Reading FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Reading, PA

Reading Home Foreclosure Listing ID: 2039738

Foreclosure

Reading, PA - 19604

4 Bd | 2 Ba | $19,900.00

Reading Home Foreclosure Listing ID: 2024027

Foreclosure

Reading, PA - 19601

5 Bd | 2 Ba | $22,500.00

Reading Home Foreclosure Listing ID: 2051887

Foreclosure

Reading, PA - 19601

3 Bd | 1 Ba | $31,000.00

Reading Home Foreclosure Listing ID: 2056591

Foreclosure

Reading, PA - 19602

5 Bd | 2 Ba | $65,000.00

Reading Home Foreclosure Listing ID: 2041446

Foreclosure

Reading, PA - 19606

3 Bd | 1 Ba | $90,000.00

Total: 36
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
NEVERSINK ST Reading PA 19606 Foreclosures 3 1 $90,000.00 Details
2
24 Photos
CLYMER ST Reading PA 19602 Foreclosures 5 2 $65,000.00 Details
3
19 Photos
N 12TH ST Reading PA 19604 Foreclosures 4 2 $19,900.00 Details
4
22 Photos
NEW HOLLAND RD Reading PA 19607 Foreclosures 4 2 $115,000.00 Details
5
11 Photos
SADOWSKI DR Reading PA 19606 Foreclosures 2 2 $169,500.00 Details
6
1 Photo
DELAWARE AVE Reading PA 19610 Foreclosures 3 2 $131,900.00 Details
7
25 Photos
W OLEY ST Reading PA 19601 Foreclosures 5 2 $22,500.00 Details
8
2 Photos
S MILLER ST Reading PA 19607 Foreclosures 3 2.5 $119,900.00 Details
9
2 Photos
WOODVALE AVE Reading PA 19606 Foreclosures 5 1 $91,500.00 Details
10
12 Photos
MULBERRY ST Reading PA 19604 Foreclosures 3 1 $18,000.00 Details
11
8 Photos
N 23RD ST Reading PA 19606 Foreclosures 4 1 $22,900.00 Details
12
28 Photos
W HULLER LN Reading PA 19605 Foreclosures 3 1.5 $65,000.00 Details
13
1 Photo
S PARK RD Reading PA 19610 Foreclosures 4 1.1 $114,000.00 Details
14
21 Photos
ROBESON ST Reading PA 19601 Foreclosures 3 1 $31,000.00 Details
15
7 Photos
W 37TH ST Reading PA 19606 Foreclosures 4 1.5 $109,900.00 Details
16
7 Photos
WOODLAND AVE Reading PA 19606 Foreclosures 3 2 $79,500.00 Details
17
23 Photos
WASHINGTON DR Reading PA 19606 Foreclosures 3 2 $133,900.00 Details
18
2 Photos
S 6TH ST Reading PA 19602 Foreclosures 4 1 $31,500.00 Details
19
1 Photo
DENNIS DR Reading PA 19601 Auctions 4 1 - Details
20
4 Photos
CHURCH ST Reading PA 19601 Foreclosures 2 1 - Details
About our Listings

How to Buy Reading Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Reading, PA starts with finding listings. By browsing Reading 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 Reading, PA.

>> See more info about how to Buy foreclosures

How to Invest in Reading Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Pennsylvania Foreclosure Laws

Foreclosure law

In the state of Pennsylvania, real estate foreclosures are judicial foreclosures, meaning that distressed properties in Pennsylvania 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 Pennsylvania REO properties.

Reading Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Reading Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Reading Pre-Foreclosures

Foreclosure

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

Reading Foreclosure Auctions

Foreclosure Auction

Most Reading 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 Reading, 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 Reading, PA. We offer a comprehensive Reading foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Reading, Pennsylvania

Find Home Foreclosure Listings in Reading, PA

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

Our Reading Foreclosure Lists

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

You can also search Wernersville foreclosure listings and Bechtelsville foreclosure listings for more properties in the neighboring area.



Reading, PA

As of 2011, Reading's population is 81,726 people. Since 2000, it has had a population growth of 0. 67 percent. The median home cost in Reading is $69,200. Home appreciation the last year has been -1. 70 percent. Compared to the rest of the country, Reading's cost of living is 15. 50% Lower than the U. S. average. Reading public schools spend $5,451 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 2 students per teacher in Reading. The unemployment rate in Reading is 12. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Reading jobs have Decreased by 1. 03 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplereading, paUS
Population81,726307,829,557
Pop Density8,21587
Pop Change0.67%9.34%
Median Age31.836.6
Households29,418116,329,167
Household Size2.692.58
Male Population48.81%49.31%
Female Population51.19%50.69%
Married Population31.57%47.15%
Single Population68.43%52.85%
Estimated Households By Household Incomereading, paUS
Income Less Than 15k26.00%12.10%
Income Between 15k And 25k17.42%10.18%
Income Between 25k And 35k15.68%10.56%
Income Between 35k And 50k16.79%14.98%
Income Between 50k And 75k14.63%19.53%
Income Between 75k And 100k5.09%12.52%
Income Between 100k And 150k3.32%12.14%
Income Between 150k And 250k0.44%3.91%
Income Between 250k And 500k0.56%3.34%
Income Greater Than 500k0.08%0.75%
Economyreading, paUS
Unemployment Rate12.10%9.10%
Recent Job Growth-1.03%-0.12%
Future Job Growth25.84%31.25%
Sales Taxes6.00%6.80%
Income Taxes3.57%6.25%
Income Per Cap$13,825$27,067
Household Income$29,066$52,954
Housingreading, paUS
Median Home Age75.735.1
Median Home Cost$69,200$175,100
Home Appreciation-1.70%-3.15%
Homes Owned42.83%59.90%
Housing Vacant12.29%10.37%
Homes Rented44.88%29.73%
Property Tax Rate$18.32$11.20
Owner Occupied Housing Units By Valuereading, paUS
Less Than 20k2.00%2.65%
20k To 3999911.19%3.76%
40k To 5999929.07%4.99%
60k To 7999924.49%6.01%
80k To 9999912.49%7.27%
100k To 14999913.47%19.24%
150k To 1999993.39%14.67%
200k To 2999992.64%18.09%
300k To 3999990.65%9.14%
400k To 4999990.17%4.94%
500k To 7499990.25%5.42%
750k To 9999990.10%2.03%
1kk Or More0.09%1.77%
Educationreading, paUS
School Expend$5,451$5,678
Pupil Teacher Ratio16.214.9
Students Per Librarian926803
Students Per Counselor440513
2 Yr College Grad5.17%7.47%
4 Yr College Grad7.27%17.42%
Graduate Degrees3.67%10.12%
High School Grads67.59%84.72%
Crimereading, paUS
Violent Crime74
Property Crime64
Housing Units By Year Structure Builtreading, paUS
1999 To 20053.11%13.71%
1995 To 19981.06%8.54%
1990 To 19940.62%5.77%
1980 To 19892.76%13.87%
1970 To 19796.07%16.17%
1960 To 19696.63%11.70%
1950 To 195910.20%11.08%
1940 To 194911.57%6.02%
1939 Or Earlier57.98%13.15%

Table Information