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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 Hoke
  Burke Johnston
  Cabarrus Mecklenburg
  Caldwell Nash
  Catawba Onslow
  Chowan Polk
  Craven Rowan
  Cumberland Surry
  Forsyth Wake
  Guilford Wilson
  Harnett Yadkin
     
   

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.
$64,900

Realtor Information:
Sandy Ellington-Graves

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

 
   

Burke

211 Mountain View Drive

Property Address:
211 Mountain View Drive
Morganton, NC 28655
3 BR / 2 BTH
Cute 3BR/2.5BA home convenient to interstate 40. Home offers living room with hardwood floors, kitchen area with ample cabinet space and laundry to left of kitchen. Basement area with living space, 1BR and 1.5 Bath. Nice curb appeal with double carport and wrap around front porch. Home appears to have been remodeled in the last 5-6 years. Great starter home.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$79,900 - Under Contract

Realtor Information:
Tim Truitt

WNC Real Estate, Inc.
828-443-6345
MLS#: 25844

 
   

Cabarrus

1100 Indiana Street

Property Address:
1100 Indiana Street
Kannapolis, NC 28083
3 BR / 2 BTH
Hurry this one will not last. Adorable 3 bedroom 2 bath home with split floor plan. Home features laminate wood floors in kitchen and master bath. Large master bath with separate tub/shower. Plenty of cabinets and counter space in kitchen. Priced to sell quickly.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$89,900

Realtor Information:
Nettie Bergh

Allen Tate Company
980-521-4893
MLS#: 3031256

 
   

Caldwell

1838 Connelly Springs Road

Property Address:
1838 Connelly Springs Road
Lenoir, NC 28645
3 BR / 1 BTH
Nice little brick ranch convenient to Hickory or Lenoir. Home has single carport, very large back yard and good curb appeal. Home has had some updates over the years with replacement windows and updated bathroom. Living room has hardwood floors and fireplace. This home is perfect for a retiree or small family.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$67,500

Realtor Information:
Tim Truitt

WNC Real Estate, Inc.
828-443-6345
MLS#: 26555

   
 

Catawba

603 29th Ave, NE - Unit 117

Property Address:
603 29th Avenue, NE
Unit 117

Hickory, NC 28601
3 BR / 2 BTH
Well maintained, one level townhouse in NE Hickory's Pebble Creek. 2BR/2BA with fireplace, garage and spacious kitchen. Convenient to shopping, dining, Hwy 127 and I-40.
$124,900

Realtor Information:
Meredith Carswell

Weichert Realtors - Team Metro
828-304-1000
MLS#: 9579277

   
4072 Robins Lane

Property Address:
4072 Robins Lane
Conover, NC 28613
3 BR / 2 BTH
Great looking brick house in very well kept neighborhood. This is not your typical bank owned house because this home is in remarkably well condition. Enjoy the covered front porch and along with a double garage for additional storage. The home is move in ready with newer carpeting in bedrooms and interior paint. This one level home has a split bedroom floor plan with a large master bedroom and mater bath. The kitchen has all of its appliances and plenty of cabinet space. Rear deck is great for entertaining.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$114,900 - Under Contract

Realtor Information:
Tim Truitt

WNC Real Estate, Inc.
828-443-6345
MLS#: 26412

   
 

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.
$47,500

Realtor Information:
Charlie Newsome

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

   
 

Craven

318 Rivershore Drive

Property Address:
318 Rivershore Drive
New Bern, NC 28560
3 BR / 1 BTH
This home offers lots of potential. It is conveniently located betwen Havelock and Cherry Point and is in the excellent rated Brinson schood district.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$69,900

Realtor Information:
Tema Barnes

First Carolina Realtors
252-671-9279
MLS#: 96157

   
 

Cumberland

621 Marshtree Lane, Unit 103

Property Address:
621 Marshtree Lane, Unit 103
Fayetteville, NC 28314
2 BR / 2 BTH
This is a great deal at Landfall Condos! Beautiful ground floor move in ready unit. 2 generous sized bedrooms and a master en-suite bath. Open concept living areas with 9 foot ceilings, neutral paint, and carpeting. Nice patio area just off of the living room. Convenient to Fort Bragg and all major shopping areas.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$69,900

