Murphy FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Murphy, North Carolina.

Featured Foreclosure Listings in Murphy, NC

Murphy Home Foreclosure Listing ID: 1556436

Home Auction

Murphy, NC - 28906

2 Bd | 2 Ba | $47,076.00

Murphy Home Foreclosure Listing ID: 2069706

Foreclosure

Murphy, NC - 28906

2 Bd | 1 Ba | $55,000.00

Murphy Home Foreclosure Listing ID: 1500172

Foreclosure

Murphy, NC - 28906

2 Bd | 1 Ba | $60,900.00

Murphy Home Foreclosure Listing ID: 2088598

Foreclosure

Murphy, NC - 28906

2 Bd | 2 Ba | $70,000.00

Murphy Home Foreclosure Listing ID: 2051806

Foreclosure

Murphy, NC - 28906

3 Bd | 2 Ba | $80,000.00

Total: 13
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
STOCKADE MOUNTAIN RD Murphy NC 28906 Foreclosures 2 1 $55,000.00 Details
2
30 Photos
INDIAN HILLS DR Murphy NC 28906 Foreclosures 3 2 $80,000.00 Details
3
1 Photo
POPLAR CV Murphy NC 28906 Foreclosures 2 1 $60,900.00 Details
4
5 Photos
FERGUSON RD Murphy NC 28906 Auctions 2 2 $47,076.00 Details
5
5 Photos
HIGHWAY 294 Murphy NC 28906 Foreclosures 2 2 $70,000.00 Details
6
10 Photos
HIDEAWAY MOUNTAIN DR Murphy NC 28906 Foreclosures 2 1 - Details
7
2 Photos
BUFFAOL TRL Murphy NC 28906 Foreclosures - - - Details
8
5 Photos
NANDINA KNLS Murphy NC 28906 Foreclosures 2 2 $86,000.00 Details
9
8 Photos
FIVE FORKS DR Murphy NC 28906 Foreclosures 3 2 $154,900.00 Details
10
1 Photo
SHADY GROVE RD Murphy NC 28906 Foreclosures 3 2 $165,000.00 Details
11
7 Photos
COUNTRY MOUNTAIN RIDGE DR Murphy NC 28906 Foreclosures 3 2 $98,000.00 Details
12
1 Photo
Lot 10 Hidden Lane Murphy NC 28906 Foreclosures - - $13,900.00 Details
13
8 Photos
MEADOWLARK TER Murphy NC 28906 Foreclosures 2 2 - Details
About our Listings

How to Buy Murphy Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Murphy, NC starts with finding listings. By browsing Murphy 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 Murphy, NC.

>> See more info about how to Buy foreclosures

How to Invest in Murphy Foreclosures

How to invest foreclosure

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

Foreclosure home

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

North Carolina Foreclosure Laws

Foreclosure law

North Carolina 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 Murphy 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 Murphy REO properties.

Murphy Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Murphy Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Murphy Pre-Foreclosures

Foreclosure

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

Murphy Foreclosure Auctions

Foreclosure Auction

Most Murphy 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 Murphy, 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 Murphy, NC. We offer a comprehensive Murphy foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Murphy, North Carolina

Find Home Foreclosure Listings in Murphy, NC

Murphy 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 Murphy, NC 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 Murphy North Carolina, best affordable foreclosure condo in Murphy, cheap apartments for sale, bargain foreclosed homes for sale in Murphy, NC and earn huge savings on the homes YOU want to buy!

Our Murphy Foreclosure Lists

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



Murphy, NC

As of 2011, Murphy's population is 1,625 people. Since 2000, it has had a population growth of 3. 64 percent. The median home cost in Murphy is $131,000. Home appreciation the last year has been -2. 20 percent. Compared to the rest of the country, Murphy's cost of living is 7. 10% Lower than the U. S. average. Murphy public schools spend $4,689 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 8 students per teacher in Murphy. The unemployment rate in Murphy is 12. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Murphy jobs have Decreased by 3. 57 percent. Average Commute time is 14 minutes. The National Average is 28 minutes.

Peoplemurphy, ncUS
Population1,625307,829,557
Pop Density71287
Pop Change3.64%9.34%
Median Age41.836.6
Households754116,329,167
Household Size2.112.58
Male Population47.85%49.31%
Female Population52.15%50.69%
Married Population50.64%47.15%
Single Population49.36%52.85%
Estimated Households By Household Incomemurphy, ncUS
Income Less Than 15k25.76%12.10%
Income Between 15k And 25k13.81%10.18%
Income Between 25k And 35k15.80%10.56%
Income Between 35k And 50k15.27%14.98%
Income Between 50k And 75k11.69%19.53%
Income Between 75k And 100k6.91%12.52%
Income Between 100k And 150k7.43%12.14%
Income Between 150k And 250k1.73%3.91%
Income Between 250k And 500k1.59%3.34%
Income Greater Than 500k0.00%0.75%
Economymurphy, ncUS
Unemployment Rate12.90%9.10%
Recent Job Growth-3.57%-0.12%
Future Job Growth19.96%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income Per Cap$21,334$27,067
Household Income$31,659$52,954
Housingmurphy, ncUS
Median Home Age36.135.1
Median Home Cost$131,000$175,100
Home Appreciation-2.20%-3.15%
Homes Owned49.50%59.90%
Housing Vacant16.61%10.37%
Homes Rented33.89%29.73%
Property Tax Rate$5.13$11.20
Owner Occupied Housing Units By Valuemurphy, ncUS
Less Than 20k1.34%2.65%
20k To 399994.03%3.76%
40k To 5999910.51%4.99%
60k To 799993.36%6.01%
80k To 9999910.07%7.27%
100k To 14999937.58%19.24%
150k To 19999916.11%14.67%
200k To 29999912.30%18.09%
300k To 3999992.91%9.14%
400k To 4999991.34%4.94%
500k To 7499990.45%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationmurphy, ncUS
School Expend$4,689$5,678
Pupil Teacher Ratio13.814.9
Students Per Librarian349803
Students Per Counselor334513
2 Yr College Grad10.49%7.47%
4 Yr College Grad12.53%17.42%
Graduate Degrees11.35%10.12%
High School Grads86.20%84.72%
Crimemurphy, ncUS
Violent Crime84
Property Crime84
Housing Units By Year Structure Builtmurphy, ncUS
1999 To 200511.85%13.71%
1995 To 19988.43%8.54%
1990 To 19946.85%5.77%
1980 To 198913.84%13.87%
1970 To 197915.95%16.17%
1960 To 19698.53%11.70%
1950 To 195911.85%11.08%
1940 To 19498.75%6.02%
1939 Or Earlier13.95%13.15%

Table Information