Montpelier FORECLOSURE LISTINGS

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

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
S PLATT ST Montpelier OH 43543 Foreclosures 3 2 $22,900.00 Details
2
5 Photos
E MAIN ST Montpelier OH 43543 Foreclosures 2 1 $75,000.00 Details
3
5 Photos
COUNTY ROAD P50 Montpelier OH 43543 Foreclosures 4 1 $48,300.00 Details
About our Listings

How to Buy Montpelier Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Montpelier Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Montpelier Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Montpelier Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Montpelier Pre-Foreclosures

Foreclosure

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

Montpelier Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Montpelier, Ohio

Find Home Foreclosure Listings in Montpelier, OH

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

Our Montpelier Foreclosure Lists

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

You can also search Bryan foreclosure listings and West Unity foreclosure listings for more properties in the neighboring area.



Montpelier, OH

As of 2011, Montpelier's population is 3,930 people. Since 2000, it has had a population growth of -8. 99 percent. The median home cost in Montpelier is $79,900. Home appreciation the last year has been -2. 17 percent. Compared to the rest of the country, Montpelier's cost of living is 15. 20% Lower than the U. S. average. Montpelier public schools spend $4,592 per student. The average school expenditure in the U. S. is $5,678. There are about 19 students per teacher in Montpelier. The unemployment rate in Montpelier is 11. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Montpelier jobs have Decreased by 2. 50 percent. Average Commute time is 18 minutes. The National Average is 28 minutes.

Peoplemontpelier, ohUS
Population3,930307,829,557
Pop Density1,48287
Pop Change-8.99%9.34%
Median Age35.836.6
Households1,630116,329,167
Household Size2.412.58
Male Population48.47%49.31%
Female Population51.53%50.69%
Married Population54.30%47.15%
Single Population45.70%52.85%
Estimated Households By Household Incomemontpelier, ohUS
Income Less Than 15k15.73%12.10%
Income Between 15k And 25k15.92%10.18%
Income Between 25k And 35k18.38%10.56%
Income Between 35k And 50k17.03%14.98%
Income Between 50k And 75k24.15%19.53%
Income Between 75k And 100k6.45%12.52%
Income Between 100k And 150k1.72%12.14%
Income Between 150k And 250k0.49%3.91%
Income Between 250k And 500k0.12%3.34%
Income Greater Than 500k0.00%0.75%
Economymontpelier, ohUS
Unemployment Rate11.00%9.10%
Recent Job Growth-2.50%-0.12%
Future Job Growth24.00%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.37%6.25%
Income Per Cap$16,983$27,067
Household Income$35,143$52,954
Housingmontpelier, ohUS
Median Home Age6635.1
Median Home Cost$79,900$175,100
Home Appreciation-2.17%-3.15%
Homes Owned62.68%59.90%
Housing Vacant8.54%10.37%
Homes Rented28.78%29.73%
Property Tax Rate$9.68$11.20
Owner Occupied Housing Units By Valuemontpelier, ohUS
Less Than 20k2.69%2.65%
20k To 399999.60%3.76%
40k To 5999917.04%4.99%
60k To 7999926.28%6.01%
80k To 9999922.51%7.27%
100k To 14999918.12%19.24%
150k To 1999993.14%14.67%
200k To 2999990.63%18.09%
300k To 3999990.00%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationmontpelier, ohUS
School Expend$4,592$5,678
Pupil Teacher Ratio1914.9
Students Per Librarian378803
Students Per Counselor568513
2 Yr College Grad11.44%7.47%
4 Yr College Grad4.60%17.42%
Graduate Degrees3.17%10.12%
High School Grads88.84%84.72%
Crimemontpelier, ohUS
Violent Crime34
Property Crime74
Housing Units By Year Structure Builtmontpelier, ohUS
1999 To 20052.42%13.71%
1995 To 19985.30%8.54%
1990 To 19944.03%5.77%
1980 To 19892.59%13.87%
1970 To 197911.19%16.17%
1960 To 19698.83%11.70%
1950 To 195910.46%11.08%
1940 To 19498.60%6.02%
1939 Or Earlier46.60%13.15%

Table Information