Cape Charles FORECLOSURE LISTINGS

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

Total: 6
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# Photo Address City State Zip Type BD BH Price Details
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Lot 42 Heron Pointe Cape Charles VA 23310 Foreclosures - - $184,000.00 Details
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Lot 41 Heron Pointe Cape Charles VA 23310 Foreclosures - - $185,000.00 Details
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CREEKSIDE LN Cape Charles VA 23310 Foreclosures - - $189,900.00 Details
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PLUM ST Cape Charles VA 23310 Foreclosures 3 1.5 - Details
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FISHER CT Cape Charles VA 23310 Foreclosures 3 2 - Details
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Lot 16 Heron Point Cape Charles VA 23310 Foreclosures - - - Details
About our Listings

How to Buy Cape Charles Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Cape Charles Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Cape Charles Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Cape Charles Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Cape Charles Pre-Foreclosures

Foreclosure

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

Cape Charles Foreclosure Auctions

Foreclosure Auction

Most Cape Charles 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 Cape Charles, 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 Cape Charles, VA. We offer a comprehensive Cape Charles foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Cape Charles, Virginia

Find Home Foreclosure Listings in Cape Charles, VA

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

Our Cape Charles Foreclosure Lists

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

You can also search Birdsnest foreclosure listings and Machipongo foreclosure listings for more properties in the neighboring area.



Cape Charles, VA

As of 2011, Cape Charles's population is 1,432 people. Since 2000, it has had a population growth of 26. 17 percent. The median home cost in Cape Charles is $225,900. Home appreciation the last year has been -2. 77 percent. Compared to the rest of the country, Cape Charles's cost of living is 6. 50% Higher than the U. S. average. Cape Charles public schools spend $6,625 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 7 students per teacher in Cape Charles. The unemployment rate in Cape Charles is 8. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Cape Charles jobs have Increased by 4. 41 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peoplecape-charles, vaUS
Population1,432307,829,557
Pop Density36087
Pop Change26.17%9.34%
Median Age41.236.6
Households668116,329,167
Household Size2.122.58
Male Population45.34%49.31%
Female Population54.66%50.69%
Married Population31.04%47.15%
Single Population68.96%52.85%
Estimated Households By Household Incomecape-charles, vaUS
Income Less Than 15k23.58%12.10%
Income Between 15k And 25k10.00%10.18%
Income Between 25k And 35k10.90%10.56%
Income Between 35k And 50k11.64%14.98%
Income Between 50k And 75k20.60%19.53%
Income Between 75k And 100k8.06%12.52%
Income Between 100k And 150k7.76%12.14%
Income Between 150k And 250k2.84%3.91%
Income Between 250k And 500k4.03%3.34%
Income Greater Than 500k0.60%0.75%
Economycape-charles, vaUS
Unemployment Rate8.90%9.10%
Recent Job Growth4.41%-0.12%
Future Job Growth39.92%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$29,153$27,067
Household Income$41,988$52,954
Housingcape-charles, vaUS
Median Home Age4635.1
Median Home Cost$225,900$175,100
Home Appreciation-2.77%-3.15%
Homes Owned31.76%59.90%
Housing Vacant32.66%10.37%
Homes Rented35.58%29.73%
Property Tax Rate$6.12$11.20
Owner Occupied Housing Units By Valuecape-charles, vaUS
Less Than 20k0.00%2.65%
20k To 399990.95%3.76%
40k To 599995.38%4.99%
60k To 799994.11%6.01%
80k To 999997.28%7.27%
100k To 14999912.03%19.24%
150k To 19999913.92%14.67%
200k To 29999929.43%18.09%
300k To 39999910.76%9.14%
400k To 4999995.70%4.94%
500k To 7499991.90%5.42%
750k To 9999993.48%2.03%
1kk Or More5.06%1.77%
Educationcape-charles, vaUS
School Expend$6,625$5,678
Pupil Teacher Ratio11.714.9
Students Per Librarian159803
Students Per Counselor318513
2 Yr College Grad4.99%7.47%
4 Yr College Grad13.24%17.42%
Graduate Degrees5.91%10.12%
High School Grads75.57%84.72%
Crimecape-charles, vaUS
Violent Crime54
Property Crime14
Housing Units By Year Structure Builtcape-charles, vaUS
1999 To 200528.34%13.71%
1995 To 19981.37%8.54%
1990 To 19940.94%5.77%
1980 To 198911.76%13.87%
1970 To 19794.92%16.17%
1960 To 19694.22%11.70%
1950 To 19593.42%11.08%
1940 To 19498.64%6.02%
1939 Or Earlier36.38%13.15%

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