The Morgan County foreclosure homes report as of 10/24 shows just 5 homes on the market today, priced from $79,900 to $299,000. Four are estate lot homes, with 5 acres of land.
This 3/2 1980 ranch on 5 acres needs from work - but at just $79,900 compares well with manufactured home pricing.
Love fishing and boating? This 2006 home is very close to Lake Oconee and the Swords public access boat ramp. It has 3br/2.5ba, and a private 5.6ac lot - priced at just $133,200.
This 3br/2ba ranch in Whispering Lakes subdivision has a large bonus room over the garage, and a level lot. Whispering Lakes is a greenspace community, just 10 minutes east of Madison and convenient to I-20 Exit 121. This home is a bargain at $119,000.
This 2500sf home was built in 2007, and features 3 bedrooms, 2 baths on the main, plus an upper level that is partially finished with 3 bedrooms and room for a bath. It sits on 5 private acres on the southeast part of Morgan County, and is offered at $159,000.
This custom home has 3 bedrooms and 2 baths on the main level, plus 2 bedrooms and a large family room on the terrace level. Quality built with tall windows that offer great views of the private setting. Offered at $299,000 with 6 acres - this home is close to Hard Labor Creek State Park.
Morgan County has great schools, and few foreclosures - so most do not stay on the market long. There are currently 6 foreclosure homes with sales pending, and 18 sold already this year - so foreclosures in Morgan County are one segment with more buyers than sellers.
When you are considering a foreclosure home, be aware that there are often repairs needed. Not all foreclosure homes will qualify for standard financing - so be sure you are working with an experienced real estate agent to help you find homes that work for your needs.
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