Somers FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Somers, New York.

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# Photo Address City State Zip Type BD BH Price Details
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EAST ST South Salem NY 10590 Foreclosures 3 3 $317,899.00 Details
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CLUB HOUSE VW # 132 Mohegan Lake NY 10547 Foreclosures 1 2 $169,900.00 Details
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WHARTON DR Cortlandt Manor NY 10567 Foreclosures 2 2 $219,900.00 Details
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CEDAR POND LN # 1D Cortlandt Manor NY 10567 Foreclosures 1 1 $59,500.00 Details
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TERRACE PL Cortlandt Manor NY 10567 Foreclosures 3 1.5 - Details
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FAIRLAWN AVE Peekskill NY 10566 Foreclosures 2 1 $193,900.00 Details
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CORTLANDT PL Ossining NY 10562 Foreclosures 3 2 $319,000.00 Details
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S HIGHLAND AVE Ossining NY 10562 Foreclosures 4 2 $278,250.00 Details
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PERSHING AVE Ossining NY 10562 Foreclosures 3 2 $249,900.00 Details
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ELLIS PL Ossining NY 10562 Foreclosures 3 2 $211,000.00 Details
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GRASSLANDS RD Valhalla NY 10595 Foreclosures 2 1 - Details
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KENDALL AVE Tarrytown NY 10591 Foreclosures 3 2 $219,900.00 Details
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MARTLING AVE APT E1 Tarrytown NY 10591 Foreclosures 1 1 $134,900.00 Details
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NORTH RD White Plains NY 10603 Foreclosures 2 1 $162,200.00 Details
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LAKE ST APT 5BB White Plains NY 10603 Foreclosures 1 1 $115,360.00 Details
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CENTRAL AVE APT 604 White Plains NY 10606 Foreclosures 1 1 $77,900.00 Details
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CHESTNUT HILL AVE White Plains NY 10606 Foreclosures 3 1 $290,899.00 Details
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FERRIS AVE APT 9F White Plains NY 10603 Foreclosures 1 1 $59,900.00 Details
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MAIN ST APT 2H White Plains NY 10601 Foreclosures 2 1 $200,000.00 Details
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HIGHLAND AVE White Plains NY 10606 Auctions 3 1 - Details
About our Listings

How to Buy Somers Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Somers, NY starts with finding listings. By browsing Somers 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 Somers, NY.

>> See more info about how to Buy foreclosures

How to Invest in Somers Foreclosures

How to invest foreclosure

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

Foreclosure home

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

New York Foreclosure Laws

Foreclosure law

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

Somers Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Somers Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Somers Pre-Foreclosures

Foreclosure

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

Somers Foreclosure Auctions

Foreclosure Auction

Most Somers 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 Somers, 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 Somers, NY. We offer a comprehensive Somers foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Somers, New York

Find Home Foreclosure Listings in Somers, NY

Somers 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 Somers, NY 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 Somers New York, best affordable foreclosure condo in Somers, cheap apartments for sale, bargain foreclosed homes for sale in Somers, NY and earn huge savings on the homes YOU want to buy!

Our Somers Foreclosure Lists

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

You can also search Hartsdale foreclosure listings and Mamaroneck foreclosure listings for more properties in the neighboring area.



Somers, NY

As of 2011, Somers's population is 19,748 people. Since 2000, it has had a population growth of 7. 61 percent. The median home cost in Somers is $521,800. Home appreciation the last year has been -1. 00 percent. Compared to the rest of the country, Somers's cost of living is 74. 70% Higher than the U. S. average. Somers public schools spend $11,527 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 8 students per teacher in Somers. The unemployment rate in Somers is 6. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Somers jobs have Decreased by 1. 40 percent. Average Commute time is 41 minutes. The National Average is 28 minutes.

Peoplesomers, nyUS
Population19,748307,829,557
Pop Density67487
Pop Change7.61%9.34%
Median Age46.336.6
Households7,326116,329,167
Household Size2.642.58
Male Population48.00%49.31%
Female Population52.00%50.69%
Married Population59.09%47.15%
Single Population40.91%52.85%
Estimated Households By Household Incomesomers, nyUS
Income Less Than 15k2.71%12.10%
Income Between 15k And 25k3.98%10.18%
Income Between 25k And 35k4.69%10.56%
Income Between 35k And 50k6.65%14.98%
Income Between 50k And 75k14.19%19.53%
Income Between 75k And 100k12.44%12.52%
Income Between 100k And 150k20.89%12.14%
Income Between 150k And 250k15.02%3.91%
Income Between 250k And 500k15.99%3.34%
Income Greater Than 500k3.44%0.75%
Economysomers, nyUS
Unemployment Rate6.70%9.10%
Recent Job Growth-1.40%-0.12%
Future Job Growth30.50%31.25%
Sales Taxes7.38%6.80%
Income Taxes6.85%6.25%
Income Per Cap$53,414$27,067
Household Income$112,024$52,954
Housingsomers, nyUS
Median Home Age30.935.1
Median Home Cost$521,800$175,100
Home Appreciation-1.00%-3.15%
Homes Owned90.12%59.90%
Housing Vacant4.78%10.37%
Homes Rented5.10%29.73%
Property Tax Rate$20.95$11.20
Owner Occupied Housing Units By Valuesomers, nyUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.00%4.99%
60k To 799990.04%6.01%
80k To 999990.03%7.27%
100k To 1499990.06%19.24%
150k To 1999991.12%14.67%
200k To 29999910.40%18.09%
300k To 39999920.01%9.14%
400k To 49999918.21%4.94%
500k To 74999927.69%5.42%
750k To 99999913.66%2.03%
1kk Or More8.78%1.77%
Educationsomers, nyUS
School Expend$11,527$5,678
Pupil Teacher Ratio13.814.9
Students Per Librarian375803
Students Per Counselor422513
2 Yr College Grad6.40%7.47%
4 Yr College Grad27.30%17.42%
Graduate Degrees27.88%10.12%
High School Grads96.57%84.72%
Crimesomers, nyUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtsomers, nyUS
1999 To 200510.94%13.71%
1995 To 19987.77%8.54%
1990 To 19948.90%5.77%
1980 To 198920.83%13.87%
1970 To 197919.56%16.17%
1960 To 196910.96%11.70%
1950 To 19597.74%11.08%
1940 To 19495.19%6.02%
1939 Or Earlier8.10%13.15%

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