Wayne FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Wayne, MI

Wayne Home Foreclosure Listing ID: 1988666

Foreclosure

Wayne, MI - 48184

3 Bd | 1 Ba | $18,900.00

Wayne Home Foreclosure Listing ID: 2167552

Foreclosure

Wayne, MI - 48184

3 Bd | 1 Ba | $36,400.00

Wayne Home Foreclosure Listing ID: 2155157

Foreclosure

Wayne, MI - 48184

3 Bd | 1 Ba | $37,900.00

Wayne Home Foreclosure Listing ID: 1899086

Foreclosure

Wayne, MI - 48184

3 Bd | 2 Ba | $44,900.00

Wayne Home Foreclosure Listing ID: 2129584

Foreclosure

Wayne, MI - 48184

3 Bd | 1 Ba | $63,000.00

Total: 22
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
10 Photos
EVANS ST Wayne MI 48184 Foreclosures 3 1 $63,000.00 Details
2
8 Photos
4TH ST Wayne MI 48184 Foreclosures 3 1 $18,900.00 Details
3
7 Photos
NYMAN AVE Wayne MI 48184 Foreclosures 3 2 $44,900.00 Details
4
13 Photos
STELLWAGEN ST Wayne MI 48184 Foreclosures 2 1 $27,100.00 Details
5
10 Photos
RICHARD ST Wayne MI 48184 Foreclosures 3 1 $26,900.00 Details
6
6 Photos
MOORE ST Wayne MI 48184 Foreclosures 3 1 $37,900.00 Details
7
8 Photos
NIAGARA ST Wayne MI 48184 Foreclosures 3 1 $36,400.00 Details
8
10 Photos
ELIZABETH ST Wayne MI 48184 Foreclosures 3 1 $54,000.00 Details
9
1 Photo
ELIZABETH ST Wayne MI 48184 Foreclosures 4 2 $72,900.00 Details
10
11 Photos
THINBARK ST Wayne MI 48184 Auctions 6 4 - Details
11
2 Photos
CURRIER ST Wayne MI 48184 Foreclosures - 1 - Details
12
11 Photos
ADAMS CIR Wayne MI 48184 Foreclosures 3 1 $38,000.00 Details
13 -
0 Photo
MEADOWLAWN ST Wayne MI 48184 Foreclosures 4 3.5 $50,900.00 Details
14
33 Photos
BRUSH ST Wayne MI 48184 Foreclosures 4 1 $32,000.00 Details
15 -
0 Photo
TAYLOR ST Wayne MI 48184 Foreclosures 3 1 $44,600.00 Details
16
22 Photos
FLETCHER ST Wayne MI 48184 Foreclosures 3 1 $35,000.00 Details
17
1 Photo
NIAGARA ST Wayne MI 48184 Foreclosures 3 2 $37,500.00 Details
18
22 Photos
BARRY ST Wayne MI 48184 Foreclosures 4 2 $16,000.00 Details
19
15 Photos
COLUMBUS ST Wayne MI 48184 Foreclosures 2 1 $24,000.00 Details
20
1 Photo
RICHARD ST Wayne MI 48184 Foreclosures 3 1 $14,900.00 Details
About our Listings

How to Buy Wayne Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Wayne Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Wayne Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Wayne Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Wayne Pre-Foreclosures

Foreclosure

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

Wayne Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Wayne, Michigan

Find Home Foreclosure Listings in Wayne, MI

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

Our Wayne Foreclosure Lists

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

You can also search Trenton foreclosure listings and Westland foreclosure listings for more properties in the neighboring area.



Wayne, MI

As of 2011, Wayne's population is 16,549 people. Since 2000, it has had a population growth of -13. 14 percent. The median home cost in Wayne is $113,000. Home appreciation the last year has been -3. 51 percent. Compared to the rest of the country, Wayne's cost of living is 12. 80% Lower than the U. S. average. Wayne public schools spend $5,506 per student. The average school expenditure in the U. S. is $5,678. There are about 21 students per teacher in Wayne. The unemployment rate in Wayne is 12. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Wayne jobs have Decreased by 2. 89 percent. Average Commute time is 24 minutes. The National Average is 28 minutes.

Peoplewayne, miUS
Population16,549307,829,557
Pop Density2,86487
Pop Change-13.14%9.34%
Median Age38.236.6
Households6,371116,329,167
Household Size2.562.58
Male Population48.20%49.31%
Female Population51.80%50.69%
Married Population40.67%47.15%
Single Population59.33%52.85%
Estimated Households By Household Incomewayne, miUS
Income Less Than 15k13.48%12.10%
Income Between 15k And 25k9.25%10.18%
Income Between 25k And 35k11.79%10.56%
Income Between 35k And 50k14.96%14.98%
Income Between 50k And 75k21.84%19.53%
Income Between 75k And 100k14.68%12.52%
Income Between 100k And 150k10.80%12.14%
Income Between 150k And 250k2.30%3.91%
Income Between 250k And 500k0.85%3.34%
Income Greater Than 500k0.05%0.75%
Economywayne, miUS
Unemployment Rate12.70%9.10%
Recent Job Growth-2.89%-0.12%
Future Job Growth21.52%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$23,036$27,067
Household Income$50,647$52,954
Housingwayne, miUS
Median Home Age53.535.1
Median Home Cost$113,000$175,100
Home Appreciation-3.51%-3.15%
Homes Owned61.60%59.90%
Housing Vacant6.42%10.37%
Homes Rented31.99%29.73%
Property Tax Rate$15.50$11.20
Owner Occupied Housing Units By Valuewayne, miUS
Less Than 20k0.36%2.65%
20k To 399991.89%3.76%
40k To 599994.12%4.99%
60k To 7999911.28%6.01%
80k To 9999928.19%7.27%
100k To 14999941.41%19.24%
150k To 1999998.86%14.67%
200k To 2999993.43%18.09%
300k To 3999990.46%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%
Educationwayne, miUS
School Expend$5,506$5,678
Pupil Teacher Ratio2114.9
Students Per Librarian1058803
Students Per Counselor554513
2 Yr College Grad5.23%7.47%
4 Yr College Grad9.10%17.42%
Graduate Degrees4.90%10.12%
High School Grads83.94%84.72%
Crimewayne, miUS
Violent Crime74
Property Crime54
Housing Units By Year Structure Builtwayne, miUS
1999 To 20051.05%13.71%
1995 To 19981.73%8.54%
1990 To 19943.11%5.77%
1980 To 19894.51%13.87%
1970 To 197915.26%16.17%
1960 To 196914.22%11.70%
1950 To 195927.94%11.08%
1940 To 194919.80%6.02%
1939 Or Earlier12.38%13.15%

Table Information