24,183 listings 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.
NEW
Est. $105K
Flint, MI 48532
3 bd, 2 ba
NEW
Est. $119K
Westland, MI 48185
1.0 ba, Single-Family
NEW
Est. $352K
Detroit, MI 48202
6 bd, 4 ba
NEW
Est. $197K
Newaygo, MI 49337
3 bd, 2 ba
NEW
$164,900
Westland, MI 48186
About 17% below estimate
NEW
Est. $301K
Bangor, MI 49013
Single-Family
NEW
$155,000
Harper Woods, MI 48225
About 23% below estimate
NEW
$57,000
Detroit, MI 48238
About 20% below estimate
NEW
$15,000
Warren, MI 48089
3 bd, 2 ba
NEW
$44,000
Detroit, MI 48235
About 26% below estimate
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.
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.
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Click on a city below to see all available listings.
Click on a city below to see all available listings.