East Lyme FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in East Lyme, Connecticut.

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SAUNDERS DR Niantic CT 06357 Foreclosures 2 2 $459,900.00 Details
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HILLTOP TER Waterford CT 06385 Foreclosures 3 1 $113,220.00 Details
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DEBORAH ST Waterford CT 06385 Foreclosures 3 2 $184,900.00 Details
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ROPE FERRY COMMONS Waterford CT 06385 Foreclosures 2 1 $100,000.00 Details
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SANDY HOLLOW DR Waterford CT 06385 Foreclosures 3 2 $148,900.00 Details
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GREAT NECK RD Waterford CT 06385 Foreclosures - - $118,000.00 Details
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SUNSET ST New London CT 06320 Auctions 2 1 $90,000.00 Details
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LOWER BLVD New London CT 06320 Foreclosures 3 2 $188,900.00 Details
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MOHEGAN AVENUE PKWY Quaker Hill CT 06375 Foreclosures 5 3 $209,900.00 Details
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SCOTCH CAP RD Quaker Hill CT 06375 Foreclosures 3 2 $121,000.00 Details
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JACOP DR Uncasville CT 06382 Foreclosures 3 1 $110,160.00 Details
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DEPOT RD Groton CT 06340 Foreclosures 2 1 $69,900.00 Details
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MERIDIAN ST APT H Groton CT 06340 Foreclosures 2 1 $79,000.00 Details
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A MARDIE LN Groton CT 06340 Foreclosures 2 2 - Details
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P LAKESIDE DR Ledyard CT 06339 Foreclosures 2 2 $92,900.00 Details
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OLD FORT LN Ledyard CT 06339 Foreclosures 4 2 $117,984.00 Details
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BROAD ST Norwich CT 06360 Foreclosures 5 2 $94,860.00 Details
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HICKORY ST Norwich CT 06360 Foreclosures 3 1.5 $59,900.00 Details
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SCOTT ST Norwich CT 06360 Foreclosures 3 1 $50,000.00 Details
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6TH ST Norwich CT 06360 Foreclosures 4 3 $79,560.00 Details
About our Listings

How to Buy East Lyme Foreclosures

How to buy foreclosures

Buying real estate foreclosures in East Lyme, CT starts with finding listings. By browsing East Lyme 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 East Lyme, CT.

>> See more info about how to Buy foreclosures

How to Invest in East Lyme Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Connecticut Foreclosure Laws

Foreclosure law

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

East Lyme Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

East Lyme Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

East Lyme Pre-Foreclosures

Foreclosure

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

East Lyme Foreclosure Auctions

Foreclosure Auction

Most East Lyme 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 East Lyme, 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 East Lyme, CT. We offer a comprehensive East Lyme foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in East Lyme, Connecticut

Find Home Foreclosure Listings in East Lyme, CT

East Lyme 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 East Lyme, CT 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 East Lyme Connecticut, best affordable foreclosure condo in East Lyme, cheap apartments for sale, bargain foreclosed homes for sale in East Lyme, CT and earn huge savings on the homes YOU want to buy!

Our East Lyme Foreclosure Lists

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

You can also search Lebanon foreclosure listings and New London foreclosure listings for more properties in the neighboring area.



East Lyme, CT

As of 2011, East Lyme's population is 18,935 people. Since 2000, it has had a population growth of 4. 60 percent. The median home cost in East Lyme is $293,000. Home appreciation the last year has been -3. 24 percent. Compared to the rest of the country, East Lyme's cost of living is 33. 20% Higher than the U. S. average. East Lyme public schools spend $7,341 per student. The average school expenditure in the U. S. is $5,678. There are about 15 students per teacher in East Lyme. The unemployment rate in East Lyme is 7. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. East Lyme jobs have Decreased by 1. 67 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peopleeast-lyme, ctUS
Population18,935307,829,557
Pop Density56487
Pop Change4.60%9.34%
Median Age41.136.6
Households6,875116,329,167
Household Size2.442.58
Male Population47.67%49.31%
Female Population52.33%50.69%
Married Population51.64%47.15%
Single Population48.36%52.85%
Estimated Households By Household Incomeeast-lyme, ctUS
Income Less Than 15k4.39%12.10%
Income Between 15k And 25k5.47%10.18%
Income Between 25k And 35k6.56%10.56%
Income Between 35k And 50k8.47%14.98%
Income Between 50k And 75k15.02%19.53%
Income Between 75k And 100k19.08%12.52%
Income Between 100k And 150k23.44%12.14%
Income Between 150k And 250k9.67%3.91%
Income Between 250k And 500k6.22%3.34%
Income Greater Than 500k1.68%0.75%
Economyeast-lyme, ctUS
Unemployment Rate7.90%9.10%
Recent Job Growth-1.67%-0.12%
Future Job Growth28.76%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$39,501$27,067
Household Income$88,000$52,954
Housingeast-lyme, ctUS
Median Home Age40.235.1
Median Home Cost$293,000$175,100
Home Appreciation-3.24%-3.15%
Homes Owned67.31%59.90%
Housing Vacant16.56%10.37%
Homes Rented16.13%29.73%
Property Tax Rate$15.98$11.20
Owner Occupied Housing Units By Valueeast-lyme, ctUS
Less Than 20k0.00%2.65%
20k To 399990.14%3.76%
40k To 599990.00%4.99%
60k To 799990.11%6.01%
80k To 999990.59%7.27%
100k To 1499992.61%19.24%
150k To 19999915.73%14.67%
200k To 29999941.55%18.09%
300k To 39999918.15%9.14%
400k To 4999997.36%4.94%
500k To 74999911.18%5.42%
750k To 9999992.11%2.03%
1kk Or More0.47%1.77%
Educationeast-lyme, ctUS
School Expend$7,341$5,678
Pupil Teacher Ratio1514.9
Students Per Librarian408803
Students Per Counselor358513
2 Yr College Grad7.01%7.47%
4 Yr College Grad21.07%17.42%
Graduate Degrees19.71%10.12%
High School Grads93.55%84.72%
Crimeeast-lyme, ctUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builteast-lyme, ctUS
1999 To 200512.67%13.71%
1995 To 19983.98%8.54%
1990 To 19945.87%5.77%
1980 To 198910.06%13.87%
1970 To 197918.27%16.17%
1960 To 196914.49%11.70%
1950 To 195913.56%11.08%
1940 To 19496.12%6.02%
1939 Or Earlier14.98%13.15%

Table Information