Waterford Foreclosures as of 2-27-2013

Click the picture to find out what your home is worth

It´s commonly believed that foreclosure properties represent easy money that is ripe for the taking – that you can buy it, do a little work on it in your spare time, and then flip it.  This isn’t the case most of the time.  Although, with proper planning and thought, money can be made by buying “fixer uppers”.  For many buyers who intend to live in the house while working on it, buying a fixer-upper can be a great option.  By buying a fixer upper you get sweat equity.  You will gain equity in the home by bringing it up to normal standards.  The key is to buy a home below market price and to be able to put less money into it than a comparable good home.  If you can buy a ready to move in home (in top shape) for $200,000 and you want to buy a fixer upper for $150,000.  Then you should not have to spend more than $35,000 – $40,000 to fix it up to make it a deal.  It´s also less risky buying a fixer-upper when you can live in the house while fixing it. And of course, by living in the house for at least 24 months you should qualify for the IRS exemption of no capital gains.

Below is a current list of Waterford foreclosures as of 2-27-13. There are 43 foreclosed homes on the market in Waterford today and the average time they have been on the foreclosure market is 45 days. If you would like more information about the properties below, buying a foreclosure or buying a “fixer upper” or even about flipping, email or call me on my cell: 248-310-6239. I’ll be happy to answer any questions you may have.

ADDRESSBATHSBEDSSQUARE FOOTBASEGARAGELOT   DIMENLP   PER SQFT
15 HADRILL CT1.141080YN37X14521.2962
5482 SARVIS AVE121182YN38X14229.5262
5561 HARRELL RD1.121080YY60X14533.3333
2161 BRIGGS ST131110NY75X15438.4684
121 N TILDEN AVE131420NY80X12530.2112
615 CEDARLAWN RD131414NN50X11930.8062
2837 CHRYSLER AVE12856YN40X13552.4532
4415 SUNBURST AVE121061NY60X14747.0311
188 N AVERY RD222102YY70X35026.1655
4265 CLINTONVILLE   RD231572YY60X20036.7048
6351 ELMWOOD DR12909NY50X11363.4763
6206 GRACE K DR131025YY75X15058.439
1462 WHITTIER DR131305NN82X13846.7432
3652 MARK RD241634YY75X15039.7184
6468 CLOVERTON DR13984NY50X14066.0569
4150 MOTORWAY DR131152YY91X8960.677
640 SHERYL DR221484YY75X15850.4716
1045 COSGROVE231005NY77X14674.5273
4111 MAPLELEAF RD231960NY100X15138.2653
3935 LAWLEY AVE1.141952YY50X13538.4221
6266 ANDERSONVILLE RD131086YY50X20072.4677
139 RIVIERA TER241904NY125X17041.9642
1367 LINVILLE DR12994YY75X13780.3822
3540 LEVEE ST1.131225NN80X14069.3061
6342 ROWLEY BLVD241744NN214X15948.7385
6932 WELLESLEY   BLVD231384YY70X12561.4161
4950 WOOD ST221296YY100X17967.824
503 TILMOR DR1.131053YY75X15085.1851
90 CRISTY AVE341357YY200X70X150X13066.1016
5444 FLEET AVE2.143822NY40X12824.856
5969 PLEASANT DR1.131476YY80X16267.5474
791 SHERYL DR131075YN75X15892.9302
261 RIVIERA TER131465YY50X15674.1979
2515 DESMOND131658NN35X11075.3317
2185 SCOTT LAKE RD1.121541YY50X12183.5171
7825 ELIZABETH LAKE RD111264NN40X153110.6803
1262 SHERWOOD FOREST CT2.131484YY60X111104.2452
6863 BRIGHTWOOD CT231680NY50X10994.6428
1726 ELSMERE RD231422YY50X200115.1195
615 LAKESIDE DR331874YY50X15990.128
625 SALUS DR2.142464YY50X15094.9675
4695 FOREST AVE2.131313YY73X200215.4607
6477 OAK VALLEY RD3.132621YY76X424139.2216

You may also want to check out these links:

Do not let somebody else get the best home deals.  Join my Foreclosure VIP club and get the newest lakefront foreclosures and the newest lakefront listings emailed to you daily.

Northville foreclosures

Livonia Foreclosure Market MI

Go Red Wings

[wnt_grid keyid=”1″ title=”Waterford homes for sale in Michigan” maptype=”disabled” ownertype=”all” paginated=”true” sortoptions=”true” maxresults=”50″ search_mode=”form” primarysearchtype=”active” searchtype=”city” state=”MI” single_family=”y” condo=”y” min_price=”10000″ max_price=”1000000000″ listing_status=”Active” county=”Oakland” city=”Waterford,Waterford Township” /]