Rainier FORECLOSURE LISTINGS

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

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
3 Photos
SEATTLE ST E Rainier WA 98576 Foreclosures 3 2 $123,000.00 Details
2
13 Photos
RAINIER RD SE Rainier WA 98576 Foreclosures 2 2 $79,500.00 Details
3
3 Photos
OLYMPIA ST W Rainier WA 98576 Foreclosures 3 1 $100,000.00 Details
4
1 Photo
131ST LN SE Rainier WA 98576 Foreclosures 3 2 $294,900.00 Details
5 -
0 Photo
138TH AVE SE Rainier WA 98576 Foreclosures 3 3.75 $256,900.00 Details
6
10 Photos
PLESS RD SE Rainier WA 98576 Foreclosures 3 1 $195,000.00 Details
About our Listings

How to Buy Rainier Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Rainier Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Rainier Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Rainier Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Rainier Pre-Foreclosures

Foreclosure

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

Rainier Foreclosure Auctions

Foreclosure Auction

Most Rainier 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 Rainier, 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 Rainier, WA. We offer a comprehensive Rainier foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Rainier, Washington

Find Home Foreclosure Listings in Rainier, WA

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

Our Rainier Foreclosure Lists

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

You can also search Olympia foreclosure listings and Rochester foreclosure listings for more properties in the neighboring area.



Rainier, WA

As of 2011, Rainier's population is 1,658 people. Since 2000, it has had a population growth of 11. 20 percent. The median home cost in Rainier is $210,600. Home appreciation the last year has been -6. 07 percent. Compared to the rest of the country, Rainier's cost of living is 9. 20% Higher than the U. S. average. Rainier public schools spend $4,431 per student. The average school expenditure in the U. S. is $5,678. There are about 23. 8 students per teacher in Rainier. The unemployment rate in Rainier is 8. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Rainier jobs have Decreased by 0. 74 percent. Average Commute time is 36 minutes. The National Average is 28 minutes.

Peoplerainier, waUS
Population1,658307,829,557
Pop Density1,02187
Pop Change11.20%9.34%
Median Age39.636.6
Households627116,329,167
Household Size2.632.58
Male Population49.18%49.31%
Female Population50.82%50.69%
Married Population52.16%47.15%
Single Population47.84%52.85%
Estimated Households By Household Incomerainier, waUS
Income Less Than 15k7.52%12.10%
Income Between 15k And 25k8.64%10.18%
Income Between 25k And 35k9.28%10.56%
Income Between 35k And 50k16.80%14.98%
Income Between 50k And 75k24.16%19.53%
Income Between 75k And 100k18.08%12.52%
Income Between 100k And 150k12.16%12.14%
Income Between 150k And 250k1.76%3.91%
Income Between 250k And 500k1.28%3.34%
Income Greater Than 500k0.32%0.75%
Economyrainier, waUS
Unemployment Rate8.90%9.10%
Recent Job Growth-0.74%-0.12%
Future Job Growth29.62%31.25%
Sales Taxes7.80%6.80%
Income Taxes0.00%6.25%
Income Per Cap$24,827$27,067
Household Income$58,027$52,954
Housingrainier, waUS
Median Home Age2735.1
Median Home Cost$210,600$175,100
Home Appreciation-6.07%-3.15%
Homes Owned75.95%59.90%
Housing Vacant5.45%10.37%
Homes Rented18.61%29.73%
Property Tax Rate$12.74$11.20
Owner Occupied Housing Units By Valuerainier, waUS
Less Than 20k0.60%2.65%
20k To 399990.00%3.76%
40k To 599990.60%4.99%
60k To 799992.79%6.01%
80k To 999993.59%7.27%
100k To 14999913.15%19.24%
150k To 19999926.29%14.67%
200k To 29999928.29%18.09%
300k To 3999997.17%9.14%
400k To 4999997.77%4.94%
500k To 7499992.39%5.42%
750k To 9999991.79%2.03%
1kk Or More5.58%1.77%
Educationrainier, waUS
School Expend$4,431$5,678
Pupil Teacher Ratio23.814.9
Students Per Librarian1880803
Students Per Counselor495513
2 Yr College Grad10.35%7.47%
4 Yr College Grad8.70%17.42%
Graduate Degrees7.04%10.12%
High School Grads90.79%84.72%
Crimerainier, waUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtrainier, waUS
1999 To 200512.25%13.71%
1995 To 199810.27%8.54%
1990 To 199414.99%5.77%
1980 To 198916.79%13.87%
1970 To 197926.02%16.17%
1960 To 19697.87%11.70%
1950 To 19592.57%11.08%
1940 To 19492.87%6.02%
1939 Or Earlier6.35%13.15%

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