Lynchburg FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Lynchburg, VA

Lynchburg Home Foreclosure Listing ID: 1556358

Home Auction

Lynchburg, VA - 24502

4 Bd | 2 Ba | $118,000.00

Lynchburg Home Foreclosure Listing ID: 2126328

Foreclosure

Lynchburg, VA - 24502

3 Bd | 2 Ba | $127,000.00

Lynchburg Home Foreclosure Listing ID: 2101957

Foreclosure

Lynchburg, VA - 24501

4 Bd | 3.5 Ba | $149,900.00

Lynchburg Home Foreclosure Listing ID: 1770383

Foreclosure

Lynchburg, VA - 24503

3 Bd | 2 Ba | $154,000.00

Lynchburg Home Foreclosure Listing ID: 2163440

Foreclosure

Lynchburg, VA - 24502

4 Bd | 3 Ba | $164,900.00

Total: 14
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
LESLIE ST Lynchburg VA 24501 Foreclosures 4 3.5 $149,900.00 Details
2
6 Photos
OLD FARM RD Lynchburg VA 24503 Foreclosures 3 2 $154,000.00 Details
3
20 Photos
TEMPLE CIR Lynchburg VA 24502 Foreclosures 4 3 $164,900.00 Details
4
3 Photos
MADISON ST Lynchburg VA 24504 Foreclosures 4 3.5 $220,000.00 Details
5
6 Photos
LEESVILLE RD Lynchburg VA 24502 Auctions 4 2 $118,000.00 Details
6
5 Photos
WEXFORD PL Lynchburg VA 24502 Foreclosures 3 2 $127,000.00 Details
7
5 Photos
ALABAMA AVE Lynchburg VA 24502 Foreclosures 3 2 $87,900.00 Details
8 -
0 Photo
POPLAR ST Lynchburg VA 24504 Foreclosures 3 1 $35,500.00 Details
9
12 Photos
RIVERMONT AVE APT 6 Lynchburg VA 24503 Foreclosures 2 2 $94,900.00 Details
10 -
0 Photo
MEADOWBROOK RD Lynchburg VA 24502 Foreclosures 3 2 $144,900.00 Details
11
2 Photos
FLORIDA AVE Lynchburg VA 24501 Foreclosures 3 2.5 $79,000.00 Details
12 -
0 Photo
LAXTON RD Lynchburg VA 24502 Foreclosures 3 2 $114,900.00 Details
13
8 Photos
SUSSEX ST Lynchburg VA 24502 Auctions - 2.5 $115,000.00 Details
14 -
0 Photo
TOLEDO AVE Lynchburg VA 24502 Auctions - 1 - Details
About our Listings

How to Buy Lynchburg Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Lynchburg, VA starts with finding listings. By browsing Lynchburg 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 Lynchburg, VA.

>> See more info about how to Buy foreclosures

How to Invest in Lynchburg Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Virginia Foreclosure Laws

Foreclosure law

Virginia 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 Lynchburg 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 Lynchburg REO properties.

Lynchburg Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lynchburg Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lynchburg Pre-Foreclosures

Foreclosure

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

Lynchburg Foreclosure Auctions

Foreclosure Auction

Most Lynchburg 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 Lynchburg, 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 Lynchburg, VA. We offer a comprehensive Lynchburg foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lynchburg, Virginia

Find Home Foreclosure Listings in Lynchburg, VA

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

Our Lynchburg Foreclosure Lists

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



Lynchburg, VA

As of 2011, Lynchburg's population is 73,103 people. Since 2000, it has had a population growth of 11. 94 percent. The median home cost in Lynchburg is $133,700. Home appreciation the last year has been -1. 55 percent. Compared to the rest of the country, Lynchburg's cost of living is 9. 70% Lower than the U. S. average. Lynchburg public schools spend $5,469 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 2 students per teacher in Lynchburg. The unemployment rate in Lynchburg is 7. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Lynchburg jobs have Increased by 3. 28 percent. Average Commute time is 19 minutes. The National Average is 28 minutes.

Peoplelynchburg, vaUS
Population73,103307,829,557
Pop Density1,45587
Pop Change11.94%9.34%
Median Age32.536.6
Households27,032116,329,167
Household Size2.32.58
Male Population45.76%49.31%
Female Population54.24%50.69%
Married Population37.81%47.15%
Single Population62.19%52.85%
Estimated Households By Household Incomelynchburg, vaUS
Income Less Than 15k18.29%12.10%
Income Between 15k And 25k14.40%10.18%
Income Between 25k And 35k12.73%10.56%
Income Between 35k And 50k16.79%14.98%
Income Between 50k And 75k17.17%19.53%
Income Between 75k And 100k8.81%12.52%
Income Between 100k And 150k7.71%12.14%
Income Between 150k And 250k1.76%3.91%
Income Between 250k And 500k1.86%3.34%
Income Greater Than 500k0.49%0.75%
Economylynchburg, vaUS
Unemployment Rate7.40%9.10%
Recent Job Growth3.28%-0.12%
Future Job Growth39.16%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$20,947$27,067
Household Income$39,066$52,954
Housinglynchburg, vaUS
Median Home Age45.335.1
Median Home Cost$133,700$175,100
Home Appreciation-1.55%-3.15%
Homes Owned52.50%59.90%
Housing Vacant9.35%10.37%
Homes Rented38.15%29.73%
Property Tax Rate$9.70$11.20
Owner Occupied Housing Units By Valuelynchburg, vaUS
Less Than 20k2.65%2.65%
20k To 399993.19%3.76%
40k To 599995.14%4.99%
60k To 799997.82%6.01%
80k To 9999910.63%7.27%
100k To 14999930.30%19.24%
150k To 19999917.57%14.67%
200k To 29999913.22%18.09%
300k To 3999994.89%9.14%
400k To 4999992.05%4.94%
500k To 7499991.77%5.42%
750k To 9999990.55%2.03%
1kk Or More0.22%1.77%
Educationlynchburg, vaUS
School Expend$5,469$5,678
Pupil Teacher Ratio12.214.9
Students Per Librarian207803
Students Per Counselor329513
2 Yr College Grad5.66%7.47%
4 Yr College Grad16.56%17.42%
Graduate Degrees10.69%10.12%
High School Grads83.83%84.72%
Crimelynchburg, vaUS
Violent Crime64
Property Crime54
Housing Units By Year Structure Builtlynchburg, vaUS
1999 To 20059.62%13.71%
1995 To 19982.46%8.54%
1990 To 19943.93%5.77%
1980 To 198910.18%13.87%
1970 To 197915.60%16.17%
1960 To 196915.31%11.70%
1950 To 195914.40%11.08%
1940 To 19498.90%6.02%
1939 Or Earlier19.61%13.15%

Table Information