Highland Township Foreclosures as of 4-12-13

The foreclosure process as applied to residential mortgage loans is a bank or other creditor selling or repossessing a parcel of real estate after the owner has failed to comply with an agreement between the lender and borrower (mortgage or trust). Commonly, the violation of the mortgage is a default in payment secured by a lien on the property. When the process is complete, the lender can sell the property and keep the proceeds to pay off its mortgage and any legal costs, and it is typically said that “the lender has foreclosed its mortgage.”. In many states, including Michigan, items included to calculate the amount of a deficiency judgment include: the loan principal, accrued interest and attorney fees less the amount the lender bid at the foreclosure sale.

Now that you know exactly what a “foreclosure” is, I thought I would give you a list of Highland Township Foreclosures that are currently on the market. Look at the list below and you will see that there are 4 Highland Township foreclosures with an average price of $109,350 and an average time on the market of 106 days.

ADDRESSBATHSBEDSSQ
FOOT
BASEMENTGARAGELOT   DIMENLP   PER SQFT
3016 CENTRAL BLVD131196YN50X20066.80
2766 FISHERMANS DR131186NY80X12078.16
1555 N MILFORD RD1.152809NN300 X 30046.24
2741 CHERRY RD241981NY221X20368.09

Do not let somebody else get the best home deals.  Join my Forclosure VIP club and get the newest lakefront foreclosures and the newest lakefront listings emailed to you daily. The following link will allow you to search all West Bloomfield homes for sale: Oakland County homes for sale.

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