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Author: mark_sweeney

Using A Lease Option To Sell Your House in Michigan

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The exit strategy you use to sell your house can make all the difference in earning the highest possible returns on your real estate investment. An extremely lucrative alternative to selling your house outright, lease options offer a way for you to earn a higher return on the sale. At the end of the agreement, … Continued

How Landlords Can Save Money Making Repairs In Michigan

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In order to bring more long term value to the rental property–especially if you’d like to sell in the near future–it’s often recommended a landlord should keep up with regular maintenance any ultimately make the necessary repairs. You can find ways to save money making repairs in order to always keep your property in tip-top … Continued

5 Ways to Deal With Bad Tenants in Michigan

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Anyone who’s been a landlord for any length of item knows that headaches and hassles are simply part of the job description. And number-one among those headaches/hassles is problem tenants. For truly bad tenants in Michigan, eviction is always an option. But that can be a lengthy and expensive process, so it’s better to find … Continued

What To Do If Your Tenants Asks To Sub-Lease In Michigan

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There are a variety of reasons why your tenant may ask to sub-lease in Michigan. Some landlords are fine with it, while others are not. Learn more about the process in our latest post! Sublets can work out just fine so long as the tenant has received the permission of the landlord. All contracts need … Continued

5 Benefits of Selling Your House Via Rent to Own in Michigan

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For those who may be ready to sell yet can hold onto a house that is ready for rental for a few years longer, the rent-to-own scenario provides some perks that make rent-to-own an option worth considering.  There is a large buyer pool waiting for these opportunities, seeking to attain the lifestyle that homeownership affords … Continued

Traditional Sales vs. Short Sales And Foreclosures in Michigan

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Home sales usually fall into one of three main categories: traditional sales, short sales, and foreclosures. For buyers, each has pros and cons, though generally speaking the cheaper properties are short sales and foreclosures. But if you’re a buyer, you need to keep in mind that these properties are usually cheaper for a good reason. … Continued

Avoiding Foreclosure: How Michigan Direct Property Buyers Can Help You Keep Your Credit Score Intact

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Facing foreclosure can be an extremely stressful experience for any Michigan homeowner. Not only does it mean the loss of a home, but it can also have a significant impact on one’s credit score and financial future. Fortunately, there are options available for homeowners facing foreclosure, including working with direct property buyers in Michigan. In … Continued

What Homeowners in Michigan Can Expect During the Foreclosure Process

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If you’re concerned about your property going into foreclosure due to circumstances beyond your control, the optimum scenario would be to work with your lender for a resolution before things go any further. However, going through the foreclosure process can be made easier when homeowners understand what lies ahead, so read on as we explore … Continued

5 Ways the Foreclosure of Your Michigan House Will Impact You in the Future

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The wheels that drive foreclosures turn very slowly, and there is ample opportunity to steer the ship in a new direction and salvage your future. Sadly, foreclosure is entirely avoidable, yet lives are often damaged for years because homeowners weren’t fully informed of the consequences and took no action to prevent the process.  Whatever circumstances … Continued

4 Things to do if You Are Upside-Down on Your Mortgage in Michigan

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Whether you overpaid for the property in a bidding war, you’ve fallen behind on mortgage payments, or property values have dipped, being upside-down on your mortgage or owing more than the current market value is a less-than-ideal situation for homeowners. If circumstances force you to sell your house due to foreclosure instead of waiting out … Continued

What Rising Foreclosure Rates Mean for Home Buyers and Sellers in Michigan

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It’s no secret that foreclosure rates in America are on the rise. This can affect the Michigan real estate market in all sorts of ways. The housing market has always been a volatile industry. With fluctuating prices, ever-changing regulations, and unforeseeable economic conditions, it can be challenging for homebuyers and home sellers to navigate the … Continued

How to Sell Your House During Bankruptcy in Michigan

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If you own a home when you file for bankruptcy, it becomes part of the bankruptcy estate, the property or assets you own. In October of 2022, there was a twenty-seven percent increase in chapter 13 bankruptcy filings over the previous year. Bankruptcies, including all chapters, total a seven percent increase overall, which correlates strongly … Continued

Stopping the Foreclosure Process: A Guide for Michigan Homeowners

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Stopping the foreclosure process of your Michigan home can be difficult, but not impossible. Dealing with the banks, negotiating terms, and stressing over your mortgage can feel completely unbearable, but luckily you have lots of options available to you. Foreclosure is more common than you might think and can affect millions of Americans every year. … Continued