Three Oaks FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
1 Photo
UNION PIER RD Three Oaks MI 49128 Foreclosures 3 1 - Details
2
5 Photos
STICKLES RD Three Oaks MI 49128 Foreclosures 3 2 $64,900.00 Details
About our Listings

How to Buy Three Oaks Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Three Oaks Foreclosures

How to invest foreclosure

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

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Three Oaks 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 Three Oaks, MI. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Three Oaks apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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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.

Three Oaks Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Three Oaks Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Three Oaks Pre-Foreclosures

Foreclosure

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

Three Oaks Foreclosure Auctions

Foreclosure Auction

Most Three Oaks 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 Three Oaks, 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 Three Oaks, MI. We offer a comprehensive Three Oaks foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Three Oaks, Michigan

Find Home Foreclosure Listings in Three Oaks, MI

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

Our Three Oaks Foreclosure Lists

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

You can also search Stevensville foreclosure listings and Benton Harbor foreclosure listings for more properties in the neighboring area.



Three Oaks, MI

As of 2011, Three Oaks's population is 1,703 people. Since 2000, it has had a population growth of -6. 94 percent. The median home cost in Three Oaks is $139,100. Home appreciation the last year has been -0. 70 percent. Compared to the rest of the country, Three Oaks's cost of living is 8. 80% Lower than the U. S. average. Three Oaks public schools spend $4,974 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 5 students per teacher in Three Oaks. The unemployment rate in Three Oaks is 11. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Three Oaks jobs have Increased by 1. 23 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peoplethree-oaks, miUS
Population1,703307,829,557
Pop Density1,73187
Pop Change-6.94%9.34%
Median Age39.436.6
Households708116,329,167
Household Size2.432.58
Male Population49.36%49.31%
Female Population50.64%50.69%
Married Population50.85%47.15%
Single Population49.15%52.85%
Estimated Households By Household Incomethree-oaks, miUS
Income Less Than 15k13.90%12.10%
Income Between 15k And 25k14.47%10.18%
Income Between 25k And 35k13.19%10.56%
Income Between 35k And 50k17.30%14.98%
Income Between 50k And 75k21.99%19.53%
Income Between 75k And 100k10.92%12.52%
Income Between 100k And 150k5.82%12.14%
Income Between 150k And 250k1.13%3.91%
Income Between 250k And 500k1.13%3.34%
Income Greater Than 500k0.14%0.75%
Economythree-oaks, miUS
Unemployment Rate11.00%9.10%
Recent Job Growth1.23%-0.12%
Future Job Growth31.46%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$21,327$27,067
Household Income$42,319$52,954
Housingthree-oaks, miUS
Median Home Age58.735.1
Median Home Cost$139,100$175,100
Home Appreciation-0.70%-3.15%
Homes Owned73.01%59.90%
Housing Vacant9.38%10.37%
Homes Rented17.61%29.73%
Property Tax Rate$11.63$11.20
Owner Occupied Housing Units By Valuethree-oaks, miUS
Less Than 20k0.88%2.65%
20k To 399993.35%3.76%
40k To 599992.99%4.99%
60k To 799994.05%6.01%
80k To 9999910.04%7.27%
100k To 14999937.15%19.24%
150k To 19999918.13%14.67%
200k To 29999914.61%18.09%
300k To 3999992.82%9.14%
400k To 4999992.82%4.94%
500k To 7499990.70%5.42%
750k To 9999991.41%2.03%
1kk Or More1.06%1.77%
Educationthree-oaks, miUS
School Expend$4,974$5,678
Pupil Teacher Ratio16.514.9
Students Per Librarian496803
Students Per Counselor297513
2 Yr College Grad9.79%7.47%
4 Yr College Grad7.43%17.42%
Graduate Degrees4.37%10.12%
High School Grads87.94%84.72%
Crimethree-oaks, miUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtthree-oaks, miUS
1999 To 20053.98%13.71%
1995 To 19984.97%8.54%
1990 To 19944.16%5.77%
1980 To 19896.94%13.87%
1970 To 19797.84%16.17%
1960 To 196910.54%11.70%
1950 To 195912.60%11.08%
1940 To 19497.46%6.02%
1939 Or Earlier41.52%13.15%

Table Information