Mentor FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Mentor, OH

Mentor Home Foreclosure Listing ID: 1991556

Foreclosure

Mentor, OH - 44060

3 Bd | 1 Ba | $55,000.00

Mentor Home Foreclosure Listing ID: 1908158

Foreclosure

Mentor, OH - 44060

3 Bd | 1 Ba | $81,000.00

Mentor Home Foreclosure Listing ID: 1901111

Foreclosure

Mentor, OH - 44060

3 Bd | 2 Ba | $87,550.00

Mentor Home Foreclosure Listing ID: 2041405

Foreclosure

Mentor, OH - 44060

3 Bd | 1 Ba | $105,000.00

Mentor Home Foreclosure Listing ID: 1991580

Foreclosure

Mentor, OH - 44060

3 Bd | 2 Ba | $166,000.00

Total: 23
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
18 Photos
GRENWAY DR Mentor OH 44060 Foreclosures 3 1 $105,000.00 Details
2
2 Photos
LIBERTY ST Mentor OH 44060 Foreclosures 1 1 $9,900.00 Details
3
11 Photos
IROQUOIS TRL Mentor OH 44060 Foreclosures 3 2 $103,500.00 Details
4
11 Photos
LAKE SHORE BLVD Mentor OH 44060 Foreclosures 2 1 $107,300.00 Details
5
13 Photos
MARINE PKWY Mentor OH 44060 Foreclosures 3 1 $81,000.00 Details
6
12 Photos
HOLLY DR Mentor OH 44060 Foreclosures 3 1 $55,000.00 Details
7
9 Photos
REYNOLDS RD Mentor OH 44060 Foreclosures 3 2 $166,000.00 Details
8
12 Photos
DEEPWOOD CONDOS BLDG 15 Mentor OH 44060 Foreclosures 3 2 $87,550.00 Details
9
7 Photos
HOLLY DR Mentor OH 44060 Foreclosures 1 1 $9,900.00 Details
10
12 Photos
HART ST Mentor OH 44060 Foreclosures 2 1 - Details
11
1 Photo
CORDUROY RD Mentor OH 44060 Auctions 4 1 - Details
12
8 Photos
WAKE ROBIN RD Mentor OH 44060 Auctions 3 1 - Details
13
15 Photos
DEEPWOOD BLVD UNIT 9 Mentor OH 44060 Foreclosures 2 2 $86,000.00 Details
14 -
0 Photo
FIELDSTONE CT Mentor OH 44060 Foreclosures 4 2.5 $214,900.00 Details
15
10 Photos
FORESTVIEW AVE Mentor OH 44060 Foreclosures 4 2 $142,900.00 Details
16
8 Photos
CENTER ST APT 89 Mentor OH 44060 Foreclosures 2 1.5 $45,000.00 Details
17
15 Photos
CANDLEWOOD CT Mentor OH 44060 Foreclosures 3 2 $122,000.00 Details
18
7 Photos
CORDUROY RD Mentor OH 44060 Foreclosures 3 1 $80,000.00 Details
19
6 Photos
MEISTER RD Mentor OH 44060 Foreclosures 4 2.5 $175,100.00 Details
20
11 Photos
DAHLIA DR Mentor OH 44060 Foreclosures 2 1 $90,000.00 Details
About our Listings

How to Buy Mentor Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Mentor Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Mentor Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Mentor Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Mentor Pre-Foreclosures

Foreclosure

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

Mentor Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Mentor, Ohio

Find Home Foreclosure Listings in Mentor, OH

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

Our Mentor Foreclosure Lists

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

You can also search Madison foreclosure listings and Painesville foreclosure listings for more properties in the neighboring area.



Mentor, OH

As of 2011, Mentor's population is 52,154 people. Since 2000, it has had a population growth of 3. 78 percent. The median home cost in Mentor is $161,500. Home appreciation the last year has been -3. 20 percent. Compared to the rest of the country, Mentor's cost of living is 3. 50% Higher than the U. S. average. Mentor public schools spend $5,592 per student. The average school expenditure in the U. S. is $5,678. There are about 18. 3 students per teacher in Mentor. The unemployment rate in Mentor is 6. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Mentor jobs have Increased by 0. 93 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peoplementor, ohUS
Population52,154307,829,557
Pop Density1,94187
Pop Change3.78%9.34%
Median Age41.536.6
Households20,059116,329,167
Household Size2.552.58
Male Population48.79%49.31%
Female Population51.21%50.69%
Married Population54.66%47.15%
Single Population45.34%52.85%
Estimated Households By Household Incomementor, ohUS
Income Less Than 15k4.80%12.10%
Income Between 15k And 25k6.12%10.18%
Income Between 25k And 35k9.13%10.56%
Income Between 35k And 50k14.54%14.98%
Income Between 50k And 75k22.84%19.53%
Income Between 75k And 100k17.47%12.52%
Income Between 100k And 150k18.99%12.14%
Income Between 150k And 250k3.79%3.91%
Income Between 250k And 500k2.07%3.34%
Income Greater Than 500k0.25%0.75%
Economymentor, ohUS
Unemployment Rate6.90%9.10%
Recent Job Growth0.93%-0.12%
Future Job Growth34.96%31.25%
Sales Taxes6.25%6.80%
Income Taxes8.87%6.25%
Income Per Cap$30,263$27,067
Household Income$67,016$52,954
Housingmentor, ohUS
Median Home Age37.335.1
Median Home Cost$161,500$175,100
Home Appreciation-3.20%-3.15%
Homes Owned85.28%59.90%
Housing Vacant2.79%10.37%
Homes Rented11.93%29.73%
Property Tax Rate$12.76$11.20
Owner Occupied Housing Units By Valuementor, ohUS
Less Than 20k1.19%2.65%
20k To 399990.66%3.76%
40k To 599990.51%4.99%
60k To 799992.43%6.01%
80k To 999999.11%7.27%
100k To 14999932.73%19.24%
150k To 19999928.63%14.67%
200k To 29999920.65%18.09%
300k To 3999993.21%9.14%
400k To 4999990.66%4.94%
500k To 7499990.20%5.42%
750k To 9999990.03%2.03%
1kk Or More0.01%1.77%
Educationmentor, ohUS
School Expend$5,592$5,678
Pupil Teacher Ratio18.314.9
Students Per Librarian694803
Students Per Counselor644513
2 Yr College Grad8.31%7.47%
4 Yr College Grad20.12%17.42%
Graduate Degrees10.71%10.12%
High School Grads93.58%84.72%
Crimementor, ohUS
Violent Crime24
Property Crime44
Housing Units By Year Structure Builtmentor, ohUS
1999 To 20058.03%13.71%
1995 To 19987.25%8.54%
1990 To 19945.67%5.77%
1980 To 198916.36%13.87%
1970 To 197919.43%16.17%
1960 To 196918.64%11.70%
1950 To 195915.22%11.08%
1940 To 19493.91%6.02%
1939 Or Earlier5.49%13.15%

Table Information