Home  /  Michigan Foreclosures

Search Michigan Foreclosures

749 new this week Next auction Mon, Nov 16

Foreclosure Homes in Michigan

There are currently 24,183 foreclosure homes listed in Michigan. Buying a distressed property in Michigan can save you as much as 50 percent compared to a traditional sale. Along with bank-owned foreclosures, you can browse rent-to-own homes, short sales, preforeclosures, bankruptcies and government-owned listings such as HUD, Fannie Mae and Freddie Mac. Pick a city or county below to see every distressed listing in Michigan.

749 new Added this week in Michigan

See all 749 new listings
  1. Property in Flint, MI 48532 NEW Foreclosure Est. $105K Flint, MI 48532 3 bd, 2 ba
  2. Property in Westland, MI 48185 NEW Foreclosure Est. $119K Westland, MI 48185 1.0 ba, Single-Family
  3. Property in Detroit, MI 48202 NEW Foreclosure Est. $352K Detroit, MI 48202 6 bd, 4 ba
  4. Property in Newaygo, MI 49337 NEW Preforeclosure Est. $197K Newaygo, MI 49337 3 bd, 2 ba
  5. Property in Westland, MI 48186 NEW Deal $164,900 Westland, MI 48186 About 17% below estimate
  6. Property in Bangor, MI 49013 NEW Preforeclosure Est. $301K Bangor, MI 49013 Single-Family
  7. Property in Harper Woods, MI 48225 NEW Fixer upper $155,000 Harper Woods, MI 48225 About 23% below estimate
  8. Property in Detroit, MI 48238 NEW Fixer upper $57,000 Detroit, MI 48238 About 20% below estimate
  9. Property in Warren, MI 48089 NEW Fixer upper $15,000 Warren, MI 48089 3 bd, 2 ba
  10. Property in Detroit, MI 48235 NEW Fixer upper $44,000 Detroit, MI 48235 About 26% below estimate

Upcoming Michigan auctions

See all 736 homes at auction this week
  1. Wayne County 14 homes, tomorrow
  2. Genesee County 7 homes, tomorrow
  3. Macomb County 5 homes, tomorrow
  4. Manistee County 3 homes, tomorrow

Michigan Foreclosure Laws

In Michigan, most foreclosures are completed outside of court through a nonjudicial process called foreclosure by advertisement. Loans are usually secured by mortgages. The process often moves relatively quickly once notices are posted and published. Borrowers usually have a limited redemption period after the sale, and deficiency balances may still be owed in some cases.

Foreclosure type
Non-Judicial (Judicial allowed)
Typical timeline
3-6 months typical
Deficiency judgment
Deficiency judgments permitted
Redemption period
Post-sale redemption usually 6 months.
Process and statute references
  • Mortgage Instrument Security Type
    Mortgage. Deeds of trust are not standard.
  • Process Summary
    Michigan typically uses nonjudicial foreclosure by advertisement. After sale, borrowers usually have a statutory redemption period.
  • Notice / Timing Statute
    Michigan Compiled Laws § 600.3201 et seq. (statutory foreclosure by advertisement)
  • Redemption Statute(s)
    Michigan Compiled Laws § 600.3240 (redemption periods vary by property type)
  • Deficiency Statute(s)
    Michigan Compiled Laws § 600.3280 (deficiency allowed after foreclosure)

How to Buy a Foreclosure in Michigan

To buy a foreclosure in Michigan, review county treasurer tax sale lists, MLS notices, and court foreclosure auctions. Michigan uses judicial foreclosure; be aware of redemption rights. Arrange financing early. Perform a title search and property assessment. Participate in the foreclosure auction or negotiate with the lender for REO sales.

What type of foreclosure is used in Michigan?
The type of foreclosure in Michigan is Non-Judicial (Judicial allowed)
Is there a redemption period in Michigan?
Post-sale redemption usually 6 months.
Are deficiency judgments allowed in Michigan?
Deficiency judgments permitted in Michigan
How do you buy a foreclosure in Michigan?
To buy a foreclosure in Michigan, review county treasurer tax sale lists, MLS notices, and court foreclosure auctions.

FREE Listing Alerts

Get the newest Michigan foreclosures by email.

Equal Housing Opportunity
Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch.com 1999-2026. All Rights Reserved.