3 Beds   1 Bath   1,021 Sq. Ft.   Single-Family

445 Frazier St, River Rouge, MI 48218


This Single-Family Foreclosure is located at Frazier St, River Rouge, MI 48218. It has 3 Beds, 1 Bath , 1,021 sqft of living space. This property is currently bank owned.
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Status: Inactive
Listing ID: 30005252

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Property Information

  • Price: $5,800
  • Bedrooms: 3
  • Bathrooms: 1
  • Full Baths: 1
  • Living Area Size: 1,021
  • Basement: Yes
  • Lot Size: 40110
  • Heating Type: Forced Air
  • Flooring: Vinyl, Wood
  • Year Built: 1943
  • School District: River_rouge
  • Junior High School: River Rouge
  • Senior High School: River Rouge
  • Property Type: Single Family Dwelling
  • MLS Number: 3107077
  • Source Status: Not in Batch

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Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:


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Frazier St
River Rouge, MI 48218

3 Beds   1 Bath   1,021 sq. ft.   Single-Family


Status: Inactive Listing ID: 30005252

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