Scotland Neck FORECLOSURE LISTINGS

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

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# Photo Address City State Zip Type BD BH Price Details
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CLARKSVILLE DR Scotland Neck NC 27874 Foreclosures 3 2 $97,000.00 Details
About our Listings

How to Buy Scotland Neck Foreclosures

How to buy foreclosures

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

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How to Invest in Scotland Neck Foreclosures

How to invest foreclosure

Scotland Neck 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 Scotland Neck real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Scotland Neck 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 Scotland Neck foreclosure short sales, wait for the right property at the right price.

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Types of Foreclosures in Scotland Neck

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Scotland Neck 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 Scotland Neck, NC. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Scotland Neck apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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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 Scotland Neck 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 Scotland Neck REO properties.

Scotland Neck Banks Foreclosures

Bank Foreclosure

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

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Scotland Neck Government Foreclosures

Government Foreclosure

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

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Scotland Neck Pre-Foreclosures

Foreclosure

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

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Scotland Neck Foreclosure Auctions

Foreclosure Auction

Most Scotland Neck 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 Scotland Neck, 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 Scotland Neck, NC. We offer a comprehensive Scotland Neck foreclosure auction listings.

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Top Zip Codes in Scotland Neck, North Carolina

Find Home Foreclosure Listings in Scotland Neck, NC

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

Our Scotland Neck Foreclosure Lists

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

You can also search Roanoke Rapids foreclosure listings and Enfield foreclosure listings for more properties in the neighboring area.



Scotland Neck, NC

As of 2011, Scotland Neck's population is 2,164 people. Since 2000, it has had a population growth of -8. 46 percent. The median home cost in Scotland Neck is $66,900. Home appreciation the last year has been -2. 65 percent. Compared to the rest of the country, Scotland Neck's cost of living is 17. 40% Lower than the U. S. average. Scotland Neck public schools spend $5,370 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 9 students per teacher in Scotland Neck. The unemployment rate in Scotland Neck is 12. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Scotland Neck jobs have Decreased by 2. 85 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplescotland-neck, ncUS
Population2,164307,829,557
Pop Density1,73487
Pop Change-8.46%9.34%
Median Age40.536.6
Households889116,329,167
Household Size2.382.58
Male Population45.27%49.31%
Female Population54.73%50.69%
Married Population30.37%47.15%
Single Population69.63%52.85%
Estimated Households By Household Incomescotland-neck, ncUS
Income Less Than 15k35.25%12.10%
Income Between 15k And 25k17.97%10.18%
Income Between 25k And 35k14.46%10.56%
Income Between 35k And 50k14.80%14.98%
Income Between 50k And 75k9.94%19.53%
Income Between 75k And 100k2.82%12.52%
Income Between 100k And 150k2.49%12.14%
Income Between 150k And 250k1.13%3.91%
Income Between 250k And 500k0.90%3.34%
Income Greater Than 500k0.23%0.75%
Economyscotland-neck, ncUS
Unemployment Rate12.00%9.10%
Recent Job Growth-2.85%-0.12%
Future Job Growth22.30%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$13,851$27,067
Household Income$23,170$52,954
Housingscotland-neck, ncUS
Median Home Age46.635.1
Median Home Cost$66,900$175,100
Home Appreciation-2.65%-3.15%
Homes Owned42.94%59.90%
Housing Vacant13.24%10.37%
Homes Rented43.82%29.73%
Property Tax Rate$9.85$11.20
Owner Occupied Housing Units By Valuescotland-neck, ncUS
Less Than 20k7.53%2.65%
20k To 3999918.04%3.76%
40k To 5999919.86%4.99%
60k To 7999920.09%6.01%
80k To 9999913.01%7.27%
100k To 14999913.01%19.24%
150k To 1999994.11%14.67%
200k To 2999992.05%18.09%
300k To 3999990.91%9.14%
400k To 4999990.00%4.94%
500k To 7499990.23%5.42%
750k To 9999990.46%2.03%
1kk Or More0.68%1.77%
Educationscotland-neck, ncUS
School Expend$5,370$5,678
Pupil Teacher Ratio13.914.9
Students Per Librarian532803
Students Per Counselor343513
2 Yr College Grad4.76%7.47%
4 Yr College Grad6.21%17.42%
Graduate Degrees2.90%10.12%
High School Grads61.56%84.72%
Crimescotland-neck, ncUS
Violent Crime84
Property Crime104
Housing Units By Year Structure Builtscotland-neck, ncUS
1999 To 20050.98%13.71%
1995 To 19987.15%8.54%
1990 To 19946.38%5.77%
1980 To 198910.78%13.87%
1970 To 197913.43%16.17%
1960 To 196916.96%11.70%
1950 To 195914.90%11.08%
1940 To 194911.47%6.02%
1939 Or Earlier17.94%13.15%

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