Frankenmuth FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in Frankenmuth, Michigan.

Total: 20
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# Photo Address City State Zip Type BD BH Price Details
There are no Properties matching your search criteria. Showing nearby homes.
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9 Photos
COUNTRY RUN DR Birch Run MI 48415 Foreclosures 3 2 $133,280.00 Details
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DORWOOD RD Birch Run MI 48415 Foreclosures 3 2 $69,900.00 Details
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EMELIA ST Birch Run MI 48415 Foreclosures 3 1 $59,900.00 Details
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MORAN RD Birch Run MI 48415 Foreclosures 3 1.5 $59,900.00 Details
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OAK ST Birch Run MI 48415 Foreclosures 3 3 $179,900.00 Details
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RATHBUN RD Birch Run MI 48415 Foreclosures 3 1 $134,750.00 Details
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S TOWERLINE RD Bridgeport MI 48722 Foreclosures 3 2 $28,900.00 Details
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TULIP DR Bridgeport MI 48722 Foreclosures 3 1.5 $52,000.00 Details
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LINCOLN RD Burt MI 48417 Foreclosures 2 1 $58,800.00 Details
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E BURT RD Burt MI 48417 Foreclosures - 1 - Details
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REYNICK AVE Saginaw MI 48602 Foreclosures 2 1 $20,160.00 Details
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CONGRESS AVE Saginaw MI 48602 Foreclosures 4 2 $19,900.00 Details
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N OAKLEY ST Saginaw MI 48602 Foreclosures 3 1 $12,000.00 Details
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14 Photos
KENTFORD DR W Saginaw MI 48638 Foreclosures 5 3 $127,000.00 Details
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8 Photos
ELMDALE DR Saginaw MI 48602 Foreclosures 3 2 $79,900.00 Details
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E MOORE RD Saginaw MI 48601 Foreclosures 3 1 $37,000.00 Details
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9 Photos
HOLMES ST Saginaw MI 48602 Foreclosures 4 1 $13,000.00 Details
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6 Photos
S BOND ST Saginaw MI 48602 Foreclosures 4 2 $6,480.00 Details
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GLENMEADOW CT Saginaw MI 48638 Foreclosures 3 1 $59,900.00 Details
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STRATHMOOR ST Saginaw MI 48601 Foreclosures 2 1 $12,000.00 Details
About our Listings

How to Buy Frankenmuth Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Frankenmuth, MI starts with finding listings. By browsing Frankenmuth foreclosure lists, you can find all kinds of properties either scheduled for sale at public foreclosure auctions or available directly from banks (known as bank-owned or REO homes). The foreclosure process moves quickly, but as long as you give yourself time to research the home that interests you, you can find fantastic deals when you buy foreclosures in Frankenmuth, MI.

>> See more info about how to Buy foreclosures

How to Invest in Frankenmuth Foreclosures

How to invest foreclosure

Frankenmuth foreclosure homes are perfect for property investors because they can be purchased for below their actual market value right off the bat. To find the best Frankenmuth real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Frankenmuth foreclosure investment value. Remember, real estate investing isn't just about getting the lowest price, it's about buying desirable home in locations with the potential for future value. Don't buy the first thing you see at Frankenmuth foreclosure short sales, wait for the right property at the right price.

>> See more info about how to invest in foreclosures

Types of Foreclosures in Frankenmuth

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Frankenmuth will have all kinds of opportunities. In addition to single family homes, you'll find lots of duplex, triplex, and multi family homes, which are great for investing. You'll find upscale townhouse and lofts, and all kinds of houses and condo foreclosures in Frankenmuth, MI. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Frankenmuth apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

>> Learn more about foreclosures

Michigan Foreclosure Laws

Foreclosure law

Michigan real estate foreclosures generally are non-judicial foreclosures, meaning that real estate brokers are allowed to pursue a foreclosure on a homeowner in default without first getting a court approval. Before distressed properties in Michigan can be sold as foreclosure houses, a lender must issue a Notice of Default and give the homeowner 60 days to pay their debt. After that time, a sale can be scheduled for no less than 21 days in the future. If a home does not sell at auction, the lender takes control of the property; these are known as Michigan REO properties.

Frankenmuth Banks Foreclosures

Bank Foreclosure

Frankenmuth bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Frankenmuth, MI are not sold through a foreclosure auction, they become REO homes that are under the bank's control. Buyers must then approach banks and make offers on Frankenmuth bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Frankenmuth Michigan to be similar to buying from an agent. Check our Frankenmuth bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Frankenmuth Government Foreclosures

Government Foreclosure

Frankenmuth Government homes are usually foreclosures with government-sponsored mortgages, but they can also be the result of a repossession due to a government tax lien. Most commonly you'll find homes from agencies like Freddie Mac, Fannie Mae, and the USDA, which are federal homes mortgage sponsors. Like like all lenders, they offer foreclosures for sale to the public. HUD homes in Frankenmuth MI are another popular type of foreclosure, as are VA foreclosures in Frankenmuth, which are available from the Veterans Affairs Department for especially great deals. Check our Frankenmuth government foreclosure listings.

>> See more info about govermment foreclosures

Frankenmuth Pre-Foreclosures

Foreclosure

PreForeclosures in Frankenmuth are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Frankenmuth Lis Pendens, or Notice of Default. In some cases, the homeowner may attempt to pay off their debt during this time, but bankruptcies are also often declared. Law requires that bankruptcy homes and pre foreclosures must be in the pre foreclosure stage for at least 60 days before a foreclosure auction can be scheduled, but it can still takes weeks or months for a sale to occur.

