Foreclosure for Sale on Timothy Ln, South Lyon, MI 48178

Foreclosures โ€บ Michigan โ€บ Oakland โ€บ South Lyon โ€บ Timothy Ln
Bank-owned REO foreclosure property at Timothy Ln, South Lyon, MI 48178. 4 bed 3 bath 2,524 sq ft Oakland County foreclosure listing.
Foreclosure (REO) Active 103 days on market
Timothy Ln, South Lyon, MI 48178
Price TBD
Oakland County ยท Michigan
4
Bedrooms
3
Bathrooms
2,524
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 4
Bathrooms 3
Living area 2,524 sq ft
County Oakland County
State Michigan
ZIP 48178
Days on Market 103 days
Listing ID 64839696
About this property

This South Lyon, MI property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

๐Ÿ“Š Oakland County Market ยท Updated daily
Active Listings
1,693
Avg. Est. Value
$246,673
Bank-Owned (REO)
196
Pre-Foreclosures
1,497

30 active foreclosure listings in South Lyon, MI.

Browse all Oakland County foreclosures โ†’
โ“ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Oakland County foreclosures for additional guidance on the purchase process.
There are currently 30 active foreclosure listings in South Lyon, MI. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท South Lyon, MI Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 48178 ยท U.S. Census ACS
Population
36,842
Median Age
43.4 yrs
Households
13,619
Median Household Income
$127,052
Median Home Value
$362,900
Median Rent
$1,169/mo
Owner-Occupied
92% of homes
Vacancy Rate
3% of units
Unemployment Rate
3.4%

~34% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 48178
๐Ÿซ Middle
Centennial Middle School
Grades 6โ€“8ยทSOUTH LYON ZIP 48178

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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