Federal Way FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Federal Way, Washington.

Featured Foreclosure Listings in Federal Way, WA

Federal Way Home Foreclosure Listing ID: 2154430

Foreclosure

Federal Way, WA - 98023

1 Bd | 1 Ba | $54,000.00

Federal Way Home Foreclosure Listing ID: 2135954

Foreclosure

Federal Way, WA - 98003

2 Bd | 1.5 Ba | $75,000.00

Federal Way Home Foreclosure Listing ID: 2154479

Foreclosure

Federal Way, WA - 98003

3 Bd | 1.1 Ba | $116,000.00

Federal Way Home Foreclosure Listing ID: 2072649

Foreclosure

Federal Way, WA - 98003

3 Bd | 1 Ba | $125,000.00

Federal Way Home Foreclosure Listing ID: 2154530

Foreclosure

Federal Way, WA - 98023

3 Bd | 2.1 Ba | $160,000.00

Total: 37
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
S 300TH ST Federal Way WA 98003 Foreclosures 1 1 $107,900.00 Details
2
22 Photos
SW 326TH ST Federal Way WA 98023 Foreclosures 4 2.5 $206,000.00 Details
3
6 Photos
10TH AVE SW UNIT T104 Federal Way WA 98023 Foreclosures 1 1 $54,000.00 Details
4
9 Photos
19TH AVE SW Federal Way WA 98023 Foreclosures 3 2.5 $232,900.00 Details
5
22 Photos
SW 337TH PL Federal Way WA 98023 Foreclosures 3 2.1 $160,000.00 Details
6
16 Photos
S 314TH ST Federal Way WA 98003 Foreclosures 3 1.1 $116,000.00 Details
7
10 Photos
11TH AVE SW Federal Way WA 98023 Foreclosures 4 3.5 $265,900.00 Details
8
28 Photos
SW 318TH PL APT C Federal Way WA 98023 Foreclosures 2 1.5 $59,900.00 Details
9
4 Photos
16TH AVE S Federal Way WA 98003 Foreclosures 2 1.5 $75,000.00 Details
10
16 Photos
26TH AVE S Federal Way WA 98003 Foreclosures 3 1 $125,000.00 Details
11
16 Photos
24TH AVE SW Federal Way WA 98023 Foreclosures 4 2 $170,800.00 Details
12
8 Photos
SW 318TH PL APT 2E Federal Way WA 98023 Foreclosures 1 1 $35,000.00 Details
13
16 Photos
13TH AVE SW Federal Way WA 98023 Foreclosures 3 2 $119,700.00 Details
14
7 Photos
S 330TH ST APT A Federal Way WA 98003 Foreclosures 2 1 $48,400.00 Details
15
6 Photos
SW 349TH ST Federal Way WA 98023 Foreclosures 3 2 $169,900.00 Details
16
7 Photos
33RD PL SW APT U204 Federal Way WA 98023 Foreclosures 1 1 $54,900.00 Details
17
9 Photos
SW 342ND PL Federal Way WA 98023 Foreclosures 4 2 $179,000.00 Details
18
8 Photos
S 284TH PL Federal Way WA 98003 Foreclosures 4 1.75 - Details
19
3 Photos
2ND AVE SW Federal Way WA 98023 Foreclosures 2 2 - Details
20
2 Photos
S 326TH ST Federal Way WA 98003 Foreclosures 3 2 - Details
About our Listings

How to Buy Federal Way Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Federal Way, WA starts with finding listings. By browsing Federal Way 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 Federal Way, WA.

>> See more info about how to Buy foreclosures

How to Invest in Federal Way Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Washington Foreclosure Laws

Foreclosure law

Washington 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 Federal Way 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 Federal Way REO properties.

