Farmington Hills Foreclosed Homes For Sale

Bank owned homes for sale

Below are all the active foreclosed homes & bank owned homes in Farmington Hills MI currently updated every half hour.  This includes all Fannie Mae homes for sale, Freddie Mac homes for sale, Bank of America (B of A), Wells Fargo, Flagstar assets, Government owned homes, HUD homes for sale, reo homes, and 356 additional banks.

Bank Owned Foreclosed Homes in Farmington Hills

New Listings First
4 Properties Found.

Residential Real Estate for Sale located in the neighborhood of SUPRVR'S MIDDLE BELT & TEN MILE RD PLAT NO 1, in the city of Farmington Hills, MI

23245 Tulane Ave

$189,900

Farmington Hills, MI
3 Bed, 2.1 Bath, 2202 Sqft, 0.51 Acres
Residential

Farmington Hills Real Estate - MLS # 218066293, Residential real estate for Sale in STAMAN ACRES SUB NO 2, MLS Listings # 218066293

31964 Staman Crt

$225,000

Farmington Hills, MI
8 Bed, 3.3 Bath, 3007 Sqft, 0.67 Acres
Residential

Click here to find our "Buying Foreclosed Homes in Farmington Hills MI FAQ"

Foreclosed / Bank Owned homes in Farmington Hills MI for sale over the last 7 years have represented some of the best and worst ways for families to get a great deal on their home purchase.  Unlike the Zillow pre-foreclosures, Trulia Sheriff Alerts and the local paper filings these are actual homes on the market and available to see today.  That said, the best deals move quickly!  Currently there are over 80 homes sold each month in Farmington and Farmington Hills.  This means that there are over 80 families actively looking every month.  To stay in front of the best deals as they occur, as well as the wolf in sheep clothing (homes that look like a great deal but end up costing more due to hidden defects) contact a member of the Michael Perna Team at 248-221-1224.    Below the foreclosed homes in Farmington Hills MI search also find all the active homes available in Farmington Hills including any estate sales, short sales, and distressed sales that don't fall under the bank owned/foreclosed ownership.  

Here's the quick and the dirty list of do's and don't's.

DO: Get a private property inspection from a qualified home inspector when purchasing one of the Farmington Hills Bank Owned Homes for sale.  This is not uncle Jim the family contractor that has experience with heating and cooling.  This is from as actual AASHI or NASHI certified home inspector.  In Michigan there is no licencing for home inspectors.  That said the American Association of Home Inspectors and the National Association of Home Inspectors have strict guidelines that must be met to be a member.  This includes completing 500 home inspections, passing tests in all major relevant areas of home inspecting, continuing code education and more.  The follow up question we typically are asked is on hud homes for sale is it worth the $100-150 cost to de-winterize and re-winterize the property to fully check the plumbing and other systems.  Yes it is!  This one thing alone has saved my buyers tens of thousands during their bank owned purchase.  A Perna Team Realtor will always protect your right to a home inspection though many may advise buying a home "as-is"

DON'T:  Don't accept anything less then a Warranty or Special Warranty Deed when working with a bank on a current Farmington Hills Bank Owned Home For Sale.  Quit Claim Deeds in Michigan offer no protection to purchaser though that's exactly what is given by many banks as well as all Tax Auctions in Michigan.  Cities will give a Quit Claim deed "quitting their claim" on a property whether they have one or not.  Clearing title from one of the taxes auctions typically costs $800-1500 in court and Atty fees.  Also as we are not attorney's and therefore cannot dispense legal advise we advise seeing a Real Estate Specific Attorney.  Foreclosed Homes for sale represent some of the worst, but legal, title transfers out there.

DO:  Contact and have ready a Real Estate Related Attorney for any questions and issues that may arise.  As Realtors we're able to avoid almost all the pitfalls that may occur when buying a home, but from time to time an Attorney is necessary.  This may include putting your home into a Trust, or if selling, navigating the Probate steps if working with an estate.  Attorney's we find are similar to doctors.  When one has a tooth problem don't go to a foot doctor, go see the Dentist.  The foot doctor learned about eyes in Medical School but is not caught up on current procedures.  Should you need one, contact Melanie J Duda.  She is a fantastic Real Estate Lawyer we've found to keep her clients best interests at heart.  Her contact info can be found here www.mdudalaw.com.

