pre-forclosures.com
Home | About | Search | Bookmark | Resources | Sitemap
Michigan State Profile
Michigan posted the fifth consecutive year of job losses. Michigan payrolls declined 17,000 (0.4 percent) during the year ending fourth quarter 2005, bringing the total number of jobs lost since 2000 to approximately 290,000...
More information
---------------------------
Finding Opportunity in the Michigan Real Estate Market: Pre-Foreclosures
With current fluctuations in the real estate market, more people are looking to increase their wealth by real estate. From the real estate seminars to TV shows describing the procedure of property rehabbing and flipping, real estate investing is becoming the surest means to build wealth.
It can be done either part-time or as a full-time career, as the transition from a job to reaching wealth through real estate investing is becoming progressively well documented...
More information
Your Michigan Pre-foreclosure Resource site.
Finding Quality Pre-foreclosure Listings
Finding pre-foreclosure properties can be done by visiting the local recorder's office and making photocopies, since listings are added on a daily basis, this can be daunting. Although both will provide you with information on available house, the difference between the two is of significant importance. Therefore, in evaluating foreclosure-listing services, the quality of the listing or "freshness" is important
| Trial? | Updated? | Rating | Link |
| 7 days | Daily/Weekly | ***** | RealtyStore.com |
| 1 Week | Weekly | **** | Bargin.com |
| 1 Week | Weekly | **** | RealtyTrac.com |
| 7 days | Weekly | *** | Foreclosurenet.net |
| 3 days | Monthly | *** | Foreclosure.com |
---------------------------
Michigan Foreclosure Law
- Judicial Foreclosure Available: Yes
- Non-Judicial Foreclosure Available: Yes
- Primary Security Instruments: Deed of Trust, Mortgage
- Timeline: Typically 60 days
- Right of Redemption: Yes
- Deficiency Judgments Allowed: Varies