by David Soble | Dec 2, 2020 | Contract Law, Mortgage Disputes, Real Estate Law
These are unusual economic times, to say the least. Are you behind in mortgage payments? Is your lender threatening foreclosure actions against you? Waiting on your lender to reach out to you with help is not going to improve your financial situation. Instead of...
by David Soble | Jan 18, 2020 | Business Law, Financial Disputes, Mortgage Disputes
A recent question: “I co-signed on a commercial loan for a business that is owned by both my daughter and my son-in-law back in 2010. Now they are getting divorced. No one has paid on the loan since they filed for divorce. The bank just called me for the payment and...
by David Soble | Jan 18, 2020 | Mortgage Disputes
This question comes from Veronica of Commerce 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 project....
by David Soble | Jan 18, 2020 | Financial Disputes, Mortgage Disputes
Today’s 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 today comes from Scott S. of Shelby Township who owns a restaurant and...
by David Soble | Jan 18, 2020 | Financial Disputes, Mortgage Disputes
I’m Michigan Real estate and finance attorney David Soble. Today we are 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...
by David Soble | Jan 18, 2020 | Financial Disputes, Mortgage Disputes
As a Michigan real estate and finance attorney for almost thirty years now, I’ve dealt with mortgage and financial disputes between borrowers and lenders. Years ago, the lending environment was very easy to maneuver and there were very few, if any, federal regulations...
