North Andover FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in North Andover, Massachusetts.

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
ACORN DR # 1106 North Andover MA 01845 Foreclosures 3 3 $309,900.00 Details
2
1 Photo
TURNPIKE ST UNIT 312 North Andover MA 01845 Foreclosures 2 2 $200,900.00 Details
3
1 Photo
LACY ST North Andover MA 01845 Foreclosures 5 4 $462,800.00 Details
About our Listings

How to Buy North Andover Foreclosures

How to buy foreclosures

Buying real estate foreclosures in North Andover, MA starts with finding listings. By browsing North Andover 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 North Andover, MA.

>> See more info about how to Buy foreclosures

How to Invest in North Andover Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Massachusetts Foreclosure Laws

Foreclosure law

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

North Andover Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

North Andover Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

North Andover Pre-Foreclosures

Foreclosure

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

North Andover Foreclosure Auctions

Foreclosure Auction

Most North Andover 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 North Andover, 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 North Andover, MA. We offer a comprehensive North Andover foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in North Andover, Massachusetts

Find Home Foreclosure Listings in North Andover, MA

North Andover 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 North Andover, MA 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 North Andover Massachusetts, best affordable foreclosure condo in North Andover, cheap apartments for sale, bargain foreclosed homes for sale in North Andover, MA and earn huge savings on the homes YOU want to buy!

Our North Andover Foreclosure Lists

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

You can also search Methuen foreclosure listings and Merrimac foreclosure listings for more properties in the neighboring area.



North Andover, MA

As of 2011, North Andover's population is 28,487 people. Since 2000, it has had a population growth of 4. 64 percent. The median home cost in North Andover is $460,800. Home appreciation the last year has been -0. 55 percent. Compared to the rest of the country, North Andover's cost of living is 52. 70% Higher than the U. S. average. North Andover public schools spend $6,164 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 4 students per teacher in North Andover. The unemployment rate in North Andover is 6. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. North Andover jobs have Increased by 0. 97 percent. Average Commute time is 32 minutes. The National Average is 28 minutes.

Peoplenorth-andover, maUS
Population28,487307,829,557
Pop Density1,08187
Pop Change4.64%9.34%
Median Age38.836.6
Households10,181116,329,167
Household Size2.62.58
Male Population48.46%49.31%
Female Population51.54%50.69%
Married Population53.03%47.15%
Single Population46.97%52.85%
Estimated Households By Household Incomenorth-andover, maUS
Income Less Than 15k6.48%12.10%
Income Between 15k And 25k6.61%10.18%
Income Between 25k And 35k6.16%10.56%
Income Between 35k And 50k8.38%14.98%
Income Between 50k And 75k15.11%19.53%
Income Between 75k And 100k11.51%12.52%
Income Between 100k And 150k20.00%12.14%
Income Between 150k And 250k11.37%3.91%
Income Between 250k And 500k11.51%3.34%
Income Greater Than 500k2.88%0.75%
Economynorth-andover, maUS
Unemployment Rate6.90%9.10%
Recent Job Growth0.97%-0.12%
Future Job Growth35.04%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income Per Cap$43,342$27,067
Household Income$90,777$52,954
Housingnorth-andover, maUS
Median Home Age3735.1
Median Home Cost$460,800$175,100
Home Appreciation-0.55%-3.15%
Homes Owned73.19%59.90%
Housing Vacant2.85%10.37%
Homes Rented23.96%29.73%
Property Tax Rate$11.64$11.20
Owner Occupied Housing Units By Valuenorth-andover, maUS
Less Than 20k0.24%2.65%
20k To 399990.31%3.76%
40k To 599990.04%4.99%
60k To 799990.09%6.01%
80k To 999990.73%7.27%
100k To 1499994.45%19.24%
150k To 1999995.32%14.67%
200k To 29999914.80%18.09%
300k To 39999919.06%9.14%
400k To 49999915.78%4.94%
500k To 74999929.31%5.42%
750k To 9999997.36%2.03%
1kk Or More2.50%1.77%
Educationnorth-andover, maUS
School Expend$6,164$5,678
Pupil Teacher Ratio17.414.9
Students Per Librarian4624803
Students Per Counselor399513
2 Yr College Grad6.44%7.47%
4 Yr College Grad32.60%17.42%
Graduate Degrees24.20%10.12%
High School Grads95.44%84.72%
Crimenorth-andover, maUS
Violent Crime14
Property Crime14
Housing Units By Year Structure Builtnorth-andover, maUS
1999 To 20057.10%13.71%
1995 To 19984.65%8.54%
1990 To 19948.52%5.77%
1980 To 198915.17%13.87%
1970 To 197919.68%16.17%
1960 To 196914.51%11.70%
1950 To 19598.81%11.08%
1940 To 19494.11%6.02%
1939 Or Earlier17.45%13.15%

Table Information