Commerce FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Commerce, GA

Commerce Home Foreclosure Listing ID: 2091461

Foreclosure

Commerce, GA - 30529

2 Bd | 1 Ba | $24,900.00

Commerce Home Foreclosure Listing ID: 2145557

Foreclosure

Commerce, GA - 30529

3 Bd | 1.1 Ba | $40,000.00

Commerce Home Foreclosure Listing ID: 2044739

Foreclosure

Commerce, GA - 30529

3 Bd | 2.5 Ba | $74,900.00

Commerce Home Foreclosure Listing ID: 2146010

Foreclosure

Commerce, GA - 30529

3 Bd | 2.1 Ba | $90,000.00

Commerce Home Foreclosure Listing ID: 2110437

Foreclosure

Commerce, GA - 30529

4 Bd | 2 Ba | $115,000.00

Total: 12
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
7 Photos
N BOWDEN ST Commerce GA 30529 Foreclosures 3 1.1 $40,000.00 Details
2
22 Photos
PRIME DR Commerce GA 30530 Foreclosures 4 2.5 $174,900.00 Details
3
18 Photos
LAURA LN Commerce GA 30529 Foreclosures 4 2 $115,000.00 Details
4
1 Photo
MOUNT OLIVE RD Commerce GA 30529 Foreclosures 3 2 $79,900.00 Details
5
5 Photos
NORTHWOOD DR Commerce GA 30529 Foreclosures 3 2.1 $90,000.00 Details
6
18 Photos
SWAIN RD Commerce GA 30530 Foreclosures 3 2 $224,500.00 Details
7
2 Photos
KING RD Commerce GA 30529 Foreclosures 2 1 $24,900.00 Details
8
18 Photos
OLD HARDEN ORCHARD RD Commerce GA 30529 Foreclosures 3 2.5 $74,900.00 Details
9
12 Photos
NEAL RD Commerce GA 30530 Foreclosures 4 3 $40,000.00 Details
10
14 Photos
APPLE VALLEY RD Commerce GA 30529 Foreclosures 3 1 $39,900.00 Details
11 -
0 Photo
KENNEDY DR Commerce GA 30530 Foreclosures 3 2 - Details
12
1 Photo
LADD DR Commerce GA 30530 Foreclosures 2 2 - Details
About our Listings

How to Buy Commerce Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Commerce, GA starts with finding listings. By browsing Commerce 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 Commerce, GA.

>> See more info about how to Buy foreclosures

How to Invest in Commerce Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Georgia Foreclosure Laws

Foreclosure law

Georgia 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 Commerce 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 Commerce REO properties.

Commerce Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Commerce Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Commerce Pre-Foreclosures

Foreclosure

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

Commerce Foreclosure Auctions

Foreclosure Auction

Most Commerce 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 Commerce, 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 Commerce, GA. We offer a comprehensive Commerce foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Commerce, Georgia

Find Home Foreclosure Listings in Commerce, GA

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

Our Commerce Foreclosure Lists

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

You can also search Braselton foreclosure listings and Hoschton foreclosure listings for more properties in the neighboring area.



Commerce, GA

As of 2011, Commerce's population is 6,292 people. Since 2000, it has had a population growth of 18. 99 percent. The median home cost in Commerce is $114,700. Home appreciation the last year has been -5. 83 percent. Compared to the rest of the country, Commerce's cost of living is 10. 90% Lower than the U. S. average. Commerce public schools spend $4,740 per student. The average school expenditure in the U. S. is $5,678. There are about 14. 1 students per teacher in Commerce. The unemployment rate in Commerce is 10. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Commerce jobs have Decreased by 0. 82 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplecommerce, gaUS
Population6,292307,829,557
Pop Density77987
Pop Change18.99%9.34%
Median Age36.236.6
Households2,554116,329,167
Household Size2.412.58
Male Population46.98%49.31%
Female Population53.02%50.69%
Married Population43.79%47.15%
Single Population56.21%52.85%
Estimated Households By Household Incomecommerce, gaUS
Income Less Than 15k18.08%12.10%
Income Between 15k And 25k12.72%10.18%
Income Between 25k And 35k13.62%10.56%
Income Between 35k And 50k15.85%14.98%
Income Between 50k And 75k20.58%19.53%
Income Between 75k And 100k6.65%12.52%
Income Between 100k And 150k7.75%12.14%
Income Between 150k And 250k1.41%3.91%
Income Between 250k And 500k2.93%3.34%
Income Greater Than 500k0.43%0.75%
Economycommerce, gaUS
Unemployment Rate10.00%9.10%
Recent Job Growth-0.82%-0.12%
Future Job Growth28.36%31.25%
Sales Taxes7.00%6.80%
Income Taxes6.00%6.25%
Income Per Cap$23,196$27,067
Household Income$40,471$52,954
Housingcommerce, gaUS
Median Home Age34.135.1
Median Home Cost$114,700$175,100
Home Appreciation-5.83%-3.15%
Homes Owned56.29%59.90%
Housing Vacant9.39%10.37%
Homes Rented34.31%29.73%
Property Tax Rate$7.86$11.20
Owner Occupied Housing Units By Valuecommerce, gaUS
Less Than 20k6.80%2.65%
20k To 399994.85%3.76%
40k To 5999910.39%4.99%
60k To 799997.62%6.01%
80k To 9999915.18%7.27%
100k To 14999928.15%19.24%
150k To 1999999.45%14.67%
200k To 29999910.45%18.09%
300k To 3999993.65%9.14%
400k To 4999991.64%4.94%
500k To 7499991.01%5.42%
750k To 9999990.25%2.03%
1kk Or More0.57%1.77%
Educationcommerce, gaUS
School Expend$4,740$5,678
Pupil Teacher Ratio14.114.9
Students Per Librarian251803
Students Per Counselor520513
2 Yr College Grad5.61%7.47%
4 Yr College Grad7.78%17.42%
Graduate Degrees5.42%10.12%
High School Grads74.64%84.72%
Crimecommerce, gaUS
Violent Crime64
Property Crime64
Housing Units By Year Structure Builtcommerce, gaUS
1999 To 200519.50%13.71%
1995 To 19986.63%8.54%
1990 To 19948.19%5.77%
1980 To 19899.57%13.87%
1970 To 197913.82%16.17%
1960 To 196911.13%11.70%
1950 To 19598.12%11.08%
1940 To 194910.35%6.02%
1939 Or Earlier12.69%13.15%

Table Information