Many real estate investors are seeking free foreclosures lists in Michigan as the dour economy sends the foreclosure rates through the roof.
Some of the demand for a free foreclosures list in Michigan is also coming from the people facing foreclosure?as they discover that their pending foreclosure is a matter of public record.
Regardless if you are an investor or someone trying to access your own information, this article will benefit and educate you.
First, there are no free foreclosures lists in Michigan that we are aware of. They are almost free, but there is still a nominal charge to access them.
Pending foreclosures in Michigan are written up in a paper called The Legal News. The Legal News is different for each County of Michigan.
For example, we live in Washtenaw County, and therefore to access the free foreclosures list in Michigan for our area, we subscribe to the Washtenaw County Legal News.
However, as we said before, it?s not totally free. But it?s only 5 dollars for a year?s subscription so it basically costs next to nothing. With your subscription you also get Internet access to the same material that is published in The Legal News paper. If you haven?t subscribed, though, you won?t be able to access this information online as you need a username and password.
So, if you are getting into a type of real estate investing that will put you into contact with people in foreclosure, such as doing short sales, or lease options, then you definitely want to subscribe to your local Legal News paper.
But don?t rely on the print version to arrive to your mailbox once a week.
Access the information online. Time is your enemy. People in foreclosure don?t have much time to work out a creative solution, and if you wait for the paper to arrive in your box when you can access the same information online immediately as it comes out, you are putting yourself at a disadvantage?especially against the other real estate investors who get the foreclosure information online right away as it comes out.
Other than free foreclosures lists in Michigan, there are other strategies you should start to employ as a real estate investor.
This is why we created the website [http://www.buy-sell-michigan-real-estate.com] so that investors all over the state can network together to help each other. For example, do you come across leads that don?t fit your criteria because of little to no equity and you don?t know what to do with them? We can help turn those leads into money.
If you are a distressed homeowner facing foreclosure, then you will also find out website beneficial as we have unique programs that help us turn property quickly. In short, we may be able to help you avoid the foreclosure by lease optioning your property or doing a short sale.
Dan Ho is a real estate investor in Michigan. Visit our page for real estate investor networking [http://www.buy-sell-michigan-real-estate.com/real-estate-investors-michigan.html] to make money on leads you can?t do anything with or page on free foreclosures lists in Michigan [http://www.buy-sell-michigan-real-estate.com/michigan-home-foreclosures.html] for more creative strategies on foreclosures.
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