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Arbitration vs. Court Litigation

Arbitration vs. Court Litigation

James from South Lyon wrote in last week. He and his wife are buying a new construction home in South Lyon, MI. They are having a major disagreement with the builder about the integrity of the foundation. They don’t want to move forward and they want their...
Releasing a Co-Signor from a Mortgage Obligation

Releasing a Co-Signor from a Mortgage Obligation

This week’s question comes from James in Gross Pointe, Michigan who writes, “I co-signed on a commercial loan for a business that is owned by both my daugher and my son in law back in 2010. Now, they are getting divorced. No one! has paid on the loan since...
Mortgage Fraud: Contractor Misstatements

Mortgage Fraud: Contractor Misstatements

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....
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