Hugo FORECLOSURE LISTINGS

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

Total: 8
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
6 Photos
EMERALD DR N UNIT 4 Hugo MN 55038 Foreclosures 3 2 $126,900.00 Details
2
10 Photos
135TH ST N Hugo MN 55038 Foreclosures 3 2 $137,900.00 Details
3
12 Photos
FOREST BLVD N Hugo MN 55038 Foreclosures 4 2 $104,900.00 Details
4
7 Photos
72 1/2 ST Hugo MN 55038 Foreclosures 3 2 $159,900.00 Details
5 -
0 Photo
BRIAN WAY Hugo MN 55038 Foreclosures 3 2 $169,900.00 Details
6 -
0 Photo
170TH ST N Hugo MN 55038 Foreclosures 3 3 $347,900.00 Details
7
1 Photo
EMMIT DR N UNIT 4 Hugo MN 55038 Foreclosures 2 2 $67,900.00 Details
8
14 Photos
122ND ST N Hugo MN 55038 Foreclosures 5 3 $154,900.00 Details
About our Listings

How to Buy Hugo Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Hugo Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Hugo Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Hugo Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Hugo Pre-Foreclosures

Foreclosure

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

Hugo Foreclosure Auctions

Foreclosure Auction

Most Hugo 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 Hugo, 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 Hugo, MN. We offer a comprehensive Hugo foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Hugo, Minnesota

Find Home Foreclosure Listings in Hugo, MN

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

Our Hugo Foreclosure Lists

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

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



Hugo, MN

As of 2011, Hugo's population is 14,529 people. Since 2000, it has had a population growth of 128. 30 percent. The median home cost in Hugo is $246,200. Home appreciation the last year has been -4. 11 percent. Compared to the rest of the country, Hugo's cost of living is 16. 90% Higher than the U. S. average. Hugo public schools spend $4,174 per student. The average school expenditure in the U. S. is $5,678. There are about 18. 6 students per teacher in Hugo. The unemployment rate in Hugo is 6. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Hugo jobs have Increased by 0. 27 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplehugo, mnUS
Population14,529307,829,557
Pop Density40787
Pop Change128.30%9.34%
Median Age35.936.6
Households5,031116,329,167
Household Size2.912.58
Male Population51.04%49.31%
Female Population48.96%50.69%
Married Population61.46%47.15%
Single Population38.54%52.85%
Estimated Households By Household Incomehugo, mnUS
Income Less Than 15k1.80%12.10%
Income Between 15k And 25k4.33%10.18%
Income Between 25k And 35k5.31%10.56%
Income Between 35k And 50k8.04%14.98%
Income Between 50k And 75k26.52%19.53%
Income Between 75k And 100k25.46%12.52%
Income Between 100k And 150k20.49%12.14%
Income Between 150k And 250k4.63%3.91%
Income Between 250k And 500k2.75%3.34%
Income Greater Than 500k0.68%0.75%
Economyhugo, mnUS
Unemployment Rate6.70%9.10%
Recent Job Growth0.27%-0.12%
Future Job Growth33.84%31.25%
Sales Taxes6.50%6.80%
Income Taxes7.85%6.25%
Income Per Cap$30,835$27,067
Household Income$79,004$52,954
Housinghugo, mnUS
Median Home Age8.135.1
Median Home Cost$246,200$175,100
Home Appreciation-4.11%-3.15%
Homes Owned91.12%59.90%
Housing Vacant3.62%10.37%
Homes Rented5.27%29.73%
Property Tax Rate$11.40$11.20
Owner Occupied Housing Units By Valuehugo, mnUS
Less Than 20k2.20%2.65%
20k To 399990.72%3.76%
40k To 599990.51%4.99%
60k To 799990.87%6.01%
80k To 999990.19%7.27%
100k To 1499994.54%19.24%
150k To 19999920.89%14.67%
200k To 29999940.84%18.09%
300k To 39999912.96%9.14%
400k To 4999997.09%4.94%
500k To 7499997.30%5.42%
750k To 9999991.65%2.03%
1kk Or More0.25%1.77%
Educationhugo, mnUS
School Expend$4,174$5,678
Pupil Teacher Ratio18.614.9
Students Per Librarian505803
Students Per Counselor806513
2 Yr College Grad11.61%7.47%
4 Yr College Grad20.80%17.42%
Graduate Degrees8.98%10.12%
High School Grads96.45%84.72%
Crimehugo, mnUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builthugo, mnUS
1999 To 200559.23%13.71%
1995 To 19987.11%8.54%
1990 To 19948.20%5.77%
1980 To 19897.42%13.87%
1970 To 19798.31%16.17%
1960 To 19693.63%11.70%
1950 To 19591.69%11.08%
1940 To 19490.98%6.02%
1939 Or Earlier3.42%13.15%

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