Foreclosure doesn't help the lending institution anymore than it does the home owner. Short Sales appear to be the answer and it appears that banks are finally taking steps to secure a home sale prior to a foreclosure.
Ann Arbor Michigan offers a new opportunity for property investment with the announcement of The Thomas Cooley M. Law School, out of Lansing opening it's doors in the northeastern area of the city. Great homes, condos and land is still available for investment.
As more and more of my buyer clients look to get a great deal on their Ann Arbor Real Estate purchase, many are asking me about the pros and cons of real estate auctions. My answer is ” As with anything, there are advantages and disadvantages to going the auction route.”
Off set the costs of student housing at the University of Michigan by looking at the investment potential and tax benefits of Ann Arbor real estate for your off campus student housing needs.
Ann Arbor Michigan and the surrounding communities have the economic backbone of the University of Michigan with it's new growth and building expansions helping property investors through these difficult economic times.