Lodi FORECLOSURE LISTINGS

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

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
2 Photos
KENNARD RD Lodi OH 44254 Auctions 3 2 $137,000.00 Details
2
15 Photos
LAFAYETTE RD Lodi OH 44254 Foreclosures 3 2 $99,900.00 Details
3
8 Photos
GAYLORD ST Lodi OH 44254 Foreclosures - - $77,750.00 Details
About our Listings

How to Buy Lodi Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Lodi Foreclosures

How to invest foreclosure

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

Foreclosure home

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

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.

Lodi Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lodi Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lodi Pre-Foreclosures

Foreclosure

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

Lodi Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Lodi, Ohio

Find Home Foreclosure Listings in Lodi, OH

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

Our Lodi Foreclosure Lists

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

You can also search Litchfield foreclosure listings and Medina foreclosure listings for more properties in the neighboring area.



Lodi, OH

As of 2011, Lodi's population is 2,988 people. Since 2000, it has had a population growth of -2. 32 percent. The median home cost in Lodi is $97,000. Home appreciation the last year has been -2. 99 percent. Compared to the rest of the country, Lodi's cost of living is 8. 20% Lower than the U. S. average. Lodi public schools spend $4,238 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 3 students per teacher in Lodi. The unemployment rate in Lodi is 7. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Lodi jobs have Increased by 0. 89 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplelodi, ohUS
Population2,988307,829,557
Pop Density1,31687
Pop Change-2.32%9.34%
Median Age37.536.6
Households1,276116,329,167
Household Size2.332.58
Male Population48.36%49.31%
Female Population51.64%50.69%
Married Population44.69%47.15%
Single Population55.31%52.85%
Estimated Households By Household Incomelodi, ohUS
Income Less Than 15k15.26%12.10%
Income Between 15k And 25k18.47%10.18%
Income Between 25k And 35k15.18%10.56%
Income Between 35k And 50k15.88%14.98%
Income Between 50k And 75k21.05%19.53%
Income Between 75k And 100k8.76%12.52%
Income Between 100k And 150k3.99%12.14%
Income Between 150k And 250k0.86%3.91%
Income Between 250k And 500k0.47%3.34%
Income Greater Than 500k0.08%0.75%
Economylodi, ohUS
Unemployment Rate7.60%9.10%
Recent Job Growth0.89%-0.12%
Future Job Growth34.18%31.25%
Sales Taxes6.50%6.80%
Income Taxes6.87%6.25%
Income Per Cap$19,538$27,067
Household Income$35,944$52,954
Housinglodi, ohUS
Median Home Age44.635.1
Median Home Cost$97,000$175,100
Home Appreciation-2.99%-3.15%
Homes Owned60.98%59.90%
Housing Vacant6.10%10.37%
Homes Rented32.92%29.73%
Property Tax Rate$11.54$11.20
Owner Occupied Housing Units By Valuelodi, ohUS
Less Than 20k6.14%2.65%
20k To 3999910.24%3.76%
40k To 599996.27%4.99%
60k To 7999910.48%6.01%
80k To 9999920.60%7.27%
100k To 14999933.73%19.24%
150k To 19999910.48%14.67%
200k To 2999991.08%18.09%
300k To 3999990.72%9.14%
400k To 4999990.24%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationlodi, ohUS
School Expend$4,238$5,678
Pupil Teacher Ratio16.314.9
Students Per Librarian620803
Students Per Counselor523513
2 Yr College Grad5.53%7.47%
4 Yr College Grad6.90%17.42%
Graduate Degrees1.91%10.12%
High School Grads83.78%84.72%
Crimelodi, ohUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtlodi, ohUS
1999 To 20054.11%13.71%
1995 To 19982.30%8.54%
1990 To 19943.14%5.77%
1980 To 198913.23%13.87%
1970 To 197921.23%16.17%
1960 To 196913.01%11.70%
1950 To 19598.08%11.08%
1940 To 19495.44%6.02%
1939 Or Earlier29.46%13.15%

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