Eau Claire FORECLOSURE LISTINGS

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

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BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
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8 Photos
HOCHBERGER RD Eau Claire MI 49111 Foreclosures 3 1 $51,000.00 Details
About our Listings

How to Buy Eau Claire Foreclosures

How to buy foreclosures

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

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How to Invest in Eau Claire Foreclosures

How to invest foreclosure

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

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Eau Claire 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 Eau Claire, MI. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Eau Claire apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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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.

Eau Claire Banks Foreclosures

Bank Foreclosure

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

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Eau Claire Government Foreclosures

Government Foreclosure

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

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Eau Claire Pre-Foreclosures

Foreclosure

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

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Eau Claire Foreclosure Auctions

Foreclosure Auction

Most Eau Claire 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 Eau Claire, 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 Eau Claire, MI. We offer a comprehensive Eau Claire foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in Eau Claire, Michigan

Find Home Foreclosure Listings in Eau Claire, MI

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

Our Eau Claire Foreclosure Lists

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

You can also search Buchanan foreclosure listings and New Buffalo foreclosure listings for more properties in the neighboring area.



Eau Claire, MI

As of 2011, Eau Claire's population is 642 people. Since 2000, it has had a population growth of -2. 13 percent. The median home cost in Eau Claire is $111,400. Home appreciation the last year has been -0. 77 percent. Compared to the rest of the country, Eau Claire's cost of living is 13. 20% Lower than the U. S. average. Eau Claire public schools spend $5,409 per student. The average school expenditure in the U. S. is $5,678. There are about 15. 6 students per teacher in Eau Claire. The unemployment rate in Eau Claire is 11. 00 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Eau Claire jobs have Increased by 1. 23 percent. Average Commute time is 23 minutes. The National Average is 28 minutes.

Peopleeau-claire, miUS
Population642307,829,557
Pop Density90587
Pop Change-2.13%9.34%
Median Age38.436.6
Households207116,329,167
Household Size2.72.58
Male Population49.14%49.31%
Female Population50.86%50.69%
Married Population43.91%47.15%
Single Population56.09%52.85%
Estimated Households By Household Incomeeau-claire, miUS
Income Less Than 15k13.04%12.10%
Income Between 15k And 25k12.08%10.18%
Income Between 25k And 35k16.43%10.56%
Income Between 35k And 50k17.87%14.98%
Income Between 50k And 75k21.26%19.53%
Income Between 75k And 100k11.11%12.52%
Income Between 100k And 150k6.76%12.14%
Income Between 150k And 250k0.97%3.91%
Income Between 250k And 500k0.48%3.34%
Income Greater Than 500k0.00%0.75%
Economyeau-claire, miUS
Unemployment Rate11.00%9.10%
Recent Job Growth1.23%-0.12%
Future Job Growth31.46%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$17,339$27,067
Household Income$41,952$52,954
Housingeau-claire, miUS
Median Home Age40.235.1
Median Home Cost$111,400$175,100
Home Appreciation-0.77%-3.15%
Homes Owned71.19%59.90%
Housing Vacant12.29%10.37%
Homes Rented16.53%29.73%
Property Tax Rate$11.63$11.20
Owner Occupied Housing Units By Valueeau-claire, miUS
Less Than 20k13.10%2.65%
20k To 399994.76%3.76%
40k To 599997.14%4.99%
60k To 799998.93%6.01%
80k To 9999911.31%7.27%
100k To 14999923.21%19.24%
150k To 19999914.88%14.67%
200k To 29999911.31%18.09%
300k To 3999992.98%9.14%
400k To 4999991.19%4.94%
500k To 7499990.60%5.42%
750k To 9999990.00%2.03%
1kk Or More0.60%1.77%
Educationeau-claire, miUS
School Expend$5,409$5,678
Pupil Teacher Ratio15.614.9
Students Per Librarian858803
Students Per Counselor858513
2 Yr College Grad8.25%7.47%
4 Yr College Grad10.38%17.42%
Graduate Degrees4.25%10.12%
High School Grads79.48%84.72%
Crimeeau-claire, miUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builteau-claire, miUS
1999 To 20053.81%13.71%
1995 To 19987.84%8.54%
1990 To 19949.11%5.77%
1980 To 198913.56%13.87%
1970 To 197915.25%16.17%
1960 To 196910.59%11.70%
1950 To 19598.47%11.08%
1940 To 19496.36%6.02%
1939 Or Earlier25.00%13.15%

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