Spring Lake FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Spring Lake, NC

Spring Lake Home Foreclosure Listing ID: 1869208

Foreclosure

Spring Lake, NC - 28390

3 Bd | 2 Ba | $31,900.00

Spring Lake Home Foreclosure Listing ID: 2008168

Foreclosure

Spring Lake, NC - 28390

3 Bd | 2 Ba | $52,000.00

Spring Lake Home Foreclosure Listing ID: 2007987

Foreclosure

Spring Lake, NC - 28390

4 Bd | 3 Ba | $202,900.00

Spring Lake Home Foreclosure Listing ID: 2042793

Foreclosure

Spring Lake, NC - 28390

4 Bd | 3 Ba | $214,900.00

Spring Lake Home Foreclosure Listing ID: 2046200

Foreclosure

Spring Lake, NC - 28390

4 Bd | 3.5 Ba | $315,000.00

Total: 9
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
FALLING WATER RD Spring Lake NC 28390 Foreclosures 4 3.5 $315,000.00 Details
2
18 Photos
COBBLESTONE DR Spring Lake NC 28390 Foreclosures 4 3 $202,900.00 Details
3
12 Photos
ORCHARD FALLS DR Spring Lake NC 28390 Foreclosures 4 3 $214,900.00 Details
4
9 Photos
RIVERSIDE CIR Spring Lake NC 28390 Foreclosures 3 2 $31,900.00 Details
5
9 Photos
RED FOX RD Spring Lake NC 28390 Foreclosures 3 2 $52,000.00 Details
6
2 Photos
DEERFIELD DR Spring Lake NC 28390 Foreclosures 3 - $74,900.00 Details
7 -
0 Photo
REGINA DR Spring Lake NC 28390 Foreclosures 3 2 $33,900.00 Details
8 -
0 Photo
LONDONTOWN DR Spring Lake NC 28390 Foreclosures 3 2 $32,900.00 Details
9
2 Photos
BRINKLEY DR Spring Lake NC 28390 Foreclosures 3 1 $21,900.00 Details
About our Listings

How to Buy Spring Lake Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Spring Lake Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Spring Lake Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Spring Lake Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Spring Lake Pre-Foreclosures

Foreclosure

PreForeclosures in Spring Lake 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 Lake 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

Spring Lake Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Spring Lake, North Carolina

Find Home Foreclosure Listings in Spring Lake, NC

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

Our Spring Lake Foreclosure Lists

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

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



Spring Lake, NC

As of 2011, Spring Lake's population is 7,749 people. Since 2000, it has had a population growth of -4. 30 percent. The median home cost in Spring Lake is $94,600. Home appreciation the last year has been 0. 67 percent. Compared to the rest of the country, Spring Lake's cost of living is 9. 90% Lower than the U. S. average. Spring Lake public schools spend $4,329 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 6 students per teacher in Spring Lake. The unemployment rate in Spring Lake is 9. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Spring Lake jobs have Decreased by 1. 14 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peoplespring-lake, ncUS
Population7,749307,829,557
Pop Density2,16487
Pop Change-4.30%9.34%
Median Age30.136.6
Households3,179116,329,167
Household Size2.442.58
Male Population47.91%49.31%
Female Population52.09%50.69%
Married Population40.17%47.15%
Single Population59.83%52.85%
Estimated Households By Household Incomespring-lake, ncUS
Income Less Than 15k23.05%12.10%
Income Between 15k And 25k16.81%10.18%
Income Between 25k And 35k16.43%10.56%
Income Between 35k And 50k19.55%14.98%
Income Between 50k And 75k14.95%19.53%
Income Between 75k And 100k5.93%12.52%
Income Between 100k And 150k2.78%12.14%
Income Between 150k And 250k0.25%3.91%
Income Between 250k And 500k0.22%3.34%
Income Greater Than 500k0.03%0.75%
Economyspring-lake, ncUS
Unemployment Rate9.10%9.10%
Recent Job Growth-1.14%-0.12%
Future Job Growth28.62%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$15,133$27,067
Household Income$31,277$52,954
Housingspring-lake, ncUS
Median Home Age3035.1
Median Home Cost$94,600$175,100
Home Appreciation0.67%-3.15%
Homes Owned28.17%59.90%
Housing Vacant21.92%10.37%
Homes Rented49.91%29.73%
Property Tax Rate$11.30$11.20
Owner Occupied Housing Units By Valuespring-lake, ncUS
Less Than 20k6.21%2.65%
20k To 399998.13%3.76%
40k To 599998.13%4.99%
60k To 7999913.20%6.01%
80k To 9999931.91%7.27%
100k To 14999929.28%19.24%
150k To 1999992.97%14.67%
200k To 2999990.17%18.09%
300k To 3999990.00%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationspring-lake, ncUS
School Expend$4,329$5,678
Pupil Teacher Ratio15.614.9
Students Per Librarian524803
Students Per Counselor349513
2 Yr College Grad11.70%7.47%
4 Yr College Grad7.13%17.42%
Graduate Degrees3.18%10.12%
High School Grads85.59%84.72%
Crimespring-lake, ncUS
Violent Crime74
Property Crime104
Housing Units By Year Structure Builtspring-lake, ncUS
1999 To 200511.52%13.71%
1995 To 19988.63%8.54%
1990 To 19948.80%5.77%
1980 To 198919.97%13.87%
1970 To 197921.64%16.17%
1960 To 196917.16%11.70%
1950 To 19598.59%11.08%
1940 To 19492.71%6.02%
1939 Or Earlier0.96%13.15%

Table Information