Sterling Heights FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Sterling Heights, MI

Sterling Heights Home Foreclosure Listing ID: 2024797

Foreclosure

Sterling Heights, MI - 48313

3 Bd | 1 Ba | $49,900.00

Sterling Heights Home Foreclosure Listing ID: 2054986

Foreclosure

Sterling Heights, MI - 48310

3 Bd | 1.5 Ba | $56,000.00

Sterling Heights Home Foreclosure Listing ID: 2054998

Foreclosure

Sterling Heights, MI - 48314

2 Bd | 1 Ba | $80,000.00

Sterling Heights Home Foreclosure Listing ID: 2059728

Foreclosure

Sterling Heights, MI - 48312

3 Bd | 1.1 Ba | $101,970.00

Sterling Heights Home Foreclosure Listing ID: 2052133

Foreclosure

Sterling Heights, MI - 48314

4 Bd | 2.5 Ba | $266,500.00

Total: 56
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
12 Photos
CANAL RD Sterling Heights MI 48314 Foreclosures 2 1 $80,000.00 Details
2
11 Photos
KOPER DR Sterling Heights MI 48310 Foreclosures 3 1.5 $56,000.00 Details
3
7 Photos
MILLINGTON DR Sterling Heights MI 48313 Foreclosures 2 1 $72,900.00 Details
4
9 Photos
16 1/2 MILE RD Sterling Heights MI 48312 Foreclosures 6 3 $170,900.00 Details
5
1 Photo
MERRILL RD Sterling Heights MI 48314 Foreclosures 3 1.5 $109,900.00 Details
6
21 Photos
CRISSMAN CT Sterling Heights MI 48314 Foreclosures 4 2.5 $263,500.00 Details
7
11 Photos
INDIGO DR Sterling Heights MI 48310 Foreclosures 3 1.5 $134,500.00 Details
8
9 Photos
IDAHO DR Sterling Heights MI 48312 Foreclosures 4 2 $104,500.00 Details
9
11 Photos
FOX HILL DR Sterling Heights MI 48310 Foreclosures 3 1 $99,000.00 Details
10
10 Photos
HEYWOOD CIR Sterling Heights MI 48312 Foreclosures 2 2 $79,500.00 Details
11
2 Photos
BORA CT Sterling Heights MI 48312 Foreclosures 4 1.1 $75,000.00 Details
12
1 Photo
NORTHPOINTE DR Sterling Heights MI 48313 Foreclosures 2 2 $39,900.00 Details
13
11 Photos
COCOA CT Sterling Heights MI 48312 Foreclosures 3 2 $104,900.00 Details
14
3 Photos
SLEIGH DR Sterling Heights MI 48310 Foreclosures 3 1.5 $110,000.00 Details
15
9 Photos
GLOUCESTER DR Sterling Heights MI 48310 Foreclosures 4 2 $145,600.00 Details
16
9 Photos
PARKLAWN DR Sterling Heights MI 48313 Foreclosures 3 2 $74,000.00 Details
17
7 Photos
BAYLEAF DR Sterling Heights MI 48314 Foreclosures 3 2.5 $160,000.00 Details
18
19 Photos
JOANISE DR Sterling Heights MI 48312 Foreclosures 3 1.5 $104,500.00 Details
19
1 Photo
VIOLA DR Sterling Heights MI 48312 Foreclosures 3 2 $112,500.00 Details
20
17 Photos
LORDS DR Sterling Heights MI 48310 Foreclosures 3 2 $137,500.00 Details
About our Listings

How to Buy Sterling Heights Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Sterling Heights Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Sterling Heights Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Sterling Heights Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Sterling Heights Pre-Foreclosures

Foreclosure

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

Sterling Heights Foreclosure Auctions

Foreclosure Auction

Most Sterling Heights 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 Sterling Heights, 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 Sterling Heights, MI. We offer a comprehensive Sterling Heights foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Sterling Heights, Michigan

Find Home Foreclosure Listings in Sterling Heights, MI

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

Our Sterling Heights Foreclosure Lists

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

You can also search Ray foreclosure listings and Utica foreclosure listings for more properties in the neighboring area.



Sterling Heights, MI

As of 2011, Sterling Heights's population is 127,657 people. Since 2000, it has had a population growth of 2. 62 percent. The median home cost in Sterling Heights is $164,000. Home appreciation the last year has been -3. 81 percent. Compared to the rest of the country, Sterling Heights's cost of living is 5. 40% Lower than the U. S. average. Sterling Heights public schools spend $5,419 per student. The average school expenditure in the U. S. is $5,678. There are about 21. 5 students per teacher in Sterling Heights. The unemployment rate in Sterling Heights is 9. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Sterling Heights jobs have Decreased by 1. 78 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplesterling-heights, miUS
Population127,657307,829,557
Pop Density3,47987
Pop Change2.62%9.34%
Median Age3936.6
Households48,728116,329,167
Household Size2.562.58
Male Population49.09%49.31%
Female Population50.91%50.69%
Married Population52.80%47.15%
Single Population47.20%52.85%
Estimated Households By Household Incomesterling-heights, miUS
Income Less Than 15k8.27%12.10%
Income Between 15k And 25k8.00%10.18%
Income Between 25k And 35k9.40%10.56%
Income Between 35k And 50k13.42%14.98%
Income Between 50k And 75k22.63%19.53%
Income Between 75k And 100k17.56%12.52%
Income Between 100k And 150k15.69%12.14%
Income Between 150k And 250k3.39%3.91%
Income Between 250k And 500k1.51%3.34%
Income Greater Than 500k0.12%0.75%
Economysterling-heights, miUS
Unemployment Rate9.00%9.10%
Recent Job Growth-1.78%-0.12%
Future Job Growth27.44%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$27,072$27,067
Household Income$62,291$52,954
Housingsterling-heights, miUS
Median Home Age34.235.1
Median Home Cost$164,000$175,100
Home Appreciation-3.81%-3.15%
Homes Owned76.05%59.90%
Housing Vacant3.58%10.37%
Homes Rented20.37%29.73%
Property Tax Rate$13.13$11.20
Owner Occupied Housing Units By Valuesterling-heights, miUS
Less Than 20k2.58%2.65%
20k To 399991.43%3.76%
40k To 599991.31%4.99%
60k To 799991.99%6.01%
80k To 999994.08%7.27%
100k To 14999929.64%19.24%
150k To 19999941.63%14.67%
200k To 29999912.90%18.09%
300k To 3999993.35%9.14%
400k To 4999990.86%4.94%
500k To 7499990.16%5.42%
750k To 9999990.02%2.03%
1kk Or More0.07%1.77%
Educationsterling-heights, miUS
School Expend$5,419$5,678
Pupil Teacher Ratio21.514.9
Students Per Librarian544803
Students Per Counselor701513
2 Yr College Grad9.15%7.47%
4 Yr College Grad18.63%17.42%
Graduate Degrees9.33%10.12%
High School Grads87.85%84.72%
Crimesterling-heights, miUS
Violent Crime34
Property Crime44
Housing Units By Year Structure Builtsterling-heights, miUS
1999 To 20059.33%13.71%
1995 To 19986.38%8.54%
1990 To 19947.42%5.77%
1980 To 198915.12%13.87%
1970 To 197932.76%16.17%
1960 To 196921.79%11.70%
1950 To 19595.36%11.08%
1940 To 19490.94%6.02%
1939 Or Earlier0.89%13.15%

Table Information