Addison FORECLOSURE LISTINGS

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

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# Photo Address City State Zip Type BD BH Price Details
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COUNTY ROAD 63 Houston AL 35572 Foreclosures 3 2 $20,900.00 Details
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COUNTY ROAD 126 Arley AL 35541 Foreclosures 3 2 $85,970.00 Details
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BAILEY RD Double Springs AL 35553 Foreclosures 4 3 $48,800.00 Details
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COUNTY ROAD 59 Lynn AL 35575 Foreclosures 3 2 $23,900.00 Details
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BROOK LN Haleyville AL 35565 Foreclosures 3 1 $44,900.00 Details
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COUNTY ROAD 193 Haleyville AL 35565 Foreclosures 3 2 $22,900.00 Details
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11TH AVE Haleyville AL 35565 Foreclosures - - - Details
About our Listings

How to Buy Addison Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Addison Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Addison Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Addison Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Addison Pre-Foreclosures

Foreclosure

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

Addison Foreclosure Auctions

Foreclosure Auction

Most Addison 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 Addison, 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 Addison, AL. We offer a comprehensive Addison foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Addison, Alabama

Find Home Foreclosure Listings in Addison, AL

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

Our Addison Foreclosure Lists

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

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



Addison, AL

As of 2011, Addison's population is 719 people. Since 2000, it has had a population growth of -0. 55 percent. The median home cost in Addison is $106,400. Home appreciation the last year has been -6. 05 percent. Compared to the rest of the country, Addison's cost of living is 13. 30% Lower than the U. S. average. Addison public schools spend $4,422 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 4 students per teacher in Addison. The unemployment rate in Addison is 14. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Addison jobs have Decreased by 1. 58 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peopleaddison, alUS
Population719307,829,557
Pop Density20387
Pop Change-0.55%9.34%
Median Age41.436.6
Households302116,329,167
Household Size2.352.58
Male Population50.28%49.31%
Female Population49.72%50.69%
Married Population60.20%47.15%
Single Population39.80%52.85%
Estimated Households By Household Incomeaddison, alUS
Income Less Than 15k21.85%12.10%
Income Between 15k And 25k14.24%10.18%
Income Between 25k And 35k14.90%10.56%
Income Between 35k And 50k17.22%14.98%
Income Between 50k And 75k15.56%19.53%
Income Between 75k And 100k8.94%12.52%
Income Between 100k And 150k5.62%12.14%
Income Between 150k And 250k1.32%3.91%
Income Between 250k And 500k0.33%3.34%
Income Greater Than 500k0.00%0.75%
Economyaddison, alUS
Unemployment Rate14.20%9.10%
Recent Job Growth-1.58%-0.12%
Future Job Growth22.64%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$18,353$27,067
Household Income$34,332$52,954
Housingaddison, alUS
Median Home Age3035.1
Median Home Cost$106,400$175,100
Home Appreciation-6.05%-3.15%
Homes Owned62.27%59.90%
Housing Vacant20.32%10.37%
Homes Rented17.41%29.73%
Property Tax Rate$3.27$11.20
Owner Occupied Housing Units By Valueaddison, alUS
Less Than 20k14.83%2.65%
20k To 3999911.02%3.76%
40k To 5999910.17%4.99%
60k To 799996.36%6.01%
80k To 999998.05%7.27%
100k To 14999922.46%19.24%
150k To 1999997.20%14.67%
200k To 2999998.47%18.09%
300k To 3999994.66%9.14%
400k To 4999992.54%4.94%
500k To 7499990.00%5.42%
750k To 9999992.12%2.03%
1kk Or More2.12%1.77%
Educationaddison, alUS
School Expend$4,422$5,678
Pupil Teacher Ratio17.414.9
Students Per Librarian343803
Students Per Counselor371513
2 Yr College Grad8.63%7.47%
4 Yr College Grad6.47%17.42%
Graduate Degrees4.12%10.12%
High School Grads68.63%84.72%
Crimeaddison, alUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtaddison, alUS
1999 To 20056.33%13.71%
1995 To 199813.71%8.54%
1990 To 19949.51%5.77%
1980 To 198919.53%13.87%
1970 To 197920.84%16.17%
1960 To 196917.15%11.70%
1950 To 19598.44%11.08%
1940 To 19492.90%6.02%
1939 Or Earlier1.58%13.15%

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