Realtor Information:
Barry Mulhearn

Premier Advantage Realty
910-738-3441
MLS#: 4121595

   
 

Forsyth

1433 Chelsea Street

Property Address:
1433 Chelsea Street
Winston-Salem, NC 27103
3 BR / 1 BTH
Convenient location for this three bedroom house with an extra den and screen porch. Needs TLC but could be very cute. Well below tax value. Come see it today!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$59,900

Realtor Information:
Jonathan Key

Allen Tate Company
336-918-0226
MLS# 721938

   
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.
$117,500

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 722763

   
310 Meadows Circle

Property Address:
310 Meadows Circle
Winston-Salem, NC 27104
2 BR / 2 BTH
Move-in ready upper level condo. Great neighborhood with Pool, Great entertaining space with fireplace in living room. Dining room just off kitchen. Large master bedroom with walk in closet and bath. Second bedroom has french doors and exit to porch. Neighborhood is convenient to shopping, schools, parks and transportation.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$64,900

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS# 723082

   
3732 Foxton Drive

Property Address:
3732 Foxton Drive
Winston-Salem, NC 27105
3 BR / 2 BTH
Very cute with nice updates. Beautiful laminate hardwoods in living room. Tile in Kitchen and baths. Carpet cleaned. Fresh interior paint. Wood burning fireplace. Mosaic tile backsplash in Kitchen. Ready to move in. Why wait?
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$84,900

Realtor Information:
Jonathan Key

Allen Tate Company
336-918-0226
MLS# 723892

   
5110 Poppy Lane

Property Address:
5110 Poppy Lane
Winston-Salem, NC 27105
3 BR / 2 BTH
Nice corner lot with great fenced backyard and large patio. Open airy feel to large living room, dining, and kitchen areas. Convenient to schools, shopping and recreation. Come see 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# 717369

   
 

Guilford

816 Hopewell Street

Property Address:
816 Hopewell Street
High Point, NC 27263
3 BR / 2 BTH
Move-In Condition!!. Master Bedroom on Main Level. Master Bath looks like new incudes double vanity & tub. Second bath on 2nd level looks like new & includes double vanity & tub. Kitchen includes stove, microwave & dishwasher in good condition. Come see it today before it's gone!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$84,900 - Under Contract

Realtor Information:
Janie Henderson

Allen Tate Company
336-549-5051
MLS#: 714674

   

 

131 James Road 3A

Property Address:
131 3A James Road
High Point, NC 27265
2 BR / 2 BTH
Beautiful 3rd floor condo with vaulted ceilings, arched windows,corner fireplace with gas logs, ceiling fans.. New Carpet and Freshly painted. Built in bookshelves, pantry, seperate laundry room. Kitchen includes refrigerator. MOVE IN READY!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$64,900

Realtor Information:
Janie Henderson

Allen Tate Company
336-549-5051
MLS#: 718476

   
 

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.
$84,900

Realtor Information:
Laura Lycans

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

   
 

Hoke

9899 Rockfish Road

Property Address:
9899 Rockfish Road
Raeford, NC 28376
3 BR / 2 BTH
Great 3 bedroom 2 bath ranch style house with a 1 car attached garage. Perfect for those looking to downsize or the buyer willing to invest some sweat equity. Country living without the remote and isolated feeling. Fayetteville and Hope Mills are a quick trip. Mature trees shade the large rear yard.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$54,900

Realtor Information:
Barry Mulhearn

Coldwell Banker Premier Team Realty
910-738-3441
MLS# 14-499

   
 

Johnston

26 North Fred Circle

Property Address:
26 North Fred Circle
Kenley, NC 27542
3 BR / 2 BTH
This home was built in 2007 and has been freshly painted with new carpet installed. It is just waiting for its next owner. Is that you? The home features a fireplace, ample natural light, a 2 car garage and a large lot.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$124,900 - Under Contract

Realtor Information:
Susan Farfour

The Cardinal Group
919-738-3219
MLS# 62934

   
 

Mecklenburg

4204 Spring Oak Drive

Property Address:
4204 Spring Oak Drive
Charlotte, NC 28208
3 BR / 2 BTH
Great location only minutes to uptown, I-77, recreation, shopping, and entertainment. New interior wall paint and carpeting, 3BD/2FB, newer construction, Saussy Burbank built home, bright & light floor plan, amazing price for this home! Located in House Charlotte eligible neighborhood, investor offers welcome with no wait period.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$99,900

