For years, Oakland County — like others in the state — foreclosed on properties that owed back taxes, sold them and kept the proceeds. But a new legal standard says some of the money from those sales ...

After four years, the Wayne County Treasurer's Office said it expects to resume all property tax foreclosures in 2024. "It gave people some relief and it gave them time to regroup," Wayne County ...

A real estate-owned (REO) foreclosure offers investors or potential homeowners the opportunity to secure a property under market value. REO properties have proven that they warrant the attention of ...

For years, Oakland County — like others in the state — foreclosed on properties that owed back taxes, sold them and kept the proceeds. But a new legal standard says some of the money from those sales ...

Creditors know that a bankruptcy petition automatically halts efforts to collect pre-petition debts from the debtor outside of bankruptcy. The "automatic stay" provides fundamental protection to ...

Foreclosure sales are an excellent resource for investors looking to purchase fixer-upper properties at low prices. However, there are many risks of buying properties sight unseen, and misconceptions ...

Equity stripping reduces property equity to deter creditors or facilitate predatory lending. Understand the process and ...

Question: My sister and I paid $270,000 for our first investment home. It's far north of the Valley, off of Interstate 17. The mortgage from a private lender was $240,000 with 12% interest. To save ...