Grand Forks FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Grand Forks, North Dakota.

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
2 Photos
CHERRY ST Grand Forks ND 58201 Foreclosures 3 1 $69,000.00 Details
2
2 Photos
27TH AVE S Grand Forks ND 58201 Foreclosures 4 1 $155,000.00 Details
3
2 Photos
S 19TH ST Grand Forks ND 58201 Foreclosures 3 1.5 $108,000.00 Details
About our Listings

How to Buy Grand Forks Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Grand Forks, ND starts with finding listings. By browsing Grand Forks 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 Grand Forks, ND.

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How to Invest in Grand Forks Foreclosures

How to invest foreclosure

Grand Forks 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 Grand Forks real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Grand Forks 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 Grand Forks foreclosure short sales, wait for the right property at the right price.

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Types of Foreclosures in Grand Forks

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Grand Forks 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 Grand Forks, ND. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Grand Forks apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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North Dakota Foreclosure Laws

Foreclosure law

In the state of North Dakota, real estate foreclosures are judicial foreclosures, meaning that distressed properties in North Dakota are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become North Dakota REO properties.

Grand Forks Banks Foreclosures

Bank Foreclosure

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

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Grand Forks Government Foreclosures

Government Foreclosure

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

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Grand Forks Pre-Foreclosures

Foreclosure

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

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Grand Forks Foreclosure Auctions

Foreclosure Auction

Most Grand Forks 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 Grand Forks, 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 Grand Forks, ND. We offer a comprehensive Grand Forks foreclosure auction listings.

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Top Zip Codes in Grand Forks, North Dakota

Find Home Foreclosure Listings in Grand Forks, ND

Grand Forks 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 Grand Forks, ND 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 Grand Forks North Dakota, best affordable foreclosure condo in Grand Forks, cheap apartments for sale, bargain foreclosed homes for sale in Grand Forks, ND and earn huge savings on the homes YOU want to buy!

Our Grand Forks Foreclosure Lists

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



Grand Forks, ND

As of 2011, Grand Forks's population is 51,518 people. Since 2000, it has had a population growth of 4. 38 percent. The median home cost in Grand Forks is $134,400. Home appreciation the last year has been -1. 45 percent. Compared to the rest of the country, Grand Forks's cost of living is 8. 90% Lower than the U. S. average. Grand Forks public schools spend $2,593 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 5 students per teacher in Grand Forks. The unemployment rate in Grand Forks is 4. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Grand Forks jobs have Decreased by 2. 05 percent. Average Commute time is 14 minutes. The National Average is 28 minutes.

Peoplegrand-forks, ndUS
Population51,518307,829,557
Pop Density2,71987
Pop Change4.38%9.34%
Median Age29.236.6
Households20,314116,329,167
Household Size2.242.58
Male Population51.05%49.31%
Female Population48.95%50.69%
Married Population39.48%47.15%
Single Population60.52%52.85%
Estimated Households By Household Incomegrand-forks, ndUS
Income Less Than 15k15.04%12.10%
Income Between 15k And 25k11.58%10.18%
Income Between 25k And 35k13.74%10.56%
Income Between 35k And 50k17.52%14.98%
Income Between 50k And 75k19.77%19.53%
Income Between 75k And 100k10.26%12.52%
Income Between 100k And 150k8.27%12.14%
Income Between 150k And 250k1.77%3.91%
Income Between 250k And 500k1.68%3.34%
Income Greater Than 500k0.37%0.75%
Economygrand-forks, ndUS
Unemployment Rate4.20%9.10%
Recent Job Growth-2.05%-0.12%
Future Job Growth31.70%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.54%6.25%
Income Per Cap$22,886$27,067
Household Income$43,158$52,954
Housinggrand-forks, ndUS
Median Home Age35.835.1
Median Home Cost$134,400$175,100
Home Appreciation-1.45%-3.15%
Homes Owned47.85%59.90%
Housing Vacant8.60%10.37%
Homes Rented43.55%29.73%
Property Tax Rate$19.67$11.20
Owner Occupied Housing Units By Valuegrand-forks, ndUS
Less Than 20k3.19%2.65%
20k To 399993.11%3.76%
40k To 599993.67%4.99%
60k To 799995.82%6.01%
80k To 999999.14%7.27%
100k To 14999936.06%19.24%
150k To 19999919.61%14.67%
200k To 29999914.40%18.09%
300k To 3999993.02%9.14%
400k To 4999991.25%4.94%
500k To 7499990.61%5.42%
750k To 9999990.07%2.03%
1kk Or More0.06%1.77%
Educationgrand-forks, ndUS
School Expend$2,593$5,678
Pupil Teacher Ratio12.514.9
Students Per Librarian202803
Students Per Counselor339513
2 Yr College Grad9.34%7.47%
4 Yr College Grad24.72%17.42%
Graduate Degrees12.82%10.12%
High School Grads92.46%84.72%
Crimegrand-forks, ndUS
Violent Crime44
Property Crime54
Housing Units By Year Structure Builtgrand-forks, ndUS
1999 To 200510.49%13.71%
1995 To 19985.31%8.54%
1990 To 19947.14%5.77%
1980 To 198913.42%13.87%
1970 To 197923.45%16.17%
1960 To 196911.96%11.70%
1950 To 195910.99%11.08%
1940 To 19493.96%6.02%
1939 Or Earlier13.28%13.15%

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