Five Points FORECLOSURE LISTINGS

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

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# Photo Address City State Zip Type BD BH Price Details
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CRABAPPLE AVE Lafayette AL 36862 Foreclosures 3 2 $47,000.00 Details
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LOVERN DR Lafayette AL 36862 Foreclosures 3 2 $31,900.00 Details
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S LAFAYETTE ST Lafayette AL 36862 Foreclosures 3 2 $65,500.00 Details
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66TH AVE SW Lanett AL 36863 Foreclosures 3 1.5 $56,500.00 Details
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S 1ST AVE Lanett AL 36863 Foreclosures 2 1 $9,800.00 Details
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N 2ND AVE Lanett AL 36863 Foreclosures 2 1 $5,997.00 Details
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S 8TH AVE Lanett AL 36863 Foreclosures 4 2 $60,000.00 Details
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N 18TH ST Lanett AL 36863 Foreclosures 5 5 - Details
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VETERANS MEMORIAL PKWY Lanett AL 36863 Auctions 4 3 - Details
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13TH CT SW Lanett AL 36863 Foreclosures 3 2 $89,900.00 Details
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S 8TH AVE Lanett AL 36863 Foreclosures 3 2 $22,900.00 Details
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US HIGHWAY 29 Valley AL 36854 Foreclosures 3 2 $36,000.00 Details
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COUNTY ROAD 388 Valley AL 36854 Foreclosures 3 2.5 $54,000.00 Details
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31ST ST Valley AL 36854 Foreclosures 3 2 $49,900.00 Details
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14TH AVE Valley AL 36854 Foreclosures 3 2 $18,000.00 Details
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COUNTY ROAD 500 Valley AL 36854 Foreclosures 3 2 $116,200.00 Details
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34TH ST Valley AL 36854 Foreclosures 4 1.5 $36,750.00 Details
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14TH AVE Valley AL 36854 Foreclosures 2 2 $62,895.00 Details
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COLUMBUS RD Valley AL 36854 Foreclosures 3 1 $34,900.00 Details
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COLUMBUS RD Valley AL 36854 Foreclosures 3 2 $30,000.00 Details
About our Listings

How to Buy Five Points Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Five Points Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Five Points Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Five Points Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Five Points Pre-Foreclosures

Foreclosure

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

Five Points Foreclosure Auctions

Foreclosure Auction

Most Five Points 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 Five Points, 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 Five Points, AL. We offer a comprehensive Five Points foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Five Points, Alabama

Find Home Foreclosure Listings in Five Points, AL

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

Our Five Points Foreclosure Lists

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

You can also search Valley foreclosure listings and Lafayette foreclosure listings for more properties in the neighboring area.



Five Points, AL

As of 2011, Five Points's population is 124 people. Since 2000, it has had a population growth of -15. 07 percent. The median home cost in Five Points is $75,000. Home appreciation the last year has been -3. 36 percent. Compared to the rest of the country, Five Points's cost of living is 19. 00% Lower than the U. S. average. Five Points public schools spend $4,270 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 8 students per teacher in Five Points. The unemployment rate in Five Points is 11. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Five Points jobs have Decreased by 0. 83 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplefive-points, alUS
Population124307,829,557
Pop Density13287
Pop Change-15.07%9.34%
Median Age40.136.6
Households51116,329,167
Household Size2.422.58
Male Population52.42%49.31%
Female Population47.58%50.69%
Married Population60.00%47.15%
Single Population40.00%52.85%
Estimated Households By Household Incomefive-points, alUS
Income Less Than 15k23.53%12.10%
Income Between 15k And 25k17.65%10.18%
Income Between 25k And 35k13.73%10.56%
Income Between 35k And 50k23.53%14.98%
Income Between 50k And 75k15.69%19.53%
Income Between 75k And 100k3.92%12.52%
Income Between 100k And 150k1.96%12.14%
Income Between 150k And 250k0.00%3.91%
Income Between 250k And 500k0.00%3.34%
Income Greater Than 500k0.00%0.75%
Economyfive-points, alUS
Unemployment Rate11.70%9.10%
Recent Job Growth-0.83%-0.12%
Future Job Growth26.64%31.25%
Sales Taxes6.50%6.80%
Income Taxes5.00%6.25%
Income Per Cap$14,234$27,067
Household Income$31,398$52,954
Housingfive-points, alUS
Median Home Age36.735.1
Median Home Cost$75,000$175,100
Home Appreciation-3.36%-3.15%
Homes Owned77.97%59.90%
Housing Vacant13.56%10.37%
Homes Rented8.47%29.73%
Property Tax Rate$3.38$11.20
Owner Occupied Housing Units By Valuefive-points, alUS
Less Than 20k6.52%2.65%
20k To 3999917.39%3.76%
40k To 5999919.57%4.99%
60k To 799998.70%6.01%
80k To 9999910.87%7.27%
100k To 14999923.91%19.24%
150k To 1999998.70%14.67%
200k To 2999994.35%18.09%
300k To 3999990.00%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationfive-points, alUS
School Expend$4,270$5,678
Pupil Teacher Ratio15.814.9
Students Per Librarian365803
Students Per Counselor401513
2 Yr College Grad1.15%7.47%
4 Yr College Grad9.20%17.42%
Graduate Degrees3.45%10.12%
High School Grads72.42%84.72%
Crimefive-points, alUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtfive-points, alUS
1999 To 20050.00%13.71%
1995 To 199812.48%8.54%
1990 To 199412.94%5.77%
1980 To 19896.78%13.87%
1970 To 197927.12%16.17%
1960 To 196915.25%11.70%
1950 To 19596.78%11.08%
1940 To 19495.08%6.02%
1939 Or Earlier13.56%13.15%

Table Information