Salisbury FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Salisbury, MD

Salisbury Home Foreclosure Listing ID: 2167096

Foreclosure

Salisbury, MD - 21804

3 Bd | 1 Ba | $69,549.00

Salisbury Home Foreclosure Listing ID: 2148305

Foreclosure

Salisbury, MD - 21801

3 Bd | 1 Ba | $85,000.00

Salisbury Home Foreclosure Listing ID: 2167090

Foreclosure

Salisbury, MD - 21804

2 Bd | 2 Ba | $95,230.00

Salisbury Home Foreclosure Listing ID: 2148261

Foreclosure

Salisbury, MD - 21804

3 Bd | 1 Ba | $100,000.00

Salisbury Home Foreclosure Listing ID: 2148273

Foreclosure

Salisbury, MD - 21801

4 Bd | 2.1 Ba | $183,000.00

Total: 20
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
RIVERSIDE RD Salisbury MD 21801 Foreclosures 3 2.5 $188,320.00 Details
2
1 Photo
UNION AVE Salisbury MD 21801 Foreclosures 3 1 $85,000.00 Details
3
19 Photos
DELAWARE AVE Salisbury MD 21801 Foreclosures 2 1 $19,900.00 Details
4
5 Photos
OXBRIDGE DR Salisbury MD 21801 Foreclosures 4 2.1 $183,000.00 Details
5
5 Photos
PINE WAY Salisbury MD 21804 Foreclosures 2 1 $27,000.00 Details
6
2 Photos
CHANNEL DR Salisbury MD 21801 Foreclosures 4 2.5 $63,000.00 Details
7
7 Photos
S SARATOGA ST APT B Salisbury MD 21804 Foreclosures 2 2 $95,230.00 Details
8
2 Photos
PHILLIPS AVE Salisbury MD 21804 Foreclosures 2 1 $90,000.00 Details
9
7 Photos
S DIVISION ST Salisbury MD 21804 Foreclosures 4 1.5 $58,850.00 Details
10
8 Photos
MOUNT HERMON CHURCH RD Salisbury MD 21804 Foreclosures 3 1.1 $121,500.00 Details
11
3 Photos
PRISCILLA ST Salisbury MD 21804 Foreclosures 3 1 $47,000.00 Details
12
5 Photos
BROWN ST Salisbury MD 21804 Foreclosures 3 1 $69,549.00 Details
13
4 Photos
MOUNT HERMON RD Salisbury MD 21804 Foreclosures 3 1 $100,000.00 Details
14
15 Photos
E ISABELLA ST Salisbury MD 21801 Foreclosures 4 2 $59,900.00 Details
15
1 Photo
W ISABELLA ST Salisbury MD 21801 Foreclosures - - $60,000.00 Details
16
9 Photos
OUTTEN RD Salisbury MD 21804 Foreclosures 3 2 - Details
17 -
0 Photo
SILOAM RD Salisbury MD 21801 Foreclosures 4 3 $114,900.00 Details
18
2 Photos
LAKE ST Salisbury MD 21801 Foreclosures - - $465,000.00 Details
19
6 Photos
E WILLIAM ST Salisbury MD 21801 Foreclosures 4 1.5 - Details
20 -
0 Photo
WOODCREST AVE Salisbury MD 21804 Auctions - 1 - Details
About our Listings

How to Buy Salisbury Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Salisbury, MD starts with finding listings. By browsing Salisbury 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 Salisbury, MD.

>> See more info about how to Buy foreclosures

How to Invest in Salisbury Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Maryland Foreclosure Laws

Foreclosure law

In the state of Maryland, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Maryland 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 Maryland REO properties.

Salisbury Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Salisbury Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Salisbury Pre-Foreclosures

Foreclosure

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

Salisbury Foreclosure Auctions

Foreclosure Auction

Most Salisbury 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 Salisbury, 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 Salisbury, MD. We offer a comprehensive Salisbury foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Salisbury, Maryland

Find Home Foreclosure Listings in Salisbury, MD

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

Our Salisbury Foreclosure Lists

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

You can also search Delmar foreclosure listings and Bivalve foreclosure listings for more properties in the neighboring area.



Salisbury, MD

As of 2011, Salisbury's population is 29,519 people. Since 2000, it has had a population growth of 24. 42 percent. The median home cost in Salisbury is $165,500. Home appreciation the last year has been -7. 36 percent. Compared to the rest of the country, Salisbury's cost of living is 4. 40% Higher than the U. S. average. Salisbury public schools spend $6,048 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 9 students per teacher in Salisbury. The unemployment rate in Salisbury is 8. 40 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Salisbury jobs have Increased by 3. 28 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peoplesalisbury, mdUS
Population29,519307,829,557
Pop Density2,51187
Pop Change24.42%9.34%
Median Age32.936.6
Households11,204116,329,167
Household Size2.412.58
Male Population47.42%49.31%
Female Population52.58%50.69%
Married Population28.23%47.15%
Single Population71.77%52.85%
Estimated Households By Household Incomesalisbury, mdUS
Income Less Than 15k16.06%12.10%
Income Between 15k And 25k15.43%10.18%
Income Between 25k And 35k14.16%10.56%
Income Between 35k And 50k18.35%14.98%
Income Between 50k And 75k17.37%19.53%
Income Between 75k And 100k8.04%12.52%
Income Between 100k And 150k7.04%12.14%
Income Between 150k And 250k2.06%3.91%
Income Between 250k And 500k1.21%3.34%
Income Greater Than 500k0.27%0.75%
Economysalisbury, mdUS
Unemployment Rate8.40%9.10%
Recent Job Growth3.28%-0.12%
Future Job Growth38.16%31.25%
Sales Taxes6.00%6.80%
Income Taxes7.85%6.25%
Income Per Cap$20,163$27,067
Household Income$38,427$52,954
Housingsalisbury, mdUS
Median Home Age3535.1
Median Home Cost$165,500$175,100
Home Appreciation-7.36%-3.15%
Homes Owned39.11%59.90%
Housing Vacant8.46%10.37%
Homes Rented52.43%29.73%
Property Tax Rate$9.60$11.20
Owner Occupied Housing Units By Valuesalisbury, mdUS
Less Than 20k0.23%2.65%
20k To 399991.01%3.76%
40k To 599991.72%4.99%
60k To 799993.33%6.01%
80k To 999997.02%7.27%
100k To 14999930.91%19.24%
150k To 19999926.32%14.67%
200k To 29999919.34%18.09%
300k To 3999995.89%9.14%
400k To 4999992.49%4.94%
500k To 7499991.26%5.42%
750k To 9999990.23%2.03%
1kk Or More0.25%1.77%
Educationsalisbury, mdUS
School Expend$6,048$5,678
Pupil Teacher Ratio13.914.9
Students Per Librarian577803
Students Per Counselor254513
2 Yr College Grad5.01%7.47%
4 Yr College Grad13.51%17.42%
Graduate Degrees9.71%10.12%
High School Grads81.55%84.72%
Crimesalisbury, mdUS
Violent Crime104
Property Crime104
Housing Units By Year Structure Builtsalisbury, mdUS
1999 To 200524.77%13.71%
1995 To 19983.97%8.54%
1990 To 19943.54%5.77%
1980 To 198911.01%13.87%
1970 To 197913.78%16.17%
1960 To 196910.82%11.70%
1950 To 195913.35%11.08%
1940 To 19496.16%6.02%
1939 Or Earlier12.61%13.15%

Table Information