Waterford FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Waterford, MI

Waterford Home Foreclosure Listing ID: 1801053

Foreclosure

Waterford, MI - 48328

1 Bd | 1 Ba | $15,900.00

Waterford Home Foreclosure Listing ID: 2017854

Foreclosure

Waterford, MI - 48327

2 Bd | 2 Ba | $59,900.00

Waterford Home Foreclosure Listing ID: 2055017

Foreclosure

Waterford, MI - 48329

2 Bd | 1 Ba | $67,500.00

Waterford Home Foreclosure Listing ID: 2058139

Foreclosure

Waterford, MI - 48328

3 Bd | 3 Ba | $84,900.00

Waterford Home Foreclosure Listing ID: 2033644

Foreclosure

Waterford, MI - 48329

3 Bd | 2 Ba | $89,100.00

Total: 49
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
36 Photos
CRESCENT RD Waterford MI 48327 Foreclosures 3 2 $52,000.00 Details
2
9 Photos
HALLMAN AVE Waterford MI 48328 Foreclosures 3 3 $54,900.00 Details
3
14 Photos
EVADNA RD Waterford MI 48327 Foreclosures 3 1 $38,500.00 Details
4
8 Photos
SUNDERLAND Waterford MI 48329 Foreclosures 3 2 $89,100.00 Details
5
9 Photos
PINE TREE RIDGE DR UNIT 4 Waterford MI 48327 Foreclosures 2 1 $32,900.00 Details
6
11 Photos
HOLBROOK AVE Waterford MI 48328 Foreclosures 3 2 $68,900.00 Details
7
11 Photos
RIDGEMOOR DR Waterford MI 48328 Foreclosures 3 1.5 $97,900.00 Details
8
6 Photos
ROLLING HILLS DR Waterford MI 48327 Foreclosures 3 2 $129,900.00 Details
9
21 Photos
CURWOOD ST Waterford MI 48329 Foreclosures 2 1 $22,900.00 Details
10
9 Photos
MARK RD Waterford MI 48328 Foreclosures 3 2 $74,900.00 Details
11
1 Photo
SUNDERLAND Waterford MI 48329 Foreclosures 3 2.5 $99,900.00 Details
12
6 Photos
BREEZE LN Waterford MI 48327 Foreclosures 3 2.5 $110,000.00 Details
13
5 Photos
SALINE DR Waterford MI 48329 Foreclosures 2 1 $25,900.00 Details
14
9 Photos
CLAYBURN BLVD Waterford MI 48327 Foreclosures 2 1 $45,000.00 Details
15
1 Photo
FORESTVIEW DR Waterford MI 48327 Foreclosures 3 2.5 $102,900.00 Details
16
6 Photos
PARKRIDGE DR Waterford MI 48329 Foreclosures 4 2 $102,900.00 Details
17
1 Photo
SAWYER AVE Waterford MI 48328 Foreclosures 3 2 $62,900.00 Details
18
9 Photos
LILAC LN Waterford MI 48327 Foreclosures 2 2 $59,900.00 Details
19
16 Photos
BERKLEY DR Waterford MI 48327 Foreclosures 3 2 $25,000.00 Details
20
6 Photos
HATCHERY RD Waterford MI 48329 Foreclosures 3 1 $43,900.00 Details
About our Listings

How to Buy Waterford Foreclosures

How to buy foreclosures

Buying real estate foreclosures in Waterford, MI starts with finding listings. By browsing Waterford 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 Waterford, MI.

>> See more info about how to Buy foreclosures

How to Invest in Waterford Foreclosures

How to invest foreclosure

Waterford 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 Waterford real estate investing bargains, you'll have to assess several properties and decide which has the most potential for Waterford 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 Waterford 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 Waterford

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Waterford 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 Waterford, MI. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Waterford 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.

Waterford Banks Foreclosures

Bank Foreclosure

Waterford bank owned homes can be a great way for buyers to find cheap properties. When bank foreclosures in Waterford, 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 Waterford bank owned foreclosures. These offers are either accepted or rejected. For this reason, many people find buying bank owned homes for sale in Waterford Michigan to be similar to buying from an agent. Check our Waterford bank foreclosure listings and find discount properties.

