Locust Valley FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Locust Valley, New York.

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# Photo Address City State Zip Type BD BH Price Details
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MCLOUGHLIN ST Glen Cove NY 11542 Auctions 3 2 - Details
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PAGE LN Westbury NY 11590 Foreclosures 4 2 $273,000.00 Details
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CROSS ST Westbury NY 11590 Foreclosures 3 2 $235,000.00 Details
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SYLVESTER ST Westbury NY 11590 Foreclosures 3 2 $172,800.00 Details
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PARK AVE W Westbury NY 11590 Foreclosures 3 3 $249,000.00 Details
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IRIS PL Westbury NY 11590 Foreclosures 4 2 $289,900.00 Details
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ALICIA DR Westbury NY 11590 Foreclosures 4 3 - Details
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KNIGHTSBRIDGE RD APT 3H Great Neck NY 11021 Foreclosures 1 1 $184,740.00 Details
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BARSTOW RD APT 2M Great Neck NY 11021 Foreclosures 1 1 $183,900.00 Details
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STEWART AVE APT 1E Garden City NY 11530 Foreclosures 2 1 $340,000.00 Details
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82ND AVE # 125A New Hyde Park NY 11040 Foreclosures 1 1 $162,900.00 Details
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DAISY RD Bethpage NY 11714 Foreclosures 6 3 $315,900.00 Details
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S 4TH ST # 15 Bethpage NY 11714 Foreclosures - - - Details
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ADMIRAL LN Uniondale NY 11553 Foreclosures 4 2 $224,900.00 Details
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LUDDINGTON RD East Meadow NY 11554 Foreclosures 3 1.5 - Details
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DANNET PL East Meadow NY 11554 Foreclosures 3 2 $329,900.00 Details
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HOMAN BLVD Hempstead NY 11550 Foreclosures 4 1 $123,899.00 Details
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HENRY ST APT 11 Hempstead NY 11550 Foreclosures 2 1.5 $85,000.00 Details
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GLADYS AVE Hempstead NY 11550 Foreclosures 5 2 $179,900.00 Details
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FLINT AVE Hempstead NY 11550 Foreclosures 4 3 $192,000.00 Details
About our Listings

How to Buy Locust Valley Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Locust Valley, NY starts with finding listings. By browsing Locust Valley 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 Locust Valley, NY.

>> See more info about how to Buy foreclosures

How to Invest in Locust Valley Foreclosures

How to invest foreclosure

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

Foreclosure home

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

New York Foreclosure Laws

Foreclosure law

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

Locust Valley Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Locust Valley Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Locust Valley Pre-Foreclosures

Foreclosure

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

Locust Valley Foreclosure Auctions

Foreclosure Auction

Most Locust Valley 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 Locust Valley, 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 Locust Valley, NY. We offer a comprehensive Locust Valley foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Locust Valley, New York

Find Home Foreclosure Listings in Locust Valley, NY

Locust Valley 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 Locust Valley, NY 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 Locust Valley New York, best affordable foreclosure condo in Locust Valley, cheap apartments for sale, bargain foreclosed homes for sale in Locust Valley, NY and earn huge savings on the homes YOU want to buy!

Our Locust Valley Foreclosure Lists

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

You can also search Elmont foreclosure listings and Franklin Square foreclosure listings for more properties in the neighboring area.



Locust Valley, NY

As of 2011, Locust Valley's population is 3,540 people. Since 2000, it has had a population growth of 0. 63 percent. The median home cost in Locust Valley is $564,600. Home appreciation the last year has been -1. 09 percent. Compared to the rest of the country, Locust Valley's cost of living is 76. 80% Higher than the U. S. average. Locust Valley public schools spend $13,220 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 3 students per teacher in Locust Valley. The unemployment rate in Locust Valley is 6. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Locust Valley jobs have Decreased by 0. 85 percent. Average Commute time is 32 minutes. The National Average is 28 minutes.

Peoplelocust-valley, nyUS
Population3,540307,829,557
Pop Density3,67487
Pop Change0.63%9.34%
Median Age4136.6
Households1,273116,329,167
Household Size2.782.58
Male Population49.35%49.31%
Female Population50.65%50.69%
Married Population46.51%47.15%
Single Population53.49%52.85%
Estimated Households By Household Incomelocust-valley, nyUS
Income Less Than 15k5.91%12.10%
Income Between 15k And 25k5.13%10.18%
Income Between 25k And 35k7.81%10.56%
Income Between 35k And 50k14.20%14.98%
Income Between 50k And 75k19.24%19.53%
Income Between 75k And 100k10.49%12.52%
Income Between 100k And 150k12.15%12.14%
Income Between 150k And 250k9.46%3.91%
Income Between 250k And 500k11.12%3.34%
Income Greater Than 500k4.50%0.75%
Economylocust-valley, nyUS
Unemployment Rate6.60%9.10%
Recent Job Growth-0.85%-0.12%
Future Job Growth31.70%31.25%
Sales Taxes8.63%6.80%
Income Taxes6.85%6.25%
Income Per Cap$43,027$27,067
Household Income$71,754$52,954
Housinglocust-valley, nyUS
Median Home Age65.135.1
Median Home Cost$564,600$175,100
Home Appreciation-1.09%-3.15%
Homes Owned72.51%59.90%
Housing Vacant6.56%10.37%
Homes Rented20.93%29.73%
Property Tax Rate$23.43$11.20
Owner Occupied Housing Units By Valuelocust-valley, nyUS
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 999990.00%7.27%
100k To 1499990.00%19.24%
150k To 1999992.03%14.67%
200k To 2999996.91%18.09%
300k To 39999912.60%9.14%
400k To 49999919.61%4.94%
500k To 74999937.50%5.42%
750k To 99999913.52%2.03%
1kk Or More7.83%1.77%
Educationlocust-valley, nyUS
School Expend$13,220$5,678
Pupil Teacher Ratio12.314.9
Students Per Librarian249803
Students Per Counselor413513
2 Yr College Grad8.11%7.47%
4 Yr College Grad24.78%17.42%
Graduate Degrees12.50%10.12%
High School Grads88.07%84.72%
Crimelocust-valley, nyUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtlocust-valley, nyUS
1999 To 20053.02%13.71%
1995 To 19981.04%8.54%
1990 To 19940.73%5.77%
1980 To 19891.92%13.87%
1970 To 19792.14%16.17%
1960 To 196910.32%11.70%
1950 To 195921.00%11.08%
1940 To 194918.05%6.02%
1939 Or Earlier41.78%13.15%

Table Information