Eaton Rapids FORECLOSURE LISTINGS

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

Total: 7
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
S ROYSTON RD Eaton Rapids MI 48827 Foreclosures 3 1.5 $89,500.00 Details
2
11 Photos
E KNIGHT ST Eaton Rapids MI 48827 Foreclosures 3 1 $28,900.00 Details
3
15 Photos
MILLS HWY Eaton Rapids MI 48827 Foreclosures 3 1 $34,900.00 Details
4
7 Photos
E BELLEVUE HWY Eaton Rapids MI 48827 Foreclosures 4 2 - Details
5
1 Photo
LISA MARIE DR Eaton Rapids MI 48827 Foreclosures 2 3.5 - Details
6
18 Photos
FREEMAN RD Eaton Rapids MI 48827 Foreclosures 3 1 $32,000.00 Details
7
8 Photos
E CLINTON TRL Eaton Rapids MI 48827 Auctions 3 1.5 $45,000.00 Details
About our Listings

How to Buy Eaton Rapids Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Eaton Rapids Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Eaton Rapids Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Eaton Rapids Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Eaton Rapids Pre-Foreclosures

Foreclosure

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

Eaton Rapids Foreclosure Auctions

Foreclosure Auction

Most Eaton Rapids 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 Eaton Rapids, 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 Eaton Rapids, MI. We offer a comprehensive Eaton Rapids foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Eaton Rapids, Michigan

Find Home Foreclosure Listings in Eaton Rapids, MI

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

Our Eaton Rapids Foreclosure Lists

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

You can also search Dimondale foreclosure listings and Grand Ledge foreclosure listings for more properties in the neighboring area.



Eaton Rapids, MI

As of 2011, Eaton Rapids's population is 5,287 people. Since 2000, it has had a population growth of -0. 73 percent. The median home cost in Eaton Rapids is $99,400. Home appreciation the last year has been -3. 88 percent. Compared to the rest of the country, Eaton Rapids's cost of living is 16. 40% Lower than the U. S. average. Eaton Rapids public schools spend $4,999 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 3 students per teacher in Eaton Rapids. The unemployment rate in Eaton Rapids is 7. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Eaton Rapids jobs have Increased by 1. 64 percent. Average Commute time is 26 minutes. The National Average is 28 minutes.

Peopleeaton-rapids, miUS
Population5,287307,829,557
Pop Density1,55687
Pop Change-0.73%9.34%
Median Age35.436.6
Households2,084116,329,167
Household Size2.562.58
Male Population48.62%49.31%
Female Population51.38%50.69%
Married Population48.46%47.15%
Single Population51.54%52.85%
Estimated Households By Household Incomeeaton-rapids, miUS
Income Less Than 15k12.87%12.10%
Income Between 15k And 25k11.20%10.18%
Income Between 25k And 35k14.98%10.56%
Income Between 35k And 50k18.18%14.98%
Income Between 50k And 75k22.92%19.53%
Income Between 75k And 100k12.87%12.52%
Income Between 100k And 150k4.45%12.14%
Income Between 150k And 250k1.72%3.91%
Income Between 250k And 500k0.77%3.34%
Income Greater Than 500k0.05%0.75%
Economyeaton-rapids, miUS
Unemployment Rate7.90%9.10%
Recent Job Growth1.64%-0.12%
Future Job Growth35.38%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$20,550$27,067
Household Income$43,933$52,954
Housingeaton-rapids, miUS
Median Home Age46.835.1
Median Home Cost$99,400$175,100
Home Appreciation-3.88%-3.15%
Homes Owned69.54%59.90%
Housing Vacant6.11%10.37%
Homes Rented24.35%29.73%
Property Tax Rate$13.09$11.20
Owner Occupied Housing Units By Valueeaton-rapids, miUS
Less Than 20k0.84%2.65%
20k To 399994.01%3.76%
40k To 5999911.50%4.99%
60k To 7999914.99%6.01%
80k To 9999921.38%7.27%
100k To 14999931.85%19.24%
150k To 1999999.69%14.67%
200k To 2999994.59%18.09%
300k To 3999990.97%9.14%
400k To 4999990.19%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationeaton-rapids, miUS
School Expend$4,999$5,678
Pupil Teacher Ratio19.314.9
Students Per Librarian1524803
Students Per Counselor610513
2 Yr College Grad10.24%7.47%
4 Yr College Grad11.07%17.42%
Graduate Degrees7.02%10.12%
High School Grads90.82%84.72%
Crimeeaton-rapids, miUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builteaton-rapids, miUS
1999 To 20056.74%13.71%
1995 To 19988.39%8.54%
1990 To 19946.66%5.77%
1980 To 19896.74%13.87%
1970 To 197912.67%16.17%
1960 To 196912.44%11.70%
1950 To 195910.47%11.08%
1940 To 19494.45%6.02%
1939 Or Earlier31.45%13.15%

Table Information