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Mississippi State Profile

Post Katrina job recovery in Mississippi has not been shared in the Gulfport-Biloxi area. While the nation reported a 1.4 percent increase in payroll employment for fourth quarter 2005 compared to a year ago, Mississippi reported a 0.2 percent decline...


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Finding Opportunity in the Mississippi Real Estate Market: Pre-Foreclosures

Now with pre-foreclosure listings available online, opportunities can be found across the U.S. For example with San Diego, California's median home prices topping at $500K+, a couple might not be in a position to afford a home of their own. Yet, might be able to purchase a pre-foreclosure property in another area or state with lower housing prices but in a faster growing market or with better future appreciation growth potential; when the property increases it's value in a few years time, sale of the property could provide the necessary capital to purchase their home in the San Diego area...


Your Mississippi Pre-foreclosure Resource site.


Finding Quality Pre-foreclosure Listings

Since most pre-foreclosure listing sites offer a free trial period, take advantage to determine if the quality of data and services meet your needs. A free listing service will only give you scanty information about which homes are going for pre-foreclosure but a paid service will give you much detailed information needed to proceed with the sale or investment of the property. Using the internet, a number of web sites allow searches by state, county, city, and zip code.

Try a number of pre-foreclosure listings sites and evaluate which offers the best most current listings. Therefore, in evaluating foreclosure-listing services, the quality of the listing or "freshness" is important.

Trial? Updated? Rating Link
7 days Daily/Weekly ***** RealtyStore.com
1 Week Weekly **** Bargin.com
1 Week Weekly **** RealtyTrac.com
7 days Weekly *** Foreclosurenet.net
3 days Monthly *** Foreclosure.com

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Mississippi Foreclosure Law

  • Judicial Foreclosure Available: Yes
  • Non-Judicial Foreclosure Available: Yes
  • Primary Security Instruments: Deed of Trust, Mortgage
  • Timeline: Typically 60 days
  • Right of Redemption: No
  • Deficiency Judgments Allowed: No




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