foreclosure Bank Owned
$49,664 (Market Value)

Terry Street, Detroit MI 48227

Home Facts
Photo 1
Map & Nearby
Sales Trends
Schools
Terry Street, Detroit MI
Market Value:
$49,664
(What's this?)
Bedrooms:3
Bathrooms:2
Property type:Single-Family Home
Size:1,836 sqft
Year built:1922
Added on site:92 days ago
Total views:5 (as of 5/22/12)
Zip:48227
Provided by:
Are you the owner?
If so, claim this home and add facts. With more facts, we can provide better price estimates.
More details at RealtyTrac
Share
See credit score
Get Prequalified
More
Registration with RealtyTrac is required to view full details.
Description provided by Realty Trac
Bank Repossessed. This property has completed the foreclosure process and is now owned by the foreclosing lender, which took title to the property for an estimated consideration (loan balance plus other fees and costs). Foreclosing lenders are often motivated to sell bank-owned properties (also known as REO, or Real Estate Owned) quickly because they are non-performing assets. Please register for a free trial with RealtyTrac to access complete information for this property, including full address, foreclosure details, lender information, and more.  View our Foreclosure Guides

Want more information? Register with RealtyTrac and get access to:

  • Full address and foreclosing loan information
  • Detailed histories of notices, loans, and sales
  • Contact information for owners, trustees, and lenders
More details at RealtyTrac »
Registration with RealtyTrac is required to view full details.

Foreclosure Types

Pre-Foreclosure
Auction
Bank Owned
 

Bank Owned (REO):

A property becomes a full-fledged foreclosure — sometimes referred to as a Real Estate Owned (REO) property — when it is repossessed by the foreclosing lender. The lender can take possession either through a deed-in-lieu-of foreclosure agreement with the owner during the pre-foreclosure period or through a winning bid at the public foreclosure auction. Foreclosing lenders are often motivated to sell these properties quickly because they are non-performing assets for their bottom line. Of the three stages of foreclosure, REOs are most likely to also be listed for sale with a real estate agent on the MLS, but not all REOs are listed yet — meaning buyers may have to contact the lender or servicer directly to make an offer. Read more about Bank Owned Foreclosures »

Foreclosure Guides

Checklist to buy bank-owned properties

If the lender takes ownership of the property, either through an agreement with the owner during pre-foreclosure or at the public auction, the lender will usually want to re-sell the property to recover the unpaid loan amount. If you're a real estate investor...

By RealtyTrac | 104 Comments

Beware of Hidden Costs

Liens not cleared by the auction are the buyer's responsibility. If you buy a property at a foreclosure auction, you may end up forking out more than just the winning bid amount to own the property free and clear. That's because some debts attached to the...

By RealtyTrac | 13 Comments

Buying homes in pre-foreclosure

Pre-foreclosure is a crucial time in the foreclosure process. It is during this period that investors can typically make the largest profits and can negotiate a deal that may be favorable for all parties involved including the buyer, homeowner, and lender....

By RealtyTrac | 27 Comments

View all foreclosure guides »

Contact Info for Terry St

Agent:
Not available
Listing website

Location Information near Terry St

Property
Estimates
Schools
Amenities
Transit
$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm
Type GreatSchools Rating Distance
Schools in Detroit Public School District
Nearby Schools
No public schools where found for this property and grade level.
Burns Elementary School View Homes Public 1 0.4 mi
Dossin Elementary School View Homes Public 1 1.1 mi
Coleman A Young Elementary School View Homes Public 1 1.3 mi
Oakman Elementary School View Homes Public 1 1.3 mi
J R King Elementary School View Homes Public - 1.4 mi
Burns Elementary School View Homes Public 1 0.4 mi
Dossin Elementary School View Homes Public 1 1.1 mi
J R King Elementary School View Homes Public - 1.4 mi
Flagship Charter School View Homes Public - 1.8 mi
Foreign Language Immersion School View Homes Public 6 2.3 mi
Communication and Media Arts High School View Homes Public 3 1.1 mi
Breit Haupt Career and Technical Center View Homes Public - 1.8 mi
Randolph Career and Technical Center View Homes Public - 2.0 mi
Renaissance High School View Homes Public 10 2.2 mi
Cody - Academy Public Leadership View Homes Public 1 2.4 mi
Private Schools
No private schools where found for this property and grade level.
Children's Village Intl Center View Homes Private - 1.3 mi
Grandmont Rosedale Park School View Homes Private - 1.7 mi
Temple Of Faith Baptist School View Homes Private - 1.7 mi
Muhammad University Of Islam View Homes Private - 1.8 mi
Cornerstone Charter Lincoln King View Homes Private - 1.9 mi
Cornerstone Charter Lincoln King View Homes Private - 1.9 mi
St John Lutheran School View Homes Private - 2.4 mi
Gesu Elementary School View Homes Catholic - 2.5 mi
St Scholastica School View Homes Catholic - 2.5 mi
Al Ihsan Academy View Homes Private - 2.5 mi
Loyola High School View Homes Catholic - 1.6 mi
Univ Detroit Jesuit High School and Academy View Homes Catholic - 3.6 mi
Westside Christian Academy View Homes Private - 4.0 mi
Yeshivah Gedola High School View Homes Private - 5.8 mi
S A A Beth Jacob School For Girls View Homes Private - 6.0 mi
indicates schools assigned to this home. School data provided by OnBoard Informatics. Boundaries provided by Maponics.
Ask About Schools

Home Estimates near Terry St

Loading data

Nearby Restaurants, Banks, and Grocery Stores

Loading data
Ask About Amenities

Loading data
« Back to results
Foreclosure Bargains
Freeland St, Detroit MI
Freeland St

$41,374

1 ba

1,203 sqft

Bank owned
Lesure St, Detroit MI
Lesure St

$14,900

3 br  /  2 ba

1,172 sqft

Bank owned
Robson St, Detroit MI
Robson St

$37,870

1 ba

1,400 sqft

Auction
Marlowe St, Detroit MI
Marlowe St

$35,028

1 ba

965 sqft

Bank owned
Whitcomb St, Detroit MI
Whitcomb St

$40,818

1 ba

1,509 sqft

Auction
View all foreclosure bargains »
Discussions in Detroit, MI
335 followers
23 recent questions
Ask Question
Recent Activity
View 23 recent questions
More local advice
You might also be interested in...
Copyright © 2012 Trulia, Inc. All rights reserved.   |   Fair Housing and Equal Opportunity