Highland Park FORECLOSURE LISTINGS

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

Total: 11
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
3 Photos
MARX ST Highland Park MI 48203 Foreclosures 3 1 $17,900.00 Details
2
4 Photos
HILL ST Highland Park MI 48203 Foreclosures 3 1 $4,900.00 Details
3
2 Photos
CAMERON ST Highland Park MI 48203 Foreclosures 4 1 $4,500.00 Details
4
9 Photos
W LANTZ ST Highland Park MI 48203 Foreclosures 2 1 - Details
5
11 Photos
BALMORAL DR Highland Park MI 48203 Foreclosures 6 3.5 - Details
6
9 Photos
W ROBINWOOD ST Highland Park MI 48203 Foreclosures 3 3 - Details
7
18 Photos
W PARKHURST PL Highland Park MI 48203 Foreclosures 4 1 $8,000.00 Details
8 -
0 Photo
GREELEY ST Highland Park MI 48203 Foreclosures 2 1 $3,900.00 Details
9
6 Photos
COVENTRY ST Highland Park MI 48203 Foreclosures 2 1 $6,900.00 Details
10
5 Photos
STRATHCONA DR Highland Park MI 48203 Foreclosures 4 2 $154,900.00 Details
11
11 Photos
RIOPELLE ST Highland Park MI 48203 Foreclosures 3 2 $60,000.00 Details
About our Listings

How to Buy Highland Park Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Highland Park Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Highland Park Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Highland Park Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Highland Park Pre-Foreclosures

Foreclosure

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

Highland Park Foreclosure Auctions

Foreclosure Auction

Most Highland Park 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 Highland Park, 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 Highland Park, MI. We offer a comprehensive Highland Park foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Highland Park, Michigan

Find Home Foreclosure Listings in Highland Park, MI

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

Our Highland Park Foreclosure Lists

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

You can also search Southgate foreclosure listings and Detroit foreclosure listings for more properties in the neighboring area.



Highland Park, MI

As of 2011, Highland Park's population is 13,691 people. Since 2000, it has had a population growth of -18. 31 percent. The median home cost in Highland Park is $56,500. Home appreciation the last year has been -3. 57 percent. Compared to the rest of the country, Highland Park's cost of living is 21. 80% Lower than the U. S. average. Highland Park public schools spend $4,466 per student. The average school expenditure in the U. S. is $5,678. There are about 50. 8 students per teacher in Highland Park. The unemployment rate in Highland Park is 26. 10 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Highland Park jobs have Decreased by 6. 70 percent. Average Commute time is 32 minutes. The National Average is 28 minutes.

Peoplehighland-park, miUS
Population13,691307,829,557
Pop Density4,76387
Pop Change-18.31%9.34%
Median Age37.136.6
Households4,943116,329,167
Household Size2.632.58
Male Population46.78%49.31%
Female Population53.22%50.69%
Married Population13.11%47.15%
Single Population86.89%52.85%
Estimated Households By Household Incomehighland-park, miUS
Income Less Than 15k42.48%12.10%
Income Between 15k And 25k13.88%10.18%
Income Between 25k And 35k10.24%10.56%
Income Between 35k And 50k13.35%14.98%
Income Between 50k And 75k9.11%19.53%
Income Between 75k And 100k5.55%12.52%
Income Between 100k And 150k3.90%12.14%
Income Between 150k And 250k0.55%3.91%
Income Between 250k And 500k0.83%3.34%
Income Greater Than 500k0.10%0.75%
Economyhighland-park, miUS
Unemployment Rate26.10%9.10%
Recent Job Growth-6.70%-0.12%
Future Job Growth0.50%31.25%
Sales Taxes6.00%6.80%
Income Taxes6.35%6.25%
Income Per Cap$12,464$27,067
Household Income$20,350$52,954
Housinghighland-park, miUS
Median Home Age67.535.1
Median Home Cost$56,500$175,100
Home Appreciation-3.57%-3.15%
Homes Owned30.15%59.90%
Housing Vacant23.38%10.37%
Homes Rented46.47%29.73%
Property Tax Rate$15.50$11.20
Owner Occupied Housing Units By Valuehighland-park, miUS
Less Than 20k16.32%2.65%
20k To 3999918.96%3.76%
40k To 5999920.97%4.99%
60k To 7999916.58%6.01%
80k To 9999914.41%7.27%
100k To 1499999.71%19.24%
150k To 1999991.29%14.67%
200k To 2999990.67%18.09%
300k To 3999990.36%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.57%2.03%
1kk Or More0.15%1.77%
Educationhighland-park, miUS
School Expend$4,466$5,678
Pupil Teacher Ratio50.814.9
Students Per Librarian1702803
Students Per Counselor851513
2 Yr College Grad7.71%7.47%
4 Yr College Grad4.40%17.42%
Graduate Degrees3.03%10.12%
High School Grads72.89%84.72%
Crimehighland-park, miUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builthighland-park, miUS
1999 To 20050.93%13.71%
1995 To 19982.30%8.54%
1990 To 19942.59%5.77%
1980 To 19892.52%13.87%
1970 To 197910.40%16.17%
1960 To 19693.69%11.70%
1950 To 195912.63%11.08%
1940 To 194920.18%6.02%
1939 Or Earlier44.74%13.15%

Table Information