Preforeclosure Homes in Lake, MI

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View this home at S Lincoln Ave Lakeview MI 48850
Preforeclosure NEW
$185,724 EMV
View this home at Addington Ct Lake Orion MI 48360

4 Bed | 5 Bath | 3,817 Sq. Ft.

5 View this home at Cedar Key Dr Lake Orion MI 48360
$240,876 EMV

4 Bed | 1.5 Bath | 1,911 Sq. Ft.

4 View this home at Orion Ter Lake Orion MI 48362
$265,727 EMV

3 Bed | 1 Bath | 1,248 Sq. Ft.

5 View this home at Walter S Hall Dr Lake Orion MI 48362
$331,933 EMV

3 Bed | 1,827 Sq. Ft.

5 View this home at W Church St Lake Orion MI 48362
$294,297 EMV

3 Bed | 1 Bath | 1,424 Sq. Ft.

5 View this home at Crediton St Lake Orion MI 48362
$232,415 EMV

3 Bed | 1.5 Bath | 1,200 Sq. Ft.

View this home at S Lincoln Ave Lakeview MI 48850
$153,044 EMV

4 Bed | 1 Bath

5 View this home at Vernita Dr Lake Orion MI 48362
$258,622 EMV

3 Bed | 1 Bath | 1,368 Sq. Ft.

5 View this home at Orion Ter Lake Orion MI 48362
$257,375 EMV

3 Bed | 1 Bath | 1,119 Sq. Ft.

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Home Value Estimator For Lake, MI

There are currently 65 real estate properties in Lake, MI, with a median automated valuation model (AVM) price of $173,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake, MI, is $240,360.00, with the most expensive house in Lake, MI, topping out at $1,538,500.00 and the cheapest home in Lake, MI, clocking in at $17,900.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake, MI!

Rent Prices In Lake, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake, MI, is on a rollercoaster ride. The average rent price in Lake, MI, is $1,281.00. Indeed, when looking to rent in Lake, MI, you can expect to pay as little as $710.00 or as much as $1,900.00, with the average rent median estimated to be $1,310.00. The good news is that finding an affordable and desirable property to rent in Lake, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Lake, MI

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Lake, MI area at Get information on foreclosure homes for rent, how to buy foreclosures in Lake, MI and much more. Save thousands at closing with home foreclosure listings in Lake, MI — up to 75% off market value!

Top Reasons To Live In Lake, MI In 2023

All of the best foreclosed homes for sale in Lake are located in the following zip code areas on 48632. The estimated population per square kilometer (.62 miles) in Lake is 95.1.

Diversity And Demographics In Lake, Michigan

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Lake, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

Looking for family-friendly neighborhoods in and/or near Lake? Or maybe you are searching for 55+ active adult communities in and/or near Lake?

Best Schools In Lake, Michigan

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Lake with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Lake.

Pros And Cons Of Living In Lake, Michigan

How do you know that living in -- or moving to -- Lake is right where you need to be? Perhaps you grew up in Lake or already live nearby; therefore, the decision to buy a home in Lake is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Lake for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Lake:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Lake.

Reasons To Move To Lake, Michigan, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Lake can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Lake, meanwhile, can field multiple offers from more qualified buyers.

Lake, MI Preforeclosure Homes


Listing types in Lake, MI

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