Foreclosures and Short Sales in Jacksonville NC

About Jacksonville Schools
Jacksonville strives to provide local residents with the best education through utilizing effective teaching methods, hiring passionate teachers, and providing a great learning environment. There is a plentiful amount of schools to attend, ranging from public to private schools. For higher education, the Coastal Carolina Community College is one of many located near the metropolitan area.
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Jacksonville, NC Foreclosures and Short Sales
Why Buy Foreclosed and Short Sale Homes?
A house in foreclosure means the current owner was unable to keep up mortgage payments and is in the process of being repossessed by the lender. When a house goes on “short sale,” it means the owner is facing possible foreclosure and agrees with the lender to sell the property for less than is owed.
There are several benefits to buying foreclosed and short sale properties. One, is you can buy the house for a bargain price. Usually homes are priced below market value, and you still have room to bargain. Second, they are great for first-time buyers, since lenders will sell the property under low-down payments. Third, is that it allows you to move into better neighborhoods such as those in Jacksonville. People who weren’t able to keep up with the higher-priced area are now offering a cheaper price tag in order to sell quickly. And lastly, it allows you to save money. If you buy a house below market value, typically, that property will increase in value over the years. In return, you’ve made a profit, allowing you to use that extra money to buy a higher-priced house.
Jacksonville, NC Real Estate
Houses in Jacksonville are being sold at a premium, and with foreclosure and short sale listings growing, there’s no better time to buy. Houses in the area offer spacious rooms, gourmet kitchens, beautifully landscaped yards, and garages.
View our current Jacksonville foreclosure and short sale listings.
Typical Property Statistics:
- 3 Bedrooms
- 2 Baths
- Average List Price: $167,429
- Average Price per Sq.Ft.: $97