If you want to make a profit buying foreclosure homes in Kalamazoo, it is obviously quite possible to do so. Not only are there many ways to make money buying them, but many investors have made money this way, showing that it is in fact possible. If you want to get started in making money buying some of them, though, you need more than just a drive to succeed. You also need some resources that can help you find the best real estate foreclosures.
| ZIP CODE | LOCATION | BD/BH | PRICE | DETAILS |
|---|---|---|---|---|
| 49007 | Kalamazoo, MI | 4/2 | $1,000.00 |  |
| 49048 | Kalamazoo, MI | 3/1 | $1,000.00 | |
| 49006 | Kalamazoo, MI | 5/3 | $20,000.00 | |
| 49001 | Kalamazoo, MI | 3/2.5 | $69,900.00 | |
| 49004 | Kalamazoo, MI | 4/1.5 | $78,900.00 | |
| 49001 | Kalamazoo, MI | 3/2 | $69,900.00 | |
| 49004 | Kalamazoo, MI | 3/2 | $99,900.00 | |
| 49001 | Kalamazoo, MI | 3/3 | $18,000.00 | |
| 49048 | Kalamazoo, MI | 4/2 | $79,900.00 | |
| 49007 | Kalamazoo, MI | 4/1.5 | $11,000.00 | |
Pub crawling and Kalamazoo foreclosure homes strange bedfellows indeed! Its late summer in Kalamazoo and a great time of year. Why not go downtown late afternoon, to try out the light bodied wheat ales, maybe leave the stout test till September. That could be your reward for a hard morning spent looking at suitable student housing for one of your kids who is going to attend Kalamazoo College in the fall.
Out of state students are attracted by the Study Abroad program and some anxious parents relocate to be nearer their fledglings. Foreclosures offer a chance for a great investment - buying a suitable student pad from among the foreclosed properties in Kalamazoo, rent it out to 2 or 3 students including your teenager and voila!, savings to be had on his accommodation costs AND get some cash flow IN instead of the other way round for a change.
A quick search through Michigan Foreclosure Homes in the online foreclosure listings illustrates that there´s plenty to choose from. Much of the area around Western Michigan University and Kalamazoo College is student housing, but there is always a demand for more decent digs, Consider the possibility of multiple savings on student support, if you have more than one teenager involved. Should you have a child of the right age, maybe with the renowned Western Michigan University in his/her sights, that investment may bring double dividends.
Raising new financing is a breeze if you have equity in your current family home. First up, look through the Michigan Foreclosures with a local agent and narrow down location options and price ranges for two foreclosure houses! Consider a smaller family home for you, the proud parents, maybe a gated community (less yard work, more time for testing beers), and a rental loft, apartment or condo for the students.
There are some other advantages living in Kalamazoo. There´s a lower cost of living with housing and utilities 15% below national average. If the younger sibling enters below ninth grade, he/she will qualify for a grant toward the tuition costs at WMU under the "Kalamazoo Promise" initiative private donors helped set up in 2005. It was seen as a way to revitalise this hard hit satellite city of Detroit. Options for you new home can be found in foreclosed homes listed in Parkview Hills or in Oakwood. When you find that perfect fit at a superb price likely to get even better, call it a day and you will have an excuse to try out the brews at Kraftbrau or Bilbo´s Pizza.
