Idaho Foreclosure Homes
If you are looking to real estate for sale, have you considered examining Idaho foreclosure homes? Idaho, like the rest of the nation, has had a varied level of foreclosures over the years. Though the economy can ultimately dictate how many foreclosure properties are available as well as their prices, there are still foreclosure homes on the market.
Idaho Foreclosure Homes
|All Listings||Under $100,000||$100,000 - $200,000|
|$200,000 - $300,000||$300,000 - $400,000|
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2302 Independence Street, Caldwell, ID - $200,000
Single Level Home Located On A Cul-de-sac. Easy Freeway Access. Large Living Room. Three Bedrooms, Two Baths, Three Car Garage. Enjoy The Enclosed Heated Patio Overlooking The Back Yard.Coldwell Banker Tomlinson -Nampa
319 Ridgeway Drive, Twin Falls, ID - $119,950
3 Bedroom, 2 Bath Townhome With Attached 2 Car Garage. Master Bath Has A Walk-in Tub. Home Has Gas Heat With Central Air, Vinyl Siding, & Fenced Back Yard. Located Close To Csi, Schools And Hospital. Disclosure: The Following Flood Zone Informa...Gem State Realty-TF
1534 Ponderosa Street, Twin Falls, ID - $112,000
Handyman Special! Great Investment Property With Potential. 3 Bedroom Home On Mature Landscaped Lot. Single Level “diamond In The Rough” Waiting For Your Finishing Touches.Coldwell Banker Tomlinson - Boise/Capitol
212 23rd Avenue South, Nampa, ID - $64,900
Great Opportunity! 2 Bedrooms Plus Upstairs Bonus Room. Unfinished Basement With Exterior Access From Back Porch. "shed" In Backyard Could Easily Be Converted Back To Detached Garage. Mostly Fenced Backyard. Great Nampa Location. **seller Will Not...Berkshire Hathaway HomeServices Silverhawk Realty
2436 E Nikki Court, Meridian, ID - $399,900
Single Level 4 Bedroom Split Bedroom Design On A Corner Lot And Conveniently Located Close To Shopping, Dining, And Entertainment. Interior Offers Open Kitchen To Dining And Living Room Completed With A Stone Accented Gas Fireplace And Mantel. Kit...RE/MAX Executives
20 Lazy J Drive, Garden Valley, ID - $202,900
- 3 Beds
- 1½ Baths
- 2,098 SQFT
- 30 DOM
Here Is A Great Opportunity For A Handyman! This Is A 3 Or 4 Bedroom Cabin On 1.13 Useable Acres Close To Crouch. The Property Needs Some Repair And Is Sold As Is Only. Some Floor Covering, Interior Doors And Trim And A Couple Of Windows Are Need...Le Bois Realty
817 River View Drive, Twin Falls, ID - $349,900
- 3 Beds
- 3 Baths
- 4,492 SQFT
- 43 DOM
Wow! What A Find. One Of A Kind Unique Home With 2 Lots In In Private Small Subdivison On The Beautiful Snake River! Just Minutes To Twin Falls. Views Of Canyon & River That Are Unrivaled, Plus A Private Boat Ramp And Dock, Park, Ponds, Golf Cou...Magic Valley Realty
2 W Huyser, Shoshone, ID - $109,900
- 3 Beds
- 2 Baths
- 1,707 SQFT
- 44 DOM
Wow! Large Over 1700 Sq Ft Home On 5+ Acres With Irrigation Water! Located Right Between Twin Falls And Hailey! Home Has A Large Open Floor Plan, Split Bedroom Design With Large Master Bedroom And Bathroom. Separate Dining And Large Family Room Ar...Magic Valley Realty
6355 W Grandview Drive, Boise, ID - $225,000
Single Level With Below Grade Located On The Boise Bench. Large .26 Acre Lot. Interior Features Separate Living And Family Rooms On Main Level. Family Room Complete With Brick Accented Fireplace. Lower Level Features Large Living Room, 2 Bedrooms ...RE/MAX Executives
127 E 1st St., Dietrich, ID - $104,900
- 2 Beds
- 2 Baths
- 1,697 SQFT
- 53 DOM
This Cute 2 Bedroom Home Is Ready For A New Owner It Needs A Bit Of Tlc. With Some Paint 7 Flooring It Will Be Almost Like New And Have Your Personal Touches. Room For Rv And Animals On This Acre Plus Property.Coldwell Banker Canyonside Realty
822 S Commercial Ave, Emmett, ID - $84,900
Great Potential In This Home, Located On An Extra Large City Lot With Two Detached Shops! Lots Of Character In This Old-style Farmhouse Featuring Some Built-ins Along With Nice Bones To Make This Your Own. There Are Two Detached Shops At The Back ...Coldwell Banker Tomlinson -Nampa
Buying a Foreclosed Home
When looking into potential real estate with foreclosed homes, make sure you remember some essential things about these kinds of properties. There are some pitfalls that come with purchasing a foreclosed home that can be avoided by taking a few simple steps. If you remember these details about foreclosed homes, then the process will become more simple.
