north carolina foreclosure – Page 2 – Lake Norman Foreclosures

Lake Norman Foreclosure Homes
At the end of December 2011 there were 75 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 20% decrease from the 94 foreclosure, preforeclosure & short sale properties for sale in November 2011. Prices range from $75,000 to $5,900,000 for a waterfront home in Mooresville.

24 foreclosure/short sale homes closed in December 2011. This was an increase of 14.3% from the 21 foreclosure homes sold in November 2011. The average home sold was a 3 bedroom/3 bath with 2,857 square feet and an average sale price of $364,454. The average sales price increased 13.9% from the previous months average sale price of $319,985. The average days on the market were 179, a 58 day decrease from November 2011.

21 foreclosure and short sale properties are currently under contract, a 25% decrease from November 2011. Continue reading Lake Norman Foreclosure Real Estate Market Update December 2011

Lake Norman Foreclosure Homes
At the end of November 2011 there were 94 foreclosure, preforeclosure & short-sale properties listed in the Lake Norman area, a 21% decrease from the 119 foreclosure, preforeclosure & short sale properties for sale in October 2011. Prices range from $69,000 to $8,000,000 for a waterfront home in Mooresville.

21 foreclosure/short sale homes closed in November 2011. This was an increase of 40% from the 15 foreclosure homes sold in October 2011. The average home sold was a 3 bedroom/3 bath with 2,832 square feet and an average sale price of $319,985. The average sales price increased 1.5% from the previous months average sale price of $315,244. The average days on the market were 121, a 61 day decrease from October 2011.

28 foreclosure and short sale properties are currently under contract, an 0% decrease from October 2011. Continue reading Lake Norman Foreclosure Real Estate Market Update November 2011

Price of Home	$
Down Payment		%
Mortgage Term		yrs
Interest Rate		%
Monthly Payment	$

Traditional Closing Expenses
Discount Points
Origination Fee	%
Lender Processing Fees	$
Credit Report	$
Appraisal	$
Title Insurance	$
Reconveyance Fee	$
Recording Fee	$
Wire and Courier Fees	$
Endorsement Fee	$
Title Closing Fee	$
Title Document Prep Fee	$
Other Fees	$

Monthly Gross Income	$
Monthly Debt Expenses ^[?] Monthly Debt and Obligations Should Include: Monthly Credit Card Payments Monthly Auto Payments Monthly Child Support Monthly Association Fees Other Monthly Obligations, but NOT utility bills.	$
Down Payment:	$
Interest Rate:	%

Lake Norman Foreclosures

Lake Norman Foreclosures, REO & Bank Owned Properties

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Lake Norman Foreclosure Real Estate Market Update December 2011

Lake Norman Foreclosure Real Estate Market Update November 2011

Monthly Debt and Obligations Should Include:

Loan Information
Loan Amount	$
View/Edit Closing Cost Details