Fairmont FORECLOSURE LISTINGS

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

Total: 5
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
16 Photos
ROBINSON ST Fairmont WV 26554 Foreclosures 2 1 $14,000.00 Details
2
19 Photos
WALNUT AVE Fairmont WV 26554 Foreclosures 3 1.1 $85,000.00 Details
3 -
0 Photo
SABRATON AVE Fairmont WV 26554 Foreclosures 2 1 $7,900.00 Details
4
8 Photos
OGDEN AVE Fairmont WV 26554 Foreclosures 3 1 $45,000.00 Details
5 -
0 Photo
HUSKIE DR Fairmont WV 26554 Foreclosures 3 1.5 $134,900.00 Details
About our Listings

How to Buy Fairmont Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Fairmont, WV starts with finding listings. By browsing Fairmont 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 Fairmont, WV.

>> See more info about how to Buy foreclosures

How to Invest in Fairmont Foreclosures

How to invest foreclosure

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

Foreclosure home

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

West Virginia Foreclosure Laws

Foreclosure law

West Virginia real estate foreclosures generally are non-judicial foreclosures, meaning that real estate brokers are allowed to pursue a foreclosure on a homeowner in default without first getting a court approval. Before distressed properties in West Virginia can be sold as foreclosure houses, a lender must issue a Notice of Default and give the homeowner 60 days to pay their debt. After that time, a sale can be scheduled for no less than 21 days in the future. If a home does not sell at auction, the lender takes control of the property; these are known as West Virginia REO properties.

Fairmont Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Fairmont Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Fairmont Pre-Foreclosures

Foreclosure

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

Fairmont Foreclosure Auctions

Foreclosure Auction

Most Fairmont 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 Fairmont, 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 Fairmont, WV. We offer a comprehensive Fairmont foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Fairmont, West Virginia

Find Home Foreclosure Listings in Fairmont, WV

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

Our Fairmont Foreclosure Lists

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

You can also search Rivesville foreclosure listings and Barrackville foreclosure listings for more properties in the neighboring area.



Fairmont, WV

As of 2011, Fairmont's population is 19,040 people. Since 2000, it has had a population growth of -0. 34 percent. The median home cost in Fairmont is $87,400. Home appreciation the last year has been -0. 07 percent. Compared to the rest of the country, Fairmont's cost of living is 16. 80% Lower than the U. S. average. Fairmont public schools spend $5,980 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 1 students per teacher in Fairmont. The unemployment rate in Fairmont is 7. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Fairmont jobs have Increased by 0. 57 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peoplefairmont, wvUS
Population19,040307,829,557
Pop Density2,42287
Pop Change-0.34%9.34%
Median Age40.436.6
Households8,569116,329,167
Household Size2.132.58
Male Population47.20%49.31%
Female Population52.80%50.69%
Married Population38.90%47.15%
Single Population61.10%52.85%
Estimated Households By Household Incomefairmont, wvUS
Income Less Than 15k23.10%12.10%
Income Between 15k And 25k16.13%10.18%
Income Between 25k And 35k12.11%10.56%
Income Between 35k And 50k14.89%14.98%
Income Between 50k And 75k15.54%19.53%
Income Between 75k And 100k8.46%12.52%
Income Between 100k And 150k6.05%12.14%
Income Between 150k And 250k2.29%3.91%
Income Between 250k And 500k1.28%3.34%
Income Greater Than 500k0.16%0.75%
Economyfairmont, wvUS
Unemployment Rate7.90%9.10%
Recent Job Growth0.57%-0.12%
Future Job Growth33.24%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.50%6.25%
Income Per Cap$22,016$27,067
Household Income$34,060$52,954
Housingfairmont, wvUS
Median Home Age58.735.1
Median Home Cost$87,400$175,100
Home Appreciation-0.07%-3.15%
Homes Owned54.92%59.90%
Housing Vacant12.73%10.37%
Homes Rented32.35%29.73%
Property Tax Rate$6.05$11.20
Owner Occupied Housing Units By Valuefairmont, wvUS
Less Than 20k3.02%2.65%
20k To 3999910.17%3.76%
40k To 5999915.55%4.99%
60k To 7999918.89%6.01%
80k To 9999917.53%7.27%
100k To 14999922.80%19.24%
150k To 1999997.04%14.67%
200k To 2999993.41%18.09%
300k To 3999990.73%9.14%
400k To 4999990.34%4.94%
500k To 7499990.24%5.42%
750k To 9999990.07%2.03%
1kk Or More0.22%1.77%
Educationfairmont, wvUS
School Expend$5,980$5,678
Pupil Teacher Ratio15.114.9
Students Per Librarian485803
Students Per Counselor135513
2 Yr College Grad6.59%7.47%
4 Yr College Grad15.16%17.42%
Graduate Degrees9.25%10.12%
High School Grads86.83%84.72%
Crimefairmont, wvUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtfairmont, wvUS
1999 To 20054.46%13.71%
1995 To 19981.29%8.54%
1990 To 19942.37%5.77%
1980 To 19894.04%13.87%
1970 To 197910.97%16.17%
1960 To 196910.79%11.70%
1950 To 195917.21%11.08%
1940 To 194914.82%6.02%
1939 Or Earlier34.05%13.15%

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