Foreclosure for Sale on Ostrum Dr, Waterford, MI 48328

Foreclosures › Michigan › Oakland › Waterford › Ostrum Dr
Bank-owned REO foreclosure property at Ostrum Dr, Waterford, MI 48328. 3 bed 1 bath 1,537 sq ft Oakland County foreclosure listing.
Foreclosure (REO) Active 75 days on market
Ostrum Dr, Waterford, MI 48328
Price TBD
Oakland County · Michigan
3
Bedrooms
1
Bathrooms
1,537
Sq ft
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 1
Living area 1,537 sq ft
County Oakland County
State Michigan
ZIP 48328
Days on Market 75 days
Listing ID 65814656
About this property

This Waterford, 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.

📊 Oakland County Market · Updated daily
Active Listings
1,684
Avg. Est. Value
$246,673
Bank-Owned (REO)
196
Pre-Foreclosures
1,488

156 active foreclosure listings in Waterford, MI.

Browse all Oakland County foreclosures →
❓ 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 156 active foreclosure listings in Waterford, 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 — 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 — eviction may be required if the property is occupied.
🌊 Flood Zone · FEMA NFHL

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

Check FEMA Flood Map →
🏦 Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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📍 Location Map · Waterford, MI Open in Google Maps →
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🏘️ Neighborhood Profile · ZIP 48328 · U.S. Census ACS
Population
25,717
Median Age
42.1 yrs
Households
11,349
Median Household Income
$65,687
Median Home Value
$197,400
Median Rent
$969/mo
Owner-Occupied
65% of homes
Vacancy Rate
5% of units
Unemployment Rate
5.2%

~18% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
🏫 Schools · NCES 2024–25
Schools in ZIP 48328
🏫 Elementary
Donelson Hills Elementary School
Grades K–5·WATERFORD ZIP 48328
🎓 High
Waterford Durant High School
Grades 9–12·WATERFORD ZIP 48328

Source: NCES CCD 2024–25 · nces.ed.gov

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