>> See more info about pre-foreclosures

Frankenmuth Foreclosure Auctions

Foreclosure Auction

Most Frankenmuth foreclosed homes are sold through Sheriff auctions. These auctions are fantastic ways to find cheap houses for sale, often at up to 50% off market value. Anyone can bid at foreclosure auctions in Frankenmuth, and the auction is overseen by the Sheriff's office or a trustee. Be sure to secure financing before you attend an auction, because a down payment on the winning bid will be required after the sale ends. Auctions are the most common and sought after way to buy repo homes in Frankenmuth, MI. We offer a comprehensive Frankenmuth foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Frankenmuth, Michigan

Find Home Foreclosure Listings in Frankenmuth, MI

Frankenmuth foreclosure listings are your ticket to the lowest prices on real estate in the city, and there's no better source for them than ForeclosureListingsNationwide.com. With our constantly updated database of foreclosure listings in Frankenmuth, MI and easy-to-use search tools, finding the properties you want is fast and effective. Spend more time comparing Los Angeles apartment foreclosures, houses for sale or investment foreclosure properties and let us take care of the hard work! Use ForeclosureListingsNationwide.com to find bankruptcy houses for sale in Frankenmuth Michigan, best affordable foreclosure condo in Frankenmuth, cheap apartments for sale, bargain foreclosed homes for sale in Frankenmuth, MI and earn huge savings on the homes YOU want to buy!

Our Frankenmuth Foreclosure Lists

You can find Frankenmuth foreclosure homes for sale which you can buy for living or investment. Simply click through our Frankenmuth foreclosure home listings to find government foreclosures and bank owned homes in Frankenmuth area. If you're searching for a deep discount or low prices on real estate then searching our Frankenmuth foreclosure lists for homes foreclosure for sale or short sale listing in Frankenmuth is your answer. Our up-to-date Frankenmuth short sale listings provide the latest investing opportunities on affordable Frankenmuth bank owned property listings, government pre foreclosure lists, Frankenmuth banrkuptcy homes and Frankenmuth HUD repossessed homes for sale which can be found at below market value. With our massive foreclosure list in Frankenmuth, you should have little trouble finding the cheapest deal on a foreclosed home in Frankenmuth, Michigan.

You can also search Birch Run foreclosure listings and Burt foreclosure listings for more properties in the neighboring area.



Frankenmuth, MI

As of 2011, Frankenmuth's population is 4,540 people. Since 2000, it has had a population growth of -6. 06 percent. The median home cost in Frankenmuth is $164,300. Home appreciation the last year has been -2. 81 percent. Compared to the rest of the country, Frankenmuth's cost of living is 4. 50% Lower than the U. S. average. Frankenmuth public schools spend $4,935 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 7 students per teacher in Frankenmuth. The unemployment rate in Frankenmuth is 10. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Frankenmuth jobs have Decreased by 0. 32 percent. Average Commute time is 19 minutes. The National Average is 28 minutes.

Peoplefrankenmuth, miUS
Population4,540307,829,557
Pop Density1,69287
Pop Change-6.06%9.34%
Median Age50.236.6
Households1,917116,329,167
Household Size2.262.58
Male Population46.03%49.31%
Female Population53.97%50.69%
Married Population55.64%47.15%
Single Population44.36%52.85%
Estimated Households By Household Incomefrankenmuth, miUS
Income Less Than 15k8.52%12.10%
Income Between 15k And 25k11.54%10.18%
Income Between 25k And 35k12.37%10.56%
Income Between 35k And 50k13.10%14.98%
Income Between 50k And 75k19.18%19.53%
Income Between 75k And 100k15.23%12.52%
Income Between 100k And 150k12.11%12.14%
Income Between 150k And 250k3.64%3.91%
Income Between 250k And 500k3.33%3.34%
Income Greater Than 500k0.99%0.75%
Economyfrankenmuth, miUS
Unemployment Rate10.60%9.10%
Recent Job Growth-0.32%-0.12%
Future Job Growth28.76%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$31,711$27,067
Household Income$55,794$52,954
Housingfrankenmuth, miUS
Median Home Age35.835.1
Median Home Cost$164,300$175,100
Home Appreciation-2.81%-3.15%
Homes Owned64.31%59.90%
Housing Vacant9.16%10.37%
Homes Rented26.53%29.73%
Property Tax Rate$12.95$11.20
Owner Occupied Housing Units By Valuefrankenmuth, miUS
Less Than 20k0.00%2.65%
20k To 399990.37%3.76%
40k To 599991.10%4.99%
60k To 799992.28%6.01%
80k To 999997.20%7.27%
100k To 14999931.35%19.24%
150k To 19999933.77%14.67%
200k To 29999916.96%18.09%
300k To 3999993.82%9.14%
400k To 4999991.32%4.94%
500k To 7499991.10%5.42%
750k To 9999990.22%2.03%
1kk Or More0.51%1.77%
Educationfrankenmuth, miUS
School Expend$4,935$5,678
Pupil Teacher Ratio17.714.9
Students Per Librarian416803
Students Per Counselor312513
2 Yr College Grad8.96%7.47%
4 Yr College Grad23.12%17.42%
Graduate Degrees10.77%10.12%
High School Grads92.00%84.72%
Crimefrankenmuth, miUS
Violent Crime24
Property Crime44
Housing Units By Year Structure Builtfrankenmuth, miUS
1999 To 20054.72%13.71%
1995 To 19986.77%8.54%
1990 To 19945.65%5.77%
1980 To 198919.26%13.87%
1970 To 197922.05%16.17%
1960 To 196914.78%11.70%
1950 To 19598.73%11.08%
1940 To 19492.08%6.02%
1939 Or Earlier15.96%13.15%

Table Information