Realtor Information:
Thom Perkins

Allen Tate Company
704-367-7319
MLS# 3044125

   
 
Featued Property

Nash

202 Cypress Court

Property Address:
202 Cypress Court
Nashville, NC 27856
3 BR / 2 BTH
Beautiful home in a cul-de-sac location. Freshly painted interior. Nice fireplace with gas logs and built-in bookcases. Priced to sell!
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$129,900

Realtor Information:
Connie Sherrod

The Chesson Agency
252-399-3566
MLS# 51941

 
   
753 Cedarbrook Drive

Property Address:
753 Cedarbrook Drive
Rocky Mount, NC 27803
2 BR / 1 BTH
Built in 1950, this cute cottage offers more room than you might think. There is also a single car detached garage. Priced to sell quickly. Don't miss this opportunity.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$34,900

Realtor Information:
Connie Sherrod

The Chesson Agency
252-399-3566
MLS# 51963

   
 

Polk

75 View Street

Property Address:
75 View Street
Columbus, NC 28722
3 BR / 2 BTH
Cute 3 bed/2 bath bungalow on over 1 wooded acre within a 10-minute walk to downtown Columbus. Features of this home include an eat-in kitchen, laminate floors throughout most of home, large attached 2-car carport, unfinished/daylight/walk-out bsmt, and gentle acreage.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.

$89,900

Realtor Information:
Corey Adamski

Benham Real Estate
828-231-4430
MLS#: 569221

 
 

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.

$80,000

Realtor Information:
Mike Chisholm

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

 
   

Surry

221 Patterson Avenue

Property Address:
221 Patterson Avenue
Mt. Airy, NC 27030
2 BR / 1 BTH
Cute 2 bedroom/1 bath home near downtown Mt. Airy. Large living room, den with a fireplace, eat-in kitchen, partial bsmt w/french drain, vinyl windows in most rooms, front porch, & detached carport. Personal Property to Remain: Stove, refrigerator, & dishwasher.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$49,900

Realtor Information:
Eric Hodges

Hodges Realty
336-374-9658
MLS#: 71-251

 
 

Wake

6328 Alfalfa Lane

Property Address:
6328 Alfalfa Lane
Wake Forest, NC 27587
3 BR / 2 BTH
Great Location!! Hardiplank siding, rocking chair front porch, flat back yard,18x16 partially covered deck. Freshly painted interior. Storage house in rear. Master Bedroom has two closets. Relax in the master bath garden tub. This one won't last long.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$149,900 - Under Contract

Realtor Information:
Ray & Gloria Mayotte

Allen Tate Company
919-453-5066
MLS#: 1961829

   
4705-I Blue Bird Court

Property Address:
4705-I Blue Bird Court
Raleigh, NC 27606
2 BR / 2 BTH
Great Investment or first time homebuyer opportunity on this 2 bedroom condo.Close to NCSU.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$65,000 - Under Contract

Realtor Information:
Ray & Gloria Mayotte

Allen Tate Company
919-453-5066
MLS#: 1972176

 
   

Wilson

303 South Saratoga Street

Property Address:
303 South Saratoga Street
Stantonsburg, NC 27883
2 BR / 2 BTH
Charming brick ranch with fireplace. Perfect opportunity to improve upon the "good bones" with your special touches.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$49,900

Realtor Information:
Connie Sherrod

The Chesson Agency
252-399-3566
MLS#: 51386

 
   

Yadkin

3737 Robbins Lane

Property Address:
3737 Robbins Lane
Boonville, NC 27011
2 BR / 1 BTH
Solid Ranch home needing TLC. Open kitchen and den with fire place. Nice level lot with storage building and full basement. Private location at the end of street just blocks from downtown Boonville.
NCHFA will pay up to 3% of buyer's closing costs with acceptable offer.
$37,500 - Under Contract

Realtor Information:
Dewey Linville

Allen Tate Company
336-423-9894
MLS#: 689557

 

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       What's New @ NCHFA

Buying a home? We now offer up to 5% down payment help!
Our N.C. Home Advantage Mortgage? offers competitive rates and down payment help up to 5% of the loan amount.
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