Marine City FORECLOSURE LISTINGS

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

Total: 3
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
14 Photos
S MARY ST Marine City MI 48039 Foreclosures 3 1 $29,889.00 Details
2
3 Photos
BUTLER ST Marine City MI 48039 Foreclosures 3 1.5 - Details
3
23 Photos
N MAIN ST Marine City MI 48039 Foreclosures 5 3 $289,900.00 Details
About our Listings

How to Buy Marine City Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Marine City Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Marine City Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Marine City Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Marine City Pre-Foreclosures

Foreclosure

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

Marine City Foreclosure Auctions

Foreclosure Auction

Most Marine City 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 Marine City, 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 Marine City, MI. We offer a comprehensive Marine City foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Marine City, Michigan

Find Home Foreclosure Listings in Marine City, MI

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

Our Marine City Foreclosure Lists

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

You can also search Jeddo foreclosure listings and Marysville foreclosure listings for more properties in the neighboring area.



Marine City, MI

As of 2011, Marine City's population is 4,303 people. Since 2000, it has had a population growth of -7. 50 percent. The median home cost in Marine City is $116,400. Home appreciation the last year has been -3. 90 percent. Compared to the rest of the country, Marine City's cost of living is 11. 70% Lower than the U. S. average. Marine City public schools spend $4,811 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 4 students per teacher in Marine City. The unemployment rate in Marine City is 14. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Marine City jobs have Decreased by 2. 86 percent. Average Commute time is 31 minutes. The National Average is 28 minutes.

Peoplemarine-city, miUS
Population4,303307,829,557
Pop Density1,99487
Pop Change-7.50%9.34%
Median Age37.636.6
Households1,763116,329,167
Household Size2.452.58
Male Population48.05%49.31%
Female Population51.95%50.69%
Married Population46.36%47.15%
Single Population53.64%52.85%
Estimated Households By Household Incomemarine-city, miUS
Income Less Than 15k14.49%12.10%
Income Between 15k And 25k13.07%10.18%
Income Between 25k And 35k15.51%10.56%
Income Between 35k And 50k21.05%14.98%
Income Between 50k And 75k19.86%19.53%
Income Between 75k And 100k10.07%12.52%
Income Between 100k And 150k2.94%12.14%
Income Between 150k And 250k1.19%3.91%
Income Between 250k And 500k1.70%3.34%
Income Greater Than 500k0.11%0.75%
Economymarine-city, miUS
Unemployment Rate14.20%9.10%
Recent Job Growth-2.86%-0.12%
Future Job Growth20.08%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$20,414$27,067
Household Income$39,908$52,954
Housingmarine-city, miUS
Median Home Age57.735.1
Median Home Cost$116,400$175,100
Home Appreciation-3.90%-3.15%
Homes Owned64.85%59.90%
Housing Vacant9.06%10.37%
Homes Rented26.09%29.73%
Property Tax Rate$11.07$11.20
Owner Occupied Housing Units By Valuemarine-city, miUS
Less Than 20k0.95%2.65%
20k To 399991.59%3.76%
40k To 599995.00%4.99%
60k To 7999910.87%6.01%
80k To 9999921.67%7.27%
100k To 14999945.16%19.24%
150k To 1999999.76%14.67%
200k To 2999994.21%18.09%
300k To 3999990.71%9.14%
400k To 4999990.08%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationmarine-city, miUS
School Expend$4,811$5,678
Pupil Teacher Ratio19.414.9
Students Per Librarian718803
Students Per Counselor715513
2 Yr College Grad8.73%7.47%
4 Yr College Grad6.98%17.42%
Graduate Degrees3.49%10.12%
High School Grads86.24%84.72%
Crimemarine-city, miUS
Violent Crime24
Property Crime54
Housing Units By Year Structure Builtmarine-city, miUS
1999 To 20052.16%13.71%
1995 To 19985.32%8.54%
1990 To 19947.39%5.77%
1980 To 19895.10%13.87%
1970 To 197910.91%16.17%
1960 To 19697.46%11.70%
1950 To 195914.10%11.08%
1940 To 194912.45%6.02%
1939 Or Earlier35.10%13.15%

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