Montgomery FORECLOSURE LISTINGS

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

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BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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2 Photos
1ST AVE Montgomery WV 25136 Foreclosures 3 2 $59,900.00 Details
About our Listings

How to Buy Montgomery Foreclosures

How to buy foreclosures

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

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How to Invest in Montgomery Foreclosures

How to invest foreclosure

Montgomery 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 Montgomery real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Montgomery 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 Montgomery foreclosure short sales, wait for the right property at the right price.

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Types of Foreclosures in Montgomery

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Montgomery 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 Montgomery, WV. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Montgomery apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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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.

Montgomery Banks Foreclosures

Bank Foreclosure

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

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Montgomery Government Foreclosures

Government Foreclosure

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

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Montgomery Pre-Foreclosures

Foreclosure

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

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Montgomery Foreclosure Auctions

Foreclosure Auction

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

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Top Zip Codes in Montgomery, West Virginia

Find Home Foreclosure Listings in Montgomery, WV

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

Our Montgomery Foreclosure Lists

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

You can also search Oak Hill foreclosure listings and Lookout foreclosure listings for more properties in the neighboring area.



Montgomery, WV

As of 2011, Montgomery's population is 1,838 people. Since 2000, it has had a population growth of -5. 36 percent. The median home cost in Montgomery is $65,700. Home appreciation the last year has been -0. 07 percent. Compared to the rest of the country, Montgomery's cost of living is 21. 30% Lower than the U. S. average. Montgomery public schools spend $5,779 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 5 students per teacher in Montgomery. The unemployment rate in Montgomery is 10. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Montgomery jobs have Decreased by 0. 72 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplemontgomery, wvUS
Population1,838307,829,557
Pop Density1,21087
Pop Change-5.36%9.34%
Median Age38.736.6
Households733116,329,167
Household Size2.052.58
Male Population49.97%49.31%
Female Population50.03%50.69%
Married Population35.22%47.15%
Single Population64.78%52.85%
Estimated Households By Household Incomemontgomery, wvUS
Income Less Than 15k30.97%12.10%
Income Between 15k And 25k17.74%10.18%
Income Between 25k And 35k11.32%10.56%
Income Between 35k And 50k11.87%14.98%
Income Between 50k And 75k13.51%19.53%
Income Between 75k And 100k6.28%12.52%
Income Between 100k And 150k6.14%12.14%
Income Between 150k And 250k1.23%3.91%
Income Between 250k And 500k0.82%3.34%
Income Greater Than 500k0.14%0.75%
Economymontgomery, wvUS
Unemployment Rate10.90%9.10%
Recent Job Growth-0.72%-0.12%
Future Job Growth27.66%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.50%6.25%
Income Per Cap$17,432$27,067
Household Income$26,187$52,954
Housingmontgomery, wvUS
Median Home Age5635.1
Median Home Cost$65,700$175,100
Home Appreciation-0.07%-3.15%
Homes Owned40.55%59.90%
Housing Vacant19.89%10.37%
Homes Rented39.56%29.73%
Property Tax Rate$6.32$11.20
Owner Occupied Housing Units By Valuemontgomery, wvUS
Less Than 20k8.89%2.65%
20k To 3999914.82%3.76%
40k To 5999920.22%4.99%
60k To 7999919.14%6.01%
80k To 9999911.05%7.27%
100k To 14999915.36%19.24%
150k To 1999993.77%14.67%
200k To 2999994.85%18.09%
300k To 3999991.62%9.14%
400k To 4999990.00%4.94%
500k To 7499990.27%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationmontgomery, wvUS
School Expend$5,779$5,678
Pupil Teacher Ratio14.514.9
Students Per Librarian1247803
Students Per Counselor130513
2 Yr College Grad4.69%7.47%
4 Yr College Grad11.20%17.42%
Graduate Degrees5.01%10.12%
High School Grads78.41%84.72%
Crimemontgomery, wvUS
Violent Crime14
Property Crime44
Housing Units By Year Structure Builtmontgomery, wvUS
1999 To 20052.73%13.71%
1995 To 19984.60%8.54%
1990 To 19942.50%5.77%
1980 To 198913.01%13.87%
1970 To 197912.13%16.17%
1960 To 19697.65%11.70%
1950 To 195912.68%11.08%
1940 To 194911.80%6.02%
1939 Or Earlier32.90%13.15%

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