Racine FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Racine, WI

Racine Home Foreclosure Listing ID: 2058472

Foreclosure

Racine, WI - 53403

2 Bd | 1 Ba | $12,000.00

Racine Home Foreclosure Listing ID: 2163738

Foreclosure

Racine, WI - 53403

2 Bd | 1 Ba | $22,900.00

Racine Home Foreclosure Listing ID: 2154650

Foreclosure

Racine, WI - 53404

2 Bd | 1 Ba | $40,000.00

Racine Home Foreclosure Listing ID: 2163720

Foreclosure

Racine, WI - 53402

3 Bd | 1 Ba | $65,000.00

Racine Home Foreclosure Listing ID: 2040904

Foreclosure

Racine, WI - 53404

3 Bd | 1 Ba | $83,700.00

Total: 56
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
1 Photo
HAGERER ST Racine WI 53402 Foreclosures 4 2 $34,900.00 Details
2
1 Photo
RAPIDS DR Racine WI 53404 Foreclosures 3 1 $32,900.00 Details
3
19 Photos
LUEDTKE AVE Racine WI 53405 Foreclosures 2 1 $33,000.00 Details
4
7 Photos
LINDEN AVE Racine WI 53403 Foreclosures 3 1 $27,000.00 Details
5
3 Photos
LASALLE ST Racine WI 53402 Foreclosures 1 1 $49,900.00 Details
6
13 Photos
BER WIL DR Racine WI 53402 Foreclosures 3 2 $141,700.00 Details
7
1 Photo
TAYLOR AVE Racine WI 53403 Foreclosures 3 1 $29,000.00 Details
8
26 Photos
SAINT CLAIR ST Racine WI 53402 Foreclosures 4 2 $89,000.00 Details
9
7 Photos
SANTA FE TRL Racine WI 53404 Foreclosures 3 1 $83,700.00 Details
10
11 Photos
DR MARTIN LUTHER KING DR Racine WI 53404 Foreclosures 4 2 $24,900.00 Details
11
1 Photo
RIVER MEADOWS TURN Racine WI 53402 Foreclosures 4 2.5 $195,000.00 Details
12
1 Photo
BIRCH ST Racine WI 53403 Foreclosures 2 1 $12,000.00 Details
13
6 Photos
BIRCH ST Racine WI 53403 Foreclosures 2 1 $22,900.00 Details
14
14 Photos
SOUTH ST Racine WI 53402 Foreclosures 2 1 $43,900.00 Details
15
24 Photos
WEST BLVD Racine WI 53405 Foreclosures 2 1 $35,900.00 Details
16
27 Photos
COLLEGE AVENUE Racine WI 53403 Foreclosures 8 4 $36,750.00 Details
17
1 Photo
KENTUCKY ST Racine WI 53405 Foreclosures 3 1 $57,900.00 Details
18
8 Photos
KENTUCKY ST Racine WI 53405 Foreclosures 2 1 $128,000.00 Details
19
8 Photos
8TH AVE Racine WI 53402 Foreclosures 3 1 $65,000.00 Details
20
14 Photos
BOYD AVE Racine WI 53405 Foreclosures 3 1 $37,500.00 Details
About our Listings

How to Buy Racine Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Racine, WI starts with finding listings. By browsing Racine 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 Racine, WI.

>> See more info about how to Buy foreclosures

How to Invest in Racine Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Wisconsin Foreclosure Laws

Foreclosure law

Wisconsin real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in Racine have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are Racine REO properties.

Racine Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Racine Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Racine Pre-Foreclosures

Foreclosure

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

Racine Foreclosure Auctions

Foreclosure Auction

Most Racine 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 Racine, 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 Racine, WI. We offer a comprehensive Racine foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Racine, Wisconsin

Find Home Foreclosure Listings in Racine, WI

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

Our Racine Foreclosure Lists

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

You can also search Waterford foreclosure listings and Burlington foreclosure listings for more properties in the neighboring area.



Racine, WI

As of 2011, Racine's population is 80,909 people. Since 2000, it has had a population growth of -1. 25 percent. The median home cost in Racine is $122,100. Home appreciation the last year has been -4. 83 percent. Compared to the rest of the country, Racine's cost of living is 10. 80% Lower than the U. S. average. Racine public schools spend $6,441 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 6 students per teacher in Racine. The unemployment rate in Racine is 14. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Racine jobs have Decreased by 1. 94 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peopleracine, wiUS
Population80,909307,829,557
Pop Density5,00787
Pop Change-1.25%9.34%
Median Age35.536.6
Households31,693116,329,167
Household Size2.482.58
Male Population49.21%49.31%
Female Population50.79%50.69%
Married Population39.56%47.15%
Single Population60.44%52.85%
Estimated Households By Household Incomeracine, wiUS
Income Less Than 15k14.46%12.10%
Income Between 15k And 25k14.26%10.18%
Income Between 25k And 35k13.45%10.56%
Income Between 35k And 50k17.47%14.98%
Income Between 50k And 75k21.78%19.53%
Income Between 75k And 100k10.36%12.52%
Income Between 100k And 150k6.26%12.14%
Income Between 150k And 250k0.89%3.91%
Income Between 250k And 500k0.95%3.34%
Income Greater Than 500k0.14%0.75%
Economyracine, wiUS
Unemployment Rate14.10%9.10%
Recent Job Growth-1.94%-0.12%
Future Job Growth22.02%31.25%
Sales Taxes5.10%6.80%
Income Taxes6.75%6.25%
Income Per Cap$20,075$27,067
Household Income$41,708$52,954
Housingracine, wiUS
Median Home Age58.435.1
Median Home Cost$122,100$175,100
Home Appreciation-4.83%-3.15%
Homes Owned55.72%59.90%
Housing Vacant8.15%10.37%
Homes Rented36.12%29.73%
Property Tax Rate$21.63$11.20
Owner Occupied Housing Units By Valueracine, wiUS
Less Than 20k0.26%2.65%
20k To 399991.53%3.76%
40k To 599994.22%4.99%
60k To 799996.16%6.01%
80k To 9999912.38%7.27%
100k To 14999954.03%19.24%
150k To 19999913.52%14.67%
200k To 2999995.79%18.09%
300k To 3999991.12%9.14%
400k To 4999990.38%4.94%
500k To 7499990.43%5.42%
750k To 9999990.11%2.03%
1kk Or More0.06%1.77%
Educationracine, wiUS
School Expend$6,441$5,678
Pupil Teacher Ratio17.614.9
Students Per Librarian711803
Students Per Counselor527513
2 Yr College Grad7.32%7.47%
4 Yr College Grad11.94%17.42%
Graduate Degrees5.75%10.12%
High School Grads82.26%84.72%
Crimeracine, wiUS
Violent Crime64
Property Crime74
Housing Units By Year Structure Builtracine, wiUS
1999 To 20055.61%13.71%
1995 To 19981.29%8.54%
1990 To 19942.19%5.77%
1980 To 19893.13%13.87%
1970 To 19798.91%16.17%
1960 To 196913.51%11.70%
1950 To 195919.45%11.08%
1940 To 194911.27%6.02%
1939 Or Earlier34.63%13.15%

Table Information