Is Michigan a recourse or non-recourse state when it comes to foreclosure?
Public Comments
- No...and people need to understand that there is only one state that is..and the rates there are sky-high because of it. Michigan isn't one of them.
- Please review your loan documents and I also strongly recommend you consult an attorney who specializes in real estate law. Realtytrac has this information on their website. http://www.realtytrac.com/foreclosure-laws/Michigan-Foreclosure-Laws.asp If you are a homeowner in trouble. I suggest you read this information from the Department of Housing and Urban Development http://www.hud.gov/local/index.cfm?state=mi see the right hand column
Powered by Yahoo! Answers