Pembroke FORECLOSURE LISTINGS

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

Total: 1
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
5 Photos
LEBANON RD Pembroke VA 24136 Foreclosures 2 1 $46,800.00 Details
About our Listings

How to Buy Pembroke Foreclosures

How to buy foreclosures

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

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How to Invest in Pembroke Foreclosures

How to invest foreclosure

Pembroke 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 Pembroke real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Pembroke 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 Pembroke foreclosure short sales, wait for the right property at the right price.

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Types of Foreclosures in Pembroke

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Pembroke 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 Pembroke, VA. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Pembroke apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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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 Pembroke 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 Pembroke REO properties.

Pembroke Banks Foreclosures

Bank Foreclosure

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

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Pembroke Government Foreclosures

Government Foreclosure

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

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Pembroke Pre-Foreclosures

Foreclosure

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

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Pembroke Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Pembroke, Virginia

Find Home Foreclosure Listings in Pembroke, VA

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

Our Pembroke Foreclosure Lists

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

You can also search Pearisburg foreclosure listings and Narrows foreclosure listings for more properties in the neighboring area.



Pembroke, VA

As of 2011, Pembroke's population is 1,115 people. Since 2000, it has had a population growth of -1. 68 percent. The median home cost in Pembroke is $110,300. Home appreciation the last year has been -0. 51 percent. Compared to the rest of the country, Pembroke's cost of living is 14. 20% Lower than the U. S. average. Pembroke public schools spend $4,924 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 1 students per teacher in Pembroke. The unemployment rate in Pembroke is 7. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Pembroke jobs have Decreased by 3. 44 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplepembroke, vaUS
Population1,115307,829,557
Pop Density99887
Pop Change-1.68%9.34%
Median Age4136.6
Households488116,329,167
Household Size2.32.58
Male Population49.55%49.31%
Female Population50.45%50.69%
Married Population50.81%47.15%
Single Population49.19%52.85%
Estimated Households By Household Incomepembroke, vaUS
Income Less Than 15k13.79%12.10%
Income Between 15k And 25k13.79%10.18%
Income Between 25k And 35k13.37%10.56%
Income Between 35k And 50k16.46%14.98%
Income Between 50k And 75k23.05%19.53%
Income Between 75k And 100k10.91%12.52%
Income Between 100k And 150k5.97%12.14%
Income Between 150k And 250k1.23%3.91%
Income Between 250k And 500k1.03%3.34%
Income Greater Than 500k0.41%0.75%
Economypembroke, vaUS
Unemployment Rate7.90%9.10%
Recent Job Growth-3.44%-0.12%
Future Job Growth25.22%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$23,172$27,067
Household Income$43,463$52,954
Housingpembroke, vaUS
Median Home Age35.735.1
Median Home Cost$110,300$175,100
Home Appreciation-0.51%-3.15%
Homes Owned64.80%59.90%
Housing Vacant14.89%10.37%
Homes Rented20.32%29.73%
Property Tax Rate$7.10$11.20
Owner Occupied Housing Units By Valuepembroke, vaUS
Less Than 20k9.19%2.65%
20k To 399995.14%3.76%
40k To 599997.84%4.99%
60k To 7999911.89%6.01%
80k To 9999913.78%7.27%
100k To 14999930.27%19.24%
150k To 19999911.89%14.67%
200k To 2999997.57%18.09%
300k To 3999991.35%9.14%
400k To 4999990.81%4.94%
500k To 7499990.27%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationpembroke, vaUS
School Expend$4,924$5,678
Pupil Teacher Ratio15.114.9
Students Per Librarian521803
Students Per Counselor434513
2 Yr College Grad5.35%7.47%
4 Yr College Grad5.73%17.42%
Graduate Degrees3.48%10.12%
High School Grads80.31%84.72%
Crimepembroke, vaUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtpembroke, vaUS
1999 To 20056.30%13.71%
1995 To 19989.16%8.54%
1990 To 19946.43%5.77%
1980 To 198913.84%13.87%
1970 To 197922.59%16.17%
1960 To 19699.81%11.70%
1950 To 195911.91%11.08%
1940 To 19497.71%6.02%
1939 Or Earlier12.26%13.15%

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