Monroe FORECLOSURE LISTINGS

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

Total: 5
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
HERITAGE GREEN DR Monroe OH 45050 Foreclosures 2 2 $74,500.00 Details
2
2 Photos
EASTON MANOR DR Monroe OH 45050 Foreclosures 4 2 - Details
3
8 Photos
HERITAGE GREEN DR Monroe OH 45050 Foreclosures 2 2 $77,000.00 Details
4
6 Photos
LEBANON ST Monroe OH 45050 Foreclosures 3 2 $75,000.00 Details
5
12 Photos
BRANDON DR Monroe OH 45050 Foreclosures 3 2 $169,900.00 Details
About our Listings

How to Buy Monroe Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Monroe, OH starts with finding listings. By browsing Monroe 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 Monroe, OH.

>> See more info about how to Buy foreclosures

How to Invest in Monroe Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Ohio Foreclosure Laws

Foreclosure law

In the state of Ohio, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Ohio 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 Ohio REO properties.

Monroe Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Monroe Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Monroe Pre-Foreclosures

Foreclosure

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

Monroe Foreclosure Auctions

Foreclosure Auction

Most Monroe 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 Monroe, 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 Monroe, OH. We offer a comprehensive Monroe foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Monroe, Ohio

Find Home Foreclosure Listings in Monroe, OH

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

Our Monroe Foreclosure Lists

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

You can also search Middletown foreclosure listings and Okeana foreclosure listings for more properties in the neighboring area.



Monroe, OH

As of 2011, Monroe's population is 9,824 people. Since 2000, it has had a population growth of 37. 67 percent. The median home cost in Monroe is $169,500. Home appreciation the last year has been -3. 06 percent. Compared to the rest of the country, Monroe's cost of living is 3. 20% Lower than the U. S. average. Monroe public schools spend $4,649 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 7 students per teacher in Monroe. The unemployment rate in Monroe is 8. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Monroe jobs have Increased by 0. 04 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peoplemonroe, ohUS
Population9,824307,829,557
Pop Density72187
Pop Change37.67%9.34%
Median Age41.136.6
Households3,891116,329,167
Household Size2.422.58
Male Population47.82%49.31%
Female Population52.18%50.69%
Married Population52.37%47.15%
Single Population47.63%52.85%
Estimated Households By Household Incomemonroe, ohUS
Income Less Than 15k5.82%12.10%
Income Between 15k And 25k5.51%10.18%
Income Between 25k And 35k8.50%10.56%
Income Between 35k And 50k15.86%14.98%
Income Between 50k And 75k25.64%19.53%
Income Between 75k And 100k19.95%12.52%
Income Between 100k And 150k13.55%12.14%
Income Between 150k And 250k3.58%3.91%
Income Between 250k And 500k1.36%3.34%
Income Greater Than 500k0.23%0.75%
Economymonroe, ohUS
Unemployment Rate8.80%9.10%
Recent Job Growth0.04%-0.12%
Future Job Growth31.28%31.25%
Sales Taxes6.25%6.80%
Income Taxes8.37%6.25%
Income Per Cap$29,076$27,067
Household Income$63,892$52,954
Housingmonroe, ohUS
Median Home Age16.935.1
Median Home Cost$169,500$175,100
Home Appreciation-3.06%-3.15%
Homes Owned69.72%59.90%
Housing Vacant6.36%10.37%
Homes Rented23.92%29.73%
Property Tax Rate$10.77$11.20
Owner Occupied Housing Units By Valuemonroe, ohUS
Less Than 20k1.45%2.65%
20k To 399990.97%3.76%
40k To 599991.21%4.99%
60k To 799990.97%6.01%
80k To 999991.90%7.27%
100k To 14999938.11%19.24%
150k To 19999939.04%14.67%
200k To 29999914.07%18.09%
300k To 3999991.90%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.38%1.77%
Educationmonroe, ohUS
School Expend$4,649$5,678
Pupil Teacher Ratio19.714.9
Students Per Librarian1062803
Students Per Counselor531513
2 Yr College Grad7.08%7.47%
4 Yr College Grad17.13%17.42%
Graduate Degrees7.29%10.12%
High School Grads90.55%84.72%
Crimemonroe, ohUS
Violent Crime54
Property Crime64
Housing Units By Year Structure Builtmonroe, ohUS
1999 To 200539.37%13.71%
1995 To 19987.08%8.54%
1990 To 19947.14%5.77%
1980 To 19897.91%13.87%
1970 To 197911.79%16.17%
1960 To 196913.69%11.70%
1950 To 19597.67%11.08%
1940 To 19492.07%6.02%
1939 Or Earlier3.28%13.15%

Table Information