Opelika FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Opelika, AL

Opelika Home Foreclosure Listing ID: 2143970

Foreclosure

Opelika, AL - 36804

2 Bd | 2 Ba | $21,000.00

Opelika Home Foreclosure Listing ID: 2143974

Foreclosure

Opelika, AL - 36804

3 Bd | 2 Ba | $35,000.00

Opelika Home Foreclosure Listing ID: 2143984

Foreclosure

Opelika, AL - 36804

4 Bd | 3 Ba | $47,000.00

Opelika Home Foreclosure Listing ID: 2143956

Foreclosure

Opelika, AL - 36804

3 Bd | 2 Ba | $80,000.00

Opelika Home Foreclosure Listing ID: 2156063

Foreclosure

Opelika, AL - 36804

4 Bd | 2 Ba | $158,650.00

Total: 18
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
24 Photos
LEE ROAD 2119 Opelika AL 36804 Foreclosures 3 2 $160,000.00 Details
2
1 Photo
LEE ROAD 391 Opelika AL 36804 Foreclosures 4 3 $47,000.00 Details
3
7 Photos
AUBURN ST Opelika AL 36801 Foreclosures 3 2 $75,900.00 Details
4
5 Photos
SPRING HILL AVE Opelika AL 36801 Foreclosures 4 2 $67,900.00 Details
5
1 Photo
DOE AVE Opelika AL 36804 Foreclosures 4 2 $158,650.00 Details
6
4 Photos
LEE ROAD 183 Opelika AL 36804 Foreclosures 2 2 $21,000.00 Details
7
7 Photos
LEE ROAD 146 Opelika AL 36804 Foreclosures 3 2 $35,000.00 Details
8
10 Photos
GLENWOOD DR Opelika AL 36801 Foreclosures 4 2 $119,900.00 Details
9
6 Photos
BRITTANY LN Opelika AL 36804 Foreclosures 3 2 $80,000.00 Details
10
7 Photos
LEE ROAD 2031 Opelika AL 36804 Foreclosures 4 2 - Details
11
16 Photos
GWEN MILL DR Opelika AL 36801 Foreclosures 3 2 - Details
12
11 Photos
LEE ROAD 2044 Opelika AL 36804 Foreclosures 4 2 - Details
13
10 Photos
JOLLIT AVE Opelika AL 36801 Foreclosures 3 1.5 - Details
14
6 Photos
CROSSLEY AVE Opelika AL 36801 Foreclosures 3 2 $46,900.00 Details
15 -
0 Photo
FLORAL ST Opelika AL 36801 Foreclosures 3 2 $44,900.00 Details
16
6 Photos
LEE ROAD 630 Opelika AL 36804 Foreclosures 5 4 $210,000.00 Details
17
9 Photos
MORRIS AVE Opelika AL 36801 Foreclosures 3 2 $94,500.00 Details
18
1 Photo
LANCELOT LN Opelika AL 36801 Foreclosures - - - Details
About our Listings

How to Buy Opelika Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Opelika Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Opelika Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Opelika Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Opelika Pre-Foreclosures

Foreclosure

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

Opelika Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Opelika, Alabama

Find Home Foreclosure Listings in Opelika, AL

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

Our Opelika Foreclosure Lists

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

You can also search Smiths Station foreclosure listings and Auburn foreclosure listings for more properties in the neighboring area.



Opelika, AL

As of 2011, Opelika's population is 26,183 people. Since 2000, it has had a population growth of 11. 37 percent. The median home cost in Opelika is $116,300. Home appreciation the last year has been -1. 98 percent. Compared to the rest of the country, Opelika's cost of living is 8. 80% Lower than the U. S. average. Opelika public schools spend $4,864 per student. The average school expenditure in the U. S. is $5,678. There are about 15 students per teacher in Opelika. The unemployment rate in Opelika is 7. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Opelika jobs have Increased by 0. 95 percent. Average Commute time is 19 minutes. The National Average is 28 minutes.

Peopleopelika, alUS
Population26,183307,829,557
Pop Density47987
Pop Change11.37%9.34%
Median Age35.236.6
Households10,748116,329,167
Household Size2.392.58
Male Population47.14%49.31%
Female Population52.86%50.69%
Married Population48.58%47.15%
Single Population51.42%52.85%
Estimated Households By Household Incomeopelika, alUS
Income Less Than 15k18.75%12.10%
Income Between 15k And 25k13.37%10.18%
Income Between 25k And 35k11.59%10.56%
Income Between 35k And 50k14.12%14.98%
Income Between 50k And 75k19.36%19.53%
Income Between 75k And 100k10.98%12.52%
Income Between 100k And 150k8.19%12.14%
Income Between 150k And 250k1.74%3.91%
Income Between 250k And 500k1.57%3.34%
Income Greater Than 500k0.32%0.75%
Economyopelika, alUS
Unemployment Rate7.60%9.10%
Recent Job Growth0.95%-0.12%
Future Job Growth34.30%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$22,731$27,067
Household Income$41,870$52,954
Housingopelika, alUS
Median Home Age30.935.1
Median Home Cost$116,300$175,100
Home Appreciation-1.98%-3.15%
Homes Owned57.92%59.90%
Housing Vacant11.74%10.37%
Homes Rented30.34%29.73%
Property Tax Rate$4.38$11.20
Owner Occupied Housing Units By Valueopelika, alUS
Less Than 20k7.29%2.65%
20k To 399998.34%3.76%
40k To 599996.68%4.99%
60k To 799997.73%6.01%
80k To 999999.67%7.27%
100k To 14999927.48%19.24%
150k To 19999915.38%14.67%
200k To 29999910.87%18.09%
300k To 3999993.30%9.14%
400k To 4999991.38%4.94%
500k To 7499991.18%5.42%
750k To 9999990.51%2.03%
1kk Or More0.20%1.77%
Educationopelika, alUS
School Expend$4,864$5,678
Pupil Teacher Ratio1514.9
Students Per Librarian331803
Students Per Counselor475513
2 Yr College Grad6.85%7.47%
4 Yr College Grad14.34%17.42%
Graduate Degrees9.53%10.12%
High School Grads81.13%84.72%
Crimeopelika, alUS
Violent Crime94
Property Crime84
Housing Units By Year Structure Builtopelika, alUS
1999 To 200517.34%13.71%
1995 To 19988.55%8.54%
1990 To 19948.10%5.77%
1980 To 198914.62%13.87%
1970 To 197918.63%16.17%
1960 To 196911.14%11.70%
1950 To 195911.69%11.08%
1940 To 19494.18%6.02%
1939 Or Earlier5.74%13.15%

Table Information