Gloucester FORECLOSURE LISTINGS

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

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.
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HIGH ST Rockport MA 01966 Foreclosures 2 1.5 $264,900.00 Details
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A DANVIN CT Rockport MA 01966 Foreclosures 1 1 $65,900.00 Details
3
62 Photos
MILL ST Manchester MA 01944 Foreclosures 5 3 $395,898.00 Details
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19 Photos
EASTERN AVE Essex MA 01929 Foreclosures 2 1 $206,800.00 Details
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KINSMAN CT Ipswich MA 01938 Foreclosures 3 1 - Details
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MILES RIVER RD South Hamilton MA 01982 Foreclosures 5 5.5 $793,000.00 Details
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8 Photos
RADCLIFFE RD Beverly MA 01915 Foreclosures 4 2 $249,900.00 Details
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4 Photos
S HARDY ST Beverly MA 01915 Foreclosures 3 1.5 - Details
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DUCK POND RD APT 207 Beverly MA 01915 Foreclosures 2 2 $164,900.00 Details
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ELM ST APT 8 Marblehead MA 01945 Foreclosures 1 1 $108,900.00 Details
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CENTRAL ST APT 2 Marblehead MA 01945 Auctions 1 1 $109,350.00 Details
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2 Photos
CENTRAL ST Rowley MA 01969 Auctions 5 2.5 $315,000.00 Details
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10 Photos
SOUTH ST # 1 Salem MA 01970 Foreclosures 3 1.5 $134,900.00 Details
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LAWRENCE ST UNIT 3 Salem MA 01970 Foreclosures 3 1 $55,000.00 Details
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B NICHOLS ST Salem MA 01970 Foreclosures 2 1 $170,000.00 Details
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ESSEX ST APT 306 Salem MA 01970 Foreclosures 1 1 - Details
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11 Photos
POPE ST Salem MA 01970 Foreclosures 3 2 $133,900.00 Details
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R HOBART ST APT B5 Danvers MA 01923 Auctions 2 1 $121,500.00 Details
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11 Photos
LINDEN RD Peabody MA 01960 Foreclosures 2 1 $249,900.00 Details
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STEVENS ST Peabody MA 01960 Foreclosures 3 2.5 $159,000.00 Details
About our Listings

How to Buy Gloucester Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Gloucester, MA starts with finding listings. By browsing Gloucester 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 Gloucester, MA.

>> See more info about how to Buy foreclosures

How to Invest in Gloucester Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Massachusetts Foreclosure Laws

Foreclosure law

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

Gloucester Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Gloucester Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Gloucester Pre-Foreclosures

Foreclosure

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

Gloucester Foreclosure Auctions

Foreclosure Auction

Most Gloucester 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 Gloucester, 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 Gloucester, MA. We offer a comprehensive Gloucester foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Gloucester, Massachusetts

Find Home Foreclosure Listings in Gloucester, MA

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

Our Gloucester Foreclosure Lists

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

You can also search Andover foreclosure listings and Haverhill foreclosure listings for more properties in the neighboring area.



Gloucester, MA

As of 2011, Gloucester's population is 29,988 people. Since 2000, it has had a population growth of -0. 90 percent. The median home cost in Gloucester is $339,200. Home appreciation the last year has been -0. 55 percent. Compared to the rest of the country, Gloucester's cost of living is 33. 30% Higher than the U. S. average. Gloucester public schools spend $7,753 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 5 students per teacher in Gloucester. The unemployment rate in Gloucester is 10. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Gloucester jobs have Decreased by 0. 84 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplegloucester, maUS
Population29,988307,829,557
Pop Density1,16587
Pop Change-0.90%9.34%
Median Age4336.6
Households12,493116,329,167
Household Size2.342.58
Male Population48.37%49.31%
Female Population51.63%50.69%
Married Population44.80%47.15%
Single Population55.20%52.85%
Estimated Households By Household Incomegloucester, maUS
Income Less Than 15k11.95%12.10%
Income Between 15k And 25k7.28%10.18%
Income Between 25k And 35k7.87%10.56%
Income Between 35k And 50k13.52%14.98%
Income Between 50k And 75k20.37%19.53%
Income Between 75k And 100k15.17%12.52%
Income Between 100k And 150k14.48%12.14%
Income Between 150k And 250k4.93%3.91%
Income Between 250k And 500k3.53%3.34%
Income Greater Than 500k0.90%0.75%
Economygloucester, maUS
Unemployment Rate10.60%9.10%
Recent Job Growth-0.84%-0.12%
Future Job Growth27.72%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income Per Cap$32,675$27,067
Household Income$61,356$52,954
Housinggloucester, maUS
Median Home Age72.735.1
Median Home Cost$339,200$175,100
Home Appreciation-0.55%-3.15%
Homes Owned54.50%59.90%
Housing Vacant12.70%10.37%
Homes Rented32.80%29.73%
Property Tax Rate$11.64$11.20
Owner Occupied Housing Units By Valuegloucester, maUS
Less Than 20k0.00%2.65%
20k To 399990.01%3.76%
40k To 599990.13%4.99%
60k To 799990.77%6.01%
80k To 999990.43%7.27%
100k To 1499993.12%19.24%
150k To 1999998.80%14.67%
200k To 29999931.99%18.09%
300k To 39999922.47%9.14%
400k To 49999910.79%4.94%
500k To 74999913.28%5.42%
750k To 9999993.91%2.03%
1kk Or More4.32%1.77%
Educationgloucester, maUS
School Expend$7,753$5,678
Pupil Teacher Ratio13.514.9
Students Per Librarian3763803
Students Per Counselor470513
2 Yr College Grad9.30%7.47%
4 Yr College Grad20.01%17.42%
Graduate Degrees12.79%10.12%
High School Grads89.28%84.72%
Crimegloucester, maUS
Violent Crime24
Property Crime34
Housing Units By Year Structure Builtgloucester, maUS
1999 To 20055.55%13.71%
1995 To 19983.80%8.54%
1990 To 19942.21%5.77%
1980 To 19897.30%13.87%
1970 To 19797.57%16.17%
1960 To 19697.42%11.70%
1950 To 19598.95%11.08%
1940 To 19494.92%6.02%
1939 Or Earlier52.28%13.15%

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