Detroit real estate foreclosure,Michigan real estate foreclosure
Detroit real estate foreclosure
Property Foreclosure Auctions
Free Foreclosures List
HUD Foreclosures for sale
Michigan real estate foreclosure
Detroit real estate foreclosure,Michigan real estate foreclosure
 Find Foreclosures in Michigan
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Easily search Detroit real estate foreclosure

Every state is a bit different with respect to the laws of property foreclosure auctions but we have Michigan free foreclosures lists and information to help you begin. If you are searching for a great deal on a foreclosure in a specific area please enter your zip code to get started. We've got great deals on Detroit real estate foreclosure, pre-foreclosed properties, REO properties and HUD foreclosures for sale daily.
Save time and gain instant equity!
We enable you to search Michigan real estate foreclosure, and through the three types of foreclosures. Search the Detroit Free foreclosures list for the simplest way to find great deals, but you can also buy Michigan real estate in foreclosure before it goes to auction (Pre-Foreclosure) or get the inside connection to MI bank owned property (REO)!

Free Foreclosures List
Our auction lists are available in almost every city and include specific information on foreclosure auction times , property information and opening bid.

HUD Foreclosures For Sale
Free listing of Detroit government foreclosures and HUD foreclosure lists. A property acquired by HUD as a result of a foreclosure action on an FHA-insured mortgage is called a HUD foreclosure.

Property Foreclosure Auctions
If you are interested in purchasing Michigan real estate foreclosure we can provide you with the information to buy a foreclosure with confidence.
Michigan real estate foreclosure
Buying a foreclosure property can be very confusing, which is why we make it quick and easy!

We enable you to search foreclosures by zip code to find the MI properties that are going to auction in Detroit. We also provide free HUD foreclosure listings and bank owned foreclosure listings so you can find deals from several sources.

We also work with real estate agents who are Michigan foreclosure experts and can help you find the right house for either your personal use or as an investment. We work hard to locate the best deals on Detroit real estate foreclosure. There are three categories of situations that make up the foreclosure process. Click on any of these links below to learn more:

Short Sale, Auction, REO
Free HUD Foreclosure Listings
Bank owned Foreclosure Listings

November 8th, 2010

By Jim Evans What are the most important factors when it comes to buying Michigan foreclosures? Most MI investors would agree that the cost of the property would be the essential factor that decides on paper if the property is worth purchasing. Before you consider which MI property to bid on, here are several other important factors.

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October 23th, 2010

By Brian Scott If Detroit property defaults back to the bank, what is the advantage of buying one of these Michigan properties? Doesn't this mean that nobody wants to pay the opening bid on the property because the house is over-valued? In short, yes, but the full answer is where you can make your profit. First of all, the banks are in the business of money, not the real estate business, so when it comes to foreclosure pricing at auctions or at short sales they are behind the curve on what the current market value of the opening bid needs to be.

As Michigan properties increasingly revert back to the banks though, they are beginning to catch on. After the banks get these properties back they realize that the reason why these properties didn't sell is that they are A) overpriced for the current Michigan market, and B) need work done to sell at current market price.

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