Union FORECLOSURE LISTINGS

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

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PLEASANT VALLEY DR Philadelphia MS 39350 Foreclosures 3 1.1 $55,000.00 Details
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ROAD 624 Philadelphia MS 39350 Foreclosures 4 2 - Details
About our Listings

How to Buy Union Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Union, MS starts with finding listings. By browsing Union 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 Union, MS.

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How to Invest in Union Foreclosures

How to invest foreclosure

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

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Union 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 Union, MS. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Union apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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Mississippi Foreclosure Laws

Foreclosure law

Mississippi 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 Union 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 Union REO properties.

Union Banks Foreclosures

Bank Foreclosure

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

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Union Government Foreclosures

Government Foreclosure

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

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Union Pre-Foreclosures

Foreclosure

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

Union Foreclosure Auctions

Foreclosure Auction

Most Union 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 Union, 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 Union, MS. We offer a comprehensive Union foreclosure auction listings.

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Top Zip Codes in Union, Mississippi

Find Home Foreclosure Listings in Union, MS

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

Our Union Foreclosure Lists

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



Union, MS

As of 2011, Union's population is 2,110 people. Since 2000, it has had a population growth of 4. 40 percent. The median home cost in Union is $66,500. Home appreciation the last year has been -2. 17 percent. Compared to the rest of the country, Union's cost of living is 19. 40% Lower than the U. S. average. Union public schools spend $3,752 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 3 students per teacher in Union. The unemployment rate in Union is 10. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Union jobs have Decreased by 2. 83 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peopleunion, msUS
Population2,110307,829,557
Pop Density57887
Pop Change4.40%9.34%
Median Age37.936.6
Households817116,329,167
Household Size2.452.58
Male Population45.35%49.31%
Female Population54.65%50.69%
Married Population44.83%47.15%
Single Population55.17%52.85%
Estimated Households By Household Incomeunion, msUS
Income Less Than 15k26.04%12.10%
Income Between 15k And 25k15.23%10.18%
Income Between 25k And 35k14.00%10.56%
Income Between 35k And 50k12.04%14.98%
Income Between 50k And 75k14.50%19.53%
Income Between 75k And 100k10.20%12.52%
Income Between 100k And 150k4.80%12.14%
Income Between 150k And 250k1.11%3.91%
Income Between 250k And 500k1.84%3.34%
Income Greater Than 500k0.25%0.75%
Economyunion, msUS
Unemployment Rate10.20%9.10%
Recent Job Growth-2.83%-0.12%
Future Job Growth24.14%31.25%
Sales Taxes7.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$17,982$27,067
Household Income$31,259$52,954
Housingunion, msUS
Median Home Age41.935.1
Median Home Cost$66,500$175,100
Home Appreciation-2.17%-3.15%
Homes Owned63.86%59.90%
Housing Vacant13.22%10.37%
Homes Rented22.92%29.73%
Property Tax Rate$5.87$11.20
Owner Occupied Housing Units By Valueunion, msUS
Less Than 20k9.35%2.65%
20k To 3999917.03%3.76%
40k To 5999919.20%4.99%
60k To 7999917.70%6.01%
80k To 9999912.35%7.27%
100k To 14999916.03%19.24%
150k To 1999996.18%14.67%
200k To 2999991.50%18.09%
300k To 3999990.17%9.14%
400k To 4999990.17%4.94%
500k To 7499990.17%5.42%
750k To 9999990.00%2.03%
1kk Or More0.17%1.77%
Educationunion, msUS
School Expend$3,752$5,678
Pupil Teacher Ratio17.314.9
Students Per Librarian509803
Students Per Counselor834513
2 Yr College Grad3.66%7.47%
4 Yr College Grad9.74%17.42%
Graduate Degrees7.62%10.12%
High School Grads74.36%84.72%
Crimeunion, msUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtunion, msUS
1999 To 20057.78%13.71%
1995 To 19985.13%8.54%
1990 To 19944.36%5.77%
1980 To 198912.69%13.87%
1970 To 197917.38%16.17%
1960 To 196915.35%11.70%
1950 To 195911.94%11.08%
1940 To 19496.72%6.02%
1939 Or Earlier18.66%13.15%

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