Urbana FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
17 Photos
N MAIN ST Urbana OH 43078 Foreclosures 4 3 $75,900.00 Details
2
8 Photos
S HIGH ST Urbana OH 43078 Foreclosures 3 1 - Details
About our Listings

How to Buy Urbana Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Urbana, OH starts with finding listings. By browsing Urbana 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 Urbana, OH.

>> See more info about how to Buy foreclosures

How to Invest in Urbana Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Ohio Foreclosure Laws

Foreclosure law

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

Urbana Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Urbana Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Urbana Pre-Foreclosures

Foreclosure

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

Urbana Foreclosure Auctions

Foreclosure Auction

Most Urbana 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 Urbana, 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 Urbana, OH. We offer a comprehensive Urbana foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Urbana, Ohio

Find Home Foreclosure Listings in Urbana, OH

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

Our Urbana Foreclosure Lists

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

You can also search Saint Paris foreclosure listings and Woodstock foreclosure listings for more properties in the neighboring area.



Urbana, OH

As of 2011, Urbana's population is 11,549 people. Since 2000, it has had a population growth of -0. 46 percent. The median home cost in Urbana is $99,500. Home appreciation the last year has been -2. 71 percent. Compared to the rest of the country, Urbana's cost of living is 13. 50% Lower than the U. S. average. Urbana public schools spend $5,922 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 4 students per teacher in Urbana. The unemployment rate in Urbana is 9. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Urbana jobs have Decreased by 1. 31 percent. Average Commute time is 19 minutes. The National Average is 28 minutes.

Peopleurbana, ohUS
Population11,549307,829,557
Pop Density1,67987
Pop Change-0.46%9.34%
Median Age38.536.6
Households4,869116,329,167
Household Size2.242.58
Male Population47.58%49.31%
Female Population52.42%50.69%
Married Population45.47%47.15%
Single Population54.53%52.85%
Estimated Households By Household Incomeurbana, ohUS
Income Less Than 15k19.40%12.10%
Income Between 15k And 25k14.11%10.18%
Income Between 25k And 35k15.89%10.56%
Income Between 35k And 50k19.01%14.98%
Income Between 50k And 75k18.79%19.53%
Income Between 75k And 100k8.18%12.52%
Income Between 100k And 150k3.87%12.14%
Income Between 150k And 250k0.35%3.91%
Income Between 250k And 500k0.39%3.34%
Income Greater Than 500k0.02%0.75%
Economyurbana, ohUS
Unemployment Rate9.20%9.10%
Recent Job Growth-1.31%-0.12%
Future Job Growth28.18%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.27%6.25%
Income Per Cap$18,439$27,067
Household Income$35,636$52,954
Housingurbana, ohUS
Median Home Age54.435.1
Median Home Cost$99,500$175,100
Home Appreciation-2.71%-3.15%
Homes Owned53.70%59.90%
Housing Vacant7.98%10.37%
Homes Rented38.33%29.73%
Property Tax Rate$10.15$11.20
Owner Occupied Housing Units By Valueurbana, ohUS
Less Than 20k3.12%2.65%
20k To 399992.10%3.76%
40k To 599997.74%4.99%
60k To 7999915.80%6.01%
80k To 9999920.95%7.27%
100k To 14999931.71%19.24%
150k To 1999999.92%14.67%
200k To 2999996.31%18.09%
300k To 3999992.03%9.14%
400k To 4999990.18%4.94%
500k To 7499990.14%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationurbana, ohUS
School Expend$5,922$5,678
Pupil Teacher Ratio19.414.9
Students Per Librarian424803
Students Per Counselor440513
2 Yr College Grad5.33%7.47%
4 Yr College Grad9.04%17.42%
Graduate Degrees5.05%10.12%
High School Grads87.11%84.72%
Crimeurbana, ohUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builturbana, ohUS
1999 To 20056.59%13.71%
1995 To 19984.46%8.54%
1990 To 19944.57%5.77%
1980 To 19897.86%13.87%
1970 To 19799.52%16.17%
1960 To 196911.85%11.70%
1950 To 195912.68%11.08%
1940 To 19495.98%6.02%
1939 Or Earlier36.48%13.15%

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