Philomath FORECLOSURE LISTINGS

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

Total: 4
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
30 Photos
LUCKIAMUTE RD Philomath OR 97370 Foreclosures 2 1 $112,000.00 Details
2
19 Photos
HIGHWAY 20 Philomath OR 97370 Foreclosures 2 1 $229,900.00 Details
3
2 Photos
PIONEER ST Philomath OR 97370 Foreclosures 2 1 - Details
4 -
0 Photo
CANBERRA DR Philomath OR 97370 Foreclosures 7 2.5 $259,900.00 Details
About our Listings

How to Buy Philomath Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Philomath, OR starts with finding listings. By browsing Philomath 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 Philomath, OR.

>> See more info about how to Buy foreclosures

How to Invest in Philomath Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Oregon Foreclosure Laws

Foreclosure law

Oregon 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 Philomath 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 Philomath REO properties.

Philomath Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Philomath Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Philomath Pre-Foreclosures

Foreclosure

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

Philomath Foreclosure Auctions

Foreclosure Auction

Most Philomath 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 Philomath, 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 Philomath, OR. We offer a comprehensive Philomath foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Philomath, Oregon

Find Home Foreclosure Listings in Philomath, OR

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

Our Philomath Foreclosure Lists

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

You can also search Corvallis foreclosure listings and Monroe foreclosure listings for more properties in the neighboring area.



Philomath, OR

As of 2011, Philomath's population is 4,394 people. Since 2000, it has had a population growth of 14. 55 percent. The median home cost in Philomath is $216,800. Home appreciation the last year has been -4. 17 percent. Compared to the rest of the country, Philomath's cost of living is 7. 10% Higher than the U. S. average. Philomath public schools spend $4,306 per student. The average school expenditure in the U. S. is $5,678. There are about 18. 7 students per teacher in Philomath. The unemployment rate in Philomath is 6. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Philomath jobs have Increased by 1. 69 percent. Average Commute time is 19 minutes. The National Average is 28 minutes.

Peoplephilomath, orUS
Population4,394307,829,557
Pop Density3,37887
Pop Change14.55%9.34%
Median Age34.236.6
Households1,592116,329,167
Household Size2.762.58
Male Population50.33%49.31%
Female Population49.67%50.69%
Married Population48.52%47.15%
Single Population51.48%52.85%
Estimated Households By Household Incomephilomath, orUS
Income Less Than 15k7.63%12.10%
Income Between 15k And 25k9.13%10.18%
Income Between 25k And 35k15.20%10.56%
Income Between 35k And 50k17.26%14.98%
Income Between 50k And 75k24.27%19.53%
Income Between 75k And 100k11.88%12.52%
Income Between 100k And 150k9.50%12.14%
Income Between 150k And 250k2.56%3.91%
Income Between 250k And 500k2.19%3.34%
Income Greater Than 500k0.38%0.75%
Economyphilomath, orUS
Unemployment Rate6.90%9.10%
Recent Job Growth1.69%-0.12%
Future Job Growth36.48%31.25%
Sales Taxes0.00%6.80%
Income Taxes9.00%6.25%
Income Per Cap$23,335$27,067
Household Income$50,887$52,954
Housingphilomath, orUS
Median Home Age3035.1
Median Home Cost$216,800$175,100
Home Appreciation-4.17%-3.15%
Homes Owned53.27%59.90%
Housing Vacant5.66%10.37%
Homes Rented41.06%29.73%
Property Tax Rate$11.21$11.20
Owner Occupied Housing Units By Valuephilomath, orUS
Less Than 20k1.00%2.65%
20k To 399991.88%3.76%
40k To 599990.33%4.99%
60k To 799990.44%6.01%
80k To 999994.76%7.27%
100k To 14999912.85%19.24%
150k To 19999927.24%14.67%
200k To 29999931.78%18.09%
300k To 39999913.51%9.14%
400k To 4999993.10%4.94%
500k To 7499992.33%5.42%
750k To 9999990.33%2.03%
1kk Or More0.44%1.77%
Educationphilomath, orUS
School Expend$4,306$5,678
Pupil Teacher Ratio18.714.9
Students Per Librarian509803
Students Per Counselor346513
2 Yr College Grad8.35%7.47%
4 Yr College Grad17.60%17.42%
Graduate Degrees14.94%10.12%
High School Grads90.20%84.72%
Crimephilomath, orUS
Violent Crime44
Property Crime54
Housing Units By Year Structure Builtphilomath, orUS
1999 To 200514.40%13.71%
1995 To 199814.29%8.54%
1990 To 199412.20%5.77%
1980 To 19898.32%13.87%
1970 To 197922.01%16.17%
1960 To 19697.91%11.70%
1950 To 19599.62%11.08%
1940 To 19495.25%6.02%
1939 Or Earlier6.02%13.15%

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