Ely FORECLOSURE LISTINGS

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

Total: 20
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
1
10 Photos
AMERICUS DR SE Cedar Rapids IA 52403 Foreclosures 4 1.5 $94,900.00 Details
2
11 Photos
C AVE NW Cedar Rapids IA 52405 Foreclosures 2 1 $43,000.00 Details
3
9 Photos
M ST SW Cedar Rapids IA 52404 Foreclosures 2 1 $30,000.00 Details
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15 Photos
LINWOOD ST SW Cedar Rapids IA 52404 Foreclosures 3 1 $66,000.00 Details
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1 Photo
HARBET AVE NW Cedar Rapids IA 52405 Foreclosures 2 1.5 $98,900.00 Details
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10 Photos
1ST ST SW Cedar Rapids IA 52404 Foreclosures 3 1 $66,500.00 Details
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3 Photos
17TH ST NE Cedar Rapids IA 52402 Foreclosures 5 1 $74,900.00 Details
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2ND ST SW Cedar Rapids IA 52404 Foreclosures - - $12,750.00 Details
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2 Photos
ELMHURST DR NE Cedar Rapids IA 52402 Foreclosures - - - Details
10
12 Photos
27TH ST NE Cedar Rapids IA 52402 Foreclosures - - - Details
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1 Photo
4TH ST NW Cedar Rapids IA 52405 Foreclosures 2 2 $81,553.00 Details
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1 Photo
16TH ST SE Cedar Rapids IA 52403 Foreclosures 5 2 $41,900.00 Details
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6 Photos
REDBUD RD NE Cedar Rapids IA 52402 Foreclosures 3 1 $114,900.00 Details
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H AVE NW Cedar Rapids IA 52405 Foreclosures 3 1 $69,900.00 Details
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19TH AVE SW Cedar Rapids IA 52404 Foreclosures 1 1 $49,900.00 Details
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11 Photos
1ST AVE NW Mount Vernon IA 52314 Foreclosures 3 1 $59,900.00 Details
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TRUMAN ST Lisbon IA 52253 Foreclosures 3 1 $79,000.00 Details
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27TH AVE Marion IA 52302 Foreclosures 3 1 $112,000.00 Details
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VALLEY PARK ST Marion IA 52302 Foreclosures - - - Details
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STONE RD Springville IA 52336 Foreclosures 3 1 $119,900.00 Details
About our Listings

How to Buy Ely Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Ely, IA starts with finding listings. By browsing Ely 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 Ely, IA.

>> See more info about how to Buy foreclosures

How to Invest in Ely Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Iowa Foreclosure Laws

Foreclosure law

Iowa 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 Ely 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 Ely REO properties.

Ely Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Ely Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Ely Pre-Foreclosures

Foreclosure

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

Ely Foreclosure Auctions

Foreclosure Auction

Most Ely 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 Ely, 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 Ely, IA. We offer a comprehensive Ely foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Ely, Iowa

Find Home Foreclosure Listings in Ely, IA

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

Our Ely Foreclosure Lists

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

You can also search Lisbon foreclosure listings and Marion foreclosure listings for more properties in the neighboring area.



Ely, IA

As of 2011, Ely's population is 1,490 people. Since 2000, it has had a population growth of 29. 68 percent. The median home cost in Ely is $180,500. Home appreciation the last year has been -0. 86 percent. Compared to the rest of the country, Ely's cost of living is 1. 10% Lower than the U. S. average. Ely public schools spend $4,646 per student. The average school expenditure in the U. S. is $5,678. There are about 14 students per teacher in Ely. The unemployment rate in Ely is 6. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Ely jobs have Increased by 1. 35 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peopleely, iaUS
Population1,490307,829,557
Pop Density1,28787
Pop Change29.68%9.34%
Median Age36.336.6
Households573116,329,167
Household Size2.612.58
Male Population50.43%49.31%
Female Population49.57%50.69%
Married Population59.34%47.15%
Single Population40.66%52.85%
Estimated Households By Household Incomeely, iaUS
Income Less Than 15k8.04%12.10%
Income Between 15k And 25k6.29%10.18%
Income Between 25k And 35k7.52%10.56%
Income Between 35k And 50k9.62%14.98%
Income Between 50k And 75k18.36%19.53%
Income Between 75k And 100k19.76%12.52%
Income Between 100k And 150k22.55%12.14%
Income Between 150k And 250k5.77%3.91%
Income Between 250k And 500k1.92%3.34%
Income Greater Than 500k0.17%0.75%
Economyely, iaUS
Unemployment Rate6.50%9.10%
Recent Job Growth1.35%-0.12%
Future Job Growth36.20%31.25%
Sales Taxes6.00%6.80%
Income Taxes8.98%6.25%
Income Per Cap$30,558$27,067
Household Income$75,003$52,954
Housingely, iaUS
Median Home Age18.135.1
Median Home Cost$180,500$175,100
Home Appreciation-0.86%-3.15%
Homes Owned69.09%59.90%
Housing Vacant7.44%10.37%
Homes Rented23.46%29.73%
Property Tax Rate$14.12$11.20
Owner Occupied Housing Units By Valueely, iaUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.94%4.99%
60k To 799992.34%6.01%
80k To 999996.32%7.27%
100k To 14999929.98%19.24%
150k To 19999926.70%14.67%
200k To 29999921.78%18.09%
300k To 3999995.62%9.14%
400k To 4999992.34%4.94%
500k To 7499992.81%5.42%
750k To 9999990.70%2.03%
1kk Or More0.47%1.77%
Educationely, iaUS
School Expend$4,646$5,678
Pupil Teacher Ratio1414.9
Students Per Librarian393803
Students Per Counselor385513
2 Yr College Grad11.05%7.47%
4 Yr College Grad21.08%17.42%
Graduate Degrees6.44%10.12%
High School Grads92.61%84.72%
Crimeely, iaUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtely, iaUS
1999 To 200528.96%13.71%
1995 To 199815.75%8.54%
1990 To 19949.33%5.77%
1980 To 198910.19%13.87%
1970 To 197913.43%16.17%
1960 To 19695.18%11.70%
1950 To 19596.15%11.08%
1940 To 19490.81%6.02%
1939 Or Earlier10.19%13.15%

Table Information