Foreclosures in Maine: Maine Foreclosures by County, City, or Zip
Maine is home to vast forest to the northwest and a rugged, beautiful coastline to the east on the Atlantic Ocean. Though lobsters are top of mind when most people think of Maine, think again. Maine is also the largest exporter of blueberries and toothpicks in the United States. Because it has a relatively small population base (it is in the bottom 10 of all U.S. state populations), housing options are somewhat limited, though Maine still boasts a sizable inventory of 1,024 foreclosed and distressed property listings. Cheap homes are available in Maine if you know where to look.
Given the limited housing availability, Maine is a terrific place to search for bargain property from listings of REO foreclosures, short sale, government owned and home auction sales. The cities of Augusta Maine, Bangor Maine, Auburn Maine and Lewiston Maine offer the largest selections of discount priced homes in the state. Kennebec County Maine lists many tidy, New England style homes for sale from Fannie Mae and Freddie Mac government agencies. Make an aggressive offer on one of these government repossessed homes and you may become a Maine homeowner at an amazingly low price.
Qualifying for a mortgage can be a difficult and frustrating process. You could avoid a bank mortgage by acquiring an owner financed or rent-to-own home in Maine instead. Check the listings for these non-traditional financing options and the best deals in Maine real estate could be within your reach. Or select an owner financed vacant lot that is ready to build, and you could be on your way to owning the Maine vacation home you never thought possible before, at an amazing low cost. Prices may never be this low again and the best low priced home deals will be sold fastest, so search Maine REO foreclosures, HUD foreclosures and repossessed homes across the state now!