland
Weichert, Realtors - Team Metro
828-304-1009
MLS#: 9553239

 
 

Cumberland

5602 Denham Court

Property Address:
5602 Denham Court
Fayetteville, NC 28304
3 BR / 2.5 BTH
Nice corner lot, new paint, new carpet, sewer assessment paid
A Must-See. $1,000 appliance allowance.
3.99% FHA financing may be available!
$99,900 - Under Contract

Realtor Information:
Jim Spence
Townsend Real Estate
910-391-8300
MLS#: 339022

   
2531 Cameron Woods Lane

Property Address:
2531 Cameron Woods Lane
Fayetteville, NC 28306
3 BR / 2 BTH
Great open plan with finished bonus room. Great room has cathedral ceilings. Privacy fence in back. Two car garage.
3.99% FHA financing may be available!
$119,000 - Under Contract

Realtor Information:
Liz Hunt, GRI
Townsend Real Estate
910-797-3489
MLS#: 341930

 
   

Davidson

503 Eastwood Drive

Property Address:
503 Eastwood Drive
Lexington, NC 27295
3 BR / 1.5 BTH
Ranch home built with lots of charm.
3.99% FHA financing may be available!
$87,900 - Under Contract

Realtor Information:
Mike Messick
Allen Tate Company
336-714-9719

 
   

Davie

171 Summit Drive

Property Address:
171 Summit Drive
Mocksville, NC 27028
3 BR / 2 BTH
Ranch home built in 2007. Nice eat-in kitchen. Nice front porch & rear concrete patio. New appliances.
$99,000

Realtor Information:
Mike Messick
Allen Tate Company
336-714-9719
MLS# 574459

 
   

Durham

513 Hugo Street

Property Address:
513 Hugo Street
Durham, NC 27704
3 BR / 2 BTH
Brick ranch home with carport. Freshly painted interior.
$124,500 - Under Contract

Realtor Information:
Eileen Walsh
The Walsh Group
919-946-4999
MLS# 1725762

 
5 Gandhi Drive

Property Address:
5 Gandhi Drive
Durham, NC 27703
3 BR / 2.5 BTH
Fantastic home in the heart of RTP. Open floor plan, family room with gas fireplace.
3.99% FHA financing may be available!
$151,900

Realtor Information:
Eileen Walsh
The Walsh Group
919-946-4999
MLS# 1736214

 
 
   

Franklin

15 Millstone Drive

Property Address:
15 Millstone Drive
Franklinton, NC 27525
3 BR / 2.5 BTH
Adorable home with gas log fireplace and over an acre of land. Perfect starter home.
3.99% FHA financing may be available!
$109,000 - Under Contract

Realtor Information:
Eileen Walsh
Allen Tate Company
919-645-4292
MLS#: 1699005

 
 

Forsyth

2045 Ardmore Village Lane

Property Address:
2045 Ardmore Village Lane
Winston-Salem, NC 27127
3 BR / 2 BTH
Cute Cape Cod home close to area hospitals & mall. Main level master bedroom w/ large master bath & walk-in closet. Fenced back yard. Full front porch.
3.99% FHA financing may be available!
$119,900

Realtor Information:
Mike Messick
Allen Tate Company
336-714-9719
MLS#: 577868

   
433 Brookside Court

Property Address:
433 Brookside Court
Kernersville, NC 27285
3 BR / 2 BTH
Great condo for the price! Good location with easy access to major highways. 3BR, 2 full BA with 1 car detached garage.
$59,900

Realtor Information:
Mike Messick
Allen Tate Company
336-714-9719
MLS# 581425

   
3252 South Main Street

Property Address:
3252 S. Main Street
Winston-Salem, NC 27127
2 BR / 2 BTH
Cute cottage has a lot to offer. Wood floors, large kitchen & dining room, finished attic. Fenced yard and detached garage or workshop.
3.99% FHA financing may be available!
$114,900

Realtor Information:
Mike Messick
Allen Tate Company
336-714-9719
MLS# 582363

   
 

Gaston

1020 Courtney Cove Court

Property Address:
1020 Courtney Cove Court
Gastonia, NC 28052
3 BR / 2 BTH
Corner lot with side carport. Vaulted ceilings, garden tub with separate shower in master bath.
3.99% FHA financing may be available!
$119,000

Realtor Information:
Jane Sweeney
Allen Tate Company
704-367-5677
MLS# 926338

 
   

Granville

201 Korbin Court

Property Address:
201 Korbin Court
Creedmoor, NC 27522
3 BR / 2.5 BTH
Desirable Corner Lot, Great Floor Plan, 1 Car Garage
3.99% FHA financing may be available!
$115,000

Realtor Information:
Eileen Walsh
Allen Tate Company
919-645-4292
MLS#: 1691669

 
 

Guilford

3003 Verdant

Property Address:
3003 Verdant Way
Greensboro, NC 27406
3 BR / 2.5 BTH
In Green Crest. Open floor plan with privacy fenced yard.
3.99% FHA financing may be available!
$119,900

Realtor Information:
Mike Messick
Allen Tate Realtors
336-408-9820
MLS#: 579728

   
5236 Hilltop Road

Property Address:
5236 Hilltop Road
Jamestown, NC 27282
1 BR / 1 BTH
Well maintained 2nd floor condo. Good location; convenient to major highways and shops
$57,000

