Lakewood FORECLOSURE LISTINGS

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

Total: 10
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
HALSTEAD AVE Lakewood OH 44107 Foreclosures 3 2 $37,500.00 Details
2
15 Photos
ORCHARD GROVE AVE Lakewood OH 44107 Foreclosures 4 1 $52,500.00 Details
3
6 Photos
WARREN RD Lakewood OH 44107 Foreclosures 2 1 - Details
4
16 Photos
BAYES AVE Lakewood OH 44107 Foreclosures 3 1 - Details
5
9 Photos
COVE AVE Lakewood OH 44107 Foreclosures 3 2 $48,925.00 Details
6
15 Photos
THOREAU RD Lakewood OH 44107 Foreclosures 3 1 $40,000.00 Details
7
9 Photos
HALL AVE Lakewood OH 44107 Foreclosures 4 1 $59,900.00 Details
8 -
0 Photo
OLIVEWOOD AVE Lakewood OH 44107 Foreclosures 4 1 $37,000.00 Details
9
19 Photos
WESTLAKE AVE Lakewood OH 44107 Auctions 3 2 - Details
10 -
0 Photo
DOWD AVE # 1 Lakewood OH 44107 Foreclosures 2 1 - Details
About our Listings

How to Buy Lakewood Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Lakewood Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Lakewood Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lakewood Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lakewood Pre-Foreclosures

Foreclosure

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

Lakewood Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Lakewood, Ohio

Find Home Foreclosure Listings in Lakewood, OH

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

Our Lakewood Foreclosure Lists

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

You can also search North Olmsted foreclosure listings and Rocky River foreclosure listings for more properties in the neighboring area.



Lakewood, OH

As of 2011, Lakewood's population is 49,649 people. Since 2000, it has had a population growth of -12. 28 percent. The median home cost in Lakewood is $131,600. Home appreciation the last year has been -3. 05 percent. Compared to the rest of the country, Lakewood's cost of living is 2. 00% Lower than the U. S. average. Lakewood public schools spend $6,600 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 2 students per teacher in Lakewood. The unemployment rate in Lakewood is 7. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Lakewood jobs have Increased by 1. 43 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplelakewood, ohUS
Population49,649307,829,557
Pop Density9,03487
Pop Change-12.28%9.34%
Median Age39.136.6
Households23,785116,329,167
Household Size2.052.58
Male Population48.20%49.31%
Female Population51.80%50.69%
Married Population34.51%47.15%
Single Population65.49%52.85%
Estimated Households By Household Incomelakewood, ohUS
Income Less Than 15k12.14%12.10%
Income Between 15k And 25k11.29%10.18%
Income Between 25k And 35k13.37%10.56%
Income Between 35k And 50k18.46%14.98%
Income Between 50k And 75k20.70%19.53%
Income Between 75k And 100k10.92%12.52%
Income Between 100k And 150k9.56%12.14%
Income Between 150k And 250k1.75%3.91%
Income Between 250k And 500k1.54%3.34%
Income Greater Than 500k0.27%0.75%
Economylakewood, ohUS
Unemployment Rate7.40%9.10%
Recent Job Growth1.43%-0.12%
Future Job Growth35.46%31.25%
Sales Taxes7.75%6.80%
Income Taxes8.37%6.25%
Income Per Cap$28,056$27,067
Household Income$45,824$52,954
Housinglakewood, ohUS
Median Home Age78.435.1
Median Home Cost$131,600$175,100
Home Appreciation-3.05%-3.15%
Homes Owned39.82%59.90%
Housing Vacant10.45%10.37%
Homes Rented49.73%29.73%
Property Tax Rate$15.40$11.20
Owner Occupied Housing Units By Valuelakewood, ohUS
Less Than 20k0.03%2.65%
20k To 399991.38%3.76%
40k To 599992.57%4.99%
60k To 799993.73%6.01%
80k To 9999911.03%7.27%
100k To 14999948.71%19.24%
150k To 19999920.99%14.67%
200k To 2999996.99%18.09%
300k To 3999991.93%9.14%
400k To 4999990.96%4.94%
500k To 7499990.99%5.42%
750k To 9999990.42%2.03%
1kk Or More0.27%1.77%
Educationlakewood, ohUS
School Expend$6,600$5,678
Pupil Teacher Ratio17.214.9
Students Per Librarian276803
Students Per Counselor482513
2 Yr College Grad6.70%7.47%
4 Yr College Grad25.31%17.42%
Graduate Degrees13.66%10.12%
High School Grads91.95%84.72%
Crimelakewood, ohUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtlakewood, ohUS
1999 To 20051.25%13.71%
1995 To 19980.16%8.54%
1990 To 19940.09%5.77%
1980 To 19891.25%13.87%
1970 To 19795.20%16.17%
1960 To 196911.47%11.70%
1950 To 19599.19%11.08%
1940 To 19497.59%6.02%
1939 Or Earlier63.79%13.15%

Table Information