Cambridge FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
3 Photos
FRANKLIN ST Cambridge MA 02139 Foreclosures 2 1 - Details
2
6 Photos
GARDEN ST APT B2 Cambridge MA 02138 Foreclosures 3 2 $384,900.00 Details
About our Listings

How to Buy Cambridge Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Cambridge Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Cambridge Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Cambridge Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Cambridge Pre-Foreclosures

Foreclosure

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

Cambridge Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Cambridge, Massachusetts

Find Home Foreclosure Listings in Cambridge, MA

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

Our Cambridge Foreclosure Lists

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

You can also search Winchester foreclosure listings and Somerville foreclosure listings for more properties in the neighboring area.



Cambridge, MA

As of 2011, Cambridge's population is 106,874 people. Since 2000, it has had a population growth of 5. 39 percent. The median home cost in Cambridge is $528,800. Home appreciation the last year has been -0. 02 percent. Compared to the rest of the country, Cambridge's cost of living is 76. 40% Higher than the U. S. average. Cambridge public schools spend $15,902 per student. The average school expenditure in the U. S. is $5,678. There are about 9. 6 students per teacher in Cambridge. The unemployment rate in Cambridge is 4. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Cambridge jobs have Increased by 0. 39 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplecambridge, maUS
Population106,874307,829,557
Pop Density15,85587
Pop Change5.39%9.34%
Median Age34.436.6
Households44,839116,329,167
Household Size2.042.58
Male Population49.43%49.31%
Female Population50.57%50.69%
Married Population27.49%47.15%
Single Population72.51%52.85%
Estimated Households By Household Incomecambridge, maUS
Income Less Than 15k13.03%12.10%
Income Between 15k And 25k7.92%10.18%
Income Between 25k And 35k7.94%10.56%
Income Between 35k And 50k11.93%14.98%
Income Between 50k And 75k16.55%19.53%
Income Between 75k And 100k12.14%12.52%
Income Between 100k And 150k15.13%12.14%
Income Between 150k And 250k6.58%3.91%
Income Between 250k And 500k6.87%3.34%
Income Greater Than 500k1.91%0.75%
Economycambridge, maUS
Unemployment Rate4.30%9.10%
Recent Job Growth0.39%-0.12%
Future Job Growth36.48%31.25%
Sales Taxes5.00%6.80%
Income Taxes5.30%6.25%
Income Per Cap$39,869$27,067
Household Income$64,126$52,954
Housingcambridge, maUS
Median Home Age71.335.1
Median Home Cost$528,800$175,100
Home Appreciation-0.02%-3.15%
Homes Owned33.80%59.90%
Housing Vacant6.64%10.37%
Homes Rented59.56%29.73%
Property Tax Rate$11.70$11.20
Owner Occupied Housing Units By Valuecambridge, maUS
Less Than 20k0.07%2.65%
20k To 399990.12%3.76%
40k To 599990.56%4.99%
60k To 799990.19%6.01%
80k To 999990.09%7.27%
100k To 1499991.01%19.24%
150k To 1999992.81%14.67%
200k To 29999912.06%18.09%
300k To 39999916.20%9.14%
400k To 49999914.96%4.94%
500k To 74999925.85%5.42%
750k To 99999912.72%2.03%
1kk Or More13.35%1.77%
Educationcambridge, maUS
School Expend$15,902$5,678
Pupil Teacher Ratio9.614.9
Students Per Librarian424803
Students Per Counselor467513
2 Yr College Grad3.25%7.47%
4 Yr College Grad26.91%17.42%
Graduate Degrees42.88%10.12%
High School Grads92.25%84.72%
Crimecambridge, maUS
Violent Crime54
Property Crime54
Housing Units By Year Structure Builtcambridge, maUS
1999 To 20059.17%13.71%
1995 To 19981.56%8.54%
1990 To 19942.63%5.77%
1980 To 19895.46%13.87%
1970 To 19799.76%16.17%
1960 To 19698.05%11.70%
1950 To 19596.69%11.08%
1940 To 19494.59%6.02%
1939 Or Earlier52.09%13.15%

Table Information

Cambridge Areas