Sumiton FORECLOSURE LISTINGS

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

Total: 13
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
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17 Photos
COUNTRY LN Empire AL 35063 Foreclosures 3 2 $110,000.00 Details
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5 Photos
HUGGINS RD Cordova AL 35550 Foreclosures 3 2 $62,000.00 Details
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BARTON CREEK RD Cordova AL 35550 Foreclosures 3 2 $46,200.00 Details
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7 Photos
HIGHWAY 269 Parrish AL 35580 Foreclosures 3 1 $56,000.00 Details
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17 Photos
MAPLE DR Jasper AL 35503 Foreclosures 3 2 $80,000.00 Details
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27 Photos
PARK AVE Jasper AL 35501 Foreclosures 3 3 $178,500.00 Details
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13 Photos
PINEYWOODS SIPSEY RD Jasper AL 35504 Foreclosures 2 1 $55,000.00 Details
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GILLAND RD Jasper AL 35503 Foreclosures 3 1 $13,000.00 Details
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5 Photos
HIGHWAY 195 Jasper AL 35503 Foreclosures 3 2 $110,000.00 Details
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7 Photos
31ST ST W Jasper AL 35501 Foreclosures 3 2 $44,000.00 Details
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7 Photos
N RIDGE DR Jasper AL 35504 Foreclosures 3 2 $115,000.00 Details
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6 Photos
Dogwood Circle Jasper AL 35504 Foreclosures 3 2.1 $165,000.00 Details
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CEDRUM RD Carbon Hill AL 35549 Foreclosures 1 1 - Details
About our Listings

How to Buy Sumiton Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Sumiton Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Sumiton Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Sumiton Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Sumiton Pre-Foreclosures

Foreclosure

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

Sumiton Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Sumiton, Alabama

Find Home Foreclosure Listings in Sumiton, AL

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

Our Sumiton Foreclosure Lists

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

You can also search Empire foreclosure listings and Jasper foreclosure listings for more properties in the neighboring area.



Sumiton, AL

As of 2011, Sumiton's population is 2,627 people. Since 2000, it has had a population growth of -1. 35 percent. The median home cost in Sumiton is $83,800. Home appreciation the last year has been -3. 12 percent. Compared to the rest of the country, Sumiton's cost of living is 17. 70% Lower than the U. S. average. Sumiton public schools spend $4,741 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 1 students per teacher in Sumiton. The unemployment rate in Sumiton is 9. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Sumiton jobs have Decreased by 1. 49 percent. Average Commute time is 33 minutes. The National Average is 28 minutes.

Peoplesumiton, alUS
Population2,627307,829,557
Pop Density49587
Pop Change-1.35%9.34%
Median Age38.636.6
Households1,068116,329,167
Household Size2.442.58
Male Population48.11%49.31%
Female Population51.89%50.69%
Married Population60.67%47.15%
Single Population39.33%52.85%
Estimated Households By Household Incomesumiton, alUS
Income Less Than 15k21.78%12.10%
Income Between 15k And 25k16.53%10.18%
Income Between 25k And 35k12.49%10.56%
Income Between 35k And 50k14.27%14.98%
Income Between 50k And 75k16.81%19.53%
Income Between 75k And 100k8.17%12.52%
Income Between 100k And 150k7.98%12.14%
Income Between 150k And 250k1.13%3.91%
Income Between 250k And 500k0.75%3.34%
Income Greater Than 500k0.09%0.75%
Economysumiton, alUS
Unemployment Rate9.60%9.10%
Recent Job Growth-1.49%-0.12%
Future Job Growth27.42%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$19,480$27,067
Household Income$34,221$52,954
Housingsumiton, alUS
Median Home Age3235.1
Median Home Cost$83,800$175,100
Home Appreciation-3.12%-3.15%
Homes Owned62.90%59.90%
Housing Vacant12.78%10.37%
Homes Rented24.32%29.73%
Property Tax Rate$2.98$11.20
Owner Occupied Housing Units By Valuesumiton, alUS
Less Than 20k11.33%2.65%
20k To 3999914.71%3.76%
40k To 5999910.16%4.99%
60k To 7999914.71%6.01%
80k To 999999.64%7.27%
100k To 14999921.74%19.24%
150k To 1999997.94%14.67%
200k To 2999997.16%18.09%
300k To 3999991.43%9.14%
400k To 4999990.78%4.94%
500k To 7499990.39%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationsumiton, alUS
School Expend$4,741$5,678
Pupil Teacher Ratio15.114.9
Students Per Librarian327803
Students Per Counselor387513
2 Yr College Grad6.12%7.47%
4 Yr College Grad3.39%17.42%
Graduate Degrees4.12%10.12%
High School Grads73.45%84.72%
Crimesumiton, alUS
Violent Crime24
Property Crime104
Housing Units By Year Structure Builtsumiton, alUS
1999 To 20057.94%13.71%
1995 To 199811.15%8.54%
1990 To 19947.44%5.77%
1980 To 198918.51%13.87%
1970 To 197920.48%16.17%
1960 To 196915.89%11.70%
1950 To 19597.70%11.08%
1940 To 19495.08%6.02%
1939 Or Earlier5.81%13.15%

Table Information