For a deeper understanding of Bank Owned homes, the purchase process and how to get the best possible price contact The Perna Team at 248-221-1224 or MichaelPerna@kw.com

2014 Farmington Hills Foreclosures / Bank Owned Home Sales in Review

 In 2014 there were 126 Bank Owned, Fannie Mae, Freddie Mac and Government Owned (Hud Homes) Homes that sold in Farmington Hills Michigan out of a total of 1516 homes representing 8.31% of all Farmington Hills home sales.  Below find a complete accounting including sales price and date.  We hope this will give greater insight into the current pricing of Farmington Hills Bank Owned for sale by looking back at the previous year of sales.

 

Sold Date Neighborhood Name Address Sold Price Square Footage Bedrooms Bathrooms Price Per Square Foot Home Style Owned By
4/9/2014 Country Ridge 30768 Sunderland 310000 2809 4 3.1 110.35 Colonial Fannie MAE/Freddie MAC
5/19/2014 Hunters Pointe 29886 Fox Club Drive 302150 2798 4 2.1 107.98 Colonial Fannie MAE/Freddie MAC
6/24/2014 Orchard West 31500 Bristol Lane 301099 2608 3 3.1 115.45 Colonial Fannie MAE/Freddie MAC
12/15/2014 Woodland Trails 29170 Apple Blossom Lane 300000 2779 4 3.1 107.95 Colonial Fannie MAE/Freddie MAC
1/3/2014 Timbercrest Woods 29320 Fieldstone 292000 3060 4 2.1 95.42 Colonial Government Owned HUD Home
8/28/2014 Meadowbrook Hills 37866 Tralee Trail 289900 3289 4 2.1 88.14 Tri Level Fannie MAE/Freddie MAC
3/6/2014 Forest at Orchard Lake 31033 Scenic View Circle 280450 2098 3 2.1 133.67 Detached Condominium Bank Owned
6/11/2014 Ramblewood 30370 Tanglewood Drive 272000 3576 4 3.1 76.06 Colonial Fannie MAE/Freddie MAC
4/2/2014 The Woods of Copper Creek 29816 Hidden Trail 271000 2635 4 3.1 102.84 Contemporary - 1st floor master bedroom Condominium Bank Owned
7/23/2014 Country Ridge 30981 Sunderland Drive 270000 2647 3 2.1 102 Contemporary - 1st floor master bedroom - Cape Cod Wells Fargo
4/7/2014 Country Ridge 31153 Country Ridge Cricle 259900 3048 3 3 85.26 Colonial Fannie MAE/Freddie MAC
5/19/2014 Meadowglen 37816 Baywood Drive 257500 2107 4 2.1 122.21 Colonial Fannie MAE/Freddie MAC Homepath
4/8/2014 Heritage Village 24638 Toddy Lane 250000 2186 4 3.1 114.36 Colonial Fannie MAE/Freddie MAC Homesteps
11/13/2014 Ramblewood Estates Condo 30764 Ramblewood Trail 243000 2427 3 2.1 100.12 Cape Cod - Contempprary - first floor master Fannie MAE/Freddie MAC First Look Program
8/27/2014 Timbercrest 27239 Winterset Circle 238875 2726 4 3.1 87.62 Colonial Bank Owned Auction
2/20/2014 Arbor Park Sub 23959 Stony Creed Drive 236000 2682 4 2.2 87.99 Colonial Fannie MAE/Freddie MAC First Look Program
5/28/2014 Heritage Hills 30833 Oak Valley Drive 235000 1894 3 2.1 124.07 Ranch Fannie MAE/Freddie MAC First Look Program
12/18/2014 Ramblewood 36932 Fox Run 231000 3199 4 3.1 72.21 Colonial Bank Owned Auction
7/11/2014 Farmington Ridge 30413 Scotshire Court 230000 2157 4 3.1 106.62 Colonial Fannie MAE/Freddie MAC Homepath
