Jamaica FORECLOSURE LISTINGS

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

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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25 Photos
MAIN ST Bagley IA 50026 Foreclosures 2 1 $59,000.00 Details
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2ND ST Bayard IA 50029 Foreclosures 2 1 $16,000.00 Details
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23 Photos
NW 2ND ST Stuart IA 50250 Foreclosures 4 1 $138,500.00 Details
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SW 4TH ST Stuart IA 50250 Foreclosures 3 2 $46,000.00 Details
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N FREMONT ST Stuart IA 50250 Foreclosures 3 1 $16,400.00 Details
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E 1ST ST Casey IA 50048 Foreclosures 3 2 $15,700.00 Details
About our Listings

How to Buy Jamaica Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Jamaica, IA starts with finding listings. By browsing Jamaica 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 Jamaica, IA.

>> See more info about how to Buy foreclosures

How to Invest in Jamaica Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Iowa Foreclosure Laws

Foreclosure law

Iowa 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 Jamaica 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 Jamaica REO properties.

Jamaica Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Jamaica Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Jamaica Pre-Foreclosures

Foreclosure

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

Jamaica Foreclosure Auctions

Foreclosure Auction

Most Jamaica 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 Jamaica, 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 Jamaica, IA. We offer a comprehensive Jamaica foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Jamaica, Iowa

Find Home Foreclosure Listings in Jamaica, IA

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

Our Jamaica Foreclosure Lists

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

You can also search Bagley foreclosure listings and Bayard foreclosure listings for more properties in the neighboring area.



Jamaica, IA

As of 2011, Jamaica's population is 248 people. Since 2000, it has had a population growth of 4. 64 percent. The median home cost in Jamaica is $112,500. Home appreciation the last year has been -0. 28 percent. Compared to the rest of the country, Jamaica's cost of living is 14. 90% Lower than the U. S. average. Jamaica public schools spend $4,575 per student. The average school expenditure in the U. S. is $5,678. There are about 11. 8 students per teacher in Jamaica. The unemployment rate in Jamaica is 8. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Jamaica jobs have Increased by 0. 65 percent. Average Commute time is 33 minutes. The National Average is 28 minutes.

Peoplejamaica, iaUS
Population248307,829,557
Pop Density53287
Pop Change4.64%9.34%
Median Age42.636.6
Households103116,329,167
Household Size2.422.58
Male Population49.60%49.31%
Female Population50.40%50.69%
Married Population68.00%47.15%
Single Population32.00%52.85%
Estimated Households By Household Incomejamaica, iaUS
Income Less Than 15k9.71%12.10%
Income Between 15k And 25k9.71%10.18%
Income Between 25k And 35k9.71%10.56%
Income Between 35k And 50k15.53%14.98%
Income Between 50k And 75k21.36%19.53%
Income Between 75k And 100k14.56%12.52%
Income Between 100k And 150k12.62%12.14%
Income Between 150k And 250k2.91%3.91%
Income Between 250k And 500k2.91%3.34%
Income Greater Than 500k0.97%0.75%
Economyjamaica, iaUS
Unemployment Rate8.70%9.10%
Recent Job Growth0.65%-0.12%
Future Job Growth32.60%31.25%
Sales Taxes7.00%6.80%
Income Taxes8.98%6.25%
Income Per Cap$29,743$27,067
Household Income$56,437$52,954
Housingjamaica, iaUS
Median Home Age35.135.1
Median Home Cost$112,500$175,100
Home Appreciation-0.28%-3.15%
Homes Owned64.71%59.90%
Housing Vacant24.26%10.37%
Homes Rented11.03%29.73%
Property Tax Rate$11.46$11.20
Owner Occupied Housing Units By Valuejamaica, iaUS
Less Than 20k4.55%2.65%
20k To 399997.95%3.76%
40k To 5999910.23%4.99%
60k To 7999914.77%6.01%
80k To 999999.09%7.27%
100k To 14999917.05%19.24%
150k To 1999999.09%14.67%
200k To 29999914.77%18.09%
300k To 3999995.68%9.14%
400k To 4999993.41%4.94%
500k To 7499993.41%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationjamaica, iaUS
School Expend$4,575$5,678
Pupil Teacher Ratio11.814.9
Students Per Librarian293803
Students Per Counselor410513
2 Yr College Grad9.88%7.47%
4 Yr College Grad15.70%17.42%
Graduate Degrees4.65%10.12%
High School Grads91.86%84.72%
Crimejamaica, iaUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtjamaica, iaUS
1999 To 200514.71%13.71%
1995 To 19986.82%8.54%
1990 To 19945.68%5.77%
1980 To 198911.76%13.87%
1970 To 197922.06%16.17%
1960 To 19693.68%11.70%
1950 To 19592.94%11.08%
1940 To 19492.21%6.02%
1939 Or Earlier30.15%13.15%

Table Information