La Follette FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in La Follette, Tennessee.

Featured Foreclosure Listings in La Follette, TN

La Follette Home Foreclosure Listing ID: 1770337

Foreclosure

La Follette, TN - 37766

4 Bd | 2 Ba | $38,900.00

La Follette Home Foreclosure Listing ID: 1920666

Foreclosure

La Follette, TN - 37766

3 Bd | 2 Ba | $66,000.00

La Follette Home Foreclosure Listing ID: 1991832

Foreclosure

La Follette, TN - 37766

3 Bd | 2 Ba | $83,000.00

La Follette Home Foreclosure Listing ID: 2014297

Foreclosure

La Follette, TN - 37766

3 Bd | 1 Ba | $89,900.00

La Follette Home Foreclosure Listing ID: 2020144

Foreclosure

La Follette, TN - 37766

4 Bd | 3 Ba | $94,900.00

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
5 Photos
KILGORE CIR La Follette TN 37766 Foreclosures 3 2 $83,000.00 Details
2
7 Photos
LAKE BROOK LN La Follette TN 37766 Foreclosures 3 2 $66,000.00 Details
3
1 Photo
CEDAR CREEK RD La Follette TN 37766 Foreclosures 3 1 $89,900.00 Details
4
3 Photos
W ASH ST La Follette TN 37766 Foreclosures 4 2 $38,900.00 Details
5
12 Photos
S 12TH ST La Follette TN 37766 Foreclosures 3 1 $9,900.00 Details
6
12 Photos
REGAN LN La Follette TN 37766 Foreclosures 4 3 $94,900.00 Details
7
2 Photos
PLEASANT DR La Follette TN 37766 Auctions 2 1 - Details
8
5 Photos
ALDER SPRINGS RD La Follette TN 37766 Foreclosures 2 2 $159,900.00 Details
About our Listings

How to Buy La Follette Foreclosures

How to buy foreclosures

Buying real estate foreclosures in La Follette, TN starts with finding listings. By browsing La Follette 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 La Follette, TN.

>> See more info about how to Buy foreclosures

How to Invest in La Follette Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Tennessee Foreclosure Laws

Foreclosure law

Tennessee real estate foreclosures generally are non-judicial foreclosures, meaning that real estate brokers are allowed to pursue a foreclosure on a homeowner in default without first getting a court approval. Before distressed properties in Tennessee can be sold as foreclosure houses, a lender must issue a Notice of Default and give the homeowner 60 days to pay their debt. After that time, a sale can be scheduled for no less than 21 days in the future. If a home does not sell at auction, the lender takes control of the property; these are known as Tennessee REO properties.

La Follette Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

La Follette Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

La Follette Pre-Foreclosures

Foreclosure

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

La Follette Foreclosure Auctions

Foreclosure Auction

Most La Follette 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 La Follette, 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 La Follette, TN. We offer a comprehensive La Follette foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in La Follette, Tennessee

Find Home Foreclosure Listings in La Follette, TN

La Follette 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 La Follette, TN 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 La Follette Tennessee, best affordable foreclosure condo in La Follette, cheap apartments for sale, bargain foreclosed homes for sale in La Follette, TN and earn huge savings on the homes YOU want to buy!

Our La Follette Foreclosure Lists

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

You can also search Jellico foreclosure listings and Pioneer foreclosure listings for more properties in the neighboring area.



La Follette, TN

As of 2011, La Follette's population is 8,121 people. Since 2000, it has had a population growth of 2. 47 percent. The median home cost in La Follette is $69,100. Home appreciation the last year has been -1. 83 percent. Compared to the rest of the country, La Follette's cost of living is 20. 80% Lower than the U. S. average. La Follette public schools spend $3,946 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 4 students per teacher in La Follette. The unemployment rate in La Follette is 12. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. La Follette jobs have Increased by 1. 46 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplela-follette, tnUS
Population8,121307,829,557
Pop Density1,60287
Pop Change2.47%9.34%
Median Age40.836.6
Households3,656116,329,167
Household Size2.172.58
Male Population46.32%49.31%
Female Population53.68%50.69%
Married Population37.35%47.15%
Single Population62.65%52.85%
Estimated Households By Household Incomela-follette, tnUS
Income Less Than 15k35.38%12.10%
Income Between 15k And 25k19.63%10.18%
Income Between 25k And 35k12.63%10.56%
Income Between 35k And 50k15.59%14.98%
Income Between 50k And 75k8.15%19.53%
Income Between 75k And 100k4.45%12.52%
Income Between 100k And 150k2.34%12.14%
Income Between 150k And 250k0.63%3.91%
Income Between 250k And 500k1.07%3.34%
Income Greater Than 500k0.14%0.75%
Economyla-follette, tnUS
Unemployment Rate12.50%9.10%
Recent Job Growth1.46%-0.12%
Future Job Growth30.42%31.25%
Sales Taxes9.25%6.80%
Income Taxes0.00%6.25%
Income Per Cap$15,264$27,067
Household Income$22,452$52,954
Housingla-follette, tnUS
Median Home Age40.835.1
Median Home Cost$69,100$175,100
Home Appreciation-1.83%-3.15%
Homes Owned50.47%59.90%
Housing Vacant8.03%10.37%
Homes Rented41.50%29.73%
Property Tax Rate$5.81$11.20
Owner Occupied Housing Units By Valuela-follette, tnUS
Less Than 20k3.85%2.65%
20k To 3999913.21%3.76%
40k To 5999925.96%4.99%
60k To 7999918.36%6.01%
80k To 9999913.36%7.27%
100k To 14999917.06%19.24%
150k To 1999994.25%14.67%
200k To 2999992.60%18.09%
300k To 3999990.60%9.14%
400k To 4999990.45%4.94%
500k To 7499990.20%5.42%
750k To 9999990.05%2.03%
1kk Or More0.05%1.77%
Educationla-follette, tnUS
School Expend$3,946$5,678
Pupil Teacher Ratio15.414.9
Students Per Librarian515803
Students Per Counselor561513
2 Yr College Grad3.79%7.47%
4 Yr College Grad3.62%17.42%
Graduate Degrees3.02%10.12%
High School Grads63.43%84.72%
Crimela-follette, tnUS
Violent Crime74
Property Crime104
Housing Units By Year Structure Builtla-follette, tnUS
1999 To 200512.93%13.71%
1995 To 19985.88%8.54%
1990 To 19943.51%5.77%
1980 To 198910.65%13.87%
1970 To 197916.08%16.17%
1960 To 196912.80%11.70%
1950 To 195911.99%11.08%
1940 To 194915.80%6.02%
1939 Or Earlier10.35%13.15%

Table Information