Rocky Mount FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Rocky Mount, Virginia.

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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GRASSY HILL RD Rocky Mount VA 24151 Foreclosures 3 2 $33,000.00 Details
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IRON RIDGE RD Rocky Mount VA 24151 Foreclosures 4 2 - Details
About our Listings

How to Buy Rocky Mount Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Rocky Mount, VA starts with finding listings. By browsing Rocky Mount 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 Rocky Mount, VA.

>> See more info about how to Buy foreclosures

How to Invest in Rocky Mount Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Virginia Foreclosure Laws

Foreclosure law

Virginia 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 Rocky Mount 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 Rocky Mount REO properties.

Rocky Mount Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Rocky Mount Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Rocky Mount Pre-Foreclosures

Foreclosure

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

Rocky Mount Foreclosure Auctions

Foreclosure Auction

Most Rocky Mount 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 Rocky Mount, 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 Rocky Mount, VA. We offer a comprehensive Rocky Mount foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Rocky Mount, Virginia

Find Home Foreclosure Listings in Rocky Mount, VA

Rocky Mount 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 Rocky Mount, VA 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 Rocky Mount Virginia, best affordable foreclosure condo in Rocky Mount, cheap apartments for sale, bargain foreclosed homes for sale in Rocky Mount, VA and earn huge savings on the homes YOU want to buy!

Our Rocky Mount Foreclosure Lists

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

You can also search Henry foreclosure listings and Wirtz foreclosure listings for more properties in the neighboring area.



Rocky Mount, VA

As of 2011, Rocky Mount's population is 4,185 people. Since 2000, it has had a population growth of 3. 03 percent. The median home cost in Rocky Mount is $126,500. Home appreciation the last year has been -1. 46 percent. Compared to the rest of the country, Rocky Mount's cost of living is 13. 80% Lower than the U. S. average. Rocky Mount public schools spend $4,791 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 2 students per teacher in Rocky Mount. The unemployment rate in Rocky Mount is 7. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Rocky Mount jobs have Decreased by 2. 47 percent. Average Commute time is 20 minutes. The National Average is 28 minutes.

Peoplerocky-mount, vaUS
Population4,185307,829,557
Pop Density87787
Pop Change3.03%9.34%
Median Age41.436.6
Households1,771116,329,167
Household Size2.142.58
Male Population47.18%49.31%
Female Population52.82%50.69%
Married Population37.83%47.15%
Single Population62.17%52.85%
Estimated Households By Household Incomerocky-mount, vaUS
Income Less Than 15k23.52%12.10%
Income Between 15k And 25k17.98%10.18%
Income Between 25k And 35k13.79%10.56%
Income Between 35k And 50k18.09%14.98%
Income Between 50k And 75k11.93%19.53%
Income Between 75k And 100k7.24%12.52%
Income Between 100k And 150k5.93%12.14%
Income Between 150k And 250k1.36%3.91%
Income Between 250k And 500k0.17%3.34%
Income Greater Than 500k0.00%0.75%
Economyrocky-mount, vaUS
Unemployment Rate7.00%9.10%
Recent Job Growth-2.47%-0.12%
Future Job Growth28.06%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$18,516$27,067
Household Income$31,185$52,954
Housingrocky-mount, vaUS
Median Home Age47.235.1
Median Home Cost$126,500$175,100
Home Appreciation-1.46%-3.15%
Homes Owned51.57%59.90%
Housing Vacant5.95%10.37%
Homes Rented42.48%29.73%
Property Tax Rate$4.90$11.20
Owner Occupied Housing Units By Valuerocky-mount, vaUS
Less Than 20k2.27%2.65%
20k To 399992.37%3.76%
40k To 599996.19%4.99%
60k To 7999910.52%6.01%
80k To 9999916.60%7.27%
100k To 14999931.03%19.24%
150k To 19999911.75%14.67%
200k To 29999911.75%18.09%
300k To 3999994.74%9.14%
400k To 4999991.96%4.94%
500k To 7499990.82%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationrocky-mount, vaUS
School Expend$4,791$5,678
Pupil Teacher Ratio12.214.9
Students Per Librarian507803
Students Per Counselor331513
2 Yr College Grad2.34%7.47%
4 Yr College Grad9.64%17.42%
Graduate Degrees4.37%10.12%
High School Grads73.68%84.72%
Crimerocky-mount, vaUS
Violent Crime34
Property Crime54
Housing Units By Year Structure Builtrocky-mount, vaUS
1999 To 20053.77%13.71%
1995 To 19985.00%8.54%
1990 To 19944.68%5.77%
1980 To 19899.52%13.87%
1970 To 197920.10%16.17%
1960 To 196910.58%11.70%
1950 To 195918.61%11.08%
1940 To 194911.43%6.02%
1939 Or Earlier16.32%13.15%

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