>> See more info about bank foreclosures

Waterford Government Foreclosures

Government Foreclosure

Waterford 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 Waterford MI are another popular type of foreclosure, as are VA foreclosures in Waterford, which are available from the Veterans Affairs Department for especially great deals. Check our Waterford government foreclosure listings.

>> See more info about govermment foreclosures

Waterford Pre-Foreclosures

Foreclosure

PreForeclosures in Waterford are properties that are in default, but have not yet gone to foreclosure sale. The foreclosure period begins when the homeowner is issued a Waterford 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

Waterford Foreclosure Auctions

Foreclosure Auction

Most Waterford 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 Waterford, 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 Waterford, MI. We offer a comprehensive Waterford foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Waterford, Michigan

Find Home Foreclosure Listings in Waterford, MI

Waterford 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 Waterford, 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 Waterford Michigan, best affordable foreclosure condo in Waterford, cheap apartments for sale, bargain foreclosed homes for sale in Waterford, MI and earn huge savings on the homes YOU want to buy!

Our Waterford Foreclosure Lists

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

You can also search Auburn Hills foreclosure listings and Farmington foreclosure listings for more properties in the neighboring area.



Waterford, MI

As of 2011, Waterford's population is 70,454 people. Since 2000, it has had a population growth of -3. 64 percent. The median home cost in Waterford is $148,800. Home appreciation the last year has been -3. 76 percent. Compared to the rest of the country, Waterford's cost of living is 6. 90% Lower than the U. S. average. Waterford public schools spend $5,224 per student. The average school expenditure in the U. S. is $5,678. There are about 19 students per teacher in Waterford. The unemployment rate in Waterford is 11. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Waterford jobs have Decreased by 2. 46 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplewaterford, miUS
Population70,454307,829,557
Pop Density2,28787
Pop Change-3.64%9.34%
Median Age39.836.6
Households29,242116,329,167
Household Size2.342.58
Male Population50.30%49.31%
Female Population49.70%50.69%
Married Population48.15%47.15%
Single Population51.85%52.85%
Estimated Households By Household Incomewaterford, miUS
Income Less Than 15k6.35%12.10%
Income Between 15k And 25k8.06%10.18%
Income Between 25k And 35k9.83%10.56%
Income Between 35k And 50k15.54%14.98%
Income Between 50k And 75k21.93%19.53%
Income Between 75k And 100k16.69%12.52%
Income Between 100k And 150k15.48%12.14%
Income Between 150k And 250k3.17%3.91%
Income Between 250k And 500k2.55%3.34%
Income Greater Than 500k0.40%0.75%
Economywaterford, miUS
Unemployment Rate11.70%9.10%
Recent Job Growth-2.46%-0.12%
Future Job Growth23.38%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$31,161$27,067
Household Income$61,457$52,954
Housingwaterford, miUS
Median Home Age4035.1
Median Home Cost$148,800$175,100
Home Appreciation-3.76%-3.15%
Homes Owned72.67%59.90%
Housing Vacant4.99%10.37%
Homes Rented22.34%29.73%
Property Tax Rate$13.73$11.20
Owner Occupied Housing Units By Valuewaterford, miUS
Less Than 20k0.66%2.65%
20k To 399990.45%3.76%
40k To 599991.82%4.99%
60k To 799993.67%6.01%
80k To 999998.83%7.27%
100k To 14999939.30%19.24%
150k To 19999926.05%14.67%
200k To 29999911.78%18.09%
300k To 3999993.48%9.14%
400k To 4999992.45%4.94%
500k To 7499990.99%5.42%
750k To 9999990.20%2.03%
1kk Or More0.31%1.77%
Educationwaterford, miUS
School Expend$5,224$5,678
Pupil Teacher Ratio1914.9
Students Per Librarian986803
Students Per Counselor664513
2 Yr College Grad8.50%7.47%
4 Yr College Grad18.94%17.42%
Graduate Degrees8.44%10.12%
High School Grads90.76%84.72%
Crimewaterford, miUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtwaterford, miUS
1999 To 20056.04%13.71%
1995 To 19985.77%8.54%
1990 To 19949.09%5.77%
1980 To 198911.27%13.87%
1970 To 197917.50%16.17%
1960 To 196913.64%11.70%
1950 To 195919.88%11.08%
1940 To 19498.17%6.02%
1939 Or Earlier8.65%13.15%

Table Information