Hopkins FORECLOSURE LISTINGS

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

Total: 2
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
24 Photos
136TH AVE Hopkins MI 49328 Foreclosures 3 2 $90,677.00 Details
2
2 Photos
22ND ST Hopkins MI 49328 Foreclosures 3 1 - Details
About our Listings

How to Buy Hopkins Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Hopkins Foreclosures

How to invest foreclosure

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

Foreclosure home

Foreclosures happen on all kinds of real estate, so a list of foreclosed homes in Hopkins 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 Hopkins, MI. There are even chances to buy land, farms, and ranches, sites for mobile homes, and Hopkins apartments for sale at great discounts ll over the city. Whether you're looking for commercial or residential property, the possibilities are endless.

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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.

Hopkins Banks Foreclosures

Bank Foreclosure

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

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Hopkins Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Hopkins Pre-Foreclosures

Foreclosure

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

Hopkins Foreclosure Auctions

Foreclosure Auction

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

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Top Zip Codes in Hopkins, Michigan

Find Home Foreclosure Listings in Hopkins, MI

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

Our Hopkins Foreclosure Lists

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

You can also search Dorr foreclosure listings and Shelbyville foreclosure listings for more properties in the neighboring area.



Hopkins, MI

As of 2011, Hopkins's population is 694 people. Since 2000, it has had a population growth of 17. 23 percent. The median home cost in Hopkins is $138,400. Home appreciation the last year has been -3. 96 percent. Compared to the rest of the country, Hopkins's cost of living is 9. 00% Lower than the U. S. average. Hopkins public schools spend $4,455 per student. The average school expenditure in the U. S. is $5,678. There are about 21. 2 students per teacher in Hopkins. The unemployment rate in Hopkins is 10. 60 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Hopkins jobs have Decreased by 2. 05 percent. Average Commute time is 28 minutes. The National Average is 28 minutes.

Peoplehopkins, miUS
Population694307,829,557
Pop Density1,32887
Pop Change17.23%9.34%
Median Age33.236.6
Households237116,329,167
Household Size2.862.58
Male Population51.08%49.31%
Female Population48.92%50.69%
Married Population51.50%47.15%
Single Population48.50%52.85%
Estimated Households By Household Incomehopkins, miUS
Income Less Than 15k13.50%12.10%
Income Between 15k And 25k8.44%10.18%
Income Between 25k And 35k9.28%10.56%
Income Between 35k And 50k18.57%14.98%
Income Between 50k And 75k21.10%19.53%
Income Between 75k And 100k14.35%12.52%
Income Between 100k And 150k10.97%12.14%
Income Between 150k And 250k2.11%3.91%
Income Between 250k And 500k1.69%3.34%
Income Greater Than 500k0.00%0.75%
Economyhopkins, miUS
Unemployment Rate10.60%9.10%
Recent Job Growth-2.05%-0.12%
Future Job Growth25.30%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$21,270$27,067
Household Income$50,027$52,954
Housinghopkins, miUS
Median Home Age36.935.1
Median Home Cost$138,400$175,100
Home Appreciation-3.96%-3.15%
Homes Owned78.31%59.90%
Housing Vacant4.82%10.37%
Homes Rented16.87%29.73%
Property Tax Rate$11.77$11.20
Owner Occupied Housing Units By Valuehopkins, miUS
Less Than 20k6.15%2.65%
20k To 399990.51%3.76%
40k To 599992.05%4.99%
60k To 799999.74%6.01%
80k To 999998.72%7.27%
100k To 14999940.51%19.24%
150k To 19999916.92%14.67%
200k To 29999910.77%18.09%
300k To 3999992.05%9.14%
400k To 4999992.05%4.94%
500k To 7499990.00%5.42%
750k To 9999990.51%2.03%
1kk Or More0.00%1.77%
Educationhopkins, miUS
School Expend$4,455$5,678
Pupil Teacher Ratio21.214.9
Students Per Librarian1684803
Students Per Counselor842513
2 Yr College Grad7.08%7.47%
4 Yr College Grad11.79%17.42%
Graduate Degrees2.36%10.12%
High School Grads87.03%84.72%
Crimehopkins, miUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builthopkins, miUS
1999 To 200520.48%13.71%
1995 To 19988.08%8.54%
1990 To 19945.17%5.77%
1980 To 19899.24%13.87%
1970 To 197910.44%16.17%
1960 To 19694.82%11.70%
1950 To 19596.02%11.08%
1940 To 19493.61%6.02%
1939 Or Earlier32.13%13.15%

Table Information