Lookout Mountain FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Lookout Mountain, Tennessee.

Total: 20
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
1
1 Photo
FOLTS CIR Chattanooga TN 37415 Foreclosures 4 3.5 $280,000.00 Details
2
3 Photos
LAMAR AVE Chattanooga TN 37415 Foreclosures 3 1 $34,900.00 Details
3
9 Photos
BLOSSOM CIR Chattanooga TN 37421 Foreclosures 3 2 $124,900.00 Details
4
22 Photos
DOOLITTLE ST Chattanooga TN 37406 Foreclosures 4 1 $39,900.00 Details
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MEE MEE RD Chattanooga TN 37421 Foreclosures 3 2 $129,900.00 Details
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21 Photos
CITICO AVE Chattanooga TN 37406 Foreclosures 4 2 $16,900.00 Details
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12 Photos
TAYLOR ST Chattanooga TN 37406 Foreclosures 4 2 $16,300.00 Details
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11 Photos
MINK PLACE DR Chattanooga TN 37416 Foreclosures 3 1.5 $39,000.00 Details
9
6 Photos
7TH AVE Chattanooga TN 37407 Foreclosures 3 2 $25,000.00 Details
10
7 Photos
S GREENWOOD AVE Chattanooga TN 37404 Foreclosures 4 2 $49,900.00 Details
11
8 Photos
WHIRLAWAY DR Chattanooga TN 37421 Foreclosures 2 1 $45,000.00 Details
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1 Photo
KNOLLWOOD DR Chattanooga TN 37415 Foreclosures 2 1 $110,000.00 Details
13
3 Photos
N GERMANTOWN RD Chattanooga TN 37411 Foreclosures 3 1 $13,900.00 Details
14
29 Photos
ROYAL DR Chattanooga TN 37421 Foreclosures 5 3 $178,000.00 Details
15
10 Photos
N GERMANTOWN RD Chattanooga TN 37411 Foreclosures 3 1 $24,000.00 Details
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24 Photos
N LOVELL AVE Chattanooga TN 37411 Foreclosures 4 2 $52,000.00 Details
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28 Photos
FRUITLAND DR Chattanooga TN 37412 Foreclosures 3 1.5 $46,000.00 Details
18
2 Photos
LOCKSLEY LN Chattanooga TN 37416 Foreclosures 4 3 $114,900.00 Details
19
28 Photos
10TH AVE Chattanooga TN 37407 Foreclosures 3 1 $17,500.00 Details
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18 Photos
GRAYSVILLE RD Chattanooga TN 37421 Foreclosures 3 1 $79,900.00 Details
About our Listings

How to Buy Lookout Mountain Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Lookout Mountain, TN starts with finding listings. By browsing Lookout Mountain 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 Lookout Mountain, TN.

>> See more info about how to Buy foreclosures

How to Invest in Lookout Mountain Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Tennessee Foreclosure Laws

Foreclosure law

Tennessee real estate foreclosures generally are non-judicial foreclosures, meaning that real estate brokers are allowed to pursue a foreclosure on a homeowner in default without first getting a court approval. Before distressed properties in Tennessee can be sold as foreclosure houses, a lender must issue a Notice of Default and give the homeowner 60 days to pay their debt. After that time, a sale can be scheduled for no less than 21 days in the future. If a home does not sell at auction, the lender takes control of the property; these are known as Tennessee REO properties.

Lookout Mountain Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lookout Mountain Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lookout Mountain Pre-Foreclosures

Foreclosure

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

Lookout Mountain Foreclosure Auctions

Foreclosure Auction

Most Lookout Mountain 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 Lookout Mountain, 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 Lookout Mountain, TN. We offer a comprehensive Lookout Mountain foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lookout Mountain, Tennessee

Find Home Foreclosure Listings in Lookout Mountain, TN

Lookout Mountain 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 Lookout Mountain, TN 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 Lookout Mountain Tennessee, best affordable foreclosure condo in Lookout Mountain, cheap apartments for sale, bargain foreclosed homes for sale in Lookout Mountain, TN and earn huge savings on the homes YOU want to buy!

Our Lookout Mountain Foreclosure Lists

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

You can also search Birchwood foreclosure listings and Harrison foreclosure listings for more properties in the neighboring area.



Lookout Mountain, TN

As of 2011, Lookout Mountain's population is 1,904 people. Since 2000, it has had a population growth of -4. 85 percent. The median home cost in Lookout Mountain is $508,600. Home appreciation the last year has been -1. 91 percent. Compared to the rest of the country, Lookout Mountain's cost of living is 51. 20% Higher than the U. S. average. Lookout Mountain public schools spend $4,982 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 1 students per teacher in Lookout Mountain. The unemployment rate in Lookout Mountain is 8. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Lookout Mountain jobs have Increased by 3. 10 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peoplelookout-mountain, tnUS
Population1,904307,829,557
Pop Density1,46487
Pop Change-4.85%9.34%
Median Age41.636.6
Households743116,329,167
Household Size2.552.58
Male Population48.01%49.31%
Female Population51.99%50.69%
Married Population66.76%47.15%
Single Population33.24%52.85%
Estimated Households By Household Incomelookout-mountain, tnUS
Income Less Than 15k6.33%12.10%
Income Between 15k And 25k2.15%10.18%
Income Between 25k And 35k4.58%10.56%
Income Between 35k And 50k7.67%14.98%
Income Between 50k And 75k11.31%19.53%
Income Between 75k And 100k8.61%12.52%
Income Between 100k And 150k19.65%12.14%
Income Between 150k And 250k9.42%3.91%
Income Between 250k And 500k22.75%3.34%
Income Greater Than 500k7.54%0.75%
Economylookout-mountain, tnUS
Unemployment Rate8.10%9.10%
Recent Job Growth3.10%-0.12%
Future Job Growth38.10%31.25%
Sales Taxes9.25%6.80%
Income Taxes0.00%6.25%
Income Per Cap$65,771$27,067
Household Income$122,682$52,954
Housinglookout-mountain, tnUS
Median Home Age59.435.1
Median Home Cost$508,600$175,100
Home Appreciation-1.91%-3.15%
Homes Owned83.84%59.90%
Housing Vacant6.19%10.37%
Homes Rented9.97%29.73%
Property Tax Rate$9.48$11.20
Owner Occupied Housing Units By Valuelookout-mountain, tnUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.60%4.99%
60k To 799990.15%6.01%
80k To 999990.90%7.27%
100k To 1499994.37%19.24%
150k To 1999993.92%14.67%
200k To 29999912.65%18.09%
300k To 39999912.35%9.14%
400k To 49999915.21%4.94%
500k To 74999922.59%5.42%
750k To 99999913.10%2.03%
1kk Or More14.16%1.77%
Educationlookout-mountain, tnUS
School Expend$4,982$5,678
Pupil Teacher Ratio15.114.9
Students Per Librarian468803
Students Per Counselor481513
2 Yr College Grad2.53%7.47%
4 Yr College Grad51.68%17.42%
Graduate Degrees21.88%10.12%
High School Grads98.82%84.72%
Crimelookout-mountain, tnUS
Violent Crime14
Property Crime14
Housing Units By Year Structure Builtlookout-mountain, tnUS
1999 To 20050.00%13.71%
1995 To 19981.30%8.54%
1990 To 19942.36%5.77%
1980 To 19897.07%13.87%
1970 To 197913.13%16.17%
1960 To 196910.35%11.70%
1950 To 195915.53%11.08%
1940 To 19499.09%6.02%
1939 Or Earlier41.16%13.15%

Table Information