Summer is going fast. I read a Court of Appeals decision that prompted me to write on the topic concerning real estate investors. The market to purchase distressed real estate has become extremely competitive since 2008-09. Having multiple real estate investors bidding on properties can cause some serious problems. Some lenders/investors have tried some creativeContinue reading “Michigan Legal Update for Real Estate Investors: What Happens to a Surplus after Foreclosure Sale?”
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Real Estate Investors Bidding at Foreclosure Sale: What Happens to a “Surplus?”
It is a snowy day today in Grand Rapids. If you are on the roads, drive safe! Last week I read a Court of Appeals decision that prompted me to write on the topic concerning real estate investors. The market to purchase distressed real estate has become extremely competitive since 2008-09. Having multipleContinue reading “Real Estate Investors Bidding at Foreclosure Sale: What Happens to a “Surplus?””
Legal Update for Real Estate Investors Bidding at Foreclosure Sales.
Happy Friday, all. Here’s a photo I took from this morning. Although the weather looks to be clearing up a little downtown this afternoon… Real Estate Investors Bidding at Foreclosure Sale. Real estate investors and lenders are under pressure to “get it right” when bidding at sheriff sales, especially in a real estate marketContinue reading “Legal Update for Real Estate Investors Bidding at Foreclosure Sales.”
Purpose Driven General Counsel 