4/17/2014 Alta Loma Park Sub 34196 Schulte Drive 215000 2535 5 2.1 84.81 Colonial Fannie MAE/Freddie MAC Homepath
8/13/2014 Independence Commons 35727 Old Homestead Drive 215000 2982 4 2.1 72.09 Split Level - Tri Level Fannie MAE/Freddie MAC Homepath
1/31/2014 Drake Heightos 34940 Oakland Street 204501 2171 4 2.1 94.19 Colonial Fannie MAE/Freddie MAC Homepath
5/19/2014 Oaklands 29615 Green Acres 200000 2102 5 3 95.14 Bungelow Bank Owned
6/20/2014 Lincolnshire Estates 25517 Lyford Street 200000 2314 4 2.1 86.43 Ranch Fannie MAE/Freddie MAC Homepath
6/25/2014 Alta Loma Park Sub 33825 James Court 191601 2162 4 2.1 88.62 Tri Level Fannie MAE/Freddie MAC Homepath
1/28/2014 Kendallwood 28334 Ridgebrook 190000 2285 4 3 83.15 Tri-Level Fannie MAE/Freddie MAC
8/23/2014 Krave's Grand River Heights 20845 Parker Street 190000 1814 3 2.1 104.74 Colonial Fannie MAE/Freddie MAC
2/25/2014 Westbrooke Manor 32484 Chesterbrook Street 188000 1877 3 2.1 95.89 Ranch Fannie MAE/Freddie MAC
9/30/2014 Kendallwood 28644 Westerleigh 184900 2292 4 2.1 80.67 Quad Level Fannie MAE/Freddie MAC
2/13/2014 Irv Wilcove Estates 23825 Scott Drive 180555 1967 3 2.1 91.79 Ranch Bank Owned
3/31/2014 Farmington Ridge 37416 Chesterfield 180039 2293 4 2.1 78.51 Colonial Bank Owned Hubzu Altisource
10/9/2014 Old Homestead 36124 Paddleford Road 179900 3116 4 3.1 57.73 Tri Level Bank Owned
7/11/2014 Nova Woods Condo 29639 Nova Woods Drive 178000 1969 2 2 90.4 Ranch Bank Owned
10/3/2014 Kendallwood 28517 Kirkside 176904 2526 4 2.1 70.03 Colonial Bank Owned Hubzu Altisource
10/17/2014 Briar Hill 30061 Ravenscroft 173900 1942 4 2 89.54 Colonial Fannie MAE/Freddie MAC
2/26/2014 Farmington Green West 28295 Gettysburg 165000 1528 3 1.1 107.98 Colonial Bank Owned - Corporate Owned
9/11/2014 Glen Oaks Village condo 29395 Glen Oaks Boulevart E 165000 1598 2 2 103.25 Townhouse Brownstone Bank Owned - Corporate Owned
6/16/2014 churchill Estates 25125 Branchester 160120 2746 4 2.1 58.31 Colonial Government Owned HUD Home
6/19/2014 Springbook 30047 W Eleven Mile 160080 1314 3 2 121.82 Ranch Fannie MAE/Freddie MAC
2/28/2014 Glen Oaks Village Condo 29430 Glen Oaks Boulevard W 155500 1598 2 2.1 97.3 Townhouse Brownstone Fannie MAE/Freddie MAC
1/15/2014 East Lincolnshire Sub 25364 Briarwyke Drive 154612 2340 3 2.1 66.07 Colonial Fannie MAE/Freddie MAC
3/31/2014 Sierra Pointe Condo 29687 Sierra Pointe Circle 153860 1875 2 3 82.05 Bi Level Fannie MAE/Freddie MAC
11/7/2014 Kirkway Ravines Condo 23944 Noble Drive 153000 1625 2 2.1 94.15 Townhouse condo Bank Owned US Bank
8/1/2014 Micropolis Village Condo 29785 Palmer Court 150779 1680 3 2 89.74 Cape Cod Condo first floor master Bank Owned Hubzu Altisource
3/14/2014 Chatham Hills 36847 Brittany Hill Drive 150000 1655 3 2.1 90.63 Ranch Bank Owned Wells Fargo
7/30/2014 Trestain's Little Farms 31451 Hull Avenue 150000 1818 4 2 82.5 Colonial Fannie MAE/Freddie MAC
4/18/2014 Saratoga Farms 38275 Remington Park 145000 1418 2 2.1 102.25 Colonial condo Fannie MAE/Freddie MAC
