Lake Lure FORECLOSURE LISTINGS

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

Total: 5
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
8 Photos
BENT CREEK BLVD # 18 Lake Lure NC 28746 Foreclosures 2 2 $129,900.00 Details
2
12 Photos
THRUSH CT Lake Lure NC 28746 Foreclosures 3 3.5 - Details
3
1 Photo
SUNSET CV Lake Lure NC 28746 Foreclosures 3 3.5 - Details
4 -
0 Photo
WINESAP BLVD Lake Lure NC 28746 Foreclosures 3 2 - Details
5 -
0 Photo
CEDAR CREEK RD Lake Lure NC 28746 Foreclosures 3 3 - Details
About our Listings

How to Buy Lake Lure Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Lake Lure Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Lake Lure Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lake Lure Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lake Lure Pre-Foreclosures

Foreclosure

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

Lake Lure Foreclosure Auctions

Foreclosure Auction

Most Lake Lure 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 Lake Lure, 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 Lake Lure, NC. We offer a comprehensive Lake Lure foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lake Lure, North Carolina

Find Home Foreclosure Listings in Lake Lure, NC

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

Our Lake Lure Foreclosure Lists

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

You can also search Union Mills foreclosure listings and Bostic foreclosure listings for more properties in the neighboring area.



Lake Lure, NC

As of 2011, Lake Lure's population is 1,185 people. Since 2000, it has had a population growth of 15. 50 percent. The median home cost in Lake Lure is $202,200. Home appreciation the last year has been -2. 69 percent. Compared to the rest of the country, Lake Lure's cost of living is 4. 30% Higher than the U. S. average. Lake Lure public schools spend $4,744 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 1 students per teacher in Lake Lure. The unemployment rate in Lake Lure is 13. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Lake Lure jobs have Decreased by 7. 33 percent. Average Commute time is 32 minutes. The National Average is 28 minutes.

Peoplelake-lure, ncUS
Population1,185307,829,557
Pop Density8487
Pop Change15.50%9.34%
Median Age54.136.6
Households555116,329,167
Household Size2.152.58
Male Population50.08%49.31%
Female Population49.92%50.69%
Married Population58.72%47.15%
Single Population41.28%52.85%
Estimated Households By Household Incomelake-lure, ncUS
Income Less Than 15k19.06%12.10%
Income Between 15k And 25k13.13%10.18%
Income Between 25k And 35k12.95%10.56%
Income Between 35k And 50k18.35%14.98%
Income Between 50k And 75k16.91%19.53%
Income Between 75k And 100k8.63%12.52%
Income Between 100k And 150k7.92%12.14%
Income Between 150k And 250k1.98%3.91%
Income Between 250k And 500k0.90%3.34%
Income Greater Than 500k0.18%0.75%
Economylake-lure, ncUS
Unemployment Rate13.90%9.10%
Recent Job Growth-7.33%-0.12%
Future Job Growth11.44%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$23,427$27,067
Household Income$38,931$52,954
Housinglake-lure, ncUS
Median Home Age23.135.1
Median Home Cost$202,200$175,100
Home Appreciation-2.69%-3.15%
Homes Owned26.90%59.90%
Housing Vacant66.98%10.37%
Homes Rented6.12%29.73%
Property Tax Rate$6.56$11.20
Owner Occupied Housing Units By Valuelake-lure, ncUS
Less Than 20k2.87%2.65%
20k To 399993.09%3.76%
40k To 599992.65%4.99%
60k To 799995.74%6.01%
80k To 999997.06%7.27%
100k To 14999916.78%19.24%
150k To 19999913.69%14.67%
200k To 29999918.54%18.09%
300k To 39999914.57%9.14%
400k To 4999995.08%4.94%
500k To 7499995.96%5.42%
750k To 9999991.55%2.03%
1kk Or More2.43%1.77%
Educationlake-lure, ncUS
School Expend$4,744$5,678
Pupil Teacher Ratio15.114.9
Students Per Librarian384803
Students Per Counselor414513
2 Yr College Grad11.15%7.47%
4 Yr College Grad15.88%17.42%
Graduate Degrees9.57%10.12%
High School Grads92.43%84.72%
Crimelake-lure, ncUS
Violent Crime14
Property Crime64
Housing Units By Year Structure Builtlake-lure, ncUS
1999 To 200524.47%13.71%
1995 To 19989.11%8.54%
1990 To 19948.35%5.77%
1980 To 198927.14%13.87%
1970 To 197911.05%16.17%
1960 To 19695.64%11.70%
1950 To 19595.46%11.08%
1940 To 19494.33%6.02%
1939 Or Earlier4.45%13.15%

Table Information