Lake Mary FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Lake Mary, Florida.

Total: 14
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
1 Photo
REMINGTON OAK DR Lake Mary FL 32746 Foreclosures 2 2 $80,000.00 Details
2
12 Photos
FOXTAIL CT Lake Mary FL 32746 Foreclosures 4 3 $474,900.00 Details
3
8 Photos
BAYMOOR WAY Lake Mary FL 32746 Foreclosures 4 3 $289,900.00 Details
4
16 Photos
W SPRINGTREE WAY Lake Mary FL 32746 Foreclosures 4 2.5 - Details
5
3 Photos
PADDINGTON TER Lake Mary FL 32746 Foreclosures 4 2.5 - Details
6
3 Photos
HOLBROOK CIR Lake Mary FL 32746 Foreclosures - - - Details
7 -
0 Photo
GRASSY POINT DR UNIT 211 Lake Mary FL 32746 Foreclosures 1 1 $24,900.00 Details
8
1 Photo
GRASSY POINT DR UNIT 206 Lake Mary FL 32746 Foreclosures 1 1 $39,900.00 Details
9 -
0 Photo
CANYON STONE CIR Lake Mary FL 32746 Foreclosures 3 3 $164,900.00 Details
10 -
0 Photo
CARDINAL OAKS CT Lake Mary FL 32746 Foreclosures 4 2 $205,900.00 Details
11 -
0 Photo
BIRMINGHAM CT APT 103 Lake Mary FL 32746 Foreclosures 3 2 $66,900.00 Details
12
2 Photos
ABERDOVEY PT Lake Mary FL 32746 Foreclosures 4 2 $205,000.00 Details
13
2 Photos
CARDINAL OAKS CT Lake Mary FL 32746 Foreclosures 4 2 $152,900.00 Details
14
9 Photos
BIRD BAY COURT Lake Mary FL 32746 Foreclosures 3 2 - Details
About our Listings

How to Buy Lake Mary Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Lake Mary, FL starts with finding listings. By browsing Lake Mary 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 Lake Mary, FL.

>> See more info about how to Buy foreclosures

How to Invest in Lake Mary Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Florida Foreclosure Laws

Foreclosure law

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

Lake Mary Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lake Mary Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lake Mary Pre-Foreclosures

Foreclosure

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

Lake Mary Foreclosure Auctions

Foreclosure Auction

Most Lake Mary 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 Lake Mary, 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 Lake Mary, FL. We offer a comprehensive Lake Mary foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lake Mary, Florida

Find Home Foreclosure Listings in Lake Mary, FL

Lake Mary 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 Lake Mary, FL 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 Lake Mary Florida, best affordable foreclosure condo in Lake Mary, cheap apartments for sale, bargain foreclosed homes for sale in Lake Mary, FL and earn huge savings on the homes YOU want to buy!

Our Lake Mary Foreclosure Lists

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

You can also search Altamonte Springs foreclosure listings and Longwood foreclosure listings for more properties in the neighboring area.



Lake Mary, FL

As of 2011, Lake Mary's population is 15,829 people. Since 2000, it has had a population growth of 38. 15 percent. The median home cost in Lake Mary is $268,000. Home appreciation the last year has been -7. 71 percent. Compared to the rest of the country, Lake Mary's cost of living is 17. 10% Higher than the U. S. average. Lake Mary public schools spend $4,436 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 4 students per teacher in Lake Mary. The unemployment rate in Lake Mary is 9. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Lake Mary jobs have Increased by 1. 35 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplelake-mary, flUS
Population15,829307,829,557
Pop Density1,85087
Pop Change38.15%9.34%
Median Age40.736.6
Households5,731116,329,167
Household Size2.622.58
Male Population50.29%49.31%
Female Population49.71%50.69%
Married Population51.95%47.15%
Single Population48.05%52.85%
Estimated Households By Household Incomelake-mary, flUS
Income Less Than 15k3.55%12.10%
Income Between 15k And 25k4.90%10.18%
Income Between 25k And 35k7.20%10.56%
Income Between 35k And 50k11.48%14.98%
Income Between 50k And 75k18.94%19.53%
Income Between 75k And 100k17.51%12.52%
Income Between 100k And 150k20.16%12.14%
Income Between 150k And 250k9.10%3.91%
Income Between 250k And 500k6.26%3.34%
Income Greater Than 500k0.91%0.75%
Economylake-mary, flUS
Unemployment Rate9.70%9.10%
Recent Job Growth1.35%-0.12%
Future Job Growth33.00%31.25%
Sales Taxes7.00%6.80%
Income Taxes0.00%6.25%
Income Per Cap$36,780$27,067
Household Income$80,689$52,954
Housinglake-mary, flUS
Median Home Age15.935.1
Median Home Cost$268,000$175,100
Home Appreciation-7.71%-3.15%
Homes Owned76.72%59.90%
Housing Vacant5.86%10.37%
Homes Rented17.42%29.73%
Property Tax Rate$11.20$11.20
Owner Occupied Housing Units By Valuelake-mary, flUS
Less Than 20k0.15%2.65%
20k To 399990.02%3.76%
40k To 599990.11%4.99%
60k To 799991.65%6.01%
80k To 999993.51%7.27%
100k To 14999915.14%19.24%
150k To 19999912.79%14.67%
200k To 29999931.20%18.09%
300k To 39999920.95%9.14%
400k To 4999999.60%4.94%
500k To 7499994.06%5.42%
750k To 9999990.60%2.03%
1kk Or More0.24%1.77%
Educationlake-mary, flUS
School Expend$4,436$5,678
Pupil Teacher Ratio16.414.9
Students Per Librarian819803
Students Per Counselor567513
2 Yr College Grad8.72%7.47%
4 Yr College Grad22.92%17.42%
Graduate Degrees11.68%10.12%
High School Grads92.06%84.72%
Crimelake-mary, flUS
Violent Crime24
Property Crime34
Housing Units By Year Structure Builtlake-mary, flUS
1999 To 200530.53%13.71%
1995 To 199818.15%8.54%
1990 To 199414.59%5.77%
1980 To 198920.01%13.87%
1970 To 19799.38%16.17%
1960 To 19693.43%11.70%
1950 To 19592.44%11.08%
1940 To 19490.79%6.02%
1939 Or Earlier0.67%13.15%

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