Ellsworth FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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NORTH ST Ellsworth ME 04605 Foreclosures 3 1 $94,900.00 Details
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MAIN ST Ellsworth ME 04605 Foreclosures 3 1 $121,900.00 Details
About our Listings

How to Buy Ellsworth Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Ellsworth, ME starts with finding listings. By browsing Ellsworth 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 Ellsworth, ME.

>> See more info about how to Buy foreclosures

How to Invest in Ellsworth Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Maine Foreclosure Laws

Foreclosure law

In the state of Maine, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Maine are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Maine REO properties.

Ellsworth Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Ellsworth Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Ellsworth Pre-Foreclosures

Foreclosure

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

Ellsworth Foreclosure Auctions

Foreclosure Auction

Most Ellsworth 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 Ellsworth, 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 Ellsworth, ME. We offer a comprehensive Ellsworth foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Ellsworth, Maine

Find Home Foreclosure Listings in Ellsworth, ME

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

Our Ellsworth Foreclosure Lists

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

You can also search Bucksport foreclosure listings and Deer Isle foreclosure listings for more properties in the neighboring area.



Ellsworth, ME

As of 2011, Ellsworth's population is 7,021 people. Since 2000, it has had a population growth of 8. 65 percent. The median home cost in Ellsworth is $186,600. Home appreciation the last year has been -1. 52 percent. Compared to the rest of the country, Ellsworth's cost of living is 6. 70% Higher than the U. S. average. Ellsworth public schools spend $8,912 per student. The average school expenditure in the U. S. is $5,678. There are about 9. 3 students per teacher in Ellsworth. The unemployment rate in Ellsworth is 11. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Ellsworth jobs have Increased by 0. 27 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peopleellsworth, meUS
Population7,021307,829,557
Pop Density9187
Pop Change8.65%9.34%
Median Age44.436.6
Households3,139116,329,167
Household Size2.182.58
Male Population47.37%49.31%
Female Population52.63%50.69%
Married Population53.13%47.15%
Single Population46.87%52.85%
Estimated Households By Household Incomeellsworth, meUS
Income Less Than 15k12.51%12.10%
Income Between 15k And 25k13.44%10.18%
Income Between 25k And 35k11.04%10.56%
Income Between 35k And 50k15.94%14.98%
Income Between 50k And 75k19.07%19.53%
Income Between 75k And 100k11.97%12.52%
Income Between 100k And 150k9.50%12.14%
Income Between 150k And 250k4.64%3.91%
Income Between 250k And 500k1.66%3.34%
Income Greater Than 500k0.22%0.75%
Economyellsworth, meUS
Unemployment Rate11.20%9.10%
Recent Job Growth0.27%-0.12%
Future Job Growth29.34%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income Per Cap$28,150$27,067
Household Income$47,233$52,954
Housingellsworth, meUS
Median Home Age32.135.1
Median Home Cost$186,600$175,100
Home Appreciation-1.52%-3.15%
Homes Owned54.88%59.90%
Housing Vacant20.79%10.37%
Homes Rented24.33%29.73%
Property Tax Rate$10.32$11.20
Owner Occupied Housing Units By Valueellsworth, meUS
Less Than 20k1.25%2.65%
20k To 399991.02%3.76%
40k To 599993.14%4.99%
60k To 799993.14%6.01%
80k To 999994.99%7.27%
100k To 14999919.95%19.24%
150k To 19999924.62%14.67%
200k To 29999927.11%18.09%
300k To 3999999.33%9.14%
400k To 4999992.68%4.94%
500k To 7499991.52%5.42%
750k To 9999990.00%2.03%
1kk Or More1.25%1.77%
Educationellsworth, meUS
School Expend$8,912$5,678
Pupil Teacher Ratio9.314.9
Students Per Librarian221803
Students Per Counselor408513
2 Yr College Grad10.72%7.47%
4 Yr College Grad17.03%17.42%
Graduate Degrees10.08%10.12%
High School Grads91.03%84.72%
Crimeellsworth, meUS
Violent Crime14
Property Crime64
Housing Units By Year Structure Builtellsworth, meUS
1999 To 200515.39%13.71%
1995 To 19987.27%8.54%
1990 To 19949.51%5.77%
1980 To 198915.13%13.87%
1970 To 197913.03%16.17%
1960 To 19695.75%11.70%
1950 To 19596.39%11.08%
1940 To 19495.37%6.02%
1939 Or Earlier22.15%13.15%

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