Oriental FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Oriental, North Carolina.

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
8 Photos
NC HIGHWAY 55 Oriental NC 28571 Foreclosures 3 2 $49,900.00 Details
2
1 Photo
CHURCH ST Oriental NC 28571 Foreclosures 2 2 $140,000.00 Details
3
12 Photos
SCHOONER CIR Oriental NC 28571 Foreclosures 3 2 $199,900.00 Details
About our Listings

How to Buy Oriental Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Oriental, NC starts with finding listings. By browsing Oriental 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 Oriental, NC.

>> See more info about how to Buy foreclosures

How to Invest in Oriental Foreclosures

How to invest foreclosure

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

Foreclosure home

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

North Carolina Foreclosure Laws

Foreclosure law

North Carolina 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 Oriental 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 Oriental REO properties.

Oriental Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Oriental Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Oriental Pre-Foreclosures

Foreclosure

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

Oriental Foreclosure Auctions

Foreclosure Auction

Most Oriental 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 Oriental, 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 Oriental, NC. We offer a comprehensive Oriental foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Oriental, North Carolina

Find Home Foreclosure Listings in Oriental, NC

Oriental 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 Oriental, NC 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 Oriental North Carolina, best affordable foreclosure condo in Oriental, cheap apartments for sale, bargain foreclosed homes for sale in Oriental, NC and earn huge savings on the homes YOU want to buy!

Our Oriental Foreclosure Lists

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

You can also search Merritt foreclosure listings and Grantsboro foreclosure listings for more properties in the neighboring area.



Oriental, NC

As of 2011, Oriental's population is 820 people. Since 2000, it has had a population growth of -6. 18 percent. The median home cost in Oriental is $199,100. Home appreciation the last year has been -2. 63 percent. Compared to the rest of the country, Oriental's cost of living is 4. 50% Higher than the U. S. average. Oriental public schools spend $5,821 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 9 students per teacher in Oriental. The unemployment rate in Oriental is 9. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Oriental jobs have Increased by 1. 43 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peopleoriental, ncUS
Population820307,829,557
Pop Density74087
Pop Change-6.18%9.34%
Median Age61.536.6
Households417116,329,167
Household Size1.972.58
Male Population48.36%49.31%
Female Population51.64%50.69%
Married Population55.38%47.15%
Single Population44.62%52.85%
Estimated Households By Household Incomeoriental, ncUS
Income Less Than 15k16.63%12.10%
Income Between 15k And 25k8.92%10.18%
Income Between 25k And 35k13.49%10.56%
Income Between 35k And 50k19.04%14.98%
Income Between 50k And 75k18.07%19.53%
Income Between 75k And 100k10.60%12.52%
Income Between 100k And 150k8.43%12.14%
Income Between 150k And 250k2.65%3.91%
Income Between 250k And 500k2.17%3.34%
Income Greater Than 500k0.00%0.75%
Economyoriental, ncUS
Unemployment Rate9.40%9.10%
Recent Job Growth1.43%-0.12%
Future Job Growth33.46%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$29,687$27,067
Household Income$43,561$52,954
Housingoriental, ncUS
Median Home Age29.135.1
Median Home Cost$199,100$175,100
Home Appreciation-2.63%-3.15%
Homes Owned56.50%59.90%
Housing Vacant25.09%10.37%
Homes Rented18.41%29.73%
Property Tax Rate$6.42$11.20
Owner Occupied Housing Units By Valueoriental, ncUS
Less Than 20k1.60%2.65%
20k To 399995.75%3.76%
40k To 599995.43%4.99%
60k To 799992.88%6.01%
80k To 999993.83%7.27%
100k To 14999914.38%19.24%
150k To 19999915.97%14.67%
200k To 29999924.92%18.09%
300k To 39999910.54%9.14%
400k To 4999996.07%4.94%
500k To 7499996.71%5.42%
750k To 9999991.60%2.03%
1kk Or More0.32%1.77%
Educationoriental, ncUS
School Expend$5,821$5,678
Pupil Teacher Ratio11.914.9
Students Per Librarian399803
Students Per Counselor532513
2 Yr College Grad8.47%7.47%
4 Yr College Grad22.08%17.42%
Graduate Degrees12.64%10.12%
High School Grads90.69%84.72%
Crimeoriental, ncUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtoriental, ncUS
1999 To 20051.44%13.71%
1995 To 199812.80%8.54%
1990 To 199413.19%5.77%
1980 To 198924.19%13.87%
1970 To 197915.70%16.17%
1960 To 19694.69%11.70%
1950 To 19595.60%11.08%
1940 To 19493.79%6.02%
1939 Or Earlier18.59%13.15%

Table Information