South Hill FORECLOSURE LISTINGS

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

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BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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9 Photos
FAIRVIEW AVE South Hill VA 23970 Foreclosures 2 1 $54,900.00 Details
About our Listings

How to Buy South Hill Foreclosures

How to buy foreclosures

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

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How to Invest in South Hill Foreclosures

How to invest foreclosure

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

Foreclosure home

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

South Hill Banks Foreclosures

Bank Foreclosure

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

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South Hill Government Foreclosures

Government Foreclosure

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

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South Hill Pre-Foreclosures

Foreclosure

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

South Hill Foreclosure Auctions

Foreclosure Auction

Most South Hill 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 South Hill, 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 South Hill, VA. We offer a comprehensive South Hill foreclosure auction listings.

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Top Zip Codes in South Hill, Virginia

Find Home Foreclosure Listings in South Hill, VA

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

Our South Hill Foreclosure Lists

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

You can also search La Crosse foreclosure listings and Boydton foreclosure listings for more properties in the neighboring area.



South Hill, VA

As of 2011, South Hill's population is 4,455 people. Since 2000, it has had a population growth of 1. 18 percent. The median home cost in South Hill is $115,300. Home appreciation the last year has been -2. 74 percent. Compared to the rest of the country, South Hill's cost of living is 11. 60% Lower than the U. S. average. South Hill public schools spend $4,949 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 5 students per teacher in South Hill. The unemployment rate in South Hill is 10. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. South Hill jobs have Increased by 0. 33 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peoplesouth-hill, vaUS
Population4,455307,829,557
Pop Density70587
Pop Change1.18%9.34%
Median Age41.836.6
Households1,865116,329,167
Household Size2.32.58
Male Population44.45%49.31%
Female Population55.55%50.69%
Married Population38.54%47.15%
Single Population61.46%52.85%
Estimated Households By Household Incomesouth-hill, vaUS
Income Less Than 15k21.82%12.10%
Income Between 15k And 25k14.87%10.18%
Income Between 25k And 35k12.28%10.56%
Income Between 35k And 50k21.07%14.98%
Income Between 50k And 75k13.42%19.53%
Income Between 75k And 100k7.38%12.52%
Income Between 100k And 150k5.66%12.14%
Income Between 150k And 250k0.59%3.91%
Income Between 250k And 500k2.26%3.34%
Income Greater Than 500k0.65%0.75%
Economysouth-hill, vaUS
Unemployment Rate10.10%9.10%
Recent Job Growth0.33%-0.12%
Future Job Growth30.56%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.75%6.25%
Income Per Cap$21,661$27,067
Household Income$35,847$52,954
Housingsouth-hill, vaUS
Median Home Age36.935.1
Median Home Cost$115,300$175,100
Home Appreciation-2.74%-3.15%
Homes Owned51.79%59.90%
Housing Vacant9.99%10.37%
Homes Rented38.22%29.73%
Property Tax Rate$4.29$11.20
Owner Occupied Housing Units By Valuesouth-hill, vaUS
Less Than 20k4.31%2.65%
20k To 399994.68%3.76%
40k To 5999911.42%4.99%
60k To 799999.64%6.01%
80k To 9999911.33%7.27%
100k To 14999924.44%19.24%
150k To 19999915.92%14.67%
200k To 29999911.14%18.09%
300k To 3999994.68%9.14%
400k To 4999991.40%4.94%
500k To 7499991.03%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationsouth-hill, vaUS
School Expend$4,949$5,678
Pupil Teacher Ratio11.514.9
Students Per Librarian258803
Students Per Counselor182513
2 Yr College Grad7.93%7.47%
4 Yr College Grad12.54%17.42%
Graduate Degrees4.50%10.12%
High School Grads78.64%84.72%
Crimesouth-hill, vaUS
Violent Crime44
Property Crime64
Housing Units By Year Structure Builtsouth-hill, vaUS
1999 To 200512.66%13.71%
1995 To 19984.60%8.54%
1990 To 19944.91%5.77%
1980 To 198916.68%13.87%
1970 To 197917.12%16.17%
1960 To 196911.78%11.70%
1950 To 195915.76%11.08%
1940 To 19494.75%6.02%
1939 Or Earlier11.74%13.15%

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