by David Soble | Jan 16, 2020 | Land Contract
If you buy or sell property through seller financing in Michigan, the memorandum of land contract may be the single most important document you have never heard of. As a Michigan real estate professional with more than 35 years of experience, I have seen what happens...
by David Soble | Jan 16, 2020 | Real Estate Law
Negotiating a legal settlement is one of the most important decisions you will face if you are involved in a lawsuit. According to the American Bar Association, the vast majority of civil cases, more than 90 percent, are resolved through settlement rather than trial....
by David Soble | Jan 16, 2020 | Purchase Agreements, Real Estate Law
When a seller fails to disclose basement water damage in Michigan, the consequences can devastate a buyer financially. Imagine purchasing a home during winter and moving your family in. Suddenly, the spring thaw arrives and turns your basement into a wading pool. You...
by David Soble | Jan 16, 2020 | Deeds
Each month, I receive more than a handful of calls concerning quitclaim deed forms. Usually, callers are not looking to me to obtain the legal forms; you can easily download them online. Instead, they call me for advice on how to “reverse” or...
by David Soble | Jan 16, 2020 | Purchases, Real Estate Law
Real estate disclosures in Michigan are not optional. They are legal obligations for sellers, agents, lenders, title companies, and attorneys. I have practiced real estate law in Michigan for over 35 years. Frequently, I see parties overlook disclosures or favor speed...
by David Soble | Jan 16, 2020 | Purchases, Real Estate Law
A lease with an option to purchase sounds like the best of both worlds. A landlord keeps a reliable tenant in the property, locks in a future sales price, and avoids the hassle of listing. For the tenant-buyer, it is a chance to test-drive a home and secure...
