Commerce Township FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Commerce Township, MI

Commerce Township Home Foreclosure Listing ID: 2083853

Foreclosure

Commerce Township, MI - 48382

3 Bd | 1.5 Ba | $77,000.00

Commerce Township Home Foreclosure Listing ID: 2167286

Foreclosure

Commerce Township, MI - 48382

3 Bd | 1 Ba | $164,900.00

Commerce Township Home Foreclosure Listing ID: 2106772

Foreclosure

Commerce Township, MI - 48382

3 Bd | 2 Ba | $229,770.00

Commerce Township Home Foreclosure Listing ID: 1494059

Foreclosure

Commerce Township, MI - 48382

4 Bd | 2.5 Ba | $230,000.00

Commerce Township Home Foreclosure Listing ID: 2115971

Foreclosure

Commerce Township, MI - 48382

4 Bd | 3 Ba | $337,900.00

Total: 10
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
12 Photos
CHERRY GARDEN DR Commerce Township MI 48382 Foreclosures 3 2 $229,770.00 Details
2
1 Photo
LONGSPUR LN Commerce Township MI 48382 Foreclosures 3 1.5 $77,000.00 Details
3
1 Photo
STRAWBERRY CIR # 132 Commerce Township MI 48382 Foreclosures 4 3 $337,900.00 Details
4
2 Photos
IVY HILL DR Commerce Township MI 48382 Foreclosures 4 2.5 $230,000.00 Details
5
9 Photos
BLUEBIRD DR Commerce Township MI 48382 Foreclosures 3 1 $164,900.00 Details
6 -
0 Photo
ELKIN ST Commerce Township MI 48382 Foreclosures 4 1 $64,900.00 Details
7 -
0 Photo
GARDEN TER Commerce Township MI 48382 Foreclosures 3 1 $98,000.00 Details
8 -
0 Photo
GOLF LANE DR Commerce Township MI 48382 Foreclosures 3 1 $104,900.00 Details
9 -
0 Photo
HURON SPRINGS LN Commerce Township MI 48382 Foreclosures 4 2.5 - Details
10
1 Photo
UNION LAKE RD Commerce Township MI 48382 Foreclosures - - - Details
About our Listings

How to Buy Commerce Township Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Commerce Township Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Commerce Township Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Commerce Township Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Commerce Township Pre-Foreclosures

Foreclosure

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

Commerce Township Foreclosure Auctions

Foreclosure Auction

Most Commerce Township 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 Commerce Township, 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 Commerce Township, MI. We offer a comprehensive Commerce Township foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Commerce Township, Michigan

Find Home Foreclosure Listings in Commerce Township, MI

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

Our Commerce Township Foreclosure Lists

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

You can also search Milford foreclosure listings and White Lake foreclosure listings for more properties in the neighboring area.



Commerce Township, MI

As of 2011, Commerce township's population is 40,323 people. Since 2000, it has had a population growth of 15. 88 percent. The median home cost in Commerce township is $210,100. Home appreciation the last year has been -3. 70 percent. Compared to the rest of the country, Commerce township's cost of living is 2. 90% Higher than the U. S. average. Commerce township public schools spend $6,028 per student. The average school expenditure in the U. S. is $5,678. There are about 28. 8 students per teacher in Commerce township. The unemployment rate in Commerce township is 8. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Commerce township jobs have Decreased by 1. 31 percent. Average Commute time is 33 minutes. The National Average is 28 minutes.

Peoplecommerce-township, miUS
Population40,323307,829,557
Pop Density1,46487
Pop Change15.88%9.34%
Median Age3936.6
Households14,654116,329,167
Household Size2.772.58
Male Population50.29%49.31%
Female Population49.71%50.69%
Married Population61.69%47.15%
Single Population38.31%52.85%
Estimated Households By Household Incomecommerce-township, miUS
Income Less Than 15k3.59%12.10%
Income Between 15k And 25k4.60%10.18%
Income Between 25k And 35k5.34%10.56%
Income Between 35k And 50k10.12%14.98%
Income Between 50k And 75k18.44%19.53%
Income Between 75k And 100k16.94%12.52%
Income Between 100k And 150k23.57%12.14%
Income Between 150k And 250k8.72%3.91%
Income Between 250k And 500k7.54%3.34%
Income Greater Than 500k1.15%0.75%
Economycommerce-township, miUS
Unemployment Rate8.30%9.10%
Recent Job Growth-1.31%-0.12%
Future Job Growth29.08%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$38,597$27,067
Household Income$86,818$52,954
Housingcommerce-township, miUS
Median Home Age26.235.1
Median Home Cost$210,100$175,100
Home Appreciation-3.70%-3.15%
Homes Owned85.71%59.90%
Housing Vacant6.46%10.37%
Homes Rented7.83%29.73%
Property Tax Rate$13.73$11.20
Owner Occupied Housing Units By Valuecommerce-township, miUS
Less Than 20k2.67%2.65%
20k To 399993.62%3.76%
40k To 599991.66%4.99%
60k To 799990.69%6.01%
80k To 999992.44%7.27%
100k To 14999916.46%19.24%
150k To 19999921.52%14.67%
200k To 29999927.64%18.09%
300k To 39999913.08%9.14%
400k To 4999995.56%4.94%
500k To 7499993.34%5.42%
750k To 9999990.75%2.03%
1kk Or More0.58%1.77%
Educationcommerce-township, miUS
School Expend$6,028$5,678
Pupil Teacher Ratio28.814.9
Students Per Librarian575803
Students Per Counselor559513
2 Yr College Grad8.04%7.47%
4 Yr College Grad24.54%17.42%
Graduate Degrees13.70%10.12%
High School Grads94.89%84.72%
Crimecommerce-township, miUS
Violent Crime54
Property Crime54
Housing Units By Year Structure Builtcommerce-township, miUS
1999 To 200519.85%13.71%
1995 To 199813.57%8.54%
1990 To 19948.66%5.77%
1980 To 198912.56%13.87%
1970 To 197915.35%16.17%
1960 To 196911.07%11.70%
1950 To 195910.58%11.08%
1940 To 19494.29%6.02%
1939 Or Earlier4.08%13.15%

Table Information