by David Soble | Jul 2, 2022 | Deeds, Quiet Title Actions, Real Estate Law
If you recently purchased real estate in Michigan, congratulations! However, your administrative job is not quite done. Michigan law determines who wins a disputed property claim based on a very specific set of rules. The first party to record their deed with the...
by David Soble | Mar 31, 2022 | Contract Law, Real Estate Law
Do banks require that a co-signer be part owner of the secured property as well? Video Translation Speaker 1: (00:03) All right. Okay. Moving on to our next question. It must be from anonymous because we don’t have a writer. So we’ll just say anonymous...
by David Soble | Mar 24, 2022 | Contract Law, Financial Disputes, Land Contract, Real Estate Law
When you make a late payment on a land contract in Michigan, fear sets in fast. You wonder if you just lost your home. You worry whether the seller can take the property back immediately. The good news is that the answers are far more favorable than most people...
by David Soble | Mar 24, 2022 | Contract Law, Real Estate Law
Construction contract violations can turn the dream of a new home into a devastating financial challenge. Serious complications arise when builders collect deposits, draw down construction loan funds, and fail to deliver the promised work. In highly difficult cases, a...
by David Soble | Nov 27, 2021 | Business Law, Commercial, Real Estate Law
For real estate investors, a limited liability company is one of the most powerful and most misunderstood, business tools available today. After more than 35 years advising real estate investors, landlords, and small business owners across Michigan, I have seen the...
by David Soble | Oct 3, 2021 | Contractor Agreements, Purchase Agreements, Real Estate Law
Why Require An Earnest Money Deposit When you find a home you want to buy in Michigan, you make an initial financial commitment. This payment is an earnest money deposit. Real estate professionals also call this a good faith deposit. This upfront payment signals to...