Elk River FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Elk River, Minnesota.

Featured Foreclosure Listings in Elk River, MN

Elk River Home Foreclosure Listing ID: 2055441

Foreclosure

Elk River, MN - 55330

2 Bd | 1.5 Ba | $65,900.00

Elk River Home Foreclosure Listing ID: 2055442

Foreclosure

Elk River, MN - 55330

2 Bd | 2 Ba | $99,900.00

Elk River Home Foreclosure Listing ID: 2046186

Foreclosure

Elk River, MN - 55330

2 Bd | 1 Ba | $122,900.00

Elk River Home Foreclosure Listing ID: 2055443

Foreclosure

Elk River, MN - 55330

4 Bd | 2 Ba | $136,400.00

Elk River Home Foreclosure Listing ID: 2052157

Foreclosure

Elk River, MN - 55330

4 Bd | 2.5 Ba | $267,200.00

Total: 26
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
71ST LN NE Elk River MN 55330 Foreclosures 2 2 $48,900.00 Details
2
6 Photos
72ND ST NE Elk River MN 55330 Foreclosures 2 1.5 $65,900.00 Details
3
9 Photos
172ND LN NW Elk River MN 55330 Foreclosures 2 2 $99,900.00 Details
4
10 Photos
PARKINGTON AVE NE Elk River MN 55330 Foreclosures 2 2 $109,900.00 Details
5
12 Photos
172ND AVE NW Elk River MN 55330 Foreclosures 3 2 $99,800.00 Details
6
1 Photo
IVANHOE DR NW Elk River MN 55330 Foreclosures 3 2.5 $104,900.00 Details
7
7 Photos
QUEEN ST NW Elk River MN 55330 Foreclosures 4 2 $136,400.00 Details
8
6 Photos
232ND AVE NW Elk River MN 55330 Foreclosures 2 1 $145,000.00 Details
9
10 Photos
ZANE ST NW Elk River MN 55330 Foreclosures 3 2 $120,450.00 Details
10
13 Photos
XENON ST NW Elk River MN 55330 Foreclosures 2 2.5 $170,000.00 Details
11
13 Photos
156TH ST NW Elk River MN 55330 Foreclosures 5 1 $81,000.00 Details
12
1 Photo
71ST ST NE Elk River MN 55330 Foreclosures 2 2 $62,900.00 Details
13
9 Photos
ODEAN AVE NE Elk River MN 55330 Foreclosures 3 2 $90,000.00 Details
14
8 Photos
DODGE ST NW Elk River MN 55330 Foreclosures 3 1.5 $142,500.00 Details
15
8 Photos
223RD CT NW Elk River MN 55330 Foreclosures 4 2.5 $267,200.00 Details
16
1 Photo
MASON AVE NE Elk River MN 55330 Foreclosures 4 2 $126,500.00 Details
17
8 Photos
6TH ST NW Elk River MN 55330 Foreclosures 3 1 $54,900.00 Details
18
2 Photos
183RD CT NW Elk River MN 55330 Foreclosures 4 4 $299,900.00 Details
19
9 Photos
MASON AVE NE Elk River MN 55330 Foreclosures 2 1 $122,900.00 Details
20
1 Photo
88TH ST NE Elk River MN 55330 Foreclosures 3 1 - Details
About our Listings

How to Buy Elk River Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Elk River, MN starts with finding listings. By browsing Elk River 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 Elk River, MN.

>> See more info about how to Buy foreclosures

How to Invest in Elk River Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Minnesota Foreclosure Laws

Foreclosure law

Minnesota 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 Elk River 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 Elk River REO properties.

Elk River Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Elk River Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Elk River Pre-Foreclosures

Foreclosure

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

Elk River Foreclosure Auctions

Foreclosure Auction

Most Elk River 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 Elk River, 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 Elk River, MN. We offer a comprehensive Elk River foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Elk River, Minnesota

Find Home Foreclosure Listings in Elk River, MN

Elk River 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 Elk River, MN 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 Elk River Minnesota, best affordable foreclosure condo in Elk River, cheap apartments for sale, bargain foreclosed homes for sale in Elk River, MN and earn huge savings on the homes YOU want to buy!

Our Elk River Foreclosure Lists

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

You can also search Clear Lake foreclosure listings and Zimmerman foreclosure listings for more properties in the neighboring area.



Elk River, MN

As of 2011, Elk River's population is 24,164 people. Since 2000, it has had a population growth of 46. 88 percent. The median home cost in Elk River is $218,800. Home appreciation the last year has been -4. 19 percent. Compared to the rest of the country, Elk River's cost of living is 15. 00% Higher than the U. S. average. Elk River public schools spend $5,143 per student. The average school expenditure in the U. S. is $5,678. There are about 21 students per teacher in Elk River. The unemployment rate in Elk River is 8. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Elk River jobs have Decreased by 0. 33 percent. Average Commute time is 30 minutes. The National Average is 28 minutes.

Peopleelk-river, mnUS
Population24,164307,829,557
Pop Density56487
Pop Change46.88%9.34%
Median Age33.136.6
Households8,541116,329,167
Household Size2.782.58
Male Population50.27%49.31%
Female Population49.73%50.69%
Married Population55.93%47.15%
Single Population44.07%52.85%
Estimated Households By Household Incomeelk-river, mnUS
Income Less Than 15k6.86%12.10%
Income Between 15k And 25k7.72%10.18%
Income Between 25k And 35k7.53%10.56%
Income Between 35k And 50k12.54%14.98%
Income Between 50k And 75k19.51%19.53%
Income Between 75k And 100k19.80%12.52%
Income Between 100k And 150k20.22%12.14%
Income Between 150k And 250k3.36%3.91%
Income Between 250k And 500k2.09%3.34%
Income Greater Than 500k0.38%0.75%
Economyelk-river, mnUS
Unemployment Rate8.90%9.10%
Recent Job Growth-0.33%-0.12%
Future Job Growth30.44%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income Per Cap$27,563$27,067
Household Income$69,825$52,954
Housingelk-river, mnUS
Median Home Age16.135.1
Median Home Cost$218,800$175,100
Home Appreciation-4.19%-3.15%
Homes Owned76.34%59.90%
Housing Vacant2.49%10.37%
Homes Rented21.17%29.73%
Property Tax Rate$8.50$11.20
Owner Occupied Housing Units By Valueelk-river, mnUS
Less Than 20k0.00%2.65%
20k To 399990.51%3.76%
40k To 599990.08%4.99%
60k To 799990.18%6.01%
80k To 999990.99%7.27%
100k To 14999914.59%19.24%
150k To 19999928.03%14.67%
200k To 29999941.57%18.09%
300k To 3999999.54%9.14%
400k To 4999992.72%4.94%
500k To 7499991.07%5.42%
750k To 9999990.00%2.03%
1kk Or More0.72%1.77%
Educationelk-river, mnUS
School Expend$5,143$5,678
Pupil Teacher Ratio2114.9
Students Per Librarian534803
Students Per Counselor1001513
2 Yr College Grad11.86%7.47%
4 Yr College Grad21.35%17.42%
Graduate Degrees5.46%10.12%
High School Grads93.44%84.72%
Crimeelk-river, mnUS
Violent Crime24
Property Crime54
Housing Units By Year Structure Builtelk-river, mnUS
1999 To 200535.93%13.71%
1995 To 199816.05%8.54%
1990 To 19948.86%5.77%
1980 To 198918.80%13.87%
1970 To 197910.47%16.17%
1960 To 19693.41%11.70%
1950 To 19592.70%11.08%
1940 To 19490.73%6.02%
1939 Or Earlier3.05%13.15%

Table Information