Southgate FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Southgate, MI

Southgate Home Foreclosure Listing ID: 820788

Foreclosure

Southgate, MI - 48195

3 Bd | 1 Ba | $31,000.00

Southgate Home Foreclosure Listing ID: 1953528

Foreclosure

Southgate, MI - 48195

2 Bd | 2 Ba | $32,200.00

Southgate Home Foreclosure Listing ID: 872646

Foreclosure

Southgate, MI - 48195

3 Bd | 1 Ba | $34,500.00

Southgate Home Foreclosure Listing ID: 2167327

Foreclosure

Southgate, MI - 48195

3 Bd | 2 Ba | $45,400.00

Southgate Home Foreclosure Listing ID: 2148577

Foreclosure

Southgate, MI - 48195

3 Bd | 1 Ba | $47,000.00

Total: 21
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
25 Photos
HELEN ST Southgate MI 48195 Foreclosures 4 1 $33,400.00 Details
2
6 Photos
MULBERRY ST Southgate MI 48195 Foreclosures 3 1 $42,400.00 Details
3
6 Photos
PEARL ST Southgate MI 48195 Foreclosures 3 1 $31,000.00 Details
4
7 Photos
MULBERRY ST Southgate MI 48195 Foreclosures 3 1 $47,000.00 Details
5
5 Photos
POPLAR ST Southgate MI 48195 Foreclosures 3 2 $45,400.00 Details
6
10 Photos
LAKESIDE DR APT 7 Southgate MI 48195 Foreclosures 2 2 $32,200.00 Details
7
12 Photos
SUPERIOR ST Southgate MI 48195 Foreclosures 3 1 $34,500.00 Details
8
1 Photo
FORDLINE ST Southgate MI 48195 Foreclosures 3 1 $25,900.00 Details
9
3 Photos
GLENHURST Southgate MI 48195 Foreclosures 4 3.5 - Details
10
2 Photos
HELEN ST Southgate MI 48195 Foreclosures 3 1 - Details
11
26 Photos
KENNEBEC ST Southgate MI 48195 Auctions 3 1 - Details
12
14 Photos
BREST ST Southgate MI 48195 Foreclosures 3 2 - Details
13
1 Photo
POPLAR ST Southgate MI 48195 Foreclosures 1 1 - Details
14
16 Photos
WESLEY ST Southgate MI 48195 Foreclosures 3 1 $32,000.00 Details
15
8 Photos
MULBERRY ST Southgate MI 48195 Foreclosures 3 1.5 $42,700.00 Details
16
4 Photos
IRENE ST Southgate MI 48195 Foreclosures 2 1 $19,500.00 Details
17
27 Photos
ARGYLE ST Southgate MI 48195 Foreclosures 3 1 $58,000.00 Details
18
1 Photo
DEVOE ST Southgate MI 48195 Foreclosures 3 1 $65,600.00 Details
19
5 Photos
RONDA DR UNIT 68 Southgate MI 48195 Foreclosures 3 1.1 $35,000.00 Details
20
22 Photos
OAKDALE ST Southgate MI 48195 Foreclosures 3 1 $25,000.00 Details
About our Listings

How to Buy Southgate Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Southgate Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Southgate Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Southgate Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Southgate Pre-Foreclosures

Foreclosure

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

Southgate Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Southgate, Michigan

Find Home Foreclosure Listings in Southgate, MI

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

Our Southgate Foreclosure Lists

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

You can also search Riverview foreclosure listings and Highland Park foreclosure listings for more properties in the neighboring area.



Southgate, MI

As of 2011, Southgate's population is 26,487 people. Since 2000, it has had a population growth of -12. 17 percent. The median home cost in Southgate is $123,900. Home appreciation the last year has been -3. 45 percent. Compared to the rest of the country, Southgate's cost of living is 11. 00% Lower than the U. S. average. Southgate public schools spend $4,948 per student. The average school expenditure in the U. S. is $5,678. There are about 21. 2 students per teacher in Southgate. The unemployment rate in Southgate is 7. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Southgate jobs have Decreased by 1. 35 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplesouthgate, miUS
Population26,487307,829,557
Pop Density4,07587
Pop Change-12.17%9.34%
Median Age42.436.6
Households11,341116,329,167
Household Size2.312.58
Male Population48.34%49.31%
Female Population51.66%50.69%
Married Population46.77%47.15%
Single Population53.23%52.85%
Estimated Households By Household Incomesouthgate, miUS
Income Less Than 15k11.17%12.10%
Income Between 15k And 25k9.35%10.18%
Income Between 25k And 35k12.14%10.56%
Income Between 35k And 50k17.56%14.98%
Income Between 50k And 75k23.85%19.53%
Income Between 75k And 100k13.46%12.52%
Income Between 100k And 150k10.11%12.14%
Income Between 150k And 250k1.51%3.91%
Income Between 250k And 500k0.80%3.34%
Income Greater Than 500k0.04%0.75%
Economysouthgate, miUS
Unemployment Rate7.60%9.10%
Recent Job Growth-1.35%-0.12%
Future Job Growth29.70%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$24,850$27,067
Household Income$49,681$52,954
Housingsouthgate, miUS
Median Home Age49.135.1
Median Home Cost$123,900$175,100
Home Appreciation-3.45%-3.15%
Homes Owned64.94%59.90%
Housing Vacant7.43%10.37%
Homes Rented27.63%29.73%
Property Tax Rate$15.50$11.20
Owner Occupied Housing Units By Valuesouthgate, miUS
Less Than 20k0.38%2.65%
20k To 399990.54%3.76%
40k To 599991.98%4.99%
60k To 799996.38%6.01%
80k To 9999919.67%7.27%
100k To 14999947.41%19.24%
150k To 19999915.31%14.67%
200k To 2999997.22%18.09%
300k To 3999990.78%9.14%
400k To 4999990.08%4.94%
500k To 7499990.08%5.42%
750k To 9999990.00%2.03%
1kk Or More0.18%1.77%
Educationsouthgate, miUS
School Expend$4,948$5,678
Pupil Teacher Ratio21.214.9
Students Per Librarian2890803
Students Per Counselor1445513
2 Yr College Grad7.76%7.47%
4 Yr College Grad10.64%17.42%
Graduate Degrees4.50%10.12%
High School Grads86.11%84.72%
Crimesouthgate, miUS
Violent Crime44
Property Crime64
Housing Units By Year Structure Builtsouthgate, miUS
1999 To 20053.80%13.71%
1995 To 19985.30%8.54%
1990 To 19942.89%5.77%
1980 To 19898.46%13.87%
1970 To 197916.35%16.17%
1960 To 196914.86%11.70%
1950 To 195932.88%11.08%
1940 To 194912.08%6.02%
1939 Or Earlier3.39%13.15%

Table Information