Saco FORECLOSURE LISTINGS

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

Total: 20
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
1
7 Photos
HOOPER ST Biddeford ME 04005 Foreclosures 2 1 $89,900.00 Details
2 -
0 Photo
OLD POOL RD Biddeford ME 04005 Auctions - - - Details
3
1 Photo
SMITHWHEEL RD APT 19 Old Orchard Beach ME 04064 Foreclosures 2 1 $62,900.00 Details
4
2 Photos
CASTLE ROCK DR Old Orchard Beach ME 04064 Foreclosures 3 1.5 $7,900.00 Details
5
18 Photos
ROSS RD Old Orchard Beach ME 04064 Foreclosures 1 1 $124,900.00 Details
6 -
0 Photo
PROSPECT ST Old Orchard Beach ME 04064 Foreclosures 2 1 $157,900.00 Details
7
12 Photos
SMITHWHEEL RD UNIT 52 Old Orchard Beach ME 04064 Foreclosures 3 2 $149,900.00 Details
8
1 Photo
OLD THOMPSON RD Buxton ME 04093 Foreclosures 3 2 $219,900.00 Details
9
6 Photos
KEVIN CIR Buxton ME 04093 Foreclosures 4 1 $141,900.00 Details
10
6 Photos
RIVER RD Buxton ME 04093 Foreclosures - 2 $89,900.00 Details
11 -
0 Photo
HOLLIS RD Hollis Center ME 04042 Foreclosures 2 1 - Details
12 -
0 Photo
HANNA DR East Waterboro ME 04030 Foreclosures 3 1 $118,900.00 Details
13
10 Photos
MAIN ST Waterboro ME 04087 Foreclosures 4 1 $92,900.00 Details
14
9 Photos
POST RD Wells ME 04090 Foreclosures 3 4 $179,900.00 Details
15
12 Photos
OLD PORTLAND RD North Waterboro ME 04061 Foreclosures 2 1 $52,900.00 Details
16 -
0 Photo
BRETON AVE Sanford ME 04073 Foreclosures 3 1 $111,900.00 Details
17
1 Photo
WITHAM ST APT 16 Springvale ME 04083 Foreclosures 2 2 $70,900.00 Details
18 -
0 Photo
PROULX CT Springvale ME 04083 Foreclosures 2 1 $50,900.00 Details
19
14 Photos
PAULS WAY Limington ME 04049 Foreclosures 3 2 $169,900.00 Details
20
3 Photos
HARDSCRABBLE RD Limington ME 04049 Foreclosures 3 1 - Details
About our Listings

How to Buy Saco Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Saco, ME starts with finding listings. By browsing Saco 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 Saco, ME.

>> See more info about how to Buy foreclosures

How to Invest in Saco Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Maine Foreclosure Laws

Foreclosure law

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

Saco Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Saco Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Saco Pre-Foreclosures

Foreclosure

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

Saco Foreclosure Auctions

Foreclosure Auction

Most Saco 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 Saco, 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 Saco, ME. We offer a comprehensive Saco foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Saco, Maine

Find Home Foreclosure Listings in Saco, ME

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

Our Saco Foreclosure Lists

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

You can also search Berwick foreclosure listings and Eliot foreclosure listings for more properties in the neighboring area.



Saco, ME

As of 2011, Saco's population is 18,230 people. Since 2000, it has had a population growth of 8. 30 percent. The median home cost in Saco is $200,400. Home appreciation the last year has been -1. 89 percent. Compared to the rest of the country, Saco's cost of living is 9. 70% Higher than the U. S. average. Saco public schools spend $11,433 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 7 students per teacher in Saco. The unemployment rate in Saco is 6. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Saco jobs have Decreased by 0. 29 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peoplesaco, meUS
Population18,230307,829,557
Pop Density47587
Pop Change8.30%9.34%
Median Age41.136.6
Households7,505116,329,167
Household Size2.382.58
Male Population47.97%49.31%
Female Population52.03%50.69%
Married Population51.79%47.15%
Single Population48.21%52.85%
Estimated Households By Household Incomesaco, meUS
Income Less Than 15k10.77%12.10%
Income Between 15k And 25k10.64%10.18%
Income Between 25k And 35k10.06%10.56%
Income Between 35k And 50k13.08%14.98%
Income Between 50k And 75k22.54%19.53%
Income Between 75k And 100k16.90%12.52%
Income Between 100k And 150k11.31%12.14%
Income Between 150k And 250k2.97%3.91%
Income Between 250k And 500k1.51%3.34%
Income Greater Than 500k0.21%0.75%
Economysaco, meUS
Unemployment Rate6.90%9.10%
Recent Job Growth-0.29%-0.12%
Future Job Growth32.52%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income Per Cap$27,088$27,067
Household Income$55,925$52,954
Housingsaco, meUS
Median Home Age38.135.1
Median Home Cost$200,400$175,100
Home Appreciation-1.89%-3.15%
Homes Owned62.96%59.90%
Housing Vacant8.45%10.37%
Homes Rented28.59%29.73%
Property Tax Rate$13.20$11.20
Owner Occupied Housing Units By Valuesaco, meUS
Less Than 20k0.60%2.65%
20k To 399993.27%3.76%
40k To 599991.48%4.99%
60k To 799991.65%6.01%
80k To 999992.06%7.27%
100k To 14999911.46%19.24%
150k To 19999928.36%14.67%
200k To 29999934.99%18.09%
300k To 3999999.18%9.14%
400k To 4999992.82%4.94%
500k To 7499993.05%5.42%
750k To 9999990.86%2.03%
1kk Or More0.21%1.77%
Educationsaco, meUS
School Expend$11,433$5,678
Pupil Teacher Ratio12.714.9
Students Per Librarian345803
Students Per Counselor517513
2 Yr College Grad9.22%7.47%
4 Yr College Grad18.63%17.42%
Graduate Degrees9.13%10.12%
High School Grads90.04%84.72%
Crimesaco, meUS
Violent Crime24
Property Crime54
Housing Units By Year Structure Builtsaco, meUS
1999 To 200510.55%13.71%
1995 To 19984.67%8.54%
1990 To 19946.95%5.77%
1980 To 198916.55%13.87%
1970 To 197914.39%16.17%
1960 To 19697.59%11.70%
1950 To 19598.18%11.08%
1940 To 19494.74%6.02%
1939 Or Earlier26.38%13.15%

Table Information