Dowagiac FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Dowagiac, MI

Dowagiac Home Foreclosure Listing ID: 1980984

Foreclosure

Dowagiac, MI - 49047

3 Bd | 2 Ba | $13,000.00

Dowagiac Home Foreclosure Listing ID: 1936856

Foreclosure

Dowagiac, MI - 49047

4 Bd | 1 Ba | $16,650.00

Dowagiac Home Foreclosure Listing ID: 1972025

Foreclosure

Dowagiac, MI - 49047

2 Bd | 1 Ba | $19,900.00

Dowagiac Home Foreclosure Listing ID: 2055204

Foreclosure

Dowagiac, MI - 49047

2 Bd | 1 Ba | $20,000.00

Dowagiac Home Foreclosure Listing ID: 1981008

Foreclosure

Dowagiac, MI - 49047

3 Bd | 1 Ba | $61,500.00

Total: 18
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
24 Photos
COUNTY ROAD 690 Dowagiac MI 49047 Foreclosures 10 10 $99,900.00 Details
2
1 Photo
LYLE DR Dowagiac MI 49047 Foreclosures 3 4 $99,900.00 Details
3
1 Photo
ELIZABETH ST Dowagiac MI 49047 Foreclosures 2 1 $20,000.00 Details
4
12 Photos
E WAYNE ST Dowagiac MI 49047 Foreclosures 2 1 $19,900.00 Details
5
9 Photos
ATWOOD RD Dowagiac MI 49047 Foreclosures 3 2 $89,900.00 Details
6
4 Photos
E WAYNE ST Dowagiac MI 49047 Foreclosures 4 1 $16,650.00 Details
7
9 Photos
1/2 N FRONT ST Dowagiac MI 49047 Foreclosures 3 2 $13,000.00 Details
8
5 Photos
M 51 S Dowagiac MI 49047 Foreclosures 3 1 $61,500.00 Details
9
2 Photos
COUNTY ROAD 690 Dowagiac MI 49047 Foreclosures - - $25,000.00 Details
10
1 Photo
M 152 Dowagiac MI 49047 Foreclosures - - $34,900.00 Details
11
3 Photos
HILL ST UNIT 1 Dowagiac MI 49047 Foreclosures 3 1 - Details
12
1 Photo
WEST ST Dowagiac MI 49047 Foreclosures - - - Details
13
2 Photos
M 152 Dowagiac MI 49047 Foreclosures 3 1 $64,900.00 Details
14
1 Photo
95TH AVE Dowagiac MI 49047 Foreclosures 4 1.5 $64,900.00 Details
15
8 Photos
MAIN ST Dowagiac MI 49047 Foreclosures 3 1.5 $33,000.00 Details
16
1 Photo
W HIGH ST Dowagiac MI 49047 Foreclosures 3 1 $12,900.00 Details
17 -
0 Photo
CHESTNUT ST Dowagiac MI 49047 Foreclosures 3 2 $127,900.00 Details
18 -
0 Photo
MCKENZIE ST Dowagiac MI 49047 Foreclosures - - $37,900.00 Details
About our Listings

How to Buy Dowagiac Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Dowagiac Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Dowagiac Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Dowagiac Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Dowagiac Pre-Foreclosures

Foreclosure

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

Dowagiac Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Dowagiac, Michigan

Find Home Foreclosure Listings in Dowagiac, MI

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

Our Dowagiac Foreclosure Lists

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

You can also search Cassopolis foreclosure listings and Marcellus foreclosure listings for more properties in the neighboring area.



Dowagiac, MI

As of 2011, Dowagiac's population is 5,736 people. Since 2000, it has had a population growth of -6. 66 percent. The median home cost in Dowagiac is $75,800. Home appreciation the last year has been -2. 02 percent. Compared to the rest of the country, Dowagiac's cost of living is 20. 30% Lower than the U. S. average. Dowagiac public schools spend $4,911 per student. The average school expenditure in the U. S. is $5,678. There are about 19. 8 students per teacher in Dowagiac. The unemployment rate in Dowagiac is 9. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. Dowagiac jobs have Increased by 0. 17 percent. Average Commute time is 20 minutes. The National Average is 28 minutes.

Peopledowagiac, miUS
Population5,736307,829,557
Pop Density1,45787
Pop Change-6.66%9.34%
Median Age35.136.6
Households2,313116,329,167
Household Size2.382.58
Male Population48.39%49.31%
Female Population51.61%50.69%
Married Population42.21%47.15%
Single Population57.79%52.85%
Estimated Households By Household Incomedowagiac, miUS
Income Less Than 15k21.43%12.10%
Income Between 15k And 25k15.51%10.18%
Income Between 25k And 35k16.41%10.56%
Income Between 35k And 50k15.55%14.98%
Income Between 50k And 75k18.23%19.53%
Income Between 75k And 100k6.09%12.52%
Income Between 100k And 150k4.67%12.14%
Income Between 150k And 250k0.65%3.91%
Income Between 250k And 500k1.12%3.34%
Income Greater Than 500k0.35%0.75%
Economydowagiac, miUS
Unemployment Rate9.70%9.10%
Recent Job Growth0.17%-0.12%
Future Job Growth30.64%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$18,479$27,067
Household Income$32,910$52,954
Housingdowagiac, miUS
Median Home Age6035.1
Median Home Cost$75,800$175,100
Home Appreciation-2.02%-3.15%
Homes Owned54.94%59.90%
Housing Vacant9.53%10.37%
Homes Rented35.52%29.73%
Property Tax Rate$9.69$11.20
Owner Occupied Housing Units By Valuedowagiac, miUS
Less Than 20k1.71%2.65%
20k To 399999.82%3.76%
40k To 5999917.57%4.99%
60k To 7999924.47%6.01%
80k To 9999918.28%7.27%
100k To 14999918.85%19.24%
150k To 1999994.41%14.67%
200k To 2999992.77%18.09%
300k To 3999990.07%9.14%
400k To 4999990.07%4.94%
500k To 7499991.00%5.42%
750k To 9999990.00%2.03%
1kk Or More1.00%1.77%
Educationdowagiac, miUS
School Expend$4,911$5,678
Pupil Teacher Ratio19.814.9
Students Per Librarian333803
Students Per Counselor444513
2 Yr College Grad8.23%7.47%
4 Yr College Grad11.52%17.42%
Graduate Degrees4.06%10.12%
High School Grads81.69%84.72%
Crimedowagiac, miUS
Violent Crime74
Property Crime64
Housing Units By Year Structure Builtdowagiac, miUS
1999 To 20054.26%13.71%
1995 To 19982.19%8.54%
1990 To 19942.81%5.77%
1980 To 19897.54%13.87%
1970 To 197914.07%16.17%
1960 To 19697.78%11.70%
1950 To 195911.18%11.08%
1940 To 194912.66%6.02%
1939 Or Earlier37.51%13.15%

Table Information