Shallotte FORECLOSURE LISTINGS

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

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
TANNER DR SW Shallotte NC 28470 Foreclosures 3 2 $115,000.00 Details
2
15 Photos
LAKEWOOD DR SW Shallotte NC 28470 Foreclosures 4 2 $84,900.00 Details
3
12 Photos
RUBY WAY NW Shallotte NC 28470 Foreclosures 3 2 - Details
4
8 Photos
FOX ST Shallotte NC 28470 Foreclosures 3 2 $97,900.00 Details
5
13 Photos
BAY VLG NW Shallotte NC 28470 Foreclosures 3 2 $113,900.00 Details
6 -
0 Photo
OAK DR SW LOT 32 Shallotte NC 28470 Foreclosures - - $7,500.00 Details
7 -
0 Photo
OAK DR SW LOT 17 Shallotte NC 28470 Foreclosures - - $3,900.00 Details
8 -
0 Photo
PINE HILL DR SW LOT 59 Shallotte NC 28470 Foreclosures - - $3,900.00 Details
About our Listings

How to Buy Shallotte Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Shallotte Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Shallotte Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Shallotte Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Shallotte Pre-Foreclosures

Foreclosure

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

Shallotte Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Shallotte, North Carolina

Find Home Foreclosure Listings in Shallotte, NC

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

Our Shallotte Foreclosure Lists

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

You can also search Ocean Isle Beach foreclosure listings and Bolivia foreclosure listings for more properties in the neighboring area.



Shallotte, NC

As of 2011, Shallotte's population is 2,029 people. Since 2000, it has had a population growth of 46. 92 percent. The median home cost in Shallotte is $218,900. Home appreciation the last year has been -6. 53 percent. Compared to the rest of the country, Shallotte's cost of living is 10. 10% Higher than the U. S. average. Shallotte public schools spend $4,575 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 2 students per teacher in Shallotte. The unemployment rate in Shallotte is 10. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Shallotte jobs have Decreased by 1. 00 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peopleshallotte, ncUS
Population2,029307,829,557
Pop Density35287
Pop Change46.92%9.34%
Median Age41.936.6
Households865116,329,167
Household Size2.32.58
Male Population48.00%49.31%
Female Population52.00%50.69%
Married Population60.21%47.15%
Single Population39.79%52.85%
Estimated Households By Household Incomeshallotte, ncUS
Income Less Than 15k13.84%12.10%
Income Between 15k And 25k11.88%10.18%
Income Between 25k And 35k11.65%10.56%
Income Between 35k And 50k16.61%14.98%
Income Between 50k And 75k18.80%19.53%
Income Between 75k And 100k9.34%12.52%
Income Between 100k And 150k10.84%12.14%
Income Between 150k And 250k4.04%3.91%
Income Between 250k And 500k2.77%3.34%
Income Greater Than 500k0.23%0.75%
Economyshallotte, ncUS
Unemployment Rate10.90%9.10%
Recent Job Growth-1.00%-0.12%
Future Job Growth27.10%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$27,093$27,067
Household Income$46,574$52,954
Housingshallotte, ncUS
Median Home Age15.935.1
Median Home Cost$218,900$175,100
Home Appreciation-6.53%-3.15%
Homes Owned69.14%59.90%
Housing Vacant10.80%10.37%
Homes Rented20.06%29.73%
Property Tax Rate$5.99$11.20
Owner Occupied Housing Units By Valueshallotte, ncUS
Less Than 20k1.49%2.65%
20k To 399992.53%3.76%
40k To 599993.87%4.99%
60k To 799994.17%6.01%
80k To 999994.32%7.27%
100k To 14999914.43%19.24%
150k To 19999916.07%14.67%
200k To 29999926.93%18.09%
300k To 39999916.22%9.14%
400k To 4999996.25%4.94%
500k To 7499992.08%5.42%
750k To 9999991.19%2.03%
1kk Or More0.45%1.77%
Educationshallotte, ncUS
School Expend$4,575$5,678
Pupil Teacher Ratio15.214.9
Students Per Librarian398803
Students Per Counselor405513
2 Yr College Grad6.68%7.47%
4 Yr College Grad17.20%17.42%
Graduate Degrees8.45%10.12%
High School Grads85.78%84.72%
Crimeshallotte, ncUS
Violent Crime84
Property Crime104
Housing Units By Year Structure Builtshallotte, ncUS
1999 To 200536.42%13.71%
1995 To 199812.77%8.54%
1990 To 19949.66%5.77%
1980 To 198920.78%13.87%
1970 To 19797.72%16.17%
1960 To 19697.10%11.70%
1950 To 19592.06%11.08%
1940 To 19491.95%6.02%
1939 Or Earlier1.54%13.15%

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