Make money investing in Alabama Foreclosure Homes
Alabama foreclosure homes are growing in number as the financial institutions in Alabama or the secured creditors do not want to wait endlessly for irresponsible owners that cannot pay their debts and they are becoming more and more serious about recuperating the lost sums, therefore imposing foreclosure on more and more real estate properties. To get their money back as soon as possible, banks usually announce publicly the real estate properties that need a more serious buyer than the former owner.
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Buying Homes in Distress and Making them Smile Again
You can literally brighten the future of your family if you undertake to care for a “distressed” home that is in a difficult financial state. Alabama foreclosure homes should be considered for this purpose. Have in mind that normally, foreclosure homes are sold between 20% to 40% off their market value, but sometimes you can get even better prices. With the money you save when buying a foreclosed property, you can pay for moving expenses, repairs, home equipment or just call yourself an astute, intelligent investor.
Getting hold of accurate and current listings of foreclosure homes in Alabama: a key element
Alabama foreclosure homes are quite numerous across its 135,765 km², and although Alabama is quite small compared to others in the USA - it’s ranked as the thirtieth largest state- 2,500+ foreclosure homes await you to save them from distress. In sixty seven counties, Alabama has properties that cost from $20,000 to $350,000+. The listings change all the time and this is why having access to accurate and current listings of foreclosure homes is key.
Our 10 most Recent Alabama Foreclosures
| Zipcode | Status | City | Street | County | Bed/Bath | Price | Details |
| 36582 | Active | Theodore | HIGHWAY 90 | Mobile | 3/2 | $42,900.00 | Details |
| 36751 | Active | Lower Peach Tree | JOY ST | Wilcox | 3/2 | $7,000.00 | Details |
| 36832 | Active | Auburn | TANGLEWOOD AVE | Lee | 4/2.5 | $124,740.00 | Details |
| 35466 | Active | Gordo | PARKS RD | Pickens | 4/2 | $45,900.00 | Details |
| 36579 | Active | Stockton | BRYANTS LANDING... | Baldwin | 2/2 | $36,900.00 | Details |
| 36861 | Active | Jacksons Gap | MANOY DR | Tallapoosa | 3/2 | $10,999.00 | Details |
| 36703 | Active | Selma | RIVER RD | Dallas | 3/2 | $54,900.00 | Details |
| 35650 | Active | Moulton | AL HIGHWAY 33 | Lawrence | 2/1 | $18,900.00 | Details |
| 35180 | Active | Warrior | KEMP DR | Jefferson | 3/1 | $10,000.00 | Details |
| 36027 | Active | Eufaula | WHITE OAK DR | Barbour | 5/4 | $120,000.00 | Details |
Choosing Alabama foreclosure homes the smart way
Carefully check the overall conditions of the propertiy you are interested in. If you do so, you will not have to invest in restoration and repairs. Also make sure the amenities and appliances are at their full functional state.
Alabama foreclosure homes in main cities
There are certain cities in which Alabama foreclosure homes are more numerous.The main cities in Alabama are: Birmingham, Montgomery, Mobile, Huntsville, Tuscaloosa, Hoover, Dothan, Decatur, Auburn and Gadsden.
If you do have the instinct of a good entrepreneur or investor, then buying foreclosure homes can be more than just a good investment: you may wind up with a quaint private condo, just for yourself and your family, and not want to sell it further, after all.
To find current and accurate listings of Alabama foreclosure homes, visit our partner site ForeclosureConnections.com.
Latest Alabama Foreclosures News
- Madison County foreclosures up slightly in April, RealtyTrac says - al.com (blog) - Fri, 18 May 2012 14:38:37 GMT
al.com (blog) Madison County foreclosures up slightly in April, RealtyTrac says al.com (blog) According to its US Foreclosure Market Report for April, there were 123 foreclosures in the county - one for every 1191 homes - compared with 117 in March - one in every 1252. In Alabama , there were 1803 foreclosures last month, compared with 1647 in ... and more »
- Huntsville foreclosure filings in first quarter down compared to year ago - al.com (blog) - Thu, 26 Apr 2012 11:56:02 GMT
al.com (blog) Huntsville foreclosure filings in first quarter down compared to year ago al.com (blog) By Budd McLaughlin, The Huntsville Times HUNTSVILLE, Alabama -- Foreclosure activity in the first quarter in Huntsville was down compared to a year ago, according to RealtyTrac, an online marketplace for foreclosure properties . While, foreclosures here ... Foreclosures , bankruptcies down as economy improves Chattanooga Times Free Press all 150 news articles »
- Short sales, foreclosures hinder housing recovery - CBS News - Wed, 09 May 2012 16:01:02 GMT
CBS News Short sales, foreclosures hinder housing recovery CBS News (MoneyWatch) Short sales and huge inventories of bank-owned real estate properties continue to put downward pressure on home prices, according to data released today by California-based analytics company CoreLogic. Fifty-seven of the 100 largest ... and more »
- Business digest - STLtoday.com - Sat, 19 May 2012 05:04:56 GMT
Business digest STLtoday.com (Lisa Brown) Foreclosures stabilize • The number of St. Louis-area houses facing foreclosure remained stable in April, with 1793 homes either declared in default, scheduled for auction or in possession of banks. Figures from RealtyTrac, the online ... and more »
- Number of foreclosure sales appears to be falling in Columbus - Columbus Ledger-Enquirer - Sun, 13 May 2012 02:04:36 GMT
Columbus Ledger-Enquirer Number of foreclosure sales appears to be falling in Columbus Columbus Ledger-Enquirer The Columbus resident purchases homes out of foreclosure , makes necessary repairs, and then turns around and sells them to an eager buyer. For more than two years, the market has been good to Sears, who has bought and sold 10 homes and has three more ... and more »
- Review homeowners insurance coverage regularly - Newsday - Fri, 18 May 2012 17:28:26 GMT
Newsday Review homeowners insurance coverage regularly Newsday LISTINGS : LI homes for sale and open houses MORE: Real estate blog | Get our real estate newsletter | LI foreclosure filings Supplement figures generated by your insurer for the replacement cost of your home by getting a second opinion from a local ... and more »
- Columbus leader joins White House Housing Forum - WRBL - Tue, 08 May 2012 22:32:57 GMT
Columbus leader joins White House Housing Forum WRBL Sanderson says the White House Forum on Housing is a 50 state strategy and because Georgia is one of the states hit hardest by foreclosure , its leaders were the second group invited to Washington. "Georgia is one of the leading states in the nation for ... and more »
- Foreclosure Prevention Aid Slow to Reach Georgians - Atlanta Progressive News - Sat, 12 May 2012 15:57:13 GMT
Foreclosure Prevention Aid Slow to Reach Georgians Atlanta Progressive News In 2010, the Obama Administration launched the Hardest Hit Fund to help homeowners avoid foreclosure in the areas hardest hit by steep home price declines and unemployment. Through the program, participating housing finance agencies (HFAs) in eighteen ... and more »
