Springfield FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Springfield, TN

Springfield Home Foreclosure Listing ID: 2152729

Foreclosure

Springfield, TN - 37172

3 Bd | 2 Ba | $50,000.00

Springfield Home Foreclosure Listing ID: 2135853

Foreclosure

Springfield, TN - 37172

3 Bd | 2 Ba | $54,900.00

Springfield Home Foreclosure Listing ID: 2152819

Foreclosure

Springfield, TN - 37172

3 Bd | 1 Ba | $58,000.00

Springfield Home Foreclosure Listing ID: 1542196

Foreclosure

Springfield, TN - 37172

4 Bd | 3 Ba | $84,900.00

Springfield Home Foreclosure Listing ID: 2152844

Foreclosure

Springfield, TN - 37172

3 Bd | 3.1 Ba | $170,000.00

Total: 35
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
29 Photos
BLACKPATCH DR Springfield TN 37172 Foreclosures 4 2 $95,500.00 Details
2
12 Photos
WALNUT ST Springfield TN 37172 Foreclosures 2 1 $39,900.00 Details
3
2 Photos
CRANOR RD Springfield TN 37172 Foreclosures 2 1 $29,900.00 Details
4
2 Photos
5TH AVE E Springfield TN 37172 Foreclosures 3 2 $94,500.00 Details
5
5 Photos
MOUNT ZION RD Springfield TN 37172 Foreclosures 3 2 $279,900.00 Details
6
41 Photos
LARAMIE DR Springfield TN 37172 Foreclosures 3 2 $93,000.00 Details
7
3 Photos
MEADOWBROOK DR Springfield TN 37172 Foreclosures 4 3 $84,900.00 Details
8
13 Photos
OLD NEW CUT RD Springfield TN 37172 Foreclosures 3 2 $50,000.00 Details
9
2 Photos
S HILLWOOD CT Springfield TN 37172 Foreclosures 3 2 $99,900.00 Details
10
10 Photos
10TH AVE E Springfield TN 37172 Foreclosures 3 1 $58,000.00 Details
11
1 Photo
FLEWELLYN RD Springfield TN 37172 Foreclosures 3 2 $54,900.00 Details
12
3 Photos
LEOTA ST Springfield TN 37172 Foreclosures 2 1 $17,500.00 Details
13
13 Photos
OWENS CHAPEL RD Springfield TN 37172 Foreclosures 4 2 $114,900.00 Details
14
14 Photos
DOUTHITT LN Springfield TN 37172 Foreclosures 3 3.1 $170,000.00 Details
15
10 Photos
WESTMINSTER LN Springfield TN 37172 Foreclosures 3 2 $92,000.00 Details
16
13 Photos
WEAVER LN Springfield TN 37172 Foreclosures 3 2 $71,000.00 Details
17
5 Photos
GOLFVIEW LN Springfield TN 37172 Foreclosures 4 2 $129,900.00 Details
18
12 Photos
19TH AVE W Springfield TN 37172 Foreclosures 3 2 $44,900.00 Details
19
2 Photos
OWENS CHAPEL RD Springfield TN 37172 Foreclosures 3 2 $149,000.00 Details
20
59 Photos
WINDLAND DR Springfield TN 37172 Auctions 3 3 - Details
About our Listings

How to Buy Springfield Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Springfield, TN starts with finding listings. By browsing Springfield 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 Springfield, TN.

>> See more info about how to Buy foreclosures

How to Invest in Springfield Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Tennessee Foreclosure Laws

Foreclosure law

Tennessee real estate foreclosures generally are non-judicial foreclosures, meaning that real estate brokers are allowed to pursue a foreclosure on a homeowner in default without first getting a court approval. Before distressed properties in Tennessee can be sold as foreclosure houses, a lender must issue a Notice of Default and give the homeowner 60 days to pay their debt. After that time, a sale can be scheduled for no less than 21 days in the future. If a home does not sell at auction, the lender takes control of the property; these are known as Tennessee REO properties.

