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Commerce Foreclosures For Sale

View today's Commerce foreclosures & Commerce real estate below. Learn more about Commerce condos, Commerce luxury homes, and Commerce new construction homes by accessing our easy-to-use search tools, or connect with one of our experienced real estate agents, who can provide you with insider information about the foreclosure housing market, arrange for private showings, and help in defining your home search based on your needs and your lifestyle. For more information about Commerce Michigan properties for sale or to schedule a private home showing, contact your local Commerce real estate experts today.

Foreclosed Homes For Sale in Commerce MI

New Listings First
2 Properties Found.
Homes for Sale in Wolverine Lake Vlg, MI
  • MLS® #: 219024504
  • 179 Wabasso St
  • Wolverine Lake Vlg, MI 48390
  • $74,900
  • 3 Bed, 1 Bath, 960 SqFt, 0.5 Acres
  • Residential
  • Add as Favorite
Homes for Sale located at 798 Glengary Rd, in the city of Commerce Twp, MI 48390
  • MLS® #: 218081471
  • 798 Glengary Rd
  • Commerce Twp, MI 48390
  • $144,900
  • 2 Bed, 1 Bath, 1342 SqFt, 0.75 Acres
  • Residential
  • Add as Favorite

Commerce Foreclosure Market

If you want a great deal on a house, you should think about buying a foreclosed home in Commerce Township. Foreclosed homes have been sweeping the housing market. Some buyers see this as bad news, but for others buying a foreclosed home at ultra-low prices is a great investment. This may be an ideal time for buyers to purchase their dream home at a discounted price. Some of the most beautiful subdivisions in Commerce Township are Ashley Oaks, Bridge Point, Campbell Creek, Edge Wood, and Golf Manor. There are some beautiful homes to choose from in Commerce Township that are affordable and desirable to different buyers who have different tastes.

When buying a foreclosed home, the buyer should find a real estate broker who deals directly with banks that own foreclosed homes. The real estate broker should get a preapproval with the lender. The buyer should also study the sale prices of comparable homes. It is also important to remember that the buyer is purchasing an "as is" home, so improvements must be made to the house. You must see the home that you want in person, and you must have your home inspected in order to know exactly what you're getting into with your purchase.

There are some great bargains in Commerce Township and plenty of opportunities to buy a foreclosure home, distressed property, or bank owned home right now. Your real estate agent has to search the MLS on an hourly basis each day to see the new homes that hit the market. You must have a pre-approval ready so you can make a strong offer. Most bank owned homes will not even entertain your offer if you do not have a strong pre-approval ready. Homeowners that have been foreclosed upon in Commerce Township are continuing to rise since the same period last year. The Commerce Township real estate market is adjusting down in sales price with every home that sells. Now is the time to start buying up if you are an investor or a first time homebuyer. Now is the time to make money investing like a pro, taking advantage of a unique buyers market. Many lenders are selling their inventory at below market values.

The Commerce Township real estate pipeline of foreclosure filings is high for the state. There is an abundance of homeowners in financial trouble, entering pre-foreclosure status in Commerce Township for a number of reasons. Banks are starting to talk more about short sales as another option rather than going into foreclosure.

Commerce Foreclosure Real Estate Agents

Planning to buy or sell a foreclosed home in Commerce? Let our local Commerce real estate team guide you through the sale of your current residence or purchase your new bank-owned home. As Commerce real estate experts, we're well-versed in the unique market dynamics of Michigan real estate. We're prepared to negotiate for you today!

Contact the Mark Z Home Selling Team to learn more about representation for buyers and sellers. Preparing to sell your Commerce home? View our comparative market analysis page to receive a free Commerce home value estimate within moments.

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Provided through IDX through Realcomp II Ltd. Courtesy of eXp Realty. Copyright 2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.