Parkers Prairie FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
2 Photos
E COLFAX ST Parkers Prairie MN 56361 Foreclosures 2 1 $60,000.00 Details
2
2 Photos
480TH AVE Parkers Prairie MN 56361 Foreclosures 2 1.5 $145,530.00 Details
About our Listings

How to Buy Parkers Prairie Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Parkers Prairie Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Parkers Prairie Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Parkers Prairie Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Parkers Prairie Pre-Foreclosures

Foreclosure

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

Parkers Prairie Foreclosure Auctions

Foreclosure Auction

Most Parkers Prairie 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 Parkers Prairie, 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 Parkers Prairie, MN. We offer a comprehensive Parkers Prairie foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Parkers Prairie, Minnesota

Find Home Foreclosure Listings in Parkers Prairie, MN

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

Our Parkers Prairie Foreclosure Lists

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

You can also search Underwood foreclosure listings and Dent foreclosure listings for more properties in the neighboring area.



Parkers Prairie, MN

As of 2011, Parkers Prairie's population is 972 people. Since 2000, it has had a population growth of -1. 92 percent. The median home cost in Parkers Prairie is $102,600. Home appreciation the last year has been -3. 69 percent. Compared to the rest of the country, Parkers Prairie's cost of living is 8. 80% Lower than the U. S. average. Parkers Prairie public schools spend $5,556 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 2 students per teacher in Parkers Prairie. The unemployment rate in Parkers Prairie is 8. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Parkers Prairie jobs have Decreased by 0. 69 percent. Average Commute time is 22 minutes. The National Average is 28 minutes.

Peopleparkers-prairie, mnUS
Population972307,829,557
Pop Density77787
Pop Change-1.92%9.34%
Median Age47.336.6
Households392116,329,167
Household Size2.282.58
Male Population48.30%49.31%
Female Population51.70%50.69%
Married Population51.85%47.15%
Single Population48.15%52.85%
Estimated Households By Household Incomeparkers-prairie, mnUS
Income Less Than 15k15.01%12.10%
Income Between 15k And 25k12.47%10.18%
Income Between 25k And 35k14.25%10.56%
Income Between 35k And 50k17.81%14.98%
Income Between 50k And 75k17.81%19.53%
Income Between 75k And 100k12.98%12.52%
Income Between 100k And 150k5.86%12.14%
Income Between 150k And 250k1.53%3.91%
Income Between 250k And 500k2.29%3.34%
Income Greater Than 500k0.00%0.75%
Economyparkers-prairie, mnUS
Unemployment Rate8.30%9.10%
Recent Job Growth-0.69%-0.12%
Future Job Growth30.32%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income Per Cap$23,094$27,067
Household Income$41,980$52,954
Housingparkers-prairie, mnUS
Median Home Age54.235.1
Median Home Cost$102,600$175,100
Home Appreciation-3.69%-3.15%
Homes Owned72.58%59.90%
Housing Vacant9.45%10.37%
Homes Rented17.97%29.73%
Property Tax Rate$8.99$11.20
Owner Occupied Housing Units By Valueparkers-prairie, mnUS
Less Than 20k2.22%2.65%
20k To 399998.57%3.76%
40k To 5999913.02%4.99%
60k To 7999912.70%6.01%
80k To 9999915.87%7.27%
100k To 14999929.52%19.24%
150k To 1999999.21%14.67%
200k To 2999996.98%18.09%
300k To 3999991.59%9.14%
400k To 4999990.00%4.94%
500k To 7499990.32%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationparkers-prairie, mnUS
School Expend$5,556$5,678
Pupil Teacher Ratio16.214.9
Students Per Librarian326803
Students Per Counselor0513
2 Yr College Grad10.51%7.47%
4 Yr College Grad7.47%17.42%
Graduate Degrees2.07%10.12%
High School Grads81.32%84.72%
Crimeparkers-prairie, mnUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtparkers-prairie, mnUS
1999 To 200510.37%13.71%
1995 To 19983.82%8.54%
1990 To 19945.86%5.77%
1980 To 19895.76%13.87%
1970 To 197910.83%16.17%
1960 To 19697.83%11.70%
1950 To 195912.67%11.08%
1940 To 194910.37%6.02%
1939 Or Earlier32.49%13.15%

Table Information