Old Fort FORECLOSURE LISTINGS

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

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BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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5 Photos
BAT CAVE RD Old Fort NC 28762 Foreclosures 3 1 $119,900.00 Details
About our Listings

How to Buy Old Fort Foreclosures

How to buy foreclosures

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

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How to Invest in Old Fort Foreclosures

How to invest foreclosure

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

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Types of Foreclosures in Old Fort

Foreclosure home

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

Old Fort Banks Foreclosures

Bank Foreclosure

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

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Old Fort Government Foreclosures

Government Foreclosure

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

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Old Fort Pre-Foreclosures

Foreclosure

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

Foreclosure Auction

Most Old Fort 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 Old Fort, 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 Old Fort, NC. We offer a comprehensive Old Fort foreclosure auction listings.

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Top Zip Codes in Old Fort, North Carolina

Find Home Foreclosure Listings in Old Fort, NC

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

Our Old Fort Foreclosure Lists

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

You can also search Nebo foreclosure listings and Marion foreclosure listings for more properties in the neighboring area.



Old Fort, NC

As of 2011, Old Fort's population is 919 people. Since 2000, it has had a population growth of -4. 47 percent. The median home cost in Old Fort is $76,100. Home appreciation the last year has been -2. 18 percent. Compared to the rest of the country, Old Fort's cost of living is 20. 50% Lower than the U. S. average. Old Fort public schools spend $4,610 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 3 students per teacher in Old Fort. The unemployment rate in Old Fort is 12. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Old Fort jobs have Decreased by 5. 12 percent. Average Commute time is 21 minutes. The National Average is 28 minutes.

Peopleold-fort, ncUS
Population919307,829,557
Pop Density66387
Pop Change-4.47%9.34%
Median Age41.236.6
Households420116,329,167
Household Size2.172.58
Male Population49.51%49.31%
Female Population50.49%50.69%
Married Population35.98%47.15%
Single Population64.02%52.85%
Estimated Households By Household Incomeold-fort, ncUS
Income Less Than 15k18.33%12.10%
Income Between 15k And 25k15.95%10.18%
Income Between 25k And 35k19.52%10.56%
Income Between 35k And 50k20.95%14.98%
Income Between 50k And 75k13.57%19.53%
Income Between 75k And 100k6.43%12.52%
Income Between 100k And 150k3.10%12.14%
Income Between 150k And 250k0.00%3.91%
Income Between 250k And 500k1.90%3.34%
Income Greater Than 500k0.24%0.75%
Economyold-fort, ncUS
Unemployment Rate12.30%9.10%
Recent Job Growth-5.12%-0.12%
Future Job Growth17.46%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$20,140$27,067
Household Income$33,028$52,954
Housingold-fort, ncUS
Median Home Age40.135.1
Median Home Cost$76,100$175,100
Home Appreciation-2.18%-3.15%
Homes Owned54.91%59.90%
Housing Vacant15.83%10.37%
Homes Rented29.26%29.73%
Property Tax Rate$5.15$11.20
Owner Occupied Housing Units By Valueold-fort, ncUS
Less Than 20k8.39%2.65%
20k To 3999917.88%3.76%
40k To 5999915.33%4.99%
60k To 7999916.06%6.01%
80k To 9999913.87%7.27%
100k To 14999916.06%19.24%
150k To 1999995.84%14.67%
200k To 2999996.57%18.09%
300k To 3999990.00%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%
Educationold-fort, ncUS
School Expend$4,610$5,678
Pupil Teacher Ratio14.314.9
Students Per Librarian523803
Students Per Counselor408513
2 Yr College Grad6.86%7.47%
4 Yr College Grad4.99%17.42%
Graduate Degrees3.74%10.12%
High School Grads76.43%84.72%
Crimeold-fort, ncUS
Violent Crime24
Property Crime34
Housing Units By Year Structure Builtold-fort, ncUS
1999 To 20051.80%13.71%
1995 To 19989.09%8.54%
1990 To 19947.34%5.77%
1980 To 198915.03%13.87%
1970 To 197916.23%16.17%
1960 To 196912.83%11.70%
1950 To 195910.02%11.08%
1940 To 19498.82%6.02%
1939 Or Earlier18.84%13.15%

Table Information