New Orleans FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in New Orleans, Louisiana.

Featured Foreclosure Listings in New Orleans, LA

New Orleans Home Foreclosure Listing ID: 1898885

Foreclosure

New Orleans, LA - 70117

2 Bd | 2 Ba | $24,900.00

New Orleans Home Foreclosure Listing ID: 1974004

Foreclosure

New Orleans, LA - 70128

3 Bd | 2 Ba | $84,900.00

New Orleans Home Foreclosure Listing ID: 2054684

Foreclosure

New Orleans, LA - 70117

2 Bd | 1 Ba | $174,900.00

New Orleans Home Foreclosure Listing ID: 2024775

Foreclosure

New Orleans, LA - 70126

5 Bd | 3 Ba | $191,900.00

New Orleans Home Foreclosure Listing ID: 1545191

Foreclosure

New Orleans, LA - 70130

2 Bd | 2 Ba | $264,900.00

Total: 115
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
1 Photo
EDINBURGH ST New Orleans LA 70118 Foreclosures 3 1 $55,000.00 Details
2
6 Photos
FLOOD ST New Orleans LA 70117 Foreclosures 5 3 $48,000.00 Details
3
3 Photos
CRESTMONT RD New Orleans LA 70126 Foreclosures 3 2 $46,500.00 Details
4
3 Photos
N RAMPART ST New Orleans LA 70112 Foreclosures 1 1 $124,900.00 Details
5
27 Photos
LAVENDER ST New Orleans LA 70122 Foreclosures 2 1 $68,900.00 Details
6
1 Photo
CANTON ST New Orleans LA 70121 Foreclosures 2 1 $149,900.00 Details
7
1 Photo
TCHOUPITOULAS ST # 17 New Orleans LA 70115 Foreclosures 6 4.2 $346,500.00 Details
8
8 Photos
RIVER OAKS DR New Orleans LA 70131 Foreclosures 3 1 $59,900.00 Details
9
3 Photos
SOCRATES ST New Orleans LA 70114 Foreclosures 3 2 $30,000.00 Details
10
8 Photos
SULLEN PL New Orleans LA 70131 Foreclosures 3 2 $89,895.00 Details
11
1 Photo
KINNEIL RD New Orleans LA 70127 Foreclosures 4 2 $134,900.00 Details
12
12 Photos
BRIGHT DR New Orleans LA 70127 Foreclosures 3 2 $43,000.00 Details
13
5 Photos
CASTLEWOOD DR New Orleans LA 70127 Foreclosures 4 2 $25,900.00 Details
14
17 Photos
TARA LN New Orleans LA 70127 Foreclosures 8 2 $49,898.00 Details
15
1 Photo
LAKEVIEW CT New Orleans LA 70126 Foreclosures 3 2 $18,000.00 Details
16
2 Photos
AURORA OAKS DR New Orleans LA 70131 Foreclosures 4 2 $102,900.00 Details
17
2 Photos
PARKSIDE CT New Orleans LA 70127 Foreclosures 4 2.5 $219,900.00 Details
18
2 Photos
S LOPEZ ST New Orleans LA 70125 Foreclosures 3 1 $19,900.00 Details
19
9 Photos
LANCELOT DR New Orleans LA 70127 Foreclosures 3 1 $19,900.00 Details
20
19 Photos
N HOMESTEAD DR New Orleans LA 70114 Foreclosures 3 2 $41,065.00 Details
About our Listings

How to Buy New Orleans Foreclosures

How to buy foreclosures

Buying real estate foreclosures in New Orleans, LA starts with finding listings. By browsing New Orleans 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 New Orleans, LA.

