Thorndike FORECLOSURE LISTINGS

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

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
1 -
0 Photo
FULLER DR Searsmont ME 04973 Foreclosures 3 2 $90,000.00 Details
2
16 Photos
E EAGLE LN Belfast ME 04915 Foreclosures 4 3 $198,900.00 Details
3
4 Photos
SPRING BROOK DR Belfast ME 04915 Foreclosures 3 2 $79,000.00 Details
4
9 Photos
HARVEY RD Belfast ME 04915 Foreclosures 3 2 $90,000.00 Details
5 -
0 Photo
MAIN ST Stockton Springs ME 04981 Foreclosures - - - Details
6
16 Photos
CAMPBELL DR Lincolnville ME 04849 Foreclosures 4 2.5 $245,900.00 Details
About our Listings

How to Buy Thorndike Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Thorndike, ME starts with finding listings. By browsing Thorndike 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 Thorndike, ME.

>> See more info about how to Buy foreclosures

How to Invest in Thorndike Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Maine Foreclosure Laws

Foreclosure law

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

Thorndike Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Thorndike Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Thorndike Pre-Foreclosures

Foreclosure

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

Thorndike Foreclosure Auctions

Foreclosure Auction

Most Thorndike 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 Thorndike, 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 Thorndike, ME. We offer a comprehensive Thorndike foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Thorndike, Maine

Find Home Foreclosure Listings in Thorndike, ME

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

Our Thorndike Foreclosure Lists

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

You can also search Lincolnville foreclosure listings and Belfast foreclosure listings for more properties in the neighboring area.



Thorndike, ME

As of 2011, Thorndike's population is 808 people. Since 2000, it has had a population growth of 13. 32 percent. The median home cost in Thorndike is $117,300. Home appreciation the last year has been -1. 54 percent. Compared to the rest of the country, Thorndike's cost of living is 4. 70% Lower than the U. S. average. Thorndike public schools spend $7,865 per student. The average school expenditure in the U. S. is $5,678. There are about 9. 9 students per teacher in Thorndike. The unemployment rate in Thorndike is 10. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Thorndike jobs have Decreased by 1. 36 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplethorndike, meUS
Population808307,829,557
Pop Density3187
Pop Change13.32%9.34%
Median Age40.836.6
Households329116,329,167
Household Size2.442.58
Male Population50.37%49.31%
Female Population49.63%50.69%
Married Population53.61%47.15%
Single Population46.39%52.85%
Estimated Households By Household Incomethorndike, meUS
Income Less Than 15k13.94%12.10%
Income Between 15k And 25k18.48%10.18%
Income Between 25k And 35k20.91%10.56%
Income Between 35k And 50k14.85%14.98%
Income Between 50k And 75k19.09%19.53%
Income Between 75k And 100k6.97%12.52%
Income Between 100k And 150k5.46%12.14%
Income Between 150k And 250k0.00%3.91%
Income Between 250k And 500k0.30%3.34%
Income Greater Than 500k0.00%0.75%
Economythorndike, meUS
Unemployment Rate10.20%9.10%
Recent Job Growth-1.36%-0.12%
Future Job Growth27.08%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income Per Cap$18,537$27,067
Household Income$33,264$52,954
Housingthorndike, meUS
Median Home Age27.835.1
Median Home Cost$117,300$175,100
Home Appreciation-1.54%-3.15%
Homes Owned64.63%59.90%
Housing Vacant16.03%10.37%
Homes Rented19.34%29.73%
Property Tax Rate$12.50$11.20
Owner Occupied Housing Units By Valuethorndike, meUS
Less Than 20k2.76%2.65%
20k To 399997.09%3.76%
40k To 599999.45%4.99%
60k To 799991.57%6.01%
80k To 9999913.39%7.27%
100k To 14999941.73%19.24%
150k To 19999912.99%14.67%
200k To 2999995.51%18.09%
300k To 3999993.54%9.14%
400k To 4999991.18%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.79%1.77%
Educationthorndike, meUS
School Expend$7,865$5,678
Pupil Teacher Ratio9.914.9
Students Per Librarian258803
Students Per Counselor283513
2 Yr College Grad8.67%7.47%
4 Yr College Grad15.25%17.42%
Graduate Degrees3.98%10.12%
High School Grads89.60%84.72%
Crimethorndike, meUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtthorndike, meUS
1999 To 200515.78%13.71%
1995 To 199811.60%8.54%
1990 To 19947.23%5.77%
1980 To 198918.83%13.87%
1970 To 197917.30%16.17%
1960 To 19697.63%11.70%
1950 To 19593.82%11.08%
1940 To 19490.51%6.02%
1939 Or Earlier17.30%13.15%

Table Information