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A pre-foreclosure occurs when a borrower defaults on their mortgage prior to their bank foreclosing and selling the property at auction. Another angle is to try to buy a pre-foreclosure as a short sale prior to the seller listing with a … A foreclosure is the forced repossession of property, and in certain cases, an individual will choose to avoid a short sale during the period of pre-foreclosure. Huge Kitchen With Stainless Appliances And Granite Countertops. Navigation: Home » Search By State» Michigan » Wayne » Livonia » Zip 48154 » #29362628 #29362628 Pre-foreclosure Listing $170,800 SOLD Share Foreclosed Homes in Livonia, MI 48150. Pre foreclosure homes have a lot of uncertainty behind them, and that is not something the average home buyer is looking for. The final step to buy a pre foreclosure is to actually put an offer in on the home. The upcoming foreclosure sales info, dates, times & available opening bids, updated hourly! 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View all the latest property details for homes in Livonia, to get a feel for real estate in the neighborhood and/or surrounding area(s). The most current Upset Bid information available, updated daily!. An investor can typically buy a pre-foreclosure below market value. Giving you the time to see more homes and make money! No matter what you're looking for in real estate, Livonia 48154 government foreclosures can offer you the chance to buy the home of your dreams for an incredibly low price. Start your distressed real estate investing in Livonia now. The answer is pretty simple, but be cautious. View our detailed listings of foreclosed homes in Livonia, MI 48150 and surrounding area. A pre-foreclosure home is a distressed property that the lender has not yet repossessed and sold at auction. Pre Foreclosure When a property is labeled as pre foreclosure, it means that it is in the early stages of being repossessed. Farmington Hills, MI For Sale By Owner & FSBO Pre-Foreclosure Homes. View Livonia foreclosure house photos, foreclosure home details, pre-foreclosed home outstanding loan balances & foreclosed homes on Hud Foreclosed. Pre Foreclosure vs Foreclosure: Real Estate Investment Strategy. Find HUD Homes & Housing Development Homes in Livonia, MI. Buying cheap Livonia, MI 48150 foreclosed homes is the best way to ensure you get a great deal on repo homes in the 48150 zip code. A pre-foreclosure is a property where the owners mortgage or loan note is in default. Throughout Livonia Mi 48154, there are more than 2 pre-foreclosure listings. We provide Livonia Michigan and nationwide foreclosure listings directly from the source. Bank Foreclosures Sale offers great opportunities to buy foreclosed homes in Livonia, MI up to 60% below market value!Our up-to-date Livonia foreclosure listings include different types of cheap homes for sale like: Livonia bank owned foreclosures, pre-foreclosures, foreclosure auctions and government foreclosure homes in Livonia, MI. Preforeclosures are still the best way … It states Zillow is showing a home in the neighborhood next to my primary residence (literally one tenth of a mile away) in "pre-foreclosure… Zillow is showing a home in the neighborhood next to my primary residence (literally one tenth of a mile away) in "pre-foreclosure" status. Non-judicial pre-foreclosures are a way for investors to enter into agreements with borrowers in dire financial straits by fronting some capital and working out payment plans to avert actual foreclosures. View photos on Homes.com as well as details, price history, local schools and mortgage information. Parts of the process in buying a home in pre-foreclosure will move quickly, and parts may drag on. Search for Livonia For Sale By Owner (FSBO), homes for sale & FSBO listings and foreclosed & foreclosure homes real estate in Livonia, MI. 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