Louisburg FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Louisburg, NC

Louisburg Home Foreclosure Listing ID: 2150503

Foreclosure

Louisburg, NC - 27549

3 Bd | 2 Ba | $33,000.00

Louisburg Home Foreclosure Listing ID: 2137835

Foreclosure

Louisburg, NC - 27549

4 Bd | 2 Ba | $48,900.00

Louisburg Home Foreclosure Listing ID: 2150449

Foreclosure

Louisburg, NC - 27549

3 Bd | 2 Ba | $62,000.00

Louisburg Home Foreclosure Listing ID: 2150529

Foreclosure

Louisburg, NC - 27549

3 Bd | 2 Ba | $64,000.00

Louisburg Home Foreclosure Listing ID: 2150567

Foreclosure

Louisburg, NC - 27549

3 Bd | 2 Ba | $102,000.00

Total: 9
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
15 Photos
N VALLEY DR Louisburg NC 27549 Foreclosures 3 2 $102,000.00 Details
2
6 Photos
MOUNTAIN VIEW RD Louisburg NC 27549 Foreclosures 4 2 $48,900.00 Details
3
8 Photos
WILDERS LN Louisburg NC 27549 Foreclosures 4 2 $39,500.00 Details
4
13 Photos
FLOYD RD Louisburg NC 27549 Foreclosures 3 2 $64,000.00 Details
5
12 Photos
VILLAGE DR Louisburg NC 27549 Foreclosures 3 2 $33,000.00 Details
6
16 Photos
BUNN RD Louisburg NC 27549 Foreclosures 3 1 $42,000.00 Details
7
21 Photos
HILLCREST RD Louisburg NC 27549 Foreclosures 3 2 $62,000.00 Details
8
12 Photos
JOE DENTON RD Louisburg NC 27549 Foreclosures 3 1 $45,000.00 Details
9
7 Photos
N MAIN ST Louisburg NC 27549 Foreclosures 5 2 - Details
About our Listings

How to Buy Louisburg Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Louisburg Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Louisburg Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Louisburg Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Louisburg Pre-Foreclosures

Foreclosure

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

Louisburg Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Louisburg, North Carolina

Find Home Foreclosure Listings in Louisburg, NC

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

Our Louisburg Foreclosure Lists

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

You can also search Franklinton foreclosure listings and Youngsville foreclosure listings for more properties in the neighboring area.



Louisburg, NC

As of 2011, Louisburg's population is 3,580 people. Since 2000, it has had a population growth of 15. 08 percent. The median home cost in Louisburg is $104,500. Home appreciation the last year has been -1. 64 percent. Compared to the rest of the country, Louisburg's cost of living is 10. 70% Lower than the U. S. average. Louisburg public schools spend $4,368 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 7 students per teacher in Louisburg. The unemployment rate in Louisburg is 9. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Louisburg jobs have Increased by 0. 31 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplelouisburg, ncUS
Population3,580307,829,557
Pop Density1,41687
Pop Change15.08%9.34%
Median Age36.436.6
Households1,334116,329,167
Household Size2.382.58
Male Population47.83%49.31%
Female Population52.17%50.69%
Married Population33.48%47.15%
Single Population66.52%52.85%
Estimated Households By Household Incomelouisburg, ncUS
Income Less Than 15k18.50%12.10%
Income Between 15k And 25k13.83%10.18%
Income Between 25k And 35k14.36%10.56%
Income Between 35k And 50k15.11%14.98%
Income Between 50k And 75k17.74%19.53%
Income Between 75k And 100k9.85%12.52%
Income Between 100k And 150k8.05%12.14%
Income Between 150k And 250k1.05%3.91%
Income Between 250k And 500k1.28%3.34%
Income Greater Than 500k0.23%0.75%
Economylouisburg, ncUS
Unemployment Rate9.90%9.10%
Recent Job Growth0.31%-0.12%
Future Job Growth30.72%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$20,296$27,067
Household Income$38,420$52,954
Housinglouisburg, ncUS
Median Home Age37.735.1
Median Home Cost$104,500$175,100
Home Appreciation-1.64%-3.15%
Homes Owned51.21%59.90%
Housing Vacant8.09%10.37%
Homes Rented40.70%29.73%
Property Tax Rate$8.31$11.20
Owner Occupied Housing Units By Valuelouisburg, ncUS
Less Than 20k7.56%2.65%
20k To 399994.99%3.76%
40k To 599996.34%4.99%
60k To 7999914.98%6.01%
80k To 9999912.82%7.27%
100k To 14999926.45%19.24%
150k To 19999913.63%14.67%
200k To 2999998.77%18.09%
300k To 3999992.97%9.14%
400k To 4999991.08%4.94%
500k To 7499990.00%5.42%
750k To 9999990.13%2.03%
1kk Or More0.27%1.77%
Educationlouisburg, ncUS
School Expend$4,368$5,678
Pupil Teacher Ratio15.714.9
Students Per Librarian647803
Students Per Counselor460513
2 Yr College Grad6.71%7.47%
4 Yr College Grad13.21%17.42%
Graduate Degrees5.96%10.12%
High School Grads78.37%84.72%
Crimelouisburg, ncUS
Violent Crime64
Property Crime64
Housing Units By Year Structure Builtlouisburg, ncUS
1999 To 20058.29%13.71%
1995 To 19986.28%8.54%
1990 To 19948.58%5.77%
1980 To 198913.96%13.87%
1970 To 197915.41%16.17%
1960 To 196913.27%11.70%
1950 To 195913.48%11.08%
1940 To 19496.77%6.02%
1939 Or Earlier13.96%13.15%

Table Information