Cumberland City FORECLOSURE LISTINGS

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

Total: 7
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.
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11 Photos
RORIE HOLLOW RD Indian Mound TN 37079 Foreclosures 3 2 $109,900.00 Details
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20 Photos
REED RD Indian Mound TN 37079 Foreclosures 4 4 $345,000.00 Details
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RED TOP RD Indian Mound TN 37079 Foreclosures 2 2 $39,900.00 Details
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23 Photos
AUDUBON TRL Dover TN 37058 Foreclosures 3 2 $73,900.00 Details
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52 Photos
SPRING ST Dover TN 37058 Foreclosures 3 2 $96,900.00 Details
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11 Photos
HIGHWAY 120 Big Rock TN 37023 Foreclosures 3 1 $74,900.00 Details
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7 Photos
HIGHWAY 120 Big Rock TN 37023 Foreclosures 3 2 $32,500.00 Details
About our Listings

How to Buy Cumberland City Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Cumberland City, TN starts with finding listings. By browsing Cumberland City 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 Cumberland City, TN.

>> See more info about how to Buy foreclosures

How to Invest in Cumberland City Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Cumberland City Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Cumberland City Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Cumberland City Pre-Foreclosures

Foreclosure

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

Cumberland City Foreclosure Auctions

Foreclosure Auction

Most Cumberland City 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 Cumberland City, 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 Cumberland City, TN. We offer a comprehensive Cumberland City foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Cumberland City, Tennessee

Find Home Foreclosure Listings in Cumberland City, TN

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

Our Cumberland City Foreclosure Lists

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

You can also search Big Rock foreclosure listings and Dover foreclosure listings for more properties in the neighboring area.



Cumberland City, TN

As of 2011, Cumberland City's population is 248 people. Since 2000, it has had a population growth of -21. 52 percent. The median home cost in Cumberland City is $102,200. Home appreciation the last year has been -0. 93 percent. Compared to the rest of the country, Cumberland City's cost of living is 12. 20% Lower than the U. S. average. Cumberland City public schools spend $4,133 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 7 students per teacher in Cumberland City. The unemployment rate in Cumberland City is 12. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Cumberland City jobs have Increased by 1. 92 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplecumberland-city, tnUS
Population248307,829,557
Pop Density6687
Pop Change-21.52%9.34%
Median Age37.836.6
Households103116,329,167
Household Size2.442.58
Male Population50.40%49.31%
Female Population49.60%50.69%
Married Population50.75%47.15%
Single Population49.25%52.85%
Estimated Households By Household Incomecumberland-city, tnUS
Income Less Than 15k13.73%12.10%
Income Between 15k And 25k13.73%10.18%
Income Between 25k And 35k11.76%10.56%
Income Between 35k And 50k13.73%14.98%
Income Between 50k And 75k25.49%19.53%
Income Between 75k And 100k11.76%12.52%
Income Between 100k And 150k3.92%12.14%
Income Between 150k And 250k3.92%3.91%
Income Between 250k And 500k0.98%3.34%
Income Greater Than 500k0.98%0.75%
Economycumberland-city, tnUS
Unemployment Rate12.50%9.10%
Recent Job Growth1.92%-0.12%
Future Job Growth31.34%31.25%
Sales Taxes9.25%6.80%
Income Taxes0.00%6.25%
Income Per Cap$23,429$27,067
Household Income$46,824$52,954
Housingcumberland-city, tnUS
Median Home Age33.235.1
Median Home Cost$102,200$175,100
Home Appreciation-0.93%-3.15%
Homes Owned56.49%59.90%
Housing Vacant22.14%10.37%
Homes Rented21.37%29.73%
Property Tax Rate$5.64$11.20
Owner Occupied Housing Units By Valuecumberland-city, tnUS
Less Than 20k0.00%2.65%
20k To 399998.11%3.76%
40k To 5999914.86%4.99%
60k To 7999913.51%6.01%
80k To 9999914.86%7.27%
100k To 14999921.62%19.24%
150k To 19999916.22%14.67%
200k To 2999994.05%18.09%
300k To 3999994.05%9.14%
400k To 4999991.35%4.94%
500k To 7499991.35%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationcumberland-city, tnUS
School Expend$4,133$5,678
Pupil Teacher Ratio17.714.9
Students Per Librarian576803
Students Per Counselor576513
2 Yr College Grad3.53%7.47%
4 Yr College Grad7.06%17.42%
Graduate Degrees3.53%10.12%
High School Grads82.94%84.72%
Crimecumberland-city, tnUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtcumberland-city, tnUS
1999 To 20057.63%13.71%
1995 To 199813.10%8.54%
1990 To 199413.62%5.77%
1980 To 198911.45%13.87%
1970 To 197912.98%16.17%
1960 To 196911.45%11.70%
1950 To 19596.87%11.08%
1940 To 19491.53%6.02%
1939 Or Earlier21.37%13.15%

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