Grand Rapids FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Grand Rapids, Minnesota.

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
12 Photos
SE 3RD AVE Grand Rapids MN 55744 Foreclosures 3 2.5 $88,000.00 Details
2
1 Photo
STATE HIGHWAY 38 Grand Rapids MN 55744 Foreclosures 2 1 - Details
3
2 Photos
RIVER RD Grand Rapids MN 55744 Foreclosures 3 2 - Details
4
17 Photos
SW 10TH AVE Grand Rapids MN 55744 Auctions 2 1 - Details
5 -
0 Photo
SW 1ST ST Grand Rapids MN 55744 Foreclosures 3 1 $169,900.00 Details
6
1 Photo
LAPLANT RD Grand Rapids MN 55744 Foreclosures - - - Details
About our Listings

How to Buy Grand Rapids Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Grand Rapids, MN starts with finding listings. By browsing Grand Rapids 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 Grand Rapids, MN.

>> See more info about how to Buy foreclosures

How to Invest in Grand Rapids Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Minnesota Foreclosure Laws

Foreclosure law

Minnesota 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 Grand Rapids 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 Grand Rapids REO properties.

Grand Rapids Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Grand Rapids Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Grand Rapids Pre-Foreclosures

Foreclosure

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

Grand Rapids Foreclosure Auctions

Foreclosure Auction

Most Grand Rapids 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 Grand Rapids, 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 Grand Rapids, MN. We offer a comprehensive Grand Rapids foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Grand Rapids, Minnesota

Find Home Foreclosure Listings in Grand Rapids, MN

Grand Rapids 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 Grand Rapids, MN 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 Grand Rapids Minnesota, best affordable foreclosure condo in Grand Rapids, cheap apartments for sale, bargain foreclosed homes for sale in Grand Rapids, MN and earn huge savings on the homes YOU want to buy!

Our Grand Rapids Foreclosure Lists

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

You can also search Cohasset foreclosure listings and Deer River foreclosure listings for more properties in the neighboring area.



Grand Rapids, MN

As of 2011, Grand Rapids's population is 7,411 people. Since 2000, it has had a population growth of -4. 53 percent. The median home cost in Grand Rapids is $115,800. Home appreciation the last year has been -2. 01 percent. Compared to the rest of the country, Grand Rapids's cost of living is 5. 40% Lower than the U. S. average. Grand Rapids public schools spend $5,553 per student. The average school expenditure in the U. S. is $5,678. There are about 20. 3 students per teacher in Grand Rapids. The unemployment rate in Grand Rapids is 10. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Grand Rapids jobs have Increased by 0. 17 percent. Average Commute time is 15 minutes. The National Average is 28 minutes.

Peoplegrand-rapids, mnUS
Population7,411307,829,557
Pop Density1,04487
Pop Change-4.53%9.34%
Median Age41.336.6
Households3,345116,329,167
Household Size2.122.58
Male Population47.70%49.31%
Female Population52.30%50.69%
Married Population49.08%47.15%
Single Population50.92%52.85%
Estimated Households By Household Incomegrand-rapids, mnUS
Income Less Than 15k18.34%12.10%
Income Between 15k And 25k15.31%10.18%
Income Between 25k And 35k17.14%10.56%
Income Between 35k And 50k16.18%14.98%
Income Between 50k And 75k18.16%19.53%
Income Between 75k And 100k7.86%12.52%
Income Between 100k And 150k5.52%12.14%
Income Between 150k And 250k0.84%3.91%
Income Between 250k And 500k0.60%3.34%
Income Greater Than 500k0.06%0.75%
Economygrand-rapids, mnUS
Unemployment Rate10.30%9.10%
Recent Job Growth0.17%-0.12%
Future Job Growth30.04%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income Per Cap$20,348$27,067
Household Income$34,499$52,954
Housinggrand-rapids, mnUS
Median Home Age40.335.1
Median Home Cost$115,800$175,100
Home Appreciation-2.01%-3.15%
Homes Owned53.32%59.90%
Housing Vacant6.14%10.37%
Homes Rented40.54%29.73%
Property Tax Rate$5.70$11.20
Owner Occupied Housing Units By Valuegrand-rapids, mnUS
Less Than 20k2.54%2.65%
20k To 399992.59%3.76%
40k To 599999.09%4.99%
60k To 7999910.51%6.01%
80k To 9999914.32%7.27%
100k To 14999933.33%19.24%
150k To 19999914.63%14.67%
200k To 2999998.87%18.09%
300k To 3999993.22%9.14%
400k To 4999990.69%4.94%
500k To 7499990.21%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationgrand-rapids, mnUS
School Expend$5,553$5,678
Pupil Teacher Ratio20.314.9
Students Per Librarian408803
Students Per Counselor726513
2 Yr College Grad11.76%7.47%
4 Yr College Grad14.77%17.42%
Graduate Degrees5.68%10.12%
High School Grads92.39%84.72%
Crimegrand-rapids, mnUS
Violent Crime24
Property Crime54
Housing Units By Year Structure Builtgrand-rapids, mnUS
1999 To 20056.54%13.71%
1995 To 19985.02%8.54%
1990 To 19944.08%5.77%
1980 To 198912.82%13.87%
1970 To 197921.92%16.17%
1960 To 196910.51%11.70%
1950 To 195916.00%11.08%
1940 To 19498.73%6.02%
1939 Or Earlier14.39%13.15%

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