Lake City FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Lake City, Florida.

Featured Foreclosure Listings in Lake City, FL

Lake City Home Foreclosure Listing ID: 1915123

Foreclosure

Lake City, FL - 32024

5 Bd | 3 Ba | $39,200.00

Lake City Home Foreclosure Listing ID: 1903186

Foreclosure

Lake City, FL - 32055

3 Bd | 2 Ba | $55,000.00

Lake City Home Foreclosure Listing ID: 2016042

Foreclosure

Lake City, FL - 32025

3 Bd | 2 Ba | $56,000.00

Lake City Home Foreclosure Listing ID: 1989104

Foreclosure

Lake City, FL - 32024

3 Bd | 2 Ba | $69,900.00

Lake City Home Foreclosure Listing ID: 2060340

Foreclosure

Lake City, FL - 32055

3 Bd | 2 Ba | $111,900.00

Total: 26
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
20 Photos
NW OVERFLOW LAKE DR Lake City FL 32055 Foreclosures 3 2 $111,900.00 Details
2
1 Photo
SW BEAUREGARD GLN Lake City FL 32024 Foreclosures 3 2 $69,900.00 Details
3
2 Photos
SE BROCK GLN Lake City FL 32025 Foreclosures 3 1 $45,000.00 Details
4
6 Photos
SE CAROB GLN Lake City FL 32025 Foreclosures 3 2 $56,000.00 Details
5
2 Photos
NW HARPERS PL Lake City FL 32055 Foreclosures 3 2 $55,000.00 Details
6
6 Photos
SE MOSSY CT Lake City FL 32025 Foreclosures 3 2 $129,000.00 Details
7
1 Photo
SW DAVENPORT GLN Lake City FL 32024 Foreclosures 2 1 $39,900.00 Details
8
13 Photos
SE HERNANDO AVE Lake City FL 32025 Foreclosures 4 2 $179,900.00 Details
9
12 Photos
SW CLINT WAY Lake City FL 32024 Foreclosures 5 3 $39,200.00 Details
10
59 Photos
SW DEPUTY J DAVIS LN Lake City FL 32024 Foreclosures 3 2 $24,000.00 Details
11
1 Photo
N US HIGHWAY 441 Lake City FL 32055 Foreclosures 3 - $39,900.00 Details
12
1 Photo
SW MAIN BLVD Lake City FL 32025 Foreclosures - - $295,000.00 Details
13
1 Photo
SW KAREN CT Lake City FL 32025 Foreclosures 4 2 - Details
14
12 Photos
SW BONANZA GLN Lake City FL 32025 Auctions 2 2 - Details
15
40 Photos
NW WIREGRASS CT Lake City FL 32055 Foreclosures 4 2 - Details
16
19 Photos
SW PHILLIPS CIR Lake City FL 32024 Foreclosures 3 2 - Details
17
1 Photo
NW ETHELIND CT Lake City FL 32055 Foreclosures 3 2 $57,995.00 Details
18 -
0 Photo
NW NYE HUNTER DR Lake City FL 32055 Foreclosures 2 2 $19,900.00 Details
19 -
0 Photo
NE LAGUNA DR Lake City FL 32055 Foreclosures 3 2 $75,000.00 Details
20
28 Photos
NW TURNER AVE Lake City FL 32055 Foreclosures 3 2 $53,900.00 Details
About our Listings

How to Buy Lake City Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Lake City, FL starts with finding listings. By browsing Lake City 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 Lake City, FL.

>> See more info about how to Buy foreclosures

How to Invest in Lake City Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Florida Foreclosure Laws

Foreclosure law

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

Lake City Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lake City Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lake City Pre-Foreclosures

Foreclosure

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

Lake City Foreclosure Auctions

Foreclosure Auction

Most Lake City 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 Lake City, 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 Lake City, FL. We offer a comprehensive Lake City foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lake City, Florida

Find Home Foreclosure Listings in Lake City, FL

Lake City 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 Lake City, FL 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 Lake City Florida, best affordable foreclosure condo in Lake City, cheap apartments for sale, bargain foreclosed homes for sale in Lake City, FL and earn huge savings on the homes YOU want to buy!

Our Lake City Foreclosure Lists

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



Lake City, FL

As of 2011, Lake City's population is 12,284 people. Since 2000, it has had a population growth of 23. 02 percent. The median home cost in Lake City is $112,600. Home appreciation the last year has been -8. 44 percent. Compared to the rest of the country, Lake City's cost of living is 9. 30% Lower than the U. S. average. Lake City public schools spend $4,286 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 6 students per teacher in Lake City. The unemployment rate in Lake City is 9. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Lake City jobs have Decreased by 3. 13 percent. Average Commute time is 18 minutes. The National Average is 28 minutes.

Peoplelake-city, flUS
Population12,284307,829,557
Pop Density1,10587
Pop Change23.02%9.34%
Median Age39.836.6
Households4,913116,329,167
Household Size2.322.58
Male Population48.67%49.31%
Female Population51.33%50.69%
Married Population31.47%47.15%
Single Population68.53%52.85%
Estimated Households By Household Incomelake-city, flUS
Income Less Than 15k19.11%12.10%
Income Between 15k And 25k16.92%10.18%
Income Between 25k And 35k12.69%10.56%
Income Between 35k And 50k14.64%14.98%
Income Between 50k And 75k16.61%19.53%
Income Between 75k And 100k7.30%12.52%
Income Between 100k And 150k9.11%12.14%
Income Between 150k And 250k1.99%3.91%
Income Between 250k And 500k1.48%3.34%
Income Greater Than 500k0.14%0.75%
Economylake-city, flUS
Unemployment Rate9.80%9.10%
Recent Job Growth-3.13%-0.12%
Future Job Growth23.94%31.25%
Sales Taxes7.00%6.80%
Income Taxes0.00%6.25%
Income Per Cap$20,647$27,067
Household Income$36,418$52,954
Housinglake-city, flUS
Median Home Age34.135.1
Median Home Cost$112,600$175,100
Home Appreciation-8.44%-3.15%
Homes Owned48.73%59.90%
Housing Vacant7.26%10.37%
Homes Rented44.01%29.73%
Property Tax Rate$10.08$11.20
Owner Occupied Housing Units By Valuelake-city, flUS
Less Than 20k3.75%2.65%
20k To 399995.80%3.76%
40k To 599997.70%4.99%
60k To 7999913.00%6.01%
80k To 9999913.93%7.27%
100k To 14999923.37%19.24%
150k To 19999914.55%14.67%
200k To 29999911.88%18.09%
300k To 3999992.32%9.14%
400k To 4999991.47%4.94%
500k To 7499991.78%5.42%
750k To 9999990.23%2.03%
1kk Or More0.19%1.77%
Educationlake-city, flUS
School Expend$4,286$5,678
Pupil Teacher Ratio15.614.9
Students Per Librarian509803
Students Per Counselor377513
2 Yr College Grad5.63%7.47%
4 Yr College Grad13.06%17.42%
Graduate Degrees6.82%10.12%
High School Grads81.49%84.72%
Crimelake-city, flUS
Violent Crime94
Property Crime104
Housing Units By Year Structure Builtlake-city, flUS
1999 To 200519.76%13.71%
1995 To 19984.12%8.54%
1990 To 19947.27%5.77%
1980 To 198914.48%13.87%
1970 To 197911.20%16.17%
1960 To 196914.60%11.70%
1950 To 195912.86%11.08%
1940 To 19498.45%6.02%
1939 Or Earlier7.26%13.15%

Table Information