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.
2 Bedroom home dining room, and enclosed front porch with full basement. Fenced in yard This home is being sold as is and seller will not do any repairs or paid for any ...
New Listing- HUD Home in the City of Niles, within walking distance to downtown, Riverfront Park and St. Joseph River. 5 bedrooms, 3 bathroom home with large yard. Avail ...
Recently updated three bedroom, two bathroom home on a corner lot. Enjoy beautiful orchards across the street and, an abundance of wildlife.Public access to the lake with...
Here is an attractive two story colonial with attached garage on 15,600 sf . This property may need some updates. Near neighborhood services. REO Occupied Reserve Auction...
2 story home located in village of Eau Claire on corner lot. 3 bedrooms 1 full baths with large family room. Oversized detached garage with alley access. Priority to be g...
Discover the timeless appeal of this classic two-story home nestled in the heart of Watervliet. This traditional residence offers a blend of character and comfort, perfec...
A completely remodeled three-bedroom home on nearly a half-acre is what's on the menu for today! Single level ranch home with vinyl siding, new windows, doors, and a new ...
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.