Bangor FORECLOSURE LISTINGS

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

Total: 10
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
15 Photos
FRUIT ST Bangor ME 04401 Foreclosures 3 1.5 $47,900.00 Details
2
10 Photos
RIVERBEND DR Bangor ME 04401 Foreclosures 3 2.5 $243,402.00 Details
3
1 Photo
COURT ST # 86 Bangor ME 04401 Foreclosures - - $59,900.00 Details
4
9 Photos
FRUIT ST Bangor ME 04401 Foreclosures 3 2 - Details
5
2 Photos
BIRCH ST Bangor ME 04401 Foreclosures 2 1 - Details
6
1 Photo
HERITAGE LN Bangor ME 04401 Foreclosures 4 6 - Details
7 -
0 Photo
ESSEX ST Bangor ME 04401 Foreclosures 4 2.5 $179,900.00 Details
8
6 Photos
CHASE RD Bangor ME 04401 Foreclosures 3 2 $175,000.00 Details
9
1 Photo
DILLINGHAM ST Bangor ME 04401 Foreclosures 2 1 $21,500.00 Details
10 -
0 Photo
BLUE HL W Bangor ME 04401 Foreclosures 3 2 - Details
About our Listings

How to Buy Bangor Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Bangor Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Bangor Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Bangor Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Bangor Pre-Foreclosures

Foreclosure

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

Bangor Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Bangor, Maine

Find Home Foreclosure Listings in Bangor, ME

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

Our Bangor Foreclosure Lists

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

You can also search Plymouth foreclosure listings and Bradley foreclosure listings for more properties in the neighboring area.



Bangor, ME

As of 2011, Bangor's population is 32,004 people. Since 2000, it has had a population growth of 1. 62 percent. The median home cost in Bangor is $131,900. Home appreciation the last year has been 2. 57 percent. Compared to the rest of the country, Bangor's cost of living is 2. 20% Lower than the U. S. average. Bangor public schools spend $6,977 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 1 students per teacher in Bangor. The unemployment rate in Bangor is 7. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Bangor jobs have Decreased by 0. 70 percent. Average Commute time is 18 minutes. The National Average is 28 minutes.

Peoplebangor, meUS
Population32,004307,829,557
Pop Density93387
Pop Change1.62%9.34%
Median Age39.436.6
Households14,414116,329,167
Household Size2.042.58
Male Population47.64%49.31%
Female Population52.36%50.69%
Married Population37.29%47.15%
Single Population62.71%52.85%
Estimated Households By Household Incomebangor, meUS
Income Less Than 15k21.55%12.10%
Income Between 15k And 25k13.94%10.18%
Income Between 25k And 35k14.88%10.56%
Income Between 35k And 50k15.57%14.98%
Income Between 50k And 75k15.40%19.53%
Income Between 75k And 100k7.96%12.52%
Income Between 100k And 150k6.92%12.14%
Income Between 150k And 250k1.72%3.91%
Income Between 250k And 500k1.81%3.34%
Income Greater Than 500k0.24%0.75%
Economybangor, meUS
Unemployment Rate7.60%9.10%
Recent Job Growth-0.70%-0.12%
Future Job Growth31.00%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income Per Cap$23,319$27,067
Household Income$34,662$52,954
Housingbangor, meUS
Median Home Age55.935.1
Median Home Cost$131,900$175,100
Home Appreciation2.57%-3.15%
Homes Owned43.27%59.90%
Housing Vacant5.99%10.37%
Homes Rented50.75%29.73%
Property Tax Rate$14.77$11.20
Owner Occupied Housing Units By Valuebangor, meUS
Less Than 20k1.38%2.65%
20k To 399995.29%3.76%
40k To 599994.42%4.99%
60k To 799994.57%6.01%
80k To 9999910.60%7.27%
100k To 14999939.37%19.24%
150k To 19999916.81%14.67%
200k To 29999912.62%18.09%
300k To 3999992.62%9.14%
400k To 4999991.52%4.94%
500k To 7499990.63%5.42%
750k To 9999990.12%2.03%
1kk Or More0.05%1.77%
Educationbangor, meUS
School Expend$6,977$5,678
Pupil Teacher Ratio12.114.9
Students Per Librarian309803
Students Per Counselor300513
2 Yr College Grad10.30%7.47%
4 Yr College Grad17.81%17.42%
Graduate Degrees10.14%10.12%
High School Grads89.89%84.72%
Crimebangor, meUS
Violent Crime34
Property Crime84
Housing Units By Year Structure Builtbangor, meUS
1999 To 20058.69%13.71%
1995 To 19982.55%8.54%
1990 To 19943.57%5.77%
1980 To 198910.82%13.87%
1970 To 197910.50%16.17%
1960 To 19696.88%11.70%
1950 To 195910.77%11.08%
1940 To 19494.09%6.02%
1939 Or Earlier42.13%13.15%

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