If you are looking for homes in Royal Oak that are in foreclosure, Royal Oak short sales or a Royal Oak loft or condo, you are in luck my friend. Royal Oak & Metro Detroit homes are more affordable than ever right now, and with interest rates at record lows…it’s unbeatable! With the influx of bank owned foreclosures and short sales currently being offered for sale, you are sure to find the home of your dreams (and possibly at a bargain price). The key to getting your house is knowing what you want and taking action when you find it because the really awesome deals in Royal Oak, MI get listed and sold in a matter of hours. There are literally hundreds of foreclosed homes in Royal Oak, Berkley, Ferndale & even Birmingham Foreclosures. These homes are Bank, HUD and Gov’t owned homes that are ready to buy. Some of these foreclosures have special financing but each property varies.
Buy Low – Sell High
I can say with great ease that the prices here in the Metro Detroit and Royal Oak real estate market are not going to stick around much longer. The bank foreclosures and REO agents have been getting very competitive with pricing their homes. Current values are in line with home prices from the 1980′s when our economy took another nose dive. Just remember, it came back then and will come back this time too. Many investors are doubling down so to speak on the number of properties they own and with no doubt, you should too. There are few better long term investments than a house and what better time to take advantage of the Royal Oak MI real estate market than right now.
Find Your New Home
You can get started searching for property right here on this site. Whether you’re looking for a Ferndale rental property; a Bloomfield Hills luxury home; a Birmingham Foreclosure, or even a Downtown Detroit high rise condo, I can help you find it.
Good News For Owner Occupant Buyers!
All Fannie Mae assets now have a 15 day owner occupant only, offer period. That means that you owner occupants get a full 15 days to make an offer before they will even look at an investor offer. Additionally, on many of their homes, Fannie Mae is offering special Homepath financing with as little as 3% down.
Michigan Lakefront Property & Lakeshore Homes
If you’ve been looking for a lakefront home but couldn’t afford it in the past, right now is the time to act. Lakefront property prices have halved from what they were just 3 years ago. Maybe you want to hang out with Bob Seger on Upper Straits Lake or maybe you want a private lakefront lot in Oakland Township to build the home of your dreams. Whatever it is you are looking for, I can help you find. Michigan is the Great Lakes State and for good reason, IN FACT, Michigan has some 11,000 lakes for you to choose from. If you’ve ever done some exploring here, you can probably still envision the miles of sand dunes on Lake Michigan, the iron rich stone bluffs on Lake Superior or some of the 115 lighthouses Michigan offers. Many of our memories involve enjoying the Lakes around us and maybe you would like to enjoy them a little more.
Bank Owned Luxury Home Foreclosures
I am often asked to find Birmingham or Bloomfield Hills luxury homes on the cheap. The reason so many people have such a hard time finding these deals is quite simply that comparatively speaking, very few exist. This type of foreclosure is rare in that most of the people purchasing a luxury home or mansion had significant down payment when they made the purchase. That’s not to say that they don’t exist however as I have listed and sold bank owned luxury homes in Oakland Township, Grosse Pointe, Birmingham, Bloomfield and everywhere in between. These luxury bank owned houses range from a typical 4000 sq ft. custom to a 12,000 sq ft. mansion. If you’re looking for your foreclosed luxury home in the Metro Detroit area, you’ve come to the right place. You can start your search and even save it right here on this site.