8/15/2014 Country Corners 29432 Gramercy Court 144000 2440 4 2.1 59.1 Colonial Bank Owned - Wells Fargo
7/3/2014 Westlake Sub 23332 Barfield 144000 1630 3 2 88.34 Colonial Bank Owned New York Community Bank
5/16/2014 Warner Farm Sub 22860 Manning Street 142500 1427 3 2 99.85 Ranch Fannie MAE/Freddie MAC
6/25/2014 Glen Oaks Village Condo 29402 Glen Oaks Boulevard W 140000 1146 2 1.1 122.16 Townhouse Brownstone Fannie MAE/Freddie MAC
10/2/2014 Westlake Sub 30131 S Stockton Drive 140000 1555 4 2.1 90.032 Colonial Bnak Owned HSBC Bank USA
12/11/0201 Bel-Aire Hills 32339 Leelane 137500 1262 3 1.1 108.95 Ranch Fannie MAE/Freddie MAC
8/13/2014 Ridgewood 25415 Ridgewood 137000 2020 3 2.1 67.82 Colonial Bank Owned - US Bank
3/7/2014 Stone Creek 24127 S Duncan Circle 135000 1330 3 1.1 101.5 Ranch Bank Owned Citimortgage
10/31/2014 Brookdale 22605 Brookdale Street 135000 2317 4 2.1 58.26 Colonial Bank Owned - Urban Financial of America
10/10/2014 Kimberly Sub 26822 Westmeath Court 135000 2024 4 2.1 66.69 Colonial Bank Owned - Flagstar Bank
2/12/2014 Hillside Estates 35102 Meadow Lane 133500 1508 2 2 88.52 Ranch Condo Bank Owned Wells Fargo
1/16/2014 Villa-Capri 21891 S Brandon Street 130000 1260 3 2.1 103.17 Ranch Fannie MAE/Freddie MAC
8/14/2014 Richland Gardens 21705 Hancock 128000 1196 3 1.1 107.02 Ranch Fannie MAE/Freddie MAC
3/11/2014 Woodbine Sub 24483 Wistaria Drive 126744 1974 4 3 64.2 Colonial Bank Owned - Hubzu - Deutsche Bank
2/7/2014 Twin Valley 24185 Farmington Road 125100 1980 4 2 63.18 Quad Level Government Owned HUD Home
5/30/2014 Woodcreek Farms 29333 Millbrook Road 122500 1671 3 1.1 73.3 Ranch Fannie MAE/Freddie MAC
6/20/2014 Noble Brook Farms 22580 Watt Drive 120000 1298 3 2 92.44 Ranch Fannie MAE/Freddie MAC
6/27/2014 Indianbrook 37465 Carson Street 120000 1700 3 3 70.58 Ranch Bank Owned - HSBC Household Finance Corp
11/27/2014 Bel Aire Hills 32255 Leelane 119900 1312 3 1.1 91.38 Ranch Fannie MAE/Freddie MAC
5/19/2014 Villa Capri 27531 W Nine Mile Road 118000 1080 3 1.1 109.25 Ranch Fannie MAE/Freddie MAC
12/30/2014 Suprvr's middle belt & ten mile 29505 Hemlock 116500 1694 3 2 68.77 Tri level Fannie MAE/Freddie MAC
10/15/2014 Old Farm Colony 23655 Glencreek Drive 114900 1565 3 1.1 73.41 Ranch Fannie MAE/Freddie MAC
4/28/2014 Westlake Sub 22954 Ashley 112000 1050 3 2.1 106.66 Ranch Fannie MAE/Freddie MAC
1/21/2014 Franklin Knolls 32280 Queensboro 111000 1822 3 2 60.92 Ranch Bank Owned HSBC Mprtgage
4/30/2014 Bel-Aire Hills 31608 Marblehead 111000 1012 3 1.1 109.68 Ranch Fannie MAE/Freddie MAC
1/21/2014 Noble Brook Farms 22776 Elmgrove 107500 1651 3 2 65.11 Ranch Fannie MAE/Freddie MAC
1/9/2014 Guy R Pooley Sub 35233 Caryn Street 106900 1340 3 1.1 79.77 Ranch Fannie MAE/Freddie MAC
2/20/2014 Fendt's Farms 34730 Fendt Street 105500 1191 3 2 88.58 Bungelow Fannie MAE/Freddie MAC
12/12/2014 Suprvr's middle belt & ten mile 29671 Medbury 103200 1362 3 2 75.77 Ranch Government Owned VA Home
4/17/2014 Springbrook 24545 Lakeland 100000 1242 3 1.1 80.51 Ranch Government Owned HUD Home
