Short Sale Realtors: Bloomfield / Birmingham / Novi / Troy / Rochester / Beverly Hills / West Bloomfield / Franklin / Royal Oak / Huntington Woods / Oakland County / Detroit Metro Area The Mike Realtor Team! : Michigan: Huntington Woods

One thing that causes a problem is when the bank sheriff sales a home that is vacant while you are working on a Short Sale.  In Michigan, an owner has 6 months of redemption unless the bank deems the home Abandoned and then they can take it back with in weeks.  Well, often my owners still have all of the unities on and the home is vacant but not abandoned.  So, what I do is have my seller sign the letter below and I post it on all of the doors in the house.  So far it has worked. 

Mike Sher

THANK YOU FOR VISITING OUR HOME.

As you might be aware, our home is in the Redemption Period of Foreclosure until August 24, 2009. Therefore, in the State of Michigan, we have the right to sell and close on the property until August 24, 2009. This is not a Bank-Owned property. All utilities are on, and the mechanicals are in working order.

If the person reading this is employed by the lien holder or is an agent for the lien holder, including real estate agents, a securing company, or locksmith, THIS HOME IS NOT ABANDONED! We maintain possession of this property.

For questions pertaining to the sale of this property, please contact our Realtor, Mike Sher, 248-xx-xxxx x175.

Mr. and Mrs. John Doe seller

Need more information, call me !

 Mike Sher,

Office: (248) 644-4700x242 Fax :(248) 499-1020 Bloomfield Hills, MI 48302 E-mail: mike@mikerealtor.com

CDPE (Certified Distress Property Expert)

MCAR, Short Sale Trainer

Max Brook and Real Estate One Short Sale Specialist.

 The Mike Realtor Team Blog - Metro Detroit/Oakland County

Servicing in Southeast Oakland County, Auburn Hills, Birmingham, Bloomfield, Berkley, Beverly Hills, Canton, Clawson, Farmington Hills, Ferndale, Huntington Woods, Northville, Novi, Pleasant Ridge, Plymouth, Royal Oak, Rochester Hills, West Bloomfield, Troy, etc. We worked with: Bank of America, Country Wide, HSBC, EverHome, Litton, GMAC, Chase, Wells Fargo, Flagstar, Fifth Third, Charter One, Comerica, Am Trust, US Bank, National City

But, We Can Help!

This is a competitive real estate market.  If you have to sell and can not, perhaps it is time to look at a Short Sale.  The Mike Realtor Team has performed dozens of Short Sales for professionals who have lost their job, income has declined, medical problems, relocation, retirement, divorce, loss of spouse, unable to make ends meet, or other reasons not listed.

Any entry to our home with motive to change locks or breach our legal right of possession during the Redemption Period shall be prosecuted to the fullest extent of the law.