The properties listed here are the latest REO (Real Estate Owned), bank owned properties, already foreclosed by the lender. These are typically owned by the bank, free and clear of all liens, with full rights of ownership.
Short sales are not the same as foreclosures. A short sale listing is typically still owned by the borrower, however, the amount of the mortgage exceeds the value of the property or there is not enough equity available to deliver title free of liens after the sale at market value less the cost of selling; i.e. transfer tax, sales commission, etc... Therefore, the existing lender will need to approve the short sale since they will not receive the full amount of the mortgage balance. We've devoted a completely seperate page that displays the southwest Michigan short sales listed for sale in the MLS.
- View all bank owned properties in Southwest Michigan, sorted by price.
- View all bank owned properties sorted by D.O.M., days on market.
*Note: when the new page opens, look for the "Save this Search" link located in the upper left hand section of the property list. This will setup a daily listing alert that will notify you of any new listings and price reductions. Use this feature to be among the very first to learn about new foreclosures and REO's listed for sale.
Ranch on 4.77 acres fenced back yard patio. Property is occupied do not disturb the tenants interior information is estimated This property as been placed in an upcoming ...
Listing courtesy of Listing Agent: Patty J Baba (goldbaba@aol.com) from Listing Office: RE/MAX Elite Group.
Wonderful ten acre-property with potential to begin the hobby farm you've always wanted. SOLD AS IS. The property includes nicely updated 3-bedroom home with metal roof a...
Listing courtesy of Listing Agent: Gloria Royal (royalglo@gmail.com) from Listing Office: ERA Reardon Realty.
2 bedroom house in the city of St. Joseph needs a new owner to bring back its full potential. Located in close proximity to Silver Beach, this traditional style house f...
Listing courtesy of Listing Agent: Matt K Miller (michianareo@yahoo.com) from Listing Office: Keller Williams Realty Swm.
New Listing- HUD Home in the City of Niles, within walking distance to downtown area. Avail 1-9-23 Bids due by 1-18-23, 11:59 PM CST then daily until sold. AS IS'' HUD pr...
Listing courtesy of Listing Agent: Elizabeth Van Leeuwen (bethvan@bonrealty.com) from Listing Office: Bon Realty.
2 bedroom, 2 bathroom house in the City of Benton Harbor. 605 SF on main level and 390 SF on the upper level. Rec room on upper level has newer laminate flooring. Main...
Listing courtesy of Listing Agent: Lars A Petzke (Lars@PetzkeTeam.com) from Listing Office: RE/MAX by the Lake.
Traditional home in Berrien Center features 2 bedrooms and one full bath, updated kitchen and main floor laundry. 10 minute dive to Berrien Springs, Andrews University, d...
Listing courtesy of Listing Agent: Alex Caban (alexander.caban@gmail.com) from Listing Office: Bon Realty.
Beautiful Victorian home in downtown South Haven. The home has been nicely remodeled and landscaped. The home is very well maintained. Plenty of bedrooms for a large fami...
Listing courtesy of Listing Agent: Simon P Hoffmann (simonph1@aol.com) from Listing Office: Red Arrow Realty.
My Associate Brokers and Agents specialize in property acquitision throughout Southwest Michigan. We have helped hundreds of buyers locate properties that are onwed by banks, in foreclosure, and many distressed properties headed for foreclosure. The best deals are often executed before a property is listed for sale in the MLS, by targeting properties with delinquent mortgages and / or are behind in real estate tax payments. This often results in the best possible outcome for all involved, including the buyer, the seller, and the lender. To speak with a local expert, call my office at 269-783-5253 and ask about Southwest Michigan foreclosures.