>> See more info about how to Buy foreclosures

How to Invest in New Orleans Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Louisiana Foreclosure Laws

Foreclosure law

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

New Orleans Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

New Orleans Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

New Orleans Pre-Foreclosures

Foreclosure

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

New Orleans Foreclosure Auctions

Foreclosure Auction

Most New Orleans 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 New Orleans, 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 New Orleans, LA. We offer a comprehensive New Orleans foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in New Orleans, Louisiana

Find Home Foreclosure Listings in New Orleans, LA

New Orleans 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 New Orleans, LA 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 New Orleans Louisiana, best affordable foreclosure condo in New Orleans, cheap apartments for sale, bargain foreclosed homes for sale in New Orleans, LA and earn huge savings on the homes YOU want to buy!

Our New Orleans Foreclosure Lists

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



New Orleans, LA

As of 2011, New Orleans's population is 357,982 people. Since 2000, it has had a population growth of -26. 07 percent. The median home cost in New Orleans is $178,500. Home appreciation the last year has been -1. 41 percent. Compared to the rest of the country, New Orleans's cost of living is 3. 10% Lower than the U. S. average. New Orleans public schools spend $13,288 per student. The average school expenditure in the U. S. is $5,678. There are about 18. 4 students per teacher in New Orleans. The unemployment rate in New Orleans is 9. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. New Orleans jobs have Increased by 0. 76 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peoplenew-orleans, laUS
Population357,982307,829,557
Pop Density1,74687
Pop Change-26.07%9.34%
Median Age38.736.6
Households141,448116,329,167
Household Size2.452.58
Male Population46.66%49.31%
Female Population53.34%50.69%
Married Population23.74%47.15%
Single Population76.26%52.85%
Estimated Households By Household Incomenew-orleans, laUS
Income Less Than 15k22.02%12.10%
Income Between 15k And 25k12.76%10.18%
Income Between 25k And 35k10.91%10.56%
Income Between 35k And 50k14.27%14.98%
Income Between 50k And 75k15.52%19.53%
Income Between 75k And 100k8.90%12.52%
Income Between 100k And 150k8.44%12.14%
Income Between 150k And 250k3.08%3.91%
Income Between 250k And 500k3.17%3.34%
Income Greater Than 500k0.92%0.75%
Economynew-orleans, laUS
Unemployment Rate9.10%9.10%
Recent Job Growth0.76%-0.12%
Future Job Growth32.42%31.25%
Sales Taxes9.00%6.80%
Income Taxes6.00%6.25%
Income Per Cap$24,492$27,067
Household Income$39,700$52,954
Housingnew-orleans, laUS
Median Home Age57.435.1
Median Home Cost$178,500$175,100
Home Appreciation-1.41%-3.15%
Homes Owned47.55%59.90%
Housing Vacant9.32%10.37%
Homes Rented43.12%29.73%
Property Tax Rate$2.28$11.20
Owner Occupied Housing Units By Valuenew-orleans, laUS
Less Than 20k0.51%2.65%
20k To 399991.21%3.76%
40k To 599992.11%4.99%
60k To 799994.24%6.01%
80k To 999996.28%7.27%
100k To 14999925.49%19.24%
150k To 19999920.75%14.67%
200k To 29999916.52%18.09%
300k To 3999999.10%9.14%
400k To 4999994.61%4.94%
500k To 7499994.92%5.42%
750k To 9999992.32%2.03%
1kk Or More1.94%1.77%
Educationnew-orleans, laUS
School Expend$13,288$5,678
Pupil Teacher Ratio18.414.9
Students Per Librarian1291803
Students Per Counselor293513
2 Yr College Grad3.79%7.47%
4 Yr College Grad16.22%17.42%
Graduate Degrees11.57%10.12%
High School Grads82.19%84.72%
Crimenew-orleans, laUS
Violent Crime104
Property Crime94
Housing Units By Year Structure Builtnew-orleans, laUS
1999 To 20055.75%13.71%
1995 To 19982.02%8.54%
1990 To 19941.39%5.77%
1980 To 19897.47%13.87%
1970 To 197911.61%16.17%
1960 To 196912.75%11.70%
1950 To 195912.36%11.08%
1940 To 194912.82%6.02%
1939 Or Earlier33.83%13.15%

Table Information

New Orleans Areas