West Bloomfield Foreclosures as of 3-11-13
West Bloomfield Foreclosures as of 3-11-13 are listed below. There are currently 14 homes in foreclosure in West Bloomfield with an average time on the market of only 30 days. Finding a quality foreclosure in West Bloomfield that you can fix up and live in or fix up and flip takes a keen eye and a good Real Estate expert, such as myself. Here is some information you might find useful when looking for West Bloomfield Foreclosures:
How do you know if you are getting a bargain in a home right now? It is pretty easy to find out if the home you are buying is a bargain. Ask your Real Estate agent to pull all the comparables in the area. A comparable is a home that is very similar in size and style as the house you are buying. For example you only compare ranch to ranch and colonial to colonials. You should never have to compare a ranch to a colonial.
Some of the basic rules of appraising is that you look for a similar style of home with roughly the same features and approximately the same square footage within a square mile of the existing property without crossing over any main roads, or railroad tracks. And they should have sold within the last six months. Houses that have sold over six months ago may not be a good comparable any more. Especially like the market we are having in 2007.
So your agent should first pull all the homes that have sold in the neighborhood, then they should pull all the homes that have sold within the square mile. They all should have sold within the last six months. Then the agent should pull the sold homes in the city if he can´t find enough comparable’s. Some agents don´t like to do this because all they care about is selling a home and not whether the home is worth the price.
You can then take a look at all the sold homes and see how the price of the house you are buying compares to the sold homes. Look at the square footage and the features to be able to compare apples to apples. This is how you tell whether the home you are buying is worth it. If you are looking to buy a Metro Detroit home and want an agent to look out for you email me or call me on my cell at 248-310-6239.
ADDRESS | BATH | BEDS | SQ FOOT | BASE | GARAGE | LOT DIMEN | LP PER SQFT |
1648 MADDOX ST | 1 | 2 | 939 | N | N | 60X100 | 40.46 |
4382 N GREEN LAKE RD | 1 | 3 | 850 | N | N | 50X100 | 64.58 |
4908 LAKEVIEW AVE | 2 | 3 | 1609 | N | N | 40X120 | 52.76 |
3351 OAKLEAF DR | 1 | 3 | 1172 | N | Y | 103X379 | 89.59 |
7212 STONEBROOK RD | 1.1 | 3 | 2054 | Y | Y | 125X129 | 60.80 |
5565 BRYDEN ST | 1 | 3 | 1910 | N | Y | 150X120 | 70.68 |
2451 LAKENA RD | 2 | 4 | 1454 | Y | Y | 120X90 | 92.84 |
3638 OAKLEAF DR | 2.1 | 4 | 2728 | Y | Y | 100X153 | 61.91 |
4188 OLD DOMINION DR | 2.1 | 4 | 2557 | Y | Y | 105X128 | 82.12 |
7101 OAKWOOD DR | 2.1 | 3 | 3115 | Y | Y | 90X132 | 77.01 |
4121 BLACKBURN DR | 2.1 | 3 | 1977 | Y | Y | 131X150 | 123.87 |
3475 MIDDLEBELT RD | 2.2 | 3 | 3393 | N | Y | 163X215 | 81.93 |
2456 LONE PINE RD | 2.1 | 3 | 2236 | Y | Y | 100X178 | 143.11 |
2350 UPLONG ST | 2.1 | 3 | 3104 | Y | Y | 75X170 | 115.94 |
If you have questions about Metro Detroit foreclosures feel free to give me a call or email me. My cell is (248) 310-6239 and my email YesMyRealtor@gmail.com.
Have a great day!
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Wayne County MI real estate market statistics
The current Metro Detroit real estate market as of July 2009
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