Ellenboro FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Ellenboro, North Carolina.

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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LEDFORD RD Ellenboro NC 28040 Foreclosures 3 2 $57,500.00 Details
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ELLENBORO HENRIETTA RD Ellenboro NC 28040 Foreclosures 3 1 $23,900.00 Details
About our Listings

How to Buy Ellenboro Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Ellenboro, NC starts with finding listings. By browsing Ellenboro foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Ellenboro, NC.

>> See more info about how to Buy foreclosures

How to Invest in Ellenboro Foreclosures

How to invest foreclosure

Ellenboro foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Ellenboro real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Ellenboro foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Ellenboro foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Ellenboro

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Ellenboro will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Ellenboro, NC. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Ellenboro apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

North Carolina Foreclosure Laws

Foreclosure law

North Carolina real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Ellenboro have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Ellenboro REO properties.

Ellenboro Banks Foreclosures

Bank Foreclosure

Ellenboro bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Ellenboro, NC are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Ellenboro bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Ellenboro North Carolina to be similar to buying from an agent. Check our Ellenboro bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Ellenboro Government Foreclosures

Government Foreclosure

Ellenboro Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Ellenboro NC are another popular type of foreclosure, as are VA foreclosures in Ellenboro, which are available from the Veterans Affairs Department for especially great deals. Check our Ellenboro government foreclosure listings.

>> See more info about govermment foreclosures

Ellenboro Pre-Foreclosures

Foreclosure

PreForeclosures in Ellenboro are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Ellenboro Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Ellenboro Foreclosure Auctions

Foreclosure Auction

Most Ellenboro foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Ellenboro, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Ellenboro, NC. We offer a comprehensive Ellenboro foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Ellenboro, North Carolina

Find Home Foreclosure Listings in Ellenboro, NC

Ellenboro foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Ellenboro, NC and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Ellenboro North Carolina, best affordable foreclosure condo in Ellenboro, cheap apartments for sale, bargain foreclosed homes for sale in Ellenboro, NC and earn huge savings on the homes YOU want to buy!

Our Ellenboro Foreclosure Lists

You can find Ellenboro foreclosure homes for sale which you can buy for living or investment. Simply click through our Ellenboro foreclosure home listings to find government foreclosures and bank owned homes in Ellenboro area. If you're searching for a deep discount or low prices on real estate then searching our Ellenboro foreclosure lists for homes foreclosure for sale or short sale listing in Ellenboro is your answer. Our up-to-date Ellenboro short sale listings provide the latest investing opportunities on affordable Ellenboro bank owned property listings, government pre foreclosure lists, Ellenboro banrkuptcy homes and Ellenboro HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Ellenboro, you should have little trouble finding the cheapest deal on a foreclosed home in Ellenboro, North Carolina.

You can also search Bostic foreclosure listings and Forest City foreclosure listings for more properties in the neighboring area.



Ellenboro, NC

As of 2011, Ellenboro's population is 463 people. Since 2000, it has had a population growth of -3. 34 percent. The median home cost in Ellenboro is $78,000. Home appreciation the last year has been -2. 62 percent. Compared to the rest of the country, Ellenboro's cost of living is 15. 50% Lower than the U. S. average. Ellenboro public schools spend $4,744 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 1 students per teacher in Ellenboro. The unemployment rate in Ellenboro is 13. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Ellenboro jobs have Decreased by 7. 33 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peopleellenboro, ncUS
Population463307,829,557
Pop Density45787
Pop Change-3.34%9.34%
Median Age37.736.6
Households193116,329,167
Household Size2.412.58
Male Population47.74%49.31%
Female Population52.26%50.69%
Married Population50.55%47.15%
Single Population49.45%52.85%
Estimated Households By Household Incomeellenboro, ncUS
Income Less Than 15k16.58%12.10%
Income Between 15k And 25k13.47%10.18%
Income Between 25k And 35k15.54%10.56%
Income Between 35k And 50k21.76%14.98%
Income Between 50k And 75k17.10%19.53%
Income Between 75k And 100k8.81%12.52%
Income Between 100k And 150k5.19%12.14%
Income Between 150k And 250k0.52%3.91%
Income Between 250k And 500k0.52%3.34%
Income Greater Than 500k0.52%0.75%
Economyellenboro, ncUS
Unemployment Rate13.90%9.10%
Recent Job Growth-7.33%-0.12%
Future Job Growth11.44%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$19,101$27,067
Household Income$37,948$52,954
Housingellenboro, ncUS
Median Home Age34.235.1
Median Home Cost$78,000$175,100
Home Appreciation-2.62%-3.15%
Homes Owned69.52%59.90%
Housing Vacant8.10%10.37%
Homes Rented22.38%29.73%
Property Tax Rate$6.56$11.20
Owner Occupied Housing Units By Valueellenboro, ncUS
Less Than 20k7.53%2.65%
20k To 3999910.27%3.76%
40k To 5999919.18%4.99%
60k To 7999915.07%6.01%
80k To 9999915.07%7.27%
100k To 14999919.18%19.24%
150k To 1999996.16%14.67%
200k To 2999996.85%18.09%
300k To 3999990.68%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationellenboro, ncUS
School Expend$4,744$5,678
Pupil Teacher Ratio15.114.9
Students Per Librarian384803
Students Per Counselor414513
2 Yr College Grad10.39%7.47%
4 Yr College Grad6.82%17.42%
Graduate Degrees4.87%10.12%
High School Grads76.95%84.72%
Crimeellenboro, ncUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtellenboro, ncUS
1999 To 20050.95%13.71%
1995 To 199811.63%8.54%
1990 To 199411.23%5.77%
1980 To 198918.57%13.87%
1970 To 197918.57%16.17%
1960 To 196913.33%11.70%
1950 To 195910.48%11.08%
1940 To 19496.19%6.02%
1939 Or Earlier9.05%13.15%

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