Spring Lake FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Spring Lake, MI

Spring Lake Home Foreclosure Listing ID: 1468170

Foreclosure

Spring Lake, MI - 49456

2 Bd | 1.5 Ba | $43,900.00

Spring Lake Home Foreclosure Listing ID: 2004431

Foreclosure

Spring Lake, MI - 49456

3 Bd | 2 Ba | $44,500.00

Spring Lake Home Foreclosure Listing ID: 2106587

Foreclosure

Spring Lake, MI - 49456

2 Bd | 1 Ba | $66,500.00

Spring Lake Home Foreclosure Listing ID: 2149331

Foreclosure

Spring Lake, MI - 49456

3 Bd | 2 Ba | $103,000.00

Spring Lake Home Foreclosure Listing ID: 1770256

Foreclosure

Spring Lake, MI - 49456

3 Bd | 2 Ba | $158,100.00

Total: 10
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
13 Photos
S LAKE AVE Spring Lake MI 49456 Foreclosures 3 2 $44,500.00 Details
2
4 Photos
N FRUITPORT RD Spring Lake MI 49456 Foreclosures 2 1.5 $43,900.00 Details
3
5 Photos
N FRUITPORT RD Spring Lake MI 49456 Foreclosures 3 2 $103,000.00 Details
4
6 Photos
VISSER ST Spring Lake MI 49456 Foreclosures 2 1 $66,500.00 Details
5
25 Photos
144TH AVE Spring Lake MI 49456 Foreclosures 3 2 $158,100.00 Details
6
12 Photos
WOODLAWN AVE Spring Lake MI 49456 Foreclosures 3 2 $59,500.00 Details
7
13 Photos
RIVER ST Spring Lake MI 49456 Foreclosures 3 2 $90,000.00 Details
8
2 Photos
STATE RD Spring Lake MI 49456 Foreclosures 6 4 $99,000.00 Details
9
1 Photo
PONTALUNA RD Spring Lake MI 49456 Foreclosures - - $400,000.00 Details
10
1 Photo
W SAVIDGE ST UNIT 29 Spring Lake MI 49456 Foreclosures - - $259,800.00 Details
About our Listings

How to Buy Spring Lake Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Spring Lake Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Spring Lake Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Spring Lake Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Spring Lake Pre-Foreclosures

Foreclosure

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

Spring Lake Foreclosure Auctions

Foreclosure Auction

Most Spring Lake 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 Spring Lake, 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 Spring Lake, MI. We offer a comprehensive Spring Lake foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Spring Lake, Michigan

Find Home Foreclosure Listings in Spring Lake, MI

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

Our Spring Lake Foreclosure Lists

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

You can also search Nunica foreclosure listings and West Olive foreclosure listings for more properties in the neighboring area.



Spring Lake, MI

As of 2011, Spring Lake's population is 2,530 people. Since 2000, it has had a population growth of 0. 68 percent. The median home cost in Spring Lake is $139,300. Home appreciation the last year has been -2. 26 percent. Compared to the rest of the country, Spring Lake's cost of living is 9. 50% Lower than the U. S. average. Spring Lake public schools spend $5,167 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 3 students per teacher in Spring Lake. The unemployment rate in Spring Lake is 9. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Spring Lake jobs have Decreased by 0. 22 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplespring-lake, miUS
Population2,530307,829,557
Pop Density2,35787
Pop Change0.68%9.34%
Median Age4536.6
Households1,118116,329,167
Household Size2.162.58
Male Population45.99%49.31%
Female Population54.01%50.69%
Married Population52.53%47.15%
Single Population47.47%52.85%
Estimated Households By Household Incomespring-lake, miUS
Income Less Than 15k11.85%12.10%
Income Between 15k And 25k14.53%10.18%
Income Between 25k And 35k17.56%10.56%
Income Between 35k And 50k20.50%14.98%
Income Between 50k And 75k17.38%19.53%
Income Between 75k And 100k7.93%12.52%
Income Between 100k And 150k4.10%12.14%
Income Between 150k And 250k3.65%3.91%
Income Between 250k And 500k2.41%3.34%
Income Greater Than 500k0.09%0.75%
Economyspring-lake, miUS
Unemployment Rate9.30%9.10%
Recent Job Growth-0.22%-0.12%
Future Job Growth30.26%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$24,622$27,067
Household Income$39,337$52,954
Housingspring-lake, miUS
Median Home Age47.235.1
Median Home Cost$139,300$175,100
Home Appreciation-2.26%-3.15%
Homes Owned63.68%59.90%
Housing Vacant16.33%10.37%
Homes Rented19.99%29.73%
Property Tax Rate$11.15$11.20
Owner Occupied Housing Units By Valuespring-lake, miUS
Less Than 20k0.00%2.65%
20k To 399992.11%3.76%
40k To 599990.47%4.99%
60k To 799993.63%6.01%
80k To 9999913.47%7.27%
100k To 14999950.94%19.24%
150k To 19999916.04%14.67%
200k To 2999999.25%18.09%
300k To 3999991.64%9.14%
400k To 4999990.70%4.94%
500k To 7499990.47%5.42%
750k To 9999991.05%2.03%
1kk Or More0.23%1.77%
Educationspring-lake, miUS
School Expend$5,167$5,678
Pupil Teacher Ratio19.314.9
Students Per Librarian2390803
Students Per Counselor498513
2 Yr College Grad11.67%7.47%
4 Yr College Grad23.11%17.42%
Graduate Degrees11.23%10.12%
High School Grads91.48%84.72%
Crimespring-lake, miUS
Violent Crime14
Property Crime44
Housing Units By Year Structure Builtspring-lake, miUS
1999 To 200512.53%13.71%
1995 To 19988.04%8.54%
1990 To 19947.02%5.77%
1980 To 19895.29%13.87%
1970 To 19798.65%16.17%
1960 To 196912.38%11.70%
1950 To 195913.57%11.08%
1940 To 194911.33%6.02%
1939 Or Earlier21.18%13.15%

Table Information