Tallassee FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Tallassee, AL

Tallassee Home Foreclosure Listing ID: 2102733

Foreclosure

Tallassee, AL - 36078

2 Bd | 1 Ba | $23,500.00

Tallassee Home Foreclosure Listing ID: 2126523

Foreclosure

Tallassee, AL - 36078

3 Bd | 1 Ba | $25,900.00

Tallassee Home Foreclosure Listing ID: 2126430

Foreclosure

Tallassee, AL - 36078

3 Bd | 1 Ba | $34,000.00

Tallassee Home Foreclosure Listing ID: 2052394

Foreclosure

Tallassee, AL - 36078

3 Bd | 2 Ba | $36,900.00

Tallassee Home Foreclosure Listing ID: 2144031

Foreclosure

Tallassee, AL - 36078

3 Bd | 2 Ba | $41,000.00

Total: 10
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
N ANN AVE Tallassee AL 36078 Foreclosures 3 1 $25,900.00 Details
2
12 Photos
3RD ST Tallassee AL 36078 Foreclosures 2 1 $23,500.00 Details
3
7 Photos
W BUTLER ST Tallassee AL 36078 Foreclosures 3 1 $34,000.00 Details
4
2 Photos
MARTIN DAM RD Tallassee AL 36078 Foreclosures 3 2 $36,900.00 Details
5
5 Photos
DARK CORNERS RD Tallassee AL 36078 Foreclosures 3 2 $145,000.00 Details
6
18 Photos
S TALLASSEE DR Tallassee AL 36078 Foreclosures 3 2 $41,000.00 Details
7
25 Photos
GODWIN RD Tallassee AL 36078 Foreclosures 3 2.5 $184,900.00 Details
8
22 Photos
FREEMAN AVE Tallassee AL 36078 Foreclosures 3 2 $60,000.00 Details
9
14 Photos
FREEMAN AVE Tallassee AL 36078 Foreclosures 2 2 $60,000.00 Details
10 -
0 Photo
RED HILL RD Tallassee AL 36078 Foreclosures 3 2 $32,900.00 Details
About our Listings

How to Buy Tallassee Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Tallassee Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Tallassee Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Tallassee Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Tallassee Pre-Foreclosures

Foreclosure

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

Tallassee Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Tallassee, Alabama

Find Home Foreclosure Listings in Tallassee, AL

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

Our Tallassee Foreclosure Lists

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

You can also search Millbrook foreclosure listings and Wetumpka foreclosure listings for more properties in the neighboring area.



Tallassee, AL

As of 2011, Tallassee's population is 4,956 people. Since 2000, it has had a population growth of 0. 45 percent. The median home cost in Tallassee is $91,700. Home appreciation the last year has been 1. 85 percent. Compared to the rest of the country, Tallassee's cost of living is 14. 60% Lower than the U. S. average. Tallassee public schools spend $4,383 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 2 students per teacher in Tallassee. The unemployment rate in Tallassee is 8. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Tallassee jobs have Decreased by 1. 41 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peopletallassee, alUS
Population4,956307,829,557
Pop Density48787
Pop Change0.45%9.34%
Median Age37.536.6
Households2,054116,329,167
Household Size2.382.58
Male Population47.52%49.31%
Female Population52.48%50.69%
Married Population43.94%47.15%
Single Population56.06%52.85%
Estimated Households By Household Incometallassee, alUS
Income Less Than 15k22.77%12.10%
Income Between 15k And 25k14.26%10.18%
Income Between 25k And 35k10.95%10.56%
Income Between 35k And 50k13.67%14.98%
Income Between 50k And 75k20.15%19.53%
Income Between 75k And 100k8.71%12.52%
Income Between 100k And 150k5.15%12.14%
Income Between 150k And 250k2.04%3.91%
Income Between 250k And 500k1.70%3.34%
Income Greater Than 500k0.58%0.75%
Economytallassee, alUS
Unemployment Rate8.20%9.10%
Recent Job Growth-1.41%-0.12%
Future Job Growth28.98%31.25%
Sales Taxes8.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$21,799$27,067
Household Income$37,374$52,954
Housingtallassee, alUS
Median Home Age43.835.1
Median Home Cost$91,700$175,100
Home Appreciation1.85%-3.15%
Homes Owned55.94%59.90%
Housing Vacant11.23%10.37%
Homes Rented32.83%29.73%
Property Tax Rate$2.27$11.20
Owner Occupied Housing Units By Valuetallassee, alUS
Less Than 20k6.10%2.65%
20k To 399996.95%3.76%
40k To 5999919.31%4.99%
60k To 7999912.05%6.01%
80k To 9999912.82%7.27%
100k To 14999921.08%19.24%
150k To 1999999.65%14.67%
200k To 2999997.72%18.09%
300k To 3999993.78%9.14%
400k To 4999990.08%4.94%
500k To 7499990.23%5.42%
750k To 9999990.00%2.03%
1kk Or More0.23%1.77%
Educationtallassee, alUS
School Expend$4,383$5,678
Pupil Teacher Ratio16.214.9
Students Per Librarian392803
Students Per Counselor490513
2 Yr College Grad7.28%7.47%
4 Yr College Grad8.16%17.42%
Graduate Degrees5.39%10.12%
High School Grads75.38%84.72%
Crimetallassee, alUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builttallassee, alUS
1999 To 200510.15%13.71%
1995 To 19985.91%8.54%
1990 To 19946.49%5.77%
1980 To 198910.50%13.87%
1970 To 197910.97%16.17%
1960 To 196913.56%11.70%
1950 To 195911.53%11.08%
1940 To 19497.86%6.02%
1939 Or Earlier23.02%13.15%

Table Information