Four Oaks FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Four Oaks, 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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11 Photos
IVEY RD Four Oaks NC 27524 Foreclosures 3 2 $100,000.00 Details
About our Listings

How to Buy Four Oaks Foreclosures

How to buy foreclosures

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

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How to Invest in Four Oaks Foreclosures

How to invest foreclosure

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

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Types of Foreclosures in Four Oaks

Foreclosure home

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

Four Oaks Banks Foreclosures

Bank Foreclosure

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

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Four Oaks Government Foreclosures

Government Foreclosure

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

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Four Oaks Pre-Foreclosures

Foreclosure

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

Foreclosure Auction

Most Four Oaks 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 Four Oaks, 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 Four Oaks, NC. We offer a comprehensive Four Oaks foreclosure auction listings.

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Top Zip Codes in Four Oaks, North Carolina

Find Home Foreclosure Listings in Four Oaks, NC

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

Our Four Oaks Foreclosure Lists

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

You can also search Clayton foreclosure listings and Kenly foreclosure listings for more properties in the neighboring area.



Four Oaks, NC

As of 2011, Four Oaks's population is 1,821 people. Since 2000, it has had a population growth of 27. 79 percent. The median home cost in Four Oaks is $114,200. Home appreciation the last year has been -1. 73 percent. Compared to the rest of the country, Four Oaks's cost of living is 9. 60% Lower than the U. S. average. Four Oaks public schools spend $4,625 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 6 students per teacher in Four Oaks. The unemployment rate in Four Oaks is 8. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Four Oaks jobs have Decreased by 0. 07 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplefour-oaks, ncUS
Population1,821307,829,557
Pop Density1,59087
Pop Change27.79%9.34%
Median Age34.736.6
Households692116,329,167
Household Size2.542.58
Male Population49.73%49.31%
Female Population50.27%50.69%
Married Population43.15%47.15%
Single Population56.85%52.85%
Estimated Households By Household Incomefour-oaks, ncUS
Income Less Than 15k21.88%12.10%
Income Between 15k And 25k13.91%10.18%
Income Between 25k And 35k12.46%10.56%
Income Between 35k And 50k13.91%14.98%
Income Between 50k And 75k16.38%19.53%
Income Between 75k And 100k11.01%12.52%
Income Between 100k And 150k7.10%12.14%
Income Between 150k And 250k1.01%3.91%
Income Between 250k And 500k1.88%3.34%
Income Greater Than 500k0.43%0.75%
Economyfour-oaks, ncUS
Unemployment Rate8.90%9.10%
Recent Job Growth-0.07%-0.12%
Future Job Growth30.96%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$20,177$27,067
Household Income$36,872$52,954
Housingfour-oaks, ncUS
Median Home Age3035.1
Median Home Cost$114,200$175,100
Home Appreciation-1.73%-3.15%
Homes Owned53.39%59.90%
Housing Vacant8.37%10.37%
Homes Rented38.25%29.73%
Property Tax Rate$7.50$11.20
Owner Occupied Housing Units By Valuefour-oaks, ncUS
Less Than 20k5.47%2.65%
20k To 399998.96%3.76%
40k To 5999910.45%4.99%
60k To 799997.46%6.01%
80k To 9999913.18%7.27%
100k To 14999922.39%19.24%
150k To 19999913.68%14.67%
200k To 29999910.20%18.09%
300k To 3999994.98%9.14%
400k To 4999991.24%4.94%
500k To 7499991.24%5.42%
750k To 9999990.75%2.03%
1kk Or More0.00%1.77%
Educationfour-oaks, ncUS
School Expend$4,625$5,678
Pupil Teacher Ratio15.614.9
Students Per Librarian547803
Students Per Counselor428513
2 Yr College Grad7.75%7.47%
4 Yr College Grad11.53%17.42%
Graduate Degrees6.02%10.12%
High School Grads68.59%84.72%
Crimefour-oaks, ncUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtfour-oaks, ncUS
1999 To 200519.65%13.71%
1995 To 19987.52%8.54%
1990 To 19947.62%5.77%
1980 To 198914.48%13.87%
1970 To 197916.20%16.17%
1960 To 196911.29%11.70%
1950 To 19599.03%11.08%
1940 To 19495.44%6.02%
1939 Or Earlier8.76%13.15%

Table Information