To my knowledge, there isn't a way for buyers searching the internet (Realtor.com, Homegain, the local MLS feed) to enter search criteria for bank owned homes (foreclosures) only.



In Macomb County MI there are 2 Multilist data sources:  Mirealsource™ and Realcomp™.  Some real estate agents belong to one.  I pay dues and belong to both.

If you are looking for foreclosure homes only (bank owned homes) in Macomb County and want to weed out the private sales, short sales and homes for renting you will have to ask the buyers agent you chose to sort through the list for you.  This list can then be emailed to you, faxed to you, or hand delivered. 

As of this morning there are 7293 homes listed for sale or lease in the Mirealsource™ database.  Of those homes, 1055 are tagged with "Bank owned" or "Government owned" designations. 

If you want to narrow things down further by school district or price range or city then your agent can also do that for you and provide you with a list.

An example:   There are currently 5 homes for sale in Chesterfield Township MI, within the Lanse Cruese school district with a price range between $100,000 and $120,000 that are bank or government owned.

                      View the homes in Chesterfield Township used in the example

Searching for homes on the Internet can be frustrating for home buyers who are trying to narrow down their search by details of either the ownership or the features of a home.  Your buyers agent can be a tremendous help in this effort and also save you time and precious gas money.  (How many of you drive from address to address to look at the outside of the homes first?)

Pick up the phone and call your agent, or compose an email detailing how you would like your search conducted.  That's what we're here for.  It's what we enjoy.  It's also part of our duty to you the homebuyer.

©Kris Wales RE/MAX Advantage 1, Inc.  A Macomb County MI real estate agent


Want to read more about Macomb County MI? 

Articles by Kris Wales about buyers agency in Michigan.

Homes in the search example are courtesy of Mirealsource™ via brokers recipricocity and Mirealsource™ participating agents and brokers.