Shelby FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Shelby, North Carolina.

Featured Foreclosure Listings in Shelby, NC

Shelby Home Foreclosure Listing ID: 2046426

Foreclosure

Shelby, NC - 28150

2 Bd | 1 Ba | $49,900.00

Shelby Home Foreclosure Listing ID: 2029626

Foreclosure

Shelby, NC - 28150

4 Bd | 2 Ba | $63,000.00

Shelby Home Foreclosure Listing ID: 2055892

Foreclosure

Shelby, NC - 28152

3 Bd | 1 Ba | $85,000.00

Shelby Home Foreclosure Listing ID: 1991291

Foreclosure

Shelby, NC - 28152

3 Bd | 2.5 Ba | $120,000.00

Shelby Home Foreclosure Listing ID: 1950298

Foreclosure

Shelby, NC - 28150

3 Bd | 3 Ba | $199,900.00

Total: 26
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
8 Photos
PHILLIPS ST Shelby NC 28150 Foreclosures 2 1 $49,900.00 Details
2
16 Photos
NEW HOUSE RD Shelby NC 28150 Foreclosures 3 3 $199,900.00 Details
3
3 Photos
E MARION ST Shelby NC 28150 Foreclosures 3 1 $11,900.00 Details
4
8 Photos
ATLANTIC AVE Shelby NC 28150 Foreclosures 4 2 $29,900.00 Details
5
15 Photos
SKINNER RD Shelby NC 28152 Foreclosures 3 2 $136,995.00 Details
6
14 Photos
QUAIL MEADOW RD Shelby NC 28150 Foreclosures 4 2 $63,000.00 Details
7
2 Photos
BRANTON DR Shelby NC 28152 Foreclosures 3 1 $85,000.00 Details
8
1 Photo
HILLTOP DR Shelby NC 28150 Foreclosures 3 2 $72,900.00 Details
9
6 Photos
BRIDGES ST Shelby NC 28152 Foreclosures 4 1 $34,000.00 Details
10
5 Photos
S LAFAYETTE ST Shelby NC 28152 Foreclosures 3 1 $20,000.00 Details
11
6 Photos
BLUE SKY CIR Shelby NC 28152 Foreclosures 3 2.5 $120,000.00 Details
12
4 Photos
WOODSIDE DR Shelby NC 28150 Foreclosures 3 1 $44,900.00 Details
13
5 Photos
JOHN E RANDALL RD Shelby NC 28152 Foreclosures 3 2 $43,000.00 Details
14
1 Photo
MEADOWOOD ST Shelby NC 28152 Foreclosures 3 1 - Details
15
11 Photos
CORVAIR LN Shelby NC 28150 Foreclosures 3 1 $33,900.00 Details
16
1 Photo
OSBORNE ST Shelby NC 28150 Foreclosures 4 2 $57,000.00 Details
17 -
0 Photo
KENDRICK CIR Shelby NC 28152 Foreclosures 3 1.5 $96,500.00 Details
18
16 Photos
B LINNEY LN Shelby NC 28152 Foreclosures 2 2 $105,000.00 Details
19
5 Photos
FALCON CIR Shelby NC 28150 Foreclosures 2 1 $29,900.00 Details
20 -
0 Photo
FALLSTON RD Shelby NC 28150 Foreclosures 2 1 $15,000.00 Details
About our Listings

How to Buy Shelby Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Shelby, NC starts with finding listings. By browsing Shelby 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 Shelby, NC.

>> See more info about how to Buy foreclosures

How to Invest in Shelby Foreclosures

How to invest foreclosure

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

Foreclosure home

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

North Carolina Foreclosure Laws

Foreclosure law

North Carolina 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 Shelby 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 Shelby REO properties.

Shelby Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Shelby Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Shelby Pre-Foreclosures

Foreclosure

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

Shelby Foreclosure Auctions

Foreclosure Auction

Most Shelby 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 Shelby, 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 Shelby, NC. We offer a comprehensive Shelby foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Shelby, North Carolina

Find Home Foreclosure Listings in Shelby, NC

Shelby 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 Shelby, NC 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 Shelby North Carolina, best affordable foreclosure condo in Shelby, cheap apartments for sale, bargain foreclosed homes for sale in Shelby, NC and earn huge savings on the homes YOU want to buy!

Our Shelby Foreclosure Lists

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

You can also search Mooresboro foreclosure listings and Casar foreclosure listings for more properties in the neighboring area.



Shelby, NC

As of 2011, Shelby's population is 20,323 people. Since 2000, it has had a population growth of 4. 30 percent. The median home cost in Shelby is $98,000. Home appreciation the last year has been -2. 49 percent. Compared to the rest of the country, Shelby's cost of living is 12. 90% Lower than the U. S. average. Shelby public schools spend $4,750 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 6 students per teacher in Shelby. The unemployment rate in Shelby is 11. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Shelby jobs have Decreased by 3. 81 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peopleshelby, ncUS
Population20,323307,829,557
Pop Density1,09287
Pop Change4.30%9.34%
Median Age40.536.6
Households8,183116,329,167
Household Size2.42.58
Male Population45.86%49.31%
Female Population54.14%50.69%
Married Population39.77%47.15%
Single Population60.23%52.85%
Estimated Households By Household Incomeshelby, ncUS
Income Less Than 15k23.41%12.10%
Income Between 15k And 25k16.46%10.18%
Income Between 25k And 35k13.99%10.56%
Income Between 35k And 50k14.66%14.98%
Income Between 50k And 75k16.55%19.53%
Income Between 75k And 100k6.34%12.52%
Income Between 100k And 150k4.45%12.14%
Income Between 150k And 250k1.63%3.91%
Income Between 250k And 500k2.14%3.34%
Income Greater Than 500k0.38%0.75%
Economyshelby, ncUS
Unemployment Rate11.70%9.10%
Recent Job Growth-3.81%-0.12%
Future Job Growth20.68%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$19,712$27,067
Household Income$32,275$52,954
Housingshelby, ncUS
Median Home Age42.235.1
Median Home Cost$98,000$175,100
Home Appreciation-2.49%-3.15%
Homes Owned46.20%59.90%
Housing Vacant13.11%10.37%
Homes Rented40.69%29.73%
Property Tax Rate$7.99$11.20
Owner Occupied Housing Units By Valueshelby, ncUS
Less Than 20k2.43%2.65%
20k To 399996.10%3.76%
40k To 5999910.91%4.99%
60k To 7999917.99%6.01%
80k To 9999919.50%7.27%
100k To 14999923.72%19.24%
150k To 1999998.89%14.67%
200k To 2999997.10%18.09%
300k To 3999991.72%9.14%
400k To 4999990.85%4.94%
500k To 7499990.64%5.42%
750k To 9999990.16%2.03%
1kk Or More0.00%1.77%
Educationshelby, ncUS
School Expend$4,750$5,678
Pupil Teacher Ratio14.614.9
Students Per Librarian477803
Students Per Counselor405513
2 Yr College Grad6.91%7.47%
4 Yr College Grad12.79%17.42%
Graduate Degrees6.36%10.12%
High School Grads79.55%84.72%
Crimeshelby, ncUS
Violent Crime74
Property Crime74
Housing Units By Year Structure Builtshelby, ncUS
1999 To 200510.53%13.71%
1995 To 19984.49%8.54%
1990 To 19942.78%5.77%
1980 To 198910.15%13.87%
1970 To 197918.87%16.17%
1960 To 196918.78%11.70%
1950 To 195914.19%11.08%
1940 To 194910.48%6.02%
1939 Or Earlier9.72%13.15%

Table Information