South Rockwood FORECLOSURE LISTINGS

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

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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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SYCAMORE RD Newport MI 48166 Foreclosures 3 2 $44,900.00 Details
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WATER RIDGE DR Newport MI 48166 Foreclosures 3 2 $24,900.00 Details
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GARRETT TRAIL DR Newport MI 48166 Foreclosures 3 2 $26,900.00 Details
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N STONEY CREEK RD Newport MI 48166 Foreclosures 4 3.5 $274,900.00 Details
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BASKET BRANCH DR Newport MI 48166 Foreclosures 3 2 $29,900.00 Details
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10TH ST Newport MI 48166 Auctions 2 1 - Details
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W TIMBERVIEW DR Newport MI 48166 Foreclosures 3 2 $39,900.00 Details
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PINE MEADOW DR Newport MI 48166 Foreclosures 4 2.5 $37,900.00 Details
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CANYON TRAIL DR Newport MI 48166 Foreclosures 3 2.5 $39,900.00 Details
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POST RD Newport MI 48166 Foreclosures - - $40,000.00 Details
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SYCAMORE RD Newport MI 48166 Foreclosures - - - Details
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MAPLEVIEW ST Carleton MI 48117 Foreclosures 4 2 $31,000.00 Details
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CARLETON ROCKWOOD RD Carleton MI 48117 Foreclosures 3 1 $53,900.00 Details
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RABBIT RUN RD Carleton MI 48117 Foreclosures 4 2.5 $247,500.00 Details
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CRANE ST Carleton MI 48117 Foreclosures 3 1 $44,900.00 Details
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SWEITZER RD Carleton MI 48117 Foreclosures 4 2 - Details
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MONROE ST Carleton MI 48117 Foreclosures 3 2 $99,900.00 Details
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SUMPTER RD Carleton MI 48117 Foreclosures - - $35,900.00 Details
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TELEGRAPH RD Carleton MI 48117 Foreclosures - - - Details
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JEFFERSON CT Monroe MI 48161 Foreclosures 3 1 $74,900.00 Details
About our Listings

How to Buy South Rockwood Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in South Rockwood Foreclosures

How to invest foreclosure

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

Foreclosure home

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

South Rockwood Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

South Rockwood Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

South Rockwood Pre-Foreclosures

Foreclosure

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

South Rockwood Foreclosure Auctions

Foreclosure Auction

Most South Rockwood 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 South Rockwood, 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 South Rockwood, MI. We offer a comprehensive South Rockwood foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in South Rockwood, Michigan

Find Home Foreclosure Listings in South Rockwood, MI

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

Our South Rockwood Foreclosure Lists

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

You can also search Carleton foreclosure listings and Dundee foreclosure listings for more properties in the neighboring area.



South Rockwood, MI

As of 2011, South Rockwood's population is 1,755 people. Since 2000, it has had a population growth of 36. 58 percent. The median home cost in South Rockwood is $146,400. Home appreciation the last year has been -4. 29 percent. Compared to the rest of the country, South Rockwood's cost of living is 7. 00% Lower than the U. S. average. South Rockwood public schools spend $4,864 per student. The average school expenditure in the U. S. is $5,678. There are about 20. 1 students per teacher in South Rockwood. The unemployment rate in South Rockwood is 10. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. South Rockwood jobs have Decreased by 1. 96 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peoplesouth-rockwood, miUS
Population1,755307,829,557
Pop Density67987
Pop Change36.58%9.34%
Median Age39.436.6
Households644116,329,167
Household Size2.742.58
Male Population51.42%49.31%
Female Population48.58%50.69%
Married Population58.23%47.15%
Single Population41.77%52.85%
Estimated Households By Household Incomesouth-rockwood, miUS
Income Less Than 15k7.49%12.10%
Income Between 15k And 25k9.67%10.18%
Income Between 25k And 35k10.30%10.56%
Income Between 35k And 50k14.98%14.98%
Income Between 50k And 75k20.75%19.53%
Income Between 75k And 100k18.56%12.52%
Income Between 100k And 150k14.35%12.14%
Income Between 150k And 250k2.65%3.91%
Income Between 250k And 500k1.09%3.34%
Income Greater Than 500k0.16%0.75%
Economysouth-rockwood, miUS
Unemployment Rate10.90%9.10%
Recent Job Growth-1.96%-0.12%
Future Job Growth25.18%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$24,363$27,067
Household Income$58,976$52,954
Housingsouth-rockwood, miUS
Median Home Age36.335.1
Median Home Cost$146,400$175,100
Home Appreciation-4.29%-3.15%
Homes Owned82.29%59.90%
Housing Vacant4.61%10.37%
Homes Rented13.10%29.73%
Property Tax Rate$10.44$11.20
Owner Occupied Housing Units By Valuesouth-rockwood, miUS
Less Than 20k2.71%2.65%
20k To 399992.17%3.76%
40k To 599991.99%4.99%
60k To 799994.88%6.01%
80k To 9999911.57%7.27%
100k To 14999931.83%19.24%
150k To 19999925.32%14.67%
200k To 29999915.91%18.09%
300k To 3999993.07%9.14%
400k To 4999990.36%4.94%
500k To 7499990.18%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationsouth-rockwood, miUS
School Expend$4,864$5,678
Pupil Teacher Ratio20.114.9
Students Per Librarian1281803
Students Per Counselor610513
2 Yr College Grad6.95%7.47%
4 Yr College Grad5.84%17.42%
Graduate Degrees2.96%10.12%
High School Grads86.65%84.72%
Crimesouth-rockwood, miUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtsouth-rockwood, miUS
1999 To 200534.97%13.71%
1995 To 19983.37%8.54%
1990 To 19942.58%5.77%
1980 To 19893.27%13.87%
1970 To 19799.38%16.17%
1960 To 19699.08%11.70%
1950 To 195911.16%11.08%
1940 To 19498.78%6.02%
1939 Or Earlier17.41%13.15%

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