Cottage Grove FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Cottage Grove, Minnesota.

Featured Foreclosure Listings in Cottage Grove, MN

Cottage Grove Home Foreclosure Listing ID: 2149534

Foreclosure

Cottage Grove, MN - 55016

3 Bd | 1 Ba | $85,000.00

Cottage Grove Home Foreclosure Listing ID: 2149468

Foreclosure

Cottage Grove, MN - 55016

3 Bd | 1 Ba | $90,000.00

Cottage Grove Home Foreclosure Listing ID: 2125954

Foreclosure

Cottage Grove, MN - 55016

4 Bd | 1 Ba | $116,200.00

Cottage Grove Home Foreclosure Listing ID: 2149562

Foreclosure

Cottage Grove, MN - 55016

3 Bd | 1 Ba | $149,000.00

Cottage Grove Home Foreclosure Listing ID: 1903943

Foreclosure

Cottage Grove, MN - 55016

4 Bd | 3 Ba | $268,400.00

Total: 11
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
8 Photos
90TH ST S Cottage Grove MN 55016 Foreclosures 3 1 $107,500.00 Details
2
6 Photos
HINTON AVE S Cottage Grove MN 55016 Foreclosures 4 1 $116,200.00 Details
3
3 Photos
MEADOW GRASS LN S Cottage Grove MN 55016 Foreclosures 3 2 $111,900.00 Details
4
8 Photos
JEFFERY LN S Cottage Grove MN 55016 Foreclosures 3 1 $149,000.00 Details
5
6 Photos
INMAN AVE S Cottage Grove MN 55016 Foreclosures 3 1 $85,000.00 Details
6
16 Photos
MEADOW GRASS AVE S Cottage Grove MN 55016 Foreclosures 4 3 $268,400.00 Details
7
17 Photos
IDEAL AVE S Cottage Grove MN 55016 Foreclosures 3 1 $90,000.00 Details
8
2 Photos
HINTON AVE S Cottage Grove MN 55016 Auctions 1 1 - Details
9 -
0 Photo
IRONWOOD AVE S Cottage Grove MN 55016 Foreclosures 2 1 $56,900.00 Details
10 -
0 Photo
PINE CREST TRL S Cottage Grove MN 55016 Foreclosures 2 2 $115,900.00 Details
11
1 Photo
W. Point Douglas Road S, Suite 200 Cottage Grove MN 55016 Foreclosures - - $214,900.00 Details
About our Listings

How to Buy Cottage Grove Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Cottage Grove, MN starts with finding listings. By browsing Cottage Grove 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 Cottage Grove, MN.

>> See more info about how to Buy foreclosures

How to Invest in Cottage Grove Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Minnesota Foreclosure Laws

Foreclosure law

Minnesota 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 Cottage Grove 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 Cottage Grove REO properties.

Cottage Grove Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Cottage Grove Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Cottage Grove Pre-Foreclosures

Foreclosure

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

Cottage Grove Foreclosure Auctions

Foreclosure Auction

Most Cottage Grove 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 Cottage Grove, 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 Cottage Grove, MN. We offer a comprehensive Cottage Grove foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Cottage Grove, Minnesota

Find Home Foreclosure Listings in Cottage Grove, MN

Cottage Grove 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 Cottage Grove, MN 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 Cottage Grove Minnesota, best affordable foreclosure condo in Cottage Grove, cheap apartments for sale, bargain foreclosed homes for sale in Cottage Grove, MN and earn huge savings on the homes YOU want to buy!

Our Cottage Grove Foreclosure Lists

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

You can also search Bayport foreclosure listings and Forest Lake foreclosure listings for more properties in the neighboring area.



Cottage Grove, MN

As of 2011, Cottage Grove's population is 34,588 people. Since 2000, it has had a population growth of 13. 14 percent. The median home cost in Cottage Grove is $222,200. Home appreciation the last year has been -4. 31 percent. Compared to the rest of the country, Cottage Grove's cost of living is 13. 10% Higher than the U. S. average. Cottage Grove public schools spend $5,070 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 5 students per teacher in Cottage Grove. The unemployment rate in Cottage Grove is 6. 50 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Cottage Grove jobs have Decreased by 0. 10 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplecottage-grove, mnUS
Population34,588307,829,557
Pop Density99287
Pop Change13.14%9.34%
Median Age34.536.6
Households11,702116,329,167
Household Size2.942.58
Male Population49.77%49.31%
Female Population50.23%50.69%
Married Population62.52%47.15%
Single Population37.48%52.85%
Estimated Households By Household Incomecottage-grove, mnUS
Income Less Than 15k2.14%12.10%
Income Between 15k And 25k3.62%10.18%
Income Between 25k And 35k5.27%10.56%
Income Between 35k And 50k11.31%14.98%
Income Between 50k And 75k23.21%19.53%
Income Between 75k And 100k22.45%12.52%
Income Between 100k And 150k23.70%12.14%
Income Between 150k And 250k5.44%3.91%
Income Between 250k And 500k2.27%3.34%
Income Greater Than 500k0.59%0.75%
Economycottage-grove, mnUS
Unemployment Rate6.50%9.10%
Recent Job Growth-0.10%-0.12%
Future Job Growth33.30%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income Per Cap$30,452$27,067
Household Income$80,238$52,954
Housingcottage-grove, mnUS
Median Home Age25.135.1
Median Home Cost$222,200$175,100
Home Appreciation-4.31%-3.15%
Homes Owned89.27%59.90%
Housing Vacant1.45%10.37%
Homes Rented9.28%29.73%
Property Tax Rate$11.40$11.20
Owner Occupied Housing Units By Valuecottage-grove, mnUS
Less Than 20k0.10%2.65%
20k To 399990.09%3.76%
40k To 599990.36%4.99%
60k To 799990.35%6.01%
80k To 999990.61%7.27%
100k To 1499999.60%19.24%
150k To 19999934.31%14.67%
200k To 29999944.76%18.09%
300k To 3999996.43%9.14%
400k To 4999992.36%4.94%
500k To 7499990.87%5.42%
750k To 9999990.13%2.03%
1kk Or More0.03%1.77%
Educationcottage-grove, mnUS
School Expend$5,070$5,678
Pupil Teacher Ratio17.514.9
Students Per Librarian395803
Students Per Counselor889513
2 Yr College Grad11.46%7.47%
4 Yr College Grad22.58%17.42%
Graduate Degrees6.85%10.12%
High School Grads95.98%84.72%
Crimecottage-grove, mnUS
Violent Crime14
Property Crime44
Housing Units By Year Structure Builtcottage-grove, mnUS
1999 To 200517.26%13.71%
1995 To 199811.72%8.54%
1990 To 199413.49%5.77%
1980 To 198913.83%13.87%
1970 To 197919.28%16.17%
1960 To 196913.46%11.70%
1950 To 19598.31%11.08%
1940 To 19490.64%6.02%
1939 Or Earlier2.01%13.15%

Table Information