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Wilmington NC Foreclosures

Wilmington NC Foreclosures and Wilmington NC Short Sales are becoming more and more available as the economy continues to change. Although the Cape Fear area was just listed as number 6 in National Home Values, the number of Wilmington NC foreclosures has climbed a little higher.

New data shows the numbers of foreclosures in Wilmington has increased with the troubled economy. At the end of October, 421 homes were under foreclosure in just the Wilmington City limits. A recent study estimates that 2% of all the homes in the city are 3 months behind in their mortgage payment.

According to the National Association of REALTORS, more than 30% of all sales in the past few months have been foreclosed, short sales or distressed situations. And the same is holding pretty similar for Wilmington foreclosures and Wilmington Short Sales.

What does this mean? It means now is the time to buy! What a great opportunity to get a house at a great price. Whether you're looking for a primary residence, an investment property or an opportunity to buy and fix up a home, there has never been a better market to purchase a foreclosure in Wilmington NC. If you're interested in purchasing Wilmington NC Foreclosures or Wilmington NC Short Sales, don't hesitate to Contact Us today!

By Paul Coffman

Wilmington Foreclosures For Sale

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$17,900

514 White Picket Way, Holly Ridge (Onslow)

Ahhhmenities galore are already in place for this higher end gated community located between Wilmington and Jacksonville, NC. This lot is for sale at a fraction of retail...

  • Courtesy ofCentury 21 Sweyer & Associates

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$90,000

107 Sycamore Dr, Burgaw

Government-owned HUD single family home for sale as is; Equal Housing Opportunity; HUD Case 381-826240; FHA financing status is IE (insurable w/ repair escrow of $1,546);...

  • Beds3
  • Baths2.0
  • Courtesy ofGracious Living Realty of North Carolina

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$25,500

202 West Ridge St, Rose Hill (Duplin)

None

  • Beds3
  • Baths1.0
  • Courtesy ofNC Real Estate Corp

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$129,900

210 Laurel Lake Rd, Salemburg

None

  • Beds4
  • Baths4.0
  • Courtesy ofNC Real Estate Corp

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$112,500

1913 Ann St, Wilmington

Super location for this sweet little bungalow. There is a lovely front porch. The kitchen is very large has additional built in cabinets. There is a breakfast room- coul...

  • Beds2
  • Baths1.0
  • Courtesy ofCentury 21 Sweyer & Associates

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$114,500

124 Sandybrook Rd, Wilmington

Wonderful 2 Bedroom 2 Bath Home Located in Sandybrook Community in Wilmington which is Centrally located to local beaches, shopping, dining, schools and much more! The h...

  • Beds2
  • Baths2.0
  • Courtesy ofRE/MAX Essential

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$84,000

1954 Maco Road, Leland

Get ready to fall in love! This great two bedroom home has had many renovations and updates in recent years. The open layout is great for entertaining. The kitchen boa...

  • Beds2
  • Baths2.0
  • Courtesy ofColdwell Banker Sea Coast Advantage

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