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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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$95,000

380 Lyman Rd, Beulaville

Very nice 2005 modular in Lyman. this home was very well kept and is one the nicest interiors we have seen this year. It is like new inside and has a wonderful floor plan...

  • Beds 3
  • Baths 2.0
  • Courtesy of Johnson Realty

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$97,200

17 Biscayne Dr, Rocky Point

Adorable 3 bedroom, 2 bath home in Avendale. Covered front porch. Close to area beaches. Property is occupied and showings are not allowed. We have not been inside th...

  • Beds 3
  • Baths 2.0
  • Courtesy of Boardwalk Properties

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$86,400

4826 Grouse Woods Dr, Wilmington

2 bedroom, 2 bath house in Saratoga Place! Great location just minutes from Ogden Park, Mayfaire and Wrightsville Beach. Property is currently occupied and showings are...

  • Beds 2
  • Baths 2.0
  • Courtesy of Boardwalk Properties

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$70,000

202 Wagon Train Rd, Rocky Point

None

  • Beds 4
  • Baths 2.0
  • Courtesy of Century 21 Sweyer & Associates

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$148,500

1437 South Fort Fisher Blvd Unit I3, Kure Beach

They say the view is always better from the top and that's certainly the case in this vacation spot! From this 3rd floor unit in Bldg 3, you have great views of the waves...

  • Beds 1
  • Baths 1.0
  • Courtesy of Live Oak Real Estate

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$130,000

1858 Brierwood Rd, Wilmington

What could be more comfortable than moving into a traditional brick ranch with extensive landscaping? This home is located close to Interstate 40 and all the wonderful sh...

  • Beds 3
  • Baths 2.0
  • Courtesy of Live Oak Real Estate

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$119,000

912 Grathwol Dr, Wilmington

Wonderful Investment opportunity in this 3 Bedroom 2 Bath Home in Churchill Estates with a 1 car garage. This home is in need of some repairs and updating throughout. D...

  • Beds 3
  • Baths 2.0
  • Courtesy of RE/MAX Essential

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