Albemarle FORECLOSURE LISTINGS

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

Total: 7
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
LOWDER ST Albemarle NC 28001 Foreclosures 3 1 $42,999.00 Details
2
1 Photo
CAYCE ST Albemarle NC 28001 Foreclosures 4 2.5 $149,900.00 Details
3
12 Photos
GREEN ST Albemarle NC 28001 Foreclosures 3 2 - Details
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0 Photo
ELMWOOD AVE Albemarle NC 28001 Foreclosures 4 1.5 $69,900.00 Details
5
8 Photos
LEONARD AVE Albemarle NC 28001 Foreclosures 2 1 $25,900.00 Details
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0 Photo
COMMUNITY RD Albemarle NC 28001 Foreclosures 3 1 $98,000.00 Details
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TREEHOUSE RD Albemarle NC 28001 Foreclosures 3 2 - Details
About our Listings

How to Buy Albemarle Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Albemarle, NC starts with finding listings. By browsing Albemarle 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 Albemarle, NC.

>> See more info about how to Buy foreclosures

How to Invest in Albemarle Foreclosures

How to invest foreclosure

Albemarle 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 Albemarle real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Albemarle 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 Albemarle 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 Albemarle

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Albemarle 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 Albemarle, NC. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Albemarle 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 Albemarle 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 Albemarle REO properties.

Albemarle Banks Foreclosures

Bank Foreclosure

Albemarle bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Albemarle, 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 Albemarle bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Albemarle North Carolina to be similar to buying from an agent. Check our Albemarle bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Albemarle Government Foreclosures

Government Foreclosure

Albemarle 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 Albemarle NC are another popular type of foreclosure, as are VA foreclosures in Albemarle, which are available from the Veterans Affairs Department for especially great deals. Check our Albemarle government foreclosure listings.

>> See more info about govermment foreclosures

Albemarle Pre-Foreclosures

Foreclosure

PreForeclosures in Albemarle are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Albemarle 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

Albemarle Foreclosure Auctions

Foreclosure Auction

Most Albemarle 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 Albemarle, 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 Albemarle, NC. We offer a comprehensive Albemarle foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Albemarle, North Carolina

Find Home Foreclosure Listings in Albemarle, NC

Albemarle 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 Albemarle, 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 Albemarle North Carolina, best affordable foreclosure condo in Albemarle, cheap apartments for sale, bargain foreclosed homes for sale in Albemarle, NC and earn huge savings on the homes YOU want to buy!

Our Albemarle Foreclosure Lists

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

You can also search Norwood foreclosure listings and Locust foreclosure listings for more properties in the neighboring area.



Albemarle, NC

As of 2011, Albemarle's population is 15,600 people. Since 2000, it has had a population growth of -0. 45 percent. The median home cost in Albemarle is $124,300. Home appreciation the last year has been -2. 53 percent. Compared to the rest of the country, Albemarle's cost of living is 8. 20% Lower than the U. S. average. Albemarle public schools spend $4,784 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 5 students per teacher in Albemarle. The unemployment rate in Albemarle is 10. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Albemarle jobs have Decreased by 2. 65 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peoplealbemarle, ncUS
Population15,600307,829,557
Pop Density97787
Pop Change-0.45%9.34%
Median Age38.736.6
Households6,164116,329,167
Household Size2.462.58
Male Population47.29%49.31%
Female Population52.71%50.69%
Married Population48.15%47.15%
Single Population51.85%52.85%
Estimated Households By Household Incomealbemarle, ncUS
Income Less Than 15k20.32%12.10%
Income Between 15k And 25k15.94%10.18%
Income Between 25k And 35k12.42%10.56%
Income Between 35k And 50k15.89%14.98%
Income Between 50k And 75k18.15%19.53%
Income Between 75k And 100k8.64%12.52%
Income Between 100k And 150k5.86%12.14%
Income Between 150k And 250k1.07%3.91%
Income Between 250k And 500k1.50%3.34%
Income Greater Than 500k0.21%0.75%
Economyalbemarle, ncUS
Unemployment Rate10.70%9.10%
Recent Job Growth-2.65%-0.12%
Future Job Growth24.00%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$19,508$27,067
Household Income$36,084$52,954
Housingalbemarle, ncUS
Median Home Age4535.1
Median Home Cost$124,300$175,100
Home Appreciation-2.53%-3.15%
Homes Owned57.57%59.90%
Housing Vacant13.61%10.37%
Homes Rented28.81%29.73%
Property Tax Rate$7.01$11.20
Owner Occupied Housing Units By Valuealbemarle, ncUS
Less Than 20k2.52%2.65%
20k To 399994.08%3.76%
40k To 599996.47%4.99%
60k To 7999912.14%6.01%
80k To 9999913.09%7.27%
100k To 14999931.95%19.24%
150k To 19999912.53%14.67%
200k To 29999911.97%18.09%
300k To 3999993.49%9.14%
400k To 4999990.83%4.94%
500k To 7499990.78%5.42%
750k To 9999990.10%2.03%
1kk Or More0.05%1.77%
Educationalbemarle, ncUS
School Expend$4,784$5,678
Pupil Teacher Ratio14.514.9
Students Per Librarian450803
Students Per Counselor351513
2 Yr College Grad8.41%7.47%
4 Yr College Grad14.30%17.42%
Graduate Degrees5.03%10.12%
High School Grads80.61%84.72%
Crimealbemarle, ncUS
Violent Crime94
Property Crime104
Housing Units By Year Structure Builtalbemarle, ncUS
1999 To 20055.50%13.71%
1995 To 19985.60%8.54%
1990 To 19945.35%5.77%
1980 To 198910.24%13.87%
1970 To 197914.26%16.17%
1960 To 196917.04%11.70%
1950 To 195917.35%11.08%
1940 To 19499.63%6.02%
1939 Or Earlier15.02%13.15%

Table Information