Byron FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
20 Photos
DUFFIELD RD Byron MI 48418 Foreclosures 3 2 $112,500.00 Details
2
8 Photos
LOVEJOY RD Byron MI 48418 Foreclosures 3 2 $44,500.00 Details
About our Listings

How to Buy Byron Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Byron Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Byron Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Byron Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Byron Pre-Foreclosures

Foreclosure

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

Byron Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Byron, Michigan

Find Home Foreclosure Listings in Byron, MI

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

Our Byron Foreclosure Lists

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

You can also search Bancroft foreclosure listings and Durand foreclosure listings for more properties in the neighboring area.



Byron, MI

As of 2011, Byron's population is 510 people. Since 2000, it has had a population growth of -14. 29 percent. The median home cost in Byron is $146,800. Home appreciation the last year has been -4. 04 percent. Compared to the rest of the country, Byron's cost of living is 8. 00% Lower than the U. S. average. Byron public schools spend $4,793 per student. The average school expenditure in the U. S. is $5,678. There are about 18. 6 students per teacher in Byron. The unemployment rate in Byron is 11. 70 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Byron jobs have Decreased by 1. 74 percent. Average Commute time is 39 minutes. The National Average is 28 minutes.

Peoplebyron, miUS
Population510307,829,557
Pop Density82587
Pop Change-14.29%9.34%
Median Age38.136.6
Households184116,329,167
Household Size2.772.58
Male Population48.92%49.31%
Female Population51.08%50.69%
Married Population57.97%47.15%
Single Population42.03%52.85%
Estimated Households By Household Incomebyron, miUS
Income Less Than 15k4.89%12.10%
Income Between 15k And 25k9.24%10.18%
Income Between 25k And 35k13.59%10.56%
Income Between 35k And 50k21.74%14.98%
Income Between 50k And 75k26.09%19.53%
Income Between 75k And 100k12.50%12.52%
Income Between 100k And 150k9.79%12.14%
Income Between 150k And 250k1.63%3.91%
Income Between 250k And 500k0.54%3.34%
Income Greater Than 500k0.00%0.75%
Economybyron, miUS
Unemployment Rate11.70%9.10%
Recent Job Growth-1.74%-0.12%
Future Job Growth24.82%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$21,007$27,067
Household Income$50,681$52,954
Housingbyron, miUS
Median Home Age36.235.1
Median Home Cost$146,800$175,100
Home Appreciation-4.04%-3.15%
Homes Owned84.29%59.90%
Housing Vacant3.66%10.37%
Homes Rented12.04%29.73%
Property Tax Rate$11.64$11.20
Owner Occupied Housing Units By Valuebyron, miUS
Less Than 20k0.00%2.65%
20k To 399991.24%3.76%
40k To 599992.48%4.99%
60k To 799994.35%6.01%
80k To 9999911.80%7.27%
100k To 14999939.75%19.24%
150k To 19999921.12%14.67%
200k To 29999917.39%18.09%
300k To 3999991.86%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%
Educationbyron, miUS
School Expend$4,793$5,678
Pupil Teacher Ratio18.614.9
Students Per Librarian670803
Students Per Counselor1340513
2 Yr College Grad10.29%7.47%
4 Yr College Grad5.88%17.42%
Graduate Degrees4.11%10.12%
High School Grads89.40%84.72%
Crimebyron, miUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtbyron, miUS
1999 To 20059.95%13.71%
1995 To 19988.55%8.54%
1990 To 19948.20%5.77%
1980 To 19898.38%13.87%
1970 To 197924.08%16.17%
1960 To 19699.42%11.70%
1950 To 19595.76%11.08%
1940 To 19493.14%6.02%
1939 Or Earlier22.51%13.15%

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