A foreclosed home is a home where the previous residents did not pay the building mortgage. Because of this, foreclosed homes are stereotyped as being run-down and at the lower end of home quality. This is not always true, however. Foreclosures can happen to any home, regardless of the socioeconomic status of the owner or neighborhood. In Idaho, there are foreclosure listings from under $100K to over $500k. No matter the price, most foreclosure homes will be highly discounted.
When investing in a foreclosed home, your first step should be getting a pre-approval letter from your lender. This will allow the transaction to run more smoothly, providing the legal proof needed for the purchase.
Also, be prepared for sales that vary from the norm including auctions and short sales. An auction is a common way to buy a foreclosed home in Idaho, and the home will simply go to the highest bidder. After the purchase, remember that the house will come as-is. Unlike a typical transaction where you can request improvements, a foreclosed home is not offered the same luxury. Furthermore, there is little room for negotiations when it comes to a purchase of a foreclosed home.
Foreclosure Process in Idaho
Idaho is classified as a non-judicial foreclosure state. A non-judicial foreclosure state simply means that the foreclosure does not need to go through the court. In Idaho, there is a different process to foreclose homes.
The first step is taken when a resident of a home does not make a payment to the mortgage. They are notified through mail and the notice is recorded. If they still do not make a payment to the mortgage, they are given a timeline in which they have to make the payment. If they do not follow the timeline, a Notice of Sale is mailed to the resident and the home is marketed for sale. The home resident(s) must move out by the prescribed amount of time and then the home is sold. During the whole process, the home resident is given the opportunity to pay off the home or take the case to court.
Most of the time, when the home is ready to be sold, the Idaho foreclosure homes will have an auction date set for sale.
Idaho Foreclosure Statistics
Idaho has many real estate options in foreclosure listings. These options have fluctuated in availability and price range. In Idaho, there were almost 8,000 homes listed as a foreclosure in 2012. The number has since decreased with about 4,081 foreclosed homes in 2013. In May 2014, there was an average of 1 foreclosed property in every 1,718 homes. This statistic combines all of the cities in Idaho.
The highest rates of foreclosures depends on the county of the statistic. The city with one of the highest foreclosure rates in Idaho was Twin Falls with 1 in every 456 homes foreclosed, in May 2014. Other high rates of foreclosures include Camas County with 1 foreclosure for every 801 homes, Ada County with 1 in every 822 homes, and Payette County with 1 in every 1,491 homes.
Why move to Idaho?
Idaho’s Great Outdoors
Numerous Idaho pastimes include the great outdoors, getting out and enjoying nature. Whether for recreational or exercise purposes, you can find it in Idaho. One popular activity in nature is biking. With hundreds of trails of biking trails, including mountain biking trails and paved paths. Some trails include Trail of the Coeur d’ Alenes, Route of the Hiawatha, and Old Milwaukee Road.
Another pastime in Idaho is boating. With clear lakes such as Lucky Peak, Alpine lake, Black Canyon, and Lake Lowell. Some public parks while others simply for the eye, these lakes offer relaxation and peace in nature. Some activities to do on a lake open for recreation include water skiing, tubing, and wakeboarding. Some lakes, like Lucky Peak, have beaches so swimming is also a favorite. Some simply enjoy sitting on the beach and enjoy looking out at the water.
Other outdoor appeals include hiking, camping, rock climbing, and fishing. In the winter, ski resorts, Bogus Basin for example, offer snow sports for those so inclined. Whatever you like to do outdoors, Idaho will have it for you.
IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. Information provided by IMLS is deemed reliable but not guaranteed.
Listing information last updated on September 21st, 2018 at 11:07am MDT.