RE/MAX First

Informative online report details foreclosure alternatives for homeowners facing unaffordable mortgage payments in Southeastern Michigan

Short sales are now more common for homeowners that are facing foreclosure and need another resource to stop the process on their Southeastern Michigan property.

Foreclosures and Short Sales are impacting countless Macomb and Oakland County Michigan homeowners and it doesn't appear that there will be any let up in this pace for another 5 to 7 years.

My topic today I wanted to discuss how we can handle a short sale during a divorce. This can certainly be a delicate situation to handle but our team has 27 years experience to keep both parties happy.

Loan Modification? Short Sale? Deed-in-Lieu of Foreclosure? What's an upside down struggling property owner to do?

Short Sales and Loan Modifications are two terms that were mostly unheard as of 5 years ago. Now, they are everyday words for most homeowners

It's a common misconception that if "I gave a quit claim deed her/him the house" you are done with the responsibility for the loan.

Completing a Short Sale in MI is one of the most difficult real estate transactions in all of Southeastern Michigan real estate. It is important to know that the company and team you hire to complete this process for you have expertise in this area.

This question of how long one must wait to qualify to buy a home after a short sale or foreclosure is one many prospective Michigan homeowners are asking now.

Bank of America is willing to pay borrowers up to $30,000 for moving expenses to short sale their house. I doubt that many homeowners will receive $30,000.