by David Soble | Jan 24, 2021 | Contract Law, Real Estate Law
A letter of intent binding contract dispute is more common in Michigan real estate than most buyers and sellers realize. You draft what you believe is a simple, preliminary document to outline the general terms of a transaction. Both parties sign it, conversations...
by David Soble | Jan 1, 2021 | Contract Law, Purchase Agreements, Real Estate Law
Equitable mortgage situations arise in Michigan more often than most investors realize. When they do, a court can look straight through a purchase agreement, warranty deed, and lease-back arrangement. The judge can then declare your entire transaction a mortgage...
by David Soble | Dec 2, 2020 | Contract Law, Mortgage Disputes, Real Estate Law
If you are a Michigan homeowner who has missed mortgage payments, or fears you are about to, a mortgage modification in Michigan may be one of the most powerful tools available to help you keep your home. But too many homeowners wait too long, respond passively, or...
by David Soble | Nov 20, 2020 | Business Law, Real Estate Law
I have watched clients walk out of courtrooms after unfavorable rulings, feeling as though their case is over. Often it is not. A motion for reconsideration in real estate litigation is a formal business tool that gives a losing party the opportunity to ask the same...
by David Soble | Mar 19, 2020 | Purchase Agreements, Real Estate Law
No Legal Requirement to Use Agent In both positive and bad times, people use real estate agents to market their homes. But in favorable times, it makes sense that it is easier to sell and market a home on your own. There are no legal requirements to use a real estate...
by David Soble | Mar 9, 2020 | Purchase Agreements, Real Estate Law
The Michigan seller’s disclosure statement is one of the most consequential documents in any residential real estate transaction. Yet, it is routinely misunderstood, rushed through, or filled out incorrectly. As a Michigan real estate professional with more than...
