Richmond FORECLOSURE LISTINGS

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

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# Photo Address City State Zip Type BD BH Price Details
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STATE ROUTE 152 Richmond OH 43944 Foreclosures 3 1 $35,000.00 Details
About our Listings

How to Buy Richmond Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Richmond, OH starts with finding listings. By browsing Richmond 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 Richmond, OH.

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How to Invest in Richmond Foreclosures

How to invest foreclosure

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

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Richmond 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 Richmond, OH. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Richmond apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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Ohio Foreclosure Laws

Foreclosure law

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

Richmond Banks Foreclosures

Bank Foreclosure

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

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Richmond Government Foreclosures

Government Foreclosure

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

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Richmond Pre-Foreclosures

Foreclosure

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

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Richmond Foreclosure Auctions

Foreclosure Auction

Most Richmond 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 Richmond, 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 Richmond, OH. We offer a comprehensive Richmond foreclosure auction listings.

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Top Zip Codes in Richmond, Ohio

Find Home Foreclosure Listings in Richmond, OH

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

Our Richmond Foreclosure Lists

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

You can also search Rayland foreclosure listings and Steubenville foreclosure listings for more properties in the neighboring area.



Richmond, OH

As of 2011, Richmond's population is 401 people. Since 2000, it has had a population growth of -14. 86 percent. The median home cost in Richmond is $98,300. Home appreciation the last year has been -4. 20 percent. Compared to the rest of the country, Richmond's cost of living is 13. 80% Lower than the U. S. average. Richmond public schools spend $4,555 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 9 students per teacher in Richmond. The unemployment rate in Richmond is 11. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Richmond jobs have Decreased by 2. 69 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplerichmond, ohUS
Population401307,829,557
Pop Density72587
Pop Change-14.86%9.34%
Median Age46.236.6
Households169116,329,167
Household Size2.392.58
Male Population49.13%49.31%
Female Population50.87%50.69%
Married Population54.60%47.15%
Single Population45.40%52.85%
Estimated Households By Household Incomerichmond, ohUS
Income Less Than 15k17.86%12.10%
Income Between 15k And 25k14.88%10.18%
Income Between 25k And 35k16.07%10.56%
Income Between 35k And 50k15.48%14.98%
Income Between 50k And 75k22.62%19.53%
Income Between 75k And 100k7.74%12.52%
Income Between 100k And 150k4.77%12.14%
Income Between 150k And 250k0.60%3.91%
Income Between 250k And 500k0.00%3.34%
Income Greater Than 500k0.00%0.75%
Economyrichmond, ohUS
Unemployment Rate11.10%9.10%
Recent Job Growth-2.69%-0.12%
Future Job Growth23.52%31.25%
Sales Taxes7.00%6.80%
Income Taxes6.87%6.25%
Income Per Cap$18,005$27,067
Household Income$36,151$52,954
Housingrichmond, ohUS
Median Home Age48.835.1
Median Home Cost$98,300$175,100
Home Appreciation-4.20%-3.15%
Homes Owned76.88%59.90%
Housing Vacant9.68%10.37%
Homes Rented13.44%29.73%
Property Tax Rate$9.20$11.20
Owner Occupied Housing Units By Valuerichmond, ohUS
Less Than 20k6.29%2.65%
20k To 399998.39%3.76%
40k To 5999910.49%4.99%
60k To 7999913.29%6.01%
80k To 9999918.18%7.27%
100k To 14999922.38%19.24%
150k To 1999999.79%14.67%
200k To 2999999.79%18.09%
300k To 3999991.40%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationrichmond, ohUS
School Expend$4,555$5,678
Pupil Teacher Ratio15.914.9
Students Per Librarian466803
Students Per Counselor617513
2 Yr College Grad9.69%7.47%
4 Yr College Grad8.30%17.42%
Graduate Degrees2.43%10.12%
High School Grads88.94%84.72%
Crimerichmond, ohUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtrichmond, ohUS
1999 To 20050.54%13.71%
1995 To 19987.60%8.54%
1990 To 19946.92%5.77%
1980 To 19899.14%13.87%
1970 To 197912.90%16.17%
1960 To 196913.98%11.70%
1950 To 195922.04%11.08%
1940 To 19497.53%6.02%
1939 Or Earlier19.35%13.15%

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