@Tiger M.(I

I don't think your michigan example is a very good one.

No, i'd move back to SE Michigan (where i grew up) and do the loans there while i traveled for a while.

George WV Huntington Sustained MSAs - April AR Little Rock CA Merced CO Boulder CO Denver CO Fort Collins CO Greeley CT New Haven DC Washington FL Crestview FL Orlando FL Panama City FL Cape Coral FL Deltona FL Jacksonville FL North Port FL Punta Gorda FL Tampa IA Iowa City IA Ames IA Des Moines IA Dubuque IA Waterloo IN Evansville IN Elkhart IN Indianapolis IN Lafayette KY Louisville LA Lake Charles LA Monroe MD Cumberland ME Lewiston MI Flint MI Saginaw MI Detroit MI Grand Rapids MI Lansing MI Monroe MI Muskegon MN Minneapolis MO Columbia MO Jefferson City MO Joplin MO Kansas City MS Jackson NC Burlington NC Charlotte NC Goldsboro NC Greensboro NC Rocky Mount NC Winston-Salem ND Bismarck ND Fargo ND Grand Forks NE Lincoln NJ Ocean City NY Glens Falls NY Rochester OH Columbus OH Dayton OH Springfield OK Tulsa OR Corvallis OR Portland PA Altoona PA Erie PA Pittsburgh PA Williamsport SC Charleston SC Spartanburg SD Sioux Falls TN Chattanooga TN Kingsport TN Nashville TX San Antonio TX Amarillo TX College Station TX Dallas TX Laredo TX Longview TX McAllen TX Midland TX Odessa TX Tyler TX Victoria UT Provo VT Burlington WY Casper WY Cheyenne ARIEL MOYER National Association of Home Builders D 202 266 8595 M 301 706 9965 [email protected]

I want to get as close as possible to a highly credible/highly valuable note as possible to guarantee that it can be sold down the road for a decent price.Marc, is Michigan a DOT or mortgage state?

HelloI live in Michigan and have recently purchased a house, which I intend to live in, at a sheriff's sale.

We specialize in Detroit, MI investments.

Also, I live in the Mid-Michigan area, which is why your post caught my attention.Similarly, I bought my house for what seemed like a good deal in '08.

Might be from house settling, but that's the only thing that really stuck out.Home is in a nicer grand rapids MI neighborhood near main drag of retail and businesses, not ghetto at all.Seller tried selling in winter of 2010 at $75,000 but did not sell after 4 months.Home is a section 8 rental that brings in $816 a month with a tenant that is happy there.

I am not from the state of MI, but I believe that there is a redemption period there in which you can recover the property by paying all debts as well as all foreclosure costs.