Fraser FORECLOSURE LISTINGS

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

Total: 4
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
SLUMBER LN Fraser MI 48026 Foreclosures 3 1 $78,500.00 Details
2
8 Photos
JOSEPHINE Fraser MI 48026 Foreclosures 5 4 $220,000.00 Details
3
24 Photos
KINGSTON DR Fraser MI 48026 Foreclosures 3 1 $118,900.00 Details
4
1 Photo
DORIS Fraser MI 48026 Foreclosures 3 1.5 - Details
About our Listings

How to Buy Fraser Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Fraser Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Fraser Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Fraser Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Fraser Pre-Foreclosures

Foreclosure

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

Fraser Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Fraser, Michigan

Find Home Foreclosure Listings in Fraser, MI

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

Our Fraser Foreclosure Lists

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

You can also search Eastpointe foreclosure listings and Clinton Township foreclosure listings for more properties in the neighboring area.



Fraser, MI

As of 2011, Fraser's population is 14,786 people. Since 2000, it has had a population growth of -3. 33 percent. The median home cost in Fraser is $136,900. Home appreciation the last year has been -3. 81 percent. Compared to the rest of the country, Fraser's cost of living is 9. 70% Lower than the U. S. average. Fraser public schools spend $5,513 per student. The average school expenditure in the U. S. is $5,678. There are about 17. 7 students per teacher in Fraser. The unemployment rate in Fraser is 11. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Fraser jobs have Decreased by 2. 72 percent. Average Commute time is 27 minutes. The National Average is 28 minutes.

Peoplefraser, miUS
Population14,786307,829,557
Pop Density3,55287
Pop Change-3.33%9.34%
Median Age40.636.6
Households6,054116,329,167
Household Size2.432.58
Male Population46.75%49.31%
Female Population53.25%50.69%
Married Population48.80%47.15%
Single Population51.20%52.85%
Estimated Households By Household Incomefraser, miUS
Income Less Than 15k11.57%12.10%
Income Between 15k And 25k11.44%10.18%
Income Between 25k And 35k11.34%10.56%
Income Between 35k And 50k14.01%14.98%
Income Between 50k And 75k21.44%19.53%
Income Between 75k And 100k14.58%12.52%
Income Between 100k And 150k12.26%12.14%
Income Between 150k And 250k2.57%3.91%
Income Between 250k And 500k0.76%3.34%
Income Greater Than 500k0.03%0.75%
Economyfraser, miUS
Unemployment Rate11.70%9.10%
Recent Job Growth-2.72%-0.12%
Future Job Growth22.86%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$24,919$27,067
Household Income$52,143$52,954
Housingfraser, miUS
Median Home Age3835.1
Median Home Cost$136,900$175,100
Home Appreciation-3.81%-3.15%
Homes Owned71.19%59.90%
Housing Vacant2.60%10.37%
Homes Rented26.21%29.73%
Property Tax Rate$13.13$11.20
Owner Occupied Housing Units By Valuefraser, miUS
Less Than 20k0.63%2.65%
20k To 399991.31%3.76%
40k To 599992.32%4.99%
60k To 799995.43%6.01%
80k To 9999910.26%7.27%
100k To 14999943.86%19.24%
150k To 19999922.68%14.67%
200k To 29999912.60%18.09%
300k To 3999990.86%9.14%
400k To 4999990.02%4.94%
500k To 7499990.02%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationfraser, miUS
School Expend$5,513$5,678
Pupil Teacher Ratio17.714.9
Students Per Librarian2428803
Students Per Counselor850513
2 Yr College Grad9.31%7.47%
4 Yr College Grad11.15%17.42%
Graduate Degrees6.89%10.12%
High School Grads86.85%84.72%
Crimefraser, miUS
Violent Crime34
Property Crime54
Housing Units By Year Structure Builtfraser, miUS
1999 To 20056.04%13.71%
1995 To 19987.70%8.54%
1990 To 19948.26%5.77%
1980 To 198910.22%13.87%
1970 To 197922.87%16.17%
1960 To 196919.31%11.70%
1950 To 195919.28%11.08%
1940 To 19492.92%6.02%
1939 Or Earlier3.40%13.15%

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