Monroe FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Monroe, NC

Monroe Home Foreclosure Listing ID: 2161794

Foreclosure

Monroe, NC - 28110

2 Bd | 1 Ba | $21,900.00

Monroe Home Foreclosure Listing ID: 2161719

Foreclosure

Monroe, NC - 28110

3 Bd | 2 Ba | $83,900.00

Monroe Home Foreclosure Listing ID: 2161704

Foreclosure

Monroe, NC - 28110

3 Bd | 3 Ba | $109,900.00

Monroe Home Foreclosure Listing ID: 2161676

Foreclosure

Monroe, NC - 28110

3 Bd | 3 Ba | $134,900.00

Monroe Home Foreclosure Listing ID: 2161797

Foreclosure

Monroe, NC - 28110

4 Bd | 3 Ba | $233,900.00

Total: 31
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
8 Photos
IRONGATE DR Monroe NC 28110 Foreclosures 4 3 $233,900.00 Details
2
14 Photos
JOE GRIFFIN RD Monroe NC 28112 Foreclosures 4 2 $45,000.00 Details
3
16 Photos
KINGSWOOD DR Monroe NC 28112 Foreclosures 3 3 $149,900.00 Details
4
17 Photos
LOUISE DR Monroe NC 28112 Foreclosures 3 2.1 $115,000.00 Details
5
12 Photos
ALDERSBROOK DR Monroe NC 28110 Foreclosures 3 2 $95,000.00 Details
6
5 Photos
WINDSWEPT LN Monroe NC 28110 Foreclosures 4 2 $105,000.00 Details
7
9 Photos
WATERLEMON WAY Monroe NC 28110 Foreclosures 3 3 $134,900.00 Details
8
10 Photos
LANDEN CHASE DR Monroe NC 28110 Foreclosures 3 2 $119,900.00 Details
9
10 Photos
WHITE STORE RD Monroe NC 28112 Foreclosures 3 2 $64,985.00 Details
10
8 Photos
UNION ST Monroe NC 28110 Foreclosures 2 1 $21,900.00 Details
11
10 Photos
WINTERBERRY LN Monroe NC 28110 Foreclosures 3 3 $109,900.00 Details
12
16 Photos
BROOK VALLEY RUN Monroe NC 28110 Foreclosures 4 3 $185,900.00 Details
13
12 Photos
BEARSKIN LN Monroe NC 28110 Foreclosures 3 2 $99,900.00 Details
14
23 Photos
E VILLAGE DR Monroe NC 28112 Foreclosures 3 2 $55,000.00 Details
15
10 Photos
DAIRY FARM DR Monroe NC 28110 Foreclosures 3 2 $83,900.00 Details
16
9 Photos
EDGEHILL DR Monroe NC 28110 Auctions 3 2 - Details
17
11 Photos
CONCORD HWY Monroe NC 28110 Auctions 2 1 - Details
18
16 Photos
OLD PAGELAND MARSHVILLE RD Monroe NC 28112 Foreclosures 3 2 - Details
19
2 Photos
TRADEWINDS DR Monroe NC 28112 Foreclosures 4 2.5 - Details
20
11 Photos
WINDJAMMER DR Monroe NC 28110 Foreclosures 3 2 - Details
About our Listings

How to Buy Monroe Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Monroe Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Monroe Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Monroe Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Monroe Pre-Foreclosures

Foreclosure

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

Monroe Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Monroe, North Carolina

Find Home Foreclosure Listings in Monroe, NC

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

Our Monroe Foreclosure Lists

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

You can also search Matthews foreclosure listings and Waxhaw foreclosure listings for more properties in the neighboring area.



Monroe, NC

As of 2011, Monroe's population is 32,985 people. Since 2000, it has had a population growth of 25. 84 percent. The median home cost in Monroe is $145,600. Home appreciation the last year has been -3. 08 percent. Compared to the rest of the country, Monroe's cost of living is 6. 00% Lower than the U. S. average. Monroe public schools spend $4,289 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 8 students per teacher in Monroe. The unemployment rate in Monroe is 8. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Monroe jobs have Decreased by 2. 27 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplemonroe, ncUS
Population32,985307,829,557
Pop Density1,33787
Pop Change25.84%9.34%
Median Age32.636.6
Households11,263116,329,167
Household Size2.872.58
Male Population50.72%49.31%
Female Population49.28%50.69%
Married Population43.30%47.15%
Single Population56.70%52.85%
Estimated Households By Household Incomemonroe, ncUS
Income Less Than 15k14.38%12.10%
Income Between 15k And 25k10.59%10.18%
Income Between 25k And 35k10.87%10.56%
Income Between 35k And 50k16.10%14.98%
Income Between 50k And 75k20.75%19.53%
Income Between 75k And 100k13.20%12.52%
Income Between 100k And 150k8.91%12.14%
Income Between 150k And 250k2.41%3.91%
Income Between 250k And 500k2.33%3.34%
Income Greater Than 500k0.46%0.75%
Economymonroe, ncUS
Unemployment Rate8.70%9.10%
Recent Job Growth-2.27%-0.12%
Future Job Growth26.76%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$21,462$27,067
Household Income$48,185$52,954
Housingmonroe, ncUS
Median Home Age26.135.1
Median Home Cost$145,600$175,100
Home Appreciation-3.08%-3.15%
Homes Owned52.82%59.90%
Housing Vacant6.04%10.37%
Homes Rented41.14%29.73%
Property Tax Rate$6.15$11.20
Owner Occupied Housing Units By Valuemonroe, ncUS
Less Than 20k1.77%2.65%
20k To 399993.35%3.76%
40k To 599994.94%4.99%
60k To 799997.45%6.01%
80k To 999998.70%7.27%
100k To 14999926.94%19.24%
150k To 19999920.82%14.67%
200k To 29999919.61%18.09%
300k To 3999993.13%9.14%
400k To 4999991.12%4.94%
500k To 7499991.14%5.42%
750k To 9999990.76%2.03%
1kk Or More0.27%1.77%
Educationmonroe, ncUS
School Expend$4,289$5,678
Pupil Teacher Ratio17.814.9
Students Per Librarian437803
Students Per Counselor398513
2 Yr College Grad5.29%7.47%
4 Yr College Grad14.41%17.42%
Graduate Degrees5.93%10.12%
High School Grads73.79%84.72%
Crimemonroe, ncUS
Violent Crime74
Property Crime104
Housing Units By Year Structure Builtmonroe, ncUS
1999 To 200520.33%13.71%
1995 To 199811.16%8.54%
1990 To 19949.49%5.77%
1980 To 198914.85%13.87%
1970 To 197912.99%16.17%
1960 To 196912.83%11.70%
1950 To 19598.05%11.08%
1940 To 19493.70%6.02%
1939 Or Earlier6.60%13.15%

Table Information