Wakefield FORECLOSURE LISTINGS

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

Total: 20
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# Photo Address City State Zip Type BD BH Price Details
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WOBURN ST Reading MA 01867 Foreclosures 2 1.5 $259,900.00 Details
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8 Photos
BEACON ST Stoneham MA 02180 Foreclosures 4 1.5 $350,000.00 Details
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9 Photos
FRANKLIN ST APT 2 Stoneham MA 02180 Foreclosures 2 1 $144,900.00 Details
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AVALON RD Stoneham MA 02180 Foreclosures 3 1.5 $260,000.00 Details
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8 Photos
WINDSOR ST Melrose MA 02176 Foreclosures 5 3 $454,900.00 Details
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PROSPECT ST # 3 Woburn MA 01801 Foreclosures 2 1 - Details
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BROADWAY Malden MA 02148 Foreclosures 3 2 $292,900.00 Details
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15 Photos
DUKE ST Malden MA 02148 Foreclosures 3 1.5 $229,900.00 Details
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WARREN AVE Malden MA 02148 Foreclosures 3 1 $150,000.00 Details
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CLAREMONT ST Malden MA 02148 Foreclosures 2 1.5 $189,900.00 Details
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PIERCE ST APT 32 Malden MA 02148 Foreclosures 2 1 $159,900.00 Details
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KENNEDY DRIVE Malden MA 02148 Foreclosures - - $44,500.00 Details
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HILLSIDE AVE Malden MA 02148 Foreclosures 4 3 - Details
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VERANDA AVE Wilmington MA 01887 Foreclosures 3 1 $139,900.00 Details
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11 Photos
WOBURN ST Wilmington MA 01887 Foreclosures 4 3.5 $379,900.00 Details
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FELLSWAY W # 1 Medford MA 02155 Foreclosures 3 1 $129,900.00 Details
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9 Photos
WINDSOR RD Medford MA 02155 Foreclosures 3 2 - Details
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Locust Street Unit Id 3e Everett MA 02149 Foreclosures 2 2 $124,900.00 Details
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WOODVILLE ST Everett MA 02149 Foreclosures 5 2 - Details
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LINDEN ST Everett MA 02149 Foreclosures 4 2 - Details
About our Listings

How to Buy Wakefield Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Wakefield, MA starts with finding listings. By browsing Wakefield 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 Wakefield, MA.

>> See more info about how to Buy foreclosures

How to Invest in Wakefield Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Massachusetts Foreclosure Laws

Foreclosure law

In the state of Massachusetts, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Massachusetts are handled by the legal system in the state. Typically, cases involving foreclosure houses must be approved by a court - sometimes a special foreclosure court - before they can be handled by real estate brokers and sold. The lender will file a complaint along with a Lis Pendens notice; the court will then decide if the complaint is valid. If it is, the court will issue a writ for a public auction for the property. If these properties do not sell, the lender regains possession of the home, and they become Massachusetts REO properties.

Wakefield Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Wakefield Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Wakefield Pre-Foreclosures

Foreclosure

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

Wakefield Foreclosure Auctions

Foreclosure Auction

Most Wakefield 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 Wakefield, 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 Wakefield, MA. We offer a comprehensive Wakefield foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Wakefield, Massachusetts

Find Home Foreclosure Listings in Wakefield, MA

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

Our Wakefield Foreclosure Lists

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

You can also search Ayer foreclosure listings and Groton foreclosure listings for more properties in the neighboring area.



Wakefield, MA

As of 2011, Wakefield's population is 24,547 people. Since 2000, it has had a population growth of -1. 04 percent. The median home cost in Wakefield is $373,000. Home appreciation the last year has been -0. 02 percent. Compared to the rest of the country, Wakefield's cost of living is 51. 40% Higher than the U. S. average. Wakefield public schools spend $7,659 per student. The average school expenditure in the U. S. is $5,678. There are about 13. 4 students per teacher in Wakefield. The unemployment rate in Wakefield is 6. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Wakefield jobs have Decreased by 0. 12 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplewakefield, maUS
Population24,547307,829,557
Pop Density3,31087
Pop Change-1.04%9.34%
Median Age41.736.6
Households9,753116,329,167
Household Size2.472.58
Male Population48.08%49.31%
Female Population51.92%50.69%
Married Population52.13%47.15%
Single Population47.87%52.85%
Estimated Households By Household Incomewakefield, maUS
Income Less Than 15k5.03%12.10%
Income Between 15k And 25k5.06%10.18%
Income Between 25k And 35k5.29%10.56%
Income Between 35k And 50k9.00%14.98%
Income Between 50k And 75k16.78%19.53%
Income Between 75k And 100k14.51%12.52%
Income Between 100k And 150k24.47%12.14%
Income Between 150k And 250k10.80%3.91%
Income Between 250k And 500k7.98%3.34%
Income Greater Than 500k1.09%0.75%
Economywakefield, maUS
Unemployment Rate6.80%9.10%
Recent Job Growth-0.12%-0.12%
Future Job Growth32.96%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income Per Cap$43,695$27,067
Household Income$90,604$52,954
Housingwakefield, maUS
Median Home Age60.335.1
Median Home Cost$373,000$175,100
Home Appreciation-0.02%-3.15%
Homes Owned72.94%59.90%
Housing Vacant2.69%10.37%
Homes Rented24.37%29.73%
Property Tax Rate$11.70$11.20
Owner Occupied Housing Units By Valuewakefield, maUS
Less Than 20k0.15%2.65%
20k To 399990.05%3.76%
40k To 599990.16%4.99%
60k To 799990.04%6.01%
80k To 999990.07%7.27%
100k To 1499991.21%19.24%
150k To 1999992.57%14.67%
200k To 29999920.96%18.09%
300k To 39999935.61%9.14%
400k To 49999919.89%4.94%
500k To 74999917.19%5.42%
750k To 9999991.43%2.03%
1kk Or More0.65%1.77%
Educationwakefield, maUS
School Expend$7,659$5,678
Pupil Teacher Ratio13.414.9
Students Per Librarian698803
Students Per Counselor873513
2 Yr College Grad8.56%7.47%
4 Yr College Grad27.71%17.42%
Graduate Degrees17.88%10.12%
High School Grads93.58%84.72%
Crimewakefield, maUS
Violent Crime34
Property Crime14
Housing Units By Year Structure Builtwakefield, maUS
1999 To 20054.56%13.71%
1995 To 19982.64%8.54%
1990 To 19943.12%5.77%
1980 To 19896.52%13.87%
1970 To 19799.84%16.17%
1960 To 19697.40%11.70%
1950 To 195916.58%11.08%
1940 To 194910.28%6.02%
1939 Or Earlier39.06%13.15%

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