Bloomfield FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Bloomfield, New Mexico.

Featured Foreclosure Listings in Bloomfield, NM

Bloomfield Home Foreclosure Listing ID: 2150912

Foreclosure

Bloomfield, NM - 87413

3 Bd | 2 Ba | $60,000.00

Bloomfield Home Foreclosure Listing ID: 2041351

Foreclosure

Bloomfield, NM - 87413

3 Bd | 2 Ba | $70,000.00

Bloomfield Home Foreclosure Listing ID: 2029577

Foreclosure

Bloomfield, NM - 87413

4 Bd | 2 Ba | $106,000.00

Bloomfield Home Foreclosure Listing ID: 1907535

Foreclosure

Bloomfield, NM - 87413

3 Bd | 1.75 Ba | $126,000.00

Bloomfield Home Foreclosure Listing ID: 2150919

Foreclosure

Bloomfield, NM - 87413

3 Bd | 2 Ba | $147,000.00

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
N 3RD ST Bloomfield NM 87413 Foreclosures 4 2 $106,000.00 Details
2
37 Photos
W OAK ST Bloomfield NM 87413 Foreclosures 3 1.75 $126,000.00 Details
3
7 Photos
SHIRLEY ST Bloomfield NM 87413 Foreclosures 3 2 $147,000.00 Details
4
11 Photos
W PINON AVE Bloomfield NM 87413 Foreclosures 3 2 $60,000.00 Details
5
4 Photos
COUNTY RD 5010 Bloomfield NM 87413 Foreclosures 3 2 $70,000.00 Details
6
1 Photo
N MOORE ST Bloomfield NM 87413 Foreclosures 3 2 $125,900.00 Details
7 -
0 Photo
N CHESTNUT ST Bloomfield NM 87413 Foreclosures 4 2 $119,900.00 Details
8
18 Photos
N EXECUTIVE DR Bloomfield NM 87413 Foreclosures 3 2 $75,000.00 Details
About our Listings

How to Buy Bloomfield Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Bloomfield, NM starts with finding listings. By browsing Bloomfield 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 Bloomfield, NM.

>> See more info about how to Buy foreclosures

How to Invest in Bloomfield Foreclosures

How to invest foreclosure

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

Foreclosure home

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

New Mexico Foreclosure Laws

Foreclosure law

In the state of New Mexico, real estate foreclosures are judicial foreclosures, meaning that distressed properties in New Mexico 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 New Mexico REO properties.

Bloomfield Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Bloomfield Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Bloomfield Pre-Foreclosures

Foreclosure

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

Bloomfield Foreclosure Auctions

Foreclosure Auction

Most Bloomfield 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 Bloomfield, 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 Bloomfield, NM. We offer a comprehensive Bloomfield foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Bloomfield, New Mexico

Find Home Foreclosure Listings in Bloomfield, NM

Bloomfield 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 Bloomfield, NM 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 Bloomfield New Mexico, best affordable foreclosure condo in Bloomfield, cheap apartments for sale, bargain foreclosed homes for sale in Bloomfield, NM and earn huge savings on the homes YOU want to buy!

Our Bloomfield Foreclosure Lists

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

You can also search Aztec foreclosure listings and Kirtland foreclosure listings for more properties in the neighboring area.



Bloomfield, NM

As of 2011, Bloomfield's population is 6,816 people. Since 2000, it has had a population growth of 6. 15 percent. The median home cost in Bloomfield is $128,600. Home appreciation the last year has been -3. 86 percent. Compared to the rest of the country, Bloomfield's cost of living is 7. 40% Lower than the U. S. average. Bloomfield public schools spend $4,393 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 2 students per teacher in Bloomfield. The unemployment rate in Bloomfield is 8. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Bloomfield jobs have Decreased by 0. 91 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peoplebloomfield, nmUS
Population6,816307,829,557
Pop Density1,39387
Pop Change6.15%9.34%
Median Age33.736.6
Households2,372116,329,167
Household Size2.842.58
Male Population48.54%49.31%
Female Population51.46%50.69%
Married Population50.47%47.15%
Single Population49.53%52.85%
Estimated Households By Household Incomebloomfield, nmUS
Income Less Than 15k10.72%12.10%
Income Between 15k And 25k12.20%10.18%
Income Between 25k And 35k13.88%10.56%
Income Between 35k And 50k18.29%14.98%
Income Between 50k And 75k21.61%19.53%
Income Between 75k And 100k12.07%12.52%
Income Between 100k And 150k7.99%12.14%
Income Between 150k And 250k2.02%3.91%
Income Between 250k And 500k1.09%3.34%
Income Greater Than 500k0.13%0.75%
Economybloomfield, nmUS
Unemployment Rate8.00%9.10%
Recent Job Growth-0.91%-0.12%
Future Job Growth30.18%31.25%
Sales Taxes7.56%6.80%
Income Taxes5.30%6.25%
Income Per Cap$19,728$27,067
Household Income$45,813$52,954
Housingbloomfield, nmUS
Median Home Age2435.1
Median Home Cost$128,600$175,100
Home Appreciation-3.86%-3.15%
Homes Owned70.37%59.90%
Housing Vacant7.54%10.37%
Homes Rented22.08%29.73%
Property Tax Rate$5.27$11.20
Owner Occupied Housing Units By Valuebloomfield, nmUS
Less Than 20k5.14%2.65%
20k To 399998.78%3.76%
40k To 599998.67%4.99%
60k To 799996.24%6.01%
80k To 999998.45%7.27%
100k To 14999926.30%19.24%
150k To 19999915.58%14.67%
200k To 29999915.52%18.09%
300k To 3999993.65%9.14%
400k To 4999991.10%4.94%
500k To 7499990.28%5.42%
750k To 9999990.11%2.03%
1kk Or More0.17%1.77%
Educationbloomfield, nmUS
School Expend$4,393$5,678
Pupil Teacher Ratio16.214.9
Students Per Librarian265803
Students Per Counselor636513
2 Yr College Grad7.56%7.47%
4 Yr College Grad7.87%17.42%
Graduate Degrees3.25%10.12%
High School Grads80.95%84.72%
Crimebloomfield, nmUS
Violent Crime94
Property Crime44
Housing Units By Year Structure Builtbloomfield, nmUS
1999 To 200512.56%13.71%
1995 To 19989.87%8.54%
1990 To 199418.24%5.77%
1980 To 198922.86%13.87%
1970 To 197926.13%16.17%
1960 To 19693.77%11.70%
1950 To 19594.16%11.08%
1940 To 19491.59%6.02%
1939 Or Earlier0.82%13.15%

Table Information