Vicksburg FORECLOSURE LISTINGS

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

Total: 4
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
12 Photos
DRAPER ST Vicksburg MI 49097 Foreclosures 4 1 $33,900.00 Details
2
8 Photos
W WASHINGTON ST Vicksburg MI 49097 Foreclosures 2 1 $9,000.00 Details
3
1 Photo
E S AVE Vicksburg MI 49097 Foreclosures 3 2 $134,900.00 Details
4
4 Photos
S 30TH ST Vicksburg MI 49097 Foreclosures 4 3 $122,900.00 Details
About our Listings

How to Buy Vicksburg Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Vicksburg Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Vicksburg Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Vicksburg Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Vicksburg Pre-Foreclosures

Foreclosure

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

Vicksburg Foreclosure Auctions

Foreclosure Auction

Most Vicksburg 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 Vicksburg, 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 Vicksburg, MI. We offer a comprehensive Vicksburg foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Vicksburg, Michigan

Find Home Foreclosure Listings in Vicksburg, MI

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

Our Vicksburg Foreclosure Lists

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

You can also search Scotts foreclosure listings and Portage foreclosure listings for more properties in the neighboring area.



Vicksburg, MI

As of 2011, Vicksburg's population is 2,086 people. Since 2000, it has had a population growth of -10. 05 percent. The median home cost in Vicksburg is $128,300. Home appreciation the last year has been -2. 09 percent. Compared to the rest of the country, Vicksburg's cost of living is 10. 50% Lower than the U. S. average. Vicksburg public schools spend $4,508 per student. The average school expenditure in the U. S. is $5,678. There are about 17 students per teacher in Vicksburg. The unemployment rate in Vicksburg is 8. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Vicksburg jobs have Increased by 0. 27 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplevicksburg, miUS
Population2,086307,829,557
Pop Density1,12187
Pop Change-10.05%9.34%
Median Age34.836.6
Households830116,329,167
Household Size2.52.58
Male Population47.42%49.31%
Female Population52.58%50.69%
Married Population45.77%47.15%
Single Population54.23%52.85%
Estimated Households By Household Incomevicksburg, miUS
Income Less Than 15k10.48%12.10%
Income Between 15k And 25k10.84%10.18%
Income Between 25k And 35k13.61%10.56%
Income Between 35k And 50k16.63%14.98%
Income Between 50k And 75k23.37%19.53%
Income Between 75k And 100k13.86%12.52%
Income Between 100k And 150k9.03%12.14%
Income Between 150k And 250k1.93%3.91%
Income Between 250k And 500k0.24%3.34%
Income Greater Than 500k0.00%0.75%
Economyvicksburg, miUS
Unemployment Rate8.80%9.10%
Recent Job Growth0.27%-0.12%
Future Job Growth31.74%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$22,685$27,067
Household Income$48,773$52,954
Housingvicksburg, miUS
Median Home Age62.735.1
Median Home Cost$128,300$175,100
Home Appreciation-2.09%-3.15%
Homes Owned62.49%59.90%
Housing Vacant7.05%10.37%
Homes Rented30.46%29.73%
Property Tax Rate$13.54$11.20
Owner Occupied Housing Units By Valuevicksburg, miUS
Less Than 20k0.00%2.65%
20k To 399993.41%3.76%
40k To 599991.79%4.99%
60k To 799994.66%6.01%
80k To 9999918.28%7.27%
100k To 14999944.44%19.24%
150k To 19999918.64%14.67%
200k To 2999996.45%18.09%
300k To 3999992.33%9.14%
400k To 4999990.00%4.94%
500k To 7499990.00%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationvicksburg, miUS
School Expend$4,508$5,678
Pupil Teacher Ratio1714.9
Students Per Librarian1368803
Students Per Counselor380513
2 Yr College Grad8.19%7.47%
4 Yr College Grad15.03%17.42%
Graduate Degrees3.91%10.12%
High School Grads89.41%84.72%
Crimevicksburg, miUS
Violent Crime34
Property Crime34
Housing Units By Year Structure Builtvicksburg, miUS
1999 To 20050.90%13.71%
1995 To 19984.69%8.54%
1990 To 19944.04%5.77%
1980 To 19895.38%13.87%
1970 To 197914.67%16.17%
1960 To 19697.17%11.70%
1950 To 195911.76%11.08%
1940 To 19495.15%6.02%
1939 Or Earlier46.25%13.15%

Table Information