We get a LOT of email requests for help. If you email us, be sure to read this post so you’re sure to see our reply. Here’s a recent email I received. I figured I’d post it on the blog because there are many people that have moved out of the State over the last few years that are facing Michigan foreclosure on their house they’ve left behind.
I have a home in Michigan that I tried to sell for a year and couldn’t. I used two real estate agents and couldn’t get any bites…I have been living out of state for two years, I’ve drained my savings and can no longer afford to pay two mortgages. I really want to be rid of the house, but want to do the best thing!! Please help. Suzanne H (Rochester Hills, Michigan).
Here was my response:
Suzanne, you are in a tough spot, much the same as many people that have left the State and have watched their property values decline way below the mortgage balances.
I certainly have some ideas for you that are far better than a foreclosure (all at no cost to you). To get you started, check out some of the options here and learn about short sales here.
We’ll need to talk “live” to go over all of the options because the best choice for you will depend on your specific circumstances. I’ll look forward to your call.
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