Listing Status Definitions

Active listings are currently scheduled for auction, or will be scheduled for auction soon.

Sale Pending listings have gone through auction. The seller has accepted a bid, but the sale hasn’t completed.

Sold listings have gone through auction and ownership has transferred from seller to buyer.

Completed listings have gone through foreclosure auction and ownership has transferred from borrower to lender (or buyer).

Canceled listings had a previously scheduled foreclosure auction that will now not take place.

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Bank Owned
Bank Owned properties (also known as “Real Estate Owned” or “REO” properties) are owned by the lender. Occupancy status, accessibility, and condition are often unknown for properties that have recently completed the foreclosure process. Other properties may be vacant and often feature interior access. See the Property Details for more information. Buyers can bid, win, and close on these properties using the online auctions on Auction.com.
Foreclosure Sale
Foreclosure Sale properties are scheduled to be sold through a public auction. Occupancy, accessibility, and condition are often unknown.
Rentals
These are often turn-key opportunities for investors to enter the rental real estate business. These rentals are auctioned with a tenant and lease in place, with the terms of each lease agreement, payment history and security deposits (if any) varying from property to property.
Short Sale
A short sale property is a home that a borrower is attempting to sell for an amount lower than the mortgage debt. Auctions of short sale properties are usually financeable, have interior access through an agent and are great for homebuyers or investors.
[Note: Ohio and Florida foreclosure sales are online]
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Albert Lea, MN Online Property Auctions & Foreclosures for Sale

This home is being sold on our new website, Ten-X Homes, our next generation real estate transaction platform for move-in ready homes.

  • Financing is welcomed, including FHA and VA loans
  • Inspection and financing contingencies give you peace of mind
  • Homes are ready to move in upon closing
  • Seller-paid Owner's Title Insurance Policy reducing your risk and your closing costs

Continue to Ten-X Homes

You can use your Auction.com username and password to save or bid on this home.

1109 MADISON AVE
ALBERT LEA, MN 56007, Freeborn County
Bank Owned, SFR
2 Beds1 Baths1,369 Sq Ft
Reserve: $36,200
Starting Bid: $10,000
Online Auction: May 29 - 31
For Sale

This home is being sold on our new website, Ten-X Homes, our next generation real estate transaction platform for move-in ready homes.

  • Financing is welcomed, including FHA and VA loans
  • Inspection and financing contingencies give you peace of mind
  • Homes are ready to move in upon closing
  • Seller-paid Owner's Title Insurance Policy reducing your risk and your closing costs

Continue to Ten-X Homes

You can use your Auction.com username and password to save or bid on this home.

923 S 4TH AVE
Albert Lea, MN 56007, Freeborn County
Bank Owned, SFR
3 Beds1 Baths1,092 Sq Ft
Subject To Redemption
Starting Bid: $25,000
Online Auction: Jun 5 - 7
For Sale
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