Livonia FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Livonia, MI

Livonia Home Foreclosure Listing ID: 2148411

Foreclosure

Livonia, MI - 48152

3 Bd | 1 Ba | $21,000.00

Livonia Home Foreclosure Listing ID: 2148658

Foreclosure

Livonia, MI - 48152

3 Bd | 1 Ba | $29,000.00

Livonia Home Foreclosure Listing ID: 2080129

Foreclosure

Livonia, MI - 48150

3 Bd | 1 Ba | $39,900.00

Livonia Home Foreclosure Listing ID: 2167333

Foreclosure

Livonia, MI - 48154

3 Bd | 1 Ba | $146,900.00

Livonia Home Foreclosure Listing ID: 2167524

Foreclosure

Livonia, MI - 48152

3 Bd | 2 Ba | $177,500.00

Total: 39
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
HUBBARD ST Livonia MI 48154 Foreclosures 3 3 $87,000.00 Details
2
15 Photos
PERSHING ST Livonia MI 48152 Foreclosures 3 1 $21,000.00 Details
3
3 Photos
LOUISE ST Livonia MI 48150 Foreclosures 3 1 $18,900.00 Details
4
1 Photo
FLORAL ST Livonia MI 48152 Foreclosures 3 1 $22,500.00 Details
5
10 Photos
GITA ST Livonia MI 48154 Foreclosures 3 1 $102,500.00 Details
6
12 Photos
PERTH ST Livonia MI 48154 Foreclosures 3 2.5 $99,900.00 Details
7
12 Photos
BRENTWOOD ST Livonia MI 48154 Foreclosures 3 1 $92,200.00 Details
8
8 Photos
MAYFIELD ST Livonia MI 48152 Foreclosures 2 1 $66,500.00 Details
9
22 Photos
ANN ARBOR TRL Livonia MI 48150 Foreclosures 3 1 $39,900.00 Details
10
9 Photos
PERTH ST Livonia MI 48154 Foreclosures 3 1 $146,900.00 Details
11
6 Photos
RENSELLOR ST Livonia MI 48152 Foreclosures 3 1 $29,000.00 Details
12
18 Photos
DEERING ST Livonia MI 48152 Foreclosures 3 1 $32,760.00 Details
13
8 Photos
INKSTER RD Livonia MI 48150 Foreclosures 2 1 $19,250.00 Details
14
10 Photos
MORLOCK ST Livonia MI 48152 Foreclosures 3 2 $177,500.00 Details
15
9 Photos
MIDDLEBELT RD Livonia MI 48150 Foreclosures 2 1 $33,300.00 Details
16
25 Photos
7 MILE RD Livonia MI 48152 Foreclosures 4 2.5 $133,200.00 Details
17
7 Photos
MIDDLEBELT RD Livonia MI 48152 Foreclosures 3 2.5 - Details
18
22 Photos
MARLER ST Livonia MI 48154 Auctions 4 3.5 - Details
19
14 Photos
FARMINGTON RD Livonia MI 48154 Auctions 2 1.5 - Details
20
7 Photos
HUBBARD ST Livonia MI 48150 Foreclosures 4 1.5 - Details
About our Listings

How to Buy Livonia Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Livonia Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Livonia Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Livonia Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Livonia Pre-Foreclosures

Foreclosure

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

Livonia Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Livonia, Michigan

Find Home Foreclosure Listings in Livonia, MI

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

Our Livonia Foreclosure Lists

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

You can also search Lincoln Park foreclosure listings and New Boston foreclosure listings for more properties in the neighboring area.



Livonia, MI

As of 2011, Livonia's population is 87,214 people. Since 2000, it has had a population growth of -13. 25 percent. The median home cost in Livonia is $174,100. Home appreciation the last year has been -3. 60 percent. Compared to the rest of the country, Livonia's cost of living is 3. 00% Lower than the U. S. average. Livonia public schools spend $5,719 per student. The average school expenditure in the U. S. is $5,678. There are about 21. 1 students per teacher in Livonia. The unemployment rate in Livonia is 4. 90 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Livonia jobs have Decreased by 0. 54 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peoplelivonia, miUS
Population87,214307,829,557
Pop Density2,56787
Pop Change-13.25%9.34%
Median Age44.936.6
Households33,184116,329,167
Household Size2.592.58
Male Population48.50%49.31%
Female Population51.50%50.69%
Married Population53.71%47.15%
Single Population46.29%52.85%
Estimated Households By Household Incomelivonia, miUS
Income Less Than 15k5.76%12.10%
Income Between 15k And 25k6.92%10.18%
Income Between 25k And 35k7.88%10.56%
Income Between 35k And 50k13.63%14.98%
Income Between 50k And 75k21.84%19.53%
Income Between 75k And 100k18.20%12.52%
Income Between 100k And 150k18.56%12.14%
Income Between 150k And 250k4.43%3.91%
Income Between 250k And 500k2.48%3.34%
Income Greater Than 500k0.30%0.75%
Economylivonia, miUS
Unemployment Rate4.90%9.10%
Recent Job Growth-0.54%-0.12%
Future Job Growth34.02%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$30,048$27,067
Household Income$68,219$52,954
Housinglivonia, miUS
Median Home Age46.935.1
Median Home Cost$174,100$175,100
Home Appreciation-3.60%-3.15%
Homes Owned86.84%59.90%
Housing Vacant2.70%10.37%
Homes Rented10.46%29.73%
Property Tax Rate$15.50$11.20
Owner Occupied Housing Units By Valuelivonia, miUS
Less Than 20k0.13%2.65%
20k To 399990.17%3.76%
40k To 599990.52%4.99%
60k To 799991.78%6.01%
80k To 999994.04%7.27%
100k To 14999927.63%19.24%
150k To 19999934.50%14.67%
200k To 29999925.51%18.09%
300k To 3999994.53%9.14%
400k To 4999990.93%4.94%
500k To 7499990.18%5.42%
750k To 9999990.02%2.03%
1kk Or More0.06%1.77%
Educationlivonia, miUS
School Expend$5,719$5,678
Pupil Teacher Ratio21.114.9
Students Per Librarian541803
Students Per Counselor536513
2 Yr College Grad8.19%7.47%
4 Yr College Grad21.27%17.42%
Graduate Degrees11.39%10.12%
High School Grads92.26%84.72%
Crimelivonia, miUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtlivonia, miUS
1999 To 20050.24%13.71%
1995 To 19983.78%8.54%
1990 To 19943.70%5.77%
1980 To 19899.85%13.87%
1970 To 197914.80%16.17%
1960 To 196925.01%11.70%
1950 To 195931.93%11.08%
1940 To 19496.29%6.02%
1939 Or Earlier4.41%13.15%

Table Information