Zillow and Trulia list it as a foreclosure but no address
Sometimes Zillow and Trulia will list a home in a city as a foreclosure but they won’t give an address. These sites use public records as a resource so they may pull up that a home has recently go into foreclosure. In Michigan a house will go into foreclosure but it isn’t owned completely by the bank yet. The owner of the house goes through sheriff sale and a six month redemption period before the bank legally owns it. (and the old owner is out). So Zillow and Trulia may know about it but do not advertise it for sale. No realtor has it, the bank can’t sell it. Sometimes this foreclosure is stopped or information gets changed. I believe these sites protect themselves from legal action and problems by not listing the houses address. Can you imagine if they did. People would be driving by the house, walking around it and the owner owns it yet. Not the bank. Not until the six month redemption period is up. So yes the house is a foreclosure, but it may never be for sale as a foreclosure. [wnt_grid keyid=”1″ title=”Bloomfield 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=”420000″ max_price=”1000000000″ listing_status=”Active” county=”Oakland” city=”Bloomfield Hills,Bloomfield Township” /]
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