Emporia FORECLOSURE LISTINGS

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

Total: 4
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
16 Photos
MADISON ST Emporia VA 23847 Foreclosures 3 2 $76,000.00 Details
2
16 Photos
WADLOW ST Emporia VA 23847 Foreclosures 3 2 $60,000.00 Details
3
10 Photos
RURITAN DR Emporia VA 23847 Foreclosures 3 1.1 $65,000.00 Details
4 -
0 Photo
JEFFERSON ST Emporia VA 23847 Auctions 4 2 - Details
About our Listings

How to Buy Emporia Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Emporia Foreclosures

How to invest foreclosure

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

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Types of Foreclosures in Emporia

Foreclosure home

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

Emporia Banks Foreclosures

Bank Foreclosure

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

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Emporia Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Emporia Pre-Foreclosures

Foreclosure

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

Emporia Foreclosure Auctions

Foreclosure Auction

Most Emporia 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 Emporia, 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 Emporia, VA. We offer a comprehensive Emporia foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Emporia, Virginia

Find Home Foreclosure Listings in Emporia, VA

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

Our Emporia Foreclosure Lists

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



Emporia, VA

As of 2011, Emporia's population is 5,632 people. Since 2000, it has had a population growth of -0. 65 percent. The median home cost in Emporia is $121,100. Home appreciation the last year has been -2. 58 percent. Compared to the rest of the country, Emporia's cost of living is 10. 60% Lower than the U. S. average. Emporia public schools spend $0 per student. The average school expenditure in the U. S. is $5,678. There are about 12 students per teacher in Emporia. The unemployment rate in Emporia is 12. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Emporia jobs have Increased by 0. 76 percent. Average Commute time is 20 minutes. The National Average is 28 minutes.

Peopleemporia, vaUS
Population5,632307,829,557
Pop Density81487
Pop Change-0.65%9.34%
Median Age4036.6
Households2,223116,329,167
Household Size2.392.58
Male Population46.02%49.31%
Female Population53.98%50.69%
Married Population37.38%47.15%
Single Population62.62%52.85%
Estimated Households By Household Incomeemporia, vaUS
Income Less Than 15k18.13%12.10%
Income Between 15k And 25k12.90%10.18%
Income Between 25k And 35k12.81%10.56%
Income Between 35k And 50k18.27%14.98%
Income Between 50k And 75k18.04%19.53%
Income Between 75k And 100k10.55%12.52%
Income Between 100k And 150k6.22%12.14%
Income Between 150k And 250k1.44%3.91%
Income Between 250k And 500k1.40%3.34%
Income Greater Than 500k0.23%0.75%
Economyemporia, vaUS
Unemployment Rate12.80%9.10%
Recent Job Growth0.76%-0.12%
Future Job Growth28.72%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$20,864$27,067
Household Income$39,945$52,954
Housingemporia, vaUS
Median Home Age42.435.1
Median Home Cost$121,100$175,100
Home Appreciation-2.58%-3.15%
Homes Owned42.85%59.90%
Housing Vacant12.37%10.37%
Homes Rented44.78%29.73%
Property Tax Rate$7.92$11.20
Owner Occupied Housing Units By Valueemporia, vaUS
Less Than 20k0.92%2.65%
20k To 399993.04%3.76%
40k To 599998.39%4.99%
60k To 7999914.58%6.01%
80k To 9999914.21%7.27%
100k To 14999935.52%19.24%
150k To 19999911.35%14.67%
200k To 2999996.83%18.09%
300k To 3999993.23%9.14%
400k To 4999991.38%4.94%
500k To 7499990.37%5.42%
750k To 9999990.18%2.03%
1kk Or More0.00%1.77%
Educationemporia, vaUS
School Expend$0$5,678
Pupil Teacher Ratio1214.9
Students Per Librarian0803
Students Per Counselor0513
2 Yr College Grad4.42%7.47%
4 Yr College Grad12.04%17.42%
Graduate Degrees4.90%10.12%
High School Grads67.40%84.72%
Crimeemporia, vaUS
Violent Crime94
Property Crime84
Housing Units By Year Structure Builtemporia, vaUS
1999 To 20055.97%13.71%
1995 To 19988.35%8.54%
1990 To 19947.86%5.77%
1980 To 198912.73%13.87%
1970 To 197911.54%16.17%
1960 To 196916.68%11.70%
1950 To 195916.48%11.08%
1940 To 194910.75%6.02%
1939 Or Earlier9.64%13.15%

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