6/6/2014 Hollywood-Farmington Hills 23615 Tuck Road 100000 2390 4 3 41.84 Colonial Fannie MAE/Freddie MAC
2/14/2014 Warner Farm Sub 33324 Cloverdale 99500 1030 3 1 96.6 ranch Government Owned HUD Home
1/23/2014 Glen Oaks 29567 Eastfield Street 99000 1324 3 1 74.77 Ranch Bnak Owned Citimortgage
1/17/2014 Crosswinds of Farmington Hills 31178 Country Way 97900 934 2 2.1 104.81 Colonial Condominium Bank Owned FNMA
3/25/2014 Indianbrook 37410 Carson 97000 1235 3 2 78.54 Ranch Chase Bank
2/24/2014 Floral Park 23007 Violet 96000 907 3 1.1 105.84 Ranch Fannie MAE/Freddie MAC
3/13/2014 Farmington Meadow 33204 Flanders 95100 1724 3 2 55.16 Tri level Government Owned HUD Home
4/30/2014 No Farmington Hills Neighborhood 29805 Farmington Road 95001 2124 4 3 44.72 Bungalow Fannie MAE/Freddie MAC
6/26/2014 Floral Park 23090 Lilac Street 94000 1461 3 2 64.33 Ranch Bank Owned Community Financial
5/2/2014 Warner Woodland View Sub 21865 Power Road 93000 1016 2 2 91.53 Ranch Government Owned HUD Home
2/10/2014 Villa-Capri 21924 Leyte Street 88500 1204 3 1.1 73.5 Ranch Fannie MAE/Freddie MAC
3/23/2014 Richland Gardens 21342 Hamilton Avenue 86900 1315 3 1.1 66.08 Colonial Fannie MAE/Freddie MAC
5/28/2014 Tarabusi Roseland Gardens 33849 Rhonswood Street 86200 966 3 1 89.23 Ranch Fannie MAE/Freddie MAC
3/27/2014 Savannah Court 32316 W Twelve Mile Road 85100 1368 2 2 62.2 Colonial Fannie MAE/Freddie MAC
1/13/2014 Suprvr's Plat No 15 - Farmington Cty 22216 Gill Road 84900 1671 3 2 50.8 Ranch Bank Owned - U. S. Bank
2/28/2014 No Farmington Hills Neighborhood 28100 David Street 83013 1152 3 1 72.05 Ranch Fannie MAE/Freddie MAC
1/31/2014 Newport Creek South 34780 W Eight Mile Road 80000 1256 2 2 63.69 2nd story condo Fannie MAE/Freddie MAC
8/25/2014 Crestview Sub 25323 Orchard Lake Road 80000 1795 3 2 44.56 Ranch Bank Owned US Bank
4/28/2014 No Farmington Hills Neighborhood 20845 Tuck Road 79700 1352 3 1 58.94 Colonial Fannie MAE/Freddie MAC
2/17/2014 Nantucket Townhomes 22203 Atlantic Pointe 71000 1015 2 1.1 69.95 Townhouse Fannie MAE/Freddie MAC
1/7/2014 Floral Park 23017 Violet 71000 907 3 1 78.28 Ranch Government Owned HUD Home
7/17/2014 Richland Gardens 21611 Whittington 68000 1233 2 1 55.15 Ranch Bank Owned - VA
4/15/2014 Rarabusi Grand River Gardens 23096 Hawthorne 66134 1103 3 1 59.95 Bungalow Bank Owned - HSBC Household Finance Corp
1/21/2014 Flemings Roseland Park 21747 Farmington Road 66100 1680 3 2 39.34 Ranch Government Owned Hud Home
2/19/2014 Oakland Hills Orchards 28791 Greening Street 62499 3170 5 3 19.71 Colonial Bank Owned Comerica bank
1/16/2014 Farmington View Sub 21557 Lundy Drive 59000 1152 3 1 51.21 Ranch Bank Owned Federal Home Loan Mortgage
4/11/2014 Beechwood Hill Condo 27835 Berry Wood 57500 1317 2 2 43.65 1 floor condo second level Fannie MAE/Freddie MAC
7/10/2014 No Farmington Hills Neighborhood 22177 Cass 57500 1512 3 2 38.02 Ranch Fannie MAE/Freddie MAC
    Averages 152408.72   3.2   83.13782857    

 

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