What happens when you inherit a house in Michigan?

Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in Michigan? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued

Short Sale vs Foreclosure – What’s the Difference in Metro Detroit?

Whether you’re a buyer or a borrower/seller, a short sale, and foreclosure each present different advantages and difficulties. What Is A Foreclosure In Metro Detroit, Michigan? In simple terms… “A foreclosed home is one in which the owner is unable to make his mortgage loan payments and the bank repossessed the home” (source).  If you … Continued