by David Soble | Jan 18, 2020 | Land Contract
This question is from Greg in Livonia, who says, “I’m considering purchasing a home with my fiance. The seller is offering a rent-to-own program. Is there a difference between a rent-to-own program and a land contract? Now, we don’t qualify for a traditional...
by David Soble | Jan 18, 2020 | Mortgage Disputes
This question comes from Veronica of Commerce, MI, who writes: “We took a construction loan out to purchase a lot and build a 2500 sq. ft. home. The process has not been easy. However, now the builder is coming to us and asking us for an additional $80,000 on the...
by David Soble | Jan 18, 2020 | Financial Disputes, Mortgage Disputes
This question concerns a notice of mortgage foreclosure for a commercial property. Just so you know, commercial property, like residential property, can also be foreclosed upon. The question comes from Scott S. of Shelby Township, who owns a restaurant and the...
by David Soble | Jan 18, 2020 | Business Law, Contract Law, Probate, Real Estate Law
This question comes from Sarah Milner, who I had met last week at a real estate investor function. Sarah asks if there is anything wrong with sharing legal forms between friends and colleagues; after all, they’re free!! Free Real Estate Forms There is not a day...
by David Soble | Jan 18, 2020 | Financial Disputes, Mortgage Disputes
Today I am answering a question from a homeowner in Clarkston concerning a mortgage dispute. He’s seeking a “mortgage resolution” to his problem. He writes: “I received a call from a new mortgage company stating that they now own my mortgage....
