Ferriday FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
2 Photos
SHADY LN Ferriday LA 71334 Foreclosures 4 2 $85,000.00 Details
2
1 Photo
10TH ST Ferriday LA 71334 Foreclosures 4 1.5 $67,000.00 Details
About our Listings

How to Buy Ferriday Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Ferriday, LA starts with finding listings. By browsing Ferriday 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 Ferriday, LA.

>> See more info about how to Buy foreclosures

How to Invest in Ferriday Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Louisiana Foreclosure Laws

Foreclosure law

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

Ferriday Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Ferriday Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Ferriday Pre-Foreclosures

Foreclosure

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

Ferriday Foreclosure Auctions

Foreclosure Auction

Most Ferriday 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 Ferriday, 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 Ferriday, LA. We offer a comprehensive Ferriday foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Ferriday, Louisiana

Find Home Foreclosure Listings in Ferriday, LA

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

Our Ferriday Foreclosure Lists

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

You can also search Vidalia foreclosure listings and Monterey foreclosure listings for more properties in the neighboring area.



Ferriday, LA

As of 2011, Ferriday's population is 3,481 people. Since 2000, it has had a population growth of -6. 42 percent. The median home cost in Ferriday is $56,100. Home appreciation the last year has been -1. 04 percent. Compared to the rest of the country, Ferriday's cost of living is 21. 60% Lower than the U. S. average. Ferriday public schools spend $4,548 per student. The average school expenditure in the U. S. is $5,678. There are about 15 students per teacher in Ferriday. The unemployment rate in Ferriday is 13. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Ferriday jobs have Decreased by 0. 92 percent. Average Commute time is 20 minutes. The National Average is 28 minutes.

Peopleferriday, laUS
Population3,481307,829,557
Pop Density2,09787
Pop Change-6.42%9.34%
Median Age35.336.6
Households1,357116,329,167
Household Size2.462.58
Male Population44.90%49.31%
Female Population55.10%50.69%
Married Population30.73%47.15%
Single Population69.27%52.85%
Estimated Households By Household Incomeferriday, laUS
Income Less Than 15k37.62%12.10%
Income Between 15k And 25k19.47%10.18%
Income Between 25k And 35k13.08%10.56%
Income Between 35k And 50k9.26%14.98%
Income Between 50k And 75k11.68%19.53%
Income Between 75k And 100k5.36%12.52%
Income Between 100k And 150k2.20%12.14%
Income Between 150k And 250k0.29%3.91%
Income Between 250k And 500k1.03%3.34%
Income Greater Than 500k0.00%0.75%
Economyferriday, laUS
Unemployment Rate13.00%9.10%
Recent Job Growth-0.92%-0.12%
Future Job Growth25.16%31.25%
Sales Taxes8.75%6.80%
Income Taxes6.00%6.25%
Income Per Cap$13,312$27,067
Household Income$21,269$52,954
Housingferriday, laUS
Median Home Age42.735.1
Median Home Cost$56,100$175,100
Home Appreciation-1.04%-3.15%
Homes Owned48.90%59.90%
Housing Vacant14.78%10.37%
Homes Rented36.32%29.73%
Property Tax Rate$3.58$11.20
Owner Occupied Housing Units By Valueferriday, laUS
Less Than 20k16.26%2.65%
20k To 3999919.72%3.76%
40k To 5999922.79%4.99%
60k To 7999915.36%6.01%
80k To 9999911.27%7.27%
100k To 1499996.79%19.24%
150k To 1999990.77%14.67%
200k To 2999993.33%18.09%
300k To 3999992.18%9.14%
400k To 4999990.51%4.94%
500k To 7499990.38%5.42%
750k To 9999990.00%2.03%
1kk Or More0.64%1.77%
Educationferriday, laUS
School Expend$4,548$5,678
Pupil Teacher Ratio1514.9
Students Per Librarian404803
Students Per Counselor239513
2 Yr College Grad6.66%7.47%
4 Yr College Grad6.61%17.42%
Graduate Degrees3.55%10.12%
High School Grads69.62%84.72%
Crimeferriday, laUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtferriday, laUS
1999 To 20054.70%13.71%
1995 To 19984.34%8.54%
1990 To 19943.36%5.77%
1980 To 198912.84%13.87%
1970 To 197918.97%16.17%
1960 To 196921.73%11.70%
1950 To 195915.84%11.08%
1940 To 194910.08%6.02%
1939 Or Earlier8.14%13.15%

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