Lapeer FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Lapeer, MI

Lapeer Home Foreclosure Listing ID: 2055077

Foreclosure

Lapeer, MI - 48446

3 Bd | 1 Ba | $42,000.00

Lapeer Home Foreclosure Listing ID: 2013241

Foreclosure

Lapeer, MI - 48446

2 Bd | 1 Ba | $60,000.00

Lapeer Home Foreclosure Listing ID: 1553681

Home Auction

Lapeer, MI - 48446

4 Bd | 1.5 Ba | $99,500.00

Lapeer Home Foreclosure Listing ID: 2055078

Foreclosure

Lapeer, MI - 48446

3 Bd | 2 Ba | $117,900.00

Lapeer Home Foreclosure Listing ID: 2055079

Foreclosure

Lapeer, MI - 48446

3 Bd | 3 Ba | $140,000.00

Total: 14
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
IMLAY CITY RD Lapeer MI 48446 Foreclosures 3 1 $49,000.00 Details
2
3 Photos
MERWIN RD Lapeer MI 48446 Foreclosures 2 2 $95,500.00 Details
3
9 Photos
LANGE LN Lapeer MI 48446 Foreclosures 3 2 $117,900.00 Details
4
16 Photos
E OREGON ST Lapeer MI 48446 Foreclosures 3 1 $42,000.00 Details
5
10 Photos
COLONIAL LN Lapeer MI 48446 Foreclosures 3 1 $69,300.00 Details
6
14 Photos
INDIAN RD Lapeer MI 48446 Foreclosures 3 3 $140,000.00 Details
7
1 Photo
CARPENTER RD Lapeer MI 48446 Auctions 4 1.5 $99,500.00 Details
8
2 Photos
OGLETHORPE DR Lapeer MI 48446 Foreclosures 2 1 $60,000.00 Details
9
1 Photo
S ELBA RD Lapeer MI 48446 Auctions 3 - $9,000.00 Details
10
28 Photos
OGLETHORPE DR Lapeer MI 48446 Foreclosures 2 2 - Details
11
3 Photos
HEATHER DR Lapeer MI 48446 Foreclosures 3 3 $69,900.00 Details
12 -
0 Photo
W GENESEE ST Lapeer MI 48446 Foreclosures 2 1 $28,900.00 Details
13
1 Photo
SHERMAN CT Lapeer MI 48446 Foreclosures 2 1.5 $79,900.00 Details
14 -
0 Photo
MOUNTVIEW RD Lapeer MI 48446 Foreclosures - - $99,900.00 Details
About our Listings

How to Buy Lapeer Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Lapeer Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Lapeer Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Lapeer Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Lapeer Pre-Foreclosures

Foreclosure

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

Lapeer Foreclosure Auctions

Foreclosure Auction

Most Lapeer 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 Lapeer, 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 Lapeer, MI. We offer a comprehensive Lapeer foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Lapeer, Michigan

Find Home Foreclosure Listings in Lapeer, MI

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

Our Lapeer Foreclosure Lists

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

You can also search Imlay City foreclosure listings and Metamora foreclosure listings for more properties in the neighboring area.



Lapeer, MI

As of 2011, Lapeer's population is 9,005 people. Since 2000, it has had a population growth of -0. 80 percent. The median home cost in Lapeer is $96,000. Home appreciation the last year has been -3. 82 percent. Compared to the rest of the country, Lapeer's cost of living is 15. 50% Lower than the U. S. average. Lapeer public schools spend $4,743 per student. The average school expenditure in the U. S. is $5,678. There are about 21 students per teacher in Lapeer. The unemployment rate in Lapeer is 15. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Lapeer jobs have Decreased by 3. 19 percent. Average Commute time is 29 minutes. The National Average is 28 minutes.

Peoplelapeer, miUS
Population9,005307,829,557
Pop Density1,67387
Pop Change-0.80%9.34%
Median Age36.236.6
Households3,446116,329,167
Household Size2.242.58
Male Population53.63%49.31%
Female Population46.37%50.69%
Married Population33.38%47.15%
Single Population66.62%52.85%
Estimated Households By Household Incomelapeer, miUS
Income Less Than 15k18.13%12.10%
Income Between 15k And 25k15.26%10.18%
Income Between 25k And 35k15.31%10.56%
Income Between 35k And 50k18.71%14.98%
Income Between 50k And 75k21.00%19.53%
Income Between 75k And 100k6.21%12.52%
Income Between 100k And 150k4.44%12.14%
Income Between 150k And 250k0.41%3.91%
Income Between 250k And 500k0.55%3.34%
Income Greater Than 500k0.00%0.75%
Economylapeer, miUS
Unemployment Rate15.00%9.10%
Recent Job Growth-3.19%-0.12%
Future Job Growth18.62%31.25%
Sales Taxes6.00%6.80%
Income Taxes5.35%6.25%
Income Per Cap$16,924$27,067
Household Income$35,870$52,954
Housinglapeer, miUS
Median Home Age35.135.1
Median Home Cost$96,000$175,100
Home Appreciation-3.82%-3.15%
Homes Owned45.45%59.90%
Housing Vacant7.26%10.37%
Homes Rented47.28%29.73%
Property Tax Rate$8.50$11.20
Owner Occupied Housing Units By Valuelapeer, miUS
Less Than 20k5.27%2.65%
20k To 3999912.66%3.76%
40k To 599998.11%4.99%
60k To 7999910.71%6.01%
80k To 9999920.53%7.27%
100k To 14999929.47%19.24%
150k To 19999910.47%14.67%
200k To 2999991.66%18.09%
300k To 3999990.71%9.14%
400k To 4999990.06%4.94%
500k To 7499990.36%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationlapeer, miUS
School Expend$4,743$5,678
Pupil Teacher Ratio2114.9
Students Per Librarian2367803
Students Per Counselor710513
2 Yr College Grad7.49%7.47%
4 Yr College Grad7.49%17.42%
Graduate Degrees4.65%10.12%
High School Grads83.44%84.72%
Crimelapeer, miUS
Violent Crime44
Property Crime64
Housing Units By Year Structure Builtlapeer, miUS
1999 To 20056.02%13.71%
1995 To 199812.40%8.54%
1990 To 19949.49%5.77%
1980 To 198914.34%13.87%
1970 To 197915.81%16.17%
1960 To 19697.99%11.70%
1950 To 19598.12%11.08%
1940 To 19496.89%6.02%
1939 Or Earlier18.93%13.15%

Table Information