Realtor Information:
Mike Messick
Allen Tate Realtors
336-408-9820
MLS# 579740

 
 

Harnett

2278 Elliott Bridge Road

Property Address:
2278 Elliott Bridge Road
Bunn Level, NC 28323
3 BR / 2 BTH
Large Den w/Fireplace, Formal Living Room, Eat In Kitchen, Sep Laundry Room. Outside Storage Building
$120,000

Realtor Information:
Heck & Myrtle Furmage
Coldwell Banker Huff & Pennink Advantage
910-483-5353
MLS#: 345097

 
 

Haywood

15 5th Street

Property Address:
15 5th Street
Waynesville, NC 28786
2 BR / 1 BTH
Cute cottage with own separate apartment/studio. Wood floors.
3.99% FHA financing may be available!
$84,900 - Under Contract

Realtor Information:
Nancy McFall
Beverly-Hanks & Associates
828-452-5809
MLS#: 451300

 
   

Lee

2610 Sapona Circle

Property Address:
2610 Sapona Circle
Sanford, NC 27332
3 BR / 1.5 BTH
Cute one story home sitting on cul-de-sac. Den/office could be a 4th bedroom. Large laundry room. Priced below tax value.
3.99% FHA financing may be available!
$69,900 - Under Contract

Realtor Information:
Laura Lycans
Moore County Real Estate Brokers
910-315-6353
MLS#: 137317

   
2509 Brooks Drive

Property Address:
2509 Brooks Drive
Sanford, NC 27332
3 BR / 2 BTH
Hardwood floors. Fireplace in living room. New carpet & new paint. 1/2 acre lot in well maintained neighborhood.
$88,000

Realtor Information:
Laura Lycans
Moore County Real Estate Brokers
910-315-6353
MLS#: 138574

   
 

Madison

1148 Barnard Road

Property Address:
1148 Barnard Road
Marshall, NC 28753
2 BR / 1 BTH
Bungalow with pastoral views. Relatively open floorplan. Some rooms have ceiling heights under 7 ft. Minutes to the French Broad Rive for fishing and kayaking.
$34,900

Realtor Information:
Cory Adamski
Choice Mountain Properties
828-692-0879
MLS#: 469249

 
   

New Hanover

3901 River Front Place, Unit 103

Property Address:
3901 River Front Place
Unit 103
Wilmington, NC 28412
2 BR / 2 BTH
Ground level condo unit. Large master suite and bathroom. Has separate shower and garden tub. Has screened porch and gas log fireplace. Priced to sell.
$118,500 - Under Contract

Realtor Information:
Joyce Barnwell
Intracoastal Realty
910-617-7654
MLS#: 445222

   
2347 Adams Street

Property Address:
2347 Adams Street
Wilmington, NC 28401
4 BR / 2.5 BTH
Lovely 4 bedroom home, convenient to schools, city pool & park. 1 car garage and fenced back yard.
$139,900

Realtor Information:
Bob McCorkle
Intracoastal Realty
910-617-7654
MLS#: 448881

   
5324 Park Avenue, Unit A

Property Address:
5324 Park Ave, Unit A
Wilmington, NC 28403
3 BR / 2 BTH
This home is perfect for an investor. First level condo with low HOA dues.
$79,900

Realtor Information:
Bob McCorkle
Intracoastal Realty
910-617-7654
MLS#: 450131

 

Pitt

201 Staffordshire Road

Property Address:
201 Staffordshire Road
Greenville, NC 27834
3 BR / 2 BTH
Belvedere location. Split level with lots of room. 2 car garage and corner lot.
3.99% FHA financing may be available!
$159,000

Realtor Information:
Jim Weese
Aldridge & Southerland Realtors
800-541-5182
MLS#: 94994

 
 
 

Scotland

11540 Mistletoe Drive

Property Address:
11540 Mistletoe Drive
Laurinburg, NC 28352
3 BR / 2 BTH
Ranch style 1800 sq ft home sitting on 1/2 acre lot.
3.99% FHA financing may be available!
$93,900

Realtor Information:
Betty Maxwell
Maxwell Hometown Realtors
910-738-9958
MLS#: 10-473

 
   

Stokes

203 Merrydale Drive

Property Address:
203 Merrydale Drive
King, NC 27021
3 BR / 2 BTH
Nice 1500 sq ft home with in-ground swimming pool. Great location.
$115,000

Realtor Information:
Mike Messick
Allen Tate Company
336-714-9719
MLS#: 563098

 
   

Wake

111 Indian Trail

Property Address:
111 Indian Trail
Wendell, NC 27591
3 BR / 1 BTH
Nice quiet neighborhood. Screened back porch.
3.99% FHA financing may be available!
$69,000

Realtor Information:
Eileen Walsh
Allen Tate Company
919-645-4292
MLS#: 1721339

 
   

Wayne

102 Moore Allen Street

Property Address:
102 Moore Allen Street
Dudley, NC 28333
3 BR / 1 BTH
Nice house but needs some TLC. Buyers have opportunity to "make it their own" with their own touches.
$64,000

Realtor Information:
David Kornegay
Kornegay Realty
919-738-3982
MLS#: 54064

 
   

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