Plymouth Foreclosed Homes For Sale
Plymouth Michigan is a fantastic community located within striking distance of Ann Arbor and Downtown Detroit providing reasonable commutes to either. For detailed information on Plymouth, Michigan please click here.
Below find all the Plymouth Michigan bank owned homes for sale including Fannie Mae, Freddie Mac, HUD homes and more. Below that are any short sales and then all available Plymouth homes for sale. This includes any estate sales, distressed sales, quick sales and more! For additional questions on any homes or neighborhoods call 248-221-1224 or email Michaelperna@kw.com and a member of the Michael Perna Team will be more then happy to help!
Bank Owned / Foreclosed Homes in Plymouth
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Bank owned and foreclosures represent some of the best deals the Plymouth market has to offer. In Plymouth these are few and far between and go quick!
What We Do That Zillow, Trulia, Realtor.com, etc. Can't
This page is updated down to the half hour with available bank owned homes for sale in Plymouth MI, and the ones that have pended are removed asap. Unlike Zillow, Trulia, Realtor.com and others we don't believe in advertising unavailable homes just to receive calls and contact info from purchasers. If a bank owned home for sale in Plymouth MI is not available it will not be on this site. As homes become available they will be posted as fast or faster then the major portals. Many buyers have come to use our site as a double check for all home postings to see if their available and we encourage you to do the same.
Foreclosed / Bank Owned homes in Plymouth 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 Plymouth. 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 Plymouth MI search also find all the active homes available in Plymouth 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 Plymouth 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 licensing 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 ...
...Accept anything less then a Warranty or Special Warranty Deed when working with a bank on a current Plymouth 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 attorneys and therefore cannot dispense legal advice 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!
To View Foreclosure Information For Other Metro Detroit Cities please click here !