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After a Michigan Supreme Court ruling, here's how former property owners can make claims for profits from tax foreclosure sales. Thousands of former Michigan homeowners could claim profits of ...
For around $4.7 million, you might be able to snag one gleaming, top-of-the-line luxury home in a top market. In Michigan's Macomb County, though, it bought one man 627 homes. Bill McMachen, who ...
The process—usually achieved with a combination of intimidation, threats, and physical force—effectively circumvents foreclosure by forcing the lender to relinquish the property without an opportunity to recuperate the balance of the loan. The term arose during the foreclosure of farms during the Great Depression in the United States.
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
The technicolor throwback nabbed the attention of @zillowtastrophes, a real estate TikTok page that showcases unique houses for sale around the nation, and the creator did a photo walk-through of ...
The Edward E. Hartwick Memorial Building is a 1-1/2 story rustic log structure built entirely of Michigan pine, and is one of the few remaining examples of the rustic log architecture used in the 1920s and 1930s by the Michigan State Park system. 3: M-72–Au Sable River Bridge: M-72–Au Sable River Bridge: December 9, 1999