South Milwaukee FORECLOSURE LISTINGS

The market is booming! Find an affordable home through our foreclosure listings in South Milwaukee, Wisconsin.

Total: 6
BD: BH: Min Price:Max Price:
# Photo Address City State Zip Type BD BH Price Details
1
20 Photos
MARSHALL AVE South Milwaukee WI 53172 Foreclosures 3 1.5 $79,900.00 Details
2
6 Photos
5TH AVE UNIT 2C South Milwaukee WI 53172 Foreclosures 3 1.5 $45,000.00 Details
3
2 Photos
9TH AVE South Milwaukee WI 53172 Foreclosures 3 1 $64,800.00 Details
4
14 Photos
5TH AVE UNIT 8C South Milwaukee WI 53172 Foreclosures 2 1.5 - Details
5
6 Photos
15TH AVE South Milwaukee WI 53172 Foreclosures 3 1 - Details
6
6 Photos
17TH AVE South Milwaukee WI 53172 Foreclosures 5 2 $56,000.00 Details
About our Listings

How to Buy South Milwaukee Foreclosures

How to buy foreclosures

Buying real estate foreclosures in South Milwaukee, WI starts with finding listings. By browsing South Milwaukee 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 South Milwaukee, WI.

>> See more info about how to Buy foreclosures

How to Invest in South Milwaukee Foreclosures

How to invest foreclosure

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

Foreclosure home

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

Wisconsin Foreclosure Laws

Foreclosure law

Wisconsin real estate foreclosures are both judicial and non-judicial foreclosures in that foreclosure houses can be processed through either mechanism. In a judicial foreclosure, distressed properties in South Milwaukee have to be approved through a court before an auction can take place. In a non-judicial foreclosure, no court approval is required; the lender can file a Notice of Default and eventually put the auction up for sale. Real estate brokers can handle foreclosures after they have been either cleared by the court or put on the market by the lender. In either case, homes that do not sell at auction are now owned by the lender and are South Milwaukee REO properties.

South Milwaukee Banks Foreclosures

Bank Foreclosure

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

>> See more info about bank foreclosures

South Milwaukee Government Foreclosures

Government Foreclosure

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

>> See more info about govermment foreclosures

South Milwaukee Pre-Foreclosures

Foreclosure

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

South Milwaukee Foreclosure Auctions

Foreclosure Auction

Most South Milwaukee 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 South Milwaukee, 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 South Milwaukee, WI. We offer a comprehensive South Milwaukee foreclosure auction listings.

>> See more info about foreclosure auctions

Top Zip Codes in South Milwaukee, Wisconsin

Find Home Foreclosure Listings in South Milwaukee, WI

South Milwaukee 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 South Milwaukee, WI 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 South Milwaukee Wisconsin, best affordable foreclosure condo in South Milwaukee, cheap apartments for sale, bargain foreclosed homes for sale in South Milwaukee, WI and earn huge savings on the homes YOU want to buy!

Our South Milwaukee Foreclosure Lists

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

You can also search Oak Creek foreclosure listings and Milwaukee foreclosure listings for more properties in the neighboring area.



South Milwaukee, WI

As of 2011, South Milwaukee's population is 20,787 people. Since 2000, it has had a population growth of -2. 20 percent. The median home cost in South Milwaukee is $173,400. Home appreciation the last year has been -2. 43 percent. Compared to the rest of the country, South Milwaukee's cost of living is 3. 10% Lower than the U. S. average. South Milwaukee public schools spend $5,840 per student. The average school expenditure in the U. S. is $5,678. There are about 16. 3 students per teacher in South Milwaukee. The unemployment rate in South Milwaukee is 8. 80 percent(U. S. avg. is 9. 10%). Recent job growth is Positive. South Milwaukee jobs have Increased by 1. 30 percent. Average Commute time is 25 minutes. The National Average is 28 minutes.

Peoplesouth-milwaukee, wiUS
Population20,787307,829,557
Pop Density4,44887
Pop Change-2.20%9.34%
Median Age40.536.6
Households8,563116,329,167
Household Size2.362.58
Male Population48.90%49.31%
Female Population51.10%50.69%
Married Population48.20%47.15%
Single Population51.80%52.85%
Estimated Households By Household Incomesouth-milwaukee, wiUS
Income Less Than 15k8.72%12.10%
Income Between 15k And 25k9.26%10.18%
Income Between 25k And 35k10.59%10.56%
Income Between 35k And 50k18.21%14.98%
Income Between 50k And 75k23.97%19.53%
Income Between 75k And 100k15.25%12.52%
Income Between 100k And 150k11.31%12.14%
Income Between 150k And 250k1.64%3.91%
Income Between 250k And 500k0.89%3.34%
Income Greater Than 500k0.15%0.75%
Economysouth-milwaukee, wiUS
Unemployment Rate8.80%9.10%
Recent Job Growth1.30%-0.12%
Future Job Growth33.80%31.25%
Sales Taxes5.60%6.80%
Income Taxes6.75%6.25%
Income Per Cap$25,616$27,067
Household Income$53,475$52,954
Housingsouth-milwaukee, wiUS
Median Home Age53.335.1
Median Home Cost$173,400$175,100
Home Appreciation-2.43%-3.15%
Homes Owned62.03%59.90%
Housing Vacant5.70%10.37%
Homes Rented32.26%29.73%
Property Tax Rate$25.72$11.20
Owner Occupied Housing Units By Valuesouth-milwaukee, wiUS
Less Than 20k0.14%2.65%
20k To 399990.34%3.76%
40k To 599990.62%4.99%
60k To 799991.07%6.01%
80k To 999993.31%7.27%
100k To 14999936.78%19.24%
150k To 19999933.81%14.67%
200k To 29999921.08%18.09%
300k To 3999992.23%9.14%
400k To 4999990.39%4.94%
500k To 7499990.21%5.42%
750k To 9999990.00%2.03%
1kk Or More0.00%1.77%
Educationsouth-milwaukee, wiUS
School Expend$5,840$5,678
Pupil Teacher Ratio16.314.9
Students Per Librarian579803
Students Per Counselor386513
2 Yr College Grad7.55%7.47%
4 Yr College Grad13.35%17.42%
Graduate Degrees5.32%10.12%
High School Grads89.26%84.72%
Crimesouth-milwaukee, wiUS
Violent Crime44
Property Crime44
Housing Units By Year Structure Builtsouth-milwaukee, wiUS
1999 To 20052.91%13.71%
1995 To 19984.39%8.54%
1990 To 19943.96%5.77%
1980 To 19899.87%13.87%
1970 To 19798.11%16.17%
1960 To 196914.31%11.70%
1950 To 195922.50%11.08%
1940 To 19497.89%6.02%
1939 Or Earlier26.06%13.15%

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