Springfield Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Springfield Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Springfield Pre-Foreclosures

Foreclosure

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

Springfield Foreclosure Auctions

Foreclosure Auction

Most Springfield 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 Springfield, 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 Springfield, TN. We offer a comprehensive Springfield foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Springfield, Tennessee

Find Home Foreclosure Listings in Springfield, TN

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

Our Springfield Foreclosure Lists

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

You can also search Greenbrier foreclosure listings and White House foreclosure listings for more properties in the neighboring area.



Springfield, TN

As of 2011, Springfield's population is 17,978 people. Since 2000, it has had a population growth of 25. 49 percent. The median home cost in Springfield is $122,900. Home appreciation the last year has been -1. 67 percent. Compared to the rest of the country, Springfield's cost of living is 11. 50% Lower than the U. S. average. Springfield public schools spend $4,270 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 8 students per teacher in Springfield. The unemployment rate in Springfield is 8. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Springfield jobs have Increased by 2. 34 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peoplespringfield, tnUS
Population17,978307,829,557
Pop Density1,42387
Pop Change25.49%9.34%
Median Age34.736.6
Households6,842116,329,167
Household Size2.572.58
Male Population49.02%49.31%
Female Population50.98%50.69%
Married Population41.20%47.15%
Single Population58.80%52.85%
Estimated Households By Household Incomespringfield, tnUS
Income Less Than 15k18.74%12.10%
Income Between 15k And 25k13.83%10.18%
Income Between 25k And 35k12.80%10.56%
Income Between 35k And 50k15.91%14.98%
Income Between 50k And 75k19.08%19.53%
Income Between 75k And 100k8.72%12.52%
Income Between 100k And 150k7.24%12.14%
Income Between 150k And 250k1.43%3.91%
Income Between 250k And 500k1.98%3.34%
Income Greater Than 500k0.28%0.75%
Economyspringfield, tnUS
Unemployment Rate8.50%9.10%
Recent Job Growth2.34%-0.12%
Future Job Growth36.18%31.25%
Sales Taxes9.75%6.80%
Income Taxes0.00%6.25%
Income Per Cap$20,368$27,067
Household Income$39,380$52,954
Housingspringfield, tnUS
Median Home Age28.735.1
Median Home Cost$122,900$175,100
Home Appreciation-1.67%-3.15%
Homes Owned53.81%59.90%
Housing Vacant6.94%10.37%
Homes Rented39.25%29.73%
Property Tax Rate$6.93$11.20
Owner Occupied Housing Units By Valuespringfield, tnUS
Less Than 20k1.92%2.65%
20k To 399992.88%3.76%
40k To 599995.09%4.99%
60k To 799998.70%6.01%
80k To 9999916.44%7.27%
100k To 14999932.66%19.24%
150k To 19999915.69%14.67%
200k To 29999911.20%18.09%
300k To 3999993.05%9.14%
400k To 4999991.39%4.94%
500k To 7499990.61%5.42%
750k To 9999990.18%2.03%
1kk Or More0.20%1.77%
Educationspringfield, tnUS
School Expend$4,270$5,678
Pupil Teacher Ratio16.814.9
Students Per Librarian676803
Students Per Counselor555513
2 Yr College Grad4.22%7.47%
4 Yr College Grad7.46%17.42%
Graduate Degrees4.79%10.12%
High School Grads72.10%84.72%
Crimespringfield, tnUS
Violent Crime94
Property Crime64
Housing Units By Year Structure Builtspringfield, tnUS
1999 To 200521.40%13.71%
1995 To 19987.44%8.54%
1990 To 19947.52%5.77%
1980 To 198915.11%13.87%
1970 To 197912.35%16.17%
1960 To 196913.69%11.70%
1950 To 19598.35%11.08%
1940 To 19494.32%6.02%
1939 Or Earlier9.83%13.15%

Table Information