Solon FORECLOSURE LISTINGS

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

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# Photo Address City State Zip Type BD BH Price Details
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GILBLAIR ST Skowhegan ME 04976 Foreclosures 4 2 - Details
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CANAAN RD Hartland ME 04943 Foreclosures 2 1 $40,900.00 Details
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VILLAGE RD Smithfield ME 04978 Foreclosures 4 1 $220,000.00 Details
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ESTES AVE Palmyra ME 04965 Foreclosures 1 1 $25,000.00 Details
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SUMMER CT Pittsfield ME 04967 Foreclosures 4 2 $69,900.00 Details
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OSBORNE ST Fairfield ME 04937 Foreclosures 2 2 $33,900.00 Details
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DAVIS RD Fairfield ME 04937 Foreclosures 2 1 $65,000.00 Details
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HIGH ST Fairfield ME 04937 Foreclosures 3 10 $56,900.00 Details
About our Listings

How to Buy Solon Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Solon Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Solon Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Solon Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Solon Pre-Foreclosures

Foreclosure

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

Solon Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Solon, Maine

Find Home Foreclosure Listings in Solon, ME

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

Our Solon Foreclosure Lists

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

You can also search Fairfield foreclosure listings and Hartland foreclosure listings for more properties in the neighboring area.



Solon, ME

As of 2011, Solon's population is 1,007 people. Since 2000, it has had a population growth of 7. 13 percent. The median home cost in Solon is $98,500. Home appreciation the last year has been -1. 55 percent. Compared to the rest of the country, Solon's cost of living is 7. 60% Lower than the U. S. average. Solon public schools spend $5,188 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 6 students per teacher in Solon. The unemployment rate in Solon is 14. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Solon jobs have Decreased by 0. 38 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplesolon, meUS
Population1,007307,829,557
Pop Density2687
Pop Change7.13%9.34%
Median Age45.636.6
Households449116,329,167
Household Size2.232.58
Male Population51.98%49.31%
Female Population48.02%50.69%
Married Population46.66%47.15%
Single Population53.34%52.85%
Estimated Households By Household Incomesolon, meUS
Income Less Than 15k12.50%12.10%
Income Between 15k And 25k17.86%10.18%
Income Between 25k And 35k15.18%10.56%
Income Between 35k And 50k21.88%14.98%
Income Between 50k And 75k20.54%19.53%
Income Between 75k And 100k8.04%12.52%
Income Between 100k And 150k2.23%12.14%
Income Between 150k And 250k1.56%3.91%
Income Between 250k And 500k0.22%3.34%
Income Greater Than 500k0.00%0.75%
Economysolon, meUS
Unemployment Rate14.20%9.10%
Recent Job Growth-0.38%-0.12%
Future Job Growth25.04%31.25%
Sales Taxes5.00%6.80%
Income Taxes8.50%6.25%
Income Per Cap$19,696$27,067
Household Income$38,063$52,954
Housingsolon, meUS
Median Home Age32.335.1
Median Home Cost$98,500$175,100
Home Appreciation-1.55%-3.15%
Homes Owned54.95%59.90%
Housing Vacant29.67%10.37%
Homes Rented15.38%29.73%
Property Tax Rate$11.93$11.20
Owner Occupied Housing Units By Valuesolon, meUS
Less Than 20k2.86%2.65%
20k To 399995.71%3.76%
40k To 5999910.29%4.99%
60k To 7999920.29%6.01%
80k To 9999916.29%7.27%
100k To 14999928.29%19.24%
150k To 1999998.57%14.67%
200k To 2999994.00%18.09%
300k To 3999991.71%9.14%
400k To 4999990.86%4.94%
500k To 7499990.57%5.42%
750k To 9999990.57%2.03%
1kk Or More0.00%1.77%
Educationsolon, meUS
School Expend$5,188$5,678
Pupil Teacher Ratio11.614.9
Students Per Librarian259803
Students Per Counselor416513
2 Yr College Grad6.01%7.47%
4 Yr College Grad9.80%17.42%
Graduate Degrees7.06%10.12%
High School Grads87.97%84.72%
Crimesolon, meUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtsolon, meUS
1999 To 200510.68%13.71%
1995 To 19989.08%8.54%
1990 To 19948.03%5.77%
1980 To 198919.94%13.87%
1970 To 197913.97%16.17%
1960 To 19697.22%11.70%
1950 To 19593.77%11.08%
1940 To 19492.04%6.02%
1939 Or Earlier25.27%13.15%

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