Oakboro FORECLOSURE LISTINGS

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

Total: 11
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
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14 Photos
TROTTERS RIDGE RD Stanfield NC 28163 Foreclosures 4 3 $179,900.00 Details
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RUSHING RD Stanfield NC 28163 Foreclosures 4 2 - Details
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COMSTOCK CT Locust NC 28097 Foreclosures 4 2.1 $115,000.00 Details
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N MAIN ST Norwood NC 28128 Foreclosures 3 2 - Details
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S MAIN ST Norwood NC 28128 Foreclosures 4 3 - Details
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HARWOOD ST Albemarle NC 28001 Foreclosures 3 1 $28,000.00 Details
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7 Photos
SMITH ST Albemarle NC 28001 Foreclosures 3 2 $90,000.00 Details
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RIDGE ST Albemarle NC 28001 Foreclosures 3 2 $91,800.00 Details
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SMOKEHOUSE LN Albemarle NC 28001 Foreclosures 3 2 $116,000.00 Details
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HONEYBEE CIR New London NC 28127 Foreclosures 3 2 $102,900.00 Details
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HONEYBEE CIR New London NC 28127 Foreclosures 3 1.1 $99,000.00 Details
About our Listings

How to Buy Oakboro Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Oakboro Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Oakboro Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Oakboro Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Oakboro Pre-Foreclosures

Foreclosure

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

Oakboro Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Oakboro, North Carolina

Find Home Foreclosure Listings in Oakboro, NC

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

Our Oakboro Foreclosure Lists

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

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



Oakboro, NC

As of 2011, Oakboro's population is 1,280 people. Since 2000, it has had a population growth of 6. 76 percent. The median home cost in Oakboro is $144,300. Home appreciation the last year has been -2. 46 percent. Compared to the rest of the country, Oakboro's cost of living is 5. 00% Lower than the U. S. average. Oakboro 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 Oakboro. The unemployment rate in Oakboro is 10. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Oakboro jobs have Decreased by 2. 65 percent. Average Commute time is 35 minutes. The National Average is 28 minutes.

Peopleoakboro, ncUS
Population1,280307,829,557
Pop Density62587
Pop Change6.76%9.34%
Median Age41.236.6
Households517116,329,167
Household Size2.472.58
Male Population50.04%49.31%
Female Population49.96%50.69%
Married Population61.29%47.15%
Single Population38.71%52.85%
Estimated Households By Household Incomeoakboro, ncUS
Income Less Than 15k10.77%12.10%
Income Between 15k And 25k10.58%10.18%
Income Between 25k And 35k11.54%10.56%
Income Between 35k And 50k15.19%14.98%
Income Between 50k And 75k25.96%19.53%
Income Between 75k And 100k13.08%12.52%
Income Between 100k And 150k10.38%12.14%
Income Between 150k And 250k1.92%3.91%
Income Between 250k And 500k0.58%3.34%
Income Greater Than 500k0.00%0.75%
Economyoakboro, 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$24,075$27,067
Household Income$51,620$52,954
Housingoakboro, ncUS
Median Home Age34.735.1
Median Home Cost$144,300$175,100
Home Appreciation-2.46%-3.15%
Homes Owned73.33%59.90%
Housing Vacant11.11%10.37%
Homes Rented15.56%29.73%
Property Tax Rate$7.01$11.20
Owner Occupied Housing Units By Valueoakboro, ncUS
Less Than 20k1.86%2.65%
20k To 399993.03%3.76%
40k To 599993.96%4.99%
60k To 799995.13%6.01%
80k To 9999912.35%7.27%
100k To 14999934.50%19.24%
150k To 19999917.72%14.67%
200k To 29999914.92%18.09%
300k To 3999993.73%9.14%
400k To 4999991.40%4.94%
500k To 7499991.40%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationoakboro, ncUS
School Expend$4,784$5,678
Pupil Teacher Ratio14.514.9
Students Per Librarian450803
Students Per Counselor351513
2 Yr College Grad9.77%7.47%
4 Yr College Grad8.78%17.42%
Graduate Degrees2.75%10.12%
High School Grads81.78%84.72%
Crimeoakboro, ncUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtoakboro, ncUS
1999 To 200515.21%13.71%
1995 To 19989.88%8.54%
1990 To 19945.33%5.77%
1980 To 198910.60%13.87%
1970 To 197917.09%16.17%
1960 To 196912.31%11.70%
1950 To 195911.62%11.08%
1940 To 19496.15%6.02%
1939 Or Earlier11.79%13.15%

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