What is a Pre-Foreclosure in Detroit Surrounding Areas?

With millions of homes across the country going into foreclosure, it’s important for both buyers and mortgage holders to understand the process. So what is a pre-foreclosure in Detroit Surrounding Areas anyway? Many homeowners across America and Detroit Surrounding Areas are facing difficulties making their monthly mortgage payments. When a homeowner misses 3-6 months of mortgage payments, … Continued

Understanding the Foreclosure Process in Michigan

Understanding the foreclosure process in Michigan is an important part of navigating your own home foreclosure. Before we dive in… Understanding the Foreclosure Process in Michigan What is foreclosure anyway? Foreclosure is the legal process that lenders use to take back property securing a loan, generally after the borrower stops making payments. Foreclosure is no fun. … Continued