Grosse Pointe FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Grosse Pointe, MI

Grosse Pointe Home Foreclosure Listing ID: 2058996

Foreclosure

Grosse Pointe, MI - 48230

3 Bd | 2 Ba | $24,900.00

Grosse Pointe Home Foreclosure Listing ID: 2054966

Foreclosure

Grosse Pointe, MI - 48230

4 Bd | 2 Ba | $56,000.00

Grosse Pointe Home Foreclosure Listing ID: 2017803

Foreclosure

Grosse Pointe, MI - 48236

3 Bd | 1 Ba | $64,900.00

Grosse Pointe Home Foreclosure Listing ID: 2054967

Foreclosure

Grosse Pointe, MI - 48230

7 Bd | 3 Ba | $83,000.00

Grosse Pointe Home Foreclosure Listing ID: 2017805

Foreclosure

Grosse Pointe, MI - 48236

4 Bd | 5 Ba | $249,900.00

Total: 21
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
1 Photo
WAYBURN ST Grosse Pointe MI 48230 Foreclosures 3 2 $24,900.00 Details
2
2 Photos
DEVONSHIRE RD Grosse Pointe MI 48230 Foreclosures 5 5 $299,900.00 Details
3
12 Photos
SUNNINGDALE DR Grosse Pointe MI 48236 Foreclosures 4 5 $249,900.00 Details
4
10 Photos
GATESHEAD ST Grosse Pointe MI 48236 Foreclosures 4 1.5 $14,900.00 Details
5
10 Photos
BEACONSFIELD AVE Grosse Pointe MI 48230 Foreclosures 4 2 $56,000.00 Details
6
6 Photos
MARTER RD Grosse Pointe MI 48236 Foreclosures 2 1 $39,900.00 Details
7
14 Photos
GATESHEAD ST Grosse Pointe MI 48236 Foreclosures 4 1 $22,000.00 Details
8
8 Photos
LANNOO ST Grosse Pointe MI 48236 Foreclosures 3 1 $22,500.00 Details
9
20 Photos
HUNTINGTON BLVD Grosse Pointe MI 48236 Foreclosures 3 1 $64,900.00 Details
10
1 Photo
SOMERSET AVE Grosse Pointe MI 48230 Foreclosures 7 3 $83,000.00 Details
11
58 Photos
LOCHMOOR BLVD Grosse Pointe MI 48236 Foreclosures 4 3 $405,000.00 Details
12
1 Photo
MACK AVE Grosse Pointe MI 48236 Foreclosures - - $199,900.00 Details
13
25 Photos
SUNNINGDALE DR Grosse Pointe MI 48236 Foreclosures 6 6 - Details
14
1 Photo
DEVONSHIRE RD Grosse Pointe MI 48230 Foreclosures 5 3 - Details
15
10 Photos
RIVARD BLVD Grosse Pointe MI 48230 Auctions 6 3.5 - Details
16
2 Photos
SOMERSET AVE Grosse Pointe MI 48230 Foreclosures 3 1 - Details
17
2 Photos
HAWTHORNE RD Grosse Pointe MI 48236 Foreclosures 3 2 $84,900.00 Details
18
9 Photos
SHELBOURNE CT Grosse Pointe MI 48236 Foreclosures 2 2 $114,900.00 Details
19
1 Photo
HUNTINGTON BLVD Grosse Pointe MI 48236 Foreclosures 3 2 $89,900.00 Details
20
15 Photos
BARRINGTON RD Grosse Pointe MI 48230 Foreclosures 3 2 $147,000.00 Details
About our Listings

How to Buy Grosse Pointe Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Grosse Pointe Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Grosse Pointe Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Grosse Pointe Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Grosse Pointe Pre-Foreclosures

Foreclosure

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

Grosse Pointe Foreclosure Auctions

Foreclosure Auction

Most Grosse Pointe 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 Grosse Pointe, 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 Grosse Pointe, MI. We offer a comprehensive Grosse Pointe foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Grosse Pointe, Michigan

Find Home Foreclosure Listings in Grosse Pointe, MI

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

Our Grosse Pointe Foreclosure Lists

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

You can also search Ecorse foreclosure listings and Redford foreclosure listings for more properties in the neighboring area.



Grosse Pointe, MI

As of 2011, Grosse Pointe's population is 4,831 people. Since 2000, it has had a population growth of -14. 75 percent. The median home cost in Grosse Pointe is $305,800. Home appreciation the last year has been -3. 35 percent. Compared to the rest of the country, Grosse Pointe's cost of living is 18. 00% Higher than the U. S. average. Grosse Pointe public schools spend $7,177 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 2 students per teacher in Grosse Pointe. The unemployment rate in Grosse Pointe is 12. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Grosse Pointe jobs have Decreased by 2. 89 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplegrosse-pointe, miUS
Population4,831307,829,557
Pop Density4,68087
Pop Change-14.75%9.34%
Median Age45.636.6
Households2,006116,329,167
Household Size2.442.58
Male Population47.16%49.31%
Female Population52.84%50.69%
Married Population54.22%47.15%
Single Population45.78%52.85%
Estimated Households By Household Incomegrosse-pointe, miUS
Income Less Than 15k4.54%12.10%
Income Between 15k And 25k4.29%10.18%
Income Between 25k And 35k6.19%10.56%
Income Between 35k And 50k12.43%14.98%
Income Between 50k And 75k16.08%19.53%
Income Between 75k And 100k14.93%12.52%
Income Between 100k And 150k17.92%12.14%
Income Between 150k And 250k7.94%3.91%
Income Between 250k And 500k12.53%3.34%
Income Greater Than 500k3.15%0.75%
Economygrosse-pointe, miUS
Unemployment Rate12.70%9.10%
Recent Job Growth-2.89%-0.12%
Future Job Growth21.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$50,256$27,067
Household Income$85,951$52,954
Housinggrosse-pointe, miUS
Median Home Age76.535.1
Median Home Cost$305,800$175,100
Home Appreciation-3.35%-3.15%
Homes Owned76.10%59.90%
Housing Vacant8.12%10.37%
Homes Rented15.78%29.73%
Property Tax Rate$15.50$11.20
Owner Occupied Housing Units By Valuegrosse-pointe, miUS
Less Than 20k0.00%2.65%
20k To 399990.24%3.76%
40k To 599991.15%4.99%
60k To 799990.96%6.01%
80k To 999991.75%7.27%
100k To 1499997.41%19.24%
150k To 19999915.55%14.67%
200k To 29999927.37%18.09%
300k To 39999919.11%9.14%
400k To 4999999.22%4.94%
500k To 7499998.38%5.42%
750k To 9999996.75%2.03%
1kk Or More2.11%1.77%
Educationgrosse-pointe, miUS
School Expend$7,177$5,678
Pupil Teacher Ratio17.214.9
Students Per Librarian851803
Students Per Counselor558513
2 Yr College Grad5.47%7.47%
4 Yr College Grad38.78%17.42%
Graduate Degrees32.01%10.12%
High School Grads97.73%84.72%
Crimegrosse-pointe, miUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtgrosse-pointe, miUS
1999 To 20050.00%13.71%
1995 To 19980.63%8.54%
1990 To 19941.16%5.77%
1980 To 19892.75%13.87%
1970 To 19793.07%16.17%
1960 To 19693.39%11.70%
1950 To 195917.94%11.08%
1940 To 194910.96%6.02%
1939 Or Earlier60.09%13.15%

Table Information