24,246 listings in Michigan
There are currently 24,246 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. $121K
Jackson, MI 49202
Single-Family
NEW
Est. $250K
Waterford, MI 48329
2 bd, 2.0 ba
NEW
Est. $241K
Utica, MI 48316
3 bd, 1.0 ba
NEW
Est. $177K
Kalamazoo, MI 49001
3 bd, 1 ba
NEW
Est. $75K
Detroit, MI 48205
3 bd, 2 ba
NEW
Est. $100K
Detroit, MI 48202
3 bd, 1 ba
NEW
Est. $277K
Livonia, MI 48152
3 bd, 2 ba
NEW
Est. $387K
Farmington, MI 48334
3 bd, 3 ba
NEW
Est. $286K
Plymouth, MI 48170
3 bd, 2 ba
Added yesterday
Est. $164K
Flint, MI 48504
6 bd, 3.0 ba
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.
