Lafayette FORECLOSURE LISTINGS

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

Total: 4
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
11 Photos
E 13TH PL Lafayette OR 97127 Foreclosures 3 2 $209,900.00 Details
2
1 Photo
E 16TH ST Lafayette OR 97127 Foreclosures 4 3 $239,000.00 Details
3
2 Photos
GLENWOOD CT Lafayette OR 97127 Foreclosures 4 2.5 $172,000.00 Details
4
2 Photos
W 2ND PLACE CIR Lafayette OR 97127 Foreclosures 3 2 - Details
About our Listings

How to Buy Lafayette Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Lafayette Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Lafayette Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lafayette Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lafayette Pre-Foreclosures

Foreclosure

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

Lafayette Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Lafayette, Oregon

Find Home Foreclosure Listings in Lafayette, OR

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

Our Lafayette Foreclosure Lists

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

You can also search Dayton foreclosure listings and Mcminnville foreclosure listings for more properties in the neighboring area.



Lafayette, OR

As of 2011, Lafayette's population is 3,657 people. Since 2000, it has had a population growth of 41. 36 percent. The median home cost in Lafayette is $156,500. Home appreciation the last year has been -6. 02 percent. Compared to the rest of the country, Lafayette's cost of living is 1. 50% Higher than the U. S. average. Lafayette public schools spend $4,672 per student. The average school expenditure in the U. S. is $5,678. There are about 18. 6 students per teacher in Lafayette. The unemployment rate in Lafayette is 10. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Lafayette jobs have Increased by 1. 61 percent. Average Commute time is 33 minutes. The National Average is 28 minutes.

Peoplelafayette, orUS
Population3,657307,829,557
Pop Density3,97987
Pop Change41.36%9.34%
Median Age32.736.6
Households1,226116,329,167
Household Size3.012.58
Male Population50.53%49.31%
Female Population49.47%50.69%
Married Population55.06%47.15%
Single Population44.94%52.85%
Estimated Households By Household Incomelafayette, orUS
Income Less Than 15k9.75%12.10%
Income Between 15k And 25k10.57%10.18%
Income Between 25k And 35k10.57%10.56%
Income Between 35k And 50k17.62%14.98%
Income Between 50k And 75k27.05%19.53%
Income Between 75k And 100k14.43%12.52%
Income Between 100k And 150k7.38%12.14%
Income Between 150k And 250k0.98%3.91%
Income Between 250k And 500k1.48%3.34%
Income Greater Than 500k0.16%0.75%
Economylafayette, orUS
Unemployment Rate10.70%9.10%
Recent Job Growth1.61%-0.12%
Future Job Growth32.52%31.25%
Sales Taxes0.00%6.80%
Income Taxes9.00%6.25%
Income Per Cap$19,478$27,067
Household Income$51,418$52,954
Housinglafayette, orUS
Median Home Age1535.1
Median Home Cost$156,500$175,100
Home Appreciation-6.02%-3.15%
Homes Owned71.97%59.90%
Housing Vacant7.58%10.37%
Homes Rented20.45%29.73%
Property Tax Rate$11.02$11.20
Owner Occupied Housing Units By Valuelafayette, orUS
Less Than 20k5.26%2.65%
20k To 399990.74%3.76%
40k To 599992.00%4.99%
60k To 799997.05%6.01%
80k To 999997.47%7.27%
100k To 14999923.89%19.24%
150k To 19999926.42%14.67%
200k To 29999919.26%18.09%
300k To 3999993.68%9.14%
400k To 4999991.68%4.94%
500k To 7499991.37%5.42%
750k To 9999990.53%2.03%
1kk Or More0.63%1.77%
Educationlafayette, orUS
School Expend$4,672$5,678
Pupil Teacher Ratio18.614.9
Students Per Librarian430803
Students Per Counselor469513
2 Yr College Grad6.77%7.47%
4 Yr College Grad10.40%17.42%
Graduate Degrees1.26%10.12%
High School Grads71.41%84.72%
Crimelafayette, orUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtlafayette, orUS
1999 To 200535.00%13.71%
1995 To 199812.38%8.54%
1990 To 199415.95%5.77%
1980 To 19896.14%13.87%
1970 To 197916.29%16.17%
1960 To 19694.32%11.70%
1950 To 19592.20%11.08%
1940 To 19492.05%6.02%
1939 Or Earlier5.68%13.15%

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