Union Springs FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Union Springs, Alabama.

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
17 Photos
CHUNNENUGGEE AVE Union Springs AL 36089 Foreclosures 6 3 $74,900.00 Details
2
6 Photos
SIDNEY LN Union Springs AL 36089 Foreclosures 4 2 $54,000.00 Details
3
1 Photo
TAWANA DR Union Springs AL 36089 Foreclosures 4 2.5 $179,900.00 Details
4
62 Photos
PRAIRIE ST N Union Springs AL 36089 Auctions 5 4 - Details
5
2 Photos
POWELL ST S Union Springs AL 36089 Foreclosures - - - Details
6
1 Photo
ESTATE DR Union Springs AL 36089 Foreclosures - - - Details
About our Listings

How to Buy Union Springs Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Union Springs, AL starts with finding listings. By browsing Union Springs 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 Union Springs, AL.

>> See more info about how to Buy foreclosures

How to Invest in Union Springs Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Alabama Foreclosure Laws

Foreclosure law

Alabama 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 Union Springs 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 Union Springs REO properties.

Union Springs Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Union Springs Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Union Springs Pre-Foreclosures

Foreclosure

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

Union Springs Foreclosure Auctions

Foreclosure Auction

Most Union Springs 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 Union Springs, 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 Union Springs, AL. We offer a comprehensive Union Springs foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Union Springs, Alabama

Find Home Foreclosure Listings in Union Springs, AL

Union Springs 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 Union Springs, AL 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 Union Springs Alabama, best affordable foreclosure condo in Union Springs, cheap apartments for sale, bargain foreclosed homes for sale in Union Springs, AL and earn huge savings on the homes YOU want to buy!

Our Union Springs Foreclosure Lists

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



Union Springs, AL

As of 2011, Union Springs's population is 3,240 people. Since 2000, it has had a population growth of -11. 64 percent. The median home cost in Union Springs is $82,700. Home appreciation the last year has been -6. 26 percent. Compared to the rest of the country, Union Springs's cost of living is 16. 80% Lower than the U. S. average. Union Springs public schools spend $4,173 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 6 students per teacher in Union Springs. The unemployment rate in Union Springs is 14. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Union Springs jobs have Decreased by 1. 08 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peopleunion-springs, alUS
Population3,240307,829,557
Pop Density48087
Pop Change-11.64%9.34%
Median Age33.436.6
Households1,045116,329,167
Household Size2.552.58
Male Population56.52%49.31%
Female Population43.48%50.69%
Married Population17.86%47.15%
Single Population82.14%52.85%
Estimated Households By Household Incomeunion-springs, alUS
Income Less Than 15k37.99%12.10%
Income Between 15k And 25k15.02%10.18%
Income Between 25k And 35k14.07%10.56%
Income Between 35k And 50k13.68%14.98%
Income Between 50k And 75k10.05%19.53%
Income Between 75k And 100k4.78%12.52%
Income Between 100k And 150k3.92%12.14%
Income Between 150k And 250k0.38%3.91%
Income Between 250k And 500k0.10%3.34%
Income Greater Than 500k0.00%0.75%
Economyunion-springs, alUS
Unemployment Rate14.20%9.10%
Recent Job Growth-1.08%-0.12%
Future Job Growth23.64%31.25%
Sales Taxes9.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$11,004$27,067
Household Income$22,889$52,954
Housingunion-springs, alUS
Median Home Age34.835.1
Median Home Cost$82,700$175,100
Home Appreciation-6.26%-3.15%
Homes Owned50.24%59.90%
Housing Vacant17.59%10.37%
Homes Rented32.18%29.73%
Property Tax Rate$3.52$11.20
Owner Occupied Housing Units By Valueunion-springs, alUS
Less Than 20k9.89%2.65%
20k To 3999913.19%3.76%
40k To 5999912.87%4.99%
60k To 7999914.44%6.01%
80k To 9999916.33%7.27%
100k To 14999916.33%19.24%
150k To 1999996.91%14.67%
200k To 2999994.24%18.09%
300k To 3999991.57%9.14%
400k To 4999990.47%4.94%
500k To 7499991.41%5.42%
750k To 9999991.10%2.03%
1kk Or More1.26%1.77%
Educationunion-springs, alUS
School Expend$4,173$5,678
Pupil Teacher Ratio16.614.9
Students Per Librarian283803
Students Per Counselor339513
2 Yr College Grad4.06%7.47%
4 Yr College Grad4.55%17.42%
Graduate Degrees4.39%10.12%
High School Grads65.75%84.72%
Crimeunion-springs, alUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtunion-springs, alUS
1999 To 20052.05%13.71%
1995 To 19986.54%8.54%
1990 To 19949.71%5.77%
1980 To 198919.56%13.87%
1970 To 197925.79%16.17%
1960 To 196915.14%11.70%
1950 To 195910.96%11.08%
1940 To 19492.21%6.02%
1939 Or Earlier8.04%13.15%

Table Information