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Selling An Unsecured Promissory Note In MI?

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If you’re in MI (especially Metro Detroit), when it comes to unsecured promissory notes, there are two things to keep in mind: Its current value and its future value.  If you are considering selling an unsecured promissory note in Metro Detroit, the first thing you need to do is determine its current value or market … Continued

Short Sale vs Foreclosure – What’s the Difference in Metro Detroit?

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Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Metro Detroit, MI? When a homeowner can’t keep up with their mortgage payments, the bank has the right to take back the home. This process is called foreclosure. The bank does this … Continued

I Want To Sell My Real Estate Note In Metro Detroit MI

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“I want to sell my real estate note in Metro Detroit MI…Where do I start?” Holding a real estate note, private mortgage note, private promissory note or other paper real estate asset in MI can sometimes be a challenging proposition: They don’t always offer the highest returns, you collect your cash over a period of … Continued

Can a house be sold while in probate in Metro Detroit MI?

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Probate is the process of reassigning the property to the beneficiaries after the person dies. When a person passes away they leave their loved ones and their property behind. Sometimes the last will or the Testate is left behind by the person and in some cases it is not. Whatever is the situation, the property … Continued

Can You Get Your House In Metro Detroit Back After Foreclosure?

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If you’re facing the possibility of foreclosure in the future, you might be wondering if you can get your house in Metro Detroit back after foreclosure. After all, you need a place to live! Unfortunately, once the court rules in favor of your lender and agrees to proceed with foreclosure, it becomes very challenging to … Continued

Foreclosure Prevention Measures In Metro Detroit and the rest of MI

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Local MI homeowners who are facing a financial challenge may find themselves in foreclosure. Foreclosure is when the mortgage loan doesn’t get paid back and the bank begins the process to take ownership of the property to recoup its losses. If you find yourself entering the foreclosure process, you might wonder if there is anything … Continued

What If My House Won’t Sell During A Divorce in Metro Detroit?

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If you’re going through a divorce and you’re trying to sell a house, you might be wondering, “what if my house won’t sell during a divorce in Metro Detroit?” That’s a good question to ask so be sure to read this blog post and we’ll share our best answer with you… A divorce can be … Continued