Wales FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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LAKE GEORGE RD Wales MA 01081 Foreclosures 3 1.5 $65,900.00 Details
2
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REED HILL RD Wales MA 01081 Foreclosures 3 2 $119,900.00 Details
About our Listings

How to Buy Wales Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Wales Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Wales Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Wales Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Wales Pre-Foreclosures

Foreclosure

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

Wales Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Wales, Massachusetts

Find Home Foreclosure Listings in Wales, MA

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

Our Wales Foreclosure Lists

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

You can also search Three Rivers foreclosure listings and Westfield foreclosure listings for more properties in the neighboring area.



Wales, MA

As of 2011, Wales's population is 1,859 people. Since 2000, it has had a population growth of 6. 90 percent. The median home cost in Wales is $189,800. Home appreciation the last year has been -1. 75 percent. Compared to the rest of the country, Wales's cost of living is 9. 10% Higher than the U. S. average. Wales public schools spend $7,316 per student. The average school expenditure in the U. S. is $5,678. There are about 12. 8 students per teacher in Wales. The unemployment rate in Wales is 10. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Wales jobs have Increased by 2. 18 percent. Average Commute time is 38 minutes. The National Average is 28 minutes.

Peoplewales, maUS
Population1,859307,829,557
Pop Density12187
Pop Change6.90%9.34%
Median Age41.336.6
Households722116,329,167
Household Size2.582.58
Male Population49.65%49.31%
Female Population50.35%50.69%
Married Population49.87%47.15%
Single Population50.13%52.85%
Estimated Households By Household Incomewales, maUS
Income Less Than 15k4.03%12.10%
Income Between 15k And 25k5.00%10.18%
Income Between 25k And 35k8.61%10.56%
Income Between 35k And 50k17.92%14.98%
Income Between 50k And 75k25.56%19.53%
Income Between 75k And 100k18.89%12.52%
Income Between 100k And 150k15.41%12.14%
Income Between 150k And 250k2.78%3.91%
Income Between 250k And 500k1.39%3.34%
Income Greater Than 500k0.42%0.75%
Economywales, maUS
Unemployment Rate10.70%9.10%
Recent Job Growth2.18%-0.12%
Future Job Growth33.66%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income Per Cap$28,460$27,067
Household Income$64,359$52,954
Housingwales, maUS
Median Home Age38.235.1
Median Home Cost$189,800$175,100
Home Appreciation-1.75%-3.15%
Homes Owned71.28%59.90%
Housing Vacant17.62%10.37%
Homes Rented11.10%29.73%
Property Tax Rate$15.64$11.20
Owner Occupied Housing Units By Valuewales, maUS
Less Than 20k0.00%2.65%
20k To 399991.93%3.76%
40k To 599994.49%4.99%
60k To 799992.41%6.01%
80k To 999995.94%7.27%
100k To 14999917.98%19.24%
150k To 19999930.18%14.67%
200k To 29999930.82%18.09%
300k To 3999994.01%9.14%
400k To 4999990.80%4.94%
500k To 7499990.64%5.42%
750k To 9999990.48%2.03%
1kk Or More0.32%1.77%
Educationwales, maUS
School Expend$7,316$5,678
Pupil Teacher Ratio12.814.9
Students Per Librarian990803
Students Per Counselor446513
2 Yr College Grad9.05%7.47%
4 Yr College Grad11.20%17.42%
Graduate Degrees6.44%10.12%
High School Grads89.96%84.72%
Crimewales, maUS
Violent Crime24
Property Crime14
Housing Units By Year Structure Builtwales, maUS
1999 To 20059.27%13.71%
1995 To 19986.67%8.54%
1990 To 19945.69%5.77%
1980 To 198918.08%13.87%
1970 To 197913.04%16.17%
1960 To 196911.44%11.70%
1950 To 195912.01%11.08%
1940 To 19494.81%6.02%
1939 Or Earlier18.99%13.15%

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