Foreclosed Homes For Sale In Metro Detroit

Here are ALL the Foreclosed Homes and Bank Owned Homes in Metro-Detroit on the market.  To receive an email email AS SOON AS A NEW BANK OWNED HOME hits the market fill out the form with your desired price range and the cities you're looking in.

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Bank Owned Homes and Foreclosed Homes in Metro Detroit

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000
Price, High to Low
239 Properties Found.

Page 1 of 5

5230 Franklin Rd

$849,800

Bloomfield Twp, MI
4 Bed, 4.2 Bath, 4732 Sqft, 1.15 Acres
Residential

Residential Real Estate for Sale located in the neighborhood of VERNOR ESTATES NO 1, in the city of Bloomfield Twp, MI

4270 Stoneleigh Rd

$799,900

Bloomfield Twp, MI
5 Bed, 4.1 Bath, 5536 Sqft, 0.87 Acres
Residential

Fenton Homes for Sale in the neighborhood of DARTS LANDING in the Zipcode of 48430

14300 Westman Dr

$549,900

Fenton, MI
3 Bed, 2 Bath, 1428 Sqft, 0.1 Acres
Residential

5437 Lahser Rd

$549,900

Bloomfield Hills, MI
4 Bed, 2.2 Bath, 4043 Sqft, 0.99 Acres
Residential

32034 Weston Dr, in the city of Beverly Hills Vlg Real Estate in MI by BEVERLY HILLS SUB NO 9,

32034 Weston Dr

$496,900

Beverly Hills Vlg, MI
3 Bed, 2.1 Bath, 2230 Sqft, 0.24 Acres
Residential

219089469, Residential, 1315 Lone Pine Rd, Bloomfield Twp, MI, THE DELLS OF BLOOMFIELD, , 48302

1315 Lone Pine Rd

$370,000

Bloomfield Twp, MI
5 Bed, 3.1 Bath, 2391 Sqft, 0.47 Acres
Residential

219017656, Residential, 4597 Clarkston Rd, Independence Twp, MI, CLARKSTON RANCH ESTATES NO 1 - INDEP, , 48348

4597 Clarkston Rd

$355,000

Independence Twp, MI
3 Bed, 3.1 Bath, 3492 Sqft, 3 Acres
Residential

000 N Holly Rd

$343,600

Holly Twp, MI
4 Bed, 2.1 Bath, 2217 Sqft, 2.78 Acres
Residential

543263116, Residential, 10234 Sherman Cir, Augusta Twp, MI, , , 48191

10234 Sherman Cir

$328,900

Augusta Twp, MI
3 Bed, 2 Bath, 1844 Sqft, 0.5 Acres
Residential

543263115, Residential, 10192 Sherman Cir, Augusta Twp, MI, , , 48191

10192 Sherman Cir

$323,900

Augusta Twp, MI
3 Bed, 2 Bath, 1844 Sqft, 0.5 Acres
Residential

31195 Tiverton St

$318,000

Farmington Hills, MI
4 Bed, 2.1 Bath, 2749 Sqft, 0.46 Acres
Residential

219099413, Residential, 2451 Spartans Trl, Hamburg Twp, MI, HAY CREEK, , 48169

2451 Spartans Trl

$289,900

Hamburg Twp, MI
3 Bed, 2.1 Bath, 1769 Sqft, 4.26 Acres
Residential

219097609, Residential, 1142 Beth Dr, Lapeer Twp, MI, HUNTFORD COUNTRY ESTATES, , 48446

1142 Beth Dr

$264,900

Lapeer Twp, MI
4 Bed, 2.1 Bath, 2026 Sqft, 0.46 Acres
Residential

587 Sedgefield Dr

$250,000

Bloomfield Twp, MI
5 Bed, 2.1 Bath, 2448 Sqft, 0.37 Acres
Residential

219079370, Residential, 3328 Ashley, Orion Twp, MI, KEATINGTON MEADOWS SUB, , 48359

3328 Ashley

$239,900

Orion Twp, MI
3 Bed, 1.1 Bath, 1290 Sqft
Residential

843 Loraine St

$235,000

Grosse Pointe, MI
4 Bed, 2.1 Bath, 1645 Sqft, 0.14 Acres
Residential

219099593, Residential, 490 Grampian Ave, Lake Orion Vlg, MI, WM WINTER'S SUB - ORION VLG, , 48362

490 Grampian Ave

$229,900

Lake Orion Vlg, MI
3 Bed, 2.1 Bath, 1661 Sqft, 0.84 Acres
Residential

28522 Tiffin Dr

$223,660

Chesterfield Twp, MI
3 Bed, 2.1 Bath, 1621 Sqft, 0.19 Acres
Residential

630000242042, Residential, 202 N Logan St, Dewitt, MI, None, , 48820

202 N Logan St

$219,900

Dewitt, MI
4 Bed, 2 Bath, 2140 Sqft, 0.2 Acres
Residential

543269235, Residential, 349 W Bennett St, Saline, MI, , , 48176

349 W Bennett St

$219,800

Saline, MI
2 Bed, 1 Bath, 1030 Sqft, 0.19 Acres
Residential

219091329, Residential, 767 Irwindale Crt, Waterford Twp, MI, WATERFORD HILLS ESTATES, , 48328

767 Irwindale Crt

$219,000

Waterford Twp, MI
3 Bed, 2.1 Bath, 1967 Sqft, 0.39 Acres
Residential

Foreclosed Homes in Michigan

 

 

 

 

 

Canton Foreclosed HomesLivonia Foreclosed Homes

Novi Foreclosed HomesNorthville Foreclosed Homes

Farmington Hills Foreclosed HomesPlymouth Foreclosed Homes

The Quick & Dirty Do's & Dont's Of Buying A Foreclosed Home

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

 

IDX provided courtesy of Realcomp II Ltd., via Keller Williams Realty, Copyright 2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.