Gadsden FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Gadsden, AL

Gadsden Home Foreclosure Listing ID: 2163971

Foreclosure

Gadsden, AL - 35903

2 Bd | 1 Ba | $13,900.00

Gadsden Home Foreclosure Listing ID: 2143841

Foreclosure

Gadsden, AL - 35901

3 Bd | 1 Ba | $16,000.00

Gadsden Home Foreclosure Listing ID: 2120755

Foreclosure

Gadsden, AL - 35904

3 Bd | 2 Ba | $49,900.00

Gadsden Home Foreclosure Listing ID: 2163911

Foreclosure

Gadsden, AL - 35903

3 Bd | 1 Ba | $57,000.00

Gadsden Home Foreclosure Listing ID: 2075310

Foreclosure

Gadsden, AL - 35904

3 Bd | 3 Ba | $150,000.00

Total: 17
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
15 Photos
ALFORD BEND RD Gadsden AL 35903 Foreclosures 3 1 $57,000.00 Details
2
17 Photos
TABOR RD Gadsden AL 35904 Foreclosures 3 3 $150,000.00 Details
3
20 Photos
NOCCALULA RD Gadsden AL 35904 Foreclosures 3 2 $49,900.00 Details
4
5 Photos
RESERVOIR ST Gadsden AL 35901 Foreclosures 3 1 $16,000.00 Details
5
8 Photos
HILLMONT AVE Gadsden AL 35903 Foreclosures 2 1 $13,900.00 Details
6
1 Photo
MOUNT ZION AVE Gadsden AL 35904 Foreclosures 4 2 $27,900.00 Details
7
14 Photos
MONTE VISTA DR Gadsden AL 35904 Foreclosures 3 3 $78,500.00 Details
8
1 Photo
PADEN RD Gadsden AL 35903 Foreclosures - 2 - Details
9
8 Photos
MARY ST Gadsden AL 35903 Foreclosures 3 2 $53,000.00 Details
10
6 Photos
2ND ST Gadsden AL 35903 Foreclosures 3 1 $65,900.00 Details
11
16 Photos
LONZ ST Gadsden AL 35903 Foreclosures 3 2 $68,000.00 Details
12 -
0 Photo
SPRING DR Gadsden AL 35907 Foreclosures 5 3.5 $199,950.00 Details
13
17 Photos
RABBITTOWN RD Gadsden AL 35905 Foreclosures 4 2 $37,900.00 Details
14
14 Photos
EWING AVE Gadsden AL 35901 Foreclosures 3 2 $59,800.00 Details
15
5 Photos
GREEN VALLEY RD # R Gadsden AL 35907 Foreclosures 3 2 $88,000.00 Details
16
19 Photos
BROUGHTON SPRING RD Gadsden AL 35907 Foreclosures 3 2 $109,000.00 Details
17
2 Photos
HILLTOP CIR Gadsden AL 35904 Foreclosures - - - Details
About our Listings

How to Buy Gadsden Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Gadsden Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Gadsden Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Gadsden Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Gadsden Pre-Foreclosures

Foreclosure

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

Gadsden Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Gadsden, Alabama

Find Home Foreclosure Listings in Gadsden, AL

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

Our Gadsden Foreclosure Lists

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

You can also search Boaz foreclosure listings and Rainbow City foreclosure listings for more properties in the neighboring area.



Gadsden, AL

As of 2011, Gadsden's population is 36,794 people. Since 2000, it has had a population growth of -5. 52 percent. The median home cost in Gadsden is $71,200. Home appreciation the last year has been -1. 67 percent. Compared to the rest of the country, Gadsden's cost of living is 19. 50% Lower than the U. S. average. Gadsden public schools spend $4,431 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 1 students per teacher in Gadsden. The unemployment rate in Gadsden is 10. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Gadsden jobs have Decreased by 0. 54 percent. Average Commute time is 21 minutes. The National Average is 28 minutes.

Peoplegadsden, alUS
Population36,794307,829,557
Pop Density1,01287
Pop Change-5.52%9.34%
Median Age39.636.6
Households15,834116,329,167
Household Size2.252.58
Male Population46.63%49.31%
Female Population53.37%50.69%
Married Population42.10%47.15%
Single Population57.90%52.85%
Estimated Households By Household Incomegadsden, alUS
Income Less Than 15k27.90%12.10%
Income Between 15k And 25k17.80%10.18%
Income Between 25k And 35k13.27%10.56%
Income Between 35k And 50k15.57%14.98%
Income Between 50k And 75k13.40%19.53%
Income Between 75k And 100k5.63%12.52%
Income Between 100k And 150k4.13%12.14%
Income Between 150k And 250k0.96%3.91%
Income Between 250k And 500k1.14%3.34%
Income Greater Than 500k0.20%0.75%
Economygadsden, alUS
Unemployment Rate10.80%9.10%
Recent Job Growth-0.54%-0.12%
Future Job Growth28.12%31.25%
Sales Taxes9.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$17,893$27,067
Household Income$28,348$52,954
Housinggadsden, alUS
Median Home Age53.135.1
Median Home Cost$71,200$175,100
Home Appreciation-1.67%-3.15%
Homes Owned50.71%59.90%
Housing Vacant14.15%10.37%
Homes Rented35.14%29.73%
Property Tax Rate$3.13$11.20
Owner Occupied Housing Units By Valuegadsden, alUS
Less Than 20k5.00%2.65%
20k To 3999916.81%3.76%
40k To 5999921.78%4.99%
60k To 7999912.22%6.01%
80k To 9999910.26%7.27%
100k To 14999918.75%19.24%
150k To 1999995.57%14.67%
200k To 2999995.63%18.09%
300k To 3999991.85%9.14%
400k To 4999990.97%4.94%
500k To 7499990.78%5.42%
750k To 9999990.14%2.03%
1kk Or More0.25%1.77%
Educationgadsden, alUS
School Expend$4,431$5,678
Pupil Teacher Ratio16.114.9
Students Per Librarian348803
Students Per Counselor406513
2 Yr College Grad8.21%7.47%
4 Yr College Grad9.23%17.42%
Graduate Degrees7.67%10.12%
High School Grads77.05%84.72%
Crimegadsden, alUS
Violent Crime64
Property Crime84
Housing Units By Year Structure Builtgadsden, alUS
1999 To 20053.49%13.71%
1995 To 19981.84%8.54%
1990 To 19942.85%5.77%
1980 To 19896.02%13.87%
1970 To 197912.57%16.17%
1960 To 196915.34%11.70%
1950 To 195924.40%11.08%
1940 To 194918.72%6.02%
1939 Or Earlier14.78%13.15%

Table Information