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
	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

back to top

Burke
	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

back to top

Caldwell
	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

	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

	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

back to top

Catawba
	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

back to top

Cumberland
	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

	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

back to top

Davie
	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

back to top
Durham
	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

back to top

Forsyth
	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

	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

	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

	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

	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

back to top

Greene
	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

back to top

Guilford
	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

	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

	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

	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

	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

	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

	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

back to top

Johnston
	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

	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

back to top

Mecklenburg
	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

back to top


Nash
	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

back to top

Orange
	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

back to top

Rockingham
	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

back to top

Rowan
	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

	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

back to top

Union
	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

	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

back to top

Wake
	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

back to top

Wayne
	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

back to top

Wilkes
	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

back to top