East Lansing FORECLOSURE LISTINGS

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

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
9 Photos
BIBER ST East Lansing MI 48823 Foreclosures 3 1 $60,000.00 Details
2
22 Photos
PARK LAKE RD East Lansing MI 48823 Foreclosures 3 2 $64,900.00 Details
3
24 Photos
KNOLL RD East Lansing MI 48823 Foreclosures 3 2 $174,900.00 Details
4
14 Photos
COLEMAN RD East Lansing MI 48823 Foreclosures 4 2.5 $107,500.00 Details
5
28 Photos
WHITE CLOVER DR East Lansing MI 48823 Foreclosures 3 2.1 $158,000.00 Details
6 -
0 Photo
WOLF CT East Lansing MI 48823 Foreclosures 2 1 $55,640.00 Details
About our Listings

How to Buy East Lansing Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in East Lansing Foreclosures

How to invest foreclosure

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

Foreclosure home

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

East Lansing Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

East Lansing Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

East Lansing Pre-Foreclosures

Foreclosure

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

East Lansing Foreclosure Auctions

Foreclosure Auction

Most East Lansing 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 East Lansing, 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 East Lansing, MI. We offer a comprehensive East Lansing foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in East Lansing, Michigan

Find Home Foreclosure Listings in East Lansing, MI

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

Our East Lansing Foreclosure Lists

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

You can also search Dansville foreclosure listings and Haslett foreclosure listings for more properties in the neighboring area.



East Lansing, MI

As of 2011, East Lansing's population is 45,062 people. Since 2000, it has had a population growth of -3. 16 percent. The median home cost in East Lansing is $173,500. Home appreciation the last year has been -3. 85 percent. Compared to the rest of the country, East Lansing's cost of living is 3. 90% Lower than the U. S. average. East Lansing public schools spend $5,855 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 8 students per teacher in East Lansing. The unemployment rate in East Lansing is 10. 30 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. East Lansing jobs have Increased by 1. 27 percent. Average Commute time is 17 minutes. The National Average is 28 minutes.

Peopleeast-lansing, miUS
Population45,062307,829,557
Pop Density4,09087
Pop Change-3.16%9.34%
Median Age2336.6
Households14,046116,329,167
Household Size2.162.58
Male Population48.22%49.31%
Female Population51.78%50.69%
Married Population16.72%47.15%
Single Population83.28%52.85%
Estimated Households By Household Incomeeast-lansing, miUS
Income Less Than 15k27.17%12.10%
Income Between 15k And 25k15.70%10.18%
Income Between 25k And 35k10.90%10.56%
Income Between 35k And 50k11.80%14.98%
Income Between 50k And 75k11.59%19.53%
Income Between 75k And 100k7.55%12.52%
Income Between 100k And 150k9.10%12.14%
Income Between 150k And 250k3.02%3.91%
Income Between 250k And 500k2.75%3.34%
Income Greater Than 500k0.43%0.75%
Economyeast-lansing, miUS
Unemployment Rate10.30%9.10%
Recent Job Growth1.27%-0.12%
Future Job Growth32.24%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$18,622$27,067
Household Income$31,691$52,954
Housingeast-lansing, miUS
Median Home Age41.835.1
Median Home Cost$173,500$175,100
Home Appreciation-3.85%-3.15%
Homes Owned31.53%59.90%
Housing Vacant8.10%10.37%
Homes Rented60.37%29.73%
Property Tax Rate$17.36$11.20
Owner Occupied Housing Units By Valueeast-lansing, miUS
Less Than 20k0.41%2.65%
20k To 399990.23%3.76%
40k To 599990.54%4.99%
60k To 799993.21%6.01%
80k To 999994.45%7.27%
100k To 14999931.38%19.24%
150k To 19999929.47%14.67%
200k To 29999921.31%18.09%
300k To 3999995.41%9.14%
400k To 4999991.82%4.94%
500k To 7499991.43%5.42%
750k To 9999990.31%2.03%
1kk Or More0.02%1.77%
Educationeast-lansing, miUS
School Expend$5,855$5,678
Pupil Teacher Ratio16.814.9
Students Per Librarian855803
Students Per Counselor496513
2 Yr College Grad5.74%7.47%
4 Yr College Grad32.50%17.42%
Graduate Degrees36.72%10.12%
High School Grads96.96%84.72%
Crimeeast-lansing, miUS
Violent Crime64
Property Crime44
Housing Units By Year Structure Builteast-lansing, miUS
1999 To 20055.84%13.71%
1995 To 19982.67%8.54%
1990 To 19944.54%5.77%
1980 To 198911.21%13.87%
1970 To 197921.43%16.17%
1960 To 196921.54%11.70%
1950 To 195917.59%11.08%
1940 To 19495.97%6.02%
1939 Or Earlier9.22%13.15%

Table Information