Leonard FORECLOSURE LISTINGS

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

Featured Foreclosure Listings in Leonard, MI

Leonard Home Foreclosure Listing ID: 2156010

Foreclosure

Leonard, MI - 48367

3 Bd | 2 Ba | $89,900.00

Leonard Home Foreclosure Listing ID: 2149445

Foreclosure

Leonard, MI - 48367

3 Bd | 2.1 Ba | $110,000.00

Leonard Home Foreclosure Listing ID: 1810163

Foreclosure

Leonard, MI - 48367

3 Bd | 2 Ba | $212,500.00

Leonard Home Foreclosure Listing ID: 2107158

Foreclosure

Leonard, MI - 48367

4 Bd | 3 Ba | $258,000.00

Leonard Home Foreclosure Listing ID: 2155633

Foreclosure

Leonard, MI - 48367

3 Bd | 3.5 Ba | $509,900.00

Total: 7
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
17 Photos
SECORD LAKE RD Leonard MI 48367 Foreclosures 3 3.5 $509,900.00 Details
2
1 Photo
LAKE GEORGE RD Leonard MI 48367 Foreclosures 3 2 $212,500.00 Details
3
14 Photos
HAGERMAN RD Leonard MI 48367 Foreclosures 3 2 $89,900.00 Details
4
7 Photos
LENA HILL DR Leonard MI 48367 Foreclosures 4 3 $258,000.00 Details
5
26 Photos
GLEN VALLEY DR Leonard MI 48367 Foreclosures 3 2.1 $110,000.00 Details
6
17 Photos
ROCHESTER RD Leonard MI 48367 Foreclosures 2 2 $122,500.00 Details
7 -
0 Photo
E. Leonard Rd. Leonard MI 48367 Foreclosures - - $59,900.00 Details
About our Listings

How to Buy Leonard Foreclosures

How to buy foreclosures

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

>> See more info about how to Buy foreclosures

How to Invest in Leonard Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Leonard Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

Leonard Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

Leonard Pre-Foreclosures

Foreclosure

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

Leonard Foreclosure Auctions

Foreclosure Auction

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

>> See more info about foreclosure auctions

Top Zip Codes in Leonard, Michigan

Find Home Foreclosure Listings in Leonard, MI

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

Our Leonard Foreclosure Lists

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

You can also search Lake Orion foreclosure listings and Oxford foreclosure listings for more properties in the neighboring area.



Leonard, MI

As of 2011, Leonard's population is 255 people. Since 2000, it has had a population growth of -23. 19 percent. The median home cost in Leonard is $253,900. Home appreciation the last year has been -3. 88 percent. Compared to the rest of the country, Leonard's cost of living is 9. 90% Higher than the U. S. average. Leonard public schools spend $6,028 per student. The average school expenditure in the U. S. is $5,678. There are about 28. 8 students per teacher in Leonard. The unemployment rate in Leonard is 10. 20 percent(U. S. avg. is 9. 10%). Recent job growth is Negative. Leonard jobs have Decreased by 1. 99 percent. Average Commute time is 43 minutes. The National Average is 28 minutes.

Peopleleonard, miUS
Population255307,829,557
Pop Density36287
Pop Change-23.19%9.34%
Median Age39.836.6
Households86116,329,167
Household Size2.962.58
Male Population50.00%49.31%
Female Population50.00%50.69%
Married Population63.86%47.15%
Single Population36.14%52.85%
Estimated Households By Household Incomeleonard, miUS
Income Less Than 15k4.65%12.10%
Income Between 15k And 25k4.65%10.18%
Income Between 25k And 35k11.63%10.56%
Income Between 35k And 50k12.79%14.98%
Income Between 50k And 75k15.12%19.53%
Income Between 75k And 100k18.60%12.52%
Income Between 100k And 150k18.61%12.14%
Income Between 150k And 250k5.81%3.91%
Income Between 250k And 500k6.98%3.34%
Income Greater Than 500k1.16%0.75%
Economyleonard, miUS
Unemployment Rate10.20%9.10%
Recent Job Growth-1.99%-0.12%
Future Job Growth25.82%31.25%
Sales Taxes6.00%6.80%
Income Taxes4.35%6.25%
Income Per Cap$32,931$27,067
Household Income$76,271$52,954
Housingleonard, miUS
Median Home Age33.235.1
Median Home Cost$253,900$175,100
Home Appreciation-3.88%-3.15%
Homes Owned91.01%59.90%
Housing Vacant3.37%10.37%
Homes Rented5.62%29.73%
Property Tax Rate$13.73$11.20
Owner Occupied Housing Units By Valueleonard, miUS
Less Than 20k0.00%2.65%
20k To 399990.00%3.76%
40k To 599990.00%4.99%
60k To 799992.47%6.01%
80k To 999993.70%7.27%
100k To 14999912.35%19.24%
150k To 19999914.81%14.67%
200k To 29999928.40%18.09%
300k To 39999920.99%9.14%
400k To 49999911.11%4.94%
500k To 7499993.70%5.42%
750k To 9999991.23%2.03%
1kk Or More1.23%1.77%
Educationleonard, miUS
School Expend$6,028$5,678
Pupil Teacher Ratio28.814.9
Students Per Librarian575803
Students Per Counselor559513
2 Yr College Grad8.07%7.47%
4 Yr College Grad16.77%17.42%
Graduate Degrees13.66%10.12%
High School Grads90.67%84.72%
Crimeleonard, miUS
Violent Crime24
Property Crime24
Housing Units By Year Structure Builtleonard, miUS
1999 To 200511.24%13.71%
1995 To 19989.50%8.54%
1990 To 19949.60%5.77%
1980 To 198913.48%13.87%
1970 To 197919.10%16.17%
1960 To 196911.24%11.70%
1950 To 19593.37%11.08%
1940 To 19497.87%6.02%
1939 Or Earlier14.61%13.15%

Table Information