This property will be sold to the highest bidder at the location below, or at the county courthouse on the date listed. We strongly encourage all potential home buyers to view the property prior to purchase, either through an open house or a private showing.The Detroit Land Bank Authority does not have knowledge as to the status of the water service line on this property. As of December 23, Detroit, MI currently has 1,630 tax liens available. These money-making opportunities can deliver huge savings on your next purchase. If available, the auction's starting minimum bid (the smallest amount you can offer for the home) is provided. The property was foreclosed and repossessed by a lender when the owner failed to make payments. Foreclosure Homes for Sale in Detroit, MI: Everything You Need to Know. September 2018 witnessed a 4% increase in foreclosure filings than the month prior and a 55% drop from the previous year, which is a good sign. Remember, we update our listings often so be sure to check back daily! This property is in initial default, also known as Pre-Foreclosure. Large kitchen with breakfast room, also partially finished basement. The list price is provided but any reasonable bid may be submitted. What happens when you buy a tax lien? View all Detroit, MI foreclosed homes currently on the market. In addition to paying the remaining sale price on your property, you should be prepared to pay the following estimated closing costs:Closing/Title fees: $450Recording fee: $30Tax certification fee: $25Title Insurance: Starting at $322.25Note: These are only estimates and are subject to change. This home is sold via an auction process whereby the highest bidder wins the home, but usually at prices affordable for lower-income families. Foreclosure Homes in Detroit, MI Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) You will receive FREE saved search emails directly to your inbox. We provide Detroit Michigan and nationwide foreclosure listings directly from the source. Owner-occupants are given preference before investors. Search Detroit, MI 48221 foreclosures & foreclosed homes for sale, real estate, and MLS Listings. A list price is published but reasonable offers can be submitted for consideration. A bank is now the owner. But remember, as you search for the right place, it is important to be a critical buyer, keeping in mind vital things like the location and condition of the home, whether it is within your comfortable price range and more. Access your saved searches here. Get an amazing deal by purchasing a property under market value in the area that you are interested in. Search 712 Foreclosure Listings in Detroit MI, with data on unpaid balances and auction dates. Contact our foreclosure brokers directly. Gorgeous brick 4 bedroom colonial, 2 bath Rehabbed and Ready home is located in Schulze neighborhood neighboring Bagley Community. Detroit officially became a city in 1815. Regardless of the type of property you are looking for, our Detroit foreclosure listings will help both first time home buyers and real estate experts find the ideal property. Offer deadline is scheduled for Monday, November 30, 2020 @ noon! and others — in and near the Detroit, MI area at Foreclosure.com. The cost to reconnect a water service line can exceed $10,000, and any purchaser will be required to reconnect the water service line at their own expense as part of the purchase requirement to rehabilitate the property.Please also note that at closing the purchaser will be responsible for paying all properly-assessed property taxes not otherwise exempt pursuant to the statutory authority of the Detroit Land Bank. All Rights Reserved, Terms & Conditions, Copyright and Privacy Policy. Incredible Savings on Foreclosures in Detroit, MI. Fannie Mae and Freddie Mac are chartered by the U.S. government to help families of low- and moderate-income to become homeowners. If you located a great foreclosed HUD home deal near you, be sure to first get pre-qualified before attempting to purchase the property - this is something you can do on your own online. We will be removing the Sheriff Sales category in the near future. Find and bid on Residential Real Estate in Detroit, MI. Garden HomesPurchasers should plan on making a range of repairs to the property, and bidders are strongly encouraged to review the attached Inspection/Condition Report for more detail. A list price is published but reasonable offers can be submitted for consideration. The property was foreclosed and repossessed by a lender when the owner failed to make payments. Detroit, MI foreclosed homes for sale and MLS Listings. Search for a property listing in Detroit, MI The home-buying process can be exciting, whether you are considering new or existing homes or Detroit, MI foreclosures. View all information about foreclosed home listings near you. No asking price is posted on Pre Foreclosures because these properties are not formally listed on the market for sale, yet. The purchaser will be charged $1,000.00 upon winning the bid, regardless of any discounts. Throughout Detroit, MI, there are more than 72 pre-foreclosure listings. HUD offers a variety of apartments, duplexes, townhouses and single-family houses to purchase in Detroit Michigan. 15 Homes Sort by. Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) Detroit, MI 48234. 12-03-2020 Active. 100% Totally FREE Detroit, MI Foreclosure Listings. that match this search. All of our Detroit government foreclosure listings and Detroit bank-owned properties list are FREE! Preforeclosure Homes in Detroit, MI Foreclosed properties and pre-foreclosures are well known to create excellent opportunities for real estate investors, sometimes as much as a fifty percent discount from market value. Browse photos, see new properties, get open house info, and research neighborhoods on Trulia. Foreclosure $34,000 Map. This contact can provide more details about this property, as well as the current special financing programs that may be available through Fannie Mae or Freddie Mac. 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