Georgia Foreclosures - 34,864 Foreclosure Listings

Foreclosure Homes in Georgia

There are currently foreclosed homes listed in Georgia. Why should you consider buying a foreclosure property in Georgia? To save money, of course! That’s right, purchasing a foreclosed home can save you as much as 50 percent or more on the final sale price of a distressed deal in Georgia when compared to a traditional single-family house. We’ve also got awesome deals on top of incredible foreclosure deals, from rent-to-own homes, short sales and preforeclosures in Georgia, as well as bankruptcy filings and government-owned foreclosure listings such as HUD, Fannie Mae and Freddie Mac, among others. Just select the county in Georgia that you want to look for a property below. Then search through all distressed real estate listings in Georgia for the amazing deal that’s right for you.

Georgia Foreclosure Laws

Georgia primarily relies on nonjudicial foreclosure through power-of-sale provisions in loan documents. Loans are commonly secured by deeds of trust or mortgages that allow a faster sale process. Foreclosure can move quickly and is often completed within a few months. Georgia generally does not allow redemption after the foreclosure sale, and deficiency judgments may be permitted if certain steps are followed.

Foreclosure Type Process

Non-Judicial
Mortgage Instrument Security Type

Deed of Trust (primary). Mortgages exist but deeds of trust dominate.
Typical Timeline Duration

2-3 months typical
Deficiency Judgment

Deficiency judgments permitted with limitations
Redemption Period Owner Rights

No post-sale redemption.
Process Summary

Georgia primarily uses nonjudicial foreclosure under power-of-sale provisions. After notice and advertisement, the property is sold at a courthouse auction.
Notice / Timing Statute

Georgia Code § 44-14-162 et seq. (power of sale foreclosure)
Redemption Statute(s)

Georgia Code § 44-14-161 (no statutory post-sale redemption)
Deficiency Statute(s)

Georgia Code § 44-14-161 (deficiency allowed; confirmation hearing required)

How to Buy a Foreclosure in Georgia

Start by locating foreclosure listings through county tax commissioner offices, MLS, and public notices in Georgia. Georgia uses non-judicial foreclosures; verify notice requirements and timelines. Have your financing ready as auctions require certified funds. Conduct title and condition inspections to assess liabilities. Participate in the foreclosure sale or negotiate with the lender for REO purchases afterward.

What type of foreclosure is used in Georgia?

The type of foreclosure in Georgia is Non-Judicial

Is there a redemption period in Georgia?

No post-sale redemption.

Are deficiency judgments allowed in Georgia?

Deficiency judgments permitted with limitations in Georgia

How do you buy a foreclosure in Georgia?

Start by locating foreclosure listings through county tax commissioner offices, MLS, and public notices in Georgia.