Spring Hope FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Spring Hope, 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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9 Photos
MACEDONIA RD Spring Hope NC 27882 Foreclosures 3 2 $16,500.00 Details
About our Listings

How to Buy Spring Hope Foreclosures

How to buy foreclosures

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

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How to Invest in Spring Hope Foreclosures

How to invest foreclosure

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

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Types of Foreclosures in Spring Hope

Foreclosure home

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

Spring Hope Banks Foreclosures

Bank Foreclosure

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

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Spring Hope Government Foreclosures

Government Foreclosure

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

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Spring Hope Pre-Foreclosures

Foreclosure

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

Foreclosure Auction

Most Spring Hope 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 Spring Hope, 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 Spring Hope, NC. We offer a comprehensive Spring Hope foreclosure auction listings.

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Top Zip Codes in Spring Hope, North Carolina

Find Home Foreclosure Listings in Spring Hope, NC

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

Our Spring Hope Foreclosure Lists

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

You can also search Nashville foreclosure listings and Whitakers foreclosure listings for more properties in the neighboring area.



Spring Hope, NC

As of 2011, Spring Hope's population is 1,324 people. Since 2000, it has had a population growth of 5. 08 percent. The median home cost in Spring Hope is $98,900. Home appreciation the last year has been -0. 03 percent. Compared to the rest of the country, Spring Hope's cost of living is 9. 40% Lower than the U. S. average. Spring Hope public schools spend $4,653 per student. The average school expenditure in the U. S. is $5,678. There are about 15 students per teacher in Spring Hope. The unemployment rate in Spring Hope is 11. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Spring Hope jobs have Decreased by 2. 20 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplespring-hope, ncUS
Population1,324307,829,557
Pop Density94487
Pop Change5.08%9.34%
Median Age40.936.6
Households534116,329,167
Household Size2.52.58
Male Population47.25%49.31%
Female Population52.75%50.69%
Married Population47.91%47.15%
Single Population52.09%52.85%
Estimated Households By Household Incomespring-hope, ncUS
Income Less Than 15k15.57%12.10%
Income Between 15k And 25k13.88%10.18%
Income Between 25k And 35k8.82%10.56%
Income Between 35k And 50k15.20%14.98%
Income Between 50k And 75k19.70%19.53%
Income Between 75k And 100k12.95%12.52%
Income Between 100k And 150k10.69%12.14%
Income Between 150k And 250k1.50%3.91%
Income Between 250k And 500k1.50%3.34%
Income Greater Than 500k0.19%0.75%
Economyspring-hope, ncUS
Unemployment Rate11.40%9.10%
Recent Job Growth-2.20%-0.12%
Future Job Growth24.20%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$23,153$27,067
Household Income$46,789$52,954
Housingspring-hope, ncUS
Median Home Age34.135.1
Median Home Cost$98,900$175,100
Home Appreciation-0.03%-3.15%
Homes Owned58.53%59.90%
Housing Vacant9.04%10.37%
Homes Rented32.42%29.73%
Property Tax Rate$7.12$11.20
Owner Occupied Housing Units By Valuespring-hope, ncUS
Less Than 20k9.62%2.65%
20k To 399998.16%3.76%
40k To 5999910.79%4.99%
60k To 799999.62%6.01%
80k To 9999913.41%7.27%
100k To 14999925.66%19.24%
150k To 19999911.37%14.67%
200k To 2999996.71%18.09%
300k To 3999992.33%9.14%
400k To 4999990.29%4.94%
500k To 7499990.87%5.42%
750k To 9999991.17%2.03%
1kk Or More0.00%1.77%
Educationspring-hope, ncUS
School Expend$4,653$5,678
Pupil Teacher Ratio1514.9
Students Per Librarian714803
Students Per Counselor314513
2 Yr College Grad6.59%7.47%
4 Yr College Grad10.21%17.42%
Graduate Degrees3.73%10.12%
High School Grads73.77%84.72%
Crimespring-hope, ncUS
Violent Crime64
Property Crime54
Housing Units By Year Structure Builtspring-hope, ncUS
1999 To 200512.46%13.71%
1995 To 19987.56%8.54%
1990 To 199410.36%5.77%
1980 To 198912.80%13.87%
1970 To 197918.94%16.17%
1960 To 196911.60%11.70%
1950 To 19598.70%11.08%
1940 To 19496.14%6.02%
1939 Or Earlier11.43%13.15%

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