2 open listings in Marion County, including 2 HUD REO home. Every listing links to the official source to bid.
Real Estate
HUD HomeStore
HUD-owned (FHA) foreclosed home at 124 N James St, Centralia, IL 62801, FHA case #132-209856, currently listed for sale on HUD HomeStore (acquired by HUD 2020-02-14). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.
Auction terms
See source
Real Estate
HUD HomeStore
HUD-owned (FHA) foreclosed home at 400 S Wood St, Odin, IL 62870, FHA case #132-229057, currently listed for sale on HUD HomeStore (acquired by HUD 2019-11-14). Offers are submitted through a HUD-registered real estate broker during the bid period; the list price, bid deadline, property condition report and photos are on the official listing.
Auction terms
See source
How these sales work
Illinois counties hold an annual tax sale where investors bid down the penalty rate on delinquent taxes and receive a certificate of purchase; unsold parcels can be picked up at later scavenger sales.
A home a federal agency or government-sponsored enterprise took back after a foreclosure on a loan it insured or owned, now resold through its own program.
Compare government real-estate sale types →General information, not legal advice; the official sale notice controls.