Saugatuck, Mi Real Estate Foreclosure Activity

What is the status of foreclosures around Saugatuck, Mi? Just checked the Allegan County News for the upcoming foreclosures and a couple more developers who have projects in Saugatuck Township are listed in the paper as in default and slated for foreclosure. I can only think of one remaining developer who is still standing. These new defaults may open up building lots in great locations are firesale prices.

The number of foreclosures representing the real low hanging fruit - the subprime properties listing for under $100,000 are slowing down in Allegan County near Saugatuck and Douglas. However, the more expensive homes are beginning to show up in the newspaper as the second wave of foreclosures representing those who had adjustable rate mortgages and those who require refinancing is increasing.

If you would like a list of the active foreclosure properties in Saugatuck, Douglas, and Saugatuck Township just go to my foreclosure website - www.saugatuckforeclosure.com and sign up and I will send them to you along with a "Care Package" from Saugatuck. Also be sure to check out my extended website at www.mysaugatuck.com all my blogs and all the homes listed whether foreclosures or not. This is the time to buy Saugatuck Real Estate!