Presque Isle FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Presque Isle, Maine.

Total: 5
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
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BLAINE ST Fort Fairfield ME 04742 Auctions 3 1.5 $18,500.00 Details
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CARY ST Houlton ME 04730 Auctions 4 1 $25,000.00 Details
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CHURCH AVE Frenchville ME 04745 Foreclosures 3 1 - Details
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PLEASANT ST Fort Kent ME 04743 Foreclosures 4 1 $53,000.00 Details
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SILVER RIDGE RD Sherman ME 04776 Auctions 3 1 $13,500.00 Details
About our Listings

How to Buy Presque Isle Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Presque Isle, ME starts with finding listings. By browsing Presque Isle 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 Presque Isle, ME.

>> See more info about how to Buy foreclosures

How to Invest in Presque Isle Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Maine Foreclosure Laws

Foreclosure law

In the state of Maine, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Maine 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 Maine REO properties.

Presque Isle Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Presque Isle Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Presque Isle Pre-Foreclosures

Foreclosure

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

Presque Isle Foreclosure Auctions

Foreclosure Auction

Most Presque Isle 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 Presque Isle, 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 Presque Isle, ME. We offer a comprehensive Presque Isle foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Presque Isle, Maine

Find Home Foreclosure Listings in Presque Isle, ME

Presque Isle 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 Presque Isle, ME 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 Presque Isle Maine, best affordable foreclosure condo in Presque Isle, cheap apartments for sale, bargain foreclosed homes for sale in Presque Isle, ME and earn huge savings on the homes YOU want to buy!

Our Presque Isle Foreclosure Lists

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

You can also search Houlton foreclosure listings and Fort Fairfield foreclosure listings for more properties in the neighboring area.



Presque Isle, ME

As of 2011, Presque Isle's population is 8,921 people. Since 2000, it has had a population growth of -6. 24 percent. The median home cost in Presque Isle is $84,200. Home appreciation the last year has been -1. 47 percent. Compared to the rest of the country, Presque Isle's cost of living is 10. 80% Lower than the U. S. average. Presque Isle public schools spend $6,175 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 4 students per teacher in Presque Isle. The unemployment rate in Presque Isle is 9. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Presque Isle jobs have Decreased by 1. 81 percent. Average Commute time is 14 minutes. The National Average is 28 minutes.

Peoplepresque-isle, meUS
Population8,921307,829,557
Pop Density11987
Pop Change-6.24%9.34%
Median Age40.336.6
Households3,985116,329,167
Household Size2.122.58
Male Population47.83%49.31%
Female Population52.17%50.69%
Married Population46.89%47.15%
Single Population53.11%52.85%
Estimated Households By Household Incomepresque-isle, meUS
Income Less Than 15k20.38%12.10%
Income Between 15k And 25k14.51%10.18%
Income Between 25k And 35k13.25%10.56%
Income Between 35k And 50k19.25%14.98%
Income Between 50k And 75k16.94%19.53%
Income Between 75k And 100k8.23%12.52%
Income Between 100k And 150k5.02%12.14%
Income Between 150k And 250k0.85%3.91%
Income Between 250k And 500k1.38%3.34%
Income Greater Than 500k0.18%0.75%
Economypresque-isle, meUS
Unemployment Rate9.40%9.10%
Recent Job Growth-1.81%-0.12%
Future Job Growth26.98%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income Per Cap$21,088$27,067
Household Income$36,353$52,954
Housingpresque-isle, meUS
Median Home Age52.835.1
Median Home Cost$84,200$175,100
Home Appreciation-1.47%-3.15%
Homes Owned52.37%59.90%
Housing Vacant9.76%10.37%
Homes Rented37.87%29.73%
Property Tax Rate$14.02$11.20
Owner Occupied Housing Units By Valuepresque-isle, meUS
Less Than 20k6.31%2.65%
20k To 399999.99%3.76%
40k To 5999914.49%4.99%
60k To 7999918.94%6.01%
80k To 9999920.03%7.27%
100k To 14999920.50%19.24%
150k To 1999995.75%14.67%
200k To 2999992.12%18.09%
300k To 3999991.21%9.14%
400k To 4999990.30%4.94%
500k To 7499990.35%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationpresque-isle, meUS
School Expend$6,175$5,678
Pupil Teacher Ratio11.414.9
Students Per Librarian1062803
Students Per Counselor425513
2 Yr College Grad11.98%7.47%
4 Yr College Grad15.03%17.42%
Graduate Degrees6.86%10.12%
High School Grads87.87%84.72%
Crimepresque-isle, meUS
Violent Crime24
Property Crime54
Housing Units By Year Structure Builtpresque-isle, meUS
1999 To 20053.92%13.71%
1995 To 19982.57%8.54%
1990 To 19943.32%5.77%
1980 To 198910.78%13.87%
1970 To 197915.45%16.17%
1960 To 19698.97%11.70%
1950 To 195915.06%11.08%
1940 To 19498.72%6.02%
1939 Or Earlier31.21%13.15%

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