Drakesville FORECLOSURE LISTINGS

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

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HIGHWAY 2 Pulaski IA 52584 Foreclosures 4 1 $29,900.00 Details
About our Listings

How to Buy Drakesville Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Drakesville, IA starts with finding listings. By browsing Drakesville 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 Drakesville, IA.

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How to Invest in Drakesville Foreclosures

How to invest foreclosure

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

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Types of Foreclosures in Drakesville

Foreclosure home

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

Foreclosure law

Iowa 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 Drakesville 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 Drakesville REO properties.

Drakesville Banks Foreclosures

Bank Foreclosure

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

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Drakesville Government Foreclosures

Government Foreclosure

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

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Drakesville Pre-Foreclosures

Foreclosure

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

Foreclosure Auction

Most Drakesville 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 Drakesville, 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 Drakesville, IA. We offer a comprehensive Drakesville foreclosure auction listings.

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Top Zip Codes in Drakesville, Iowa

Find Home Foreclosure Listings in Drakesville, IA

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

Our Drakesville Foreclosure Lists

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



Drakesville, IA

As of 2011, Drakesville's population is 178 people. Since 2000, it has had a population growth of -3. 78 percent. The median home cost in Drakesville is $80,700. Home appreciation the last year has been 1. 85 percent. Compared to the rest of the country, Drakesville's cost of living is 17. 70% Lower than the U. S. average. Drakesville public schools spend $4,998 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 9 students per teacher in Drakesville. The unemployment rate in Drakesville is 8. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Drakesville jobs have Decreased by 1. 41 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peopledrakesville, iaUS
Population178307,829,557
Pop Density69887
Pop Change-3.78%9.34%
Median Age4036.6
Households62116,329,167
Household Size2.712.58
Male Population46.63%49.31%
Female Population53.37%50.69%
Married Population53.68%47.15%
Single Population46.32%52.85%
Estimated Households By Household Incomedrakesville, iaUS
Income Less Than 15k11.29%12.10%
Income Between 15k And 25k17.74%10.18%
Income Between 25k And 35k14.52%10.56%
Income Between 35k And 50k16.13%14.98%
Income Between 50k And 75k20.97%19.53%
Income Between 75k And 100k9.68%12.52%
Income Between 100k And 150k8.06%12.14%
Income Between 150k And 250k0.00%3.91%
Income Between 250k And 500k1.61%3.34%
Income Greater Than 500k0.00%0.75%
Economydrakesville, iaUS
Unemployment Rate8.00%9.10%
Recent Job Growth-1.41%-0.12%
Future Job Growth29.18%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.98%6.25%
Income Per Cap$18,158$27,067
Household Income$41,068$52,954
Housingdrakesville, iaUS
Median Home Age5535.1
Median Home Cost$80,700$175,100
Home Appreciation1.85%-3.15%
Homes Owned76.47%59.90%
Housing Vacant8.82%10.37%
Homes Rented14.71%29.73%
Property Tax Rate$15.58$11.20
Owner Occupied Housing Units By Valuedrakesville, iaUS
Less Than 20k7.69%2.65%
20k To 399999.62%3.76%
40k To 5999911.54%4.99%
60k To 7999921.15%6.01%
80k To 9999921.15%7.27%
100k To 14999915.38%19.24%
150k To 1999993.85%14.67%
200k To 2999995.77%18.09%
300k To 3999991.92%9.14%
400k To 4999991.92%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationdrakesville, iaUS
School Expend$4,998$5,678
Pupil Teacher Ratio13.914.9
Students Per Librarian439803
Students Per Counselor615513
2 Yr College Grad8.55%7.47%
4 Yr College Grad10.26%17.42%
Graduate Degrees4.27%10.12%
High School Grads82.91%84.72%
Crimedrakesville, iaUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtdrakesville, iaUS
1999 To 20051.47%13.71%
1995 To 19983.80%8.54%
1990 To 19945.02%5.77%
1980 To 19898.82%13.87%
1970 To 197919.12%16.17%
1960 To 19697.35%11.70%
1950 To 19598.82%11.08%
1940 To 19497.35%6.02%
1939 Or Earlier38.24%13.15%

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