Fairmount FORECLOSURE LISTINGS

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

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
11 Photos
CHIMNEY WAY Fairmount GA 30139 Foreclosures 3 2 $82,700.00 Details
2
34 Photos
COVINGTON BRIDGE RD SE Fairmount GA 30139 Foreclosures 3 2 $35,000.00 Details
3
1 Photo
Moss Road Fairmount GA 30139 Foreclosures - - $8,000.00 Details
4
14 Photos
CARLAN RD Fairmount GA 30139 Foreclosures - - - Details
5
7 Photos
B JOHNSON RD SE Fairmount GA 30139 Foreclosures 3 1.5 $30,400.00 Details
6
11 Photos
HENDERSON MOUNTAIN RD Fairmount GA 30139 Foreclosures 3 2 $37,000.00 Details
About our Listings

How to Buy Fairmount Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Fairmount, GA starts with finding listings. By browsing Fairmount 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 Fairmount, GA.

>> See more info about how to Buy foreclosures

How to Invest in Fairmount Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Georgia Foreclosure Laws

Foreclosure law

Georgia 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 Fairmount 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 Fairmount REO properties.

Fairmount Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Fairmount Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Fairmount Pre-Foreclosures

Foreclosure

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

Fairmount Foreclosure Auctions

Foreclosure Auction

Most Fairmount 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 Fairmount, 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 Fairmount, GA. We offer a comprehensive Fairmount foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Fairmount, Georgia

Find Home Foreclosure Listings in Fairmount, GA

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

Our Fairmount Foreclosure Lists

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

You can also search Sugar Valley foreclosure listings and Calhoun foreclosure listings for more properties in the neighboring area.



Fairmount, GA

As of 2011, Fairmount's population is 825 people. Since 2000, it has had a population growth of 10. 74 percent. The median home cost in Fairmount is $100,900. Home appreciation the last year has been -6. 05 percent. Compared to the rest of the country, Fairmount's cost of living is 13. 90% Lower than the U. S. average. Fairmount public schools spend $5,084 per student. The average school expenditure in the U. S. is $5,678. There are about 15 students per teacher in Fairmount. The unemployment rate in Fairmount is 11. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Fairmount jobs have Decreased by 1. 77 percent. Average Commute time is 32 minutes. The National Average is 28 minutes.

Peoplefairmount, gaUS
Population825307,829,557
Pop Density67687
Pop Change10.74%9.34%
Median Age37.936.6
Households329116,329,167
Household Size2.522.58
Male Population49.70%49.31%
Female Population50.30%50.69%
Married Population57.60%47.15%
Single Population42.40%52.85%
Estimated Households By Household Incomefairmount, gaUS
Income Less Than 15k12.73%12.10%
Income Between 15k And 25k13.33%10.18%
Income Between 25k And 35k12.73%10.56%
Income Between 35k And 50k20.91%14.98%
Income Between 50k And 75k24.24%19.53%
Income Between 75k And 100k8.18%12.52%
Income Between 100k And 150k6.66%12.14%
Income Between 150k And 250k0.61%3.91%
Income Between 250k And 500k0.61%3.34%
Income Greater Than 500k0.00%0.75%
Economyfairmount, gaUS
Unemployment Rate11.30%9.10%
Recent Job Growth-1.77%-0.12%
Future Job Growth25.16%31.25%
Sales Taxes7.00%6.80%
Income Taxes6.00%6.25%
Income Per Cap$20,304$27,067
Household Income$42,878$52,954
Housingfairmount, gaUS
Median Home Age25.835.1
Median Home Cost$100,900$175,100
Home Appreciation-6.05%-3.15%
Homes Owned73.08%59.90%
Housing Vacant9.34%10.37%
Homes Rented17.58%29.73%
Property Tax Rate$6.89$11.20
Owner Occupied Housing Units By Valuefairmount, gaUS
Less Than 20k9.77%2.65%
20k To 399998.27%3.76%
40k To 599999.40%4.99%
60k To 7999911.28%6.01%
80k To 9999915.04%7.27%
100k To 14999921.80%19.24%
150k To 19999911.65%14.67%
200k To 2999997.14%18.09%
300k To 3999992.63%9.14%
400k To 4999991.13%4.94%
500k To 7499991.50%5.42%
750k To 9999990.00%2.03%
1kk Or More0.38%1.77%
Educationfairmount, gaUS
School Expend$5,084$5,678
Pupil Teacher Ratio1514.9
Students Per Librarian421803
Students Per Counselor612513
2 Yr College Grad2.69%7.47%
4 Yr College Grad5.03%17.42%
Graduate Degrees2.69%10.12%
High School Grads71.63%84.72%
Crimefairmount, gaUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtfairmount, gaUS
1999 To 200515.38%13.71%
1995 To 19988.71%8.54%
1990 To 199412.99%5.77%
1980 To 198921.70%13.87%
1970 To 197912.91%16.17%
1960 To 196910.71%11.70%
1950 To 19596.04%11.08%
1940 To 19493.02%6.02%
1939 Or Earlier8.52%13.15%

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