Dorsey FORECLOSURE LISTINGS

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

Total: 20
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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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11 Photos
BIVENS RD Moro IL 62067 Foreclosures 3 1 $62,000.00 Details
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8 Photos
TEXAS BLVD Bethalto IL 62010 Foreclosures 3 1 $72,000.00 Details
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13 Photos
HILLTOP LN Bethalto IL 62010 Foreclosures 3 2 $60,000.00 Details
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ALBERS LN Bethalto IL 62010 Foreclosures 3 1 $40,600.00 Details
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7 Photos
N PRAIRIE ST Bethalto IL 62010 Auctions 2 1 - Details
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9 Photos
LINCOLN AVE East Alton IL 62024 Foreclosures 1 1 $36,500.00 Details
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7 Photos
BENDER AVE East Alton IL 62024 Foreclosures 1 1 $24,900.00 Details
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VALLEY DR East Alton IL 62024 Foreclosures 3 2 $72,900.00 Details
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8 Photos
INWOOD LN East Alton IL 62024 Foreclosures 2 1 $35,000.00 Details
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4 Photos
WILDEWOOD DR Worden IL 62097 Foreclosures 3 3 $181,500.00 Details
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S CENTRAL AVE Wood River IL 62095 Foreclosures 2 1 $37,900.00 Details
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12 Photos
GROVE AVE Wood River IL 62095 Auctions 3 1.5 $10,000.00 Details
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TIPTON AVE Wood River IL 62095 Foreclosures - - - Details
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SIR KAY CT Godfrey IL 62035 Foreclosures 4 1 $52,500.00 Details
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STATEN DR Godfrey IL 62035 Foreclosures 3 1 $82,500.00 Details
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13 Photos
W SOUTHCREST CIR Edwardsville IL 62025 Foreclosures 5 3 $289,900.00 Details
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CLOVER DR Edwardsville IL 62025 Foreclosures 3 2 $122,472.00 Details
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ILLINOIS AVE Edwardsville IL 62025 Foreclosures 2 1 - Details
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CLOVERDALE DR Edwardsville IL 62025 Foreclosures 3 2 $189,900.00 Details
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SAINT JAMES DR Edwardsville IL 62025 Foreclosures 2 1 $89,900.00 Details
About our Listings

How to Buy Dorsey Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Dorsey Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Dorsey Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Dorsey Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Dorsey Pre-Foreclosures

Foreclosure

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

Dorsey Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Dorsey, Illinois

Find Home Foreclosure Listings in Dorsey, IL

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

Our Dorsey Foreclosure Lists

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

You can also search Alton foreclosure listings and Bethalto foreclosure listings for more properties in the neighboring area.



Dorsey, IL

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