Federal Way Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Federal Way Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Federal Way Pre-Foreclosures

Foreclosure

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

Federal Way Foreclosure Auctions

Foreclosure Auction

Most Federal Way 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 Federal Way, 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 Federal Way, WA. We offer a comprehensive Federal Way foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Federal Way, Washington

Find Home Foreclosure Listings in Federal Way, WA

Federal Way 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 Federal Way, WA 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 Federal Way Washington, best affordable foreclosure condo in Federal Way, cheap apartments for sale, bargain foreclosed homes for sale in Federal Way, WA and earn huge savings on the homes YOU want to buy!

Our Federal Way Foreclosure Lists

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

You can also search Auburn foreclosure listings and Bellevue foreclosure listings for more properties in the neighboring area.



Federal Way, WA

As of 2011, Federal Way's population is 83,889 people. Since 2000, it has had a population growth of 0. 67 percent. The median home cost in Federal Way is $256,800. Home appreciation the last year has been -5. 73 percent. Compared to the rest of the country, Federal Way's cost of living is 22. 30% Higher than the U. S. average. Federal Way public schools spend $4,538 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 5 students per teacher in Federal Way. The unemployment rate in Federal Way is 9. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Federal Way jobs have Decreased by 1. 17 percent. Average Commute time is 33 minutes. The National Average is 28 minutes.

Peoplefederal-way, waUS
Population83,889307,829,557
Pop Density3,93787
Pop Change0.67%9.34%
Median Age3636.6
Households31,580116,329,167
Household Size2.662.58
Male Population49.44%49.31%
Female Population50.56%50.69%
Married Population50.14%47.15%
Single Population49.86%52.85%
Estimated Households By Household Incomefederal-way, waUS
Income Less Than 15k8.30%12.10%
Income Between 15k And 25k7.76%10.18%
Income Between 25k And 35k10.79%10.56%
Income Between 35k And 50k14.83%14.98%
Income Between 50k And 75k22.70%19.53%
Income Between 75k And 100k14.75%12.52%
Income Between 100k And 150k13.88%12.14%
Income Between 150k And 250k3.78%3.91%
Income Between 250k And 500k2.75%3.34%
Income Greater Than 500k0.48%0.75%
Economyfederal-way, waUS
Unemployment Rate9.60%9.10%
Recent Job Growth-1.17%-0.12%
Future Job Growth28.06%31.25%
Sales Taxes8.90%6.80%
Income Taxes0.00%6.25%
Income Per Cap$27,658$27,067
Household Income$59,287$52,954
Housingfederal-way, waUS
Median Home Age29.235.1
Median Home Cost$256,800$175,100
Home Appreciation-5.73%-3.15%
Homes Owned55.20%59.90%
Housing Vacant4.51%10.37%
Homes Rented40.29%29.73%
Property Tax Rate$10.66$11.20
Owner Occupied Housing Units By Valuefederal-way, waUS
Less Than 20k1.36%2.65%
20k To 399991.86%3.76%
40k To 599991.26%4.99%
60k To 799991.18%6.01%
80k To 999990.94%7.27%
100k To 1499994.87%19.24%
150k To 19999911.38%14.67%
200k To 29999945.88%18.09%
300k To 39999918.10%9.14%
400k To 4999996.31%4.94%
500k To 7499995.39%5.42%
750k To 9999990.82%2.03%
1kk Or More0.65%1.77%
Educationfederal-way, waUS
School Expend$4,538$5,678
Pupil Teacher Ratio19.514.9
Students Per Librarian764803
Students Per Counselor707513
2 Yr College Grad10.72%7.47%
4 Yr College Grad20.98%17.42%
Graduate Degrees9.28%10.12%
High School Grads91.10%84.72%
Crimefederal-way, waUS
Violent Crime54
Property Crime74
Housing Units By Year Structure Builtfederal-way, waUS
1999 To 20054.46%13.71%
1995 To 19986.85%8.54%
1990 To 199410.90%5.77%
1980 To 198931.05%13.87%
1970 To 197926.52%16.17%
1960 To 196914.34%11.70%
1950 To 19593.62%11.08%
1940 To 19491.06%6.02%
1939 Or Earlier1.21%13.15%

Table Information