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FORECLOSURE FIESTA

By CPG

Every week there seems to be more and more news of the foreclosure crisis in Michigan. This week Free Press Sunday paper had 3 sections of Wayne County Notice of Foreclosure on Taxes. Some are making lemonade out of the lemons and using this crisis to make money or state a real estate business.

You may want to contact a Real Estate Lawyer to help you either do seller financing or renting out the units. It is a seller's market so contact a lawyer and have him work a deal that will protect you as the buyer. Make lemonade out of lemons.

Even if you are a home owner with notice of foreclosure banks have so much inventory of unsold homes you should try and contact your lender and work a deal. Attorney General Mike Cox announced today that several lenders will be coming to Michigan to help alleviate the situation. Hold on Michigan help is on the way.

http://www.lawcpg.com/

Full post as published by MICHLAW on November 28, 2007 (boomark / email).