Vermillion FORECLOSURE LISTINGS

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

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.
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8 Photos
ASHLAND ST Hastings MN 55033 Foreclosures 3 1 $95,000.00 Details
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28 Photos
TUTTLE DR Hastings MN 55033 Foreclosures 4 3 $165,000.00 Details
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15 Photos
MISSISSIPPI TRL Hastings MN 55033 Foreclosures 3 2 $116,000.00 Details
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16 Photos
19TH ST W Hastings MN 55033 Foreclosures 4 1 $129,900.00 Details
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9 Photos
RED WING BLVD Hastings MN 55033 Foreclosures 5 3 - Details
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CENTURY DR Hastings MN 55033 Foreclosures 2 1.5 - Details
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23RD ST W Hastings MN 55033 Foreclosures 1 1 $38,900.00 Details
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RUSHMORE RD Hastings MN 55033 Foreclosures 3 3 $197,900.00 Details
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16 Photos
11TH ST W Hastings MN 55033 Foreclosures 4 2 $159,900.00 Details
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2 Photos
BAHLS DR APT 203 Hastings MN 55033 Foreclosures 2 2 $44,900.00 Details
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POINT DOUGLAS DR S Hastings MN 55033 Foreclosures 4 3 - Details
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14 Photos
161ST ST W Rosemount MN 55068 Foreclosures 3 2 $144,900.00 Details
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16 Photos
FLAGSTAFF CT S Rosemount MN 55068 Foreclosures 2 1 $69,000.00 Details
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13 Photos
DEARBORN PATH Rosemount MN 55068 Foreclosures 4 2 $144,900.00 Details
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11 Photos
UPPER 156TH ST W Rosemount MN 55068 Foreclosures 2 1 $135,000.00 Details
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21 Photos
156TH ST W Rosemount MN 55068 Foreclosures 2 1 $67,000.00 Details
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GEORGETOWN CT Rosemount MN 55068 Foreclosures 4 3 $226,900.00 Details
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UPPER 149TH ST W Rosemount MN 55068 Foreclosures 3 2 $149,900.00 Details
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S ROBERT TRL Rosemount MN 55068 Foreclosures 3 1 $94,900.00 Details
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162ND ST W Rosemount MN 55068 Foreclosures 4 2 - Details
About our Listings

How to Buy Vermillion Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Vermillion, MN starts with finding listings. By browsing Vermillion 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 Vermillion, MN.

>> See more info about how to Buy foreclosures

How to Invest in Vermillion Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Minnesota Foreclosure Laws

Foreclosure law

Minnesota 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 Vermillion 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 Vermillion REO properties.

Vermillion Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Vermillion Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Vermillion Pre-Foreclosures

Foreclosure

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

Vermillion Foreclosure Auctions

Foreclosure Auction

Most Vermillion 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 Vermillion, 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 Vermillion, MN. We offer a comprehensive Vermillion foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Vermillion, Minnesota

Find Home Foreclosure Listings in Vermillion, MN

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

Our Vermillion Foreclosure Lists

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

You can also search Farmington foreclosure listings and Hastings foreclosure listings for more properties in the neighboring area.



Vermillion, MN

As of 2011, Vermillion's population is 500 people. Since 2000, it has had a population growth of 14. 42 percent. The median home cost in Vermillion is $280,500. Home appreciation the last year has been -4. 20 percent. Compared to the rest of the country, Vermillion's cost of living is 22. 50% Higher than the U. S. average. Vermillion public schools spend $5,464 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 7 students per teacher in Vermillion. The unemployment rate in Vermillion is 6. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Vermillion jobs have Increased by 0. 21 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peoplevermillion, mnUS
Population500307,829,557
Pop Density48087
Pop Change14.42%9.34%
Median Age37.636.6
Households169116,329,167
Household Size2.952.58
Male Population51.41%49.31%
Female Population48.59%50.69%
Married Population57.86%47.15%
Single Population42.14%52.85%
Estimated Households By Household Incomevermillion, mnUS
Income Less Than 15k5.36%12.10%
Income Between 15k And 25k3.57%10.18%
Income Between 25k And 35k4.17%10.56%
Income Between 35k And 50k11.90%14.98%
Income Between 50k And 75k17.26%19.53%
Income Between 75k And 100k19.64%12.52%
Income Between 100k And 150k27.97%12.14%
Income Between 150k And 250k5.95%3.91%
Income Between 250k And 500k3.57%3.34%
Income Greater Than 500k0.60%0.75%
Economyvermillion, mnUS
Unemployment Rate6.60%9.10%
Recent Job Growth0.21%-0.12%
Future Job Growth33.82%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income Per Cap$32,176$27,067
Household Income$84,745$52,954
Housingvermillion, mnUS
Median Home Age35.235.1
Median Home Cost$280,500$175,100
Home Appreciation-4.20%-3.15%
Homes Owned88.57%59.90%
Housing Vacant4.00%10.37%
Homes Rented7.43%29.73%
Property Tax Rate$11.20$11.20
Owner Occupied Housing Units By Valuevermillion, mnUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.00%4.99%
60k To 799990.65%6.01%
80k To 999990.00%7.27%
100k To 1499995.81%19.24%
150k To 19999918.06%14.67%
200k To 29999941.29%18.09%
300k To 39999918.71%9.14%
400k To 4999996.45%4.94%
500k To 7499993.87%5.42%
750k To 9999991.94%2.03%
1kk Or More3.23%1.77%
Educationvermillion, mnUS
School Expend$5,464$5,678
Pupil Teacher Ratio17.714.9
Students Per Librarian509803
Students Per Counselor899513
2 Yr College Grad9.88%7.47%
4 Yr College Grad13.47%17.42%
Graduate Degrees4.19%10.12%
High School Grads89.21%84.72%
Crimevermillion, mnUS
Violent Crime14
Property Crime24
Housing Units By Year Structure Builtvermillion, mnUS
1999 To 200517.14%13.71%
1995 To 19984.96%8.54%
1990 To 19943.61%5.77%
1980 To 198915.43%13.87%
1970 To 197917.71%16.17%
1960 To 196911.43%11.70%
1950 To 19599.71%11.08%
1940 To 19491.71%6.02%
1939 Or Earlier18.29%13.15%

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