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Yet Another Extreme Makeover Family in Foreclosure
The latest Michigan foreclosure comes out of Oak Park, where a family showcased on Extreme Makeover Home Edition was given the perfect home. Will they too become a Michigan foreclosure statistic?
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As are most states, Michigan plans to freeze some foreclosure proceedings in an attempt to curb the growing MI foreclosure problem.
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While Michigan foreclosures continue to increase, especially in the Detroit area, they provide great home buying opportunities for investors and first-timers.
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With Michigan foreclosures on the rise, a majority of the market is comprised of foreclosures. However those Michigan foreclosures may boost the market as those at low or moderate asking prices will sell.
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