Pecatonica FORECLOSURE LISTINGS

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

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# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
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20 Photos
E SOUTH ST Durand IL 61024 Foreclosures 3 1.5 $78,700.00 Details
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8 Photos
GOODHUE AVE Rockford IL 61109 Foreclosures 3 2 $88,600.00 Details
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EDELWEISS RD Rockford IL 61109 Foreclosures 3 1 $53,560.00 Details
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BELL AVE Rockford IL 61103 Foreclosures 3 1 $49,685.00 Details
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BLENHEIM DR Rockford IL 61108 Foreclosures 2 1 $65,900.00 Details
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HASKELL AVE Rockford IL 61103 Foreclosures 4 1 $54,500.00 Details
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29TH ST Rockford IL 61108 Foreclosures 3 2 $54,270.00 Details
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WINTHROP LN Rockford IL 61107 Foreclosures 3 1 $61,300.00 Details
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JACQUELINE DR UNIT 12 Rockford IL 61109 Foreclosures 3 2 $28,400.00 Details
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CUSHMAN RD Rockford IL 61114 Foreclosures 3 3 $99,900.00 Details
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N GREENVIEW AVE Rockford IL 61101 Foreclosures 2 1 $22,230.00 Details
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E SUMMERFIELD DR Rockford IL 61114 Foreclosures 2 2 $111,200.00 Details
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SCHOOL ST Rockford IL 61101 Foreclosures 3 1 $18,600.00 Details
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SOPER AVE Rockford IL 61101 Foreclosures 3 1 $19,400.00 Details
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17TH AVE Rockford IL 61104 Foreclosures 2 1 $32,600.00 Details
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KAISER LN # 12C Rockford IL 61114 Foreclosures 3 2 $79,400.00 Details
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E SUMMERFIELD DR Rockford IL 61114 Foreclosures 3 2 $110,675.00 Details
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N ROCKFORD AVE Rockford IL 61107 Foreclosures 4 2 $59,000.00 Details
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28 Photos
N CHURCH ST Rockford IL 61103 Foreclosures 3 1 $28,000.00 Details
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7TH ST Rockford IL 61104 Foreclosures 3 1 $17,000.00 Details
About our Listings

How to Buy Pecatonica Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Pecatonica, IL starts with finding listings. By browsing Pecatonica 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 Pecatonica, IL.

>> See more info about how to Buy foreclosures

How to Invest in Pecatonica Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Illinois Foreclosure Laws

Foreclosure law

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

Pecatonica Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Pecatonica Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Pecatonica Pre-Foreclosures

Foreclosure

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

Pecatonica Foreclosure Auctions

Foreclosure Auction

Most Pecatonica 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 Pecatonica, 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 Pecatonica, IL. We offer a comprehensive Pecatonica foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Pecatonica, Illinois

Find Home Foreclosure Listings in Pecatonica, IL

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

Our Pecatonica Foreclosure Lists

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

You can also search Cherry Valley foreclosure listings and Durand foreclosure listings for more properties in the neighboring area.



Pecatonica, IL

As of 2011, Pecatonica's population is 2,360 people. Since 2000, it has had a population growth of 18. 24 percent. The median home cost in Pecatonica is $128,100. Home appreciation the last year has been -4. 49 percent. Compared to the rest of the country, Pecatonica's cost of living is 9. 60% Lower than the U. S. average. Pecatonica public schools spend $4,151 per student. The average school expenditure in the U. S. is $5,678. There are about 22. 1 students per teacher in Pecatonica. The unemployment rate in Pecatonica is 12. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Pecatonica jobs have Decreased by 2. 91 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peoplepecatonica, ilUS
Population2,360307,829,557
Pop Density2,01487
Pop Change18.24%9.34%
Median Age37.236.6
Households929116,329,167
Household Size2.542.58
Male Population48.26%49.31%
Female Population51.74%50.69%
Married Population51.98%47.15%
Single Population48.02%52.85%
Estimated Households By Household Incomepecatonica, ilUS
Income Less Than 15k6.77%12.10%
Income Between 15k And 25k8.06%10.18%
Income Between 25k And 35k11.29%10.56%
Income Between 35k And 50k18.17%14.98%
Income Between 50k And 75k27.42%19.53%
Income Between 75k And 100k17.42%12.52%
Income Between 100k And 150k9.89%12.14%
Income Between 150k And 250k0.65%3.91%
Income Between 250k And 500k0.22%3.34%
Income Greater Than 500k0.11%0.75%
Economypecatonica, ilUS
Unemployment Rate12.90%9.10%
Recent Job Growth-2.91%-0.12%
Future Job Growth21.28%31.25%
Sales Taxes7.25%6.80%
Income Taxes3.00%6.25%
Income Per Cap$23,725$27,067
Household Income$55,053$52,954
Housingpecatonica, ilUS
Median Home Age46.835.1
Median Home Cost$128,100$175,100
Home Appreciation-4.49%-3.15%
Homes Owned76.75%59.90%
Housing Vacant5.58%10.37%
Homes Rented17.66%29.73%
Property Tax Rate$25.64$11.20
Owner Occupied Housing Units By Valuepecatonica, ilUS
Less Than 20k0.00%2.65%
20k To 399990.79%3.76%
40k To 599992.25%4.99%
60k To 799995.16%6.01%
80k To 9999915.61%7.27%
100k To 14999947.22%19.24%
150k To 19999921.56%14.67%
200k To 2999995.29%18.09%
300k To 3999991.32%9.14%
400k To 4999990.26%4.94%
500k To 7499990.40%5.42%
750k To 9999990.13%2.03%
1kk Or More0.00%1.77%
Educationpecatonica, ilUS
School Expend$4,151$5,678
Pupil Teacher Ratio22.114.9
Students Per Librarian978803
Students Per Counselor978513
2 Yr College Grad7.33%7.47%
4 Yr College Grad8.74%17.42%
Graduate Degrees4.75%10.12%
High School Grads90.03%84.72%
Crimepecatonica, ilUS
Violent Crime84
Property Crime44
Housing Units By Year Structure Builtpecatonica, ilUS
1999 To 200517.66%13.71%
1995 To 19983.82%8.54%
1990 To 19945.52%5.77%
1980 To 19896.09%13.87%
1970 To 197910.96%16.17%
1960 To 19698.02%11.70%
1950 To 19599.44%11.08%
1940 To 19494.77%6.02%
1939 Or Earlier33.71%13.15%

Table Information