Grimes FORECLOSURE LISTINGS

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

Total: 1
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
18 Photos
NW 13TH ST Grimes IA 50111 Foreclosures 3 3 $229,500.00 Details
About our Listings

How to Buy Grimes Foreclosures

How to buy foreclosures

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

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How to Invest in Grimes Foreclosures

How to invest foreclosure

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

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Types of Foreclosures in Grimes

Foreclosure home

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

Grimes Banks Foreclosures

Bank Foreclosure

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

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Grimes Government Foreclosures

Government Foreclosure

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

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Grimes Pre-Foreclosures

Foreclosure

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

Foreclosure Auction

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

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Top Zip Codes in Grimes, Iowa

Find Home Foreclosure Listings in Grimes, IA

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

Our Grimes Foreclosure Lists

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

You can also search Ankeny foreclosure listings and Johnston foreclosure listings for more properties in the neighboring area.



Grimes, IA

As of 2011, Grimes's population is 7,606 people. Since 2000, it has had a population growth of 49. 28 percent. The median home cost in Grimes is $173,900. Home appreciation the last year has been -0. 26 percent. Compared to the rest of the country, Grimes's cost of living is 5. 80% Lower than the U. S. average. Grimes public schools spend $4,534 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 3 students per teacher in Grimes. The unemployment rate in Grimes is 6. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Grimes jobs have Increased by 0. 36 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peoplegrimes, iaUS
Population7,606307,829,557
Pop Density79387
Pop Change49.28%9.34%
Median Age32.136.6
Households2,795116,329,167
Household Size2.722.58
Male Population48.47%49.31%
Female Population51.53%50.69%
Married Population62.37%47.15%
Single Population37.63%52.85%
Estimated Households By Household Incomegrimes, iaUS
Income Less Than 15k6.84%12.10%
Income Between 15k And 25k3.89%10.18%
Income Between 25k And 35k6.77%10.56%
Income Between 35k And 50k15.37%14.98%
Income Between 50k And 75k19.07%19.53%
Income Between 75k And 100k17.36%12.52%
Income Between 100k And 150k23.71%12.14%
Income Between 150k And 250k5.60%3.91%
Income Between 250k And 500k1.21%3.34%
Income Greater Than 500k0.18%0.75%
Economygrimes, iaUS
Unemployment Rate6.70%9.10%
Recent Job Growth0.36%-0.12%
Future Job Growth34.02%31.25%
Sales Taxes6.00%6.80%
Income Taxes8.98%6.25%
Income Per Cap$29,620$27,067
Household Income$72,663$52,954
Housinggrimes, iaUS
Median Home Age1235.1
Median Home Cost$173,900$175,100
Home Appreciation-0.26%-3.15%
Homes Owned78.86%59.90%
Housing Vacant4.07%10.37%
Homes Rented17.07%29.73%
Property Tax Rate$16.13$11.20
Owner Occupied Housing Units By Valuegrimes, iaUS
Less Than 20k0.00%2.65%
20k To 399991.00%3.76%
40k To 599995.20%4.99%
60k To 799995.59%6.01%
80k To 999998.37%7.27%
100k To 14999920.73%19.24%
150k To 19999931.66%14.67%
200k To 29999925.28%18.09%
300k To 3999991.69%9.14%
400k To 4999990.04%4.94%
500k To 7499990.26%5.42%
750k To 9999990.17%2.03%
1kk Or More0.00%1.77%
Educationgrimes, iaUS
School Expend$4,534$5,678
Pupil Teacher Ratio15.314.9
Students Per Librarian485803
Students Per Counselor426513
2 Yr College Grad16.23%7.47%
4 Yr College Grad26.84%17.42%
Graduate Degrees7.33%10.12%
High School Grads97.14%84.72%
Crimegrimes, iaUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtgrimes, iaUS
1999 To 200545.35%13.71%
1995 To 199818.03%8.54%
1990 To 199410.01%5.77%
1980 To 19899.61%13.87%
1970 To 19798.62%16.17%
1960 To 19693.11%11.70%
1950 To 19590.92%11.08%
1940 To 19490.79%6.02%
1939 Or Earlier3.56%13.15%

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