Ooltewah FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Ooltewah, TN

Ooltewah Home Foreclosure Listing ID: 2152388

Foreclosure

Ooltewah, TN - 37363

3 Bd | 2.1 Ba | $102,000.00

Ooltewah Home Foreclosure Listing ID: 2162944

Foreclosure

Ooltewah, TN - 37363

3 Bd | 2.5 Ba | $132,500.00

Ooltewah Home Foreclosure Listing ID: 2152477

Foreclosure

Ooltewah, TN - 37363

4 Bd | 3 Ba | $189,000.00

Ooltewah Home Foreclosure Listing ID: 2071409

Foreclosure

Ooltewah, TN - 37363

4 Bd | 4 Ba | $264,900.00

Ooltewah Home Foreclosure Listing ID: 2100029

Foreclosure

Ooltewah, TN - 37363

3 Bd | 2.5 Ba | $269,900.00

Total: 7
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
24 Photos
REFUGE LN Ooltewah TN 37363 Foreclosures 3 2.5 $269,900.00 Details
2
5 Photos
TROUBADOUR WAY Ooltewah TN 37363 Foreclosures 3 2.1 $102,000.00 Details
3
12 Photos
CATTAILS MEADOW LN Ooltewah TN 37363 Foreclosures 4 4 $264,900.00 Details
4
18 Photos
ROBINSON FARM RD Ooltewah TN 37363 Foreclosures 3 2.5 $132,500.00 Details
5
6 Photos
LEXIE LN Ooltewah TN 37363 Foreclosures 4 3 $189,000.00 Details
6
1 Photo
JONQUIL LN Ooltewah TN 37363 Foreclosures 5 3.5 - Details
7
20 Photos
POST OAK DR Ooltewah TN 37363 Foreclosures 3 - $209,900.00 Details
About our Listings

How to Buy Ooltewah Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Ooltewah, TN starts with finding listings. By browsing Ooltewah 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 Ooltewah, TN.

>> See more info about how to Buy foreclosures

How to Invest in Ooltewah Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Tennessee Foreclosure Laws

Foreclosure law

Tennessee real estate foreclosures generally are non-judicial foreclosures, meaning that real estate brokers are allowed to pursue a foreclosure on a homeowner in default without first getting a court approval. Before distressed properties in Tennessee can be sold as foreclosure houses, a lender must issue a Notice of Default and give the homeowner 60 days to pay their debt. After that time, a sale can be scheduled for no less than 21 days in the future. If a home does not sell at auction, the lender takes control of the property; these are known as Tennessee REO properties.

Ooltewah Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Ooltewah Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Ooltewah Pre-Foreclosures

Foreclosure

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

Ooltewah Foreclosure Auctions

Foreclosure Auction

Most Ooltewah 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 Ooltewah, 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 Ooltewah, TN. We offer a comprehensive Ooltewah foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Ooltewah, Tennessee

Find Home Foreclosure Listings in Ooltewah, TN

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

Our Ooltewah Foreclosure Lists

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

You can also search Lookout Mountain foreclosure listings and Sale Creek foreclosure listings for more properties in the neighboring area.



Ooltewah, TN

As of 2011, Ooltewah's population is 7,623 people. Since 2000, it has had a population growth of 34. 07 percent. The median home cost in Ooltewah is $133,400. Home appreciation the last year has been -1. 90 percent. Compared to the rest of the country, Ooltewah's cost of living is 8. 80% Lower than the U. S. average. Ooltewah public schools spend $4,982 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 1 students per teacher in Ooltewah. The unemployment rate in Ooltewah is 8. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Ooltewah jobs have Increased by 3. 10 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peopleooltewah, tnUS
Population7,623307,829,557
Pop Density1,01487
Pop Change34.07%9.34%
Median Age39.536.6
Households2,676116,329,167
Household Size2.532.58
Male Population48.57%49.31%
Female Population51.43%50.69%
Married Population44.47%47.15%
Single Population55.53%52.85%
Estimated Households By Household Incomeooltewah, tnUS
Income Less Than 15k10.97%12.10%
Income Between 15k And 25k9.90%10.18%
Income Between 25k And 35k16.00%10.56%
Income Between 35k And 50k14.55%14.98%
Income Between 50k And 75k23.36%19.53%
Income Between 75k And 100k10.27%12.52%
Income Between 100k And 150k9.90%12.14%
Income Between 150k And 250k1.93%3.91%
Income Between 250k And 500k2.46%3.34%
Income Greater Than 500k0.67%0.75%
Economyooltewah, tnUS
Unemployment Rate8.10%9.10%
Recent Job Growth3.10%-0.12%
Future Job Growth38.10%31.25%
Sales Taxes9.25%6.80%
Income Taxes0.00%6.25%
Income Per Cap$23,534$27,067
Household Income$48,532$52,954
Housingooltewah, tnUS
Median Home Age17.935.1
Median Home Cost$133,400$175,100
Home Appreciation-1.90%-3.15%
Homes Owned65.87%59.90%
Housing Vacant7.05%10.37%
Homes Rented27.07%29.73%
Property Tax Rate$9.48$11.20
Owner Occupied Housing Units By Valueooltewah, tnUS
Less Than 20k4.72%2.65%
20k To 399999.97%3.76%
40k To 599997.51%4.99%
60k To 799996.35%6.01%
80k To 999995.56%7.27%
100k To 14999927.56%19.24%
150k To 19999915.12%14.67%
200k To 29999912.65%18.09%
300k To 3999995.41%9.14%
400k To 4999993.31%4.94%
500k To 7499990.47%5.42%
750k To 9999990.21%2.03%
1kk Or More1.15%1.77%
Educationooltewah, tnUS
School Expend$4,982$5,678
Pupil Teacher Ratio15.114.9
Students Per Librarian468803
Students Per Counselor481513
2 Yr College Grad6.23%7.47%
4 Yr College Grad15.21%17.42%
Graduate Degrees8.26%10.12%
High School Grads77.58%84.72%
Crimeooltewah, tnUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtooltewah, tnUS
1999 To 200531.81%13.71%
1995 To 199815.34%8.54%
1990 To 19948.38%5.77%
1980 To 198913.00%13.87%
1970 To 197914.63%16.17%
1960 To 19697.12%11.70%
1950 To 19594.08%11.08%
1940 To 19493.35%6.02%
1939 Or Earlier2.28%13.15%

Table Information