Thursday, April 9, 2009

Investors and property - key websites

For those interested in investing in Detroit property and contributing to the revitalization that way, there are a few interesting websites you should look into periodically.

BankOwnedBids.com is a newly established site focused on foreclosed and bank-owned properties in Michigan.

I check Craigslist (http://detroit.craigslist.org/rea/) periodically to see if there are any deals.

The city is also always selling a variety of lots and buildings (commercial and residential). Some undergo a bid process every month, while others are available, first come, first served. You can find out more here: http://www.ci.detroit.mi.us/Departments/PlanningDevelopmentDepartment/RealEstateDevelopment/tabid/140/Default.aspx

Lastly, Hudson Marshall (http://www.hudsonandmarshall.com/) do Detroit-focused auctions of hundreds of properties every few months.

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