Niantic FORECLOSURE LISTINGS

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

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BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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SAUNDERS DR Niantic CT 06357 Foreclosures 2 2 $459,900.00 Details
About our Listings

How to Buy Niantic Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Niantic, CT starts with finding listings. By browsing Niantic 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 Niantic, CT.

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How to Invest in Niantic Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Foreclosure law

In the state of Connecticut, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Connecticut are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Connecticut REO properties.

Niantic Banks Foreclosures

Bank Foreclosure

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

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Niantic Government Foreclosures

Government Foreclosure

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

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Niantic Pre-Foreclosures

Foreclosure

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

Foreclosure Auction

Most Niantic 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 Niantic, 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 Niantic, CT. We offer a comprehensive Niantic foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Niantic, Connecticut

Find Home Foreclosure Listings in Niantic, CT

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

Our Niantic Foreclosure Lists

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

You can also search Jewett City foreclosure listings and Norwich foreclosure listings for more properties in the neighboring area.



Niantic, CT

As of 2011, Niantic's population is 3,188 people. Since 2000, it has had a population growth of 3. 41 percent. The median home cost in Niantic is $283,600. Home appreciation the last year has been -3. 06 percent. Compared to the rest of the country, Niantic's cost of living is 31. 70% Higher than the U. S. average. Niantic public schools spend $7,770 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 5 students per teacher in Niantic. The unemployment rate in Niantic is 9. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Niantic jobs have Decreased by 1. 66 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peopleniantic, ctUS
Population3,188307,829,557
Pop Density2,10187
Pop Change3.41%9.34%
Median Age44.536.6
Households1,434116,329,167
Household Size2.222.58
Male Population47.66%49.31%
Female Population52.34%50.69%
Married Population55.15%47.15%
Single Population44.85%52.85%
Estimated Households By Household Incomeniantic, ctUS
Income Less Than 15k5.87%12.10%
Income Between 15k And 25k7.06%10.18%
Income Between 25k And 35k8.11%10.56%
Income Between 35k And 50k11.88%14.98%
Income Between 50k And 75k16.42%19.53%
Income Between 75k And 100k22.01%12.52%
Income Between 100k And 150k17.26%12.14%
Income Between 150k And 250k6.57%3.91%
Income Between 250k And 500k3.56%3.34%
Income Greater Than 500k1.26%0.75%
Economyniantic, ctUS
Unemployment Rate9.00%9.10%
Recent Job Growth-1.66%-0.12%
Future Job Growth27.68%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.00%6.25%
Income Per Cap$39,874$27,067
Household Income$75,388$52,954
Housingniantic, ctUS
Median Home Age52.135.1
Median Home Cost$283,600$175,100
Home Appreciation-3.06%-3.15%
Homes Owned53.53%59.90%
Housing Vacant26.20%10.37%
Homes Rented20.27%29.73%
Property Tax Rate$15.98$11.20
Owner Occupied Housing Units By Valueniantic, ctUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.00%4.99%
60k To 799990.00%6.01%
80k To 999990.96%7.27%
100k To 1499992.79%19.24%
150k To 19999918.98%14.67%
200k To 29999938.82%18.09%
300k To 39999919.27%9.14%
400k To 4999998.48%4.94%
500k To 7499997.90%5.42%
750k To 9999992.31%2.03%
1kk Or More0.48%1.77%
Educationniantic, ctUS
School Expend$7,770$5,678
Pupil Teacher Ratio14.514.9
Students Per Librarian345803
Students Per Counselor412513
2 Yr College Grad8.17%7.47%
4 Yr College Grad23.66%17.42%
Graduate Degrees18.66%10.12%
High School Grads94.95%84.72%
Crimeniantic, ctUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtniantic, ctUS
1999 To 200511.09%13.71%
1995 To 19982.44%8.54%
1990 To 19944.26%5.77%
1980 To 19896.14%13.87%
1970 To 197911.29%16.17%
1960 To 196910.93%11.70%
1950 To 195918.72%11.08%
1940 To 194910.52%6.02%
1939 Or Earlier24.60%13.15%

Table Information