Grand Bay FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Grand Bay, Alabama.

Featured Foreclosure Listings in Grand Bay, AL

Grand Bay Home Foreclosure Listing ID: 2059523

Foreclosure

Grand Bay, AL - 36541

4 Bd | 2 Ba | $19,000.00

Grand Bay Home Foreclosure Listing ID: 1979348

Foreclosure

Grand Bay, AL - 36541

4 Bd | 2 Ba | $30,000.00

Grand Bay Home Foreclosure Listing ID: 2015461

Foreclosure

Grand Bay, AL - 36541

3 Bd | 2 Ba | $39,900.00

Grand Bay Home Foreclosure Listing ID: 2033396

Foreclosure

Grand Bay, AL - 36541

3 Bd | 2 Ba | $58,900.00

Grand Bay Home Foreclosure Listing ID: 1979391

Foreclosure

Grand Bay, AL - 36541

3 Bd | 2 Ba | $138,000.00

Total: 13
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
NOLEN BLVD Grand Bay AL 36541 Foreclosures 3 2 $103,000.00 Details
2
10 Photos
ELGIN DR S Grand Bay AL 36541 Foreclosures 3 2 $138,000.00 Details
3
6 Photos
IRAS DR Grand Bay AL 36541 Foreclosures 3 2 $25,000.00 Details
4
16 Photos
E QUAIL RIDGE LN Grand Bay AL 36541 Foreclosures 3 2 $58,900.00 Details
5
15 Photos
RAMSEY BLVD Grand Bay AL 36541 Foreclosures 4 2 $30,000.00 Details
6
6 Photos
BENNETT RD E Grand Bay AL 36541 Foreclosures 3 2 $40,000.00 Details
7
1 Photo
GLASS RD Grand Bay AL 36541 Foreclosures 3 2 $39,900.00 Details
8
8 Photos
HALL RD Grand Bay AL 36541 Foreclosures 4 2 $19,000.00 Details
9 -
0 Photo
A TWO MILE RD Grand Bay AL 36541 Foreclosures 4 2 $39,900.00 Details
10 -
0 Photo
HALL RD Grand Bay AL 36541 Foreclosures 4 2 $165,500.00 Details
11 -
0 Photo
GRAND TERRACE CIR S Grand Bay AL 36541 Foreclosures 3 2 $142,500.00 Details
12 -
0 Photo
LARRY LN W Grand Bay AL 36541 Foreclosures 3 2 $75,000.00 Details
13 -
0 Photo
GRAND BAY WILMER RD S Grand Bay AL 36541 Foreclosures - - - Details
About our Listings

How to Buy Grand Bay Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Grand Bay, AL starts with finding listings. By browsing Grand Bay 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 Grand Bay, AL.

>> See more info about how to Buy foreclosures

How to Invest in Grand Bay Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Alabama Foreclosure Laws

Foreclosure law

Alabama 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 Grand Bay 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 Grand Bay REO properties.

Grand Bay Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Grand Bay Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Grand Bay Pre-Foreclosures

Foreclosure

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

Grand Bay Foreclosure Auctions

Foreclosure Auction

Most Grand Bay 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 Grand Bay, 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 Grand Bay, AL. We offer a comprehensive Grand Bay foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Grand Bay, Alabama

Find Home Foreclosure Listings in Grand Bay, AL

Grand Bay 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 Grand Bay, AL 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 Grand Bay Alabama, best affordable foreclosure condo in Grand Bay, cheap apartments for sale, bargain foreclosed homes for sale in Grand Bay, AL and earn huge savings on the homes YOU want to buy!

Our Grand Bay Foreclosure Lists

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

You can also search Dauphin Island foreclosure listings and Irvington foreclosure listings for more properties in the neighboring area.



Grand Bay, AL

As of 2011, Grand Bay's population is 4,052 people. Since 2000, it has had a population growth of 3. 42 percent. The median home cost in Grand Bay is $109,300. Home appreciation the last year has been -6. 91 percent. Compared to the rest of the country, Grand Bay's cost of living is 13. 00% Lower than the U. S. average. Grand Bay public schools spend $4,203 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 1 students per teacher in Grand Bay. The unemployment rate in Grand Bay is 10. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Grand Bay jobs have Increased by 1. 42 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplegrand-bay, alUS
Population4,052307,829,557
Pop Density46387
Pop Change3.42%9.34%
Median Age36.536.6
Households1,447116,329,167
Household Size2.762.58
Male Population49.48%49.31%
Female Population50.52%50.69%
Married Population54.39%47.15%
Single Population45.61%52.85%
Estimated Households By Household Incomegrand-bay, alUS
Income Less Than 15k10.74%12.10%
Income Between 15k And 25k10.32%10.18%
Income Between 25k And 35k15.07%10.56%
Income Between 35k And 50k19.68%14.98%
Income Between 50k And 75k22.78%19.53%
Income Between 75k And 100k13.01%12.52%
Income Between 100k And 150k5.30%12.14%
Income Between 150k And 250k1.65%3.91%
Income Between 250k And 500k1.24%3.34%
Income Greater Than 500k0.21%0.75%
Economygrand-bay, alUS
Unemployment Rate10.00%9.10%
Recent Job Growth1.42%-0.12%
Future Job Growth32.84%31.25%
Sales Taxes5.50%6.80%
Income Taxes5.00%6.25%
Income Per Cap$19,957$27,067
Household Income$45,484$52,954
Housinggrand-bay, alUS
Median Home Age29.735.1
Median Home Cost$109,300$175,100
Home Appreciation-6.91%-3.15%
Homes Owned74.68%59.90%
Housing Vacant7.33%10.37%
Homes Rented17.98%29.73%
Property Tax Rate$3.65$11.20
Owner Occupied Housing Units By Valuegrand-bay, alUS
Less Than 20k5.21%2.65%
20k To 399999.31%3.76%
40k To 599998.28%4.99%
60k To 799998.80%6.01%
80k To 9999912.04%7.27%
100k To 14999936.98%19.24%
150k To 1999999.99%14.67%
200k To 2999994.53%18.09%
300k To 3999991.96%9.14%
400k To 4999991.45%4.94%
500k To 7499990.68%5.42%
750k To 9999990.68%2.03%
1kk Or More0.09%1.77%
Educationgrand-bay, alUS
School Expend$4,203$5,678
Pupil Teacher Ratio16.114.9
Students Per Librarian376803
Students Per Counselor465513
2 Yr College Grad7.90%7.47%
4 Yr College Grad8.43%17.42%
Graduate Degrees1.67%10.12%
High School Grads75.46%84.72%
Crimegrand-bay, alUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtgrand-bay, alUS
1999 To 200510.01%13.71%
1995 To 199813.69%8.54%
1990 To 19949.46%5.77%
1980 To 198916.77%13.87%
1970 To 197920.98%16.17%
1960 To 196914.09%11.70%
1950 To 19597.53%11.08%
1940 To 19492.55%6.02%
1939 Or Earlier4.91%13.15%

Table Information