Bank-owned (REO) · My listing
$474,900 · 2 Elder Place, Palm Coast
3 bd · 2 ba · 2,242 sq ft · pool · corner lot · MLS FC320602
Listed by Dave Petkovsek, Realty Exchange · 386-627-3182
See photos and details
For asset managers & investors
Bank-owned, short sale and auction property, four counties, one page.
Last updated
Every short sale and bank-owned listing on the MLS, the county foreclosure auctions, and government-owned homes in Flagler, Volusia, St. Johns and Putnam. Counted, linked and sourced, so you can see the whole distressed market at a glance.
"I've been doing short sales since 1994 and REO since 1998. Closed 1,000+ REOs myself. Closed over 100 short sales."
I keep this page for the asset managers, servicers and investors I work with across Flagler, Volusia, St. Johns and Putnam. If you're looking at something here, call me before you bid or write an offer. I'll tell you what I know about the property and the street.
Dave Petkovsek, Real Estate Broker & Instructor, Realty Exchange · 386-627-3182 · REO, BPO & investor desk
On the MLS
Bank-owned homes and short sales for sale now
Live counts by county. Tap a number to open those listings in our MLS home search, with photos, prices, the listing broker and a map.
Source: Stellar MLS, through Realty Exchange's home search (realtyexchangefl.com). Counts as of October 25, 2026, refreshed every few hours. "Bank-owned / foreclosure" and "short sale" are the special-sale boxes the listing agent checks in the MLS. Many St. Johns and Putnam listings are only in the Northeast Florida MLS, so those two counties show fewer here.
My bank-owned listings
At the courthouse
Upcoming foreclosure auctions by county
All four counties sell foreclosures online through the Clerk of Court. Here's how many sales are on each calendar and when. Open the county calendar for the case details and opening bids.
Flagler
Online · Fridays · 11:00 AM ET
22sales scheduled in the next 30 days
- Fri Nov 67 sales
- Fri Nov 137 sales
- Fri Nov 208 sales
Volusia
Online · Most weekdays · 11:00 AM ET
74sales scheduled in the next 30 days
- Tue Oct 272 sales
- Thu Oct 293 sales
- Fri Oct 302 sales
- Mon Nov 22 sales
- Tue Nov 33 sales
- Wed Nov 43 sales
14 more dates
- Thu Nov 58 sales
- Fri Nov 65 sales
- Mon Nov 91 sale
- Tue Nov 103 sales
- Thu Nov 122 sales
- Fri Nov 133 sales
- Mon Nov 162 sales
- Wed Nov 1820 sales
- Thu Nov 193 sales
- Fri Nov 204 sales
- Mon Nov 232 sales
- Tue Nov 246 sales
- Wed Nov 252 sales
- Mon Nov 301 sale
St. Johns
Online · Thursdays · 12:00 PM ET
13sales scheduled in the next 30 days
- Thu Nov 128 sales
- Thu Nov 195 sales
Putnam
Online · Thursdays · 11:00 AM ET
10sales scheduled in the next 30 days
- Thu Nov 121 sale
- Thu Nov 199 sales
Source: each county's RealForeclose auction calendar (Realauction.com, for the Clerk of Court), checked October 25, 2026. Counts are sales still active on that day; past dates drop off by themselves. Many sales are cancelled or moved before auction day.
Register and fund firstBidders sign up on the county's RealForeclose site and put down a 5% deposit of their highest bid ahead of the sale.
Pay the same dayThe winning bidder pays the balance, plus documentary stamps and the Clerk's fee, by 4:00 PM on sale day.
As-is, no inspectionsYou can't go inside. Some liens can survive the sale, so get a title search before you bid.
Government-owned
HUD, Fannie Mae, Freddie Mac, VA and USDA homes
Homes that came back to a government agency or the mortgage giants after a foreclosure. HUD homes in our four counties right now:
HUD home · Volusia County
$295,000 · 1835 Springhead Dr, Enterprise
3 bd · 2 ba · HUD case 094-821424
Bids open October 26, 2026 · Extended (all buyers, including investors)
HUD home · St. Johns County
$169,500 · 10300 Allison Ave, Hastings
3 bd · 2 ba · HUD case 091-667614
Bids open October 26, 2026 · Exclusive (buyers who will live in it, first)
| County | HUD homes for sale |
|---|---|
| Flagler | 0 |
| Volusia | 1 |
| St. Johns | 1 |
| Putnam | 0 |
Source: HUD Home Store (hudhomestore.gov), checked October 25, 2026 (47 HUD homes in all of Florida that day). Bid dates and prices change; HUD's site has the latest.
HUD HomesHUD's own homes, sold by bid. Buyers who will live in the home get the first look; investors can bid after that.Search →Fannie Mae HomePathFannie Mae's bank-owned homes. Listed on the MLS by local brokers, so they also show up in the MLS search above.Search →Freddie Mac HomeStepsFreddie Mac's bank-owned homes, also listed on the MLS by local brokers.Search →VA homesHomes owned by the U.S. Department of Veterans Affairs, sold through its contractor, Vendor Resource Management.Search →USDA homesRural Development homes the USDA has taken back, mostly in smaller towns.Search →
Weekly list
Get the list sent to you every week
New bank-owned and short sale listings, the coming week's auctions and any new HUD homes in the counties you pick, in one short email from me.
Common questions
What's the difference between a bank-owned home and a short sale?
A bank-owned (REO) home already belongs to the lender after a foreclosure, so the bank is the seller and can usually close on a normal timeline. In a short sale the seller still holds title and is selling for less than the loan payoff, so the lender has to approve the price, which takes longer.
How do foreclosure auctions work in these four counties?
Each county's Clerk of Court sells foreclosed property online through RealForeclose. Bidders register, put down a deposit (5% of their highest bid) ahead of the sale, and the winner pays the balance by 4 PM the same day. Property is sold as-is, there are no inspections, and some sales are cancelled before the auction.
Can investors buy HUD homes?
Yes, after the first window. New HUD homes go first to buyers who will live in them; once that period ends, investors can bid too. A HUD-registered broker submits the bid.
Do I need my own agent to buy a bank-owned home?
You can call the listing agent, but your own agent works for you on price, inspections and the bank's addendum. I'm happy to help either way, and I'll tell you up front who I represent.
Sources and fine print
- MLS listings: Stellar MLS, shown only through Realty Exchange's licensed home search; this page shows counts and links, never other brokers' listings. Information deemed reliable but not guaranteed.
- Auctions: county Clerk of Court sale calendars on RealForeclose (Flagler, Volusia, St. Johns, Putnam). Case details, judgments and bids are on the Clerk's site.
- HUD homes: HUD Home Store. Fannie Mae, Freddie Mac, VA, USDA: their own sites, linked above.
- This page is general information for buyers and investors, not legal, tax or investment advice. Buying at auction or as-is carries real risk; check title, liens, permits and condition, and talk to a Florida attorney before you bid.
- Facing foreclosure on your own home? please talk to a Florida attorney or a HUD-approved housing counselor (free) about your options.
- Compiled by Dave Petkovsek, Real Estate Broker & Instructor, Realty Exchange, 300 Palm Coast Pkwy NE, Palm Coast, FL 32137. Equal Housing Opportunity.