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Bankruptcy Homes in Vergas, MN

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400th-st-Perham-MN-56573
Bankruptcy
$409,354 EMV

400th St
Perham, MN 56573

2nd-ave-se-apt-102-Perham-MN-56573
Bankruptcy

2nd Ave Se Apt 102
Perham, MN 56573

N-wall-lake-dr-Fergus-falls-MN-56537
Bankruptcy
$279,300 EMV

N Wall Lake Dr
Fergus Falls, MN 56537

| 1,152 Sq. Ft.

Edgewood-st-apt-103-New-york-mills-MN-56567
Bankruptcy

Edgewood St Apt 103
New York Mills, MN 56567

County-highway-88-Fergus-falls-MN-56537
Bankruptcy
$209,567 EMV

County Highway 88
Fergus Falls, MN 56537

| 1,176 Sq. Ft.

Highland-ave-e-Underwood-MN-56586
Bankruptcy

Highland Ave E
Underwood, MN 56586

| 1,500 Sq. Ft.

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Foreclosure Homes in Vergas, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Vergas, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Vergas, MN and much more. Save thousands at closing with home foreclosure listings in Vergas, MN — up to 75% off market value!


Top Reasons To Live In Vergas, MN In 2021

Vergas is located in Otter Tail, Minnesota, with an estimated municipal population of 352 residents. All of the best foreclosed homes for sale in Vergas are located in the following zip code areas on Foreclosure.com: 56587. The estimated population per square kilometer (.62 miles) in Vergas is 93.


Cost Of Living In Vergas, MN

So, about how much do homes cost in Vergas? The most recent median value of resident-owned homes in Vergas is 127,742. An estimated 76.9 percent of households in Vergas own their homes, with an average family size of 2.92. The median household income in Vergas is 43,750, with16.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Vergas, the median commute time of resident workers (in minutes) is 22.5. And last, but certainly not least, are you looking for homes to rent in Vergas? If so, the average rent price paid by renters in Vergas is 583, according to recent statistics.


Diversity And Demographics In Vergas, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Vergas, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Vergas is 48.4, split between 53.4 percent male versus 46.6 female. The percentage of residents who report being married in Vergas is 49.4, with an average family size of 2.92.

The percentage of residents who report their race in Vergas is as follows:

White 92.7%
Black / African American 0%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Vergas? Or maybe you are searching for 55+ active adult communities in and/or near Vergas?

The percentage of residents who report their age in Vergas is as follows:

Under 10 9.5%
Aged 10-19 10.6%
20s 10.6%
30s 10.3%
40s 10.6%
50s 13.1%
60s 16.7%
70s 11.8%
80+ 6.7%

Best Schools In Vergas, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Vergas with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Vergas.


Pros And Cons Of Living In Vergas, Minnesota

How do you know that living in -- or moving to -- Vergas is right where you need to be? Perhaps you grew up in Vergas or already live nearby; therefore, the decision to buy a home in Vergas is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Vergas for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Vergas:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Vergas.


Reasons To Move To Vergas, Minnesota, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Vergas can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Vergas, meanwhile, can field multiple offers from more qualified buyers.

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