Scio FORECLOSURE LISTINGS

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

Total: 1
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
1 Photo
BEAVER DAM RD Scio OH 43988 Foreclosures 2 1 $82,400.00 Details
About our Listings

How to Buy Scio Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Scio, OH starts with finding listings. By browsing Scio 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 Scio, OH.

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How to Invest in Scio Foreclosures

How to invest foreclosure

Scio 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 Scio real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Scio 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 Scio foreclosure short sales, wait for the right property at the right price.

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Types of Foreclosures in Scio

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Scio 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 Scio, OH. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Scio apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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Ohio Foreclosure Laws

Foreclosure law

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

Scio Banks Foreclosures

Bank Foreclosure

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

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Scio Government Foreclosures

Government Foreclosure

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

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Scio Pre-Foreclosures

Foreclosure

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

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Scio Foreclosure Auctions

Foreclosure Auction

Most Scio 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 Scio, 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 Scio, OH. We offer a comprehensive Scio foreclosure auction listings.

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Top Zip Codes in Scio, Ohio

Find Home Foreclosure Listings in Scio, OH

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

Our Scio Foreclosure Lists

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

You can also search Jewett foreclosure listings and Freeport foreclosure listings for more properties in the neighboring area.



Scio, OH

As of 2011, Scio's population is 740 people. Since 2000, it has had a population growth of -7. 38 percent. The median home cost in Scio is $85,900. Home appreciation the last year has been -2. 08 percent. Compared to the rest of the country, Scio's cost of living is 14. 20% Lower than the U. S. average. Scio public schools spend $4,724 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 6 students per teacher in Scio. The unemployment rate in Scio is 11. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Scio jobs have Decreased by 2. 66 percent. Average Commute time is 30 minutes. The National Average is 28 minutes.

Peoplescio, ohUS
Population740307,829,557
Pop Density1,30887
Pop Change-7.38%9.34%
Median Age45.136.6
Households337116,329,167
Household Size2.192.58
Male Population48.45%49.31%
Female Population51.55%50.69%
Married Population53.77%47.15%
Single Population46.23%52.85%
Estimated Households By Household Incomescio, ohUS
Income Less Than 15k16.86%12.10%
Income Between 15k And 25k16.86%10.18%
Income Between 25k And 35k13.61%10.56%
Income Between 35k And 50k22.49%14.98%
Income Between 50k And 75k16.27%19.53%
Income Between 75k And 100k6.80%12.52%
Income Between 100k And 150k4.14%12.14%
Income Between 150k And 250k0.89%3.91%
Income Between 250k And 500k1.78%3.34%
Income Greater Than 500k0.30%0.75%
Economyscio, ohUS
Unemployment Rate11.30%9.10%
Recent Job Growth-2.66%-0.12%
Future Job Growth23.38%31.25%
Sales Taxes7.00%6.80%
Income Taxes7.87%6.25%
Income Per Cap$21,499$27,067
Household Income$36,817$52,954
Housingscio, ohUS
Median Home Age57.635.1
Median Home Cost$85,900$175,100
Home Appreciation-2.08%-3.15%
Homes Owned63.98%59.90%
Housing Vacant14.86%10.37%
Homes Rented21.16%29.73%
Property Tax Rate$9.40$11.20
Owner Occupied Housing Units By Valuescio, ohUS
Less Than 20k5.12%2.65%
20k To 399999.06%3.76%
40k To 5999915.75%4.99%
60k To 7999920.47%6.01%
80k To 9999917.72%7.27%
100k To 14999920.08%19.24%
150k To 1999996.69%14.67%
200k To 2999993.94%18.09%
300k To 3999990.39%9.14%
400k To 4999990.39%4.94%
500k To 7499990.39%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationscio, ohUS
School Expend$4,724$5,678
Pupil Teacher Ratio17.614.9
Students Per Librarian446803
Students Per Counselor684513
2 Yr College Grad6.04%7.47%
4 Yr College Grad4.95%17.42%
Graduate Degrees3.48%10.12%
High School Grads86.27%84.72%
Crimescio, ohUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtscio, ohUS
1999 To 20051.26%13.71%
1995 To 19982.16%8.54%
1990 To 19941.37%5.77%
1980 To 198912.34%13.87%
1970 To 197914.11%16.17%
1960 To 19699.57%11.70%
1950 To 195911.08%11.08%
1940 To 19495.79%6.02%
1939 Or Earlier42.32%13.15%

Table Information